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
Are you looking to develop your career in the dynamic field of operational risk management? Consider enrolling in one of the top-quality Operational Risk Manager courses in Melbourne. This exciting city boasts several training providers ready to equip you with the skills needed for success in this vital role. For instance, Rhodes College offers a comprehensive Diploma of Work Health and Safety, while Deakin University provides a Bachelor of Commerce (Accounting) that may also assist in a career in risk management.
As you pursue your studies, it's beneficial to remain aware of related career paths that may pique your interest. Roles such as Business Analyst, Security Analyst, and Risk Manager are all integral to the operational risk domain. Additionally, positions like Credit Risk Analyst and Senior Business Analyst offer exciting prospects as you climb the career ladder. Melbourne's vibrant business ecosystem provides ample opportunities for those trained in operational risk management.
With the right education and training, you can confidently step into various roles, including Risk Officer, Credit Officer, and even Senior Risk Manager. Don’t forget about exciting opportunities as a Resilience Officer or a Senior Risk Manager. Explore these rewarding career paths while gaining hands-on experience through the locally available Operational Risk Manager courses in Melbourne.