This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersAn Operational Risk Manager identifies risks to an organisation, develops procedures to mitigate those risks, and prepares reports for senior management.
Get qualified to work as an Operational Risk Manager with a course recognised across Australia. Speak to a training provider to learn more.
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.
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.
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
Browse occupations related to Operational Risk Manager
Explore the growing field of operational risk management with the diverse range of Operational Risk Manager courses in Geraldton. This thriving area in Western Australia is poised for professionals who possess a keen understanding of risk mitigation strategies. The courses available are specifically tailored for experienced learners, allowing individuals to build on their existing qualifications or industry experience. With three comprehensive courses to choose from, learners can advance their careers while gaining crucial insights applicable to the local context of Geraldton.
One of the most sought-after qualifications is the Diploma of Work Health and Safety BSB51319. This course not only equips participants with essential skills for managing workplace safety effectively, but it also lays a firm foundation for understanding broader operational risk management principles. Completing this diploma can significantly enhance one’s employability within Geraldton's various industries.
Another valuable qualification is the Certificate IV in Risk Management Essentials 10862NAT. This course introduces vital components of risk management tailored to the specific needs of the Geraldton region, allowing students to grasp key concepts and practices. Learners from various sectors, including construction and agriculture, will find this course particularly beneficial as they navigate the unique operational risks pertinent to these industries.
For those seeking a broader educational approach, the Bachelor of Commerce (Accounting) provides a comprehensive overview of business principles, integrating risk management into the curriculum. This degree not only focuses on financial accountability but also emphasises the importance of effective risk strategies for any aspiring operational risk manager. This academic pathway is ideal for learners in Geraldton aiming to elevate their understanding of the interconnectedness of accounting and operational risk.
The landscape of operational risk management is deeply intertwined with broader business courses and specialised risk management programs. By considering the courses listed above, individuals in Geraldton can effectively position themselves for success in this dynamic field. The combination of recognised training providers and comprehensive curricula ensures that learners are well-prepared for the demands of the operational risk management profession, both locally and beyond.