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How much does a Operational Risk Manager make?

As of April 01, 2025, the average annual salary for a Operational Risk Manager in the United States is $129,900. Salary.com reports that pay typically ranges from $117,700 to $137,900, with most professionals earning between $106,593 and $145,184.

Operational Risk Manager Salaries by Percentile
Annual
Salary
Monthly
Pay
Weekly
Pay
Hourly
Wage
75th Percentile $137,900 $11,492 $2,652 $66
Average $129,900 $10,825 $2,498 $62
25th Percentile $117,700 $9,808 $2,263 $57

Average Salary

25% $117,700 10% $106,593 90% $145,184 75% $137,900 $129,900 50%(Median)
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How much does a Operational Risk Manager make by hour, week, month, and year?

Salary.com provides you with accurate and diversified Operational Risk Manager salary data based on specialized databases to help you get a fairer salary. The average annual pay for a Operational Risk Manager is about $129,900 a year, this translates to an approximate hourly rate of $62, a monthly salary of about $10,825, and a weekly pay of around $2,498 . Click the switch button below to see more details about Operational Risk Manager hourly pay, weekly pay, monthly pay, and so on.

Last Updated on April 01, 2025

How Does Experience Level Affect a Operational Risk Manager's Salary?

An entry-level Operational Risk Manager with less than 1 year of experience earns about $125,348. With 1-2 years of experience, the average salary increases to $125,894. For 2-4 years of experience, the pay typically rises to $127,169. Senior-level professionals with 5-8 years of experience earn around $128,625, and those with over 8 years of experience can expect an average of $130,736.

Levels Salary
Entry Level Operational Risk Manager $125,348
Intermediate Level Operational Risk Manager $125,894
Senior Level Operational Risk Manager $127,169
Specialist Level Operational Risk Manager $128,625
Expert Level Operational Risk Manager $130,736
$125,348 0 yr
$125,894 < 2 yrs
$127,169 2-4 yrs
$128,625 5-8 yrs
$130,736 > 8 yrs
Last Updated on April 01, 2025
Entry Level 4%
Mid Level 3%
Senior Level 2%
Top Level 1%
Experienced 1%
View as graph
Last Updated on April 01, 2025

How much does salary of Operational Risk Manager vary from city to city?

Salaries in the United States can vary greatly between cities due to factors like cost of living, local economies, and industry presence.

For example, as of April 01, 2025:
  • In San Francisco, CA, the average yearly salary for a Operational Risk Manager is $162,300.
  • In New York, NY, the average annual salary is $150,600.
  • In Boston, MA, a Operational Risk Manager earns $144,900 per year.

What is the salary trend of Operational Risk Manager?

As of April 01, 2025, our research reveals a significant shift in Operational Risk Manager compensation over the past six years. For example, the median salary increased from $117,933 in 2023 to approximately $118,053 in 2024. (For a detailed analysis of Operational Risk Manager salary trends, click here.)

Key factors like location, experience, industry demand, and economic growth significantly influence salary variations, making them important to consider.

Average Annual Salary of Operational Risk Manager Over Time

2020
$???
2021
$???
2022
$???
$117,933
2023
$118,053
2024
$117,300
2025
2026
$???
Last Updated on April 01, 2025
2020
$???
2021
$???
2022
$???
2023
$117,933
2024
$118,053
2025
$117,300
2026
$???
Last Updated on April 01, 2025

Operational Risk Manager Salary by Year

Year Average Annual Salary
2020 View More
2021 View More
2022 View More
2023 $117,933
2024 $118,053
2025 $117,300
2026 View More
Last Updated on April 01, 2025

Job Openings of Operational Risk Manager

Salary.com job board provides millions of Operational Risk Manager information for you to search for. Click on search button below to see Operational Risk Manager job openings or enter a new job title here.

