Operational Risk Manager

Atlantic Group; Boston (MA); Hybrid; USD 115,000 - 135,000; Full time

Benefits offered by this job

Hybrid work model

Job summary

Atlantic Group in Boston, MA is seeking an Operational Risk Manager to support enterprise risk management, internal controls, audit readiness, and operational compliance within a financial services environment. You will evaluate business processes, strengthen control frameworks, coordinate audit activities, and partner with cross-functional teams to identify and mitigate operational risks.

The ideal candidate has 6+ years of experience in risk management, internal controls, audit, or financial

Qualifications

• Bachelor's degree in Accounting, Finance, Business, Economics, or a related field is required.
• CPA, CFA or a relevant audit or risk certification is preferred.
• 6+ years of experience in IT audit, risk consulting, internal controls, fund operations, or a related financial services function is required.
• Experience with SOC 1 audits, operational controls, and financial services is required, with alternative investment management or fund operations experience preferred.
• Proficiency with Microsoft Office and experience with audit, workflow, reporting, or process documentation tools are required.
• Strong project management, communication, organization, analytical, and problem-solving skills with the ability to independently manage multiple workstreams and stakeholders.

Responsibilities

• Risk & Controls: Evaluate business processes and internal controls, identify potential risks, and support remediation efforts that strengthen the control environment.
• Audit Coordination: Manage audit and compliance activities by coordinating documentation, testing, stakeholder requests, and issue resolution.
• Operational Risk: Monitor operational processes, identify control gaps, and recommend solutions that reduce risk and improve business performance.
• Process Improvement: Develop process documentation and implement workflow enhancements that improve efficiency, transparency, and control effectiveness.
• Stakeholder Management: Partner with internal teams and external service providers to address risk, controls, and operational matters.
• Business Resilience: Support business continuity, risk preparedness, and related operational initiatives.

Skills

Risk management

Project management

Communication

Analytical

Problem solving

Stakeholder management

Education

Bachelor's degree

Tools

Microsoft Office

Job description

Job Overview – Operational Risk Manager

Compensation: $115,000–$135,000/year + bonus

Location: Boston, MA

Schedule: Monday to Friday (Hybrid)

Atlantic Group is hiring an Operational Risk Manager in Boston, MA for our client. This role supports enterprise risk management, internal controls, audit readiness, and operational compliance within a financial services environment. The Operational Risk Manager will evaluate business processes, strengthen control frameworks, coordinate audit activities, and partner with cross-functional teams to identify and mitigate operational risks. The ideal candidate has experience in risk management, internal controls, audit, or financial services and is skilled at managing complex initiatives across multiple stakeholders.

Responsibilities as the Operational Risk Manager

• Risk & Controls: Evaluate business processes and internal controls, identify potential risks, and support remediation efforts that strengthen the control environment.
• Audit Coordination: Manage audit and compliance activities by coordinating documentation, testing, stakeholder requests, and issue resolution.
• Operational Risk: Monitor operational processes, identify control gaps, and recommend solutions that reduce risk and improve business performance.
• Process Improvement: Develop process documentation and implement workflow enhancements that improve efficiency, transparency, and control effectiveness.
• Stakeholder Management: Partner with internal teams and external service providers to address risk, controls, and operational matters.
• Business Resilience: Support business continuity, risk preparedness, and related operational initiatives.

Qualifications for the Operational Risk Manager

• Education: Bachelor's degree in Accounting, Finance, Business, Economics, or a related field is required.
• Certification: CPA, CFA, or a relevant audit or risk certification is preferred.
• Experience: 6+ years of experience in IT audit, risk consulting, internal controls, fund operations, or a related financial services function is required.
• Industry Knowledge: Experience with SOC 1 audits, operational controls, and financial services is required, with alternative investment management or fund operations experience preferred.
• Technical Skills: Proficiency with Microsoft Office and experience with audit, workflow, reporting, or process documentation tools are required.
• Skills & Attributes: Strong project management, communication, organization, analytical, and problem-solving skills with the ability to independently manage multiple workstreams and stakeholders.

Application Notice

Qualified candidates will be contacted within 2 business days of application. If an applicant does not meet the above criteria, Atlantic Group will keep your resume on file for future opportunities and may contact you for further discussion.