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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If you are aspiring to pursue a career as an Operational Risk Manager, the Operational Risk Manager courses in Richmond offer a pathway to build the necessary skills and knowledge. In Richmond, 2753, you will find a variety of courses aimed at experienced learners, including the Diploma of Work Health and Safety BSB51319 and the Certificate IV in Risk Management Essentials 10862NAT. Furthermore, you can also advance your education with a Bachelor of Commerce (Accounting), designed for those seeking a comprehensive understanding of risk in financial contexts.
Training providers in Richmond, such as the Professional Security and Risk Institute and ACU, deliver these vital courses to equip you for the fast-paced world of operational risk management. With their expertise, you can enhance your understanding of risk management frameworks and learn how to apply them effectively in real-world scenarios, ensuring you are well-prepared for immediate employment in this field.
Embarking on a career in operational risk management opens up various job roles, each with unique responsibilities. After completing your training, you may find opportunities as a Business Analyst, Risk Manager, or even a Financial Risk Manager. Additionally, positions like Security Analyst and Senior Risk Manager will benefit from your expertise in risk assessment and mitigation, making you a valuable asset to any organisation.
Being rooted in a vibrant area like Richmond allows you to engage with a community that is advancing in the fields of business and risk management. As you explore the Risk Management category, you will discover more about the intricacies of managing operational risks, which can lead to roles such as Enterprise Risk Manager or Risk Analyst. Equip yourself with the critical skills needed for success in today’s competitive job market by enrolling in one of the outstanding operational risk manager courses in Richmond.