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Operational Risk Manager Jobs in Ohio (NOW HIRING)

Medpace, Inc.

Risk Manager

Cincinnati, OH · On-site

Job Summary Our corporate activities are growing rapidly, and we are currently seeking a full-time, office-based Risk Manager to join our Commercial Operations team. This role is responsible for ...

Medpace, Inc.

Risk Manager

Cincinnati, OH · On-site

Job Summary Our corporate activities are growing rapidly, and we are currently seeking a full-time, office-based Risk Manager to join our Commercial Operations team. This role is responsible for ...

Deloitte

Financial Risk Manager

Cincinnati, OH · On-site

Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology ... Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing * Knowledge of ...

US Bank

AI Risk Program Manager

Cincinnati, OH · On-site

Typically 10+ years of applicable experience in risk management, compliance, audit, technology risk, or operational risk Preferred Skills and Qualifications * Experience with AI/ML, emerging ...

Medpace, Inc.

Credit and Risk Manager

Cincinnati, OH · On-site

Escalates highest risk customers to Executive management * Perform ad-hoc analysis of customer ... Identify and communicate potential policy and or operational improvements that will enhance credit ...

Medpace, Inc.

Credit and Risk Manager

Cincinnati, OH · On-site

Escalates highest risk customers to Executive management * Perform ad-hoc analysis of customer ... Identify and communicate potential policy and or operational improvements that will enhance credit ...

Equity Trust

Senior Manager, Risk

Westlake, OH · On-site +1

... operational, regulatory, reputational, and strategic risk categories Develops and operates risk ... Finance Ensures risk management policies are regularly reviewed, updated, and effectively ...

HR4Me

Risk Analyst

Cincinnati, OH · On-site

Enterprise & Project Risk Management * Identify and assess risks across active projects, pursuits, and corporate operations * Develop and maintain risk registers for major projects and business units

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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 Jun 19, 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 4 pillars of operational risk management?

The four pillars of operational risk management are risk identification, risk assessment, risk mitigation, and risk monitoring. An Operational Risk Manager uses these pillars to develop strategies that minimize potential losses from internal processes, people, systems, or external events, often utilizing tools like risk dashboards and frameworks such as Basel II. Mastery of these pillars helps ensure organizational resilience and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and mitigates risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop risk management frameworks, monitor key risk indicators, and ensure compliance with regulations to protect the organization’s assets and reputation.

Do risk managers make good money?

Operational Risk Managers typically earn competitive salaries that vary by industry, experience, and location. According to industry data, the median annual salary ranges from $80,000 to over $130,000, with additional compensation such as bonuses and benefits. Certifications like FRM or ORM can enhance earning potential in this field.

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 5 steps of orm?

In operational risk management (ORM), the five key steps are: identifying risks, assessing their likelihood and impact, implementing controls to mitigate risks, monitoring the effectiveness of these controls, and reviewing and improving the risk management process regularly. These steps help operational risk managers proactively manage potential threats to an organization’s operations.
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 June 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $114,754 per year, or $55.2 per hour.
Risk Manager

Risk Manager

Medpace, Inc.

Cincinnati, OH • On-site

Other

Medical, PTO

Posted 28 days ago

Medpace rating

8.4

Company rating: 8.4 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

15th of 57 rated research

Job description

Job Summary
Our corporate activities are growing rapidly, and we are currently seeking a full-time, office-based Risk Manager to join our Commercial Operations team. This role is responsible for monitoring the credit exposure of our portfolio in relation to Company policies and guidelines. This includes developing analytics to assist in the identification and evaluation of all risks related to customer financials, working with Account Management and Treasury to obtain additional customer insight, and communicating credit exposure results to Executive management on a monthly basis.
Responsibilities
  • Demonstrate technical expertise in the area of credit risk.
  • Provide direct support within the Account Management group in the evaluation and analysis of all customer credit risk.
  • Reviews credit information and makes decisions related to credit limits and credit holds for existing customers while balancing business risk
  • Analyze portfolio level information to identify and monitor key risk factors and develop proposed solutions. Escalates highest risk customers to Executive management
  • Perform ad-hoc analysis of customer portfolios as necessary.
  • Report and analyze characteristics of the Customer Credit in relation to policies, guidelines and processes.
  • Establish close working relationships with the Account Management and Treasury functions, while maintaining independence/objectivity.
  • Develop and/or evaluate various models used for setting credit ratings/scores
  • Ability to access and query a multitude of databases and create and maintain data sets as appropriate.
  • Identify and communicate potential policy and or operational improvements that will enhance credit quality.

Qualifications
  • Bachelor's Degree in Finance, Business or related field; MBA/CFA/CPA is preferred;
  • At least 3 years of credit/risk experience with a minimum of 5 years overall professional experience;
  • Strong analytical and quantitative skills;
  • Experience in managing projects;
  • Excellent presentation, communication, and interpersonal skills;
  • Prior management experience preferred

Medpace Overview
Medpace is a full-service clinical contract research organization (CRO). We provide Phase I-IV clinical development services to the biotechnology, pharmaceutical and medical device industries. Our mission is to accelerate the global development of safe and effective medical therapeutics through its scientific and disciplined approach. We leverage local regulatory and therapeutic expertise across all major areas including oncology, cardiology, metabolic disease, endocrinology, central nervous system, anti-viral and anti-infective. Headquartered in Cincinnati, Ohio, employing more than 6,000 people across 40+ countries.
Why Medpace?
People. Purpose. Passion. Make a Difference Tomorrow. Join Us Today.
The work we've done over the past 30+ years has positively impacted the lives of countless patients and families who face hundreds of diseases across all key therapeutic areas. The work we do today will improve the lives of people living with illness and disease in the future.
Cincinnati Perks
  • Cincinnati Campus Overview
  • Flexible work environment
  • Competitive PTO packages, starting at 20+ days
  • Competitive compensation and benefits package
  • Company-sponsored employee appreciation events
  • Employee health and wellness initiatives
  • Community involvement with local nonprofit organizations
  • Discounts on local sports games, fitness gyms and attractions
  • Modern, ecofriendly campus with an on-site fitness center
  • Structured career paths with opportunities for professional growth
  • Discounted tuition for UC online programs

Awards
  • Named a Top Workplace in 2024 by The Cincinnati Enquirer
  • Recognized by Forbes as one of America's Most Successful Midsize Companies in 2021, 2022, 2023 and 2024
  • Continually recognized with CRO Leadership Awards from Life Science Leader magazine based on expertise, quality, capabilities, reliability, and compatibility

What to Expect Next
A Medpace team member will review your qualifications and, if interested, you will be contacted with details for next steps.
Medpace logo

About Medpace

Sourced by ZipRecruiter

Medpace is a globally recognized clinicial contract research organization (CRO) based in Cincinnati, OH, in the United States. Established in 1992, it operates in the healthcare sector, providing scientifically-driven outsourcing solutions for the development of drugs and medical devices. It offers comprehensive services like full-service clinical development services, regulatory affairs management, clinical pharmacology, data management, statistical analysis, and medical writing. By applying a scientifically-driven, therapeutically-focused, and patient-centric approach, Medpace's mission is to accelerate the global development of safe and effective medical therapies.

Industry

Medical equipment and supplies manufacturing

Company size

1,001 - 5,000 Employees

Headquarters location

Cincinnati, OH, US

Year founded

1992

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