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

Mechanics Bank is currently searching for a Compliance Risk Manager to join our team. Here at ... departmental operations. Travel required: 20-30 % Who you are: * 4 Year / Bachelor's Degree ...

... operations teams to help identify, document, and track risk across the enterprise and its third-party supply chain. Responsibilities Enterprise Risk Management * Support the design, execution, and ...

Enterprise or operational risk management, compliance, internal audit, oranothersecond-line risk function. * Risk assessments, KRIs, risk appetite metrics, issue management, remediation tracking, or ...

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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 Sep 15, 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 companyโ€™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.

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:

Infographic showing various Operational Risk Manager job openings in Torrance, CA as of September 2026, with employment types broken down into 83% Full Time, 16% Part Time, and 1% Contract. Highlights an 79% Physical, 2% Hybrid, and 19% Remote job distribution, with an average salary of $126,041 per year, or $60.6 per hour.

Risk Manager - Cal State Long Beach

Long Beach, CA โ€ข Hybrid

Another source
Recruiting and Staffing Servicesย โ€ขย 11 - 50 employees

Full-time

This job post hasย expired 1 day ago.ย Applications are no longer accepted.


Job description

Risk Manager - Cal State Long Beach

ID102582

Application Deadline10/3/2026

CategoryInsurance

CompanyCSU Long Beach

Job LocationsUS-CA-Long Beach

At a glance

Risk Management leaders - this is an opportunity to shape how risk is approached across an entire university.

Cal State Long Beach is seeking its next Risk Manager to lead the campus risk management function and a small, experienced team.

This is more than a technical risk role. Cal State Long Beach is looking for a leader who can assess risk thoughtfully, exercise sound judgment, and help campus partners find a path forward - not simply tell them what they can't do.

From major campus events and student travel to contracts, insurance, claims, and emerging risks, this role touches nearly every corner of the university. You'll partner across Legal, Procurement, IT, EHS, campus leadership, and the broader CSU system while helping build a more proactive, responsive, and customer-focused approach to risk management.

Strong risk expertise matters, but so do leadership, judgment, relationship-building, and the ability to make confident decisions when the answer isn't black and white.

Higher education experience isn't required. We welcome professionals from government, public sector, and other complex organizations who are ready to bring their experience to The Beach.

Interested? Learn more and apply today!

Description: What you'll be doing

Another Source's client, California State University, Long Beach, is recruiting a Risk Manager to join their team in Long Beach, California. This role provides hybrid flexibility depending on operational needs.

Here's a little about California State University, Long Beach:

California State University, Long Beach is part of the 23-campus California State University system and serves a dynamic campus community in Southern California. Within the university, Risk Management partners across campus to help faculty, staff, students, and university leaders navigate risk thoughtfully while supporting the activities and initiatives that advance CSULB's mission.

This is an opportunity to take on a highly visible role that works across the university, collaborating with campus managers, employees, students, the Chancellor's Office, General Counsel, commercial insurance providers, and fellow CSU risk professionals.

Learn More:

About this role:

Reporting to the Associate Vice President for Financial Management, the Risk Manager leads programs and practices designed to identify, assess, and mitigate risk and potential liability associated with university activities and initiatives. The role serves as a primary resource to the campus community and general public on risk management matters while overseeing two Risk Professional team members.

With responsibility spanning risk assessment, insurance programs, tort liability, claims, contracts, and legal holds, this position offers the opportunity to influence how risk is understood and managed across a complex university environment.

How you will spend your time

Risk Identification, Assessment & Mitigation (60%)

Serve as a primary point of contact for campus-related risk management matters, providing guidance to university stakeholders and the public.

  • Assess university and auxiliary organization activities, identify potential liability, and recommend practical strategies to reduce institutional risk.
  • Interpret laws, regulations, CSU requirements, and university policies to develop and strengthen risk management policies, procedures, and programs.
  • Partner with faculty and campus stakeholders to address risk requirements associated with student events, activities, and travel, including waivers, releases, and supporting documentation.
  • Collaborate with Procurement to evaluate insurance and indemnification provisions in contracts, recommend revisions, review certificates of insurance, and determine appropriate insurance requirements within CSU guidelines.

Tort Liability & Insurance Program Management (25%)

  • Lead CSULB's tort liability and commercial insurance programs, including the fiscal responsibilities associated with Risk Management.
  • Manage insurance programs covering areas such as property, inland marine, student professional liability, foreign travel liability, vehicles, special events, and student travel accidents.
  • Oversee claims, excluding workers' compensation, and guide claimants through applicable processes, coverage limits, and exclusions.
  • Partner with commercial insurance representatives and attorneys to support claim resolution.
  • Review and investigate tort liability claims against the university, assess campus liability, and determine appropriate claim outcomes.

Legal Holds (5%)

  • Coordinate legal hold processes to ensure relevant university records and information are appropriately preserved in connection with litigation.
  • Partner with Information Technology on electronic legal holds and work with University Counsel and the CSU Chancellor's Office General Counsel team as needed.
  • Represent the university in small claims and restitution proceedings.

Additional Leadership & Support (10%)

  • Provide direct leadership and supervision to two Risk Professional II employees.
  • Build productive relationships across the university and CSU system, including campus managers, employees, students, insurance providers, third-party administrators, General Counsel, and other CSU risk managers.
  • Support additional priorities and initiatives as assigned.

Minimum Qualifications

  • Bachelor's degree.
  • At least five years of progressively responsible risk management experience, including claims management.
  • Ability to objectively assess complex facts and information and, in partnership with university leaders, legal counsel, and other stakeholders, develop sound risk management strategies and recommendations.

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