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
If you're aiming to become an Operational Risk Manager in Albany, you'll find various options suited for experienced learners seeking to enhance their qualifications. The Operational Risk Manager courses in Albany feature a selection of advanced training opportunities that can propel your career forward. Among the popular choices, the Diploma of Work Health and Safety BSB51319 equips students with imperative knowledge about workplace safety and risk assessment, while the Certificate IV in Risk Management Essentials 10862NAT focuses on practical skills necessary for evaluating and managing risk in various business contexts.
For those who prefer a more academic approach, the Bachelor of Commerce (Accounting) offers a deep dive into financial management and auditing principles, laying a solid foundation for a career in risk management. These qualifications not only enrich your understanding of operational risk but also open pathways to several job roles within the industry. Whether you opt for the diploma, the certificate, or the degree, you’re making a commendable investment in your future.
Beyond the direct training for Operational Risk Managers, the Albany area presents a wealth of related career opportunities for those with a solid grasp of risk management principles. As a graduate, you may find yourself suited for positions such as a Business Analyst or a Security Analyst. You might also consider roles like Risk Manager or Credit Risk Analyst, each of which plays a vital part in safeguarding businesses against potential risks.
As you explore your educational options, it's essential to consider the long-term career trajectory these courses can offer you in Albany. From becoming a Senior Business Analyst to progressing to a Senior Risk Manager, the skills acquired through these Operational Risk Manager courses in Albany can provide significant advantages in the competitive job market. You may also find opportunities as a Resilience Officer or a Risk Officer, reinforcing the vital importance of risk management across various sectors.