H-1B Visa Operational Risk Manager Jobs
Operational Risk Manager roles qualify for H-1B sponsorship as specialty occupations requiring a bachelor's degree or higher in finance, business, or a related field. Large banks, insurance companies, and consulting firms file LCAs through the DOL and regularly sponsor H-1B petitions for this role.
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PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.
We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.
We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards. Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade.
Our beliefs are the foundation for how we conduct business every day. We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.
Job Summary:
This job leads complex projects related to risk management, collaborates with teams to identify risks, develops strategies for risk mitigation, assesses business trends, and drives global process improvements. Key areas of focus include Risk and Compliance Review (RCR) reporting, Enterprise Issue Management, and broader risk and compliance initiatives to ensure risks are effectively identified, managed, and maintained within appetite.
Essential Responsibilities:
- Lead complex projects and problem resolution efforts related to risk management.
- Collaborate with teams to identify and analyze risks that may impact operations and assets.
- Develop and implement strategies for risk mitigation and compliance.
- Assess current business trends to inform risk management practices and improvements.
- Drive global process improvements through effective project management and stakeholder engagement.
Minimum Qualifications:
8+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.
Additional Responsibilities & Preferred Qualifications:
- Deep knowledge of operational and enterprise risk management, including control design, issue management, risk assessments, and executive reporting
- Strong analytical capabilities, with experience using GRC tools (e.g., Archer, ServiceNow) and BI tools (e.g., Tableau, Power BI)
- Familiarity with industry frameworks (e.g., COSO), risk taxonomies, and issue/incident management practices
- Excellent communication, presentation, and interpersonal skills, with the ability to convey complex or conflicting information clearly and effectively
Subsidiary:
PayPal
Travel Percent:
0
The base pay for this role will depend on where you work and the relevant experience and expertise you bring. The expected range of pay for this role by location is:
Primary Location | Pay Range:
San Jose, California | ($143,500.00 - $212,850.00 Annually)
Additional Location(s) | Pay Range:
Chicago, Illinois | ($130,500.00 - $193,600.00 Annually)
Austin, Texas | ($130,500.00 - $193,600.00 Annually)
Scottsdale, Arizona | ($123,500.00 - $183,700.00 Annually)
Omaha, Nebraska | ($123,500.00 - $183,700.00 Annually)
Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable.
PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. When making an application directly, we will never ask you to share passwords, one-time passcodes (OTP), or verification codes. Any such request is a red flag and likely part of a scam. All communication regarding your application will come from official PayPal email domains. If you suspect fraudulent activity, please report it immediately. To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us.
For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.
Our Benefits:
At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset - you. That’s why we offer comprehensive, choice-based programs, to support all aspects of personal wellbeing—physical, emotional, and financial—delivering meaningful value where it matters most. We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.
Who We Are:
Commitment to Diversity and Inclusion
PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com.
Belonging at PayPal:
Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.
Any general requests for consideration of your skills, please Join our Talent Community.
We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.
The Company
PayPal has been revolutionizing commerce globally for more than 25 years. Creating innovative experiences that make moving money, selling, and shopping simple, personalized, and secure, PayPal empowers consumers and businesses in approximately 200 markets to join and thrive in the global economy.
We operate a global, two-sided network at scale that connects hundreds of millions of merchants and consumers. We help merchants and consumers connect, transact, and complete payments, whether they are online or in person. PayPal is more than a connection to third-party payment networks. We provide proprietary payment solutions accepted by merchants that enable the completion of payments on our platform on behalf of our customers.
We offer our customers the flexibility to use their accounts to purchase and receive payments for goods and services, as well as the ability to transfer and withdraw funds. We enable consumers to exchange funds more safely with merchants using a variety of funding sources, which may include a bank account, a PayPal or Venmo account balance, PayPal and Venmo branded credit products, a credit card, a debit card, certain cryptocurrencies, or other stored value products such as gift cards, and eligible credit card rewards. Our PayPal, Venmo, and Xoom products also make it safer and simpler for friends and family to transfer funds to each other. We offer merchants an end-to-end payments solution that provides authorization and settlement capabilities, as well as instant access to funds and payouts. We also help merchants connect with their customers, process exchanges and returns, and manage risk. We enable consumers to engage in cross-border shopping and merchants to extend their global reach while reducing the complexity and friction involved in enabling cross-border trade.
