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Operational Risk Manager Jobs in South Portland, ME

Maine Credit Union League

Risk Manager

Freeport, ME · On-site

$80 - $100/hr

This role ensures regulatory requirements are met, operational processes are consistent, and risk ... BSA/CFT, Fraud, & Vendor Management Coordination - Oversee daily monitoring, investigations, and ...

eNett

Risk Operations Program Manager

Portland, ME · On-site

Functional understanding of compliance and operational risk management to ensure Domain Leaders are ... engaged for the validation of SOX, SOC, and regulatory control integrity. * Strong analytical ...

WEX

Risk Operations Program Manager

Portland, ME · On-site

Functional understanding of compliance and operational risk management to ensure Domain Leaders are ... engaged for the validation of SOX, SOC, and regulatory control integrity. * Strong analytical ...

WEX, Inc.

Risk Operations Program Manager

Portland, ME · On-site

Functional understanding of compliance and operational risk management to ensure Domain Leaders are ... engaged for the validation of SOX, SOC, and regulatory control integrity. * Strong analytical ...

Bowdoin College

Procurement & Risk Manager

Brunswick, ME · On-site

$124K - $140K/yr

... operations. The position coordinates with internal stakeholders and external partners-including ... Coordinate and conduct campus-wide risk management training sessions, guidelines, and procedures ...

Camdennational

Cybersecurity Risk Lead

Auburn, ME

$119K - $161K/yr

Experience with development, implementation, operation, and testing of information technology ... Risk management experience * Experience with Zero Trust, SASE/SSE, ZTNA, or cloud security ...

Camdennational

Cybersecurity Risk Lead

Portland, ME · On-site

$113K - $153K/yr

Experience with development, implementation, operation, and testing of information technology ... Risk management experience * Experience with Zero Trust, SASE/SSE, ZTNA, or cloud security ...

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Operational Risk Manager information

See South Portland, ME salary details

$48.8K

$125.2K

$245.8K

How much do operational risk manager jobs pay per year?

As of Sep 8, 2026, the average yearly pay for operational risk manager in South Portland, ME is $125,207.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,200.00 and $164,900.00 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 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 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 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.

More about Operational Risk Manager jobs

What cities near South Portland, ME are hiring for Operational Risk Manager jobs?

Cities near South Portland, ME with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in South Portland, ME as of August 2026, with employment types broken down into 85% Full Time, 13% Part Time, 1% Temporary, and 1% Contract. Highlights an 80% Physical, 2% Hybrid, and 18% Remote job distribution, with an average salary of $124,030 per year, or $59.6 per hour.

Risk Manager

Maine Credit Union League

Freeport, ME • On-site

$80 - $100/hr

Other

Medical, Dental, Life, Retirement, PTO

Posted 7 days ago

Job description

Midcoast FCU is hiring a Risk Manager in Freeport.

As Midcoast FCU continues to strengthen its enterprise risk and compliance functions, we are building roles that ensure strong controls, regulatory alignment, and organizational consistency. This position plays a key role in supporting our mission of cultivating a thriving community, together.

Midcoast FCU is seeking a detail-oriented, collaborative, and operationally focused Risk Manager to support the execution of our enterprise risk, compliance, and fraud programs. This role partners closely with the Vice President of Risk Management and leaders across the organization to translate strategy into consistent, compliant operational practices.

What You'll Do:

The Risk Manager is responsible for the day-to-day management and execution of enterprise risk, compliance, BSA/AML, fraud, and vendor management functions. This role ensures regulatory requirements are met, operational processes are consistent, and risk-related activities are effectively coordinated across the credit union.

Key Areas of Responsibility:
  • Enterprise Risk & Compliance Program Execution - Manage the execution of Enterprise Risk Management and Compliance programs, including risk assessments, monitoring activities, issue tracking, and reporting. Review and analyze outputs from Risk Specialists and elevate emerging risks, trends, and concerns.
  • BSA/CFT, Fraud, & Vendor Management Coordination - Oversee daily monitoring, investigations, and case management activities related to BSA/CFT, fraud, and vendor management. Ensure work is completed accurately, timely, and in alignment with regulatory standards, while serving as a key escalation point for complex matters.
  • Audit & Examination Support - Coordinate internal, external, and regulatory audit and exam activities. Track findings, support remediation efforts, and ensure documentation and responses are complete, accurate, and audit-ready.
  • Team Leadership & Development - Supervise and develop Risk Specialists by assigning work, monitoring workload, and providing coaching, feedback, and performance management. Support ongoing training and ensure team knowledge remains current with regulatory and procedural changes.
  • Training & Cross-Functional Support - Support employee training efforts related to compliance, fraud, and risk management. Serve as a resource for departments and assist with maintaining procedures, workflows, and documentation to promote consistency and efficiency.
What Success Looks Like:

Success is reflected in accurate and timely execution of risk and compliance activities, well-prepared audit and examination outcomes, strong team performance, and effective collaboration across departments to manage risk and maintain compliance.

What You Bring:
  • 3-5 years of relevant experience in risk, compliance, fraud, or related functions.
  • Two-year college degree or equivalent combination of education, certifications, and experience.
  • Strong organizational, analytical, and problem-solving skills with the ability to manage multiple priorities.
  • Ability to communicate effectively, work cross-functionally, and handle sensitive information with discretion.

This is a hybrid position requiring some in-office presence and the ability to report to a designated branch location as needed.

Compensation commensurate with experience. Midcoast FCU offers a comprehensive benefits package including:

  • medical
  • dental
  • short/long term disability
  • life insurance
  • 401(k) with employer match program
  • paid time off
  • paid birthday off
  • additional wellness-based incentives

Midcoast FCU is an Equal Opportunity Employer.

Midcoast FCU is an equal opportunity employer. We value diversity and inclusion and consider all qualified applicants without regard to any legally protected status.

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