Operational Risk Specialist Jobs
Operational Risk Specialist jobs are open across banking, insurance, fintech, and healthcare, from analyst-level to senior and principal roles, with specializations in regulatory compliance, enterprise risk frameworks, and loss event management. See the openings below and apply to the ones that match your experience.
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At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
Single Family Portfolio & Servicing is seeking a highly experienced Senior Operational Risk Lead to serve as a strategic risk advisor and integrator supporting the expansion of artificial intelligence, Generative AI, Agentic AI, cloud-based services, data platforms, and emerging technologies across the Division.
This role will be key to moving use cases from idea to production while ensuring controls are in place and risks are mitigated. The ideal candidate will partner closely with business, technology, cybersecurity, model risk, information risk, resiliency, and third-party risk teams to help enable responsible innovation while ensuring risks are appropriately identified, governed, mitigated, and monitored.
The successful candidate will bring deep technology expertise together with practical governance and risk management experience. The individual will help business leaders distinguish risks that can be engineered out through solution design, risks requiring controls and monitoring, and risks that management may consider accepting within established risk appetite and governance processes.
The role will:
- Enable responsible and timely adoption of AI and emerging technology by providing integrated technology risk guidance.
- Connect specialized risk domains into a coherent view.
- Translate complex architectures, data flows, and AI capabilities into clear business risk implications and practical mitigation options.
- Strengthen the integration of AI risk considerations into Freddie Mac governance, assessment, inventory, monitoring, and reporting processes.
Our Impact:
At Freddie Mac, our mission of Making Home Possible drives everything we do. As we advance into an AI-powered future, we are transforming how risk management is designed, implemented, and scaled—moving from manual processes to intelligent, automated, and embedded risk capabilities.
This role is part of a next-generation initiative to reimagine risk management through AI and automation, where controls are engineered into systems, not just documented.
Your Impact:
- Serve as a senior technology risk advisor for AI, Generative AI, Agentic AI, machine learning, cloud-native solutions, APIs, and other emerging technologies.
- Support implementation and continued evolution of Freddie Mac's AI Risk Governance Framework, associated tools, templates, inventories, and monitoring practices.
- Advise business and technology teams across the AI lifecycle, from ideation and design through implementation, production use, monitoring, and material change.
- Evaluate emerging AI capabilities and identify material technology, operational, cybersecurity, data, model, resiliency, third-party, regulatory, and compliance risks.
- Execute AI risk assessments and governance reviews.
- Manage AI inventories and ensure cases progress appropriately, track costs and return on investment, metrics, key risk indicators, and executive-level reporting.
- Partner with business and technology leaders to enable responsible adoption of AI and emerging technologies.
- Facilitate risk discussions across Technology, Cybersecurity, Architecture, Legal, Compliance, Privacy, Model Risk Management, Data, Third-Party Risk, Operational Resiliency, and Operational Risk.
- Develop practical recommendations that balance innovation, customer and business value, operational effectiveness, regulatory expectations, and risk management.
- Support risk acceptance, issue identification, escalation, remediation planning, and governance decisions for material concerns.
- Communicate complex technical and risk topics in concise language appropriate for executives, governance forums, and delivery teams.
Qualifications:
- Bachelor's degree in Computer Science, Information Technology, Information Systems, Cybersecurity, Engineering, Data Science, Risk Management, or a related discipline, advanced degree preferred.
- 8-10 years of relevant experience in technology risk, cybersecurity risk, information or data risk, AI or model risk, technology governance, enterprise risk management, technology architecture, or a closely related field.
- Demonstrated experience evaluating APIs and integrations, identity and access management, data architectures and data flows, cloud platforms and cloud security, AI and machine learning solutions, large language models, technology resiliency, and third-party technology services.
- Strong understanding of technology control environments, secure solution design, technology lifecycle management, risk assessment, issue management, and governance practices.
- Experience advising senior leaders and presenting complex technology and risk matters in clear, decision-oriented language.
- Ability to work across organizational boundaries and influence outcomes without direct authority.
Keys to Success in this Role:
- Quickly understands complex architectures, integrations, data flows, identity patterns, cloud services, and AI solution components.
- Connects multiple risk domains and identifies the risks that matter most to the decision at hand.
- Frames clear options for engineering out risk, implementing controls, monitoring residual risk, or pursuing risk acceptance.
- Converts technical detail into concise, actionable messages for senior leaders and governance forums.
- Builds alignment among delivery teams, risk partners, control functions, and deep subject matter experts.
- Operates proactively in a fast-changing environment and drives issues through resolution with disciplined follow-through.
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time FLSA Status:ExemptFreddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $126,000 - $188,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.At Freddie Mac, our mission of Making Home Possible is what motivates us, and it’s at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Join an organization where your work contributes to a greater purpose.
