Operational Risk Manager

Liberty Mutual Insurance•Boston, MA

5d•$120,000 - $225,000•Hybrid

About The Position

We are seeking an experienced Operational Risk Manager to strengthen our enterprise risk management framework, drive effective risk mitigation, and support informed decision-making across the organization. The ideal candidate will bring strong operational risk expertise, sound judgment, executive presence, and the ability to influence stakeholders at multiple levels. This person will serve as a trusted advisor to management and functional business partners, helping to maintain a strong risk culture and resilient control environment. This role may be virtual or hybrid within the U.S. and reports to the Head of GRS Operational Risk Management.

Requirements

8–10 years of progressive operational risk management experience, preferably within a complex or matrixed organization.
Demonstrated experience advising and influencing senior management on operational risk issues, internal controls, and risk mitigation.
Strong experience with operational event and issue management, root cause analysis, remediation tracking, internal control evaluation, and risk reporting.
Demonstrated ability to manage multiple priorities, work independently, and deliver high-quality results under tight deadlines.
Working knowledge of AI concepts, tools, and associated risks, with experience applying them in a business or risk management context.
Bachelor’s degree is required, preferably in Business, Finance, Risk Management, Accounting, Economics, or a related field.

Nice To Haves

An advanced degree is a plus.
Experience in financial services, insurance, banking, or another highly regulated industry.
Familiarity with enterprise risk management practices, control frameworks, or governance processes.
Experience supporting audits, regulatory exams, or control testing activities.
Professional certifications such as CPA, CA, CIA, CRCM, CERP, or similar.

Responsibilities

Serve as a trusted advisor and partner to business and functional leaders on operational risk matters, including emerging risks, control design, mitigation strategies, and remediation plans.
Lead the identification, assessment, monitoring, and reporting of operational risks across business processes and functions.
Oversee the logging, tracking, and resolution of operational events and issues, including root cause analysis, control gaps, and corrective actions.
Review and challenge internal controls to ensure they are appropriately designed, operating effectively, and aligned to business needs.
Develop and present risk dashboards, leadership reporting, and governance materials for senior management and committees.
Maintain and enhance operational risk policies, standards, procedures, and oversight practices.
Collaborate with compliance, internal audit, and cross-functional business partners to promote accountability and risk awareness.
Evaluate the operational risk implications of AI tools and use cases, identify opportunities to improve controls and monitoring, and support responsible adoption.