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Operational Risk Manager Jobs in Trumbull, CT (NOW HIRING)

Athene

Associate Director - Transformation

Greenwich, CT · On-site

$175K - $225K/yr

... operational risk standards, and firmwide governance expectations Qualifications & Experience * 6-8+ years of experience in corporate strategy, management consulting, digital transformation, or ...

Gerald Group

Risk Analyst

Stamford, CT

... to inquiries from management, traders, and external auditors · Other duties as assigned ... operations. We take pride in our contributions in aiding developing economies, reducing carbon ...

Gerald Group

Risk Analyst

Stamford, CT · On-site

... to inquiries from management, traders, and external auditors • Other duties as assigned ... operations. We take pride in our contributions in aiding developing economies, reducing carbon ...

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Showing results 1-20

All JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Trumbull, CT

Operational Risk Manager information

See Trumbull, CT salary details

$46.1K

$118.4K

$232.5K

How much do operational risk manager jobs pay per year?

As of Jun 19, 2026, the average yearly pay for operational risk manager in Trumbull, CT is $118,433.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,100.00 and $156,000.00 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 helps ensure organizational resilience and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and mitigates risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop risk management frameworks, monitor key risk indicators, and ensure compliance with regulations to protect the organization’s assets and reputation.

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 benefits. Certifications like FRM or ORM can enhance earning potential in this field.

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.

What are the 5 steps of orm?

In operational risk management (ORM), the five key steps are: identifying risks, assessing their likelihood and impact, implementing controls to mitigate risks, monitoring the effectiveness of these controls, and reviewing and improving the risk management process regularly. These steps help operational risk managers proactively manage potential threats to an organization’s operations.
More about Operational Risk Manager jobs
What job categories do people searching Operational Risk Manager jobs in Trumbull, CT look for? The top searched job categories for Operational Risk Manager jobs in Trumbull, CT are:
What cities near Trumbull, CT are hiring for Operational Risk Manager jobs? Cities near Trumbull, CT with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Trumbull, CT as of June 2026, with employment types broken down into 90% Full Time, 9% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $118,433 per year, or $56.9 per hour.
Operations Support and Control Analyst

Operations Support and Control Analyst

Bankwell Financial Group, Inc.

New Canaan, CT • On-site

$28.85 - $37.50/hr

Full-time

Posted 14 days ago

Job description

Job Type
Full-time
Description
About Bankwell:
Bankwell is a commercial bank with more than $3 billion in assets that specializes in delivering personalized, technology-driven banking solutions to businesses and individuals. We pride ourselves on our unique ability to provide exceptional service with the expertise and dedication of our experienced team of professionals. When it comes to business, our deep industry knowledge, flexibility and innovative treasury and financing services enable us to find the right solutions for our business and commercial clients. Our organizational culture emphasizes personal development and continuous innovation across all business lines. These core values empower our team members to offer comprehensive financial products and deliver tailored solutions to specialized industry sectors with speed and precision.
Summary of Position
The Operations Support and Control Analyst assists the broader operations team by supporting the development, implementation, maintenance of and adherence to efficient, compliant procedures and controls. This role is ideal for individuals who are passionate about banking operations, risk management, compliance, and process improvement. The Operations Support and Control Analyst will participate in training, process reviews, quality testing, and special projects to facilitate operational excellence and efficiency.
Key Responsibilities
  • Maintain and deliver onboarding and ongoing training materials for Retail, Deposit and Payment Operations staff, ensuring team members have access to current resources.
  • Assist in updating and organizing operations policies, procedures and business continuity plans to align with bank objectives and regulatory requirements.
  • Participate in regular reviews and effectiveness testing of key controls and processes within deposit, payment and branch operations, providing observations and suggestions for process improvements and championing a culture of continuous improvement.
  • Help document operational risk events, support root cause analysis, and assist in developing and implementing corrective actions through cross-departmental collaboration.
  • Support the collection and organization of information for internal and external audit requests.
  • Leverage automation tools and data analytics to monitor control performance and report trends.
  • Contribute to cross departmental projects, such as IT system updates and process redesigns, under the guidance of senior team members.
  • Champion quality service and efficient operations for internal and external clients.

Requirements
Qualifications & Skills
  • Bachelor's degree or equivalent experience in banking.
  • 3+ years of experience in banking operations required; internships or relevant coursework considered.
  • Comprehensive understanding of general banking operations activities, products and services as well as general banking compliance regulations.
  • Ability to manage multiple tasks and priorities while maintaining attention to detail.
  • Effective written, verbal and interpersonal communication skills.
  • Proficiency with MS Office (Word, Excel, PowerPoint).
  • Strong critical thinking and problem-solving skills.
  • Ability to work both independently and as part of a team.
  • Demonstrated ownership and accountability for assigned tasks.
  • Ability to meet deadlines and manage time effectively.

Job Classification:
Full-Time, Non-Exempt
This job description is a general description of essential job functions. It is not intended as an employment contract, nor is it intended to describe all duties someone in this position may perform. All employees are expected to perform tasks assigned by supervisory personnel, regardless of job titles or routine job duties. Bankwell is committed to a policy of Equal Employment Opportunity and will not discriminate against any applicant or employee on the basis of race, color, religion, sex, sexual orientation, national origin or ancestry, age, physical or mental disability, veteran or military status, marital status, or any other legally recognized protected basis under federal, state or local laws. Applicants with disabilities may be entitled to reasonable accommodation under the terms of Americans with Disabilities Act and certain other state or local laws. Please inform Bankwell's Human Resources representative if you need assistance completing any forms or to otherwise participate in the application process. All employees are responsible for complying with banking regulations that apply to Bankwell. This includes, but is not limited to, adhering to the BSA and various consumer protection regulations, and complying with OFAC sanctions. Employees are required to complete compliance training and follow policies and procedures for applicable regulations based on their role. An employee's failure to comply with banking regulations will be individually reviewed and assessed. The result of non-compliance may impact job performance ratings and may be serious enough to require termination of employment.
Salary Description
$28.85 - $37.50 hourly

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