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Operational Risk Manager Jobs in Chagrin Falls, OH

Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, Operations Management, Risk Management Programs, Strategic Planning Competencies ...

Executes and enhances Line of Business risk management programs to support business and regulatory objectives. Identifies, assesses, monitors, and reports on operational, technology, cyber ...

LOB Risk Lead

Strongsville, OH · On-site

$91K - $202K/yr

Preferred Skills Change Management, Conflict Management, Crisis Management, Emerging Risks, Influencing Change, IT Risk and Security Assurance, Operations Management, Risk Management Programs ...

Showing results 21-40

Operational Risk Manager information

See Chagrin Falls, OH salary details

$44.7K

$114.9K

$225.5K

How much do operational risk manager jobs pay per year?

As of Sep 4, 2026, the average yearly pay for operational risk manager in Chagrin Falls, OH is $114,863.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,900.00 and $151,300.00 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 cities near Chagrin Falls, OH are hiring for Operational Risk Manager jobs?

Cities near Chagrin Falls, OH with the most Operational Risk Manager job openings:

Infographic showing various Operational Risk Manager job openings in Chagrin Falls, OH as of August 2026, with employment types broken down into 85% Full Time, 12% Part Time, 2% Contract, and 1% Nights. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $114,863 per year, or $55.2 per hour.

$138K - $199K/yr

Full-time

Medical, Retirement

Posted 10 days ago


Job description

Foods you love. Brands you trust. And a career that empowers you to grow.
At Nestlé USA, we're all working towards the same goal - to delight and deliver for our consumers. With a rich portfolio of beloved brands, including DiGiorno, Toll House, and Coffee mate, in 97% of U.S. households, we have a unique opportunity - and responsibility - to be there for every moment in our consumers' lives.
Joining Nestlé means becoming part of an inclusive workplace that inspires innovation, encourages strategic thinking and creativity, and celebrates your achievements. No matter where you work within the organization, you are empowered to challenge the status quo, embrace risk-taking, and pioneer new ideas. Our supportive and collaborative environment encourages bold ambitions and continuous learning so that everyone can grow and thrive.
This position is not eligible for Visa Sponsorship.
Job Summary
Reporting to the Head of Credit Risk & A/R Administration, this senior leadership role is responsible for managing Nestlé's comprehensive Supplier Credit Risk Management framework. The role assesses and identifies vendors with credit risk profiles that could potentially disrupt Nestlé's supply chain. This includes applying advanced financial analysis and risk scoring methodologies to evaluate and mitigate supplier credit risk. The role is accountable for supporting supply chain continuity through strong risk governance, policy compliance, and cross-functional partnership with Procurement, global stakeholders, and business leaders. This leader will also help drive continuous improvement and digital innovation to strengthen the effectiveness, efficiency, and quality of supplier credit risk processes.
Responsibilities:
  • Oversee ongoing credit and financial risk monitoring for approximately 30,000 vendors worldwide
  • Manage the Supplier Credit Risk Management framework to assess and identify vendors with potential credit risk that could disrupt supply chain continuity.
  • Use financial analysis and risk scoring methodologies to evaluate supplier credit risk and inform risk mitigation actions.
  • Collaborate with Direct and Indirect Procurement leaders across markets to mitigate supplier risk and develop contingency strategies.
  • Ensure compliance with Nestlé's Global Vendor Approval Policy (VAP) by partnering with global HQ and cross-functional stakeholders on governance and execution.
  • Support the technology roadmap/blueprint to advance digital innovations that improve speed, accuracy, and quality of credit risk analytics and processes.
  • Set strategic priorities and operating standards for supplier credit risk activities to ensure consistent execution, clear accountability, and alignment with business objectives.
  • Provide leadership, coaching, and development to team members while fostering a high-performing, collaborative, and continuous improvement-focused culture.
  • Translate complex supplier risk insights into clear recommendations for senior leaders to support timely decision-making and risk mitigation.
  • Drive cross-functional alignment on high-impact supplier risk matters by influencing stakeholders, escalating critical risks, and supporting resolution of complex issues.

