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 considering a career in operational risk management? Whyalla, a vibrant city located in South Australia, offers a range of sought-after courses to equip you with the skills you need to thrive in this field. With three operational risk manager courses available, you can enhance your qualifications and boost your career prospects in this critical domain.
One highly regarded option is the Diploma of Work Health and Safety BSB51319. This course is perfect for individuals looking to deepen their understanding of workplace safety and risk management principles. By enrolling in this diploma, you'll gain a comprehensive understanding of risk assessment, compliance strategies, and the legal responsibilities of employers—all essential skills for any operational risk manager.
Another excellent choice is the Certificate IV in Risk Management Essentials 10862NAT. This qualification is tailored for those who want to build a foundational knowledge of risk management processes. With its practical approach and focus on real-world applications, this course ensures you are well-prepared to tackle operational risks effectively within various organisational contexts.
If you are looking for a higher education pathway, you might want to consider the Bachelor of Commerce (Accounting). This degree provides a broader perspective on financial management and strategic decision-making, which are vital components of operational risk management. Pursuing higher education in commerce can open doors to advanced roles where you can make significant contributions to risk governance in your organisation.