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Operational Risk Jobs (NOW HIRING)

Freddie Mac

Operational Risk Business Lead

Mclean, VA · On-site

As an Operational Risk Business Lead, you will: * Deliver independent oversight of Freddie Mac divisions, ensuring operational risks are identified, measured, monitored, and controlled within ...

Newcastle

Operational Risk Specialist

Cobalt, CT · Hybrid

$99K/yr

  • Medical

  • Life

  • Retirement

  • PTO

Job Posting Title Operational Risk Specialist Salary Band MP3 35,691 - 48,228 About the role As an Operational Risk Specialist, you'll play a key role in helping us maintain a strong and effective ...

Nomura International

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

  • Medical

  • Retirement

  • PTO

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk Management Location: New York, Philadelphia The pay range for this position at commencement of ...

Nomura International

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

  • Medical

  • Retirement

  • PTO

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk Management Location: New York, Philadelphia The pay range for this position at commencement of ...

Macquarie Group Limited

VP, Operational Risk

New York, NY · On-site

$161K - $217K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The team partners closely with front-office, operations, and risk stakeholders to strengthen control environments and support safe, sustainable business growth. We are a global financial services ...

Macquarie Bank Limited

VP, Operational Risk

Manhattan, NY · On-site

$161 - $217/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The Risk Management Group's Operational Risk team provides independent oversight of operational risk across Macquarie's Commodities and Global Markets (CGM) business in the Americas, covering a ...

US Bank

Operational Risk Review (ORR) Analyst

Minneapolis, MN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

S. Bank is seeking an Operational Risk Review (ORR) Analyst responsible for executing review, issue validation, project, and data-focused activities within Independent Risk Review and Assessment ...

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Operational Risk information

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$39K

$85.8K

$155K

How much do operational risk jobs pay per year?

As of Aug 13, 2026, the average yearly pay for operational risk in the United States is $85,839.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,500.00 and $104,500.00 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.
More about Operational Risk jobs
What cities are hiring for Operational Risk jobs? Cities with the most Operational Risk job openings:
What are the most commonly searched types of Operational Risk jobs? The most popular types of Operational Risk jobs are:
What states have the most Operational Risk jobs? States with the most job openings for Operational Risk jobs include:
What job categories do people searching Operational Risk jobs look for? The top searched job categories for Operational Risk jobs are:
Operational Risk jobs near you
Infographic showing various Operational Risk job openings in the United States as of August 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $85,839 per year, or $41.3 per hour.

Operational Risk Business Lead

Freddie Mac

Mclean, VA • On-site

Full-time

Re-posted 11 days ago

Freddie Mac rating

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

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. Join an organization where your work contributes to a greater purpose.
Position Overview:
Are you ready to leverage your expertise in Operational Risk to make a significant impact in the mortgage servicing industry? Freddie Mac is seeking an accomplished Risk Practitioner to join our Enterprise Risk team, providing independent oversight across divisions. This is a unique opportunity to shape risk management practices, influence senior leaders, and drive meaningful change. If you excel at analytical thinking, problem-solving, and persuasive communication, we invite you to join our team and help us advance our risk culture. #MoreAtFreddieMac!
Our Impact:
As an Operational Risk Business Lead, you will:
  • Deliver independent oversight of Freddie Mac divisions, ensuring operational risks are identified, measured, monitored, and controlled within established tolerances.
  • Apply a robust monitoring framework to challenge and review risk practices.
  • Aggregate and communicate independent, data-driven views of operational risk with a forward-looking perspective.
  • Build influential relationships with business partners, becoming a trusted advisor and stakeholder in risk management activities.

Your Impact:
  • Independently assessing operational risk and control environments through quantitative and qualitative means.
  • Review, support, and challenge divisional operational risk profiles, focusing on key drivers, trends, future outlook, and escalation points.
  • Coordinate across all non-financial risk domains to develop a holistic risk perspective.
  • Foster positive relationships with stakeholders, actively participating in risk discussions and supporting effective challenges to drive actionable outcomes.
  • Implement and enhance processes, procedures, and tools that support operational risk oversight routines.
  • Bringing a focus upon internal process re-engineering, with a view to making recommendations and enhancements to existing Risk processes where opportunities arise.
  • Monitor activities and provide critical inputs for quarterly divisional risk profile reporting, highlighting significant and emerging risks, effective challenges, and first-line risk management strategies.

Qualifications:
  • Bachelor's Degree (or equivalent work experience) and 8+ years of overall relevant experience with 5+ years in operational or compliance risk management.
  • Proven ability to influence at all organizational levels, including executives, and unite teams toward common goals.
  • Experience in process design and control assessment.
  • Preferred experience in the secondary mortgage market, mortgage lending, or mortgage-related securities.
  • Highly driven, results-oriented, and recognized as a "value partner" who proactively builds and leverages relationships internally and externally.
  • Exceptional problem-solving skills and ability to articulate complex concepts clearly.

Keys to Success in this Role:
  • Deliver thoughtful, fact-based challenges to divisions using a clear, concise, and risk-based approach.
  • Strong team player and ability to communicate clearly and concisely to senior leadership.
  • Strong influencing skills and ability to lead change and deliver results; Ability to multi-task and prioritize.
  • Apply data-driven insights to advise on risk perspectives, demonstrating intellectual agility and interpersonal flexibility.
  • Exhibit strong situational analysis and decision-making abilities.
  • Communicate effectively-both written and verbal-across all levels of the organization, including through impactful visualizations.

Current Freddie Mac employees please apply through the internal career site.
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.
A safe and secure environment is critical to Freddie Mac's business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time
FLSA Status:Exempt
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 $126,000 - $188,000 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.

What Freddie Mac employees say

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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

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