Specific Responsibilities for the team include Third Party Risk Management, Business Continuity, Crisis Management, Operational Risk Scenarios, Resolution Planning and responding to audits, * Ability ...
Specific Responsibilities for the team include Third Party Risk Management, Business Continuity, Crisis Management, Operational Risk Scenarios, Resolution Planning and responding to audits, * Ability ...
Managing Director, Governance & Controls, North American Treasury & Payment Solutions BMO Commerc...
Chicago, IL · On-site
Business Management Leads risk management operational activities for all BMO-defined Operational Risk Types for a line of business, ensuring that internal control systems identify and mitigate ...
Managing Director, Governance & Controls, North American Treasury & Payment Solutions BMO Commerc...
Chicago, IL · On-site
Business Management Leads risk management operational activities for all BMO-defined Operational Risk Types for a line of business, ensuring that internal control systems identify and mitigate ...
Managing Director, Governance & Controls, North American Treasury & Payment Solutions BMO Commerc...
Chicago, IL · On-site
Business Management Leads risk management operational activities for all BMO-defined Operational Risk Types for a line of business, ensuring that internal control systems identify and mitigate ...
Managing Director, Governance & Controls, North American Treasury & Payment Solutions BMO Commerc...
Chicago, IL · On-site
Business Management Leads risk management operational activities for all BMO-defined Operational Risk Types for a line of business, ensuring that internal control systems identify and mitigate ...
... operational risk, model risk management, compliance, fraud/financial crime, credit risk, and enterprise governance). The role leads engagements to design, develop, and deploy production-grade AI ...
... operational risk, model risk management, compliance, fraud/financial crime, credit risk, and enterprise governance). The role leads engagements to design, develop, and deploy production-grade AI ...
Lead complex risk transformation, operational risk, and enterprise risk engagementsfor commercial and private equity/growth-oriented organizations. * Design and implement operating models, governance ...
Lead complex risk transformation, operational risk, and enterprise risk engagementsfor commercial and private equity/growth-oriented organizations. * Design and implement operating models, governance ...
... operations, and claims and litigation. The Senior Risk Manager is responsible for overseeing the work of the Risk Manager within their service lines. Duties & Responsibilities Clinical Patient Safety
... operations, and claims and litigation. The Senior Risk Manager is responsible for overseeing the work of the Risk Manager within their service lines. Duties & Responsibilities Clinical Patient Safety
Lead complex risk transformation, operational risk, and enterprise risk engagementsfor commercial and private equity/growth-oriented organizations. * Design and implement operating models, governance ...
Lead complex risk transformation, operational risk, and enterprise risk engagementsfor commercial and private equity/growth-oriented organizations. * Design and implement operating models, governance ...
Lead complex risk transformation, operational risk, and enterprise risk engagementsfor commercial and private equity/growth-oriented organizations. * Design and implement operating models, governance ...
Quick apply
Lead complex risk transformation, operational risk, and enterprise risk engagementsfor commercial and private equity/growth-oriented organizations. * Design and implement operating models, governance ...
... operations, and claims and litigation. The Senior Risk Manager is responsible for overseeing the work of the Risk Manager within their service lines. Duties & Responsibilities Clinical Patient Safety
... operations, and claims and litigation. The Senior Risk Manager is responsible for overseeing the work of the Risk Manager within their service lines. Duties & Responsibilities Clinical Patient Safety
... operations, and claims and litigation. The Senior Risk Manager is responsible for overseeing the work of the Risk Manager within their service lines. Duties & Responsibilities Clinical Patient Safety
... operations, and claims and litigation. The Senior Risk Manager is responsible for overseeing the work of the Risk Manager within their service lines. Duties & Responsibilities Clinical Patient Safety
... operations, and claims and litigation. The Senior Risk Manager is responsible for overseeing the work of the Risk Manager within their service lines. Duties & Responsibilities Clinical Patient Safety
... operations, and claims and litigation. The Senior Risk Manager is responsible for overseeing the work of the Risk Manager within their service lines. Duties & Responsibilities Clinical Patient Safety
Manager, Cybersecurity Governance and Risk Responsibilities: - Assist with the development ... the operation of law practices and advanced knowledge of MS Outlook, Word, Excel, Visio, and ...
Manager, Cybersecurity Governance and Risk Responsibilities: - Assist with the development ... the operation of law practices and advanced knowledge of MS Outlook, Word, Excel, Visio, and ...
At least 2 years of Operations, Financial Services Compliance or Risk Management experience * At least 2 years of experience in Process Management or Project Management Preferred Qualifications:
At least 2 years of Operations, Financial Services Compliance or Risk Management experience * At least 2 years of experience in Process Management or Project Management Preferred Qualifications:
... Operational Risk Management, and Compliance in support of the company's 3LOD program. * Work with ... Direct experience as the accountable risk leader manager 1LOD regulatory and audit activities.
... Operational Risk Management, and Compliance in support of the company's 3LOD program. * Work with ... Direct experience as the accountable risk leader manager 1LOD regulatory and audit activities.
Clearing Deliveries & Risk Analyst
Chicago, IL · On-site
$27.69 - $46.15/hr
As a Clearing Deliveries & Risk Analyst, you will step into a pivotal role, monitoring the ... Operational Discipline: Strong documentation skills and the ability to manage a flexible schedule ...
Clearing Deliveries & Risk Analyst
Chicago, IL · On-site
$27.69 - $46.15/hr
As a Clearing Deliveries & Risk Analyst, you will step into a pivotal role, monitoring the ... Operational Discipline: Strong documentation skills and the ability to manage a flexible schedule ...
