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

HERITAGE BANK

Operational Risk Analyst (On-site)

Tacoma, WA · On-site

$36.44 - $45.55/hr

This position is responsible for supporting the Operational Risk Management (ORM) framework under the Enterprise Risk Framework (ERM), and will contribute to the development and ongoing support of ...

New

DCS Corp

Risk Manager

Joint Base Lewis Mcchord, WA

MA/MS/MBA from an accredited college or university in Operations management, Risk Management, program management, Engineering or related degree with 7 to 10 years of experience as a Risk Manager ...

DCS CORPORATION

Risk Manager

WA · On-site

MA/MS/MBA from an accredited college or university in Operations management, Risk Management, program management, Engineering or related degree with 7 to 10 years of experience as a Risk Manager ...

DCS Corporation

Risk Manager

Tacoma, WA

MA/MS/MBA from an accredited college or university in Operations management, Risk Management, program management, Engineering or related degree with 7 to 10 years of experience as a Risk Manager ...

F5, Inc.

Principal Enterprise Risk Manager

Seattle, WA · On-site

... operational changes, to ensure risk-informed decision-making. On this team, you will have the opportunity to demonstrate your depth of subject matter experience, communication and project management ...

Deloitte

Cyber Insider Risk Manager

Seattle, WA

Qualifications Required: 6+ years of experience in insider risk, security operations, investigations, compliance, data protection, or enterprise risk management 2+ years of experience managing an ...

Amazon

Senior Risk Manager, Last Mile

Bellevue, WA · On-site

This individual will bridge business operations, technical and legal teams to build scalable ... Manages the full lifecycle of complex risk programs with negotiated and defined obligations • ...

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Operational Risk Manager information

See Tacoma, WA salary details

$50.4K

$129.3K

$253.9K

How much do operational risk manager jobs pay per year?

As of Jul 27, 2026, the average yearly pay for operational risk manager in Tacoma, WA is $129,329.00, according to ZipRecruiter salary data. Most workers in this role earn between $78,800.00 and $170,400.00 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 is essential for effective risk oversight and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, ensure compliance with regulations, and often use risk management tools and data analysis to support decision-making.

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 certifications like FRM or ORM enhancing earning potential.

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 three C's of operational risk management?

The three C's of operational risk management are Culture, Controls, and Communication. These elements help organizations identify, assess, and mitigate risks effectively, which is essential for an Operational Risk Manager to ensure operational resilience and compliance. Developing strong controls and fostering a risk-aware culture are key skills in this role.

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 are the most commonly searched types of Operational Risk jobs in Tacoma, WA? The most popular types of Operational Risk jobs in Tacoma, WA are:
What are popular job titles related to Operational Risk Manager jobs in Tacoma, WA? For Operational Risk Manager jobs in Tacoma, WA, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Tacoma, WA look for? The top searched job categories for Operational Risk Manager jobs in Tacoma, WA are:
What cities near Tacoma, WA are hiring for Operational Risk Manager jobs? Cities near Tacoma, WA with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Associate Manager, Operational Risk

Associate Manager, Operational Risk

Russell Investments

Seattle, WA

$90K - $115K/yr

Full-time

Medical, Retirement, PTO

Posted 29 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 RussellInvestments, salary is just one part of our compensation package. Our total rewardsapproach includes an annual performance bonus (subject to eligibility criteria) in addition toparticipation in our competitive benefits programs including healthcare, retirement, vacation,and wellbeing programs.


Job Description:

Every day, weseekto improve financial security for people.

As part of our continued efforts to enhance risk management practices, we areseekinga highly motivated, intellectually curious, and results-oriented Associate Manager, OperationalRiskto join our Operational Risk Management team. This role is ideal for an energetic professional who thrives in a fast-paced environment,demonstratesstrong critical thinking skills, and bringsa high levelof ownership, intensity, and organizational discipline to complex risk and project management initiatives.

As a member of the Operational Risk team,you'llbe 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 andfacilitateoperational risk activities, including risk assessments, control documentation and testing, event analysis, and remediation tracking.

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

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

  • Producetimelyandaccurateoperational risk reports for internal and external stakeholders on both scheduled and ad hoc bases.

  • Facilitatethe SOC1 audit engagement and oversightas 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 riskmanagement programpolicies and procedures.

Demonstrable skills and required experience:

  • Bachelor's degree in Business Management, Finance, Accounting, ora relateddiscipline.

  • 5-8years of experiencewith exposure to operational riskand/orinternal/external audit.

  • Financial services orasset managementexperiencepreferred but not necessary.

Skills & Competencies

Critical Thinking & Problem Solving

  • Exceptional critical thinking and analytical skills, with the ability to assess complex situations,identifyroot causes, challenge assumptions, and develop practical, risk-based solutions.

  • Demonstrated ability to synthesizelarge amountsof information, connect disparate issues, and make sound decisions in ambiguous or evolving environments.

Energy, Drive & Intensity

  • High-energy, self-motivatedprofessional whodemonstratesurgency, resilience, and a strong bias toward action and execution.

  • Proventrack recordof taking initiative, driving projects forward, overcoming obstacles, and delivering results with limited supervision.

Organization & Execution

  • Highly organized with exceptional planning and prioritization skills; able to effectively manage multiple competing priorities without sacrificing quality or attention to detail.

  • Strong project execution capabilities, including the ability toanticipatechallenges, proactively manage dependencies, and consistently meet deadlines.

Leadership & Influence

  • Confident communicator who can effectively challenge the status quo, ask thoughtful questions, and influence stakeholders across varying levels of the organization.

  • Demonstrates executive presence, accountability, and ownership when leading cross-functional initiatives and driving risk management outcomes.

The successful candidate will be intellectually curious, highly organized, and energized by solving complex business problems. They willdemonstratestrong business judgment, a proactive mindset, and the ability to balance strategic thinking with disciplined execution in a demanding environment.

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 Investmentsis 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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