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Operational Risk Analysis Manager in Halifax, NS

Operational Risk Analysis Manager Job Description

An Operational Risk Analysis Manager is a critical leader responsible for developing, implementing, and overseeing an organization's operational risk management framework. This role involves identifying, assessing, mitigating, and monitoring operational risks across various departments and processes. The Manager provides strategic guidance on risk exposures, ensures compliance with internal policies and external regulations, and fosters a strong risk culture. This position demands deep expertise in operational processes, strong analytical skills, exceptional communication, and proven leadership. Typically, 7-10 years of progressive experience in risk management, internal audit, or operations within the financial services or a regulated industry, with a few years in a leadership role, is required. Relevant certifications (e.g., FRM, CRISC) are highly preferred. A profound understanding of Canadian regulatory expectations (e.g., OSFI guidelines) is paramount.

Typical operational risk analysis manager duties:

Develop and implement the operational risk management framework, policies, and procedures.Lead risk identification, assessment, measurement, and reporting processes.Oversee and manage a team of operational risk analysts.Ensure compliance with internal policies and Canadian regulatory requirements for operational risk.Monitor key risk indicators and loss events, recommending mitigation strategies.Collaborate with business units to integrate risk management into daily operations.Prepare comprehensive operational risk reports for senior management and risk committees.Drive initiatives for continuous improvement of risk controls and processes.

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Salary for Operational Risk Analysis Manager in Halifax, NS

90929 - 123888

Low
90929
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
108226
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
123888
The candidate has extensive experience and advanced skills for the role, and may also have specialized certifications.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer – Financial Services 190273 227673 254554 Regulatory Reporting Manager 97474 114538 126693 Operational Risk Analyst 74800 85319 98643 Market Risk Analysis Manager 83916 97006 111966 Market Risk Analyst 69190 79709 91630 Credit Risk Analysis Manager 88358 97941 110330 Credit Risk Analyst 68723 82514 93500 Hedge Fund Accountant 62879 75034 82981 Senior Fund Operations Specialist 64515 78306 89059 Fund Operations Specialist 49321 60541 75268 Anti-Money Laundering (AML) Specialist 60775 75034 85553 Fraud Investigator 53061 66619 75735 Mutual Fund Accountant 53529 59139 67320

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Our starting salary projections come from a rigorous, multistep process so that our numbers accurately reflect the marketplace. They are based on actual compensation for professionals Robert Half has matched with employers across the country and third-party job posting data from Textkernel that we use to independently validate the salary levels. Starting compensation—pay for someone new to a role—can vary significantly based on a candidate’s skills, experience and certifications, as well as other factors including industry, company size and revenue, and demand for the role. To reflect this variability, we report our salary data in three levels: low, mid and high.