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Operational Risk Manager Jobs in Renton, WA (NOW HIRING)

HDR

Senior Value Engineering Risk Lead

Bellevue, WA · On-site

This position will assist the Value Engineering/Risk Director in the development of strategic ... managers, technical directors, business group directors and operations staff. * Be willing to ...

Microsoft

Senior TPM Manager

Redmond, WA · On-site

Operational systems - Run the platforms that audit, risk, and compliance teams use to deliver ... Manage the metrics and KPI framework for audit coverage, issue aging, control effectiveness ...

Saltchuk

Risk Management Specialist

Seattle, WA · On-site

$85K - $100K/yr

Summary The Risk Management Specialist supports the administration of a complex corporate insurance ... Computer operation skills: advanced Microsoft Excel and Microsoft Word skills, knowledge of Windows ...

Saltchuk

Risk Management Specialist

Seattle, WA · On-site +1

$85K - $100K/yr

Position Summary The Risk Management Specialist coordinates policy renewals, premium invoicing and ... Computer operation skills: advanced Microsoft Excel and Microsoft Word skills, knowledge of Windows ...

Coinstar, LLC

Director Fraud Risk Management

Bellevue, WA · On-site +1

$238K/yr

Create executive dashboards, operational metrics, and regulatory reports on fraud, scam and risk activity, and loss prevention. * Drive end-to-end processes for alert review, case management, and SAR ...

Coinstar

Director Fraud Risk Management

Bellevue, WA · On-site +1

$238K/yr

Create executive dashboards, operational metrics, and regulatory reports on fraud, scam and risk activity, and loss prevention. * Drive end-to-end processes for alert review, case management, and SAR ...

Coinstar

Director Fraud Risk Management

Bellevue, WA · On-site +1

$238K/yr

Create executive dashboards, operational metrics, and regulatory reports on fraud, scam and risk activity, and loss prevention. * Drive end-to-end processes for alert review, case management, and SAR ...

Pierce County, WA

Liability Claims Supervisor

Tacoma, WA · On-site +1

$97K - $125K/yr

... risk management. Employees have the opportunity to work on strategic, enterprise-level initiatives, collaborate across departments, provide the operational and technical backbone which ensures the ...

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Operational Risk Manager information

See Renton, WA salary details

$52.9K

$135.8K

$266.6K

How much do operational risk manager jobs pay per year?

As of Jun 27, 2026, the average yearly pay for operational risk manager in Renton, WA is $135,773.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,700.00 and $178,800.00 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.
More about Operational Risk Manager jobs
What job categories do people searching Operational Risk Manager jobs in Renton, WA look for? The top searched job categories for Operational Risk Manager jobs in Renton, WA are:
What cities near Renton, WA are hiring for Operational Risk Manager jobs? Cities near Renton, WA with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Renton, WA as of June 2026, with employment types broken down into 1% As Needed, 68% Full Time, 28% Part Time, 1% Temporary, and 2% Contract. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $135,773 per year, or $65.3 per hour.
Senior Value Engineering Risk Lead

Senior Value Engineering Risk Lead

HDR

Bellevue, WA • On-site

Other

Posted 21 days ago

HDR rating

9.1

Company rating: 9.1 out of 10

Based on 55 frontline employees who took The Breakroom Quiz

20th of 356 rated engineering

Job description

At HDR, our employee-owners are fully engaged in creating a welcoming environment where each of us is valued and respected, a place where everyone is empowered to bring their authentic selves and novel ideas to work every day. As we work to weave diversity, equity, and inclusion into our work and foster a sense of belonging throughout the company and within our communities, we constantly ask ourselves: What is our impact on the world?
Watch Our Story:' https://www.hdrinc.com/our-story'
Each and every role throughout our organization makes a difference in our ability to change the world for the better. Read further to learn how you could help make great things possible not only in your community, but around the world.

HDR is looking for a Value Engineer & Project Risk Management Lead. This position will assist the Value Engineering/Risk Director in the development of strategic visions and tactical plans, contemplate and participate in the hiring process, manage workshare and project assignments and provide direct project support in leading select VE workshops, cost and schedule risk management workshops or other related assignments nationwide. This role will work with other Business Groups, Market Sectors and Business Classes in supporting their client's project needs. The ability to work in a highly collaborative environment is a must. This position will participate in business development activities by supporting or developing project proposals, staffing assignments, identification of sub-consultants and other duties as necessary. Involvement in all phases of project development is expected. This position requires travel to support select project pursuits and delivery nationally.

Location and Travel: The geographic location of this position is non-specific; however, a location with significant HDR presence is preferred, with a connection to an HDR office. The average travel requirement is estimated at 50% with monthly variations between 25% and 75%.

Preferred Qualifications

  • Professional Engineering registration(PE)
  • Certified Value Specialist (CVS) with a minimum of 5 years participating (VE Team Member, VE Assistant or VE Facilitator) on VE workshops for major infrastructure projects.
  • Maintained client relationships with public agencies or other private entities and have a track record of success in this arena.
  • Minimum of five (5) years in leading cost and schedule risk analysis (CSRA) workshops and/or value engineering services for major infrastructure projects.
  • Experienced in development and management of strategic marketing programs. Experienced in development and management of a wide range of client relationships and specific program and/or project pursuits.
  • Experience with industry associations and maintains a visible profile in the transportation and other key markets.
  • Demonstrated ability to work cooperatively with client managers, technical directors, business group directors and operations staff.
  • Be willing to travel domestically up to 75% of their time.
Required Qualifications
  • Certified Value Specialist (CVS) and six-plus years in leading VE workshops for major infrastructure projects or PE license, and six-plus years in leading CSRA workshops for major infrastructure projects
  • Maintain client relationships with public agencies or other private entities, with a track record of success in this arena
  • Experience in development and management of strategic marketing programs
  • Experience in development and management of a wide range of client relationships and specific program and/or project pursuits
  • Experience with industry associations to maintain a visible profile in transportation and other key markets
  • Demonstrated ability to work cooperatively with client managers, technical directors, business group directors and operations staff
  • Demonstrated commitment to HDR values and an attitude and commitment to being an active participant of our employee-owned culture
  • Excellent working knowledge of Microsoft Word, Excel and PowerPoint
  • Must possess a driver's license and U.S. passport, or the ability to acquire one

What We Believe
HDR is our company. Together, we build on each other's life experiences and perspectives to make great things possible every day. This shapes our collaborative culture, encourages organizational trust and connects us closer to the clients and communities we serve.
Our Commitment
As employee owners, we all have a role in creating an inclusive environment where each of us is welcomed, valued, respected and empowered to bring our authentic selves to work every day.
Our eight Employee Network Groups (Asian Pacific, Black, Hispanic/Latino(a), LGBTQ+, People with Disabilities, Veterans, Women, Young Professionals) help create a sense of belonging and foster a supportive environment where everyone is empowered to engage and contribute. Each group has an executive sponsor and is open to all employees.

What HDR employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

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About HDR

Sourced by ZipRecruiter

At HDR, we specialize in engineering, architecture, environmental and construction services. While we are most well-known for adding beauty and structure to communities through high-performance buildings and smart infrastructure, we provide much more than that. We create an unshakable foundation for progress because our multidisciplinary teams also include scientists, economists, builders, analysts and artists.

Industry

Specialized design services

Company size

5,001 - 10,000 Employees

Headquarters location

Omaha, NE, US

Year founded

1917

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