1

Operational Risk Jobs in New Jersey (NOW HIRING)

The ideal candidate will primarily focus on risk identification, mitigation and reporting associated with the development and operation of the exchange trading systems, support infrastructure and ...

next page

Showing results 1-20

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 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 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.
Markets Business Risk Advisor, Financing and Portfolio Solutions, Vice President

Markets Business Risk Advisor, Financing and Portfolio Solutions, Vice President

State Street Global Advisors

Jersey City, NJ โ€ข On-site

$120K - $210K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago


Job description

Markets Business Risk Advisor, Financing and Portfolio Solutions, Vice President

Markets Business Risk Advisor, Financing and Portfolio Solutions, Vice President

Role Overview

The Markets Business Risk Advisor, Financing and Portfolio Solutions, Vice President will serve as a senior Business Risk and Control leader supporting regulated activities across Financing Solutions, Portfolio Solutions, and adjacent Markets businesses. This role partners closely with Front Office, Operations, Technology, Compliance, and Legal to ensure a strong, regulatorready non-operational risk and control framework across trading, financing, and posttrade activities.

The VP will act as a trusted advisor to senior business leadership, balancing commercialobjectiveswith disciplined non-financial risk management, regulatory compliance, and operational resiliency.

Key Responsibilities

Business & Trading Environment Risk Leadership

  • Serve as a Culture Champion for Risk Excellence by leading regular business unit aligned Risk Forums, identifying emerging risks, supporting self-identification of issues, recognizing training needs and operating as the primary point of escalation for any non-financial risk concerns in the business unit.
  • Lead business unit applicable risk assessments, operational key risk indicator (ORKI) identification and oversight and resulting control design and implementation activities.
  • Act as a credible risk partner to Front Office leadership, with the ability to challenge constructively while enabling responsible business growth.

Regulatory Risk

  • Support operational risk management for activities subject toSEC, FINRA, Federal Reserve, and global brokerdealer regulatory frameworks
  • Advise on control design and effectiveness related to:
  • Trade execution and booking
  • Market conduct and surveillance
  • Margin, collateral, and financing activities
  • Lead responses to regulatory exams, audits, and internal reviews affecting Financial Solutions and Portfolio Solutions

Control Framework & Issue Management

  • Design, enhance, and overseeendtoend control frameworksacross fronttoback trading and financing processes
  • Own or support remediation of control gaps, operational risk incidents, and regulatory findings, ensuring sustainable and welldocumented solutions
  • Partner with Operations and Technology to assess control impacts from system changes, new products, and process transformations

Portfolio & Change Advisory

  • Provide risk input intonew product approvals, business expansions, and strategic change initiatives
  • Evaluate operational readiness, scalability, and risk implications of new trading models, financing structures, or portfolio solutions
  • Translate complex risk concepts into clear, decisionready guidance for senior stakeholders

Leadership & Stakeholder Management

  • Build strong relationships with senior leaders across Markets, Financial Solutions, Portfolio Solutions, Compliance, Legal, Technology, and Operations
  • Contribute to governance forums, risk committees, and senior management discussions
  • Mentor junior risk professionals and promote a culture of risk excellence and accountability

Preferred Experience & Qualifications

  • 10+ yearsof experience in financial services, with experience in a securities finance, equity total return swaps, or trading execution businesses.
  • Good knowledge or experience of working in risk, compliance and/or audit functions within the financial
  • Strong understanding of:
  • Trade lifecycle and market infrastructure
  • Brokerdealer regulatory expectations
  • Fronttoback operational and control processes
  • Proven ability tooperateeffectively withFront Office stakeholdersand senior leadership
  • Experience managing regulatory exams, audits, or control remediation within a markets or brokerdealer context
  • Excellent written and verbal communication skills, with the ability to influence at senior levels

Salary Range:

$120,000 - $210,000 Annual

The range quoted above applies to the role in the primary location specified. If the candidate would ultimately work outside of the primary location above, the applicable range could differ.

Employees are eligible to participate in State Street's comprehensive benefits program, which includes: our retirement savings plan (401K) with company match; insurance coverage including basic life, medical, dental, vision, long-term disability, and other optional additional coverages; paid-time off including vacation, sick leave, short term disability, and family care responsibilities; access to our Employee Assistance Program; incentive compensation including eligibility for annual performance-based awards (excluding certain sales roles subject to sales incentive plans); and, eligibility for certain tax advantaged savings plans.

For a full overview, visit https://hrportal.ehr.com/statestreet/Home.

About State Street

Across the globe, institutional investors rely on us to help them manage risk, respond to challenges, and drive performance and profitability. We keep our clients at the heart of everything we do, and smart, engaged employees are essential to our continued success.

We are committed to fostering an environment where every employee feels valued and empowered to reach their full potential. As an essential partner in our shared success, you'll benefit from inclusive development opportunities, flexible work-life support, paid volunteer days, and vibrant employee networks that keep you connected to what matters most. Join us in shaping the future.

As an Equal Opportunity Employer, we consider all qualified applicants for all positions without regard to race, creed, color, religion, national origin, ancestry, ethnicity, age, disability, genetic information, sex, sexual orientation, gender identity or expression, citizenship, marital status, domestic partnership or civil union status, familial status, military and veteran status, and other characteristics protected by applicable law.

Discover more information on jobs at StateStreet.com/careers

Read our CEO Statement

Job Application Disclosure:

It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.