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Operational Risk Management Jobs in Missouri (NOW HIRING)

GBSC delivers value to internal stakeholders by driving operational efficiencies, enhancing ... risk management plans to ensure high quality and performance. The GBSC Risk Manager is a position ...

GBSC delivers value to internal stakeholders by driving operational efficiencies, enhancing ... risk management plans to ensure high quality and performance. The GBSC Risk Manager is a position ...

Strong experience in technology risk management, technology controls, cybersecurity, operational risk, engineering risk management, or related disciplines. * Strong understanding of technology ...

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Operational Risk Management information

See Missouri salary details

$44.1K

$113.2K

$222.3K

How much do operational risk management jobs pay per year?

As of Jul 12, 2026, the average yearly pay for operational risk management in Missouri is $113,222.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,900.00 and $149,100.00 per year, depending on experience, location, and employer.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, often using risk management tools and frameworks, and ensure compliance with regulations. Their role involves analyzing data, implementing controls, and working with various departments to minimize operational losses.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

Is risk management a good career?

Operational risk management is a valuable career that involves identifying, assessing, and mitigating risks within organizations to ensure stability and compliance. It often requires strong analytical skills, knowledge of industry regulations, and certifications such as FRM or ORM. The field offers opportunities for advancement and is essential across various industries, including finance, healthcare, and manufacturing.

What is the difference between Operational Risk Management vs Risk Analyst?

AspectOperational Risk ManagementRisk Analyst
CredentialsCertifications like FRM, CRM, or RIMS; relevant degrees in finance, risk management, or businessSimilar certifications; degrees in finance, economics, or related fields
Work EnvironmentCorporate offices, financial institutions, or industries with risk management departmentsFinancial firms, consulting agencies, or corporate risk teams
Employer & Industry UsageUsed across banking, insurance, and large corporations to manage operational risksCommonly employed in finance, insurance, and consulting to analyze risk data

Operational Risk Management focuses on identifying, assessing, and mitigating risks related to daily business operations. Risk Analysts analyze data to evaluate potential risks and support decision-making. While both roles require similar credentials and work environments, Operational Risk Managers oversee comprehensive risk strategies, whereas Risk Analysts focus on data analysis and risk assessment.

What are the key skills and qualifications needed to thrive as an Operational Risk Manager, and why are they important?

To thrive as an Operational Risk Manager, you need strong analytical abilities, knowledge of risk assessment frameworks, and typically a degree in finance, business, or a related field. Familiarity with risk management software, regulatory compliance systems, and certifications like FRM or ORM are commonly required. Exceptional communication, problem-solving, and stakeholder management skills help you influence business processes and foster a risk-aware culture. These skills ensure the effective identification, mitigation, and communication of risks, safeguarding organizational assets and compliance.

What is the highest salary for a risk manager?

The highest salary for a risk manager can exceed $150,000 annually, especially for those with extensive experience, advanced certifications like FRM or CFA, and leadership roles in large organizations. Senior risk managers or directors in financial services or multinational corporations often earn the top-tier salaries in this field.

What is operational risk management?

Operational risk management is the process of identifying, assessing, and controlling risks that arise from an organization’s day-to-day operations. These risks can include system failures, human errors, fraud, or external events that could disrupt business processes. Effective operational risk management helps organizations minimize losses and ensure business continuity by implementing controls, monitoring processes, and developing contingency plans. It is an essential component of overall risk management in industries such as finance, healthcare, and manufacturing.

What are common challenges faced by professionals in Operational Risk Management, and how can they be addressed?

Professionals in Operational Risk Management often face challenges such as identifying emerging risks, ensuring regulatory compliance, and fostering a risk-aware culture across departments. These challenges can be addressed by staying updated on industry regulations, implementing robust risk assessment tools, and promoting open communication with business units. Regular training and collaboration with other risk management functions also help in proactively managing potential operational threats and ensuring organizational resilience.
What are popular job titles related to Operational Risk Management jobs in Missouri? For Operational Risk Management jobs in Missouri, the most frequently searched job titles are:
Infographic showing various Operational Risk Management job openings in Missouri as of July 2026, with employment types broken down into 82% Full Time, and 18% Part Time. Highlights an 100% In-person job distribution, with an average salary of $113,222 per year, or $54.4 per hour.
Operational Risk Manager

Operational Risk Manager

Simmons Bank

Saint Louis, MO

Full-time

Posted 11 days ago


Simmons Bank rating

7.6

Company rating: 7.6 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

85th of 149 rated banks


Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Position Summary

Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls to minimize operational losses, and safeguard its reputation. Leads and mentors risk management team in the development and execution of risk frameworks, works closely with business units to support risk-aware decision making, enhancement of organizational resiliency, and ensures alignment with enterprise strategy. Responsible for presenting comprehensive risk insights to executive and board-level stakeholders and ensuring continuous improvement of risk management practices across the organization.

Essential Duties and Responsibilities

  • Directs the creation, review, and continuous improvement of Operational Risk Management policies and frameworks across the organization.

  • Establishes and oversees processes for identifying, assessing, and prioritizing Operational Risks organization-wide, including Risk and Control Self-Assessments (RCSA) and Scenario Analysis.

  • Responsible for the development, execution, and oversight of risk mitigation tracking processes and supporting business units in validating effective risk controls are in place.

  • Monitor, analyze, and report on operational risk exposures to management and the board, providing actionable insights and recommendations.

  • Designs and executes risk management communication and training strategies. Supports enterprise-wide operational risk culture change initiatives.

  • Selects, implements, and optimizes GRC systems; leads tool adoption and integration.

  • Establishes a culture of proactive problem-solving; Anticipates organizational risks and develops innovative, enterprise-wide solutions for complex challenges.

  • Other duties as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

  • Demonstrates exceptional communication skills at the executive and board level; crafts and delivers high-impact presentations; represents the Operational Risk function in external and high-stakes internal engagements.

  • Builds consensus among senior leadership and external partners; drives enterprise-wide Operational Risk initiatives through influence and strategic partnerships; acts as a trusted advisor on risk matters.

  • Leads advanced analytics initiatives; develops new methodologies and provides strategic insights to leadership.

  • Sets quality standards for the team; implements controls to ensure accuracy and compliance.

  • Designs and presents to executive leadership and external stakeholders; recognized as a thought leader.

Education and/or Experience

  • Advanced degree (Master's, MBA, or equivalent) required

  • 8+ years of relevant experience in banking or financial services, including significant leadership and strategic responsibilities.

  • 5+ years of direct risk management or related experience, with extensive leadership in risk management functions and cross-functional teams. Recognized as a subject matter expert and thought leader in risk management.

Computer Skills

  • MS Office programs

  • Advanced GRC and Analytics Tools

Certificates, Licenses, Registrations

  • Risk Management Certification (CREP or similar) preferred

Other Qualifications (including physical requirements)

Other

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Activities, duties and responsibilities may change at any time with or without notice.

Skills Training

  • Communication

  • Time Management

  • Critical Thinking

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.


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