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Operational Risk Analysis Manager in New York, NY

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 New York, NY
142984 - 204750
Low
142984
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
169601
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
204750
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 228979 280849 329989 Regulatory Reporting Manager 144349 185299 206798 Regulatory Affairs Specialist 110224 136841 154245 Senior Regulatory Reporting Accountant 111589 129675 146396 Regulatory Reporting Accountant 84289 99304 118414 Market Risk Analysis Manager 151515 183934 217376 Market Risk Analyst 115001 138889 164483 Operational Risk Analyst 120461 136159 159364 Credit Risk Analysis Manager 134453 161411 190418 Credit Risk Analyst 111930 136500 160388 Product Controller Manager 117731 146738 169943 Product Controller 77123 109541 136159 Mergers and Acquisitions Analyst 99986 136500 156634 Anti-Money Laundering Specialist 95550 126945 146738 Fraud Investigator 88725 109883 130016 Internal Wholesaler 69274 83948 99645

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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.