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Operational Risk Manager Jobs in Ramsey, NJ (NOW HIRING)

Schonfeld

Risk Manager

New York, NY

$175K - $275K/yr

Work closely with cross-functional teams, including trading and portfolio management, to integrate risk management practices into business operations. * Data Analysis: Utilize quantitative and ...

Schonfeld

Risk Manager

New York, NY · On-site

$175K - $275K/yr

Work closely with cross-functional teams, including trading and portfolio management, to integrate risk management practices into business operations. * Data Analysis: Utilize quantitative and ...

Invesco

Risk Manager

New York, NY · Hybrid

$150K - $165K/yr

Collaborate with investment teams in monitoring and managing portfolio risk. Provide risk analytic ... mathematics, operations research, engineering, or computer science License / Registration ...

Monitise

Risk Manager

New York, NY

$87K - $146K/yr

Experience you'll need to have: * 5+ years of experience in risk management, operations, and/or financial services, advising business stakeholders and conducting risk assessments. * Experience ...

Gemini

Manager, Enterprise Risk

New York, NY · On-site +1

We are a diverse group of technology, legal, and operational professionals who develop new ... Manager, Enterprise Risk We are seeking an experienced and forward-thinking Manager of Enterprise ...

Gemini

Manager, Enterprise Risk

New York, NY

We are a diverse group of technology, legal, and operational professionals who develop new ... Manager, Enterprise Risk We are seeking an experienced and forward-thinking Manager of Enterprise ...

Kafene

Risk Manager

New York, NY · On-site

$95K - $130K/yr

As a Risk Manager, you will report to the VP of Risk and help build Kafene's profit-driven consumer ... Master's degree in a quantitative discipline such as Statistics, Operations Research, Economics ...

Squarepoint Capital

Junior Risk Manager

New York, NY · On-site

$125K/yr

As a member of our team, you will be responsible for implementing a structured risk management culture, ensuring a sound and stable operation of the business via the implementation of processes and ...

Sotheby's

Senior Risk Manager

New York, NY · On-site

$90K - $120K/yr

THE ROLE The Senior Risk Manager, Americas plays a key role in risk governance, reporting and operational oversight, by providing strategic oversight and technical expertise to ensure the effective ...

Deloitte

Financial Risk Manager

Morristown, NJ · On-site

Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology ... Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ...

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Operational Risk Manager information

See Ramsey, NJ salary details

$46.8K

$120.1K

$235.8K

How much do operational risk manager jobs pay per year?

As of Jul 16, 2026, the average yearly pay for operational risk manager in Ramsey, NJ is $120,104.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,100.00 and $158,200.00 per year, depending on experience, location, and employer.

What Does an Operational Risk Manager Do?

An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.

What are the 4 pillars of operational risk management?

The four pillars of operational risk management are risk identification, risk assessment, risk mitigation, and risk monitoring. An Operational Risk Manager uses these pillars to develop strategies that minimize potential losses from internal processes, people, systems, or external events, often utilizing tools like risk dashboards and frameworks such as Basel II. Mastery of these pillars is essential for effective risk oversight and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, ensure compliance with regulations, and often use risk management tools and data analysis to support decision-making.

Do risk managers make good money?

Operational Risk Managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, the median annual salary ranges from $80,000 to over $130,000, with additional compensation such as bonuses and certifications like FRM or ORM enhancing earning potential.

What are some common challenges faced by Operational Risk Managers in maintaining effective risk controls across different departments?

Operational Risk Managers often encounter challenges in ensuring consistent risk controls due to varying processes, priorities, and risk appetites across departments. Communication gaps and resistance to change can make it difficult to implement standardized procedures. Successfully overcoming these challenges involves building strong cross-functional relationships, conducting regular training, and fostering a risk-aware culture to ensure alignment on risk management practices throughout the organization.

What are the three C's of operational risk management?

The three C's of operational risk management are Culture, Controls, and Communication. These elements help organizations identify, assess, and mitigate risks effectively, which is essential for an Operational Risk Manager to ensure operational resilience and compliance. Developing strong controls and fostering a risk-aware culture are key skills in this role.

What are the key skills and qualifications needed to thrive as an Operational Risk Manager, and why are they important?

