Risk Manager Visa Sponsorship Jobs in New Jersey
New Jersey's dense concentration of financial services firms, insurance companies, and pharmaceutical multinationals makes it one of the stronger markets for risk manager visa sponsorship on the East Coast. Major employers in Newark, Jersey City, and Parsippany regularly hire for risk management roles across credit, operational, and enterprise risk functions.
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Get Access To All JobsINTRODUCTION
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
ROLE AND RESPONSIBILITIES
This job is responsible for executing second line of defense compliance and operational risk oversight for a Front Line Unit, Control Function, and/or Third Parties. Key responsibilities include ensuring requirements of the Global Compliance Enterprise Policy, the Operational Risk Management Enterprise Policy (collectively “the Policies”), the Compliance and Operational Risk Management Program and Standard Operating Procedures are implemented and identifying, challenging, escalating, and mitigating risks in a timely manner.
- Assesses risks and effectiveness of Front Line Unit (FLU) processes and controls to ensure compliance with applicable laws, rules, and regulations, while responding to regulatory inquiries, other audits, and examinations
- Engages in activities to provide independent compliance and operational risk oversight of FLU or Control Function (CF) performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management Program and Standard Operating Procedures
- Identifies and escalates problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses
- Manages inventory of processes, risks, controls, and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities
- Assists in the development of independent risk management reporting for respective area(s) of coverage as input into country/regional governance and management routines
- Analyzes and interprets applicable laws, rules, and regulations to provide clear and practical advice to stakeholders, and identify and manage risks
- Reviews and challenges FLU/CF process, risk, Single Process Inventory, and FLU/CF Risk and Control Self-Assessment related to themes or trends, while monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverage
BASIC QUALIFICATIONS
- Minimum of seven years of relevant experience in a compliance or risk 2nd line function
- Experience with Alternative Investments, CIO, or treasury products
- May require regulatory examination/registration or certification, depending on jurisdiction and role
PREFERRED QUALIFICATIONS
- Bachelor’s Degree in a related field
- Experience in financial services and/or a similarly regulated sector
PREFERRED TECHNICAL SKILLS
- Credible Challenge
- Issues Management & Resolution
- Process Management & Inventory
- Regulatory Knowledge
- Risk Identification & Assessment
- Products, Services & Acumen
- Compliance Risk Principles
- Conduct Risk Principles
- Compliance & Operational Risk Program Management
- Operational Risk Principles
SKILLS
- Advisory
- Monitoring, Surveillance, and Testing
- Regulatory Compliance
- Reporting
- Risk Management
- Critical Thinking
- Influence
- Interpret Relevant Laws, Rules, and Regulations
- Issue Management
- Policies, Procedures, and Guidelines Management
- Business Process Analysis
- Decision Making
- Negotiation
- Process Management
- Written Communications
SHIFT
1st shift (United States of America)
HOURS PER WEEK
40
INTRODUCTION
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates’ physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
ROLE AND RESPONSIBILITIES
This job is responsible for executing second line of defense compliance and operational risk oversight for a Front Line Unit, Control Function, and/or Third Parties. Key responsibilities include ensuring requirements of the Global Compliance Enterprise Policy, the Operational Risk Management Enterprise Policy (collectively “the Policies”), the Compliance and Operational Risk Management Program and Standard Operating Procedures are implemented and identifying, challenging, escalating, and mitigating risks in a timely manner.
