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Operational Risk Manager Jobs in Bloomington, IN

Senior Quality Systems Engineer

Spencer, IN · On-site

$76K - $103K/yr

We are seeking a Senior Quality Systems Engineer to serve as a Global Risk Management Process Owner ... operational excellence. • Support the development and implementation of streamlined business ...

... and operations. * Lead and coordinate risk management efforts, identifying, assessing, and ... mitigating risks throughout the project lifecycle. * Track, develop, and process work permits for ...

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 ...

... and operations. * Lead and coordinate risk management efforts, identifying, assessing, and ... mitigating risks throughout the project lifecycle. * Track, develop, and process work permits for ...

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 ...

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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 Jul 13, 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 is essential for effective risk oversight and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, ensure compliance with regulations, and often use risk management tools and data analysis to support decision-making.

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 certifications like FRM or ORM enhancing earning potential.

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 three C's of operational risk management?

The three C's of operational risk management are Culture, Controls, and Communication. These elements help organizations identify, assess, and mitigate risks effectively, which is essential for an Operational Risk Manager to ensure operational resilience and compliance. Developing strong controls and fostering a risk-aware culture are key skills in this role.

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 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:
(USA) Area Manager Asset Protection - All DC/FC

(USA) Area Manager Asset Protection - All DC/FC

Walmart

Brooklyn, IN • On-site

$65K - $98K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago


Walmart rating

6.0

Company rating: 6.0 out of 10

Based on 22,031 frontline employees who took The Breakroom Quiz

24th of 39 rated national retailers


Job description

Position Summary... What you'll do...Data and Digital Literacy Possesses knowledge of Data collection modes techniques and tools data analytics To be able to carry out the following responsibilities Articulates the levers that influence data Ensures data quality and organizes processes information for analysis Develops and implements technology changes across multiple processes within assigned area of work Environmental Protection Possesses knowledge of Environmental policies and procedures applicable federal state and local laws and regulations involving the environment To be able to carry out the following responsibilities Operates commonly used tools and equipment for evaluating air water and waste pollution Supports regulatory visits and prepares audit reports for management review Participates in evaluating pollution control and management at assigned facility Assists in integrating environmental considerations into process design Interprets and evaluates compliance status reports and relevant risk management practices Assists in the development of company policies practices and procedures relating to environmental risks Implements environmental policies and practices and ensures compliance with environmental legislation Operational Excellence Possesses knowledge of Organizational processes root cause analysis techniques department workflows Standard Operating Procedures SOPs and One Best Way OBW processes To be able to carry out the following responsibilities Explains the operational functions and key functional roles of assigned department or unit Clarifies the role of each department and its relevance to the enterprise strategy Describes the interdependence of support functions and line operating functions Identifies the primary operational functions of the organization Understands where to locate and how to read SOP and OBW information Locates information regarding fundamental practices and policies Lists common tasks and activities performed by operations functions and subfunctions Partnership Collaboration Possesses knowledge of Stakeholder identification stakeholder communication stakeholder engagement techniques stakeholder management effectiveness tools and methods To be able to carry out the following responsibilities Owns the delivery of project activity and tasks assigned by others Supports process updates and changes Solves simple business issues Demonstrates functional knowledge of the business unitorganization being supported Employee Health and Safety Possesses knowledge of OSHA guidelines compliance safety and food safety auditing processes regulatory inspection processes emergency evacuations plans To be able to carry out the following responsibilities Participates in OSHA and other regulatory inspections Participates in internal safety or health inspections Ensures that all first aid equipment is operational Ensures that supplies are current and fully stocked Maintains health and safety records according to OSHA guidelines Monitors facilities for safety hazards Uses quality evaluation tools and techniques for example walkthroughs inspections Applies key aspects of continuous improvement processes and evaluates impacts on quality Participates in root cause identification processes for accidents Reports safety violations and accidents Implements internal and external audit requirements within assigned area of work Creates action plans to address audit findings Validates claim records work with workers compensation case managers for investigation of claims Asset Protection Security Possesses knowledge of Asset protection policies practices and guidelines environmental health and safety laws and regulations To be able to carry out the following responsibilities Works with specific types of tools used for theft prevention Recognizes and investigates security breaches thefts and vandalism and reports findings to facility management Assists in the implementation of access control procedures to prevent unauthorized access to restricted facilities Assists with the installation of emergency and surveillance services for example fire alarms refrigeration alarms metal detectors closedcircuit television Maintains loss prevention records Generates standard loss and shrinkage reports Works to support the development and use of practices for reducing loss and shrinkage Detects and reports incidents of loss and shrinkage as well as related issues EHS Training Delivery Possesses knowledge of Training methodologies training content development processes organizational training lifecycles To be able to carry out the following responsibilities Supports the activities of instructors or learning facilitator in training programs Manages systematic approaches to solicit feedback from training participants Utilizes the organizations training lifecycles and methodologies to support training initiatives Explains relevant processes and procedures to contractors Risk Management Possesses Knowledge of Risk management processes risk assessment reports risk management tools To be able to carry out the