Budget management and financial planning * Headcount and workforce planning * Organization and ... global Operational Risk organization. * Ensure strong coordination across stakeholders in Risk ...
Budget management and financial planning * Headcount and workforce planning * Organization and ... global Operational Risk organization. * Ensure strong coordination across stakeholders in Risk ...
Budget management and financial planning * Headcount and workforce planning * Organization and ... global Operational Risk organization. * Ensure strong coordination across stakeholders in Risk ...
Budget management and financial planning * Headcount and workforce planning * Organization and ... global Operational Risk organization. * Ensure strong coordination across stakeholders in Risk ...
Partner effectively with specialized teams across the enterprise-including Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Information Technology, Basel ...
Partner effectively with specialized teams across the enterprise-including Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Information Technology, Basel ...
Lead execution of risk control self-assessments, risk event management, operational risk heatmap at ... divisional level, and promotion of a strong risk culture in close coordination with first line risk ...
Lead execution of risk control self-assessments, risk event management, operational risk heatmap at ... divisional level, and promotion of a strong risk culture in close coordination with first line risk ...
Manager, Enterprise Risk
New York, NY · On-site
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 ...
Manager, Enterprise Risk
New York, NY · On-site
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 ...
Manager, Enterprise Risk
New York, NY · On-site
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 ...
Manager, Enterprise Risk
New York, NY · On-site
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 ...
Senior Manager, Financial Markets Operational Risk, Commodities and Global Markets
New York, NY · On-site
$161K - $217K/yr
Additional office locations New York Job ID 22296 Date 16-Jun-2026 Permanent - Full time, Mid-level Job category Risk Management Share The Risk Management Group's Operational Risk team provides ...
Senior Manager, Financial Markets Operational Risk, Commodities and Global Markets
New York, NY · On-site
$161K - $217K/yr
Additional office locations New York Job ID 22296 Date 16-Jun-2026 Permanent - Full time, Mid-level Job category Risk Management Share The Risk Management Group's Operational Risk team provides ...
Company Description A Major International Bank in Midtown Manhattan is seeking Associate Operational Risk and Information Security Management. Fluency in Mandarin is required due to the nature of the ...
Company Description A Major International Bank in Midtown Manhattan is seeking Associate Operational Risk and Information Security Management. Fluency in Mandarin is required due to the nature of the ...
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 ...
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 ...
Monitor market, operational, and liquidity risk; partner with operations & execution trading teams ... manager covering commodities in an investment bank, hedge fund, or asset manager * Strong ...
Monitor market, operational, and liquidity risk; partner with operations & execution trading teams ... manager covering commodities in an investment bank, hedge fund, or asset manager * Strong ...
Manager-Financial Crimes
Manhattan, NY · On-site
$89K - $150K/yr
GMNS is looking for an experienced Manager- Financial Crimes focused on ensuring risk and control management is embedded in the day-to-day operations of our organization. This first-line role will ...
Manager-Financial Crimes
Manhattan, NY · On-site
$89K - $150K/yr
GMNS is looking for an experienced Manager- Financial Crimes focused on ensuring risk and control management is embedded in the day-to-day operations of our organization. This first-line role will ...
Risk Manager - Commodities
New York, NY · On-site
Monitor market, operational, and liquidity risk; partner with operations & execution trading teams ... manager covering commodities in an investment bank, hedge fund, or asset manager * Strong ...
Risk Manager - Commodities
New York, NY · On-site
Monitor market, operational, and liquidity risk; partner with operations & execution trading teams ... manager covering commodities in an investment bank, hedge fund, or asset manager * Strong ...
Vice President, Operational Risk Coverage
Manhattan, NY · On-site
$68K - $130K/yr
Familiarity with Operational Risk Management Framework and tools (RCSAs, KRIs, OREs, Issues, Scenario Analysis) * Ability to develop and establish collaborative working relationships with colleagues ...
