Operational Risk Senior Manager Salary in Alabama

The Operational Risk Senior Manager implements policies, procedures, and controls to monitor and minimize the risk exposure of assets. Manages and administers an organization's risk-management programs. Being an Operational Risk Senior Manager routinely evaluates the effectiveness of procedures and collaborates with internal stakeholders to monitor changes in the business environment. Researches internal and external risk factors including economic, market, and regulatory risks that may affect the organization. In addition, Operational Risk Senior Manager manages statistical analysis and designing of financial models to predict the risk exposure of an organization's assets. Reviews risk analysis reports to ensure risks are identified and managed effectively. Requires a bachelor's degree. Typically reports to a director. The Operational Risk Senior Manager typically manages through subordinate managers and professionals in larger groups of moderate complexity. Provides input to strategic decisions that affect the functional area of responsibility. May give input into developing the budget. Working as an Operational Risk Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments. (Copyright 2024 Salary.com)

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