To thrive as an Operational Risk Manager, you need a solid understanding of risk assessment, regulatory compliance, and internal controls, typically supported by a degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (governance, risk, and compliance) systems, and certifications such as FRM or ORM are highly valued. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These competencies are crucial for identifying, mitigating, and communicating operational risks, ensuring organizational stability and regulatory adherence.

What is the difference between Operational Risk Manager vs Risk Analyst?

AspectOperational Risk ManagerRisk Analyst
CertificationsCFA, FRM, or similarCFA, FRM, or similar
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial firms, consulting, corporate risk teams
ResponsibilitiesIdentify, assess, and mitigate operational risks; develop risk frameworksAnalyze risk data, support risk assessments, prepare reports

The Operational Risk Manager focuses on managing and mitigating operational risks within organizations, often holding certifications like CFA or FRM. In contrast, Risk Analysts primarily analyze risk data and support risk management processes. Both roles are vital in financial sectors and share similar credentials, but the Operational Risk Manager has a broader responsibility for risk mitigation strategies.

More about Operational Risk Manager jobs
What are the most commonly searched types of Operational Risk jobs in Ramsey, NJ? The most popular types of Operational Risk jobs in Ramsey, NJ are:
What job categories do people searching Operational Risk Manager jobs in Ramsey, NJ look for? The top searched job categories for Operational Risk Manager jobs in Ramsey, NJ are:
What cities near Ramsey, NJ are hiring for Operational Risk Manager jobs? Cities near Ramsey, NJ with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Risk Manager

Risk Manager

Schonfeld

New York, NY

$175K - $275K/yr

Other

Re-posted 4 days ago

Job description

The Role

We are seeking an exceptionally skilled Risk Manager to serve as a key member of our DMFI Credit team based in New York City. We are looking for someone with 5-10 years of experience in risk management, specifically within convertible bonds. A successful candidate will help to oversee risk assessments, develop risk management strategies, and ensure effective risk monitoring and reporting.

What you'll do

Key responsibilities will include:

  • Risk Assessment: Conduct comprehensive risk assessments for convertible bonds to identify potential risks and develop mitigation strategies.
  • Risk Management: Develop and implement risk management frameworks and strategies to manage and mitigate risks associated with credit products.
  • Monitoring and Reporting: Monitor risk exposures and market conditions, providing regular reports and updates to senior management and stakeholders.
  • Collaboration: Work closely with cross-functional teams, including trading and portfolio management, to integrate risk management practices into business operations.
  • Data Analysis: Utilize quantitative and qualitative data analysis to support risk management decisions and strategy development.

What you'll bring
What you need:

  • Experience: 5-10 years of experience in risk management, with a focus on convertible bonds.
  • Technical Skills: Strong analytical skills and proficiency in risk management tools and software, with expertise in Python (preferred, not necessary).
  • Industry Knowledge: In-depth knowledge of the convertibles market.
  • Communication: Excellent communication and interpersonal skills, with the ability to present complex information clearly and concisely.
  • Education: Bachelor's degree in Finance, Economics, or a related field; advanced degree or professional certification (e.g., CFA, FRM) is a plus.

Who we are  
Schonfeld is a global multi-manager hedge fund that strives to deliver industry-leading risk-adjusted returns for our investors. We leverage both internal and external portfolio manager teams around the world, seeking to capitalize on inefficiencies and opportunities within the markets. We draw from decades of experience and a significant investment in proprietary technology, infrastructure and risk analytics to invest across four main strategies: Quant, Tactical, Fundamental Equity and Discretionary Macro & Fixed Income.

Our Culture
At Schonfeld, we'll invest in you. Attracting and retaining top talent is at the heart of what we do, because we believe that exceptional outcomes begin with exceptional people. We foster a culture where talent is empowered to continually learn, innovate and pursue ambitious goals. We are teamwork-oriented, collaborative and encourage ideas-at all levels-to be shared. As an organization committed to investing in our people, we provide learning and educational offerings and opportunities to make an impact. We encourage community through internal networks, external partnerships and service initiatives that promote inclusion and purpose beyond the firm's walls.

The base pay for this role is expected to be between $175,000 and $275,000. The expected base pay range is based on information at the time this post was generated. This role may also be eligible for other forms of compensation such as a performance bonus and a competitive benefits package. Actual compensation for the successful candidate will be determined based on a variety of factors such as skills, qualifications, and experience.

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