following responsibilities Produces and interprets common risk assessment and management reports Identifies common technology security or financial risks relevant to assigned function or unit Documents the key steps of a unitspecific risk management process and associated procedures Implements or manages risk management for assigned area Evaluate employee risk awareness and trains employees as needed Conducts risk assessments Collects and analyzes documentation statistics reports and recommendations for continuous improvement Process Improvement Possesses knowledge of To be able to carry out the following responsibilities Defines the critical workflows for executing key processes Identifies process problems that limit performance Focuses on the most significant problems to maximize efficiency gains Surfaces systemic problems to be addressed at the organizational level Implements methods for improving and establishing controls for critical processes Coaches team members to develop process improvement skills Leads incident investigations and root cause analysis Provides countermeasure solutions Influential Communication Possesses knowledge of Organizes thoughts and communicates credibly and concisely within scope of work Presents to and influences team members and business partners conveying messages through a basic understanding of the relevant context Utilizes relevant data and factbased information to articulate results and provide recommendations in a structured manner Actively listens to others seeks and provides constructive feedback and provides ideasrecommendations on processes Proactively builds professional network Transportation Operations Possesses knowledge of Laws regulations and safety rules regarding materials transportation Department of Transportation DOT Federal Motor Carrier Safety Administration Pipeline and Hazardous Materials Safety Administration Commercial Vehicle Safety Alliance and state laws and regulations vehicle maintenance HazMat bill of ladings Compliance Safety Accountability basics other transportation paperwork To be able to carry out the following responsibilities Ensures the proper completion of documents required by applicable laws regulations and safety rules involving materials transportation Uses databases electronic tools and approaches to evaluate the extent of losses and plans of control within Transportation Understands and ensures compliance with applicable transportationrelated law and regulations Performs checks and measurements used in transportation management for example vehicle maintenance HazMat bill of ladings Compliance Safety Accountability basics other transportation paperwork Monitors and evaluates performance metrics for example PCMM OIR DOT recordable collisions Reviews accident files for accuracy DOT recordability and completeness Coordinates completes and oversees jobrelated activities and assignments by developing and maintaining relationships with key stakeholders supporting plans and initiatives to meet customer and business needs identifying and communicating goals and objectives building accountability for and measuring progress in achieving results identifying and addressing improvement opportunities and demonstrating adaptability and promoting continuous learning Provides supervision and development opportunities for associates by hiring and training mentoring assigning duties providing recognition and promoting a belonging mindset in the workplace Ensures compliance with company policies and procedures and supports company mission values and standards of ethics and integrity by implementing related action plans utilizing and supporting the Open Door Policy and providing direction and guidance on applying these in executing business processes and practices Respect the Individual Builds highperforming teams embraces differences in people cultures ideas and experiences creates a workplace where associates feel seen supported and connected through a culture of belonging creates opportunities for all associates to thrive and performx000B Respect the Individual Works collaboratively builds strong and trusting relationships communicates with impact energy and positivity to motivate and influencex000B Respect the Individual Attracts and retains the best talent empowers and develops talent and recognizes others contributions and accomplishments Act with Integrity Maintains and promotes the highest standards of integrity ethics and compliance models the Walmart values to support and foster our culture holds oneself and others accountable supports Walmarts goal of becoming a regenerative company by making a positive impact for associates customers members and the world around useg creating a sense of belonging eliminating waste participating in local giving Act with Integrity Acts in a selfless manner and is consistently humble selfaware honest fair and transparent Serve Our Customers and Members Delivers results while putting the customer first considers and adapts to how where and when customers shop and applies the EDLP and EDLC business models to all plans Serve Our Customers and Members Makes decisions based on data insights and analysis balances short and longterm priorities and considers our customers fellow associates shareholders suppliers business partners and communities when making plans Strive for Excellence Displays curiosity and a desire to learn takes calculated risks demonstrates courage and resilience and encourages learning from mistakes Strive for Excellence Drives continuous improvements adopts and encourages the use of new technologies and skills and supports others through change At Walmart, we offer competitive pay as well as performance-based bonus awards and other great benefits for a happier mind, body, and wallet. Health benefits include medical, vision and dental coverage. Financial benefits include 401(k), stock purchase and company-paid life insurance. Paid time off benefits include PTO (including sick leave), parental leave, family care leave, bereavement, jury duty, and voting. Other benefits include short-term and long-term disability, company discounts, Military Leave Pay, adoption and surrogacy expense reimbursement, and more. You will also receive PTO and/or PPTO that can be used for vacation, sick leave, holidays, or other purposes. The amount you receive depends on your job classification and length of employment. It will meet or exceed the requirements of paid sick leave laws, where applicable. For information about PTO, see https://one.walmart.com/notices. Live Better U is a Walmart-paid education benefit program for full-time and part-time associates in Walmart and Sam's Club facilities. Programs range from high school completion to bachelor's degrees, including English Language Learning and short-form certificates. Tuition, books, and fees are completely paid for by Walmart.
Eligibility requirements apply to some benefits and may depend on your job classification and length of employment. Benefits are subject to change and may be subject to a specific plan or program terms.
For information about benefits and eligibility, see One.Walmart.
The annual salary range for this position is $65,500.00 - $98,000.00 Additional compensation includes annual or quarterly performance bonuses. Additional compensation for certain positions may also include :
- Regional Pay Zone (RPZ) (based on location)
- Stock

