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Operational Risk Manager Jobs in Grain Valley, MO

... operational excellence. About This Role: What You'll Do: Reimagine Credit Strategy Through ... Drive change management efforts, recognizing that implementing technology is simple compared to ...

Risk Team at Lead The Risk team helps Lead innovate responsibly by identifying and managing risk ... management, operational resilience), while providing feedback to continuously improve on our ...

... Risk (POR) group, and facilitating process change management across regional operations. A ... successful candidate for this position will be a collaborative team player and have a strong drive ...

... Risk (POR) group, and facilitating process change management across regional operations. A ... successful candidate for this position will be a collaborative team player and have a strong drive ...

... Risk (POR) group, and facilitating process change management across regional operations. A ... successful candidate for this position will be a collaborative team player and have a strong drive ...

... Risk (POR) group, and facilitating process change management across regional operations. A ... successful candidate for this position will be a collaborative team player and have a strong drive ...

... Risk (POR) group, and facilitating process change management across regional operations. A ... successful candidate for this position will be a collaborative team player and have a strong drive ...

... Risk (POR) group, and facilitating process change management across regional operations. A ... successful candidate for this position will be a collaborative team player and have a strong drive ...

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Operational Risk Manager information

See Grain Valley, MO salary details

$41.8K

$107.4K

$210.9K

How much do operational risk manager jobs pay per year?

As of Jul 31, 2026, the average yearly pay for operational risk manager in Grain Valley, MO is $107,415.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,400.00 and $141,500.00 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 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 cities near Grain Valley, MO are hiring for Operational Risk Manager jobs? Cities near Grain Valley, MO with the most Operational Risk Manager job openings:

Full-time

Posted 22 days ago


Job description

Primary Purpose: To identify, assess, and mitigate organizational risks to ensure patient, staff and visitor safety, protect assets, and maintain regulatory compliance. Conduct risk assessments, ensure compliance with legal and regulatory requirements, and manage incidents to minimize liabilities and hazards. The goal is to create a safe working environment while reducing potential losses or disruptions due to accidents, unsafe practices, or unforeseen risks.

Reports to:  Director, Quality and Safety

Formal Policy—Setting Responsibilities: Formally responsible for facilitating policy and practice associated with the job’s purpose and essential responsibilities.

Routine Decision Making: In coordination with others, develops and implements, plans and monitors compliance with established priorities and objectives.

Formal Supervisory Responsibilities: Formal supervisory responsibility:  Facilitates committees and influencing department managers. No direct reports. 

Unusual Working Conditions: Risk of blood/body fluid contamination. Potential exposure to hazardous drugs and chemicals.

Age Specific Competencies: None required.

ESSENTIAL RESPONSIBILITIES AND TASKS

Manages and oversees Cass Regional’s Risk Management Program. (50% of time)

  • Participates in medical malpractice and general liability claims management process including working with liability carrier to secure necessary documents
  • Collaborates with and assists organizational leadership, management, physicians and staff to help implement, monitor and evaluate Cass Regional Medical Center’s Risk Management Plan
  • Identify risks to the Medical Center by performing risk assessments, review past incidents and claims, hospital loss and liability reports, and local and national hospital-related incident or risk data and statistics
  • Provides education to hospital staff related to opportunities for improvement in collaboration with department leadership members
  • Reviews attorney requested charges from a Risk Management perspective
  • Coordinates with Healthcare Services Group (HSG) in collaboration in the Quality and Safety Director for any pending cases
  • Supports the Medical Staff Quality Assurance program
  • Attends and participates in Cass Regional Medical Center Regulatory Compliance meetings as needed
  • Manages the day-today operations of the organization’s patient concern process/system.  Logs, tracks, trends and reports data collected within system.  Addresses concerns on an individual case-by-case basis and follows up to resolution
  • Works closely with Director, Quality and Safety related to patient concerns that involve quality of care concerns and issues
  • Evaluates, manages, and oversees the procurement and annual renewal of the Medical Center’s insurance programs, including general and professional liability, medical liability, property and contents (with business income protection), Directors & Officers, employee practices, cyber liability, boiler and machinery, crime, and commercial automobile coverage. Recommends adjustments as needed to ensure appropriate, comprehensive, and cost-effective protection of Medical Center assets and operations.
  • Develops risk management training programs and presents directly to or secures training of staff, management, leadership, medical staff and the Board of Trustees about risk issues, which may involve collaborative efforts with unit leadership members
  • Reports identified patient risk issues to the PSO
  • Leads Root Cause Analysis for Serious Safety Events and Sentinel Events

Supports Cass Regional’s efforts related to compliance with the Joint Commission, Center for Medicare and Medicaid Conditions of Participation and Department of Health and Senior Services and other accreditation/licensure bodies and their regulations/standards as it relates to Risk Management. (15% of time)

  • Serves as Section 1557 Coordinator, ensuring compliance with nondiscrimination requirements including grievance handling, recordkeeping, and language access.
  • Serves as the Civil Rights Coordinator, ensuring compliance with nondiscrimination requirements including grievance handling, recordkeeping, and language access.

