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Operational Risk Manager Jobs in Waxahachie, TX (NOW HIRING)

Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology ... Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ...

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Operational Risk Manager information

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$45.4K

$116.5K

$228.8K

How much do operational risk manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for operational risk manager in Waxahachie, TX is $116,531.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,000.00 and $153,500.00 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 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 Waxahachie, TX look for?

The top searched job categories for Operational Risk Manager jobs in Waxahachie, TX are:

What cities near Waxahachie, TX are hiring for Operational Risk Manager jobs?

Cities near Waxahachie, TX with the most Operational Risk Manager job openings:

Infographic showing various Operational Risk Manager job openings in Waxahachie, TX as of June 2026, with employment types broken down into 1% As Needed, 70% Full Time, 26% Part Time, 1% Temporary, and 2% Contract. Highlights an 83% Physical, 3% Hybrid, and 14% Remote job distribution, with an average salary of $116,531 per year, or $56 per hour.

Risk, Risk Assessment Execution Team, Vice President, Dallas

Goldman Sachs

Dallas, TX

Full-time

Posted 13 days ago


Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

47th of 171 rated banks


Job description

Risk Division 

The Risk Division develops comprehensive processes to monitor, assess and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk teams play a critical function for the firm, driving how the firm takes and manages risk.  

Vice President, Operational Risk Assessments Team 

The Operational Risk Assessment Execution team within Operational Risk is responsible for developing and implementing a standardized framework to identify, measure, monitor, and assess operational risk across the firm. The Associate will support the execution, enhancement, and strategic evolution of the firm's Risk and Control Self-Assessment (RCSA) program.  

Responsibilities 

  • Lead the execution of business-as-usual (BAU) RCSA activities, including assessment planning, stakeholder engagement, governance, and execution against established timelines 
  • Drive analysis of assessment results, risk information, and control data to identify key themes, emerging risks, and areas requiring management attention 
  • Develop and deliver reporting, dashboards, and management materials that provide senior leadership and governance forums with insight into the firm's operational risk profile and assessment outcomes 
  • Lead strategic initiatives to enhance assessment methodologies, frameworks, tools, and operating processes, improving effectiveness and consistency across the program 
  • Manage regulatory, audit, and remediation activities related to the operational risk assessment framework, ensuring timely and sustainable outcomes 
  • Oversee complex cross-functional projects and framework uplift initiatives, driving alignment across stakeholders and deliverables 
  • Provide thought leadership and subject matter expertise on assessment requirements, standards, and methodologies 

Qualifications 

  • 5-10 years of experience in Risk Management, Internal Audit, Compliance, or a related financial services role 
  • Strong understanding of operational risk management frameworks and risk assessment methodologies, including Risk and Control Self-Assessments (RCSA) 
  • Demonstrated experience leading large-scale risk assessment, governance, or framework enhancement initiatives 
  • Experience managing complex projects and driving execution across multiple workstreams and stakeholders 
  • Proven ability to manage projects and coordinate deliverables across multiple stakeholders in a fast-paced environment 
  • Strong proficiency in Excel and PowerPoint 
  • Self-motivated, collaborative, and intellectually curious, with a demonstrated ability to lead initiatives and drive change 
  • Bachelor's degree required 

ABOUT GOLDMAN SACHS

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. 

We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs. Learn more about our culture, benefits, and people at GS.com/careers. 

We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html 

The Goldman Sachs Group, Inc., 2023. All rights reserved.

Goldman Sachs is an equal employment/affirmative action employer Female/Minority/Disability/Veteran/Sexual Orientation/Gender Identity



 

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869