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Operational Risk Manager Jobs in Kentucky (NOW HIRING)

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This role partners with Business Banking, Sales, Risk, Operations, Compliance, and payment processors to ensure efficient merchant onboarding while balancing customer service, risk management, fraud ...

Business Risk Specialist

Owensboro, KY · On-site

$20 - $24.38/hr

The organization's risk management framework is designed to promote strong governance and effective ... liquidity, market, operational, compliance, reputational, and strategic risks. Under general ...

Drive continuous improvement initiatives to strengthen reporting quality, reduce operational risk ... Demonstrated ability to manage deadlines, review complex regulatory deliverables, and maintain high ...

Branch Manager Schedule: Overnight Shift | 10:00 PM - 6:00 AM | Monday - Friday (Weekends as Needed ... Lack of on-site visibility at UPS hub creates operational risk and loss exposure * Current manual ...

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Operational Risk Manager information

See Kentucky salary details

$40.8K

$104.8K

$205.8K

How much do operational risk manager jobs pay per year?

As of Aug 8, 2026, the average yearly pay for operational risk manager in Kentucky is $104,836.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,800.00 and $138,100.00 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.

What are the most commonly searched types of Operational Risk jobs in Kentucky? The most popular types of Operational Risk jobs in Kentucky are:
What are popular job titles related to Operational Risk Manager jobs in Kentucky? For Operational Risk Manager jobs in Kentucky, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Kentucky look for? The top searched job categories for Operational Risk Manager jobs in Kentucky are:
What cities in Kentucky are hiring for Operational Risk Manager jobs? Cities in Kentucky with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Kentucky as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, and 3% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $104,836 per year, or $50.4 per hour.

Risk & Insurance Lead - In-Person | Schulte Hospitality Group

Schulte Companies

Louisville, KY • On-site

Full-time

Medical, Life, Retirement, PTO

Posted yesterday

New


Job description

Schulte Hospitality Groupis seeking an energetic, experienced, and hands on Risk & Insurance Leadto join our team! Schulte Hospitality Groupis an organization whose success is rooted in its service culture. Our mission is to exude hospitality, be respectful and authentic, prioritize the needs of our internal and external stakeholders above our own, and continuously strive to make a positive impact in all we do. We are passionate hoteliers eager to add like-minded people to our rapidly growing team!

What's in it for you? When you join Schulte you'll be part of a team committed to an inclusive, employee-focused workplace that is invested in your development. We want you to feel engaged, empowered, and excited to grow with us. After all, we believe our greatest and most valuable asset is our people! Schulte provides a rewarding, fun and flexible work environment, exciting perks, an atmosphere designed to encourage and promote career growth within the company and a robust benefit package including, but not limited to:

Work Today, Get Paid today, with Daily Pay!

Free Telemedicine and Virtual Mental Health care access for all Associates starting day one!

Multiple Health Insurance and Life Insurance options

401k Plan + Company Match for eligible associates

Paid Time Off

Holiday Pay

Pet Insurance

Employee Assistance Program

Schulte Savings Marketplace Discounts on event tickets, electronics, gym memberships + more!

Our Company: Schulte Companies is a leading third-party management company with deep, multi-generational experience in all facets of the hospitality industry. We are a diverse team of innovative hoteliers and restauranteurs operating more than 200 locations across 38 states and 3 countries. Our portfolio includes a wide array of reputable brands like Marriott, Hilton, IHG and Hyatt as well as many unique, independent, boutique and lifestyle properties and restaurants.

The Risk & Insurance Manager will lead the company's risk management function and oversee all insurance-related matters for a multi-property hospitality portfolio. This leadership role is responsible for setting strategy, guiding risk mitigation initiatives, and overseeing insurance and claims operations while managing and developing a dedicated risk management team. The position combines high-level program ownership with hands-on involvement in complex and high-exposure matters, ensuring effective claims resolution, financial protection, and alignment with the company's broader risk management objectives. The Manager serves as a key internal advisor and primary liaison to insurance carriers, brokers, third-party administrators, and legal counsel.

Responsibilities:

  • Lead, mentor, and manage a team of three Risk Management Specialists, setting clear expectations and performance standards.
  • Establish workflows, best practices, and controls to ensure consistent, timely, and compliant claims handling.
  • Provide subject-matter expertise and escalation support for complex, high-exposure, or litigated claims.
  • Oversee and actively participate in all phases of insurance claims, including general liability, workers' compensation, auto, property, and hospitality-specific exposures.
  • Oversee and direct claims lifecycle, ensuring timely, accurate, and effective handling from first notice of loss through final resolution, settlement, or litigation.
  • Provide leadership and oversight to Risk Management Specialists managing claims, serving as the final decision-maker on strategy, settlement authority, and resolution.
  • Coordinate closely with defense counsel, insurance adjusters, TPAs, and carriers on litigation strategy, discovery, evaluations, mediations, and settlements.
  • Monitor reserves, claim valuations, settlement authority, and financial exposure
  • Responsible for preparing, monitoring, and tracking active and threatened litigation across portfolio.
  • Identify and oversee subrogation and recovery opportunities for property damage, liability losses, and other incidents, including those that do not meet insurance deductible thresholds or policy qualifications
  • Manage demand letters, negotiations, and escalation to legal action when appropriate.
  • Create, implement, maintain, and update compliance-related information databases such as injury and illness logs, insurance contacts, safety training audits, lag time reports, etc.
  • Develop standardized tools and procedures to improve compliance process efficiencies
  • Maintain fleet card accounts to include new account setup
  • Process and record insurance and legal invoicing
  • Review contracts/agreements in connection with requesting required insurance coverages
  • Other duties as assigned

Education and Experience:

  • Bachelor's degree in Risk Management, Business, Insurance, Legal Studies, or a related field (or equivalent experience).
  • Progressive experience in risk management, insurance, or complex claims handling.
  • Demonstrated experience managing litigated claims, subrogation, and third-party recoveries.
  • Prior experience leading or supervising a team.
  • Strong working knowledge of general liability, workers' compensation, auto liability, and property insurance.

Knowledge, Skills, and Abilities:

  • Strong leadership and negotiation skills.
  • Ability to manage complex, high-volume claims and recovery matters simultaneously.
  • Excellent communication skills with executives, attorneys, carriers, and operational teams.
  • Analytical mindset with strong financial and risk evaluation capabilities.
  • Comfortable operating in a hands-on role while providing strategic oversight.
  • Extremely detail-oriented
  • Ability to multi-task, self-direct and self-pace
  • Ability to maintain a high level of confidentiality

*The hiring process may consist of a phone interview, manager(s) interview, drug screen, background check, reference checks, and potential employment assessment. This job description is only intended to provide a general description of the benefits and compensation applicable to this position. Paid Time Off (PTO) is available for eligible associates in accordance with the Company's Paid Time Off policy. Specific compensation and benefit details will be discussed during the interview process.

*Schulte Hospitality Groupis an Equal Opportunity Employer.


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About Schulte

Sourced by ZipRecruiter

Schulte Hospitality Group is a division of Schulte Companies, a leading third-party management company with deep, multi-generational experience in all facets of the hospitality industry. We are a diverse team of innovative hoteliers and restauranteurs operating more than 200 locations across 38 states and 3 countries. Our portfolio includes a wide array of reputable brands like Marriott, Hilton, IHG and Hyatt as well as many unique, independent, boutique and lifestyle properties and restaurants.

Industry

Hospitality services

Company size

10,000+ Employees

Headquarters location

Louisville, KY, US

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