... operational efficiency. * Develop and execute long-term P2P strategies that enhance quality, scalability, speed, risk management, controls, and total cost of ownership while leveraging data ...
... operational efficiency. * Develop and execute long-term P2P strategies that enhance quality, scalability, speed, risk management, controls, and total cost of ownership while leveraging data ...
... operational efficiency. * Develop and execute long-term P2P strategies that enhance quality, scalability, speed, risk management, controls, and total cost of ownership while leveraging data ...
... operational efficiency. * Develop and execute long-term P2P strategies that enhance quality, scalability, speed, risk management, controls, and total cost of ownership while leveraging data ...
Digital Assets Product Manager - Institutional Services
Bridgeport, CT · On-site
$89K - $149K/yr
Overview The Digital Assets Product Manager is responsible for the design, development, execution ... Operations, Risk, Legal, and external ecosystem partners to deliver secure, scalable, and ...
Digital Assets Product Manager - Institutional Services
Bridgeport, CT · On-site
$89K - $149K/yr
Overview The Digital Assets Product Manager is responsible for the design, development, execution ... Operations, Risk, Legal, and external ecosystem partners to deliver secure, scalable, and ...
Credit Risk Modeler, Assistant Vice President
$90K - $157K/yr
This role is part of the Centralized Modeling, Analytics and Operations Group within Enterprise Risk Management's Financial Risk Organization. Why this role is important to us The team you will be ...
Credit Risk Modeler, Assistant Vice President
$90K - $157K/yr
This role is part of the Centralized Modeling, Analytics and Operations Group within Enterprise Risk Management's Financial Risk Organization. Why this role is important to us The team you will be ...
FT Onsite in CT 130-155K Risk management, RMF, risk assessments, vulnerability assessments and ... Small team We are seeking an Information Security Operations Specialist to lead and strengthen its ...
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Cybersecurity Risk and Compliance Manager
New Haven, CT · On-site
$120 - $160/hr
... operation of an ISMS, providing relevant KPIs and KRIs. * Establish divisional cyber risk ... Build divisional risk management culture and methodologies * Maintain divisional cyber risk ...
New
Cybersecurity Risk and Compliance Manager
New Haven, CT · On-site
$120 - $160/hr
... operation of an ISMS, providing relevant KPIs and KRIs. * Establish divisional cyber risk ... Build divisional risk management culture and methodologies * Maintain divisional cyber risk ...
New
Associate Director - Transformation
Greenwich, CT · On-site
$175K - $225K/yr
... operational risk standards, and firmwide governance expectations Qualifications & Experience * 6-8+ years of experience in corporate strategy, management consulting, digital transformation, or ...
Associate Director - Transformation
Greenwich, CT · On-site
$175K - $225K/yr
... operational risk standards, and firmwide governance expectations Qualifications & Experience * 6-8+ years of experience in corporate strategy, management consulting, digital transformation, or ...
... management, research, treasury, and middle/back-office functions. * Advise senior leadership and principals on cybersecurity, operational risk, monitoring and systemic risk exposures relevant to ...
... management, research, treasury, and middle/back-office functions. * Advise senior leadership and principals on cybersecurity, operational risk, monitoring and systemic risk exposures relevant to ...
... management, research, treasury, and middle/back-office functions. * Advise senior leadership and principals on cybersecurity, operational risk, monitoring and systemic risk exposures relevant to ...
... management, research, treasury, and middle/back-office functions. * Advise senior leadership and principals on cybersecurity, operational risk, monitoring and systemic risk exposures relevant to ...
Credit Risk Model Development Quantitative Analyst II - Consumer Portfolio (Hybrid - see job desc...
Bridgeport, CT · On-site
Supports more experienced analysts and management in data analysis, model development efforts and ... Adhere to applicable compliance/operational/model risk controls and other second line of defense ...
Credit Risk Model Development Quantitative Analyst II - Consumer Portfolio (Hybrid - see job desc...
Bridgeport, CT · On-site
Supports more experienced analysts and management in data analysis, model development efforts and ... Adhere to applicable compliance/operational/model risk controls and other second line of defense ...
This role requires a strong understanding of technology risk management and internal controls. You ... Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory ...
