ZipRecruiter

Log In

1

Operational Risk Manager Jobs in Summit, NJ (NOW HIRING)

Td

VP - Operational Risk Management (TDS)

New York, NY

$115K - $175K/yr

TD Securities Operational Risk Management (Level 10) - Vice President Business Unit : Risk ... You'll have regular career, development, and performance conversations with your manager, as well ...

Premium Technology

Operational Risk VP

New York, NY · On-site

The incumbent will be responsible for the oversight of the operational risk management framework and program including IT risk management, business continuity planning. The VP will be responsible for ...

Betterment

Risk Manager

New York, NY · Hybrid

$140K - $155K/yr

  • Retirement

The team partners closely with Engineering and with other risk disciplines including Security, Compliance, Legal, and Operations. As a Risk Manager, you will own a portfolio of risk processes ...

Betterment

Risk Manager

New York, NY · On-site

$140K - $155K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The team partners closely with Engineering and with other risk disciplines including Security, Compliance, Legal, and Operations. As a Risk Manager, you will own a portfolio of risk processes ...

Jump Trading

Risk Manager | Equities

New York, NY

The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...

Jump Trading

Risk Manager | Equities

New York, NY · On-site

$150K - $200K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The department manages moment-to-moment risk for all trading teams and is responsible for ... Serve as the NYC go-to operational risk partner: set and monitor exposure limits and guardrails ...

previous page

Showing results 41-60

All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Summit, NJ

Operational Risk Manager information

See Summit, NJ salary details

$49.9K

$128.3K

$251.8K

How much do operational risk manager jobs pay per year?

As of Aug 13, 2026, the average yearly pay for operational risk manager in Summit, NJ is $128,261.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,100.00 and $169,000.00 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.

More about Operational Risk Manager jobs
What job categories do people searching Operational Risk Manager jobs in Summit, NJ look for? The top searched job categories for Operational Risk Manager jobs in Summit, NJ are:
What cities near Summit, NJ are hiring for Operational Risk Manager jobs? Cities near Summit, NJ with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Summit, NJ as of August 2026, with employment types broken down into 91% Full Time, and 9% Contract. Highlights an 95% In-person, and 5% Remote job distribution, with an average salary of $128,261 per year, or $61.7 per hour.

Associate/ Senior Associate - Operational Risk

Neuberger Berman Group LLC

New York, NY • On-site

$90K - $130K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 16 days ago

Job description

Neuberger's Operational Risk and Resilience team is seeking a Senior Associate, Operational Risk professional to support the global Operational Risk program, consisting of identification and management of operational risk events and issues, maintenance of the operational risk framework and related governance processes, and collaboration with business, risk, support, and control functions globally to develop solutions to improve processes and strengthen the control environment. This hands-on position requires the ability to challenge and coordinate front-to-back business management, and collaborate with risk, support, and control colleagues across the global firm. This role requires regular engagement with fund boards, oversight committees, and senior management as well as responding to requests from various regulators.
The role will be a key liaison across local and global business functions on operational risk matters and be responsible for the execution of operational risk and resilience frameworks in accordance with best practices and regulatory requirements.
This is a unique opportunity to support a broad range of businesses (Institutional Equity and Fixed Income, Private Markets, Private Wealth) at a global asset manager and cover a range of risk disciplines, all of which are interconnected and allow for holistic risk oversight.
Responsibilities:
  • Ongoing management, maintenance, and embedding of the operational risk framework, covering all existing and new products, strategies, and related governance processes
  • Identify and investigate operational risk events, ensuring root cause analysis and control assessments are undertaken
  • Identify patterns and trends in events to undertake root cause analysis
  • Track external loss events and undertake "could it happen here" event analysis
  • Undertake "deep dive" reviews on significant and complex events to provide ongoing recommendations to enhance the control environment while keeping senior leaders updated on the progress
  • Identify process/control weaknesses and raise issues and associated actions as required. This will involve notifying responsible owners from business and support teams and providing adequate oversight to ensure the issue is managed to completion
  • Conduct and maintain risk and control self-assessments (RCSAs) across the business and support operating units
  • Administration and support of the group wide operational risk tools in particular
  • Support the Senior Operational Risk Manager in the implementation of changes in various systems
  • Support training of employees across the firm on use of the operational risk database
  • Undertake risk assessments of new third-party services as part of our Third-Party Risk Management framework and oversee the business due diligence process
  • Interact and coordinate with Portfolio Managers, Legal & Compliance, Operations, Technology, Client Coverage, and Firm Leadership on a regular basis; maintain a high degree of visibility within the organization
  • Produce and present Operational Risk reporting for various Committees and governance forums, including root cause analysis
  • Produce ad hoc reporting to key business stakeholders
  • Engage with clients, write client letters following errors and breaches, and prepare internal escalation notes for significant events
  • Provide support to the Business Continuity team for the delivery of the business continuity program

Requirements:
  • Minimum of three years of experience in Operational Risk Management (in asset management or banking industry preferred)
  • Undergraduate degree
  • Experience with operational risk management frameworks, risk appetite development, and alignment with industry best practices
  • Familiarity with global regulations and guidance for the asset management industry pertaining to operational risk and resilience
  • Familiarity with Wolters Kluwer/OneSumX or experience using and configuring other Operational Risk Management applications
  • Experience in global risk functions supporting multiple institutional business lines and products
  • Highly motivated, self-starter who delivers accuracy and attention to detail in a fast-paced environment
  • Team player with flexibility to manage multiple projects with cross-functional teams
  • Demonstrated ability to work with multiple stakeholders and manage competing priorities
  • Confident and clear communicator with the ability to tailor messaging to different constituencies and engage across all seniority levels across the firm

LI-MB1
LI-Hybrid
Applicants must be authorized and have the right to work in the country where the role is located without the need for current or future sponsorship.
Compensation Details
The salary range for this role is $90,000-$130,000. This is the lowest to highest salary we in good faith believe we would pay for this role at the time of this posting. We may ultimately pay more or less than the posted range, and the range may be modified in the future. This range is only applicable for jobs to be performed in the job posting location. An employee's pay position within the salary range will be based on several factors including, but limited to, relevant education, qualifications, certifications, experience, skills, seniority, geographic location, business sector, performance, shift, travel requirements, sales or revenue-based metrics, market benchmarking data, any collective bargaining agreements, and business or organizational needs. This job is also eligible for a discretionary bonus, which, along with base salary and retirement contributions, is part of our total comprehensive package. We offer a comprehensive package of benefits including paid time off, medical/dental/vision insurance, retirement, life insurance and other benefits to eligible employees.
Note: No amount of pay is considered to be wages or compensation until such amount is earned, vested, and determinable. The amount and availability of any bonus, commission, production, or any other form of compensation that are allocable to a particular employee remains in the Company's sole discretion unless and until paid and may be modified at the Company's sole discretion, consistent with the law.
Neuberger is an equal opportunity employer. The Firm and its affiliates do not discriminate in employment because of race, creed, national origin, religion, age, color, sex, marital status, sexual orientation, gender identity, disability, citizenship status or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations. If you would like to contact us regarding the accessibility of our website or need assistance completing the application process, please contact onlineaccommodations@nb.com.
Learn about the Applicant Privacy Notice.

Apply