Senior Operational Risk Manager, ERM & Controls

Lord Abbett; Jersey City (NJ); On-site; USD 135,000 - 160,000; Full time

Job summary

Lord Abbett is seeking an experienced Operational Risk Manager to support its Enterprise Risk Management program with a focus on operational risk. You will collaborate across Investments, Client Services, Operations, Compliance, Legal, Finance, and Technology to identify, assess, and manage risks that could affect operations and regulatory obligations.

The role operates in a Second Line of Defense, providing independent oversight and data‑driven insights to senior management.

Qualifications

• 5–8 years of experience in enterprise, operational, change or third‑party risk management, and/or auditing within the financial services (asset management experience preferred).
• Experience facilitating risk assessments, issue management programs and/or operational risk analysis.
• Familiarity with third‑party assurance frameworks (e.g., SOC, SOX, NIST, COSO, ISO standards).
• Ability to synthesize complex information and communicate clearly to diverse audiences.
• Excellent written, verbal, and presentation skills, with experience preparing materials for senior leadership.

Responsibilities

• Support the execution and ongoing enhancement of the firm’s enterprise and operational risk management practices, including operational risk assessments, issue management, change risk review, and third‑party risk oversight.
• Support the incident and issue management process, including root cause analysis, remediation tracking, trend analysis, and reporting to senior management.
• Conduct top‑down, bottom‑up and targeted risk assessments, evaluating inherent risks, control effectiveness, and residual risk across business activities.
• Conduct operational change risk reviews for strategic initiatives, technology implementations, and business process changes.
• Assist in the development and monitoring of risk appetite metrics, key risk indicators (KRIs), and emerging risk themes.
• Prepare risk reporting and dashboards for senior leadership and Board‑level committees, providing data‑driven insights and thematic analysis.
• Partner with business units to strengthen the control environment and embed risk management into strategic initiatives and operational processes.
• Support coordination of risk assurance activities, including third‑party assurance reviews (e.g., SOC reports) and control assessments (e.g., SOX).
• Contribute to strengthening the Firm’s evolving risk management program within a dynamic and collaborative environment.

Skills

Risk management

Communication

Risk analyses

GRC platforms

Auditing

Education

Bachelor’s degree

CRISC

FRM

CISA

CIA

CPA

Tools

SOC reports

SOX

NIST

COSO

ISO standards

Job description

Lord Abbett is seeking an experienced Operational Risk Manager to support its Enterprise Risk Management program with a focus on operational risk. You will collaborate across Investments, Client Services, Operations, Compliance, Legal, Finance, and Technology to identify, assess, and manage risks that could affect operations and regulatory obligations.

The role operates in a Second Line of Defense, providing independent oversight and data‑driven insights to senior management.