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
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For those looking to enhance their career in risk management, exploring the Operational Risk Manager courses in Victoria is a valuable step forward. With a selection of advanced courses designed for experienced learners, such as the Diploma of Work Health and Safety BSB51319 and the Certificate IV in Risk Management Essentials 10862NAT, you can acquire the critical skills needed to excel in this field. Additionally, the comprehensive Bachelor of Commerce (Accounting) provides a solid foundation for aspiring professionals.
In Victoria, several reputable training providers offer these essential courses and training pathways. MHR, known for its exceptional Diploma programs, along with the Professional Security and Risk Institute and Deakin University, deliver quality education that equips students with the necessary expertise in operational risk management. By studying within this vibrant region, you can benefit from a network of professionals and abundant career opportunities.
In addition to the specialised courses, graduates can explore various related job roles in Victoria, including positions such as Business Analyst, Security Analyst, and Risk Manager. Each of these roles plays a crucial part in managing and mitigating risks within organisations. For those looking to progress further, opportunities such as Senior Business Analyst and Senior Risk Manager await. Explore the full range of options and take your first step towards a rewarding career in operational risk management today!