Period
to 18 November 2017

The median annual salary for an Operational Risk Manager was £65,000 in advertised job vacancies in England during the 6 months to 18 November 2017.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

Operational Risk Manager
UK > England
6 months to
18 Nov 2017
Same period 2016 Same period 2015
Rank 1150 1174 1256
Rank change year-on-year +24 +82 +30
Permanent jobs requiring an Operational Risk Manager 9 11 21
As % of all permanent IT jobs advertised in England 0.005% 0.006% 0.010%
As % of the Job Titles category 0.006% 0.006% 0.011%
Number of salaries quoted 7 11 17
England median annual salary £65,000 £72,500 £55,000
Median salary % change year-on-year -10.34% +31.82% -19.12%
10th Percentile £37,500 £38,750 £45,000
90th Percentile £117,000 £111,750 £65,750
UK median annual salary £65,000 £75,000 £55,000
% change year-on-year -13.33% +36.36% -19.12%

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies advertised in England. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

All Permanent IT Job Vacancies
England
Permanent vacancies in England with a recognized job title 160513 172941 198856
% of permanent IT jobs with a recognized job title 95.70% 96.50% 96.51%
Number of salaries quoted 129735 146008 166765
England median annual salary £50,000 £47,500 £46,000
Median salary % change year-on-year +5.26% +3.26% +2.22%
10th Percentile £27,500 £27,250 £26,250
90th Percentile £78,750 £77,500 £75,000
UK median annual salary £48,000 £47,500 £45,000
% change year-on-year +1.05% +5.56% -

Operational Risk Manager
Job Vacancy Trend in England

Job postings that featured Operational Risk Manager in the job title as a percentage of all IT jobs advertised in England.

Job vacancy trend for Operational Risk Manager in England

Operational Risk Manager
Salary Trend in England

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Operational Risk Manager in England.

Salary trend for Operational Risk Manager in England

Operational Risk Manager
Salary Histogram in England

The salary distribution of IT jobs citing Operational Risk Manager in England over the 6 months to 18 November 2017.

Salary histogram for Operational Risk Manager in England

Operational Risk Manager
Job Locations in England

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Operational Risk Manager within the England region over the 6 months to 18 November 2017. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Job
Vacancies
London -3 4 £115,000 +58.62%
South East +37 3 £65,000 -35.00%
East Midlands - 2 £40,000 -
Midlands - 2 £40,000 -
Operational Risk Manager
UK

Operational Risk Manager Skill Set
Top 30 Co-occurring IT Skills in England

For the 6 months to 18 November 2017, Operational Risk Manager job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads across the England region featuring Operational Risk Manager in the job title.

1 5 (55.56%) Risk Management
1 5 (55.56%) Finance
2 3 (33.33%) Business Continuity
2 3 (33.33%) Data Management
2 3 (33.33%) Solvency II
2 3 (33.33%) Data Governance
2 3 (33.33%) Data Quality
3 2 (22.22%) Cybersecurity
3 2 (22.22%) Degree
3 2 (22.22%) Investment Management
3 2 (22.22%) Information Security
3 2 (22.22%) Stakeholder Management
3 2 (22.22%) Financial Institution
3 2 (22.22%) Regulatory Compliance
3 2 (22.22%) GDPR
3 2 (22.22%) Management Information System
3 2 (22.22%) IT Strategy
4 1 (11.11%) Reference Data Management
4 1 (11.11%) Disaster Recovery
4 1 (11.11%) Change Management
4 1 (11.11%) Risk Assessment
4 1 (11.11%) Banking
4 1 (11.11%) Investment Banking
4 1 (11.11%) Incident Management
4 1 (11.11%) Reference Data
4 1 (11.11%) Spreadsheet
4 1 (11.11%) Stakeholder Engagement
4 1 (11.11%) Line Management
4 1 (11.11%) Analytical Skills
4 1 (11.11%) Internal Audit

Operational Risk Manager Skill Set
Co-occurring IT Skills in England by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same job type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Applications
1 1 (11.11%) Spreadsheet
General
1 5 (55.56%) Finance
2 2 (22.22%) Financial Institution
3 1 (11.11%) Banking
3 1 (11.11%) Investment Banking
Miscellaneous
1 2 (22.22%) Management Information System
2 1 (11.11%) Analytical Skills
2 1 (11.11%) Reference Data
2 1 (11.11%) Virtual Team
Processes & Methodologies
1 5 (55.56%) Risk Management
2 3 (33.33%) Business Continuity
2 3 (33.33%) Data Governance
2 3 (33.33%) Data Management
3 2 (22.22%) Cybersecurity
3 2 (22.22%) Information Security
3 2 (22.22%) Investment Management
3 2 (22.22%) IT Strategy
3 2 (22.22%) Regulatory Compliance
3 2 (22.22%) Stakeholder Management
4 1 (11.11%) Change Management
4 1 (11.11%) Disaster Recovery
4 1 (11.11%) Incident Management
4 1 (11.11%) Internal Audit
4 1 (11.11%) Line Management
4 1 (11.11%) Reference Data Management
4 1 (11.11%) Risk Assessment
4 1 (11.11%) Stakeholder Engagement
4 1 (11.11%) Virtual Team Management
Qualifications
1 2 (22.22%) Degree
Quality Assurance & Compliance
1 3 (33.33%) Data Quality
1 3 (33.33%) Solvency II
2 2 (22.22%) GDPR