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Operational Risk Manager Jobs in Wisconsin (NOW HIRING)

Experience in enterprise, IT, or operational risk management * Experience with payment systems such as Wire, ACH, or RTP * Professional certifications such as CRISC, CISSP, CISM, CISA, or ITIL

IS / IT Risk Analyst

Milwaukee, WI · On-site

$28.97 - $49.67/hr

Experience in enterprise, IT, or operational risk management * Experience with payment systems such as Wire, ACH, or RTP * Professional certifications such as CRISC, CISSP, CISM, CISA, or ITIL

Data Governance Risk Oversight

Green Bay, WI · On-site

$99.12K - $169.92K/yr

Partner with Data Governance, Data Management, Compliance, and Operational Risk teams to align oversight with risk appetite and regulations. * Develop and maintain enterprise data risk processes ...

Description Join Lake Ridge Bank as a Risk Management Specialist and contribute to strengthening ... Support integration of credit, operational, compliance, and security risk summaries into enterprise ...

Operational Governance & Risk Management • Enforces operational standards, controls, and procedures aligned with audit, security, and compliance requirements (e.g., SOX). • Partners with Security ...

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Showing results 1-20

Operational Risk Manager information

See Wisconsin salary details

$47.4K

$121.8K

$239.2K

How much do operational risk manager jobs pay per year?

As of Jun 1, 2026, the average yearly pay for operational risk manager in Wisconsin is $121,834.00, according to ZipRecruiter salary data. Most workers in this role earn between $74,200.00 and $160,500.00 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.

What are the most commonly searched types of Operational Risk jobs in Wisconsin? The most popular types of Operational Risk jobs in Wisconsin are:
What are popular job titles related to Operational Risk Manager jobs in Wisconsin? For Operational Risk Manager jobs in Wisconsin, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Wisconsin look for? The top searched job categories for Operational Risk Manager jobs in Wisconsin are:
What cities in Wisconsin are hiring for Operational Risk Manager jobs? Cities in Wisconsin with the most Operational Risk Manager job openings:
IS / IT Risk Analyst

Other

Retirement, PTO

Posted 22 days ago


Associated Bank rating

8.1

Company rating: 8.1 out of 10

Based on 39 frontline employees who took The Breakroom Quiz

47th of 141 rated banks


Job description

At Associated Bank we strive to create an inclusive culture where different perspectives are valued and recognized as strengths critical to our success. If you thrive in an environment where your growth and development are encouraged and supported, then Associated Bank may be the right place for you.

Associated Bank requires you to directly represent yourself and your own experiences during the recruiting and hiring process. Associated Bank conducts a thorough background check on all new hires.

Support risk and control activities that protect critical systems and strengthen the bank's control environment. You'll partner across teams to assess risks, test controls, and ensure regulatory readiness. This role offers strong exposure to enterprise risk programs and opportunities to grow within a collaborative environment.

Key Accountabilities

  • Support audits and regulatory inquiries by coordinating data collection and ensuring timely, accurate responses
  • Perform risk and control self-assessments, including process mapping and documentation of control gaps
  • Execute control testing to evaluate design and operating effectiveness of key processes
  • Document testing results and maintain evidence within GRC systems
  • Partner with business lines and risk teams to support issue tracking and remediation efforts
  • Assess risks related to new products, services, or operational changes
  • Analyze risk data to identify trends, root causes, and improvement opportunities
  • Prepare and support risk reporting for management and governance committees

Education & Experience

Required:

  • Bachelor's degree in Accounting, Information Systems, Information Technology, or related field, or equivalent experience
  • 3+ years of experience in financial services risk management or IT risk
  • Experience with control design, testing, and risk self-assessments
  • Familiarity with banking regulatory requirements

Preferred:

  • Experience in enterprise, IT, or operational risk management
  • Experience with payment systems such as Wire, ACH, or RTP
  • Professional certifications such as CRISC, CISSP, CISM, CISA, or ITIL
  • Experience with Governance, Risk, and Compliance (GRC) tools

Why You'll Love Working Here
At Associated Bank, you'll work in a collaborative environment where your ideas and expertise help shape strong risk practices. We support your growth through hands-on experience, cross-functional exposure, and development opportunities. Apply today to make an impact.

We welcome and encourage applications from all qualified parties, including but not limited to people returning to the workforce, people with disabilities, those without a college degree, and veterans or those with military experience.

In addition to core traditional benefits, we take pride in offering benefits for every stage of life.

  • Retirement savings including both 401(k) and Pension plans.

  • Paid time off to volunteer in your community.

  • Opportunities to connect with others through our diversity-focusedColleague Resource Groups.

  • Competitive salaries with professional development and advancement opportunities.

  • Bonus benefits including well-being programs and incentives, parental leave,anemployee stock purchase plan, military benefits and much more.

  • Personal banking, loan, investmentand insurance benefits.

Associated Bank serves more than 120 communities throughout Wisconsin, Illinois, Minnesota, and Missouri and we consider our colleagues critical to our continued success. See why our colleagues continually vote us a best place to work in the Midwest.Join our community onFacebook,LinkedInandX.

Compliance Statement

Associated Bank is an equal opportunity employer committed to creating a diverse workforce. We support a work environment where colleagues are respected and given the opportunity to perform to their fullest potential. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, among other factors.

Fully complies with all applicable enterprise policies and procedures. Acts in compliance with all applicable laws and regulations as outlined in training materials, including but not limited to Bank Secrecy Act. Responsible for reporting suspicious activity to Financial Intelligence. Responsible to report all customer complaints as prescribed and procedure violations to management or HR.

Responsible to report ethical concerns as needed to Associated Bank's anonymous Ethics Hotline.

Associated Bank provides additional assistance throughout the application, interview and hiring process. Please contactleavesandaccommodations@associatedbank.comif you need an accommodation at any time during the process.

Associated Banc-Corp participates in the E-Verify Program. E-Verify NoticeEnglish or Spanish. Know Your Right to WorkEnglishorSpanish.

Associated Bank isPay Transparencycompliant.

The pay range represents anticipated base pay for this role. Actual pay may vary based on factors including, but not limited to, work location, skills, experience, education, and qualifications for the role.

$28.97 - $49.67 per hour

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