ZipRecruiter

Log In

1

Operational Risk Manager Jobs in Iowa (NOW HIRING)

GreenState Credit Union

VP Credit Risk Management

Clive, IA · On-site

$186K - $218K/yr

... Operations, Risk Analytics, Collections, Special Assets, and Legal. * Underwriting & Risk Oversight ... Portfolio Management & Analytics • Monitor and report on Key Indicators (KIs); such as auto ...

Transamerica

Senior Analyst, ORM

Cedar Rapids, IA · On-site

$80K - $95K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Summary This new second line operational risk management role will support the day-to-day execution of the Investment Office, performing Transamerica Operational Risk Management activities including ...

Aegon

Director, ORM Methodology and Reporting

Cedar Rapids, IA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Summary As Transamerica continues to strengthen and evolve its Operational Risk Management (ORM) program, we are creating a new leadership opportunity to drive the next phase of our methodology and ...

Pwc

R&I Managed Services Deals Desk Senior Manager

Des Moines, IA · On-site

$91K - $321K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

... risk management. You will be responsible for identifying and mitigating potential risks that could impact an organization's operations and objectives, developing business strategies to navigate risks ...

Cambridge

Operations Support Consultant

Fairfield, IA · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This role is responsible for researching and resolving nuanced accounts, money movement, and client service issues while balancing risk management, operational controls, and an exceptional service ...

previous pagenext page

Showing results 21-40

All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Iowa

Operational Risk Manager information

See Iowa salary details

$44.1K

$113.4K

$222.6K

How much do operational risk manager jobs pay per year?

As of Aug 13, 2026, the average yearly pay for operational risk manager in Iowa is $113,374.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,000.00 and $149,300.00 per year, depending on experience, location, and employer.

What does an operational risk manager do?

An operational risk manager works to identify and limit the risk associated with a company’s operations. As an operational risk manager, your responsibilities involve assessing business operations, identifying issues, and creating reports on your findings. You then help develop policies and implement changes to lessen operational risks. Other duties include continually monitoring the business to find potential new threats and ensuring company compliance with laws and regulations.

What are some common challenges faced by operational risk managers in maintaining effective risk controls across different departments?

Operational Risk Managers often encounter challenges in ensuring consistent risk controls due to varying processes, priorities, and risk appetites across departments. Communication gaps and resistance to change can make it difficult to implement standardized procedures. Successfully overcoming these challenges involves building strong cross-functional relationships, conducting regular training, and fostering a risk-aware culture to ensure alignment on risk management practices throughout the organization.

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 a solid understanding of risk assessment, regulatory compliance, and internal controls, typically supported by a degree in finance, business, or a related field. Familiarity with risk management frameworks, GRC (governance, risk, and compliance) systems, and certifications such as FRM or ORM are highly valued. Strong analytical thinking, attention to detail, and effective communication skills set top performers apart in this role. These competencies are crucial for identifying, mitigating, and communicating operational risks, ensuring organizational stability and regulatory adherence.

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

AspectOperational Risk ManagerRisk Analyst
CertificationsCFA, FRM, or similarCFA, FRM, or similar
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial firms, consulting, corporate risk teams
ResponsibilitiesIdentify, assess, and mitigate operational risks; develop risk frameworksAnalyze risk data, support risk assessments, prepare reports

The Operational Risk Manager focuses on managing and mitigating operational risks within organizations, often holding certifications like CFA or FRM. In contrast, Risk Analysts primarily analyze risk data and support risk management processes. Both roles are vital in financial sectors and share similar credentials, but the Operational Risk Manager has a broader responsibility for risk mitigation strategies.

More about Operational Risk Manager jobs
What are the most commonly searched types of Operational Risk jobs in Iowa? The most popular types of Operational Risk jobs in Iowa are:
What are popular job titles related to Operational Risk Manager jobs in Iowa? For Operational Risk Manager jobs in Iowa, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Iowa look for? The top searched job categories for Operational Risk Manager jobs in Iowa are:
What cities in Iowa are hiring for Operational Risk Manager jobs? Cities in Iowa with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Iowa as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 15% Part Time, and 1% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $113,374 per year, or $54.5 per hour.

VP Credit Risk Management

GreenState Credit Union

Clive, IA • On-site

$186K - $218K/yr

Other

Posted 28 days ago

GreenState Credit Union rating

8.5

Company rating: 8.5 out of 10

Based on 5 frontline employees who took The Breakroom Quiz

Job description

Position Summary

The VP Credit Risk Management is a key member of senior management, responsible for designing, implementing, and overseeing credit underwriting for the organization. This role provides strategic direction to optimize portfolio performance while mitigating risk across Consumer, Mortgage and Commercial Lending portfolios. The VPCR will lead underwriting, policy development, and credit approval processes to ensure adherence to risk appetite, regulatory requirements and profitability targets.