Requirements and Minimum Education:
  • BA or BS degree in Business (e.g., Business Administration, Finance, Accounting), Supply Chain Management, or a related field that produces Credit Risk Management subject matter expertise required.
  • Advanced certifications (MBA, CFA, CPA) are preferred
  • Additional experience driving project-based initiatives to successful and on time outcomes, including projects requiring collaboration with multiple peers in cross functional teams and/or third-party service developers/providers.
  • Proficiency in Microsoft Office Suite of applications

Experience and Preferred Qualifications:
  • Minimum of 8 years of work experience in Credit Risk Management, Supply Chain Risk, Investment Banking, or related financial risk management capacities
  • Experienced people leader with demonstrated ability to coach, develop, and advise team members and stakeholders through subject matter expertise.
  • Excellent communication and leadership skills. Able to clearly articulate ideas and consistently lead stakeholders and alignment and agreement
  • Experience conceptualizing and then leading the development and use of business intelligence dashboards, such as Power BI or similar tools is preferred
  • Strong industry network comprised of business intelligence, technology, and academic peers to ensure innovative industry best practices
  • Collaborative experience with Supply Chain, Procurement based functions is preferred
  • Proficient in SAP, or similar ERP systems

Skills
  • Deep understanding qualitative and quantitative financial statement analysis, ratio analysis, geopolitical, and the impact of currency and commodity volatility.
  • Excellent financial and risk analysis skills, including the successful negotiation of confidential financial information from the Executive Finance leaders of our Suppliers
  • Strong leadership and people skills
  • Leverage technology, software, systems, third-party partners, and industry best practices to improve process efficiency and effectiveness.
  • Able to lead and develop a team of professionals
  • Work with senior level Procurement leaders to align with global policies and objectives

#LI-MR1
#LI-hybrid
Salary: $138,000.00 to $199,000.00 per year
Bonus Eligibility: Yes
The pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including but not limited to knowledge, skills and abilities as well as geographic location. It is not typical for an individual to be hired at top of range.
Nestlé offers performance-based incentives and a competitive total rewards package, which includes a 401k with company match, healthcare coverage and a broad range of other benefits. Incentives and/or benefit packages may vary depending on the position. Learn more at https://www.nestlejobs.com/nestle-in-the-us-benefits
It is our business imperative to remain a very inclusive workplace.
To our veterans and separated service members, you're at the forefront of our minds as we recruit top talent to join Nestlé. The skills you've gained while serving our country, such as flexibility, agility, and leadership, are much like the skills that will make you successful in this role. In addition, with our commitment to an inclusive work environment, we recognize the exceptional engagement and innovation displayed by individuals with disabilities. Nestlé seeks such skilled and qualified individuals to share our mission where you'll join a cohort of others who have chosen to call Nestlé home.
The Nestlé Companies are equal employment opportunity employers. All applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status or any other characteristic protected by applicable law. Prior to the next step in the recruiting process, we welcome you to inform us confidentially if you may require any special accommodations in order to participate fully in our recruitment experience. Contact us at accommodations@nestle.com or please dial 711 and provide this number to the operator: 1-800-321-6467.
This position is not eligible for Visa Sponsorship.
Review our applicant privacy notice before applying at https://www.nestlejobs.com/privacy.
Job Requisition: 416224
Foods you love. Brands you trust. And a career that empowers you to grow.
At Nestlé USA, we're all working towards the same goal - to delight and deliver for our consumers. With a rich portfolio of beloved brands, including DiGiorno, Toll House, and Coffee mate, in 97% of U.S. households, we have a unique opportunity - and responsibility - to be there for every moment in our consumers' lives.
Joining Nestlé means becoming part of an inclusive workplace that inspires innovation, encourages strategic thinking and creativity, and celebrates your achievements. No matter where you work within the organization, you are empowered to challenge the status quo, embrace risk-taking, and pioneer new ideas. Our supportive and collaborative environment encourages bold ambitions and continuous learning so that everyone can grow and thrive.
This position is not eligible for Visa Sponsorship.
Job Summary
Reporting to the Head of Credit Risk & A/R Administration, this senior leadership role is responsible for managing Nestlé's comprehensive Supplier Credit Risk Management framework. The role assesses and identifies vendors with credit risk profiles that could potentially disrupt Nestlé's supply chain. This includes applying advanced financial analysis and risk scoring methodologies to evaluate and mitigate supplier credit risk. The role is accountable for supporting supply chain continuity through strong risk governance, policy compliance, and cross-functional partnership with Procurement, global stakeholders, and business leaders. This leader will also help drive continuous improvement and digital innovation to strengthen the effectiveness, efficiency, and quality of supplier credit risk processes.
Responsibilities:
  • Oversee ongoing credit and financial risk monitoring for approximately 30,000 vendors worldwide
  • Manage the Supplier Credit Risk Management framework to assess and identify vendors with potential credit risk that could disrupt supply chain continuity.
  • Use financial analysis and risk scoring methodologies to evaluate supplier credit risk and inform risk mitigation actions.
  • Collaborate with Direct and Indirect Procurement leaders across markets to mitigate supplier risk and develop contingency strategies.
  • Ensure compliance with Nestlé's Global Vendor Approval Policy (VAP) by partnering with global HQ and cross-functional stakeholders on governance and execution.
  • Support the technology roadmap/blueprint to advance digital innovations that improve speed, accuracy, and quality of credit risk analytics and processes.
  • Set strategic priorities and operating standards for supplier credit risk activities to ensure consistent execution, clear accountability, and alignment with business objectives.
  • Provide leadership, coaching, and development to team members while fostering a high-performing, collaborative, and continuous improvement-focused culture.
  • Translate complex supplier risk insights into clear recommendations for senior leaders to support timely decision-making and risk mitigation.
  • Drive cross-functional alignment on high-impact supplier risk matters by influencing stakeholders, escalating critical risks, and supporting resolution of complex issues.

