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Bank Risk Management Jobs in Indiana (NOW HIRING)

What you'll bring to Circle: * 10+ years of experience in fraud risk management in fintech, payments, banking, or financial services. * Strong understanding of fraud threats, including synthetic ...

What you'll bring to Circle: * 10+ years of experience in fraud risk management in fintech, payments, banking, or financial services. * Strong understanding of fraud threats, including synthetic ...

What you'll bring to Circle: * 10+ years of experience in fraud risk management in fintech, payments, banking, or financial services. * Strong understanding of fraud threats, including synthetic ...

What you'll bring to Circle: * 10+ years of experience in fraud risk management in fintech, payments, banking, or financial services. * Strong understanding of fraud threats, including synthetic ...

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Showing results 1-20

Bank Risk Management information

See Indiana salary details

$49K

$106.2K

$161.8K

How much do bank risk management jobs pay per year?

As of May 30, 2026, the average yearly pay for bank risk management in Indiana is $106,153.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,600.00 and $122,800.00 per year, depending on experience, location, and employer.

What is a Bank Risk Management job?

A Bank Risk Management job involves identifying, assessing, and mitigating financial risks that could impact a bank's operations and stability. Professionals in this role analyze credit, market, operational, and regulatory risks to ensure the bank complies with industry standards and maintains financial security. They develop risk models, monitor exposure, and implement strategies to minimize potential losses. Strong analytical skills, regulatory knowledge, and financial expertise are essential for this role.

What are the key skills and qualifications needed to thrive in the Bank Risk Management position, and why are they important?

To thrive in Bank Risk Management, you generally need strong analytical skills, knowledge of finance and banking regulations, and a degree in finance, economics, or a related field. Familiarity with risk assessment tools, statistical software (such as SAS or R), and certifications like FRM (Financial Risk Manager) or CFA are highly valued. Excellent communication, critical thinking, and problem-solving abilities are important soft skills for interpreting data and presenting recommendations to stakeholders. These capabilities are essential for identifying, assessing, and mitigating risks that could impact the financial health and regulatory compliance of the bank.

What are some common challenges faced in a Bank Risk Management role?

One of the primary challenges in Bank Risk Management is staying updated with constantly evolving regulatory requirements and ensuring the bank's practices remain compliant. Additionally, professionals in this field must analyze complex financial data to anticipate and mitigate potential risks, which requires accuracy and keen attention to detail. Collaboration with other departments, such as credit, compliance, and operations teams, is frequent and essential for gathering information and implementing risk strategies. Successfully navigating these challenges improves organizational resilience and protects the bank's financial stability.
What are the most commonly searched types of Bank Risk Management jobs in Indiana? The most popular types of Bank Risk Management jobs in Indiana are:
What job categories do people searching Bank Risk Management jobs in Indiana look for? The top searched job categories for Bank Risk Management jobs in Indiana are:
Operational Risk Analyst

Full-time

Medical, Dental, Vision, Retirement

Posted 21 days ago


Job description

Is it a Bank? A cooperative? A leader in affordable housing? We are all those things and more!
Our core mission at FHLBank Indianapolis is to provide reliable and readily available liquidity to our member institutions to support housing finance and community development. Simply put, we're a bank for banks, credit unions, community development financial institutions and insurers across Indiana and Michigan. We also assist in meeting the economic and housing needs of communities and families through grants and subsidized advances that support affordable housing and economic development.
But enough about us, let's talk about you.
Are you looking for a company that views their employees as their greatest asset?
A company that's dedicated to making a difference in the community? So much so they pay their employees to volunteer?
Do you want to join a talented workforce that prioritizes equal opportunity within an inclusive culture, and promotes learning and development, unique skills/ideas, and employee engagement?
If you've said yes to these questions, then we might be a match!
Here is what we offer:
  • Flexible hybrid workforce model: Onsite three days a week and two days remote. We also offer remote flex days!
  • Fantastic, competitive pay and total rewards
  • Industry-high 401(k) match: up to 6% PLUS...an additional 4% contribution!
  • Tuition reimbursement assistance: To help you continue to develop personally and professionally.
  • Student loan repayment assistance: That's right, we will help you repay outstanding student loans!
  • Awesome Benefits Package: Medical, dental, vision benefits and even pet (you read that right) insurance!
  • Generous time off: Vacation, paid federal holidays, birthday month floating holiday, volunteer day and summer hours program
  • "Dress for your day" dress code: You choose the appropriate work attire based on what your day looks like.

Statistics show that it is less likely for some candidates to submit their application if they don't meet all the criteria within the job description. If this is you, we encourage you to give yourself a chance and submit your application anyway, as you may be the perfect match for this role!
Purpose:
The Operational Risk Analyst is responsible for supporting the Operational Risk Management Group to ensure the Bank's operational risk management program within the Bank adequately identifies, assesses, measures, monitors, and reports operational risks enterprise wide. The Operational Risk Analyst will interact with process owners across the Bank to understand business processes and the risk and control environment and identify process improvements. The Operational Risk Analyst will assist in the preparation, analysis, and reporting of information to management and the Bank's Board of Directors.
The following statements are intended to describe the general nature and level of work being performed by persons assigned to the job. They are not intended to be an exhaustive list of all responsibilities or abilities required of persons so classified. The Bank reserves the right to alter or amend this description at any time.
Specific Responsibilities:
  • Provides support to the Director, Enterprise Risk with implementing aspects of the operational risk management framework.
  • Monitors and follows up on the operational risk events submitted by management to ensure corrective actions occurred. Including a root cause analysis on identified operational risk events.
  • Prepares and analyzes data and trends of operational risk events and metrics to identify anomalies or trending concerns.
  • Provides monthly reporting to key stakeholders on the status of operational risk events.
  • Maintains the Bank's end user computing inventory utilized by the current tool and performs periodic testing, review and program updates for the end user developed program.
  • Completes the quarterly calculation and reporting of the operational risk estimate calculation and provides evidence to the appropriate departments and assists with maintenance and reporting of documentation on an ongoing basis.
  • Prepares various operational risk reports for the Bank's Risk Committee, the Board Risk Oversight Committee, and other key stakeholders.
  • Perform regular reviews of Operational Risk Management Group procedures to ensure procedures are updated and reflect current practices.
  • Other risk management projects and duties, as assigned.

Competencies:
Business
  • Business workflow

General
  • Dependability
  • Decision Making/Judgment

People
  • Communication

Position Requirements:
  • Bachelor's degree, along with 1-2 years' of operational risk, compliance, or audit experience, in a financial services environment.
  • Detail-oriented and ability to assume complex assignments.
  • Proficient in Microsoft Office applications (i.e. Access and Excel) is preferred.
  • High degree of initiative, strong analytical skills, excellent oral and written communication skills, and the ability to interact effectively with management.
  • Ability to be adaptable and flexible while responding to deadlines on assignments and workflow fluctuations.
  • Ability to manage a variety of projects simultaneously.
  • Must not have been convicted on any civil or criminal charge that would suggest a risk to Bank security.
  • Ability to work full-time.
  • Ability to uphold and model the Bank's Guiding Principles.

Hiring Range: $74,000-87,000
Hiring ranges reflect the base salary that the Bank reasonably expects to pay for a given role and is not inclusive of annual incentive award opportunities, retirement benefits or the value of other health and welfare or other ancillary benefits. We consider many factors when determining base salaries such as individual background and experience, the competitive environment, education, particular skill set(s), and industry and institutional knowledge.
FHLBank Indianapolis is an Equal Opportunity Employer.