Vice President, Operational Risk Coverage
Manhattan, NY · On-site
$68K - $130K/yr
Familiarity with Operational Risk Management Framework and tools (RCSAs, KRIs, OREs, Issues, Scenario Analysis) * Ability to develop and establish collaborative working relationships with colleagues ...
As an Operational Risk Coverage officer, this role will have daily interactions with the Platforms, COO, Control, Engineering, and Operations managers. Direct, face-to-face interactions are critical ...
As an Operational Risk Coverage officer, this role will have daily interactions with the Platforms, COO, Control, Engineering, and Operations managers. Direct, face-to-face interactions are critical ...
As an Operational Risk Coverage officer, this role will have daily interactions with the Platforms, COO, Control, Engineering, and Operations managers. Direct, face-to-face interactions are critical ...
As an Operational Risk Coverage officer, this role will have daily interactions with the Platforms, COO, Control, Engineering, and Operations managers. Direct, face-to-face interactions are critical ...
Working with Compliance & Group/Regional Risk Management, manage the 1LOD responsibilities relevant to the Operational Risk Framework. If you feel qualified and are interested send me a resume ...
Working with Compliance & Group/Regional Risk Management, manage the 1LOD responsibilities relevant to the Operational Risk Framework. If you feel qualified and are interested send me a resume ...
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 ...
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 ...
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 ...
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 ...
Senior Vice President, Business Operational Risk Management
New York, NY · On-site
$194K - $260K/yr
... in operational risk, internal or external audit, risk management or operations, ideally within ... asset manager, trusted by institutions, individuals and communities to responsibly manage $A720 ...
Senior Vice President, Business Operational Risk Management
New York, NY · On-site
$194K - $260K/yr
... in operational risk, internal or external audit, risk management or operations, ideally within ... asset manager, trusted by institutions, individuals and communities to responsibly manage $A720 ...
Risk Analyst - Operational Due Diligence At Brown Brothers Harriman, we believe no job is too big ... The population of managers includes internal and external products structured across multiple fund ...
Risk Analyst - Operational Due Diligence At Brown Brothers Harriman, we believe no job is too big ... The population of managers includes internal and external products structured across multiple fund ...
Operational Risk Manager information
See Ramsey, NJ salary details
$46.8K - $64K
5% of jobs
$74.3K is the 25th percentile. Wages below this are outliers.
$64K - $81.1K
33% of jobs
The median wage is $96.3K / yr.
$81.1K - $98.3K
14% of jobs
$98.3K - $115.5K
14% of jobs
$115.5K - $132.7K
5% of jobs
$144.9K is the 75th percentile. Wages above this are outliers.
$132.7K - $149.9K
6% of jobs
$149.9K - $167.1K
7% of jobs
$167.1K - $184.3K
5% of jobs
$184.3K - $201.4K
2% of jobs
$201.4K - $218.6K
8% of jobs
$218.6K - $235.8K
0% of jobs
$46.8K
$120.1K
$235.8K
How much do operational risk manager jobs pay per year?
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?
What does an operational risk manager do?
Do risk managers make good money?
What are some common challenges faced by Operational Risk Managers in maintaining effective risk controls across different departments?
What are the key skills and qualifications needed to thrive as an Operational Risk Manager, and why are they important?
What is the difference between Operational Risk Manager vs Risk Analyst?
| Aspect | Operational Risk Manager | Risk Analyst |
|---|---|---|
| Certifications | CFA, FRM, or similar | CFA, FRM, or similar |
| Work Environment | Financial institutions, banks, insurance companies | Financial firms, consulting, corporate risk teams |
| Responsibilities | Identify, assess, and mitigate operational risks; develop risk frameworks | Analyze 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.
What are the 5 steps of orm?