... Operational Risk Management, and Compliance in support of the company's 3LOD program. * Work with ... Direct experience as the accountable risk leader manager 1LOD regulatory and audit activities.
... Operational Risk Management, and Compliance in support of the company's 3LOD program. * Work with ... Direct experience as the accountable risk leader manager 1LOD regulatory and audit activities.
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$105K - $130K/yr
... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Collaborate with operations and product teams to ensure well-defined objective functions which are ...
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$105K - $130K/yr
... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Collaborate with operations and product teams to ensure well-defined objective functions which are ...
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$105K - $130K/yr
... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Collaborate with operations and product teams to ensure well-defined objective functions which are ...
Fraud Risk Analytics Manager
Chicago, IL · Hybrid
$105K - $130K/yr
... risk management, and product experiences. The ideal candidate brings deep fraud domain expertise ... Collaborate with operations and product teams to ensure well-defined objective functions which are ...
REQUIRED - Bachelor's degree, or equivalent work experience. - Typically 10+ years of applicable experience in risk management, compliance, audit, technology risk, or operational risk. PREFERRED ...
REQUIRED - Bachelor's degree, or equivalent work experience. - Typically 10+ years of applicable experience in risk management, compliance, audit, technology risk, or operational risk. PREFERRED ...
The Sr. Risk Manager will be responsible for establishing the regulatory framework and operational controls necessary to safely handle DG shipments across air, ground, and ocean freight lanes ...
The Sr. Risk Manager will be responsible for establishing the regulatory framework and operational controls necessary to safely handle DG shipments across air, ground, and ocean freight lanes ...
Operational Risk Manager information
See Elgin, IL salary details
$46.5K - $63.5K
5% of jobs
$73.9K is the 25th percentile. Wages below this are outliers.
$63.5K - $80.6K
33% of jobs
The median wage is $95.7K / yr.
$80.6K - $97.7K
14% of jobs
$97.7K - $114.8K
14% of jobs
$114.8K - $131.8K
5% of jobs
$143.9K is the 75th percentile. Wages above this are outliers.
$131.8K - $148.9K
6% of jobs
$148.9K - $166K
7% of jobs
$166K - $183.1K
5% of jobs
$183.1K - $200.1K
2% of jobs
$200.1K - $217.2K
8% of jobs
$217.2K - $234.3K
0% of jobs
$46.5K
$119.3K
$234.3K
How much do operational risk manager jobs pay per year?
As of May 30, 2026, the average yearly pay for operational risk manager in Elgin, IL is $119,319.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,700.00 and $157,200.00 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?
| Aspect | Operational Risk Manager | Risk Analyst |
|---|---|---|
| Certifications | CFA, FRM, or similar | CFA, FRM, or similar |
| Work Environment | Financial institutions, banks, insurance companies | Financial firms, consulting, corporate risk teams |
| Responsibilities | Identify, assess, and mitigate operational risks; develop risk frameworks | Analyze 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.
More about Operational Risk Manager jobs
What are the most commonly searched types of Operational Risk jobs in Elgin, IL? The most popular types of Operational Risk jobs in Elgin, IL are:
What job categories do people searching Operational Risk Manager jobs in Elgin, IL look for? The top searched job categories for Operational Risk Manager jobs in Elgin, IL are:
What cities near Elgin, IL are hiring for Operational Risk Manager jobs? Cities near Elgin, IL with the most Operational Risk Manager job openings:
Full-time
This job post has expired 1 day ago. Applications are no longer accepted.
Capital One rating
7.7
Based on 134 frontline employees who took The Breakroom Quiz
74th of 141 rated banks
Job description
Senior Risk Associate (Global Payments Network)
Successful Senior Risk Associates are highly motivated professionals with excellent project, process and communication skills. They have a high level of exposure across lines of business and have the opportunity to create and implement innovative solutions to identify and mitigate potential risks to Capital One.
This role will be hired as a Capital One associate but will play a critical part in project execution and delivery for Discover Financial Services as part of our integration effort.
The Global Payment Network Complaint BRIC team provides oversight and support for the Network Complaint management program across Discover's three schemes (Discover Network, Diners Club International and PULSE).
Responsibilities:
Program development and ongoing enhancements,
Developing monthly reporting for leadership oversight and timely action.
Performing trend analysis to identify any systemic or recurring issues and ensure appropriate action is taken.
Provide excellent service to both business partners and the ERM organization
Execute processes and deliverables that support internal team governance processes
Deliver on a subset of the program deliverables including drafting communications, writing and editing policies and procedures, audit remediation responses, etc.
Create, edit and manage multiple facets of risk reporting
Manage tasks and activities related to risk management initiatives
Support risk teams with ad-hoc deliverables and investigations
Initiating and executing process improvements and leveraging other team members when appropriate
Specific Responsibilities for the team include Third Party Risk Management, Business Continuity, Crisis Management, Operational Risk Scenarios, Resolution Planning and responding to audits,
Ability to work with cross-functional teams and key first line of defense contacts at varying levels within the organization
Providing the first line of defense with methodology guidance relative to risk assessment programs
Monitor and govern adherence to assessment program elements
Provide reporting on assessment results
Basic Qualifications:
Bachelor's Degree or Military Experience
At least 2 years of experience in Project Management, or Business Process, or Risk Management
At least 1 year of experience using Google Suite or Microsoft Office products
Preferred Qualifications:
At least 3+ years of experience in Project or Business Process, or Risk Management
Certified Risk Manager (CRM) or BC (Business Certification)
At least 3+ years of experience creating and maintaining information in Google Suite Products (Slides, Sheets)
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Chicago, IL: $87,700 - $100,100 for Sr. Risk AssociateCandidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
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