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Operational Risk Analysis Manager in Saint John, NB

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 Saint John, NB
89956 - 122563
Low
89956
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
107069
The candidate has moderate experience in the role, meets most requirements or has equivalent transferrable skills, and may also have relevant certifications.
High
122563
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 188238 225238 251831 Regulatory Reporting Manager 96431 113313 125338 Operational Risk Analyst 74000 84406 97588 Market Risk Analysis Manager 83019 95969 110769 Market Risk Analyst 68450 78856 90650 Credit Risk Analysis Manager 87413 96894 109150 Credit Risk Analyst 67988 81631 92500 Hedge Fund Accountant 62206 74231 82094 Senior Fund Operations Specialist 63825 77469 88106 Fund Operations Specialist 48794 59894 74463 Anti-Money Laundering (AML) Specialist 60125 74231 84638 Fraud Investigator 52494 65906 74925 Mutual Fund Accountant 52956 58506 66600

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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.