This role requires a strong understanding of technology risk management and internal controls. You ... Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Associate General Counsel - Investment and Trading (USA)
Stamford, CT · On-site
$150 - $200/hr
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Associate General Counsel - Investment and Trading (USA)
Stamford, CT · On-site
$150 - $200/hr
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Associate General Counsel - Investment and Trading (USA)
Stamford, CT · On-site
$150 - $200/hr
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Associate General Counsel - Investment and Trading (USA)
Stamford, CT · On-site
$150 - $200/hr
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Quick apply
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Serve as the day-to-day point of contact and responsible manager for legal and compliance matters, business and operational risk, and policy development, partnering with the CCO and other members of ...
Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Manages all activities of a branch. Responsible for the overall success of the branch operating ... Adheres to applicable compliance/operational risk controls in accordance with Company or regulatory ...
Operational Risk Manager information
See Stratford, CT salary details
$48.7K - $66.6K
5% of jobs
$77.4K is the 25th percentile. Wages below this are outliers.
$66.6K - $84.4K
33% of jobs
The median wage is $100.3K / yr.
$84.4K - $102.3K
14% of jobs
$102.3K - $120.2K
14% of jobs
$120.2K - $138.1K
5% of jobs
$150.8K is the 75th percentile. Wages above this are outliers.
$138.1K - $156K
6% of jobs
$156K - $173.9K
7% of jobs
$173.9K - $191.7K
5% of jobs
$191.7K - $209.6K
2% of jobs
$209.6K - $227.5K
8% of jobs
$227.5K - $245.4K
0% of jobs
$48.7K
$125K
$245.4K
How much do operational risk manager jobs pay per year?
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?
What are the key skills and qualifications needed to thrive as an operational risk manager, and why are they important?
What is the difference between Operational Risk Manager vs Risk Analyst?
| Aspect | Operational Risk Manager | Risk Analyst |
|---|---|---|
| Certifications | CFA, FRM, or similar | CFA, FRM, or similar |
| Work Environment | Financial institutions, banks, insurance companies | Financial firms, consulting, corporate risk teams |
| Responsibilities | Identify, assess, and mitigate operational risks; develop risk frameworks | Analyze 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.

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 4 days ago
Medtronic rating
7.9
Based on 175 frontline employees who took The Breakroom Quiz
160th of 537 rated manufacturers
Job description
Careers that change lives start here. Medtronic is a global leader in healthcare technology with a Mission to alleviate pain, restore health, and extend life. Our 95,000 employees work across more than 150 countries to put patients first - developing innovative medical technologies that improve the lives of 72+ million patients each year. Your unique talents will help shape the future of healthcare while building a career grounded in purpose, growth, and impact.
A Day in the LifeThe Senior Manager, Procure-to-Pay (P2P) serves as a strategic and technical leader across the end-to-end Procure-to-Pay value stream. This role combines deep practitioner expertise, digital and systems acumen, and transformational leadership to drive operational excellence, strengthen controls and compliance, and deliver scalable business value. You will bring your extensive P2P experience, strong business partnership skills, and a proven ability to lead complex process and technology transformation initiatives in a highly matrixed global organization.In this highly visible leadership role, you will influence strategy, optimize global processes, improve stakeholder experiences, and advance Medtronic's digital transformation agenda across purchasing, invoicing, payments, governance, and compliance.
At Medtronic, we bring bold ideas forward with speed and decisiveness to put patients first in everything we do. In-person exchanges are invaluable to our work. We're working a minimum of 4 days a week onsite as part of our commitment to fostering a culture of professional growth and cross-functional collaboration as we work together to engineer the extraordinary.
As the Sr. Manager, Procure-to-Pay, you will:
Drive P2P value stream process optimization, standardization, automation, and digital transformation to improve business performance, stakeholder experience, compliance, and operational efficiency.
Develop and execute long-term P2P strategies that enhance quality, scalability, speed, risk management, controls, and total cost of ownership while leveraging data, analytics, and technology to deliver measurable business value.
Partner across Supply Management, Finance, IT & Vendor Master, Shared Services, and Business Operations to streamline processes, strengthen governance, ensure compliance, and drive continuous improvement across the enterprise.
Establish and monitor key performance metrics, translating insights into actionable improvements that increase productivity, effectiveness, and customer satisfaction.
Provide insights and expertise to cross-functional teams, leading performance improvement initiatives that mitigate risk, reduce costs, and maximize value realization.
Lead, coach, and develop a high-performing team of managers and professionals, fostering a culture of accountability, inclusion, collaboration, innovation, and continuous improvement while aligning talent and performance objectives to business priorities.
Must-Have: Minimum Requirements
Bachelor's degree and 7 years of relevant experience, including 5 years of people leadership experience, or an advanced degree and 5 years of relevant experience, including 5 years of people leadership experience.
