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

Coordinate contractor access and work activities to minimize operational risk. Safety & Compliance ... Manage facility budgets and operational expenditures. Emergency Response * Serve as the primary ...

... Risk Manager. You will * Provide independent oversight of directorate organizations, activities, and facilities to ensure conditions and operations are consistent with Safeguards and Security ...

Directorate Security Officer

Livermore, CA · On-site

$18.75 - $22.25/hr

... Risk Manager. You will * Provide independent oversight of directorate organizations, activities, and facilities to ensure conditions and operations are consistent with Safeguards and Security ...

Directorate Security Officer

Livermore, CA · On-site

$17.75 - $21/hr

... Risk Manager. You will * Provide independent oversight of directorate organizations, activities, and facilities to ensure conditions and operations are consistent with Safeguards and Security ...

... Risk Manager. You will * Provide independent oversight of directorate organizations, activities, and facilities to ensure conditions and operations are consistent with Safeguards and Security ...

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Operational Risk Manager information

See Tracy, CA salary details

$50.6K

$129.9K

$255.1K

How much do operational risk manager jobs pay per year?

As of Jul 6, 2026, the average yearly pay for operational risk manager in Tracy, CA is $129,938.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,100.00 and $171,200.00 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.

What are the most commonly searched types of Operational Risk jobs in Tracy, CA? The most popular types of Operational Risk jobs in Tracy, CA are:
What job categories do people searching Operational Risk Manager jobs in Tracy, CA look for? The top searched job categories for Operational Risk Manager jobs in Tracy, CA are:
What cities near Tracy, CA are hiring for Operational Risk Manager jobs? Cities near Tracy, CA with the most Operational Risk Manager job openings:
QV Work Documentation, Expert

QV Work Documentation, Expert

PG&E Corporation

Lodi, CA • Hybrid

Full-time

Posted 2 days ago


Job description

Requisition ID # 173253 

Job Category: Compliance / Risk / Quality Assurance 

Job Level: Individual Contributor

Business Unit: Energy Delivery

Work Type: Hybrid

Job Location: Dublin; Alameda; Alta; American Canyon; Angels Camp; Antioch; Auberry; Auburn; Avenal; Avila Beach; Bakersfield; Balch Camp; Bay Point; Bear Valley; Belden; Bellota; Belmont; Benicia; Berkeley; Brentwood; Brisbane; Buellton; Burney; Buttonwillow; Calistoga; Campbell; Canyon Dam; Canyondam; Capitola; Caruthers; Chico; Clearlake; Clovis; Coalinga; Colusa; Concord; Concord; Corcoran; Cottonwood; Cupertino; Daly City; Danville; Davis; Dinuba; Downieville; Emeryville; Eureka; Fairfield; Folsom; Fort Bragg; Fortuna; Fremont; French Camp; Fresno; Fresno; Fulton; Garberville; Geyserville; Gilroy; Goodyear; Grass Valley; Guerneville; Half Moon Bay; Hayward; Hinkley; Hollister; Holt; Houston; Huron; Jackson; Kerman; King City; Lakeport; Lemoore; Lincoln; Linden; Livermore; Lodi; Loomis; Los Banos; Lower Lake; Madera; Magalia; Manteca; Manton; Mariposa; Martell; Marysville; Maxwell; Menlo Park; Merced; Meridian; Millbrae; Milpitas; Modesto; Monterey; Montgomery Creek; Morgan Hill; Morro Bay; Moss Landing; Mountain View; Napa; Needles; Newark; Newman; Novato; Oakdale; Oakhurst; Oakland; Oakley; Olema; Orinda; Orland; Oroville; Palo Alto; Palo Cedro; Paradise; Parkwood; Paso Robles; Petaluma; Pioneer; Pismo Beach; Pittsburg; Placerville; Pleasant Hill; Pleasanton; Point Arena; Potter Valley; Quincy; Rancho Cordova; Red Bluff; Redding; Richmond; Ridgecrest; Rio Vista; Rocklin; Roseville; Round Mountain; Sacramento; Salida; Salinas; San Bruno; San Carlos; San Francisco; San Francisco; San Jose; San Luis Obispo; San Mateo; San Rafael; San Ramon; San Ramon; Sanger; Santa Cruz; Santa Maria; Santa Nella; Santa Rosa; Selma; Shaver Lake; Sonoma; Sonora; South San Francisco; Springville; Stockton; Storrie; Taft; Tracy; Turlock; Twain; Ukiah; Vacaville; Vallejo; Walnut Creek; Wasco; Watsonville; West Sacramento; Wheatland; Whitmore; Willits; Willow Creek; Willows; Windsor; Winters; Woodland; Yuba City

