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Operational Risk Jobs in Pennsylvania (NOW HIRING)

Head of Risk Strategy & Transformation

Philadelphia, PA ยท Hybrid

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Deep expertise in risk management frameworks, methodologies, and governance (e.g., enterprise risk, operational risk, financial risk, technology risk). * Proven track record of achieving results ...

Head of Risk, Market Services

Philadelphia, PA ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Partner as a trusted advisor to strengthen resilience, drive operational excellence and empower innovation to serve the interests of key Business stakeholders * Implement Nasdaq's Enterprise Risk ...

Specialist, Credit Risk

Pittsburgh, PA ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Partner with SMEs and cross-functional teams to strengthen compliance and governance, contribute to Credit Risk initiatives and enterprise projects, and reduce operational risk through improved ...

Specialist, Credit Risk

Pittsburgh, PA ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Partner with SMEs and cross-functional teams to strengthen compliance and governance, contribute to Credit Risk initiatives and enterprise projects, and reduce operational risk through improved ...

Contribute to shaping team strategy, vision, and operating model Required Qualifications * 5+ years of experience in technology risk, IT audit, cybersecurity risk, operational risk, or a related ...

This role supports informed business decision-making by translating complex technicalrisksinto business and operational impact.The Analyst independently leads risk assessments and partners closely ...

Showing results 41-60

Operational Risk information

See Pennsylvania salary details

$39.1K

$86K

$155.4K

How much do operational risk jobs pay per year?

As of Aug 17, 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.

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.

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 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 August 2026, with employment types broken down into 86% Full Time, 11% Part Time, and 3% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $86,046 per year, or $41.4 per hour.

Head of Risk Strategy & Transformation

Nasdaq

Philadelphia, PA โ€ข Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Job description

The Head of Risk Strategy & Transformation is a newly created, high-impact individual contributor role within Group Risk Management (GRM), reporting directly to the Chief Risk Officer. This role is responsible for shaping and driving Nasdaq's overall risk strategy and leading transformation initiatives that modernize how the risk organization operates.
This individual will serve as a strategic thought partner to the CRO and a challenger to legacy ways of working within the risk function. They will partner closely with enterprise, financial, technology, and division (business) risk leads to identify, design, and implement forward-looking risk capabilities-leveraging AI, automation, and advanced analytics to re-engineer risk processes and enhance the organization's ability to manage risk in an evolving landscape.
This is not a people management role. Success in this position requires exceptional influence, intellectual curiosity, and the ability to drive results through collaboration, credibility, and strategic vision across a matrixed organization.

Key Responsibilities

Risk Strategy

  • Develop, articulate, and drive execution of Nasdaq's enterprise-wide risk strategy in partnership with the CRO and senior risk leaders.

  • Identify emerging risks and opportunities presented by evolving technologies, market dynamics, and regulatory developments, and translate them into strategic priorities for the risk organization.

  • Serve as a strategic advisor to the CRO on risk operating model evolution, organizational capabilities, and long-term positioning of the risk function.

  • Create and maintain a multi-year risk transformation roadmap aligned with Nasdaq's corporate strategy.

Transformation & Innovation

  • Act as a challenger and disruptor to the status quo-critically evaluating existing risk processes, frameworks, and tools to identify opportunities for re-engineering and modernization.

  • Design and champion new ways of working that enhance risk assessment accuracy, efficiency, scalability, and speed-to-insight.

  • Stay at the forefront of industry trends in risk technology, AI/ML applications in risk management, and regulatory technology (RegTech).

Cross-Functional Partnership & Influence

  • Partner with enterprise risk, financial risk, technology risk, and business/division risk leads to ensure transformation initiatives are aligned, coordinated, and adopted across the function.

  • Influence decision-making at the senior leadership level through well-structured analysis, compelling narratives, and demonstrated expertise.

  • Act as a change agent, fostering a culture of continuous improvement, accountability, and innovation within Group Risk Management.

Qualifications

Required

  • 12+ years of experience in risk management within financial services, capital markets, financial technology, or exchange/market infrastructure organizations.

  • Deep expertise in risk management frameworks, methodologies, and governance (e.g., enterprise risk, operational risk, financial risk, technology risk).

  • Proven track record of achieving results through influence in a matrixed environment without direct reports-building consensus, driving adoption, and delivering outcomes across organizational boundaries.

  • Strong strategic thinking and analytical capabilities with the ability to translate complex risk concepts into actionable strategies and executive-level communications.

  • Excellent communication and presentation skills, with the ability to engage credibly with C-suite executives, regulators, and cross-functional leaders.

  • Bachelor's degree in Finance, Risk Management, Business Administration, or a related field.

Preferred

  • Master's degree (MBA, MS in Risk Management, or related advanced degree).

  • Professional certifications such as FRM, PRM, CFA, or equivalent.

  • Familiarity with regulatory expectations around AI governance, model risk management, and emerging technology risk.

  • Experience operating within a publicly traded, global technology or financial services company.

  • Knowledge of capital markets, clearing, exchange operations, or market surveillance risk domains.

  • Experience leading risk process re-engineering, transformation, or modernization initiatives leveraging technology, AI/ML, or automation.

This position will bebased in New York, NY, USAand offers the opportunity for a hybrid workarrangementat leastthreedays a week in-office, subject to change, providingflexibility and accessibility for qualified candidates.

Come as You Are

Nasdaq is an equal opportunity employer. We welcome applications from candidates of all backgrounds and identities.

We are committed to fostering an inclusive workplace where diverse perspectives, experiences, and identities are valued and celebrated.

We ensure that individuals with disabilities are provided with reasonable accommodation throughout the hiring process.

What We Offer

We're proud to offer a competitive rewards package that is meaningful, recognizes the unique needs of our employees and their families and incentivizes employees for their contribution to Nasdaq's overall success.

The base pay range for this role is $148,000 - $274,000. In addition to base salary, Nasdaq provides a generous annual bonus/commission (short-term incentive), and equity (long-term incentive), comprehensive benefits, and opportunity for growth. Exact compensation may vary based on several job-related factors that are unique to each candidate, including but not limited to: skill set, experience, education/training, business needs and market demands.

Nasdaq's programs and rewards are intended to allow our employees to:

  • Secure Wealth: 401(k) program with 6% employer match, Employee Stock Purchase Program with 15% discount, Student loan repayment program up to $10k, Company paid life and disability plans, Generous paid time off
  • Prioritize Health: Comprehensive medical, dental and vision coverage, Health spending account with employer contribution, Paid flex days to support mental wellbeing, Gym membership discounts
  • Care for Family: Hybrid home/office schedule (for most positions), Paid parental leave, Fertility benefits, Paid bereavement leave
  • Connect with Community: Company gift matching program, Employee resource groups, Paid volunteer days
  • Grow Career: Education Assistance Program, Robust job skills training and Professional development opportunities

For more information, visit Nasdaq Benefits & Rewards Career page.