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Operational Risk Jobs in Pennsylvania (NOW HIRING)

The Senior Risk Analyst works independently on defined activities, and initiatives while collaborating closely with cross-functional partners (e.g., IT, Operations, Finance, Compliance, and HR). This ...

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Operational Risk information

See Pennsylvania salary details

$39.1K

$86K

$155.4K

How much do operational risk jobs pay per year?

As of Jul 6, 2026, the average yearly pay for operational risk in Pennsylvania is $86,046.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,700.00 and $104,800.00 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 are the 4 operational risks?

Operational risk in the context of operational risk roles refers to the potential for loss resulting from inadequate or failed internal processes, people, systems, or external events. The four main types are process risk, people risk, systems risk, and external event risk. Managing these risks involves implementing controls, monitoring, and compliance measures to minimize impact.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

What is an operational risk job?

An operational risk job involves identifying, assessing, and managing risks arising from internal processes, people, systems, or external events that could disrupt business operations. Professionals in this field analyze data, develop risk mitigation strategies, and often use tools like risk management software to ensure organizational stability and compliance.

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 risk advisory a good career?

Risk advisory is a viable career path within the broader field of operational risk management, focusing on identifying and mitigating organizational risks. It often requires strong analytical skills, knowledge of industry regulations, and certifications such as FRM or CRM. The role offers opportunities for advancement and specialization in areas like compliance, cybersecurity, and financial risk.

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 Pennsylvania? The most popular types of Operational Risk jobs in Pennsylvania are:
What are popular job titles related to Operational Risk jobs in Pennsylvania? For Operational Risk jobs in Pennsylvania, the most frequently searched job titles are:
What job categories do people searching Operational Risk jobs in Pennsylvania look for? The top searched job categories for Operational Risk jobs in Pennsylvania are:
Infographic showing various Operational Risk job openings in Pennsylvania as of July 2026, with employment types broken down into 79% Full Time, 17% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 91% Physical, 5% Hybrid, and 4% Remote job distribution, with an average salary of $86,046 per year, or $41.4 per hour.
Risk Director, Office of the General Counsel (OGC) and Enterprise Growth

Risk Director, Office of the General Counsel (OGC) and Enterprise Growth

Vanguard Group, Inc.

Malvern, PA • On-site

Full-time

Posted 7 days ago


Vanguard rating

8.7

Company rating: 8.7 out of 10

Based on 60 frontline employees who took The Breakroom Quiz

16th of 146 rated financial services


Job description

Overview
The Risk Director for the Office of the General Counsel (OGC) and Enterprise Growth plays a critical leadership role in shaping and advancing the risk management agenda for two of Vanguard's most strategically important and dynamic divisions. This role is responsible for leading the identification, assessment, mitigation, and ongoing monitoring of key strategic, operational, regulatory, and emerging risks, ensuring they are effectively managed in alignment with Vanguard's enterprise risk framework and long-term growth objectives.
As a senior leader within the Enterprise Risk Management (ERM) organization, this individual will serve as a trusted advisor to executive leadership, providing independent oversight, credible challenge, and forward-looking risk insights. The Risk Director will partner closely with senior business, legal, and compliance leaders to enable risk-informed decision-making while supporting innovation, growth, and sound governance. In addition, this role contributes to ERM leadership by helping drive departmental priorities, strengthening risk culture, and ensuring the delivery of outcomes that advance Vanguard's enterprise-wide risk management strategy.
Key Responsibilities
  • People Leadership and Talent Development
    Leads, develops, and manages a team of risk professionals. Responsible for hiring, performance management, coaching, and talent development, fostering a high-performing and inclusive environment. Sets performance standards, reviews performance, and makes compensation decisions in accordance with Human Resources policies and procedures.
  • Risk Governance and Council Leadership
    Leads and facilitates risk councils and governance forums for OGC and Enterprise Growth, with a focus on the effective management of top risks. Partners with senior leaders to help define risk appetite, establish key risk indicators (KRIs), and ensure appropriate escalation, transparency, and oversight.
  • Enterprise and Divisional Risk Oversight
    Engages and leads risk efforts covering critical enterprise risks impacting Legal and Enterprise Growth activities. Provides credible challenge and strategic guidance to business leaders and helps design and implement mitigation strategies to manage and monitor those risks.
  • Business Controls and Operational Risk Management
    Oversees and helps design business control oversight activities across multiple business lines. Identifies, measures, and monitors operational risk, providing clarity on policies, procedures, internal controls, risk management practices, and reporting mechanisms.
  • Control Management and Oversight Programs
    Leads the development, implementation, and ongoing management of control management and risk mitigation programs. Makes key decisions that provide strategic direction for business controls, ensuring alignment with industry best practices, defined standards, and applicable regulatory expectations.
  • Control Assessments and Effectiveness
    Owns periodic assessments of key controls across both divisions. Provides leadership to business partners on control design and effectiveness and drives strategies to increase control maturity, consistency, and resilience.
  • Enterprise Growth Risk Leadership
    Provides cross-enterprise leadership on Enterprise Growth risks that span multiple divisions. Partners with leaders across Vanguard to identify emerging risks, assess impacts, and support risk-informed decision-making for growth initiatives.
  • Stakeholder Engagement and Risk Culture
    Builds and maintains strong strategic relationships with senior leaders, business partners, and risk stakeholders. Champions risk awareness, ownership, and accountability, helping embed a strong, risk-smart culture across OGC, Enterprise Growth, and the broader enterprise.
  • Regulatory and Industry Expertise
    Maintains expert-level knowledge of Vanguard's policies, objectives, and business model, as well as relevant industry and regulatory developments. Reviews current and emerging regulatory requirements to ensure effective controls, procedures, and oversight mechanisms are in place.

Qualifications
  • Minimum of 10 years of related professional experience in risk management, legal, compliance, controls, or a related field; people-leadership experience strongly preferred.
  • Prior second- or third-line risk experience is valuable but not required; strong understanding of enterprise risk frameworks and lines of defense is expected.
  • Demonstrated ability to influence senior leaders, operate effectively in complex and evolving environments, and provide credible challenge.
  • Bachelor's degree required or equivalent combination of education and experience; graduate degree preferred (e.g., JD, MBA, or relevant master's degree).

Special Factors
Sponsorship
Vanguard is not offering visa sponsorship for this position.
About Vanguard
At Vanguard, we don't just have a mission-we're on a mission.
To work for the long-term financial wellbeing of our clients. To lead through product and services that transform our clients' lives. To learn and develop our skills as individuals and as a team. From Malvern to Melbourne, our mission drives us forward and inspires us to be our best.
How We Work
Vanguard has implemented a hybrid working model for the majority of our crew members, designed to capture the benefits of enhanced flexibility while enabling in-person learning, collaboration, and connection. We believe our mission-driven and highly collaborative culture is a critical enabler to support long-term client outcomes and enrich the employee experience.

What Vanguard employees say

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