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Operational Risk Manager Jobs in Coal Valley, IL

Risk Management Opening Date: 07/10/2026 Closing Date: Continuous Work Hours: Generally, Monday ... Operations Center. * Performs other job-related duties as assigned. Education & Experience

Drive continuous improvement initiatives to strengthen reporting quality, reduce operational risk ... Demonstrated ability to manage deadlines, review complex regulatory deliverables, and maintain high ...

... operations teams. We are part of Dover Corporation, a $7.7 billion global, stable, and growing ... Conduct risk assessments, audits, and inspections to identify and mitigate hazards. * Program ...

... operations teams. We are part of Dover Corporation, a $7.7 billion global, stable, and growing ... Conduct risk assessments, audits, and inspections to identify and mitigate hazards. * Program ...

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Operational Risk Manager information

See Coal Valley, IL salary details

$43.8K

$112.4K

$220.7K

How much do operational risk manager jobs pay per year?

As of Aug 11, 2026, the average yearly pay for operational risk manager in Coal Valley, IL is $112,422.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,500.00 and $148,100.00 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 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 job categories do people searching Operational Risk Manager jobs in Coal Valley, IL look for? The top searched job categories for Operational Risk Manager jobs in Coal Valley, IL are:
What cities near Coal Valley, IL are hiring for Operational Risk Manager jobs? Cities near Coal Valley, IL with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Coal Valley, IL as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 16% Part Time, and 1% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $112,422 per year, or $54 per hour.

Senior Manager - Vendor Management Office (VMO)

Deloitte

Davenport, IA • On-site, Remote

Full-time

Re-posted yesterday


Deloitte rating

8.2

Company rating: 8.2 out of 10

Based on 92 frontline employees who took The Breakroom Quiz

45th of 150 rated financial services


Job description

Overview

Deloitte Technology US (DT-US), an internal enterprise technology organization within Deloitte, is seeking a Senior Manager to lead the Vendor Management Office (VMO). This role serves as a strategic leader responsible for defining and executing the enterprise vendor management strategy across Deloitte's technology ecosystem.
You will lead a high-performing VMO function that drives vendor governance, financial optimization, performance management, and risk alignment across a complex portfolio of strategic technology partners. This role operates at the intersection of technology, finance, procurement, and risk, ensuring Deloitte maximizes value from its vendor investments while enabling innovation, scalability, and operational excellence.
As a VMO leader, you will shape the future of vendor management through ServiceNow-enabled automation, AI-driven insights, and continuous capability evolution, aligning vendor strategy with enterprise priorities.

Recruiting for this role ends on September 30, 2026

Work You'll Do

  • Lead the enterprise vendor management strategy across DT-US.
  • Establish and evolve governance frameworks, operating models, policies, and standards across the vendor lifecycle.
  • Advise the CIO, COO, and senior business leaders on vendor strategy, selection, and portfolio governance.
  • Drive alignment across U.S. and Global VMO priorities and strategies.
  • Build, lead, and develop a multidisciplinary VMO team spanning vendor governance, performance, financial management, and risk.
  • Oversee end-to-end vendor lifecycle management, from onboarding through renewal or exit, while ensuring alignment with architecture, security, compliance, and risk requirements.
  • Lead vendor portfolio strategy through major transformation efforts, including large-scale technology initiatives, mergers and acquisitions, and divestitures.
  • Own vendor performance and financial management, including SLA/SLO alignment, KPI tracking, executive reporting, budgeting, forecasting, cost optimization, and issue remediation.
  • Lead the enterprise VMO technology roadmap in ServiceNow, including Supplier Lifecycle Operations and Contract Management Pro, to advance automation, standardization, analytics, and AI-enabled capabilities.
  • Own the third-party risk framework and partner across Procurement, Finance, Legal, Cyber, Risk, and Technology to strengthen vendor governance, manage risk, and inform long-term investment decisions.

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to mentor and provide clear guidance to others

Qualifications Required

  • Bachelor's degree
  • 10+ years of experience in IT vendor management, supplier governance, strategic sourcing, or enterprise technology operations
  • 2+ years experience leading or transforming a Vendor Management Office or similar governance function in addition to working on the budgeting, forecasting and cost optimizations of VMOs
  • 8+ years vendor lifecycle management, performance governance, and financial management
  • 1+ years recently working with ServiceNow Supplier Lifecycle Operations (SLO) and Contract Management Pro as core VMO platform modules
  • Bachelor's degree in Business, Finance, Information Systems, or equivalent
  • Limited immigration sponsorship may be available
  • Ability to travel 0-10%, on average, based on the work you do; this role is predominantly remote with the option to work from home or a nearby Deloitte office

Preferred

  • Proven ability to lead teams and influence senior stakeholders
  • Strong strategic, analytical, and problem-solving skills
  • Executive communication and presentation skills
  • Experience in large-scale enterprise IT environments
  • Experience leveraging AI, predictive analytics, or automation in vendor management
  • Familiarity with third-party risk management frameworks (TPRM)
  • Experience with IT financial management, chargeback/showback models
  • Experience developing vendor market intelligence and benchmarking
  • MBA or equivalent graduate degree

Why Join DT-US?

