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Operational Risk Jobs in New Jersey (NOW HIRING)

First Bank

Senior Risk Manager

Hamilton, NJ · On-site

Duties & Responsibilities: • Oversee all enterprise risk management which incorporates programs for credit, market, compliance, and operational risk management. • Monitor the organization's risk ...

SHI

Director - Risk Management

Somerset, NJ · On-site

Third-Party& Operational Risk * Design and maturethird-partyrisk segmentation, due diligence, and lifecycle oversight. * Coordinate with InfoSec and Privacy on security and data protection ...

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All JobsOperational Risk JobsOperational Risk Jobs in New Jersey

Operational Risk information

See New Jersey salary details

$39.6K

$87.1K

$157.4K

How much do operational risk jobs pay per year?

As of Jun 9, 2026, the average yearly pay for operational risk in New Jersey is $87,147.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,500.00 and $106,100.00 per year, depending on experience, location, and employer.

How does an Operational Risk professional typically interact with other departments within an organization?

Operational Risk professionals work closely with a variety of teams, such as compliance, internal audit, IT, and business units, to identify and assess risks that could impact the organization's operations. They often facilitate risk assessments, lead training sessions on risk awareness, and collaborate on developing controls and mitigation strategies. Building strong relationships and communicating effectively across departments is essential, as much of the role involves influencing others and ensuring risk management practices are integrated into daily operations.

What is operational risk?

Operational risk refers to the potential for losses resulting from inadequate or failed internal processes, people, systems, or external events. Unlike credit or market risk, operational risk is related to the day-to-day operations of a business and can include issues such as fraud, system failures, natural disasters, or human error. Managing operational risk is essential for organizations to ensure business continuity, regulatory compliance, and to protect their reputation and assets.

What is the difference between Operational Risk vs Credit Analyst?

AspectOperational RiskCredit Analyst
Required CredentialsCertifications like FRM, PRM often preferredCertifications such as CFA, credit-specific courses
Work EnvironmentBanking, financial institutions, risk management departmentsBanking, lending institutions, financial services
Employer & Industry UsageUsed across financial sectors to manage risksUsed in lending to assess creditworthiness
Comparison Search IntentUnderstanding risk management rolesAssessing credit risk and loan eligibility

Operational Risk focuses on identifying and mitigating risks within business operations, including processes, systems, and people. Credit Analysts evaluate the creditworthiness of individuals or companies to determine loan eligibility. While both roles are within the financial industry, Operational Risk professionals concentrate on risk management frameworks, whereas Credit Analysts focus on credit assessment and lending decisions.

What are the key skills and qualifications needed to thrive as an Operational Risk professional, and why are they important?

To thrive as an Operational Risk professional, you need strong analytical skills, risk assessment expertise, and a background in finance, business, or risk management, often supported by relevant certifications such as FRM or ORM. Familiarity with risk management frameworks, data analysis tools, and governance, risk, and compliance (GRC) systems is typically required. Exceptional communication, attention to detail, and problem-solving abilities are crucial soft skills for identifying risks and collaborating across departments. These skills ensure that operational risks are effectively identified, assessed, and mitigated, protecting the organization from potential losses and regulatory issues.
What are the most commonly searched types of Operational Risk jobs in New Jersey? The most popular types of Operational Risk jobs in New Jersey are:
What are popular job titles related to Operational Risk jobs in New Jersey? For Operational Risk jobs in New Jersey, the most frequently searched job titles are:
What job categories do people searching Operational Risk jobs in New Jersey look for? The top searched job categories for Operational Risk jobs in New Jersey are:
What cities in New Jersey are hiring for Operational Risk jobs? Cities in New Jersey with the most Operational Risk job openings:
Operational Risk jobs near you
Infographic showing various Operational Risk job openings in New Jersey as of June 2026, with employment types broken down into 83% Full Time, and 17% Part Time. Highlights an 100% In-person job distribution, with an average salary of $87,147 per year, or $41.9 per hour.
Futures & Derivatives Clearing Ops In-Business Risk & Control Hybrid

Futures & Derivatives Clearing Ops In-Business Risk & Control Hybrid

Citigroup, Inc.