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Minimum Qualifications...

Outlined below are the required minimum qualifications for this position. If none are listed, there are no minimum qualifications.

Option 1: Bachelor's Degree in Occupational Safety Management; Criminal Justice, Security, Industrial Hygiene; Environmental Science, or related field.
Option 2: 2 years' experience in the field of Environmental, Health and Safety or Asset Protections, Security, within Supply Chain, Retail.
Associates will be required to attend and successfully complete all job-required trainings and assessments (for example, Academy trainings, Open Door trainings, etc.). Preferred Qualifications...

Outlined below are the optional preferred qualifications for this position. If none are listed, there are no preferred qualifications.

1 or More Degreed Certifications (Associate Safety Professional; Loss Prevention Certifications (LPC), Certified Security Professional (CSP)., 2 or more years of investigative experience or asset protection experience in retail or warehouse., Microsoft Office Suite; SharePoint and OneDrive Primary Location... 1528 EAST STATE ROAD 240, GREENCASTLE, IN 46135-7573, United States of America Walmart and its subsidiaries are committed to maintaining a drug-free workplace and has a no tolerance policy regarding the use of illegal drugs and alcohol on the job. This policy applies to all employees and aims to create a safe and productive work environment.

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About Walmart

Sourced by ZipRecruiter

From our humble beginnings as a small discount retailer in Rogers, Ark., Walmart has opened thousands of stores in the U.S. and expanded internationally. Through innovation, we're creating a seamless experience to let customers shop anytime and anywhere online and in stores. We are creating opportunities and bringing value to customers and communities around the globe. Walmart operates approximately 10,500 stores and clubs in 19 countries and eCommerce websites. We employ 2.1 million associates around the world — nearly 1.6 million in the U.S. alone.

Industry

Retail and transportation and warehousing

Company size

10,000+ Employees

Headquarters location

Bentonville, AR, US

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