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Operational Risk Analysis Manager in Cleveland, OH

Operational Risk Analysis Manager job description

For this role, firms look for candidates with at least eight years of operational risk management and some supervisory experience. Negotiation and problem-solving skills are required, as is a proven ability to collect, analyze and draw conclusions about complex data. Candidates should be highly organized and have strong time-management skills, along with good communication and collaboration abilities. A bachelor’s degree in business, finance or a related field is required.

Typical operational risk analysis manager duties:

Facilitating the identification and evaluation of the organization’s key operational risks and controls, including assessing, reporting and validating remediation of operational risk exposure and related control gapsEvaluating completed business operational risk self-assessmentsPromoting a culture of risk transparency and business unit-level ownership and accountability in regard to operational risk and control environmentsFostering continuous improvements to operating environmentsServing as the subject matter expert on operational risk initiativesWorking on the company’s operational risk framework and associated assessment methodology, approach and toolsCommunicating the results of risk analysis via written reports and verbal presentations to managementDocumenting and assessing operational breaches and risk events, consulting with the business to develop appropriate controls and remediation plans, and monitoring implementation of agreed-upon mitigationSupervising and evaluating performance of operational risk analysis staff

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Salary for Operational Risk Analysis Manager in Cleveland, OH

105750 - 151750

Low
105750
The candidate is new to the role or has limited experience and is still developing core skills.
Mid
125500
The candidate has moderate experience in the role or one similar, meets most requirements and may hold transferable skills or relevant certifications.
High
151750
The candidate has extensive experience in the role, demonstrates advanced skills and often brings specialized certifications or industry experience.
Projected salaries for related positions Job title Low Mid High Chief Risk Officer 170750 209250 245500 Regulatory Affairs Specialist 81500 101000 114750 Market Risk Analysis Manager 112250 136750 161750 Market Risk Analyst 85250 102750 122000 Operational Risk Analyst 89750 101000 118500 Credit Risk Analysis Manager 100000 120250 142250 Credit Risk Analyst 82750 101000 119250 Product Controller Manager 87750 109250 126500 Product Controller 57500 81500 101500 Mergers and Acquisitions Analyst 77250 105500 121000 Anti-Money Laundering Specialist 70750 94000 108500 Fraud Analyst 70000 84500 99000 Fraud Investigator 66250 81750 96500 Internal Wholesaler 51250 62250 73750 Fund Manager 104000 118000 132000 Fund Accountant 74000 86750 99500 Fund Operations Specialist 47250 66250 93000

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