Our beliefs are the foundation for how we conduct business every day. We live each day guided by our core values of Inclusion, Innovation, Collaboration, and Wellness. Together, our values ensure that we work together as one global team with our customers at the center of everything we do – and they push us to ensure we take care of ourselves, each other, and our communities.
Job Summary:
This job leads complex projects related to risk management, collaborates with teams to identify risks, develops strategies for risk mitigation, assesses business trends, and drives global process improvements. Key areas of focus include Risk and Compliance Review (RCR) reporting, Enterprise Issue Management, and broader risk and compliance initiatives to ensure risks are effectively identified, managed, and maintained within appetite.
Essential Responsibilities:
- Lead complex projects and problem resolution efforts related to risk management.
- Collaborate with teams to identify and analyze risks that may impact operations and assets.
- Develop and implement strategies for risk mitigation and compliance.
- Assess current business trends to inform risk management practices and improvements.
- Drive global process improvements through effective project management and stakeholder engagement.
Minimum Qualifications:
8+ years relevant experience and a Bachelor’s degree OR Any equivalent combination of education and experience.
Additional Responsibilities & Preferred Qualifications:
- Deep knowledge of operational and enterprise risk management, including control design, issue management, risk assessments, and executive reporting
- Strong analytical capabilities, with experience using GRC tools (e.g., Archer, ServiceNow) and BI tools (e.g., Tableau, Power BI)
- Familiarity with industry frameworks (e.g., COSO), risk taxonomies, and issue/incident management practices
- Excellent communication, presentation, and interpersonal skills, with the ability to convey complex or conflicting information clearly and effectively
Subsidiary:
PayPal
Travel Percent:
0
The base pay for this role will depend on where you work and the relevant experience and expertise you bring. The expected range of pay for this role by location is:
Primary Location | Pay Range:
San Jose, California | ($143,500.00 - $212,850.00 Annually)
Additional Location(s) | Pay Range:
Chicago, Illinois | ($130,500.00 - $193,600.00 Annually)
Austin, Texas | ($130,500.00 - $193,600.00 Annually)
Scottsdale, Arizona | ($123,500.00 - $183,700.00 Annually)
Omaha, Nebraska | ($123,500.00 - $183,700.00 Annually)
Additional compensation for this role may include an annual performance bonus, equity, or other incentive compensation, as applicable.
PayPal does not charge candidates any fees for courses, applications, resume reviews, interviews, background checks, or onboarding. When making an application directly, we will never ask you to share passwords, one-time passcodes (OTP), or verification codes. Any such request is a red flag and likely part of a scam. All communication regarding your application will come from official PayPal email domains. If you suspect fraudulent activity, please report it immediately. To learn more about how to identify and avoid recruitment fraud please visit https://careers.pypl.com/contact-us.
For the majority of employees, PayPal's balanced hybrid work model offers 3 days in the office for effective in-person collaboration and 2 days at your choice of either the PayPal office or your home workspace, ensuring that you equally have the benefits and conveniences of both locations.
Our Benefits:
At PayPal, we’re committed to building an equitable and inclusive global economy. And we can’t do this without our most important asset - you. That’s why we offer comprehensive, choice-based programs, to support all aspects of personal wellbeing—physical, emotional, and financial—delivering meaningful value where it matters most. We strive to create a flexible, balanced work culture with a holistic approach to benefits, including generous paid time off, healthcare coverage for you and your family, and resources to create financial security and support your mental health.
Who We Are:
Commitment to Diversity and Inclusion
PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state, or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities. If you are unable to submit an application because of incompatible assistive technology or a disability, please contact us at paypalglobaltalentacquisition@paypal.com.
