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 seeking to advance their careers in risk management, the Operational Risk Manager courses in Hobart provide a comprehensive pathway to acquiring vital skills and knowledge. With a selection of three specialised courses available, experienced learners can enhance their qualifications to meet the growing demand for risk management professionals in industries across Tasmania. These courses cater to those with prior experience or established qualifications, ensuring that individuals can deepen their expertise in operational risk management.
Among the prominent offerings is the Diploma of Work Health and Safety BSB51319, which equips learners with the necessary competencies to effectively manage workplace health and safety risks. Another excellent option is the Certificate IV in Risk Management Essentials 10862NAT, designed to underpin foundational skills in risk assessment and management practices. For those interested in a broader academic perspective, the Bachelor of Commerce (Accounting) is also available, linking financial principles with risk analysis methodologies.
The field of operational risk management intersects with various other areas of study, including Business courses and Risk Management, making it an ideal choice for those wanting to extend their educational horizons. Enrolling in these courses not only fosters a deeper understanding of risk-related challenges but also prepares individuals for various career pathways. This is particularly critical in Hobart, where the need for skilled risk management professionals is on the rise.
In addition to formal courses, prospective students can explore related job roles that align with operational risk management, such as a Business Analyst, who plays a crucial role in examining business processes, or a Security Analyst, tasked with safeguarding organisational assets. Other roles include Risk Manager, Credit Risk Analyst, and Senior Business Analyst, all of which highlight the versatility and demand for expertise in operational risk management.
As Hobart continues to evolve as a vibrant business hub, obtaining qualifications through the Operational Risk Manager courses in Hobart is an investment in your professional future. Pursuing roles such as Risk Officer, Credit Officer, and Resilience Officer, or even advancing to a Senior Risk Manager, can significantly elevate your career trajectory. Embrace the opportunity to expand your capabilities and make a noticeable impact in the field of operational risk management today.