GREENSTATE CULTURE:

At GreenState, our purpose is to create lasting value for our members, our communities, and one another. We empower our teams to create opportunities that strengthen financial well-being, transform lives, and enhance the vitality of the communities we serve. We know our success—now and in the future—is deeply rooted in fostering an engaging, diverse, and inclusive workplace where everyone knows they matter, their work makes an impact, and their everyday commitment to living our values is what brings our mission to life.  

Salary range for this position is $186,985.50 - $218,607.74 with a progressive benefit package. 

Essential Duties and Responsibilities Performs essential duties and responsibilities in the following areas which may include but are not limited to those listed and are subject to change.
  • Adheres to the Credit Union's core values and Service Standards in conducting GreenState's mission and vision.
  • Demonstrates a positive member service (internal and external) focus at all times.
  • Demonstrates teamwork in all interactions with coworkers and in the completion of all duties and responsibilities.
  • Ensures confidentiality of member information.
  • Supports a diverse and inclusive work environment.
  • Strategic Leadership & Governance• Develop and implement comprehensive credit underwriting strategies for Consumer, Mortgage, and Commercial lines of business, aligning with the Credit Union's overall risk appetite and growth goals.• Serve as a voting member of the Loan Committee, acting as the primary subject matter expert on complex credit decisions.• Ensure all credit policies, underwriting guidelines, and procedures are robust, current, and compliant with regulatory standards.• Provide regular reporting on portfolio quality, concentration risks, and emerging threats to the Executive Leadership Team.• Collaborate in the development processes to maximize recoveries, minimize losses, and support ongoing portfolio health through collaboration with Lending, Operations, Risk Analytics, Collections, Special Assets, and Legal.
  • Underwriting & Risk Oversight• Oversee the underwriting departments for all lending products, ensuring consistent, high quality, and compliant decisioning.• Maintain expert knowledge of, and ensure compliance with, regulations such as Ability to Repay/Qualified Mortgage (ATR/QM), Fair Lending (Reg B), Regulation 723, and FCRA.• Review and approve high-level, complex credit underwriting memorandums, including commercial real estate (CRE) and C&I loans.• Identify and mitigate risks associated with lending products, including fraud, collateral, and concentration risks.
  • Portfolio Management & Analytics• Monitor and report on Key Indicators (KIs); such as auto decisioning, approval and booking rates, across the Consumer, Mortgage and Commercial portfolios.• Collaborate with Lending, Operations, Risk Analytics, Collections, and Special Asset teams to strengthen underwriting standards, streamline workflow processes, enhance speed-to-decision, and improve the member experience.
  • Leadership & Team Development• Lead, mentor, and develop a high-performing team of managers, senior underwriters, analysts, and credit officers.• Foster a proactive risk culture focused on accountability, accuracy, and efficiency.
  • Regulatory Relations• Act as the primary point of contact for regulatory agencies on all credit underwriting matters.• Lead the remediation of issues related to credit underwriting.
    • Job Requirements/Expectations
  •  Qualifications• Bachelor’s degree in Finance, Accounting, Economics, or related field.• Minimum of 10+ years of progressive experience in credit underwriting management within a bank or credit union.• Minimum of 5+ years experience at a Director level or higher.• Deep knowledge of Commercial (C&I/CRE), Mortgage, and Consumer loan product underwriting.• Strong understanding of financial services rules and regulations (ATR/QM, Reg B, FCRA).• Comprehensive knowledge of valuation methodologies and appraisal standards applicable to both commercial and residential properties. • Familiarity with loan origination systems (LOS), data analytics tools, and Microsoft Office Suite.
  • Core Competencies• Ability to anticipate market trends and emerging risks.• Strong ability to interpret complex financial data and modeling.• Superior verbal and written skills, with the ability to present to the Board.• Sound, independent judgment in high paced environment.
    • Reporting Relationship This position reports to the Chief Risk Officer. Supervisory Responsibilities This position is responsible for the supervision of others. Equal Opportunity Employment Statement GreenState Credit Union is an EEO/AA Employer. We strongly encourage all individuals to apply for openings with the credit union. #LI #ID

    What GreenState Credit Union employees say

    Pay

    Hours and flexibility

    Workplace

    Get the full story on Breakroom

    Apply