Belonging at PayPal:
Our employees are central to advancing our mission, and we strive to create an environment where everyone can do their best work with a sense of purpose and belonging. Belonging at PayPal means creating a workplace with a sense of acceptance and security where all employees feel included and valued. We are proud to have a diverse workforce reflective of the merchants, consumers, and communities that we serve, and we continue to take tangible actions to cultivate inclusivity and belonging at PayPal.
Any general requests for consideration of your skills, please Join our Talent Community.
We know the confidence gap and imposter syndrome can get in the way of meeting spectacular candidates. Please don’t hesitate to apply.
See all 634+ Operational Risk Manager jobs
Sign up for free to unlock all listings, filter by visa type, and get alerts for new Operational Risk Manager roles.
Get Access To All JobsTips for Finding H-1B Visa Sponsorship as an Operational Risk Manager
Match your degree to SOC codes
Operational Risk Manager roles map to SOC 13-2099 or 11-3031 depending on the employer's LCA filing. Pull the O*NET profile for each code to confirm your degree field aligns before you apply.
Target firms with LCA filing history
Search Migrate Mate to filter Operational Risk Manager roles by employers with verified H-1B LCA filings. This removes guesswork and surfaces companies already set up to sponsor your petition.
Verify prevailing wage before negotiating
Your employer's LCA must certify a wage at or above the DOL prevailing wage for your location and job level. Run the OFLC Wage Search for your metro area before entering salary discussions so you know the floor.
Prioritize cap-exempt and large financial sponsors
Banks, insurance groups, and asset managers classified as H-1B-dependent employers face additional compliance scrutiny under DOL rules. Ask HR whether the firm is H-1B-dependent and how they handle attestation before you accept an offer.
Document risk credentials for the specialty occupation test
USCIS officers sometimes issue RFEs questioning whether Operational Risk Manager roles require a specific degree. Compile FRM certification records, degree transcripts, and job description language tying the role to quantitative finance or risk methodology.
Operational Risk Manager jobs are hiring across the US. Find yours.
Find Operational Risk Manager JobsOperational Risk Manager H-1B Visa: Frequently Asked Questions
Does an Operational Risk Manager role qualify as an H-1B specialty occupation?
Yes, provided the employer's job description requires at least a bachelor's degree in a directly related field such as finance, economics, accounting, or risk management. Generic management roles that accept any degree are more likely to trigger an RFE. Roles tied to Basel III compliance, model risk governance, or quantitative risk frameworks strengthen the specialty occupation argument considerably.
Which types of employers most commonly sponsor H-1B visas for this role?
Large commercial banks, investment banks, insurance carriers, and management consulting firms account for most H-1B LCA filings for Operational Risk Manager positions. Regulatory requirements under frameworks like Basel III and Dodd-Frank create sustained demand for risk professionals, which makes these employers more likely to have established H-1B sponsorship processes. You can browse verified sponsors on Migrate Mate.
Can I transfer my H-1B to a new Operational Risk Manager role at a different firm?
Yes. Under the H-1B portability rules in AC21, you can start working for a new employer as soon as they file your transfer petition, provided your current H-1B has been approved for at least 180 days. The new employer must file a fresh I-129 with a new LCA, and the role must still qualify as a specialty occupation.
How does the DOL prevailing wage affect the offer I can negotiate?
Your employer's LCA must certify that your wage meets or exceeds the DOL prevailing wage for your job level and work location. The OFLC Wage Search publishes four wage levels based on experience and supervisory responsibility. If an employer offers below that threshold, they can't legally file the LCA, so knowing your level's prevailing wage before negotiating sets a firm lower bound.
What documents should I prepare to support the H-1B petition for this role?
You'll need official degree transcripts, a credential evaluation if your degree is from outside the U.S., and any professional certifications such as the FRM or CFA. The employer prepares the I-129 and LCA, but providing a detailed resume with quantitative responsibilities and risk framework experience helps the attorney draft a stronger specialty occupation argument and reduces RFE risk.
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