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Operational Risk Salary Jobs (NOW HIRING)

Freddie Mac

Operational Risk Business Lead

Mclean, VA · On-site

$126K - $188K/yr

Do you have strong experience in operational risk and controls, change management, and reporting ... The final salary offered will generally fall within this range and is dependent on various factors ...

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How much do operational risk salary jobs pay per year?

As of Jul 13, 2026, the average yearly pay for operational risk salary in the United States is $120,706.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,500.00 and $159,000.00 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.
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What cities are hiring for Operational Risk Salary jobs? Cities with the most Operational Risk Salary job openings:
What states have the most Operational Risk Salary jobs? States with the most job openings for Operational Risk Salary jobs include:
What job categories do people searching Operational Risk Salary jobs look for? The top searched job categories for Operational Risk Salary jobs are:
Operational Risk Salary jobs near you
Infographic showing various Operational Risk Salary job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $120,706 per year, or $58 per hour.
Operational Risk Business Lead

Operational Risk Business Lead

Freddie Mac

Mclean, VA • On-site

$126K - $188K/yr

Full-time

Re-posted 15 days ago

Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
Are you eager to make an impact in a fast-paced, agile environment? Do you have strong experience in operational risk and controls, change management, and reporting, along with analytical and interpersonal skills and knowledge of Single-Family Acquisitions (SFA) or mortgage markets?
If you are curious, passionate about learning, and customer-focused, apply for the Operational Risk Business Lead to help lead SFA Risk Management.
Our Impact:
The Single-Family Acquisitions Operational Risk team is responsible for working with management to effectively handle Operational Risk.
Your Impact:
In this role, you will work with SF Acquisitions business process owners to:
  • Lead risk assessment reviews and governance activities for significant changes
  • Create and prepare change management reporting for SFA
  • Support the business during the lifecycle of a significant change
  • Update and maintain all procedures, job aids and templates used within the change management process
  • Evaluate applicability of corporate standards and FHFA directives against initiatives
  • Challenge status quo. Identify opportunities to improve and streamline processes, including reporting and process automation.
  • Periodically participate in operational risk-related projects that impact the SF Acquisitions division.

Qualifications:
  • Minimum 8 years of relevant experience with a minimum of 3-4 years of operational risk management and/or audit experience
  • Bachelor's Degree or equivalent
  • Extensive experience with risks and controls
  • Strong Proficiency in MS Office Suite (Excel, PowerPoint, Word, Outlook)
  • Relationship Management skills including influencing others, facilitating meetings, engaging partners, building relationship networks, and resolving conflict
  • Relevant professional certifications (PMP, CPA, CISA, CIA, Six Sigma, etc.) are a plus

Keys to Success in this Role:
  • Results driven
  • Problem-solving, critical thinking, and analytical skills
  • Strong oral and written communication skills, including the ability to ask insightful questions
  • Naturally curious and passion for learning
  • Team player with a positive attitude

Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $126,000 - $188,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.
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About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970

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