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Operational Risk Manager Jobs in Santa Monica, CA

... segmentation, operations strategy, demographic analysis, collections performance and modeling ... Manage a team of risk and reporting analysts to provide analytical and reporting support to all ...

Team Leadership & Operational Execution Unit Management: Supervise, train, and mentor a team of specialized Senior EDD Analysts and Investigators. Conduct reviews and sign-offs on high-risk customer ...

Analyze operational risk data, including loss distributions, RCSA drivers, loss events, control ... Design and manage underlying data and database structures to ensure all risk information is ...

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Operational Risk Manager information

See Santa Monica, CA salary details

$52.8K

$135.5K

$266K

How much do operational risk manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for operational risk manager in Santa Monica, CA is $135,493.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,500.00 and $178,500.00 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 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 most commonly searched types of Operational Risk jobs in Santa Monica, CA? The most popular types of Operational Risk jobs in Santa Monica, CA are:
What job categories do people searching Operational Risk Manager jobs in Santa Monica, CA look for? The top searched job categories for Operational Risk Manager jobs in Santa Monica, CA are:
What cities near Santa Monica, CA are hiring for Operational Risk Manager jobs? Cities near Santa Monica, CA with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Santa Monica, CA as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $135,493 per year, or $65.1 per hour.

Risk and Operations Fraud Supervisor

East West Bank

El Monte, CA • On-site

$75K/yr

Full-time

Re-posted 16 days ago


East West Bank rating

7.2

Company rating: 7.2 out of 10

Based on 9 frontline employees who took The Breakroom Quiz

118th of 170 rated banks


Job description

Introduction
Since 1973, East West Bank has served as a pathway to success. With over 110 locations across the U.S. and Asia, we are the premier financial bridge between the East and West. Our teams of experienced, multi-cultural professionals help guide businesses and community members on both sides of the Pacific looking to explore new markets and create new opportunities, and our sustained growth and expertise in industries like real estate, entertainment and media, private equity and venture capital, and high-tech help build sustainable businesses and expand our associates' potential for career advancement.
Headquartered in California, East West Bank (Nasdaq: EWBC) is a top-performing commercial bank with a strong foundation, an enterprising spirit and a commitment to absolute integrity. East West Bank gives people the confidence to reach further.
Overview
We are looking for Risk and Operations Fraud Supervisor to join our global payment operations group. The position is responsible for building and managing teams of fraud analysts and supporting the review of potential fraud across various channels ( including but not limited to electronic payments, online banking, deposit/check fraud, and identity theft/account takeover).
The position requires strong knowledge of banking products, legal compliance, data privacy, and process improvements, along with the ability to collaborate with internal and external stakeholders.
Responsibilities
  • Responsible for the supervision of fraud analysts.
  • Prioritizes daily/periodic review of systems and reports that monitor suspicious activity as needed.
  • Coordinate and facilitate the workflow, assisting with daily work as necessary to ensure deadlines and service level agreements are met.
  • Address escalated issues and resolve a wide variety of concerns and complaints from customers, business partners, regulatory and consumer protection agencies.
  • Conducts analysis and research of account activity to assess levels of risk and detect fraudulent activity and other criminal violations.
  • Utilizes bank systems, resources, policies, and procedures to diligently evaluate accounts and situations that may require unique treatment and a specialized approach.
  • Assist with validation testing for various departmental risk processes and technological upgrades.
  • Uses independent judgement to provide guidance to Fraud Analysts, and business partners to ensure appropriate actions are taken to mitigate losses and loss exposure.
  • Conducts unconfirmed and confirmed analysis of accounts, transactions and/or relationships while maintaining strict confidentiality of case details.
  • Supports business partners with fraud, legal and/or risk related scenarios.
  • Aids in the identification, risk assessment, and remediation efforts of departmental inefficiencies, process gaps, or deviations from standard operating procedures and works with the Risk & Operations management team.
  • Will facilitate training and participate in projects.
  • May perform other duties as assigned.

Qualifications
  • Associate's degree or three years of banking, retail fraud detection, or investigative experience is preferred
  • Minimum of two years of supervisory or management experience in fraud, risk, or financial investigations
  • Knowledge of demand deposit and other bank products is preferred
  • Must also be able to demonstrate proficiency with the following skills:
    • Demonstrated aptitude and desire to coach, manage, and lead others
    • Ability to research and analyze compliance issues
    • Strong decision-making skills
    • Strong written and verbal communications
    • Works effectively with internal and external customers
    • Proficiency in managing multiple projects and tasks
    • Ability to work with cross functional teams
  • Highly self-motivated
  • Ability to excel in a fast-paced work environment
  • Identify inaccuracies, inefficiencies, or deviations and work with the Risk & Operations management team to remediate
  • Must have flexibility and willingness to work extended hours, including occasional weekends, as needed to meet the needs of the department are required.

Applicants must have legal authorization to work in the United States. We do not offer visa sponsorship at this time.
Compensation
The base pay range for this position is USD $75,000.00/Yr. - USD $90,000.00/Yr. Exact offers will be determined based on job-related knowledge, skills, experience, and location.

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