How much does a Operational Risk Manager make in Buffalo, NY? The average Operational Risk Manager salary in Buffalo, NY is $121,400 as of April 24, 2024, but the range typically falls between $108,500 and $136,000. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
Percentile | Salary | Location | Last Updated |
10th Percentile Operational Risk Manager Salary | $96,755 | Buffalo,NY | April 24, 2024 |
25th Percentile Operational Risk Manager Salary | $108,500 | Buffalo,NY | April 24, 2024 |
50th Percentile Operational Risk Manager Salary | $121,400 | Buffalo,NY | April 24, 2024 |
75th Percentile Operational Risk Manager Salary | $136,000 | Buffalo,NY | April 24, 2024 |
90th Percentile Operational Risk Manager Salary | $149,293 | Buffalo,NY | April 24, 2024 |
The Operational Risk Manager initiates policies to comply with safety legislation and industry practices. Develops and administers risk-management and loss-prevention programs. Being a Operational Risk Manager acts as the liaison to attorneys, insurance companies and individuals, investigating any incidences that may result in asset loss. Researches and reports on the most cost effective plans to minimize asset liability. In addition, Operational Risk Manager reviews and analyzes risk management programs for the effectiveness of coverage and to reduce costs and losses. Requires a bachelor's degree. Typically reports to top management. The Operational Risk Manager manages subordinate staff in the day-to-day performance of their jobs. True first level manager. Ensures that project/department milestones/goals are met and adhering to approved budgets. Has full authority for personnel actions. Extensive knowledge of department processes. Working as a Operational Risk Manager typically requires 5 years experience in the related area as an individual contributor. 1 to 3 years supervisory experience may be required. (Copyright 2024 Salary.com)
3 - 5 years experience
Bachelor's Degree
5 + years experience
Bachelor's Degree
Bachelor's Degree
Salary.com's CompAnalyst platform offers:
Job Title | Experience | EDUCATION | Salary Compared to This Job |
---|---|---|---|
Job Title Credit Risk Manager | Experience 5 + | EducationMasters | Salary Compared to This Job |
Job Title Insurance Risk Manager | Experience 5 + | EducationBachelors | Salary Compared to This Job |
Job Title Insurance Risk Senior Manager | Experience | EducationBachelors | Salary Compared to This Job |
Job Title Risk Analyst I | Experience 0 - 2 | EducationBachelors | Salary Compared to This Job |
Job Title Risk Analyst II | Experience 2 - 4 | EducationBachelors | Salary Compared to This Job |
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About Buffalo, New York Buffalo is the second largest city in the U.S. state of New York and the largest city in Western New York. As of July 2016[update], the population was....More
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