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Operational Risk Manager

An Operational Risk Manager identifies risks to an organisation, develops procedures to mitigate those risks, and prepares reports for senior management.

How do I become a operational risk manager

Get qualified to work as a operational risk manager with a course recognised across Australia. Speak to a training provider to learn more.

Common questions

Operational Risk Managers need skills in business and risk management. Try the Certificate IV in Compliance and Risk Management, the Diploma of Work Health and Safety, or the Advanced Diploma of Integrated Risk Management. These courses take 12-18 months to complete. Operational Risk Managers are often degree qualified.

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In Australia, a full time Operational Risk Manager generally earns $2,615 per week ($135,980 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only.

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There are no clear figures for Operational Risk Managers working in Australia at this time. Operational Risk Managers are usually employed by larger businesses and corporations (particularly in IT, manufacturing, construction, utilities and health services), but they often work as independent consultants.

Source: Australian Government Labour Market Insights

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Further reading

What can you do with a Certificate II in Security Operations?

5th January 2022

Choosing a security licence course in Australia: A step-by-step guide for jobseekers

10th November 2023

What can you do with a Certificate IV in Security Management?

13th March 2022

Operational Risk Manager careers

Operational Risk Managers identify risks and threats to an organisation’s operations, workforce, production, and service output. They develop operational procedures and business continuity plans that directly address each risk area.

As an Operational Risk Manager you could be explaining an emerging risk area to the executive team, working on the safety and insurance budget, investigating the root cause of a workplace incident, or carrying out a compliance audit. You’ll be also be preparing lots of reports and presentations for senior management.