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Operational Risk Jobs in Washington, DC (NOW HIRING)

Principal Risk Manager 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.

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

Collaborate effectively across multiple organizations such as Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Operational Risk Sub-Steward organizations ...

Collaborate effectively across multiple organizations such as Operational Risk Management, Enterprise Risk Management, Compliance, Business Risk Offices, Operational Risk Sub-Steward organizations ...

Support 24x7 SOC operations by performing continuous vulnerability monitoring and risk analysis. * Execute vulnerability assessments using industry-standard scanning tools across networks, systems ...

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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 Jun 9, 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 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 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:
Business Resiliency Risk & Controls Senior

Business Resiliency Risk & Controls Senior

Freddie Mac

Mclean, VA

Full-time

Posted 10 days ago


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Continue your career journey where your work contributes to a greater purpose.

Position Overview:

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.

This role is in Governance and Business Services (GBS) and is part of 1st Line within the Multifamily Division at Freddie Mac in McLean, VA. GBS leads the division in managing operational risk, in compliance with the Corporate Enterprise Risk Management framework.

As Business Resiliency Risk & Controls Senior in GBS, you will support Multifamily Process Owners in managing operational resiliency risk facing their processes using an integrated approach for operational risk frameworks and in collaboration with the 2nd line, 3rd line and other business lines counterparts. You will get the opportunity to assess business impacts due to disruption, perform business continuity planning, design and execute business resiliency testing, and perform other operational resiliency risk management activities. This role will also present you a great opportunity to learn about our Multifamily business. The responsibilities of this role are time-sensitive and have a high-level of visibility within Multifamily and across the company.

Apply now to learn about our excellent benefits and why there's #moreatfreddiemac!

Our Impact:

  • Our team drives effective management of operational resiliency risk within the Multifamily division, in line with the corporate policies and standards, by proactively identifying, assessing, monitoring, and reporting on resiliency risk, engaging with business areas, and serving as trusted risk advisors.
  • We minimize the impact of business disruptions by executing comprehensive resiliency strategies-including testing, continuity planning, crisis management, and governance-while strengthening operational continuity through strong partnerships, process optimization, and sound risk management practices.
Your Impact:

As an integral part of our high-performance team, you will proactively assist the team in managing operational resiliency risk. Your primary responsibilities include:

  • Collaborate with business areas to understand, identify, analyze and document the potential impacts of business resiliency risks within their processes.
  • Prepare, conduct, and document business continuity plans for assigned business areas, ensuring compliance and readiness.
  • Design and develop business resiliency tests; partner with business areas to execute these tests, analyze results, and document lessons learned to drive continuous improvement.
  • Support the team in meeting management metrics, reporting, and corporate risk framework requirements.
  • Provide information and support to business stakeholders regarding resiliency best practices and risk mitigation strategies.
Qualifications:
  • Bachelor's Degree or equivalent with 5+ years of related work experience, such as in Risk Management, Internal Audit and/or External Audit
  • Experience in Business Resiliency, Crisis or Emergency Management preferred
  • Familiar with Business Continuity Planning, Testing or Operational Risk Management concepts
  • ABCP or CBCP certification is preferred
  • Effective project management, communication, and presentation skills to work effectively with various levels of leadership
  • Strong Excel, PowerPoint and SharePoint skills
Keys to Success in this Role:
  • Curiosity and interest in learning the Multifamily business
  • Drive to understand and apply the Operational Resiliency Risk Management framework in finding the best solution for the business
  • Taking ownership to drive results in delivering high-quality and timely products
  • Ability to work independently with minimal direction, prioritize tasks, and manage projects effectively
  • Work effectively across multiple teams, channels, and reporting lines with a high level of energy, creativity, flexibility and dedication
  • Explore and use Artificial Intelligence tools and techniques to automate processes and improve team efficiency

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $96,000 - $144,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.Employment Type: FULL_TIME

Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970