ZipRecruiter

Log In

1

Operational Risk Manager Jobs in Fenton, MI (NOW HIRING)

Sentry

Risk Control Consultant-Michigan

Detroit, MI · On-site

$99K - $149K/yr

Plans and delivers safety/risk management services to insured customers and internal associates. We ... Conduct onsite facility evaluations to determine if operational exposures are being adequately ...

Fessler & Bowman

Risk & Claims Manager

Holly, MI · On-site

The Risk & Claims Manager is the person who ensures that every F&B team member with an active ... Develops and maintains modified duty job offerings across F&B's operational functions; follows up ...

Fessler & Bowman Inc

Risk & Claims Manager

Holly, MI · On-site

The Risk & Claims Manager is the person who ensures that every F&B team member with an active ... Develops and maintains modified duty job offerings across F&B's operational functions; follows up ...

Fessler & Bowman Inc

Risk & Claims Manager

Holly, MI · On-site

The Risk & Claims Manager is the person who ensures that every F&B team member with an active ... Develops and maintains modified duty job offerings across F&B's operational functions; follows up ...

Fessler & Bowman Inc

Risk & Claims Manager

Holly, MI · On-site

The Risk & Claims Manager is the person who ensures that every F&B team member with an active ... Develops and maintains modified duty job offerings across F&B's operational functions; follows up ...

Socket.dev

Risk & Claims Manager

Holly, MI · On-site

The Risk & Claims Manager is the person who ensures that every F&B team member with an active ... Develops and maintains modified duty job offerings across F&B's operational functions; follows up ...

Fessler & Bowman

Risk & Claims Manager

Holly, MI · On-site

The Risk & Claims Manager is the person who ensures that every F&B team member with an active ... Develops and maintains modified duty job offerings across F&B's operational functions; follows up ...

previous page

Showing results 41-60

All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Fenton, MI

Operational Risk Manager information

See Fenton, MI salary details

$42.4K

$109K

$213.9K

How much do operational risk manager jobs pay per year?

As of Sep 10, 2026, the average yearly pay for operational risk manager in Fenton, MI is $108,960.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,300.00 and $143,500.00 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.

More about Operational Risk Manager jobs

What job categories do people searching Operational Risk Manager jobs in Fenton, MI look for?

The top searched job categories for Operational Risk Manager jobs in Fenton, MI are:

What cities near Fenton, MI are hiring for Operational Risk Manager jobs?

Cities near Fenton, MI with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Fenton, MI as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 84% Physical, 3% Hybrid, and 13% Remote job distribution, with an average salary of $108,960 per year, or $52.4 per hour.

Assistant Vice President (AVP) - Bankruptcy Operations

Troy, MI • On-site

AD Mortgage
Finance and Insurance • 201 - 500 employees
Learn more about AD Mortgageexternal

$125K - $175K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 17 days ago

Job description

About this opportunity
The Assistant Vice President (AVP) of Bankruptcy Operations is responsible for the strategic leadership, operational management, regulatory compliance, and performance oversight of all mortgage servicing bankruptcy functions. This role oversees the administration of Chapter 7, Chapter 11, Chapter 12, and Chapter 13 bankruptcy portfolios, ensuring compliance with federal bankruptcy laws, investor requirements, court mandates, and servicing regulations.
The AVP leads teams responsible for bankruptcy case administration, proof of claim filing, payment monitoring, plan review, attorney oversight, litigation support, discharge processing, and investor reporting. The position serves as the primary liaison between Servicing, Legal, Compliance, Foreclosure, Loss Mitigation, and external bankruptcy counsel to ensure the organization's interests are protected while maintaining compliance and borrower protections.
Key Responsibilities
Strategic Leadership
  • Develop and execute the enterprise bankruptcy servicing strategy.
  • Establish departmental goals, objectives, and performance metrics.
  • Drive operational excellence through process improvement and automation initiatives.
  • Evaluate emerging bankruptcy trends and assess portfolio impacts.
  • Provide executive-level reporting on bankruptcy portfolio performance, risks, and compliance matters.
  • Support organizational initiatives involving default servicing and portfolio risk management.

Bankruptcy Operations Management
Oversee Administration of:
  • Chapter 7 Bankruptcy Cases
  • Chapter 11 Bankruptcy Cases
  • Chapter 12 Bankruptcy Cases
  • Chapter 13 Bankruptcy Cases
  • Active Bankruptcy Monitoring
  • Bankruptcy Payment Processing
  • Plan Review and Objection Processes
  • Post-Petition Payment Monitoring
  • Discharge Processing
  • Reaffirmation Agreements
  • Motion Practice Coordination
  • Bankruptcy Litigation Support

Operational Responsibilities
  • Ensure timely review and boarding of new bankruptcy filings.
  • Oversee filing and monitoring of Proofs of Claim.
  • Manage review of Chapter 13 plans and modifications.
  • Monitor plan performance and payment application.
  • Ensure compliance with court deadlines and filing requirements.
  • Oversee attorney referral and vendor management activities.
  • Manage escalated borrower, attorney, trustee, and court inquiries.

