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Operational Risk Manager

Job in Boston, Suffolk County, Massachusetts, 02298, USA
Listing for: Liberty Mutual Fire Insurance Co.
Full Time, Seasonal/Temporary position
Listed on 2026-10-15
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Financial Compliance
Salary/Wage Range or Industry Benchmark: 120000 - 225000 USD Yearly USD 120000.00 225000.00 YEAR
Job Description & How to Apply Below
Operational Risk Manager
  • Position Type Full-Time
  • Job Grade 18
  • Department  Operational Risk US
  • Market Global Risk Solutions
  • Minimum Salary USD $/Yr.
  • Maximum Salary USD $/Yr.
  • Typical Starting Salary 145000 - 185000
  • Travel 10%
  • Recruiter Kathleen Kelly
  • Referral Bonus Eligible? No

Job Location s US-Remote | US-CT-Stamford | US-MA-Boston | US-NY-New York

Description

We are seeking an experienced Operational Risk Manager to strengthen our enterprise risk management framework, drive effective risk mitigation, and support informed decision-making across the organization.

The ideal candidate will bring strong operational risk expertise, sound judgment, executive presence, and the ability to influence stakeholders at multiple levels. This person will serve as a trusted advisor to management and functional business partners, helping to maintain a strong risk culture and resilient control environment. This role may be virtual or hybrid within the U.S.
and reports
to the Head of GRS Operational Risk Management.

Key Responsibilities:

  • Serve as a trusted advisor and partner to business and functional leaders on operational risk
  • matters, including emerging risks, control design, mitigation strategies, and remediation plans.
  • Lead the identification, assessment, monitoring, and reporting of operational risks across business processes and functions.
  • Oversee the logging, tracking, and resolution of operational events and issues, including root cause analysis, control gaps, and corrective actions.
  • Review and challenge internal controls to ensure they are appropriately designed, operating effectively, and aligned to business needs.
  • Develop and present risk dashboards, leadership reporting, and governance materials for senior management and committees.
  • Maintain and enhance operational risk policies, standards, procedures, and oversight practices.
  • Collaborate with compliance, internal audit, and cross-functional business partners to
  • promote accountability and risk awareness.
  • Evaluate the operational risk implications of AI tools and use cases, identify opportunities to improve controls and monitoring, and support responsible adoption.

Leadership

Competencies:

  • Trusted Advisor Mindset
  • Builds credibility by providing clear, practical, and balanced risk guidance.
  • Executive Presence – Engages senior leaders with confidence and composure.
  • Risk Judgment and Decision Support – Evaluates risk scenarios, control effectiveness, and remediation options to support sound decisions.
  • Influence and Collaboration – Works effectively across functions and levels to drive alignment and action.
  • Accountability and Ownership – Demonstrates strong follow-through and commitment to high-quality execution.
  • Analytical Thinking – assesses risk trends, control weaknesses, and root causes, then translates findings into actionable insights.
  • Communication Excellence – Tailors clear, concise messages to different audiences.
  • Continuous Improvement Orientation – Seeks opportunities to strengthen processes, controls, and the overall risk environment.
  • Integrity and Professionalism – Upholds high ethical standards and exercises discretion.

If the selected candidate lives within 50 miles of a GRS office, then the selected candidate should be prepared to come into the office two days/week if needed. This policy is subject to change.

Qualifications

Experience:

  • 8–10 years of progressive operational risk management experience, preferably within a complex or matrixed organization.
  • Demonstrated experience advising and influencing senior management on operational risk issues, internal controls, and risk mitigation.
  • Strong experience with operational event and issue management, root cause analysis, remediation tracking, internal control evaluation, and risk reporting.
  • Demonstrated ability to…
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