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Operational Risk Manager Jobs in Bloomington, IN

Senior Program Manager

Crane, IN · On-site

$116K - $116K/yr

Lead risk management, issue resolution, and continuous process improvement initiatives ... Experience within model-based systems engineering (MBSE), electromagnetic spectrum operations (EMSO ...

... operations. This role is responsible for overall contract execution, including technical ... Lead risk management, reporting, and continuous improvement initiatives * Manage task orders and ...

Responsible for the operational and financial success of restaurant. Essential Functions * Leads ... Maintains and supports risk management team in implementation of safety standards that apply to ...

Responsible for the operational and financial success of restaurant. ESSENTIAL FUNCTIONS * Leads ... Maintains and supports risk management team in implementation of safety standards that apply to ...

Responsible for the operational and financial success of restaurant. ESSENTIAL FUNCTIONS * Leads ... Maintains and supports risk management team in implementation of safety standards that apply to ...

Responsible for the operational and financial success of restaurant. Essential Functions * Leads ... Maintains and supports risk management team in implementation of safety standards that apply to ...

As a Community Manager, you will manage all phases of the operations, including personnel, leasing, maintenance, financial, administration & risk management. As an on-site leader, you will supervise ...

Part Sales Manager - Full Time

Bedford, IN · On-site

$14.75 - $18/hr

Customer Service while executing store operations with excellence. Under the Store Manager ... Safety & Compliance - Enforce PPE use, promote risk management practices, and uphold company safety ...

Responsible for the operational and financial success of restaurant. ESSENTIAL FUNCTIONS * Leads ... Maintains and supports risk management team in implementation of safety standards that apply to ...

General Manager 2

Bedford, IN · On-site

$55K - $60K/yr

Responsible for the operational and financial success of restaurant. ESSENTIAL FUNCTIONS * Leads ... Maintains and supports risk management team in implementation of safety standards that apply to ...

Responsible for the operational and financial success of restaurant. ESSENTIAL FUNCTIONS * Leads ... Maintains and supports risk management team in implementation of safety standards that apply to ...

Responsible for the operational and financial success of restaurant. ESSENTIAL FUNCTIONS * Leads ... Maintains and supports risk management team in implementation of safety standards that apply to ...

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Operational Risk Manager information

See Bloomington, IN salary details

$41.2K

$105.8K

$207.7K

How much do operational risk manager jobs pay per year?

As of Jun 18, 2026, the average yearly pay for operational risk manager in Bloomington, IN is $105,800.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,400.00 and $139,400.00 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.
What job categories do people searching Operational Risk Manager jobs in Bloomington, IN look for? The top searched job categories for Operational Risk Manager jobs in Bloomington, IN are:
What cities near Bloomington, IN are hiring for Operational Risk Manager jobs? Cities near Bloomington, IN with the most Operational Risk Manager job openings:
Quality Test Analyst III

Quality Test Analyst III

Lexisnexis Risk Solutions

Martinsville, IN • On-site

$71K - $119K/yr

Full-time

Posted 20 hours ago


Job description

About the Business:

LexisNexis Risk Solutions is the essential partner in the assessment of risk. Within our Business Services vertical, we offer a multitude of solutions focused on helping businesses of all sizes drive higher revenue growth, maximize operational efficiencies, and improve customer experience. Our solutions help our customers solve difficult problems in the areas of Anti-Money Laundering/Counter Terrorist Financing, Identity Authentication & Verification, Fraud and Credit Risk mitigation and Customer Data Management. You can learn more about LexisNexis Risk at the link below, https://risk.lexisnexis.com

About the Role:

This position in Quality Assurance is responsible for leading or participating in testing of systems. The position works with developers, project managers, and other stakeholders to enhance quality and process standards and to plan and execute effective and efficient test approaches to accomplish on-time and efficient delivery of high-quality software products and/or data. The position emphasizes modern QA practices, including UI and API testing, test automation, and riskbased testing techniques.

TECHNICAL SKILLS:

Solid understanding of software development lifecycles and QA methodologies.

Experience writing and executing test plans and test cases

Experience testing RESTful APIs using tools such as Postman or similar

Understanding of HTTP methods, status codes, and request/response validation

Experience with UI test automation tools such as Playwright, Selenium, or similar frameworks

Understanding of when and how to apply test automation to improve coverage and efficiency

Familiarity with a riskbased or adversarial ("redteam") testing mindset, including negative and edgecase testing

Ability to inspect and analyze network requests and responses using browser developer tools or similar utilities

Knowledge of process improvement principles and quality standards

Strong attention to detail and analytical problemsolving skills

Effective written and verbal communication skills

Proven research and troubleshooting skills

Strong time management and organizational skills

ACCOUNTABILITIES:

Develop, execute, and document testing activities to ensure software products meet requirements, quality standards, and stakeholder expectations

Perform functional, negative, and risk-based test scenarios to identify edge cases, authorization concerns, and unintended system behavior

Use available tools (including browser developer tools) to inspect system interactions and help identify defects not easily found through UI testing alone

Perform APIlevel testing to validate backend behavior, data integrity, and error handling

Contribute to the creation and maintenance of automated UI test scripts in support of regression and smoke testing efforts

Collaborate with project managers, technical leads, and subject matter experts to plan and execute testing efforts

Construct, maintain, and execute test plans and test cases/scripts, including regression, integration, and system testing

Identify opportunities to apply automation or other tools to improve the efficiency and effectiveness of testing

Report defects clearly and accurately, including steps to reproduce, test evidence, and risk assessment

Assist with root cause analysis and verify that corrective actions are properly addressed

Suggest and support process improvements that enhance quality, consistency, and delivery efficiency

Participate in project reviews and quality checkpoints to ensure testing criteria are met

Maintain awareness of industry trends, tools, and best practices related to software quality assurance

Work collaboratively across teams to support continuous improvement initiatives

Function as supplemental team technical support as needed

Perform other related duties as assigned

U.S. National Base Pay Range: $71,600 - $119,400. Geographic differentials may apply in some locations to better reflect local market rates. This job is eligible for an annual incentive bonus.

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