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Operational Risk Manager Jobs in Wallingford, CT

Securitas

Operational Risk Manager

Shelton, CT · On-site

$110K - $135K/yr

Role Summary The Operational Risk Manager (ORM) serves as the regional leader for operational risk mitigation, safety, and compliance. This role is responsible for driving a culture of safety and ...

Securitas

Operational Risk Manager

Shelton, CT · Hybrid

$110K - $135K/yr

Role Summary The Operational Risk Manager (ORM) serves as the regional leader for operational risk mitigation, safety, and compliance. This role is responsible for driving a culture of safety and ...

Trinity Health

Clinical Risk Manager

Hartford, CT

The Risk Manager works collaboratively with clinical leadership, legal counsel, and the Risk ... Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint ...

Trinity Health

Clinical Risk Manager

Hartford, CT · On-site

The Risk Manager works collaboratively with clinical leadership, legal counsel, and the Risk ... Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint ...

Trinityhealth

Clinical Risk Manager

Hartford, CT

The Risk Manager works collaboratively with clinical leadership, legal counsel, and the Risk ... Strong understanding of hospital and patient care operations, Public Health Code regulations, Joint ...

Ascend Bank

Senior Operations Officer

Wallingford, CT · On-site

... operational risk mitigation, process improvement, and change management. Strong data fluency with the ability to define KPIs/KRIs, interpret trends, and translate insights into risk-reducing action.

Northwest Community Bank

RISK ANALYST

Canton, CT · On-site

... Management (ERM) program. The role will help identify, assess, and monitor risks across the organization that could impact financial performance, operations, and strategic initiatives. The Risk ...

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Operational Risk Manager information

See Wallingford, CT salary details

$47.1K

$121K

$237.6K

How much do operational risk manager jobs pay per year?

As of Jun 19, 2026, the average yearly pay for operational risk manager in Wallingford, CT is $121,035.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,700.00 and $159,400.00 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 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 Wallingford, CT look for? The top searched job categories for Operational Risk Manager jobs in Wallingford, CT are:
What cities near Wallingford, CT are hiring for Operational Risk Manager jobs? Cities near Wallingford, CT with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Operational Risk Manager

Operational Risk Manager

Securitas Services

Shelton, CT • Hybrid

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 10 days ago

Securitas rating

5.9

Company rating: 5.9 out of 10

Based on 956 frontline employees who took The Breakroom Quiz

56th of 102 rated security

Job description

Role Summary
The Operational Risk Manager (ORM) serves as the regional leader for operational risk mitigation, safety, and compliance. This role is responsible for driving a culture of safety and risk awareness across field operations, ensuring contractual and regulatory compliance, analyzing claims and incident trends. This role is part of Division Risk Management and partners closely with the assigned Region to proactively reduce loss exposure and improve operational performance.
 
This role supports the Northeast Region of Securitas and is a Hybrid position. The candidate is expected to work out of our Shelton, Connecticut office 2 days a week with the other 3 days being Remote. The Region Office is located at 2 Enterprise Drive, Shelton, CT 06484. 

 
Key Responsibilities
Operational Risk & Safety Leadership
Drive a culture of risk mitigation and safety throughout the region by implementing and reinforcing site level risk and safety initiatives.
Serve as the primary regional point of contact for the Risk Management and Legal departments during claim investigations, providing timely documentation, incident analysis, and operational support.
Collaborate with cross functional partners (Operations, HR, Training, Legal, and Risk) to implement standardized compliance controls and processes consistently across the region.
Lead and facilitate regional Risk & Safety workshops.
Ongoing Compliance & Audit Oversight
Partner with field operations to ensure all required documentation, controls, and approvals are in place prior to the start of higher risk accounts.
Verify that all employees receive required on the job training.
Confirm implementation of client specific contractual requirements at each site (e.g., CPR certifications, training mandates).
Ensure all sites maintain current, accurate, and approved post orders.
Conduct ongoing compliance audits to validate adherence to contractual, regulatory, and internal policy requirements and track remediation efforts.
Analytics, Technology & Continuous Improvement
Analyze monthly claim trends and develop proactive action plans to mitigate emerging risks and improve regional performance.
Communicate risk, claims, and compliance metrics to field leadership to increase awareness and accountability.
Support and implement AI driven and technology enabled risk initiatives within the region.
Perform monthly operational claims analysis, identifying trends, root causes, and leading risk indicators.
Translate analytics into actionable insights and recommendations for loss prevention and operational improvement.

