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Operational Risk Manager Jobs in Evansville, IN (NOW HIRING)

... Risk Managers, and key stakeholders to support a comprehensive risk management framework that ... The role contributes to initiatives that strengthen operational effectiveness, minimize losses ...

Cybersecurity Risk Analyst

Evansville, IN · On-site

$36.93 - $55.40/hr

Partner with IT, Security, and operational teams to support risk management initiatives * Provide guidance to stakeholders on secure practices and cybersecurity risk reduction What We're Looking For

Business Risk Specialist

Owensboro, KY · On-site

$20 - $24.38/hr

The organization's risk management framework is designed to promote strong governance and effective ... liquidity, market, operational, compliance, reputational, and strategic risks. Under general ...

Business Risk Specialist

Owensboro, KY · On-site

$20 - $24.38/hr

The organization's risk management framework is designed to promote strong governance and effective ... liquidity, market, operational, compliance, reputational, and strategic risks. Under general ...

Assists with operational management of a Plasma Collection Center, ensuring compliance with all ... Minimizes center liability through constant risk management review. Investigates all unsafe ...

EHS Manager

Evansville, IN · On-site

$79K - $107K/yr

Integrate EHS into operations, projects, and risk management activities. * Lead incident reviews and drive continuous improvement across systems. * Build EHS capability through training, coaching ...

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Operational Risk Manager information

See Evansville, IN salary details

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$115.1K

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How much do operational risk manager jobs pay per year?

As of Jul 30, 2026, the average yearly pay for operational risk manager in Evansville, IN is $115,093.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,100.00 and $151,600.00 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 Evansville, IN look for? The top searched job categories for Operational Risk Manager jobs in Evansville, IN are:
What cities near Evansville, IN are hiring for Operational Risk Manager jobs? Cities near Evansville, IN with the most Operational Risk Manager job openings:

Third Party Risk Analyst, Sr

Old National Bank

Evansville, IN

Full-time

Medical, Dental, Vision, Retirement

Re-posted 16 days ago


Old National Bank rating

8.0

Company rating: 8.0 out of 10

Based on 38 frontline employees who took The Breakroom Quiz

70th of 170 rated banks


Job description

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving. 

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance.  401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.  We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.


The Third-Party Risk Management (TPRM) Senior Analyst is responsible for executing thirdparty risk management activities across a portfolio of vendors, supporting the Bank’s compliance with regulatory requirements and internal standards. This role manages relationships with third parties and partners with internal stakeholders to anticipate, identify, monitor, document, and mitigate risks associated with thirdparty relationships. This role reports to the Third-Party Risk Manager.

Salary Range

The salary range for this position is $60.000 - $121,300 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.


Key Accountabilities
Third Party Risk Management
• Perform thirdparty due diligence reviews and provide oversight of third-party risk assessments in accordance with TPRM policies, program and procedures.
• Support business segments throughout the third-party lifecycle.
• Analyze documentation related to operational resilience, information security, compliance, and business continuity.
• Identify control gaps and document risks, issues, and recommendations clearly and accurately.
• Track and monitor remediation activities for identified thirdparty issues.
• Validate evidence of corrective actions and escalate concerns when remediation is insufficient or delayed.
• Support ongoing monitoring activities, including periodic reviews and triggerbased reassessments.
• Partner with relationship owners to gather required documentation and clarify risk requirements.
• Respond to questions regarding TPRM processes, expectations, and timelines.
• Collaborate with subject matter experts as part of the review process.
• Maintain accurate and timely documentation within the TPRM system of record.
• Support preparation of management reports, metrics, and dashboards.
• Assist with audit and regulatory exam requests related to thirdparty risk activities.
Other
• Execute special projects and additional assignments as requested to support ThirdParty Risk Management and Enterprise Risk Management objectives.
• Contribute to the ongoing development, implementation, and maturation of thirdparty risk management processes, training materials, and support resources.
• Develop and maintain effective working relationships with stakeholders across the Bank to promote collaboration and consistent application of thirdparty risk management expectations.


Key Competencies for Position
Culture Leadership:
• Communication: Effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery method(s).
• Gaining Agreement: Uses appropriate interpersonal styles and techniques to gain acceptance of ideas or plans; modifies one's own behavior to accommodate tasks, situations and individuals involved.
• Collaboration: Actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives.
Execution Leadership:
• Drive and Execution: Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance.
• Planning and Organizing: Ability to determine a course of action, set and manage priorities, and ensure optimal resources to achieve individual and/or team objectives.
• Accountability: Accepts full responsibility for self and contribution as a team member; follows through on commitments; implements decisions that have been agreed upon; acknowledges and learns from mistakes without blaming others; recognizes the impact of his/her behavior on others.
• Attention to Detail: Completes work thoroughly and accurately; pursues quality in accomplishing tasks
• Technical Knowledge: Possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise.

Qualifications and Education Requirements
• Bachelor’s degree in business, project management, accounting, or related field.
• 3+ years of experience in thirdparty risk management, operational risk, audit, or related risk disciplines.
• Preferred certifications: CTPRP, CPA, CIA, CISA
• Foundational understanding of risk management concepts, including exposure to policies, standards, and procedures.
• General knowledge of banking operations and technology processes; prior experience in a regulated environment preferred.
• Familiarity with key thirdparty risk and regulatory requirements (e.g., GLBA, SOX, PCI, HIPAA) and related compliance expectations.
• Basic understanding of information security, cybersecurity concepts, and technology risks impacting thirdparty relationships.
• Strong attention to detail with the ability to analyze information, identify issues, and document risks clearly.
• Ability to manage multiple tasks and priorities in a fastpaced environment while meeting timelines.
• Effective written and verbal communication skills, including the ability to prepare documentation and support risk reporting.
• Demonstrated ability to work collaboratively and build productive working relationships across teams.
• Proficiency in Microsoft Office applications, including Word, Excel, PowerPoint, and Visio.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. 

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law. 

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values.

We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank.  Join our team!



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