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Operational Risk Manager Jobs in Ohio (NOW HIRING)

Huntington

Segment Risk Manager

Columbus, OH · On-site +1

Summary: The Segment Risk Manager Sr is responsible for oversight and administration of operational and regulatory risk strategy programs for major units within the Operations Segment with ...

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Operational Risk Manager information

See Ohio salary details

$44.7K

$114.8K

$225.3K

How much do operational risk manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for operational risk manager in Ohio is $114,754.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,900.00 and $151,200.00 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 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 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 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 Ohio?

The most popular types of Operational Risk jobs in Ohio are:

What are popular job titles related to Operational Risk Manager jobs in Ohio?

For Operational Risk Manager jobs in Ohio, the most frequently searched job titles are:

What job categories do people searching Operational Risk Manager jobs in Ohio look for?

The top searched job categories for Operational Risk Manager jobs in Ohio are:

What cities in Ohio are hiring for Operational Risk Manager jobs?

Cities in Ohio with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Ohio as of September 2026, with employment types broken down into 84% Full Time, 12% Part Time, 3% Contract, and 1% Nights. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $114,754 per year, or $55.2 per hour.

Operational Risk Review (ORR) Analyst

Cincinnati, OH • On-site

US Bank
Banking and Credit Intermediation • 10K+ employees
Learn more about US Bankexternal

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago

Key responsibilities

  • Execute assigned portions of operational risk reviews, issue validations, reviews, continuous monitoring, and other ORR projects.

  • Evaluate business processes, controls, documentation, data, and evidence to support conclusions regarding process and control design, execution, issue remediation, and risk exposure.

  • Support issue validation activities by assessing corrective actions, root-cause alignment, sustainability of remediation, and completeness of supporting evidence.

U.S. Bank rating

8.1

Company rating: 8.1 out of 10

Based on 364 frontline employees who took The Breakroom Quiz

67th of 176 rated banks

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

U.S. Bank is seeking an Operational Risk Review (ORR) Analyst responsible for executing review, issue validation, project, and data-focused activities within Independent Risk Review and Assessment (IRRA), a centralized second line of defense independent review function. This role supports the continued growth, enhancement, and delivery of IRRA's operational risk review program by contributing to risk-based reviews, issue validations, strategic projects, and data-informed analysis across business lines and enabling functions. ORR provides independent review and effective challenge of the Company's operational risk, inclusive of technology risk, and operational risk-related processes and controls. In-scope risk categories include Fraud, Operations, People, Security of Physical Assets, Third Party, Business Resiliency, Systems, Cyber/Information Security, Legal, Model, Conduct, Data Management, and Fiduciary. Objective risk mitigation, process, and control review activities include planning and scoping, design and execution, reporting and rating, issue creation, and issue validation.

Responsibilities
  • Execute assigned portions of operational risk reviews, issue validations, reviews, continuous monitoring, and other ORR projects in accordance with established methodology, timelines, and quality expectations.
  • Evaluate business processes, controls, documentation, data, and evidence to support conclusions regarding process and control design, execution, issue remediation, and risk exposure.
  • Support issue validation activities by assessing corrective actions, root-cause alignment, sustainability of remediation, and completeness of supporting evidence.
  • Develop detailed, organized, and audit-ready workpapers, analysis, testing documentation, and support materials that clearly connect evidence to observations and conclusions.
  • Develop and use data and reporting outputs to identify trends, anomalies, population/sample considerations, and potential areas of elevated operational risk.
  • Partner with business line stakeholders and other Risk, Compliance, and Audit professionals to obtain information, clarify observations, and support effective challenge of risk, process, and control practices.
  • Identify and escalate potential process or control weaknesses, evidence gaps, validation concerns, or significant risks to the ORR Lead Analyst, Team Lead, Manager, or Senior Manager, as appropriate.
  • Prepare clear written summaries and verbal updates regarding review progress, analysis performed, findings, issues, risks, dependencies, and next steps.
  • Contribute to process improvement, template enhancement, data quality routines, and other initiatives that improve consistency, transparency, and efficiency in ORR execution.
Basic Qualifications
  • Bachelor's degree, or equivalent work experience.
  • Typically more than five years of applicable experience.
Preferred Skills/Experience
  • Basic to intermediate knowledge of operational risk, control frameworks, issue management, remediation validation, and risk-based review practices.
  • Basic to intermediate Risk, Compliance, and Audit competencies, including the ability to evaluate evidence and document supportable conclusions.
  • Solid understanding of business operations, products, services, systems, processes, data, and associated risks.
  • Solid analytical skills, with the ability to review facts, identify patterns, evaluate data, and connect evidence to risks, controls, and remediation outcomes.
  • Effective process facilitation and project management skills, including the ability to manage assignments, deadlines, dependencies, and shifting priorities.
  • Effective presentation, interpersonal, written, and verbal communication skills, including the ability to summarize complex information clearly and professionally.
  • Proficient computer navigation skills using Microsoft Office applications, including Word, Excel, PowerPoint, and related reporting, data, or workflow tools.
  • Applicable professional certifications such as CRCM, CAMS, CPA, CIA, CISA, CRISC, or similar credentials are preferred.

LOCATION EXPECTATIONS: This role requires working from a U.S. Bank Location three (3) or more days per week.

NOTE: This position is not eligible for current or future visa sponsorship.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $92,820.00 - $109,200.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

What U.S. Bank employees say

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media

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