Recommends new procedures and approaches to loss prevention based on reports of incidents, accidents, and other events.  (25% of time)

  • Review all employee injury reports and suggest adaptations or conformity to safety precautions.  Works in conjunction with Human Resources Compensation Program and Infection Prevention Coordinator and Employee Health Specialist
  • Responsible for facilitating the ongoing transition from a retrospective, reactive model for risk management to a prospective, proactive loss prevention program  
  • Participates in EOC/Safety Committee meetings monthly. Report out incident report data monthly.
  • Ensures annual Ligature Risk Assessment for organization is completed and reported to EOC/Safety Committee.
  • Leads meeting Falls Committee. Falls Committee meets monthly, and more frequently as deemed appropriate. 
  • Responsible for the Medical Center’s Event Reporting process including summarizing and trending of reports submitted, analyzing for trends, recommending changes to reduce trends and reporting monthly and annually to the Board of Trustees.
  • Investigates any incidents that may result in visitor, staff, physician injury, property damage and asset loss.
  • Evaluates all compensable events, claims and lawsuits for underlying issues and identifies opportunities for improvement and addresses lessons learned

ESSENTIAL PHYSICAL REQUIREMENTS 

  • Sedentary Work:  Lifting 10# maximum and occasionally lifting and/or carrying such articles as dockets, ledgers and small tools.  Jobs are sedentary:  if walking and standing are required only occasionally.

PHYSICAL DEMANDS 

  • Lifting:  Raising or lowering an object from one level to another (includes upward pulling).
  • Carrying:  Transporting an object, usually holding it in hands or arms or on the shoulders.
  • Pushing:  Exerting force upon an object so that the object moves away from the force (including slapping, striking, kicking, and treadle actions).
  • Pulling:  Exerting force upon an object so that the object moves toward the force (includes jerking).
  • Climbing:  Ascending or descending ladders, stairs, scaffolding, ramps, poles, ropes and the like, using the feet and the legs and/or hands and arms.
  • Hearing:  Ability to determine audible communication.
  • Stooping:  Bending the body downward and forward by bending the spine at the waist.
  • Reaching:  Extending the hands and arms in any direction.
  • Handling:  Seizing, holding, grasping, turning or otherwise working with the hand or hands (fingering not involved).
  • Fingering:  Picking, pinching, or otherwise working with the fingers primarily (rather than the whole hand or arms as in handling).
  • Repetitive Motions:  Substantial movements (motions) of the wrist, hands, and/or fingers.
  • Feeling:  Perceiving such attributes of objects and materials as size, shape, temperature, or texture by means of receptors in the skin, particularly those of the fingertips.
  • Speaking:  Expressing or exchanging ideas by means of the spoken word.  Those activities in which they must convey detailed or important spoken instructions to other workers accurately, loudly or quickly.
  • Seeing:  Obtaining impressions through the eyes of the shape, size, distance, motion, color or other characteristics of objects.
  • Acuity, far – clarify of vision at 20 feet or more.
  • Acuity, near – clarity of vision of 20 inches or less.
  • Depth perception – ability to judge distance and space relationships so as to see objects where and as they actually are.
  • Field of vision – area seen up and down or to the right or left while eyes are fixed.
  • Accommodations – adjustment of the lens of the eye to bring an object into sharp focus.
  • Color vision – the ability to identify and distinguish colors.

WORKING CONDITIONS

  • Inside:  Worker spends approximately 75% or more of time inside.

Education and Certification/Registration Required for the Position: Bachelor’s degree in nursing, risk management, or related field required; Master’s preferred.  CPHRM, CHSP, or other risk/safety-related certification preferred. Current licensure as a Registered Nurse (RN) in the state of Missouri or compact state required. 3-5 years of management experience, including 2-3 years in risk management preferred.

Required Knowledge: Functions of goal setting processes; HIPAA regulations; knowledge of healthcare risk reduction strategies, general knowledge of regulatory requirements on the state and federal level, patient safety principles, risk financing/insurance programs, claims management.

Required Skills and Abilities: Ability to lead investigations and root cause analyses, facilitate safety culture, and influence change across departments.