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

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 ...

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 ...

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 ...

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 ...

Familiarity with Operational Risk Management Framework and tools (RCSAs, KRIs, OREs, Issues, Scenario Analysis) * Ability to develop and establish collaborative working relationships with colleagues ...

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 ...

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 Jun 22, 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 helps ensure organizational resilience and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and mitigates risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop risk management frameworks, monitor key risk indicators, and ensure compliance with regulations to protect the organization’s assets and reputation.

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 benefits. Certifications like FRM or ORM can enhance earning potential in this field.

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 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.

What are the 5 steps of orm?

In operational risk management (ORM), the five key steps are: identifying risks, assessing their likelihood and impact, implementing controls to mitigate risks, monitoring the effectiveness of these controls, and reviewing and improving the risk management process regularly. These steps help operational risk managers proactively manage potential threats to an organization’s operations.
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:
Director, Head of Governance and Strategy for Operational Risk

Director, Head of Governance and Strategy for Operational Risk

BNY Mellon

Manhattan, NY • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago


BNY Mellon rating

7.7

Company rating: 7.7 out of 10

Based on 46 frontline employees who took The Breakroom Quiz

97th of 138 rated financial services


Job description

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

Sourced by ZipRecruiter

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