Operational Business Manager Salary in Memphis, TN

Operational Risk Modeling Manager - Average Salary $154,600

The Operational Risk Modeling Manager implements risk modeling frameworks to guide analysis and tests, validates, and refines data models to ensure effectiveness. Manages an organization's risk modeling activities to identify, quantify, and forecast potential risk scenarios and their impact on the business. Being an Operational Risk Modeling Manager collaborates with other risk management functions to communicate models and assist with high-level risk mitigation plans for the organization. Administers policies and procedures to establish and maintain standards for risk modeling and ensure accuracy and consistency in processes and results. In addition, Operational Risk Modeling Manager continuously monitors and researches the economic and business landscape to update, review, or validate models as new data becomes available. Requires a bachelor's degree. Typically reports to a director. The Operational Risk Modeling 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. Working as an Operational Risk Modeling Manager typically requires 5 years experience in the related area as an individual contributor. 1-3 years supervisory experience may be required. Extensive knowledge of the function and department processes.

Operational Risk Senior Manager - Average Salary $155,900

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.

Operational Risk Analyst IV - Average Salary $120,600

The Operational Risk Analyst IV evaluates and forecasts potential losses while determining solutions to minimize or eliminate risks. Performs risk analysis studies in order to maintain maximum protection of an organization's assets. Being an Operational Risk Analyst IV supports managers in risk management or risk model construction. Assists in monitoring and reporting risks and controls. In addition, Operational Risk Analyst IV is responsible for handling complex analysis. Requires a bachelor's degree. Typically reports to a supervisor or manager. Operational Risk Analyst IV is a specialist on complex technical and business matters. Work is highly independent. May assume a team lead role for the work group. Working as an Operational Risk Analyst IV typically requires 7+ years of related experience.

Operational Manager - Average Salary $109,608

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Operational Risk Modeling Senior Manager - Average Salary $198,990

The Operational Risk Modeling Senior Manager implements risk modeling frameworks to guide analysis and tests, validates, and refines data models to ensure effectiveness. Manages an organization's risk modeling activities to identify, quantify, and forecast potential risk scenarios and their impact on the business. Being an Operational Risk Modeling Senior Manager collaborates with other risk management functions to communicate models and assist with high-level risk mitigation plans for the organization. Administers policies and procedures to establish and maintain standards for risk modeling and ensure accuracy and consistency in processes and results. In addition, Operational Risk Modeling Senior Manager continuously monitors and researches the economic and business landscape to update, review, or validate models as new data becomes available. Requires a bachelor's degree. Typically reports to a director. The Operational Risk Modeling 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 Modeling Senior Manager typically requires 3+ years of managerial experience. Capable of resolving escalated issues arising from operations and requiring coordination with other departments.