Regulatory Compliance and Legal Oversight
Ensure Compliance With:
  • U.S. Bankruptcy Code
  • Federal Rules of Bankruptcy Procedure
  • CFPB Mortgage Servicing Rules
  • RESPA (Regulation X)
  • FDCPA
  • Fair Credit Reporting Act (FCRA)
  • Servicemembers Civil Relief Act (SCRA)
  • FHA Bankruptcy Servicing Requirements
  • VA Bankruptcy Servicing Requirements
  • USDA Bankruptcy Servicing Requirements
  • Fannie Mae Servicing Guide
  • Freddie Mac Seller/Servicer Guide
  • Ginnie Mae Requirements
  • State Bankruptcy Laws

Additional Responsibilities
  • Partner with Legal and Compliance to implement regulatory changes.
  • Ensure all bankruptcy activities are conducted within court and statutory requirements.
  • Support regulatory examinations and investor reviews.
  • Manage responses to bankruptcy-related audit findings.
  • Oversee corrective action implementation.

Attorney and Vendor Management
  • Manage bankruptcy attorney networks.
  • Monitor attorney performance metrics and compliance.
  • Review legal invoices and expense controls.
  • Conduct periodic vendor performance reviews.
  • Ensure adherence to attorney referral and oversight procedures.
  • Coordinate litigation strategy with internal legal teams and external counsel.

Investor and Agency Management
Oversee Bankruptcy Compliance for:
  • FHA Insured Loans
  • VA Guaranteed Loans
  • USDA Loans
  • Fannie Mae Loans
  • Freddie Mac Loans
  • Ginnie Mae Pools
  • Portfolio Loans
  • Private Investor Portfolios

Responsibilities Include:
  • Monitoring investor-specific bankruptcy requirements.
  • Ensuring timely investor reporting.
  • Managing claim filing requirements.
  • Supporting investor audits and due diligence reviews.
  • Coordinating bankruptcy-related loss mitigation activities.

Risk Management and Quality Control
  • Establish bankruptcy-specific quality assurance programs.
  • Monitor operational risk indicators.
  • Perform trend analysis on filing deficiencies and compliance errors.
  • Review root cause analyses and corrective actions.
  • Ensure adherence to internal controls and risk management frameworks.
  • Identify opportunities to reduce legal and operational exposure.

Bankruptcy Financial Management
  • Monitor bankruptcy portfolio performance.
  • Analyze cure rates and repayment trends.
  • Track bankruptcy-related advances and recoveries.
  • Review attorney fee expenditures.
  • Support forecasting and budgeting activities.
  • Provide executive reporting regarding portfolio risk exposure.

Cross-Functional Collaboration
Partner closely with:
  • Legal Department
  • Compliance Department
  • Loss Mitigation
  • Foreclosure
  • Collections
  • Customer Service
  • Investor Reporting
  • Finance
  • Internal Audit
  • Risk Management
  • Subservicers

Responsibilities include:
  • Coordinating bankruptcy-to-loss mitigation transitions.
  • Managing foreclosure holds and relief from stay processes.
  • Supporting servicing transfers involving bankruptcy loans.
  • Assisting with enterprise regulatory initiatives.

Supervisory Responsibilities
  • Directly manages Bankruptcy Managers, Supervisors, Team Leads, and Analysts.
  • Responsible for:
    • Hiring and onboarding
    • Performance evaluations
    • Employee development
    • Succession planning
    • Corrective actions
    • Workforce planning
Location and Schedule
  • This is a full-time, office-based position in a modern, cozy environment in our Troy, MI office.
  • Our standard working hours are Monday to Friday, 9:00 AM to 6:00 PM, promoting a healthy work-life balance.
Skills & Qualifications
Education
  • Bachelor's Degree in Business Administration, Finance, Accounting, Legal Studies, or related field.
  • Advanced degree or paralegal/legal studies background preferred.

Experience
  • Minimum 5 years of mortgage servicing experience.
  • Minimum 3 years of leadership experience managing bankruptcy operations.
  • Extensive knowledge of:
    • Chapter 7 Administration
    • Chapter 13 Administration
    • Proof of Claim Processes
    • Bankruptcy Litigation Support
    • Investor Bankruptcy Requirements
    • Bankruptcy Payment Processing
    • Court Filing Procedures
  • Experience managing attorney networks and legal vendors.
  • Experience supporting regulatory examinations and audits.

Knowledge, Skills, and Abilities
Technical Expertise
  • U.S. Bankruptcy Code
  • Mortgage Servicing Operations
  • Bankruptcy Case Administration
  • Bankruptcy Court Procedures
  • Investor Guidelines
  • Mortgage Servicing Platforms
  • Legal Workflow Systems

Leadership Skills
  • Strategic Planning
  • Organizational Development
  • Change Management
  • Conflict Resolution
  • Executive Communication
  • Performance Management

Analytical Skills
  • Portfolio Analysis
  • Operational Forecasting
  • Compliance Monitoring
  • Root Cause Analysis
  • Risk Assessment
  • KPI Development

Communication Skills
  • Court and Attorney Communications
  • Executive Presentations
  • Regulatory Responses
  • Investor Reporting
  • Staff Development and Coaching

What We Offer | Career and Culture
  • Company Culture: Inclusive, supportive company culture where you are not a number, but a voice that's heard and brings value.
  • Growth Path: Defined paid training and clear pathways for career development.
  • Benefits: Comprehensive benefits package including PTO, sick days, paid volunteer hours, medical, dental, vision insurance, and 401(k).
    Take the first step towards a rewarding career in the mortgage industry with AD Mortgage.
    Our Recruitment team will reach out to you shortly!

Connect with us: Explore our social media to get a sense of our corporate culture.
YouTube
Instagram
TikTok
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, sexual orientation, age, marital status, veteran status, or disability status.
We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform crucial job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
Department Mortgage Operations | Servicing Locations Troy MI Yearly salary $125,000 - $175,000

Apply