Requirements and Minimum Education:
  • BA or BS degree in Business (e.g., Business Administration, Finance, Accounting), Supply Chain Management, or a related field that produces Credit Risk Management subject matter expertise required.
  • Advanced certifications (MBA, CFA, CPA) are preferred
  • Additional experience driving project-based initiatives to successful and on time outcomes, including projects requiring collaboration with multiple peers in cross functional teams and/or third-party service developers/providers.
  • Proficiency in Microsoft Office Suite of applications

Experience and Preferred Qualifications:
  • Minimum of 8 years of work experience in Credit Risk Management, Supply Chain Risk, Investment Banking, or related financial risk management capacities
  • Experienced people leader with demonstrated ability to coach, develop, and advise team members and stakeholders through subject matter expertise.
  • Excellent communication and leadership skills. Able to clearly articulate ideas and consistently lead stakeholders and alignment and agreement
  • Experience conceptualizing and then leading the development and use of business intelligence dashboards, such as Power BI or similar tools is preferred
  • Strong industry network comprised of business intelligence, technology, and academic peers to ensure innovative industry best practices
  • Collaborative experience with Supply Chain, Procurement based functions is preferred
  • Proficient in SAP, or similar ERP systems

Skills
  • Deep understanding qualitative and quantitative financial statement analysis, ratio analysis, geopolitical, and the impact of currency and commodity volatility.
  • Excellent financial and risk analysis skills, including the successful negotiation of confidential financial information from the Executive Finance leaders of our Suppliers
  • Strong leadership and people skills
  • Leverage technology, software, systems, third-party partners, and industry best practices to improve process efficiency and effectiveness.
  • Able to lead and develop a team of professionals
  • Work with senior level Procurement leaders to align with global policies and objectives

#LI-MR1
#LI-hybrid
Salary: $138,000.00 to $199,000.00 per year
Bonus Eligibility: Yes
The pay range provided is a good faith estimate for the position at the time of posting. Final compensation may vary based on factors including but not limited to knowledge, skills and abilities as well as geographic location. It is not typical for an individual to be hired at top of range.
Nestlé offers performance-based incentives and a competitive total rewards package, which includes a 401k with company match, healthcare coverage and a broad range of other benefits. Incentives and/or benefit packages may vary depending on the position. Learn mor