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 4 days ago
BNY Mellon rating
7.7
Based on 46 frontline employees who took The Breakroom Quiz
97th of 138 rated financial services
Job description
BNY is seeking a Director, Head of Governance and Strategy for the Operational Risk global team to serve as a member of the Operational Risk leadership team, reporting directly to the Chief Operational Risk Officer. This role will help drive the strategic and operating agenda for the second line of defense Operational Risk function. Responsibilities include operational risk governance, risk committee and board-related activities, regulatory engagement coordination, and global business management activities.
The successful candidate will lead the coordination of Operational Risk governance across senior management and risk committee forums, support external engagement activities with regulators and other stakeholders, help shape and execute strategic priorities for the function, and oversee important team administration activities including budgeting, headcount planning, and training.
This is leadership role requires strong judgment, executive communication skills, organizational leadership, and the ability to operate effectively across a complex, global environment.
Key Responsibilities
- Lead governance activities for Operational Risk, including planning, coordination, and execution of materials and deliverables for board and risk committee meetings.
- Coordinate and support regulatory engagement activities, including preparation for meetings and follow-up actions.
- Partner with the Chief Operational Risk Officer and senior leadership team to define and advance strategic priorities for the Operational Risk organization.
- Drive execution against the function's strategic agenda, including tracking key initiatives, milestones, dependencies, and decisions.
- Oversee global team administration for the Operational Risk function, including:
- Budget management and financial planning
- Headcount and workforce planning
- Organization and resource management
- Training and development coordination
- Support leadership routines, business reviews, and management reporting for the global Operational Risk organization.
- Ensure strong coordination across stakeholders in Risk, Compliance, Finance, HR, and other corporate functions to enable effective management of the Operational Risk organization.
- Establish and enhance operating rhythms, governance processes, and management disciplines to improve transparency, accountability, and execution.
- Prepare high-quality presentations, briefings, and executive materials for internal and external audiences.
- Identify opportunities to streamline processes and strengthen management information
Qualifications
- Bachelor's degree or equivalent experience required.
- 10-15 years of relevant experience in operational risk, risk management, business management, COO, chief of staff, or governance-related roles within financial services or a similarly regulated environment.
- Excellent written and verbal communication skills, including the ability to prepare materials for executive, board, and regulatory audiences.
- Strong understanding of risk governance, committee management, and regulatory interaction processes.
- Demonstrated ability to operate effectively in a global, matrixed organization and support senior executives.
- Experience with managing budgets, headcount planning, and business management processes.
- Strong project management and execution skills, with the ability to manage multiple priorities and deadlines and drive change.
- High degree of professionalism, discretion, and sound judgment.
- Strong stakeholder management and influencing skills across senior leadership levels.
About the Team
At BNY, our culture speaks for itself, check out the latest BNY news at BNY Newsroom & BNY LinkedIn
Here's a few of our recent awards:
- America's Most Innovative Companies, Fortune, 2025
- World's Most Admired Companies, Fortune 2025
- "Most Just Companies", Just Capital and CNBC, 2025
Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The expected base salary for this position when employment commences can be found in the Job Info section at the bottom of the posting.
Base salary offered may vary depending on multiple individualized factors, including market location, job-related knowledge, skills, and experience. Base salary is only part of the total rewards package, which may include eligibility for an annual discretionary incentive award. Subject to the terms and conditions of the applicable plans then in effect, eligible employees may enroll in a 401(k) plan as well as participate in Company-sponsored medical, dental, vision, and basic life insurance plans for the employee and the employee's eligible dependents. Eligible employees also may receive other benefits (including various paid time off benefits, such as vacation and sick time), dependent on the position offered. Details of participation in these benefit plans will be provided if an employee receives an offer of employment.
If hired, the employee will be in an "at will" position and the Company reserves the right to modify base salary (as well as any other discretionary payments or compensation programs) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors.
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About BNY Mellon
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BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Dec. 31, 2021, BNY Mellon had $46.7 trillion in assets under custody and/or administration, and $2.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com . Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.
Industry
Finance and insurance
Company size
10,000+ Employees
Headquarters location
New York, NY, US
Year founded
1784