DT-US powers the technology ecosystem behind Deloitte's U.S. businesses. You will join a forward-looking organization focused on innovation, operational excellence, and scalable governance models that enable enterprise transformation.
This is an opportunity to lead and shape a critical enterprise capability, driving measurable impact across vendor strategy, financial performance, and technology delivery.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $113,100 to $208,300.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance. 

EA_ExpHire

#LH-1

EA_ITS_ExpHire 

Qualifications:

Overview

Deloitte Technology US (DT-US), an internal enterprise technology organization within Deloitte, is seeking a Senior Manager to lead the Vendor Management Office (VMO). This role serves as a strategic leader responsible for defining and executing the enterprise vendor management strategy across Deloitte's technology ecosystem.
You will lead a high-performing VMO function that drives vendor governance, financial optimization, performance management, and risk alignment across a complex portfolio of strategic technology partners. This role operates at the intersection of technology, finance, procurement, and risk, ensuring Deloitte maximizes value from its vendor investments while enabling innovation, scalability, and operational excellence.
As a VMO leader, you will shape the future of vendor management through ServiceNow-enabled automation, AI-driven insights, and continuous capability evolution, aligning vendor strategy with enterprise priorities.

Recruiting for this role ends on September 30, 2026

Work You'll Do

  • Lead the enterprise vendor management strategy across DT-US.
  • Establish and evolve governance frameworks, operating models, policies, and standards across the vendor lifecycle.
  • Advise the CIO, COO, and senior business leaders on vendor strategy, selection, and portfolio governance.
  • Drive alignment across U.S. and Global VMO priorities and strategies.
  • Build, lead, and develop a multidisciplinary VMO team spanning vendor governance, performance, financial management, and risk.
  • Oversee end-to-end vendor lifecycle management, from onboarding through renewal or exit, while ensuring alignment with architecture, security, compliance, and risk requirements.
  • Lead vendor portfolio strategy through major transformation efforts, including large-scale technology initiatives, mergers and acquisitions, and divestitures.
  • Own vendor performance and financial management, including SLA/SLO alignment, KPI tracking, executive reporting, budgeting, forecasting, cost optimization, and issue remediation.
  • Lead the enterprise VMO technology roadmap in ServiceNow, including Supplier Lifecycle Operations and Contract Management Pro, to advance automation, standardization, analytics, and AI-enabled capabilities.
  • Own the third-party risk framework and partner across Procurement, Finance, Legal, Cyber, Risk, and Technology to strengthen vendor governance, manage risk, and inform long-term investment decisions.

A successful candidate would possess these skills:

  • Ability to work independently and collaborate as part of a team
  • Effective written and verbal communication skills
  • Meticulous attention to detail and quality of work product
  • Ability to build and sustain professional relationships
  • Ability to lead projects or workstreams
  • Ability to manage and prioritize multiple tasks in a fast-paced and dynamic environment
  • Strong interpersonal skills and professional demeanor
  • Ability to meet deadlines
  • Ability to mentor and provide clear guidance to others

Qualifications Required

  • Bachelor's degree
  • 10+ years of experience in IT vendor management, supplier governance, strategic sourcing, or enterprise technology operations
  • 2+ years experience leading or transforming a Vendor Management Office or similar governance function in addition to working on the budgeting, forecasting and cost optimizations of VMOs
  • 8+ years vendor lifecycle management, performance governance, and financial management
  • 1+ years recently working with ServiceNow Supplier Lifecycle Operations (SLO) and Contract Management Pro as core VMO platform modules
  • Bachelor's degree in Business, Finance, Information Systems, or equivalent
  • Limited immigration sponsorship may be available
  • Ability to travel 0-10%, on average, based on the work you do; this role is predominantly remote with the option to work from home or a nearby Deloitte office

Preferred

  • Proven ability to lead teams and influence senior stakeholders
  • Strong strategic, analytical, and problem-solving skills
  • Executive communication and presentation skills
  • Experience in large-scale enterprise IT environments
  • Experience leveraging AI, predictive analytics, or automation in vendor management
  • Familiarity with third-party risk management frameworks (TPRM)
  • Experience with IT financial management, chargeback/showback models
  • Experience developing vendor market intelligence and benchmarking
  • MBA or equivalent graduate degree

Why Join DT-US?

DT-US powers the technology ecosystem behind Deloitte's U.S. businesses. You will join a forward-looking organization focused on innovation, operational excellence, and scalable governance models that enable enterprise transformation.
This is an opportunity to lead and shape a critical enterprise capability, driving measurable impact across vendor strategy, financial performance, and technology delivery.

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $113,100 to $208,300.

You may also be eligible to participate in a discretionary annual incentive program, subject to the rules governing the program, whereby an award, if any, depends on various factors, including, without limitation, individual and organizational performance. 

EA_ExpHire

#LH-1

EA_ITS_ExpHire 

Education:Bachelor's DegreeEmployment Type:

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