- Assesses risks and effectiveness of Front Line Unit (FLU) processes and controls to ensure compliance with applicable laws, rules, and regulations, while responding to regulatory inquiries, other audits, and examinations
- Engages in activities to provide independent compliance and operational risk oversight of FLU or Control Function (CF) performance and any related third party/vendor relationships in alignment with the Global Compliance - Enterprise Policy, the Operational Risk Management - Enterprise Policy (collectively the Policies) and the Compliance and Operational Risk Management Program and Standard Operating Procedures
- Identifies and escalates problems or issues that arise and drives actions to address the root causes that lead to compliance risk issues and/or operational risk losses
- Manages inventory of processes, risks, controls, and associated metrics for risk appetite and limits, reporting violations of compliance or regulatory activities
- Assists in the development of independent risk management reporting for respective area(s) of coverage as input into country/regional governance and management routines
- Analyzes and interprets applicable laws, rules, and regulations to provide clear and practical advice to stakeholders, and identify and manage risks
- Reviews and challenges FLU/CF process, risk, Single Process Inventory, and FLU/CF Risk and Control Self-Assessment related to themes or trends, while monitoring the regulatory environment to identify regulatory changes applicable to area(s) of coverage
BASIC QUALIFICATIONS
- Minimum of seven years of relevant experience in a compliance or risk 2nd line function
- Experience with Alternative Investments, CIO, or treasury products
- May require regulatory examination/registration or certification, depending on jurisdiction and role
PREFERRED QUALIFICATIONS
- Bachelor’s Degree in a related field
- Experience in financial services and/or a similarly regulated sector
PREFERRED TECHNICAL SKILLS
- Credible Challenge
- Issues Management & Resolution
- Process Management & Inventory
- Regulatory Knowledge
- Risk Identification & Assessment
- Products, Services & Acumen
- Compliance Risk Principles
- Conduct Risk Principles
- Compliance & Operational Risk Program Management
- Operational Risk Principles
SKILLS
- Advisory
- Monitoring, Surveillance, and Testing
- Regulatory Compliance
- Reporting
- Risk Management
- Critical Thinking
- Influence
- Interpret Relevant Laws, Rules, and Regulations
- Issue Management
- Policies, Procedures, and Guidelines Management
- Business Process Analysis
- Decision Making
- Negotiation
- Process Management
- Written Communications
SHIFT
1st shift (United States of America)
HOURS PER WEEK
40
Risk Manager Job Roles in New Jersey
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Search Risk Manager Jobs in New JerseyRisk Manager Jobs in New Jersey: Frequently Asked Questions
Which companies sponsor visas for risk managers in New Jersey?
Financial services firms and insurance companies are among the most active sponsors for risk manager roles in New Jersey. Employers such as Prudential Financial, Cognizant, and Conduent have documented H-1B visa sponsorship histories in the state. Large pharmaceutical companies headquartered in New Jersey, including Johnson and Johnson and Merck, also sponsor risk management professionals for enterprise and compliance-focused positions.
Which visa types are most common for risk manager roles in New Jersey?
The H-1B is the most common visa for risk managers in New Jersey, as the role typically qualifies as a specialty occupation requiring at least a bachelor's degree in finance, business, statistics, or a related field. Candidates with advanced degrees may also pursue the EB-2 immigrant visa pathway. Some multinational employers use the L-1A or L-1B for internal transfers into risk management positions.
Which cities in New Jersey have the most risk manager sponsorship jobs?
Jersey City and Newark concentrate the highest volume of risk manager sponsorship activity in New Jersey, driven by their proximity to New York City's financial sector and the presence of major bank and insurance operations. Parsippany and Florham Park are notable hubs for pharmaceutical and corporate risk roles. Princeton and New Brunswick also generate demand through research-intensive employers and university-affiliated organizations.
How to find risk manager visa sponsorship jobs in New Jersey?
Migrate Mate filters job listings specifically by visa sponsorship availability, making it straightforward to find risk manager roles in New Jersey without sorting through positions that don't offer sponsorship. You can narrow results by location, role type, and visa category. Given the concentration of financial services and insurance employers in the state, new sponsoring roles appear regularly, so checking Migrate Mate consistently improves your chances of catching fresh postings.
Are there state-specific factors that affect visa sponsorship for risk managers in New Jersey?
New Jersey employers sponsoring H-1B workers must comply with Department of Labor prevailing wage requirements for the specific county and role. Risk manager positions in Jersey City may be benchmarked against New York metropolitan area wage levels, which tend to be higher than statewide averages. New Jersey's heavy presence of financial services and life sciences firms also means many employers have established immigration programs, which can streamline the sponsorship process compared to smaller or less experienced companies.
What is the prevailing wage for sponsored risk manager jobs in New Jersey?
U.S. employers sponsoring a visa must pay at least the prevailing wage, which is what workers in the same role, area, and experience level typically earn. The Department of Labor sets this rate to make sure companies aren't hiring foreign workers simply because they'd accept lower pay than a U.S. worker. It varies by job title, location, and experience. You can look up current prevailing wage rates for any occupation and location using the OFLC Wage Search page.