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Operational Risk Jobs in Washington, DC (NOW HIRING)

Principal Risk Specialist

Mclean, VA · On-site

$99K/yr

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... They will also evaluate current operations across the business to identify areas for enhancements.

Support the operation of the risk function by evaluating and analyzing risks of varying complexity. * Identify and implement approaches and solutions to mitigate risks. * Focus on specific types of ...

Principal Risk Specialist The Principal Risk Specialist is responsible for performing business ... They will also evaluate current operations across the business to identify areas for enhancements.

US-MD-Bethesda

Bethesda, MD · Hybrid

$114K - $192K/yr

The Operational Risk Manager drives and supports the Operational Risk Management framework, to enable the Bank to effectively identify, monitor, measure, and control its operational risk profile.

Support the operation of the risk function by evaluating and analyzing risks of varying complexity. * Identify and implement approaches and solutions to mitigate risks. * Focus on specific types of ...

Support the operation of the risk function by evaluating and analyzing risks of varying complexity. * Identify and implement approaches and solutions to mitigate risks. * Focus on specific types of ...

Support the operation of the risk function by evaluating and analyzing risks of varying complexity. * Identify and implement approaches and solutions to mitigate risks. * Focus on specific types of ...

The Enterprise Operations & Technology (EO&T) Risk Governance Team provides risk management support for the maturation of the EO&T division's model risk governance process, third-party vendor risk ...

As a member of the Business Continuity and Resilience Risk Management (BCRM) team within Operational Risk Management (ORM) in the Second Line of Defense, that's exactly what you'll do. Working with ...

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Showing results 1-20

Operational Risk information

See Washington, DC salary details

$44.2K

$97.2K

$175.6K

How much do operational risk jobs pay per year?

As of Jul 20, 2026, the average yearly pay for operational risk in Washington, DC is $97,221.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,200.00 and $118,400.00 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 Washington, DC? The most popular types of Operational Risk jobs in Washington, DC are:
What are popular job titles related to Operational Risk jobs in Washington, DC? For Operational Risk jobs in Washington, DC, the most frequently searched job titles are:
What job categories do people searching Operational Risk jobs in Washington, DC look for? The top searched job categories for Operational Risk jobs in Washington, DC are:
Infographic showing various Operational Risk job openings in Washington, DC as of July 2026, with employment types broken down into 83% Full Time, 16% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $97,221 per year, or $46.7 per hour.
Director, Sourcing and Operational Risk Management

Director, Sourcing and Operational Risk Management

Electric Power Research Institute, Inc.

Washington, DC

$175K - $210K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 18 days ago


Job description

Job Title:Director, Sourcing and Operational Risk ManagementLocation:Charlotte, NC, Dallas, TX, Knoxville, TN, Palo Alto, CA, Washington, D.C.Job Summary and Description:

The Director of Sourcing & Operational Risk Management reports to the Sr. Vice President of Finance and Chief Financial Officer providing strategic direction and oversight for global sourcing and procurement efforts to efficiently and effectively enable EPRI's spend managers (business units and Sectors) to maximize the value they receive from suppliers and vendors.  The Director works with Senior Management in developing and managing strategic sourcing plans across EPRI to ensure high service quality and leverage buying power to achieve cost efficiencies.   The Director also leads the Institute's insurance program, Environmental Health & Safety program and coordinates business continuity activities.

Duties and Responsibilities

  • Establishes and implements short- and long-range procurement organizational goals, objectives, strategic plans, policies, and operational procedures; monitors and evaluates programmatic and operational effectiveness, and effects changes required for improvement.
  • Oversees the development and implementation of category management strategy including RFP planning, vendor assessment and due diligence, negotiation of best 'total cost of ownership', supplier diversity, and vendor compliance monitoring.
  • Implements a rigorous and disciplined process for managing suppliers including leading periodic business reviews, monitoring and managing supplier performance, managing supplier relationships, developing and utilizing vendor score cards, performing root cause analysis and resolution, and developing and monitoring supplier improvement plans.
  • Identifies, quantifies and reports out on the realization of cost-saving and cost-reduction opportunities.
  • Provides business oversight to the procure-to-pay and sourcing contract lifecycle management processes in SAP.
  • Directs the Institute's Environmental Health and Safety program and staff
  • Oversees organizational compliance with local, state and federal EH&S regulations
  • Leads and ensures enforcement of safety regulations and codes in all EPRI facilities.
  • Measures and evaluates effectiveness of safety programs, using established goals and safety metrics.
  • Coordinates the Institute's Business Continuity Program
  • Builds the skills and competencies of staff by creating talent roadmaps to ensure that the right resources are available or are being developed. 
  • Participates on the Corporate Social Responsibility team and leads the Procurement team in the area of sustainable and socially responsible procurement strategies.
  • Manages the Institute's corporate insurance program.  Works with external broker to procure appropriate coverage and manage claims.

Education

Bachelor's degree in business, supply chain management, economics, finance, or a related area; Master's degree preferred.   A Certified Purchasing Manager (CPM) or Certified Professional in Supply Management (CPSM) would be a plus.

Knowledge and Skills

  • Demonstrated strong decision-making with bias for taking action and getting results.
  • Ability to analyze, identify and implement opportunities and initiatives for improvements that have measurable dollar impact each year.
  • Strong leadership skills, including demonstrated ability to lead change initiatives and cross-functional, multi-site initiatives.
  • Leadership of cross-functional teams for Procurement business initiatives
  • In-depth knowledge of the RFP process including developing a successful RFP, analyzing proposals, selecting the winning bid, and implementing a new vendor.
  • Solid operational management and general business savvy
  • Excellent written and verbal communication skills
  • Ability to articulate the procurement function's value and to run procurement as a service business
  • Strong negotiation skills for commercial contracts.
  • Knowledge of contract law and strong understanding of standard contractual terms and conditions to mitigate legal risk.
  • Strategic mindset and problem-solving skills.
  • Knowledge of enterprise risk management and business continuity planning.
  • Proficiency in Environmental Health and Safety regulations
  • Knowledge of insurance products and insurance program management
  • In-depth knowledge of subject matter principles and best practices, and the ability to stay current with industry developments.

Experience:   10 - 15 years of senior management experience in the Procurement/Sourcing function

The salary range for this position is $175,000 USD to $210,000 USD annually.This salary range is an estimate, and the actual salary may vary based on various factors, including without limitation applicant's education, experience, skills, and abilities, as well as internal equity and alignment with market data. The salary may also be adjusted based on applicant's geographic location.This role is eligible to participate in EPRI's annual incentive program. The amount of incentive varies and is subject to the terms and conditions of the plan.This role is eligible to participate in EPRI's standard employee benefit programs, which currently include the following: medical, dental, vision, 401k, STD/LTD and paid family leave, life and accident insurance, paid time off (flexible vacation, sick leave, and holiday pay).EPRI participates in E-Verify, an online system operated jointly by the Department of Homeland Security and the Social Security Administration (SSA). EPRI uses the system to check the work status of new hires by comparing information from the employee's I-9 form against SSA and Department of Homeland Security databases.EPRI is an equal opportunity employer. EEO/AA/M/F/VETS/DisabledTogether . . . Shaping the Future of Energy.www.epri.com