What Is an Operational Risk Manager and How to Become One

By ZipRecruiter Marketplace Research Team

An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.

The qualifications that you need to start a career as an operational risk manager include a bachelor’s degree in business administration, finance, accounting, or a related field as well as relevant experience. Some companies may seek candidates with a master’s degree or professional certification. Two professional certifications may be useful on the operational risk manager career path: a chartered financial analyst (CFA) and a certified treasury professional. Depending on your job skills and employer's expectations, you can also pursue other valuable accreditation such as becoming a certified fraud examiner (CFE).