Department Overview

Electric Operations ensures the delivery of clean, safe, reliable and affordable energy to nearly 16 million people in Northern and Central California. Electric Operations is responsible for every aspect of PG&E's electric distribution and transmission operations, including planning, engineering, maintenance and construction, asset management, business planning, restoration and emergency response.

Position Summary

The Compliance & Risk Consultant’s core function is to support/monitor the compliance and/or risk management framework & tools that enable the organization and employees to conduct business in compliance with applicable standards, laws & regulations, and/or to identify, manage, and mitigate operational risk.

The Compliance & Risk Consultant supports the development, implementation, and maintenance of the framework for compliance and/or risk management. May be assigned to support a specific department or area of the business. Scope may be limited to one regulatory agency or may include multiple agencies, laws, and regulations applicable to a specific department or area of the business. Supports revisions to the compliance and/or risk programs and tools as needed based on changes to applicable laws, regulations, and standards. For risk management, develops and maintains a risk register, coordinating with various risk owners to track operational & enterprise risks and the effectiveness of risk mitigation activities. Partners with Subject Matter Experts (SME), Requirement/Risk Owners, and business SMEs to develop controls, and metrics to hold the assigned owners accountable for compliance and/or risk management performance. Supports change management, training, and communication of compliance standards, processes & results and/or risk management standards and risk analyses & assessments. The Compliance & Risk Consultant may also act as a liaison with regulatory agencies and respond to data/reporting inquiries.

This position is hybrid, working from your remote office and your assigned work location based on business need. The assigned work location will be within the PG&E Service territory. 

PG&E is providing the salary range that the company in good faith believes it might pay for this position at the time of the job posting. This compensation range is specific to the locality of the job.  The actual salary paid to an individual will be based on multiple factors, including, but not limited to, specific skills, education, licenses or certifications, experience, market value, geographic location, and internal equity.  Although we estimate the successful candidate hired into this role will be placed towards the middle or entry point of the range, the decision will be made on a case-by-case basis related to these factors.

Bay Minimum: $122,000
Bay Maximum: $194,000

&/OR

CA Minimum: $116,000
CA Maximum: $184,000

This job is also eligible to participate in PG&E’s discretionary incentive compensation programs. 

Job Responsibilities

  • Provides expertise to leadership and cross-functional teams regarding development, implementation, and monitoring of controls and mitigation plans.
  • Develops compelling data-driven business cases for or against specific courses of action and potential risk mitigation alternatives as appropriate.
  • May lead company response to regulatory data requests, investigations, audits, and other inquiries.
  • Regularly updates leadership on changes to requirements/standards, metrics, program effectiveness, and opportunities for improvement.
  • Lead root cause analysis exercises.
  • May participate in risk management forums at the enterprise level.
  • May act as team lead but does not have any direct reports. 

Qualifications

Minimum:

  • Bachelors Degree or equivalent experience
  • Job-related experience, 7 years

Desired:

  • 4 years’ experience managing compliance/risk programs or controls
  • Masters Degree or equivalent experience
  • Bachelors in engineering (electrical, mechanical or related discipline)
  • Demonstrates broad expertise and applies advanced knowledge to wide- ranging compliance and/or risk management issues.
  • Advanced knowledge of and ability to apply internal control concepts and/or risk analysis & assessment
  • Strong problem solving, project management, and change management skills
  • Ability to manipulate data and draw conclusions / make recommendations
  • Strong written and verbal communication skills and ability to communicate complex data effectively to a variety of audiences including executives
  • Highly flexible, self-directed, and able to adapt well to a rapidly changing environment
  • Advanced skills in MS Office including Excel and PowerPoint