Position Overview:
Single Family Portfolio & Servicing is seeking a highly experienced Senior Operational Risk Lead to serve as a strategic risk advisor and integrator supporting the expansion of artificial intelligence, Generative AI, Agentic AI, cloud-based services, data platforms, and emerging technologies across the Division.
This role will be key to moving use cases from idea to production while ensuring controls are in place and risks are mitigated. The ideal candidate will partner closely with business, technology, cybersecurity, model risk, information risk, resiliency, and third-party risk teams to help enable responsible innovation while ensuring risks are appropriately identified, governed, mitigated, and monitored.
The successful candidate will bring deep technology expertise together with practical governance and risk management experience. The individual will help business leaders distinguish risks that can be engineered out through solution design, risks requiring controls and monitoring, and risks that management may consider accepting within established risk appetite and governance processes.
The role will:
- Enable responsible and timely adoption of AI and emerging technology by providing integrated technology risk guidance.
- Connect specialized risk domains into a coherent view.
- Translate complex architectures, data flows, and AI capabilities into clear business risk implications and practical mitigation options.
- Strengthen the integration of AI risk considerations into Freddie Mac governance, assessment, inventory, monitoring, and reporting processes.
Our Impact:
At Freddie Mac, our mission of Making Home Possible drives everything we do. As we advance into an AI-powered future, we are transforming how risk management is designed, implemented, and scaled—moving from manual processes to intelligent, automated, and embedded risk capabilities.
This role is part of a next-generation initiative to reimagine risk management through AI and automation, where controls are engineered into systems, not just documented.
Your Impact:
- Serve as a senior technology risk advisor for AI, Generative AI, Agentic AI, machine learning, cloud-native solutions, APIs, and other emerging technologies.
- Support implementation and continued evolution of Freddie Mac's AI Risk Governance Framework, associated tools, templates, inventories, and monitoring practices.
- Advise business and technology teams across the AI lifecycle, from ideation and design through implementation, production use, monitoring, and material change.
- Evaluate emerging AI capabilities and identify material technology, operational, cybersecurity, data, model, resiliency, third-party, regulatory, and compliance risks.
- Execute AI risk assessments and governance reviews.
- Manage AI inventories and ensure cases progress appropriately, track costs and return on investment, metrics, key risk indicators, and executive-level reporting.
- Partner with business and technology leaders to enable responsible adoption of AI and emerging technologies.
- Facilitate risk discussions across Technology, Cybersecurity, Architecture, Legal, Compliance, Privacy, Model Risk Management, Data, Third-Party Risk, Operational Resiliency, and Operational Risk.
- Develop practical recommendations that balance innovation, customer and business value, operational effectiveness, regulatory expectations, and risk management.
- Support risk acceptance, issue identification, escalation, remediation planning, and governance decisions for material concerns.
- Communicate complex technical and risk topics in concise language appropriate for executives, governance forums, and delivery teams.
Qualifications:
- Bachelor's degree in Computer Science, Information Technology, Information Systems, Cybersecurity, Engineering, Data Science, Risk Management, or a related discipline, advanced degree preferred.
- 8-10 years of relevant experience in technology risk, cybersecurity risk, information or data risk, AI or model risk, technology governance, enterprise risk management, technology architecture, or a closely related field.
- Demonstrated experience evaluating APIs and integrations, identity and access management, data architectures and data flows, cloud platforms and cloud security, AI and machine learning solutions, large language models, technology resiliency, and third-party technology services.
- Strong understanding of technology control environments, secure solution design, technology lifecycle management, risk assessment, issue management, and governance practices.
- Experience advising senior leaders and presenting complex technology and risk matters in clear, decision-oriented language.
- Ability to work across organizational boundaries and influence outcomes without direct authority.
Keys to Success in this Role:
- Quickly understands complex architectures, integrations, data flows, identity patterns, cloud services, and AI solution components.
- Connects multiple risk domains and identifies the risks that matter most to the decision at hand.
- Frames clear options for engineering out risk, implementing controls, monitoring residual risk, or pursuing risk acceptance.
- Converts technical detail into concise, actionable messages for senior leaders and governance forums.
- Builds alignment among delivery teams, risk partners, control functions, and deep subject matter experts.
- Operates proactively in a fast-changing environment and drives issues through resolution with disciplined follow-through.
Current Freddie Mac employees please apply through the internal career site.
We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
A safe and secure environment is critical to Freddie Mac’s business. This includes employee commitment to our acceptable use policy, applying a vigilance-first approach to work, supporting regulatory mandates, and using best practices to protect Freddie Mac from potential threats and risk. Employees exercise this responsibility by executing against policies and procedures and adhering to privacy & security obligations as required via training programs.
