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Operational Risk Salary Jobs in Philadelphia, PA

First Bank

Senior Risk Manager

Hamilton, NJ · On-site

We offer competitive salaries based upon experience and a comprehensive benefits package upon ... operational risk management. • Monitor the organization's risk management program in a manner ...

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Operational Risk Salary information

See Philadelphia, PA salary details

$47.4K

$121.8K

$239.2K

How much do operational risk salary jobs pay per year?

As of Jul 28, 2026, the average yearly pay for operational risk salary in Philadelphia, PA is $121,802.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,200.00 and $160,400.00 per year, depending on experience, location, and employer.

What is the highest paying risk management job?

The highest paying risk management roles are often senior executive positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually depending on the industry and company size. These roles require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills.

What is an operational risk job?

An operational risk job involves identifying, assessing, and managing risks that arise from internal processes, people, systems, or external events within an organization. Professionals in this field analyze data, develop risk mitigation strategies, and often use tools like risk management software to ensure business continuity and compliance.

What professions make $500,000 a year?

In the field of operational risk, senior risk management executives, such as Chief Risk Officers or senior directors at large financial institutions, can earn $500,000 or more annually. These roles typically require extensive experience, advanced certifications like FRM or CFA, and strong leadership skills, often working in high-pressure environments with complex regulatory requirements.

What jobs make $1,000,000 a year?

In the field of operational risk, very few roles reach a $1,000,000 annual salary, typically limited to senior executive positions such as Chief Risk Officer or Chief Executive Officer in large financial institutions. These roles require extensive experience, advanced certifications, and leadership responsibilities, often supplemented by bonuses and stock options. Most operational risk professionals earn significantly less, with top executives in finance and banking sometimes surpassing this threshold.
What are popular job titles related to Operational Risk Salary jobs in Philadelphia, PA? For Operational Risk Salary jobs in Philadelphia, PA, the most frequently searched job titles are:
What job categories do people searching Operational Risk Salary jobs in Philadelphia, PA look for? The top searched job categories for Operational Risk Salary jobs in Philadelphia, PA are:
Operational Risk Salary jobs near you
Fraud Risk 2nd LOD Lead Analyst Retail Bank, VP

Fraud Risk 2nd LOD Lead Analyst Retail Bank, VP

Citigroup, Inc.

Wilmington, DE • On-site

$114K - $172K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago

Job description

This role supports fraud risk management within the Global Independent Fraud Risk team (ORM-Fraud). The role responsibilities are to provide support for Fraud Oversight for the North America businesses that includes Citi's Retail Bank and interacts closely with the Country in Business Fraud Heads and Global Fraud and Risk teams and within Operations and Technology.
Responsibilities:
Process:
  • Oversee implementation of fraud strategy, policy, and projects. Guide and assist in the implementation of sound and effective fraud processes and monitoring across the various North America Portfolios.
  • Oversee compliance to all policies and procedures established at the group level including connected Financial Crimes disciplines.
  • Support the discussion with business Stakeholders, focused on Emerging Risks & Trends, Key Initiatives, Fraud Risk Appetite, Control Framework & Proposed Enhancements to support Business Growth & Digital Expansion.
  • Support fraud thematic and product oversight reviews in the region. Provide counsel on fraud cases and fraud management related policies, ensuring an independent review of policy compliance.
  • Work with the compliance, operations, and credit teams to strengthen the front-end verification and other processes (e.g., identity validation, funds transfers, verification strategies).
  • Facilitate and disseminate fraud risk management best practices across various North America LOBs.

People:
  • Represent the fraud function with Regional & Business teams to ensure appropriate levels of investment are made in controls, in relation to business product direction and emerging threats.
  • Champion fraud awareness and best practice sharing with various business stakeholders and aid in the development of fraud risk management training modules.
  • Raise the level of fraud awareness among country fraud officers and other related staff.

Financial:
  • Ensure fraud losses are operating within the defined Risk Appetite parameters.
  • Track fraud losses versus plan and counsel /review of individual countries / portfolios. To be knowledgeable in the Banking products or Payments (including non-core) industry in terms of fraud prevention/management practice/programs.
  • To work with Citi Security & Investigative Services (CSIS) in collating and analyzing fraud trends and syndicated criminal activities.
  • Comply with the financial and accounting policies setup by the Risk group office.

Development Value: This role entails a unique opportunity for leading a robust career in Fraud Risk Management with exposure to the life cycle of various Banking products and to senior management.
Qualifications:
  • A seasoned fraud risk professional with 5+ years of Fraud Risk Management in Consumer Banking or Payments.
  • Experience on providing Fraud oversight across businesses in compliance with regulations and internal procedures.
  • Understanding of Authentication, Technology & Emerging Digital capabilities.
  • Understanding of analytical and statistical models supporting the digital / authentication capabilities.
  • Thought leadership and clarity in presenting ideas to senior management.
  • Understanding and management of various drivers and metrics and the impact on Citi's P&L.

Education:
  • Bachelor's/University degree, Master's degree preferred

Competencies:
  • Core Fraud & Operational Risk skills and understanding.
  • Understanding of the Customer Lifecyle in Banking.
  • Strong business drive and ability to mobilize organizational commitment and support for regional programs.
  • Regulatory Risk and Compliance.
  • Leadership skills and ability to deliver results, working with cross-functional and virtual teams. Good business understanding and working knowledge of Fraud Risk, Authentication, Payments, Analytics, Operations, Information Security and Technology.
  • Good verbal and written communications skills required in English

Job Family Group:
Risk Management
Job Family:
Operational Risk
Time Type:
Full time
Primary Location:
Wilmington Delaware United States
Primary Location Full Time Salary Range:
$114,720.00 - $172,080.00
In addition to salary, Citi's offerings may also include, for eligible employees, discretionary and formulaic incentive and retention awards. Citi offers competitive employee benefits, including: medical, dental & vision coverage; 401(k); life, accident, and disability insurance; and wellness programs. Citi also offers paid time off packages, including planned time off (vacation), unplanned time off (sick leave), and paid holidays. For additional information regarding Citi employee benefits, please visit citibenefits.com. Available offerings may vary by jurisdiction, job level, and date of hire.
Most Relevant Skills
Analytical Thinking, Controls Lifecycle, Credible Challenge, Governance, Policy, Procedure, and Regulation, Risk Management Lifecycle.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
Jul 02, 2026
Citi is an equal opportunity employer, and qualified candidates will receive consideration without regard to their race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by law.
If you are a person with a disability and need a reasonable accommodation to use our search tools and/or apply for a career opportunity review Accessibility at Citi.
View Citi's EEO Policy Statement and the Know Your Rights poster.
Citigroup Inc logo

About Citigroup Inc

Sourced by ZipRecruiter

We live in an increasingly complex world. Companies these days are either born global or are going global at record speed. Business and geopolitics are forging an entirely new dynamic and consumers now expect financial services to be a seamless part of their digital lives. Citi is a bank that’s uniquely positioned for this moment. Through our vast global network and our on-the-ground expertise, we can connect the dots, anticipate change and empathize the needs of our clients and customers in ways that other banks simply cannot. Citi's mission is to serve as a trusted partner to our clients by responsibly providing financial services that enable growth and economic progress. We have set expectations for how we must act to bring our mission to life. These expectations are at the heart of our Leadership Principles – we take ownership, we deliver with pride and we succeed together.

Industry

Banking and credit intermediation

Company size

5,001 - 10,000 Employees

Headquarters location

New York City, NY, US

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