Most Common Benefits for Operational Risk Manager

Based on HR-reported data: a national average with a geographic differential
Base Salary 72.5%
Bonuses 0.0%
Social Security 5.5%
401k/403b 3.0%
Disability 1.4%
Healthcare 4.7%
Pension 3.9%
Time Off 8.9%
Core Compensation
Core Compensation Median % of Total
Base Salary $129,900 72.5%
Bonus $0 0.0%
Value of Benefits
Core Compensation Median % of Total
Social Security $9,937 5.5%
401K/403B $5,456 3.0%
Disability $2,598 1.4%
Healthcare $8,352 4.7%
Pension $7,015 3.9%
Time Off $15,988 8.9%
Total Compensation $179,246 100%
Core Compensation is based on averages for this job and does not reflect personal factors used to determine your projected salary range.
Value of Benefits indicates the employer's expected contribution and paid time off.
Last Updated on April 01, 2025

What are the salaries of a Operational Risk Manager with different levels of education?

Salaries for Operational Risk Manager with a High School Diploma or Technical Certificate

According to our 100% employer reported salary sources the median salary for a Operational Risk Manager with a Bachelor's Degree is $120,342 - $127,679. Please try our salary wizard to explore how other factors like location, Years of experience and number of direct reports can impact your base pay and bonus.

Operational Risk Manager Salaries by Degree Level

Last Updated on April 01, 2025
Typical Education for Operational Risk Manager
Degree Level % of user with this level of education
No Diploma 0.1%
High School 6.6%
Associates 6.2%
Bachelors 46.7%
Masters 32.6%
Doctorate 7.8%
Typical Education for Operational Risk Manager
No Diploma 0.1%
High School 6.6%
Associates 6.2%
Bachelors 46.7%
Masters 32.6%
Doctorate 7.8%
view as table

Operational Risk Manager Salaries by Degree Level

Last Updated on April 01, 2025

What Am I Worth?

FAQ about Operational Risk Manager

1. How much do operational risk managers make in the US?

As of December 27, 2024, the salary for an Operational Risk Manager in the United States ranges from $114,200 to $141,900 annually, with a median salary of $127,100. This translates to approximately $54.88 to $68.25 per hour, or $2,200 to $2,800 per week, and $9,516 to $12,083 per month.

2. Are risk managers in high demand?

Risk management roles, including Operational Risk Managers, are in high demand as companies navigate increasing challenges in areas like cybersecurity and regulatory compliance. With salaries ranging from $114,200 to $141,900, these positions offer competitive compensation, reflecting the critical importance of managing operational risks effectively.

3. What is the average salary of operational risk manager?

The estimated total pay for an Operational Risk Manager ranges from a minimum salary of $114,200 to a maximum of $141,900, with a mid-salary of $127,100. These figures reflect the typical compensation for this role, providing a clear overview of potential earnings in the field.

4. What is the highest paid operations manager?

The highest paid Operational Risk Manager can expect a salary ranging from $114,200 to $141,900, with a median salary of $127,100. Industries such as Aerospace & Defense, Energy, Mining & Utilities, and Pharmaceutical & Biotechnology typically offer competitive compensation within this range, reflecting the critical nature of the role.

5. Is risk management a high paying job?

Risk management can be a high-paying job, particularly for Operational Risk Managers. Based on recent data, salaries range from a minimum of $114,200 to a maximum of $141,900, with a mid-salary of $127,100. Factors such as location, organization size, and individual experience can further influence these figures.

6. What does an operational risk manager do?

Operational Risk Managers analyze and measure exposure to various risks that could threaten an organization's assets and earning capacity. They assess operational processes and may recommend strategies to mitigate risks. The salary for this role typically ranges from $114,200 to $141,900, with a midpoint of $127,100, reflecting the importance of their expertise in safeguarding the organization.

About Our Data

Salary.com provides salary estimates, histograms, trends, and comparisons using data from employer job postings and third-party sources.

We offer detailed salary information across multiple percentiles for your reference. (Click here to learn Why the Salary Midpoint Formula Is Crucial for Achieving Pay Equity.)

With the most extensive online, real-time compensation data available, Salary.com helps you pinpoint your exact pay target.

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The average salary for a Operational Risk Manager is $129,900 per year in the United States, updated at April 01, 2025.
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