CA Applicants: Qualified applications with arrest or conviction records will be considered for employment in accordance with the Los Angeles County Fair Chance Ordinance for Employers and the California Fair Chance Act.
Notice to External Search Firms: Freddie Mac partners with BountyJobs for contingency search business through outside firms. Resumes received outside the BountyJobs system will be considered unsolicited and Freddie Mac will not be obligated to pay a placement fee. If interested in learning more, please visit www.BountyJobs.com and register with our referral code: MAC.
Time-type:Full time FLSA Status:ExemptFreddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.
This position has an annualized market-based salary range of $126,000 - $188,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.See All 68 Operational Risk Specialist Jobs
Find roles that match your experience and apply in just a few clicks.
Find JobsOperational Risk Specialist Job Market
Who's Hiring
Top Industries Hiring
- Banking & Financial Services
- Investment & Asset Management
- Fintech
- Technology & Software
What Employers Look For
The qualifications that appear most often in operational risk specialist jobs.
- Bachelor's degree in finance, business, economics, or a related quantitative field
- Experience conducting operational risk assessments and control testing using established frameworks
- Proficiency with governance, risk, and compliance platforms such as MetricStream, Archer, or ServiceNow GRC
- Familiarity with regulatory requirements such as Basel III, SOX, or bank regulatory guidance
- Professional certification such as CRMA, ORM, or CERP preferred or required
- Strong written communication skills for drafting risk reports, committee materials, and policy documentation
Tips for Your Operational Risk Specialist Job Search
Tailor your resume to risk frameworks
Hiring managers scan for specific frameworks like Basel III, COSO, or the Three Lines of Defense model. Name the frameworks you've worked within and describe how you applied them to real control assessments or risk reporting cycles.
Quantify your control testing results
Generic claims about 'improving risk processes' won't stand out. Describe the number of controls you tested in a cycle, the deficiencies you identified, and what remediation you drove. Reviewers notice concrete outcomes over vague ownership language.
Apply early to roles that fit
Migrate Mate lists operational risk specialist openings from across the United States in one place, so you can find roles that match and apply directly to each listing.
Filter by regulatory environment
An operational risk role at an OCC-regulated bank differs significantly from one at an insurance carrier under state oversight. Target openings whose regulatory context matches your background so your resume reads as directly relevant, not transferable.
Prepare a scenario answer for every risk category
Interviewers for these roles commonly ask how you handled a specific operational failure, a failed audit finding, or a gap in key risk indicators. Prepare a concrete example for process risk, technology risk, and third-party risk before any first-round interview.
Negotiate using total compensation, not title
Operational risk roles vary widely in scope and seniority across institutions. Research the internal grade level for the posting and ask about bonus eligibility tied to risk metrics cycles, which often represent a meaningful share of total compensation at financial services firms.
Operational Risk Specialist Jobs: Frequently Asked Questions
Which companies are hiring the most operational risk specialists?
The companies hiring the most operational risk specialists right now include JPMorganChase, Citi, and Capital One, with the largest share of openings in Texas, New York, and Virginia, based on current listings on Migrate Mate as of November 2026. Financial services firms and large regional banks consistently account for the highest concentration of open roles.
How many operational risk specialist jobs are remote?
About 73% of operational risk specialist openings are fully remote or hybrid as of November 2026, with remote arrangements most common in roles focused on policy development, risk reporting, and second-line oversight rather than hands-on control testing or audit facilitation, which tend to require on-site presence.
How do you become an operational risk specialist?
Start with a degree in finance, business, or a quantitative field, then gain experience in internal audit, compliance, or a business line risk role where you conduct control assessments or write risk reports. Earning a certification like the Certified Risk Management Assurance credential demonstrates applied knowledge. Building familiarity with a GRC platform strengthens your candidacy for most postings.
Can you get hired as an operational risk specialist with little experience?
Entry-level operational risk roles exist, particularly at large financial institutions that run structured analyst programs. Candidates with internship experience in internal audit, compliance testing, or financial controls are competitive. Highlighting coursework in risk management, familiarity with control frameworks, and any exposure to regulatory reporting can offset limited direct work history when applying to analyst-level postings.
What does the operational risk specialist interview process look like?
Most processes include an initial screening focused on your risk management background, followed by a technical round where you walk through a past risk assessment or explain how you'd evaluate a control gap. A final round often involves a panel with risk leadership or a business line partner. Some firms add a written case study asking you to identify risks in a described process.
Where can I find and apply to operational risk specialist jobs?
You can find and apply to operational risk specialist jobs on Migrate Mate, which lists current openings from across the United States. Search the listings to find roles that match your background and apply directly to each one that fits.
See All 68 Operational Risk Specialist Jobs
Find roles that match your experience and apply in just a few clicks.
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