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Operational Risk Jobs in New Jersey (NOW HIRING)

Partner with crossfunctional teams to integrate riskbased thinking into operational and quality decisionmaking. * Support internal and external audits and inspections by preparing risk assessments ...

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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 Sep 3, 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.

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.

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 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 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.

Is operational risk management a good career?

Operational risk management is a valuable career path in finance and banking, focusing on identifying and mitigating risks related to daily business operations. It requires strong analytical skills, knowledge of risk frameworks, and often certifications like FRM or ORM. The role offers opportunities for advancement and stability in regulated industries.

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:

Infographic showing various Operational Risk job openings in New Jersey as of August 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $87,147 per year, or $41.9 per hour.

Director, Risk and Controls Self-Assessment (RCSA)

Fiserv, Inc.

Berkeley Heights, NJ • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

This job post has expired today. Applications are no longer accepted.


Fiserv rating

7.7

Company rating: 7.7 out of 10

Based on 95 frontline employees who took The Breakroom Quiz

104th of 152 rated financial services


Job description

Calling all innovators - find your future at Fiserv.
We're Fiserv, a global leader in Fintech and payments, and we move money and information in a way that moves the world. We connect financial institutions, corporations, merchants and consumers to one another millions of times a day - quickly, reliably, and securely. Any time you swipe your credit card, pay through a mobile app, or withdraw money from the bank, we're involved. If you want to make an impact on a global scale, come make a difference at Fiserv.
Job Title
Director, Risk and Controls Self-Assessment (RCSA)
About your role:
Lead the enterprise Risk and Control Self-Assessment (RCSA) Program as a core component of the Operational Risk Management Framework. Partner with business leaders, Line of Business Risk Officers, process owners, Compliance, Technology Risk, Internal Audit, and other assurance functions to maintain a current, evidence-based view of operational risk and control effectiveness. Strengthen governance, improve decision-ready reporting, and drive scalable, technology-enabled risk management capabilities across the enterprise.
What you'll do:
  • Lead the end-to-end enterprise RCSA lifecycle, including scoping, process and risk identification, inherent risk assessment, control mapping, control design review, operating effectiveness assessment, residual risk determination, challenge, approval, reporting, and remediation tracking.
  • Maintain and improve RCSA standards, procedures, playbooks, rating criteria, evidence requirements, templates, calendars, governance forums, and role accountability across process owners, control owners, and first-line teams.
  • Evaluate program effectiveness through quality assurance, scoring calibration, data quality reviews, coverage analysis, maturity assessments, and independent validation.
  • Drive RCSA modernization by simplifying assessments, improving process-level insight, automating workflow and evidence capture, strengthening data lineage, and enabling trigger-based reassessments where appropriate.
  • Integrate RCSA results with risk appetite, issues, operational risk events, control testing, key risk indicators, scenario analysis, business change, third-party risk, technology risk, and operational resilience reporting.
  • Challenge residual risk conclusions, escalation decisions, and remediation plans using testing results, issue history, event data, metrics, and other documented evidence.
  • Present risk insights, program performance, and recommendations to executive leadership, governance committees, auditors, and regulators.
  • Responsibilities listed are not intended to be all-inclusive and may be modified as necessary.

Experience you'll need to have:
  • 6+ years of experience in operational risk management, enterprise risk management, internal audit, compliance, financial services risk, or a related discipline.
  • Experience designing, executing, and enhancing enterprise RCSA programs, including process scoping, risk taxonomy, inherent and residual risk scoring, control design assessment, operating effectiveness assessment, remediation, and governance.
  • Experience presenting risk insights, program updates, and recommendations to executive leadership, governance committees, auditors, and regulators.
  • Experience using Governance, Risk, and Compliance (GRC) platforms such as Archer, ServiceNow GRC, OneTrust, or similar solutions.
  • Experience developing reporting and analysis using Power BI, Tableau, or similar analytics tools.
  • Bachelor's degree or higher in Business, Finance, Accounting, Economics, Risk Management, or a related field, or equivalent combination of education, related experience and/or military experience.

