Operational Risk Manager Jobs in Crystal Lake, IL

The Deputy Project Manager plays a key leadership role in supporting the successful delivery of payment processing operations and contractual commitments. Partnering closely with the Project Manager, this position helps oversee day-to-day operations, financial performance, service delivery, regulatory compliance, and client satisfaction across a high-volume transaction processing environment.

The Deputy Project Manager serves as a primary liaison among operational teams, clients, vendors, financial institutions, and internal stakeholders to ensure accurate, timely, and compliant payment processing services. This role provides direct leadership to multiple functional areas, drives process improvements, supports strategic initiatives, and assumes full operational responsibility in the absence of the Project Manager.

Key Responsibilities

• Support the Project Manager in the overall management of payment processing operations, ensuring adherence to contractual requirements, service level agreements (SLAs), key performance indicators (KPIs), and quality standards. 

• Provide leadership and oversight for payment receipt, processing, balancing, reconciliation, exception management, disbursement, customer service, mailroom, and data entry functions. 

• Monitor operational and financial performance, identify trends, and implement corrective actions to achieve performance goals. 

• Partner with the Project Manager to manage client relationships and ensure a high level of customer satisfaction and service delivery. 

• Lead cross-functional teams and foster a culture of accountability, collaboration, continuous improvement, and operational excellence. 

• Analyze workflow, productivity, quality, and financial metrics to identify opportunities for increased efficiency, accuracy, and cost savings. 

• Coordinate with clients, financial institutions, vendors, auditors, and internal stakeholders to resolve operational issues and support business initiatives. 

• Support project planning, implementation, risk mitigation, and issue resolution for operational enhancements and client-driven initiatives. 

• Ensure compliance with contractual obligations, regulatory requirements, security standards, and internal controls. 

• Develop, document, and implement operational procedures and process improvements that enhance performance and reduce risk. 

• Oversee workforce planning activities, including scheduling, staffing, training, coaching, and employee performance management. 

• Prepare and present operational, financial, and performance reports to management and client stakeholders. 

• Support internal and external audits by maintaining compliance documentation and ensuring audit readiness. 

• Escalate and resolve complex operational, financial, customer service, and compliance-related issues. 

• Provide leadership support during critical operational events, system outages, processing deadlines, and other business-critical situations, including availability outside of standard business hours as needed to ensure continuity of operations and timely issue resolution. 

• Serve as acting Project Manager during absences, providing leadership and decision-making authority to maintain uninterrupted operations. 

Required Qualifications

• Bachelor's degree in Business Administration, Finance, Operations Management, Project Management, or a related field. 

• Minimum of five (5) years of experience in payment processing, financial operations, project management, business operations, or customer service environments.

• Minimum of three (3) years of progressive leadership or supervisory experience managing operational teams.

• Experience leading high-volume transaction processing or payment operations in a metrics-driven environment. 

• Strong knowledge of payment processing workflows, financial controls, reconciliation practices, and operational risk management. 

• Proven ability to manage competing priorities while meeting deadlines and contractual commitments. 

• Strong analytical, problem-solving, and decision-making skills with the ability to interpret operational and financial data. 

• Excellent verbal and written communication skills with the ability to build relationships across all levels of an organization. 

• Proficiency with Microsoft Office Suite, reporting tools, and business applications. 

• Ability and willingness to work extended hours, evenings, weekends, and holidays as needed, and participate in an on-call rotation to support business-critical operations and issue resolution. 

Preferred Qualifications

• Experience supporting government payment programs, banking operations, financial services, healthcare claims processing, or other regulated transaction-processing environments. 

• Experience managing client-facing service delivery operations and contractual performance requirements. 

• Knowledge of audit, compliance, and regulatory requirements related to financial transaction processing. 

• Experience implementing operational improvements, workflow automation, or process optimization initiatives. 

Flexible Working

At Conduent, we want you to be yourself. We recognize that everyone is different and that how people want to work and deliver at their best is different for everyone too.

In this role, you can expect the following working conditions:

• Onsite work: Work in our local office, receiving personal coaching and leadership so that you can provide the best support to our clients and help you grow in your career.

Working For You

Perks and rewards designed for you:

• Health and Welfare Benefits: Our health and welfare benefits can be tailored to fit you and your family's needs and start on the first day of employment.

• Retirement Savings: We will support you as you save for your future.

• Employee Discounts: We offer you access to a vast selection of global, national, and local discounts on merchandise, services, travel, and more.

• Career Growth Opportunities: We help you thrive, so together, we can grow. We provide opportunities to advance your career with a vast portfolio of businesses and a global footprint.

• Paid Training: Earn while you learn and continue to grow with access to award-winning learning platforms throughout your Conduent career.

• Paid time off: We provide attractive paid time off packages designed for you to enjoy your life away from work.

• Great Work Environment: We are proud of our award-winning culture and the recognition we've received for our diversity efforts.

Join Us

At Conduent, we are one team, one mission. We understand that our success is directly related to the success of our associates. 

We strive to create a culture where you can:

• Bring your authentic self to work.

• Grow and thrive, both personally and professionally.

• Make a difference with our clients, in our communities, and with the millions of people we support.

Pay Transparency Laws in some locations require disclosure of compensation and/or benefits-related information. For this position, actual salaries will vary and may be above or below the range based on various factors including but not limited to location, experience, and performance. In addition to base pay, this position, based on business need, may be eligible for a bonus or incentive. In addition, Conduent provides a variety of benefits to employees including health insurance coverage, voluntary dental and vision programs, life and disability insurance, a retirement savings plan, paid holidays, and paid time off (PTO) or vacation and/or sick time. The estimated salary range for this role is $81,659 - $106,050.

Through our dedicated associates, Conduent delivers mission-critical services and solutions on behalf of Fortune 100 companies and over 500 governments - creating exceptional outcomes for our clients and the millions of people who count on them. You have an opportunity to personally thrive, make a difference and be part of a culture where individuality is noticed and valued every day.

Conduent is an Equal Opportunity Employer and considers applicants for all positions without regard to race, color, creed, religion, ancestry, national origin, age, gender identity, gender expression, sex/gender, marital status, sexual orientation, physical or mental disability, medical condition, use of a guide dog or service animal, military/veteran status, citizenship status, basis of genetic information, or any other group protected by law.

For US applicants: People with disabilities who need a reasonable accommodation to apply for or compete for employment with Conduent may request such accommodation(s) by submitting their request through this form that must be downloaded:  click here to access or download the form.  Complete the form and then email it as an attachment to FTADAAA@conduent.com. You may also click here to access Conduent's ADAAA Accommodation Policy.