7+ years of hands-on Procure-to-Pay (P2P) experience with demonstrated expertise across the end-to-end process lifecycle.
Experience leading large-scale process improvement, transformation, or business process management initiatives.
Nice to Have
Deep expertise across the end-to-end Procure-to-Pay lifecycle, including sourcing, procurement, purchasing, invoicing, accounts payable, payment processing, supplier management, and governance.
Strong knowledge of P2P technologies, ERP platforms, workflow automation, and digital transformation, with experience leading procurement, finance, or enterprise system implementations.
Demonstrated success driving process standardization, operational excellence, compliance, controls, and continuous improvement initiatives that deliver measurable business value.
Strong business and financial acumen with the ability to translate operational opportunities into strategic outcomes and influence decision-making across complex, matrixed organizations.
Proven leadership capabilities, including stakeholder management, executive communication, change leadership, talent development, and building high-performing teams.
Experience within global manufacturing, healthcare, medical device, or other highly regulated industries preferred.
Lean Six Sigma, Continuous Improvement, Operational Excellence, or related certification.
For Baccalaureate degrees earned outside of the United States, a degree that satisfies the requirements of 8 C.F.R. 214.2(h)(4)(iii)(A) is required.
Physical Job Requirements
The above statements are intended to describe the general nature and level of work being performed by employees assigned to this position, but they are not an exhaustive list of all the required responsibilities and skills of this position.
The physical demands described within the Responsibilities section of this job description are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. For Office Roles: While performing the duties of this job, the employee is regularly required to be independently mobile. The employee is also required to interact with a computer, and communicate with peers and co-workers. Contact your manager or local HR to understand the Work Conditions and Physical requirements that may be specific to each role.
U.S. Work Authorization & Sponsorship
At Medtronic, we are committed to fostering an environment where employees can thrive and make a meaningful impact. In alignment with our enterprise-wide workforce planning approach, U.S. work authorization sponsorship (H-1B, TN, J, etc.) is offered exclusively for Principal-level roles and above, where specialized expertise aligns with long-term business needs. Roles below the Principal level require candidates to possess unrestricted U.S. work authorization at the time of hire and for the duration of employment.
Recruitment Fraud Alert
We are aware of phishing scams targeting job seekers. Please keep the following in mind:
Apply only through official Medtronic channels. All legitimate Medtronic recruiting communications come from approved Medtronic platforms and official @medtronic.com email addresses.
Medtronic will never ask for payment or sensitive personal information (such as bank account or Social Security details) during early stages of the hiring process. Any such requests are not legitimate.
If you receive a suspicious message claiming to be from Medtronic, do not respond, click links, or open attachments.
If you have any questions, concerns regarding the authenticity of a communication alleged to have been made by or on behalf of Medtronic, please contact us immediately at AskHR@medtronic.com.
Benefits & CompensationMedtronic offers a competitive Salary and flexible Benefits Package
A commitment to our employees lives at the core of our values. We recognize their contributions. They share in the success they help to create. We offer a wide range of benefits, resources, and competitive compensation plans designed to support you at every career and life stage.
The following benefits and additional compensation are available to those regular employees who work 20+ hours per week: Health, Dental and vision insurance,Health Savings Account,Healthcare Flexible Spending Account,Life insurance, Long-term disability leave,Dependent daycare spending account,Tuition assistance/reimbursement, andSimple Steps (global well-being program).
The following benefits and additional compensation are available to all regular employees:Incentive plans, 401(k) plan plus employer contribution and match,Short-term disability,Paid time off,Paid holidays,Employee Stock Purchase Plan,Employee Assistance Program,Non-qualified Retirement Plan Supplement (subject to IRS earning minimums), andCapital Accumulation Plan (available to Vice Presidents and above, or subject to IRS earning minimums).
Regular employees are those who are not temporary, such as interns. Temporary employees are eligible for paid sick time, as required under applicable state law, and the Employee Stock Purchase Plan. Please note some of the above benefits may not apply to workers in Puerto Rico.
Further details are available at the link below:
Medtronic benefits and compensation plans
It is the policy of Medtronic to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, Medtronic will provide reasonable accommodations for qualified individuals with disabilities.
If you are applying to perform work for Medtronic, Inc. ("Medtronic") in any position which will involve performing at least two (2) hours of work on average each week within the unincorporated areas of Los Angeles County, you can findhere a list of all material job duties of the specific job position which Medtronic reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of a conditional offer of employment. Medtronic will consider for employment qualified job applicants with arrest or conviction records in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
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