Experience that would be great to have:
  • Master's degree, Juris Doctor, or similar advanced education in a related field, or equivalent combination of education, related experience and/or military experience.
  • Professional certification such as Certified in Risk and Information Systems Control (CRISC), Financial Risk Manager (FRM), Certified Information Systems Auditor (CISA), Certified Regulatory Compliance Manager (CRCM), Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or a similar credential.
  • Experience supporting regulatory examinations, audit remediation, program transformation, and maturity improvement initiatives.
  • Experience connecting RCSA outputs to operational resilience, third-party risk, and technology risk programs.

How you'll work:
  • This role is on-site Monday through Friday. Fiserv considers in-person collaboration to be an essential part of this role as in-person office experiences help you with your overall onboarding experience and leads to stronger productivity.
  • This role requires use of a computer and audio equipment.

Sponsorship:
You must currently possess valid and unrestricted U.S. work authorization to be considered for this role. Individuals with temporary visas including, but not limited to, F-1 (OPT, CPT, STEM), H-1B, H-2, or TN, or any candidate requiring sponsorship, now or in the future, will not be considered for this role.
Benefits at Fiserv:
  • Fuel Your Life program to support your physical, financial, social, and emotional well-being.
  • Paid holidays and generous time away policies.
  • No-cost mental health support through Employee Assistance Programs.
  • Living Proof program to recognize your peers' extra effort with points redeemable for rewards.
  • Eight Employee Resource Groups to foster a collaborative culture and expand your network.
  • Unparalleled professional growth with training, development, and internal mobility opportunities.
  • Medical, dental, vision, life, and disability insurance options available from day one.
  • Retirement planning including 401k match and discounted shares with the Employee Stock Purchase Plan.
  • Tuition assistance and reimbursement program.
  • Paid parental and military leave.

#LI-CR1
Salary Range
$114,000.00 - $192,000.00
These pay ranges apply to employees in New Jersey and New York. Pay ranges for employees in other states may differ.
It is unlawful to discriminate against a prospective employee due to the individual's status as a veteran.
For incentive eligible associates, the successful candidate is eligible for an annual incentive opportunity which may be delivered as a mix of cash bonus and equity awards in the Company's sole discretion.
Thank you for considering employment with Fiserv. Please:
  • Apply using your legal name
  • Complete the step-by-step profile and attach your resume (either is acceptable, both are preferable).

Our commitment to Equal Opportunity:
Fiserv is proud to be an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, national origin, gender, gender identity, sexual orientation, age, disability, protected veteran status, or any other category protected by law.
If you have a disability and require a reasonable accommodation in completing a job application or otherwise participating in the overall hiring process, please contact AskHR.US@fiserv.com. Please note our AskHR representatives do not have visibility to your application status. Current associates who require a workplace accommodation should refer to Fiserv's Disability Accommodation Policy for additional information.
Note to agencies:
Fiserv does not accept resume submissions from agencies outside of existing agreements. Please do not send resumes to Fiserv associates. Fiserv is not responsible for any fees associated with unsolicited resume submissions.
Warning about fake job posts:
Please be aware of fraudulent job postings that are not affiliated with Fiserv. Fraudulent job postings may be used by cyber criminals to target your personally identifiable information and/or to steal money or financial information. Any communications from a Fiserv representative will come from a legitimate Fiserv email address.

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About Fiserv

Sourced by ZipRecruiter

Fiserv is a global leader in fintech and payments for over 35 years serving thousands of financial institutions and millions of businesses in more than 100 countries. Our Purpose is to deliver superior value for our clients through leading technology, targeted innovation, and excellence in everything we do as we process over 40% of the world's debit and credit transactions.

Industry

It services and software development

Company size

10,000+ Employees

Headquarters location

Brookfield, WI, US

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