 
Weapons Program Oversight
Assume regional ownership of the weapons program, including: 
o Conducting regular firearm audits.
o Maintaining complete and accurate weapons records.
o Promptly reporting discrepancies, changes, or incidents to the Division in accordance with policy.

 
Compliance & Documentation Management
Maintain and oversee required documentation within CEP, including: 
o Post Orders (CEP format)
o Periodic Hazard Assessments (PHAs)
o Executed contracts
o Training acknowledgments and completion tracking

 
Incident, Potential Claim & Large Loss Review
Review all potential claims, Continuous Improvement Incidents, and large loss investigations.
Identify training gaps, procedural deficiencies, and post order improvement opportunities.
Recommend updates to risk protocols, training, and controls based on findings and lessons learned.

 
Training & Regional Support
Deliver risk related training sessions on a monthly basis, tailored to operational risks and emerging trends.
Provide direct regional support, including: 
o Promoting risk policy compliance and awareness.
o Assisting with Risk related RFP questionnaires.
o Conducting CEP post order reviews.
o Supporting operational and compliance audits.

 
Qualifications & Experience
Bachelor's degree preferred or equivalent relevant experience in risk management, safety, operations, or a related field.
Demonstrated experience in operational risk management, compliance, safety, or claims related functions.
Strong knowledge of regulatory, contractual, and operational risk controls.
Experience analyzing claims data and translating findings into actionable risk mitigation strategies.
Ability to partner effectively with field operations and senior leadership.
Strong written and verbal communication skills with experience delivering training and executive summaries.
High attention to detail with the ability to manage multiple priorities across a geographically dispersed region.
Key Competencies
Operational risk assessment and mitigation
Claims and incident analysis
Compliance auditing and governance
Cross functional collaboration
Data driven decision making
Training and stakeholder engagement

 

 

 
Securitas is committed to equal employment opportunity. 

 
All qualified applicants will receive consideration for employment without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, pregnancy, genetic information, disability, status as a protected veteran, or any other applicable legally protected characteristic.

 
 
Securitas employees come from all walks of life, bringing with them a variety of distinctive skills and perspectives. United through our common purpose, we provide the security needed to safeguard our clients' assets and people. Our core values - Integrity, Vigilance and Helpfulness - are represented by the three red dots in the Securitas logo. If you live by these values, we're looking for you to join the Securitas team.

Benefits include: 
  • Retirement plan
  • Employer-provided medical and dental coverage
  • Company-paid life insurance
  • Voluntary life and disability insurance
  • Employee assistance plan
  • Securitas Saves discount program
  • Paid holidays
  • Paid time away from work

Additionally, some populations may have the availability of accessing earned wages on a daily basis, prior to payday. Restrictions and fees may apply.
Certain waiting periods may also apply. Paid time away from work may be available either through a combination of vacation and sick time or under a PTO policy, depending on local requirements. Benefits may be different for union members.
Our Company Mission:
Securitas' mission is to protect homes, workplaces, and communities by providing the security services they need to protect their assets, safeguard their people, and maintain their ability to generate profits.

Our Values:
Securitas' core values - Integrity, Vigilance and Helpfulness - are the foundation for our employees to build trust with customers, colleagues, and the surrounding community.

Integrity:
Securitas employees are honest and trusted by customers to safeguard their premises and valuables. We don't compromise on integrity and create an open forum for our employees and customers to voice opinions, report improprieties, and share information. 

Vigilance:
Seeing, hearing, and evaluating. A Securitas employee is always attentive and often notices things that others don't. Their vigilance is necessary in order to be aware of potential risks or incidents that may take place on our customers' premises.

Helpfulness:
As part of an on-going effort to ensure safety, Securitas employees are always ready to help if an incident occurs that requires intervention regardless of whether or not it is directly related to their job.

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