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Operational Risk Manager Jobs in Torrance, CA (NOW HIRING)

MV Transportation

Risk Manager

El Monte, CA

$97K - $114K/yr

The Risk Manager will serve as the primary point of contact for all Agency-related risk management ... safe operations, and driving continuous improvement in loss prevention efforts. Key ...

MV Transportation

Risk Manager

El Monte, CA · On-site

$97K - $114K/yr

The Risk Manager will serve as the primary point of contact for all Agency-related risk management ... safe operations, and driving continuous improvement in loss prevention efforts. Key ...

MV Transportation

Risk Manager

El Monte, CA · On-site

$97K - $114K/yr

The Risk Manager will serve as the primary point of contact for all Agency-related risk management ... safe operations, and driving continuous improvement in loss prevention efforts. Key ...

MV Transportation

Risk Manager

El Monte, CA · On-site

$97K - $114K/yr

The Risk Manager will serve as the primary point of contact for all Agency-related risk management ... safe operations, and driving continuous improvement in loss prevention efforts. Key ...

SHEIN

GRC Risk Manager

Los Angeles, CA · On-site

Founded in 2012, SHEIN is a leading global online retailer with operations in Guangzhou, Los ... Position Summary SHEIN Global Security & Risk Management is a global security organization that ...

SHEIN

GRC Risk Manager

Los Angeles, CA

Founded in 2012, SHEIN is a leading global online retailer with operations in Guangzhou, Los ... Position Summary SHEIN Global Security & Risk Management is a global security organization that ...

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All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Torrance, CA

Operational Risk Manager information

See Torrance, CA salary details

$49.1K

$126K

$247.5K

How much do operational risk manager jobs pay per year?

As of Jul 11, 2026, the average yearly pay for operational risk manager in Torrance, CA is $126,041.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,700.00 and $166,000.00 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 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 job categories do people searching Operational Risk Manager jobs in Torrance, CA look for? The top searched job categories for Operational Risk Manager jobs in Torrance, CA are:
What cities near Torrance, CA are hiring for Operational Risk Manager jobs? Cities near Torrance, CA with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
VP, Operational Risk Event Management

VP, Operational Risk Event Management

Conexus

Los Angeles, CA • On-site

$200K/yr

Full-time

Posted 11 days ago

Job description

We are seeking a Vice President, Operational Risk Management to lead the development of an enterprise-wide risk event and issue management framework for a leading investment management organization. This role will focus on building scalable governance, risk, and reporting processes while partnering with senior business and technology leaders to strengthen operational risk practices across the organization.
This is an excellent opportunity for someone who enjoys building programs from the ground up, driving organizational change, and partnering with executive leadership to establish a consistent enterprise risk framework.
Responsibilities
  • Design and implement an enterprise-wide operational risk event and issue management framework.
  • Develop governance models, risk assessments, reporting, and executive dashboards.
  • Establish standardized processes for risk identification, assessment, prioritization, escalation, and remediation.
  • Partner with business, technology, security, and operational teams to improve risk management practices.
  • Present risk trends, metrics, and recommendations to senior leadership and governance committees.
  • Drive organizational adoption of risk management standards and continuous process improvement.
  • Support ServiceNow integration and the evolution of enterprise risk workflows.

Required Qualifications
  • 8+ years of experience in Operational Risk Management, Enterprise Risk Management, or business process design.
  • Experience designing and implementing enterprise-wide risk frameworks.
  • Strong knowledge of risk and control assessments, risk appetite, key risk indicators (KRIs), governance, and operational risk reporting.
  • Proven ability to influence senior leaders and build strong cross-functional relationships.
  • Experience presenting complex risk topics to executive leadership.
  • Comfortable working in a dynamic, evolving environment and building new processes from the ground up.
  • Excellent communication, stakeholder management, and organizational change management skills.

Preferred Qualifications
  • Experience within investment management, asset management, or financial services.
  • Experience supporting regulatory or audit environments.
  • Consulting or business transformation experience is a plus.

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