Jersey City, NJ • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago

Job description

Citi's Markets Operations group provides a full suite of strategic advisory and financing products to multinational and local corporations, financial and public sector institutions, governments, privately held businesses, and many of the world's most successful and influential individuals and families in more than 160 countries and jurisdictions. We provide world-class financial products and services as diverse as the needs of the thousands of corporations, institutions, governments and investors we serve. With trading floors in more than 80 countries, Citi works to enrich the relationships, products and technology that define our market-making presence. The breadth, depth and strength of our sales and trading, distribution and research capabilities span a broad range of asset classes, currencies, sectors and products - including Equities, Commodities, Credit, Futures, Foreign Exchange (FX), Emerging Markets, G10 Rates, Municipals, Prime Finance and Securitized Markets.
Citi's Futures and Derivatives Clearing (FDC) business consolidates Futures, OTC Derivatives and FX Prime Brokerage activity to provide clients with comprehensive and consistent service experience. Citi Futures is one of the world's largest participants in exchange-traded derivative markets and has also established itself as a market leader in the evolving OTC Clearing world.
AVP - FDC Operations - In Business Risk and Control Officer
Citi is seeking an AVP candidate within Markets Operations supporting our Exchange Traded Derivatives, OTC Clearing, and FX Prime Brokerage business. The candidate will support FDC Operations and the In-Business Risk and Control (IBR) Global Manager in maintaining a strong control environment and risk-aware culture. The role focuses on assisting with risk identification, control monitoring, issue management, and governance activities to ensure operational processes operate in line with firm policies, standards, and regulatory expectations.
Responsibilities:
Risk & Control Support
  • Assist in identifying inherent operational and compliance risks within assigned operational processes.
  • Lead process walkthroughs to understand end to end workflows, risks, and key controls.
  • Help assess control design and operating effectiveness in line with firmwide control standards.

Manager Control Assessment (MCA) & Governance
  • Assist with the preparation, execution, and quality assurance of Manager Control Assessments (MCA)
  • Support control owners with evidence collection, tracking, and timely completion of MCA deliverables.
  • Perform basic quality checks (QC) to ensure MCA inputs are complete, accurate, and aligned to standards.
  • Help track governance milestones, attestations, and required approvals.

Issue & Event Management
  • Support the identification, documentation, and tracking of control issues and operational risk events.
  • Assist in performing root cause analysis by gathering data, process details, and supporting documentation.
  • Maintain issue tracker and monitor remediation actions to support timely and sustainable closure.
  • Escalate delays, data gaps, or emerging risks to senior team members as appropriate.

Monitoring, Reporting & Analysis
  • Assist in preparing routine risk and control reporting for operations management.
  • Support analysis of trends related to issues, risk events, and control performance.

Audit, Compliance & Policy Support
  • Support Operations management in preparing for internal audits and regulatory reviews.
  • Assist in responding to Audit or Compliance information requests by coordinating documentation.
  • Help ensure awareness of relevant policy updates and procedural changes within the operations team.

Stakeholder Engagement & Continuous Improvement
  • Partner with Operations, Embedded Control Officers, Risk, Compliance, and other control functions to support day to day risk activities.
  • Participate in team initiatives focused on strengthening process governance and control resilience.
  • Support ad hoc projects related to risk, controls, governance, or process improvement.

Qualifications:
  • Foundational understanding of operational risk and internal controls, or strong interest in developing expertise in this area.
  • Strong attention to detail with the ability to follow structured processes and standards
  • Analytical mindset with the ability to identify inconsistencies, gaps, or potential risks.
  • Effective written and verbal communication skills.
  • Ability to manage multiple tasks in a time sensitive, high volume environment.
  • Collaborative approach with a willingness to learn from senior team members.
  • Working knowledge of Microsoft Office (Excel, Word, PowerPoint).

Education & Experience
  • Bachelor's degree (or equivalent experience) in Business, Finance, Risk Management, Operations, or a related field.
  • 2-5 years of experience in Operations, Risk & Control, Audit, Compliance, or a related discipline preferred.
  • Prior exposure to financial services operations or control environments is an advantage but not required.

Job Family Group:
Operations - Transaction Services
Job Family:
Securities and Derivatives Processing
Time Type:
Full time
Primary Location:
Jersey City New Jersey United States
Primary Location Full Time Salary Range:
$98,960.00 - $148,440.00
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
Please see the requirements listed above.
Other Relevant Skills
For complementary skills, please see above and/or contact the recruiter.
Anticipated Posting Close Date:
May 27, 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.

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