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

Panorama Global

Enterprise Risk Manager

Seattle, WA · On-site +1

$90K - $102K/yr

Operations and Policy Management * Oversee organizational policies in data protection ... Certified Risk Manager (CRM), Certified Internal Auditor (CIA), or related professional ...

Expedia

Operational Readiness Manager

Seattle, WA · On-site

Your project leadership will ensure compliance continuity, commercial risk mitigation, highquality ... tax operations, finance transformation, compliance program management, or a related field

YMCA Of Greater Seattle

Risk Manager

Seattle, WA

$80K - $85K/yr

It drives health & safety for branch operations, Social Impact Centres, Camps, for members ... Manages special projects for risk management, including research, implementing change, audits ...

YMCA Of Greater Seattle

Risk Manager

Seattle, WA · On-site

$80K - $85K/yr

It drives health & safety for branch operations, Social Impact Centres, Camps, for members ... Manages special projects for risk management, including research, implementing change, audits ...

McKinstry

Senior Enterprise Risk Manager

Seattle, WA · On-site

Sitting at the intersection of strategy, operations, and executive leadership, this role ensures ... management, operational risk, insurance strategy, legal risk, or related leadership roles.

McKinstry

Senior Enterprise Risk Manager

Seattle, WA · On-site +1

Sitting at the intersection of strategy, operations, and executive leadership, this role ensures ... management, operational risk, insurance strategy, legal risk, or related leadership roles.

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All JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Seattle, WA

Operational Risk Manager information

See Seattle, WA salary details

$53.5K

$137.4K

$269.7K

How much do operational risk manager jobs pay per year?

As of Jun 20, 2026, the average yearly pay for operational risk manager in Seattle, WA is $137,366.00, according to ZipRecruiter salary data. Most workers in this role earn between $83,600.00 and $180,900.00 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 are the most commonly searched types of Operational Risk jobs in Seattle, WA? The most popular types of Operational Risk jobs in Seattle, WA are:
What are popular job titles related to Operational Risk Manager jobs in Seattle, WA? For Operational Risk Manager jobs in Seattle, WA, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Seattle, WA look for? The top searched job categories for Operational Risk Manager jobs in Seattle, WA are:
What cities near Seattle, WA are hiring for Operational Risk Manager jobs? Cities near Seattle, WA with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Seattle, WA as of June 2026, with employment types broken down into 85% Full Time, 13% Part Time, and 2% Contract. Highlights an 90% Physical, 4% Hybrid, and 6% Remote job distribution, with an average salary of $137,366 per year, or $66 per hour.
Associate Manager, Operational Risk

Associate Manager, Operational Risk

Russell Investments

Seattle, WA • On-site

$90K - $115K/yr

Full-time

Medical, Retirement, PTO

Posted 22 days ago

Job description

Salary Range:
$90,000 USD - $115,000 USD
Specific compensation will be based on candidate's experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.
Job Description:
Every day, we seek to improve financial security for people.
As part of our continued efforts to enhance risk management practices, we are seeking a dynamic and detail-oriented Associate Manager, Operational Risk with robust project management capabilities to join our Operational Risk Management team.
As a member of the Operational Risk team, you'll be part of a collaborative and purpose-driven group that values integrity, innovation, and impact. This role blends core risk management responsibilities with hands-on project leadership, offering a unique opportunity to shape and strengthen our operational resilience.
Responsibilities
  • Conduct and facilitate operational risk activities, including risk assessments, control documentation and testing, event analysis, and remediation tracking.

  • Lead and coordinate cross-functional projects, ensuring timely delivery of risk initiatives through effective planning, execution, and stakeholder engagement.

  • Develop and maintain project plans, including scope definition, milestone tracking, and status reporting.

  • Produce timely and accurate operational risk reports for internal and external stakeholders on both scheduled and ad hoc bases.

  • Facilitate the SOC1 audit engagement and oversight as well as the quarterly bridge letter process.

  • Support the Russell Investments corporate insurance program.

  • Monitor changes to RI's business and risk profile and recommend changes to RI's global insurance program as appropriate.

  • Develop and implement risk management program policies and procedures.

Demonstrable skills and experiences required:
  • Bachelor's degree in Business Management, Finance, Accounting, or a related discipline.

  • 5-8 years of experience with exposure to operational risk and/or internal/external audit.

  • Financial services or asset management experience preferred but not necessary.

Skills & Competencies
  • Proven ability to execute and deliver high-quality results in a fast-paced environment with competing priorities and deadlines.

  • Demonstrated success managing complex, cross-functional projects end to end (initiation through delivery), ideally within a risk, audit, or compliance environment.

  • Proven effective communication skills, negotiation techniques, and the ability to influence stakeholders at all levels of the organization.

  • History of demonstrating initiative, effective prioritization, and sound judgement.

  • Highly organized with the ability to manage multiple priorities while maintaining attention to detail and strategic context

  • Excellent written and verbal communication and interpersonal skills, with the ability to influence, build consensus, and collaborate effectively across all levels of the organization.

  • Analytical mindset with strong problem-solving skills, sound judgment, and the ability to translate data and insights into clear, actionable recommendations.

  • Proactive, self-driven approach to prioritization, multitasking, and continuous improvement

  • Strong collaboration skills with the ability to work both independently and as part of a team

  • Familiarity with GRC platforms such as MetricStream is a plus.

This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.
Equal Employment Opportunity
Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation, past or present unemployment status , or any other characteristic protected by law.

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