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Operational Risk Jobs in Mahopac, NY (NOW HIRING)

Experience owning shiftbased operations with advanced tools, tightly coupled processes, and high operational risk. * Background in structured problem solving, performance management, and operational ...

Experience owning shiftbased operations with advanced tools, tightly coupled processes, and high operational risk. * Background in structured problem solving, performance management, and operational ...

... operations across more than 70 countries. As a leader in outsourced aviation logistics, we're built ... File for recovery under AAWW's aviation insurance. * Assist Director, Risk Management in all ...

Execute and enhance risk-based supplier assessments, including data security, privacy, operational resilience, regulatory compliance, financial stability, and materiality considerations. * Ensure ...

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Operational Risk information

See Mahopac, NY salary details

$40.1K

$88.2K

$159.2K

How much do operational risk jobs pay per year?

As of Jun 29, 2026, the average yearly pay for operational risk in Mahopac, NY is $88,170.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,300.00 and $107,300.00 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 a job context 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 often involves implementing controls, training, and monitoring to ensure smooth operations.

How much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

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 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, which can offer 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 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 Mahopac, NY? The most popular types of Operational Risk jobs in Mahopac, NY are:
What cities near Mahopac, NY are hiring for Operational Risk jobs? Cities near Mahopac, NY with the most Operational Risk job openings:
Operational Due Diligence Associate Manager

Operational Due Diligence Associate Manager

Willis Towers Watson (WTW)

Stamford, CT • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 28 days ago


Key responsibilities

  • Conduct initial and ongoing operational due diligence reviews of asset managers across various asset classes.

  • Produce high quality operational due diligence reports with clear, concise opinions.

  • Review fund documentation, trading systems, pricing procedures, and research middle and back office functions of investment managers.


Willis Towers Watson rating

8.3

Company rating: 8.3 out of 10

Based on 43 frontline employees who took The Breakroom Quiz

40th of 139 rated financial services


Job description

We currently have an opportunity for an Associate Manager within our Operational Due Diligence (ODD) Team in Chicago, IL or Charlotte, NC. You will work closely with other Associates and Consultants and will assist with the timely delivery of ODD reports and projects. Please note that this role may include some future travel within the U.S. Support and training will be provided.

The Role

  • Conducting initial and ongoing operational due diligence reviews of asset managers, across a variety of asset classes, including; hedge funds, long-only, private equity and real-estate
  • Producing high quality ODD reports, which include clear, concise opinions
  • Researching the middle and back office functions of various investment managers
  • Reviewing selected fund managers' trading systems and pricing procedures
  • Reviewing fund documentation including audited financial reports, internal controls reports, fund legal documents
  • Collating and assimilating data to help respond to consultant and client queries

Performance Objectives

Clients

  • Complete ODD reports in a timely manner, including submission and presentation to the Voting Committee members
  • Assist on advisory client projects to meet or exceed client expectations
  • Work with client consulting teams on client queries and any special consulting projects

Financial

  • Support the generation of new business as part of the broader team

Excellence

  • Interview and evaluate investment managers for operational risk
  • Support senior team members in the provision of first-class advice
  • Directly contribute to clients' success through applying your technical expertise
  • Contribute to the development of new tools and approaches

People

  • Build relationships internally and collaborate effectively with other internal teams
  • Demonstrate natural ease and effectiveness when dealing with clients/colleagues at all levels
  • Undergraduate degree, or equivalent qualification
  • Financial services experience; ODD experience advantageous
  • Excellent written and verbal communication skills; ability to formulate and support a documented thesis and form opinions
  • Understanding of operational processes and risks
  • Well organised and detail oriented; ability to execute with accuracy
  • Team player, comfortable in a professional services environment.
  • Experience successfully managing multiple projects, producing quality deliverables on time and within budget.

    Note: Employment-based non-immigrant visa sponsorship and/or assistance is not offered for this specific job opportunity. 

    This position will remain posted for a minimum of three business days from the date posted or until a sufficient/appropriate candidate slate has been identified.

Compensation and Benefits 
Base salary range and benefits information for this position are being included in accordance with requirements of various state/local pay transparency legislation. Please note that salaries may vary for different individuals in the same role based on several factors, including but not limited to location of the role, individual competencies, education/professional certifications, qualifications/experience, performance in the role and potential for revenue generation (Producer roles only).

Compensation
The base salary compensation range being offered for this role is $76,000.00 - $95, 000.00 USD annually.
This role is also eligible for an annual short-term incentive bonus.

Company Benefits
WTW provides a competitive benefit package which includes the following (eligibility requirements apply):

  • Health and Welfare Benefits: Medical (including prescription coverage), Dental, Vision, Health Savings Account, Commuter Account, Health Care and Dependent Care Flexible Spending Accounts, Group Accident, Group Critical Illness, Life Insurance, AD&D, Group Legal, Identify Theft Protection, Wellbeing Program and Work/Life Resources (including Employee Assistance Program)
  • Leave Benefits: Paid Holidays, Annual Paid Time Off (includes state/local paid leave where required), Short-Term Disability, Long-Term Disability, Other Leaves (e.g., Bereavement, FMLA, ADA, Jury Duty, Military Leave, and Parental and Adoption Leave), Paid Time Off (only included for Washington roles)
  • Retirement Benefits: Qualified contributory pension plan (if eligible) and 401(k) plan with annual nonelective company contribution. Non-qualified retirement plans available to senior level colleagues who satisfy the plans' eligibility requirements.

Pursuant to the San Francisco Fair Chance Ordinance and Los Angeles County Fair Chance Ordinance for Employers, we will consider for employment qualified applicants with arrest and conviction records.

At WTW, we trust you to know your work and the people, tools and environment you need to be successful. The majority of our colleagues work in a "hybrid" style, with a mix of remote, in-person and in-office interactions dependent on the needs of the team, role and clients. Our flexibility is rooted in trust and "hybrid" is not a one-size-fits-all solution.

We understand flexibility is key to supporting an inclusive and diverse workforce and so we encourage requests for all types of flexible working as well as location-based arrangements. Please speak to your recruiter to discuss more.

EOE, including disability/vets


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