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Operational Risk Analysis Manager in Washington, DC

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 Washington, DC

139318 - 199500

Low
139318
The candidate is new to the role or has limited experience and is building necessary skills.
Mid
165253
The candidate has moderate experience in the role, meets most requirements or has equivalent transferable skills, and may also have relevant certifications.
High
199500
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 223108 273648 321528 Regulatory Reporting Manager 140648 180548 201495 Regulatory Affairs Specialist 107398 133333 150290 Senior Regulatory Reporting Accountant 108728 126350 142643 Regulatory Reporting Accountant 82128 96758 115378 Market Risk Analysis Manager 147630 179218 211803 Market Risk Analyst 112053 135328 160265 Operational Risk Analyst 117373 132668 155278 Credit Risk Analysis Manager 131005 157273 185535 Credit Risk Analyst 109060 133000 156275 Product Controller Manager 114713 142975 165585 Product Controller 75145 106733 132668 Mergers and Acquisitions Analyst 97423 133000 152618 Anti-Money Laundering Specialist 93100 123690 142975 Fraud Investigator 86450 107065 126683 Internal Wholesaler 67498 81795 97090

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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.