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Operational Risk Manager Jobs in Johnsburg, MN (NOW HIRING)

Ethics & Compliance Manager

Austin, MN · On-site

$103K - $144K/yr

Expand and support compliance programs across domestic and international operations to align with ... Manage and enhance Third-Party Risk Management (TPRM) processes, including due diligence ...

New

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

... safety operational and quality assurance reviews developing and implementing action plans and ... and risk reduction Promotes reporting and transparency of errors whether actual or patient ...

... safety operational and quality assurance reviews developing and implementing action plans and ... and risk reduction Promotes reporting and transparency of errors whether actual or patient ...

... safety operational and quality assurance reviews developing and implementing action plans and ... and risk reduction Promotes reporting and transparency of errors whether actual or patient ...

... safety operational and quality assurance reviews developing and implementing action plans and ... and risk reduction Promotes reporting and transparency of errors whether actual or patient ...

... safety operational and quality assurance reviews developing and implementing action plans and ... and risk reduction Promotes reporting and transparency of errors whether actual or patient ...

... safety operational and quality assurance reviews developing and implementing action plans and ... and risk reduction Promotes reporting and transparency of errors whether actual or patient ...

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Operational Risk Manager information

See Johnsburg, MN salary details

$44.1K

$113.2K

$222.3K

How much do operational risk manager jobs pay per year?

As of Jul 30, 2026, the average yearly pay for operational risk manager in Johnsburg, MN is $113,201.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,900.00 and $149,100.00 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 Johnsburg, MN are hiring for Operational Risk Manager jobs? Cities near Johnsburg, MN with the most Operational Risk Manager job openings:

$103K - $144K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 2 days ago

New


Job description

Ethics & Compliance Manager

About Hormel Foods - 

Hormel Foods Corporation, based in Austin, Minnesota, is a global branded food company with approximately $12 billion in annual revenue. Its brands include PLANTERS, SKIPPY, SPAM, HORMEL NATURAL CHOICE, APPLEGATE, WHOLLY, HORMEL BLACK LABEL, COLUMBUS, JENNIE-O and more than 30 other beloved brands. The company is a member of the S&P 500 Index and the S&P 500 Dividend Aristocrats, was named one of the best companies to work for by U.S. News & World Report, one of America's most responsible companies by Newsweek, recognized by TIME magazine as one of the World's Best Companies and has received numerous other awards and accolades for its corporate responsibility and community service efforts.  For more information, visit hormelfoods.com.

POSITION SUMMARY: 

The Ethics & Compliance Manager is responsible for supporting and advancing the organization's ethics and compliance program by promoting a culture of integrity, accountability, and ethical decision-making. This role oversees key compliance initiatives, monitors regulatory requirements, develops and delivers training, conducts compliance risk assessments, manages third-party compliance processes, and partners with business leaders to identify and mitigate compliance risks.

The Ethics & Compliance Manager serves as a trusted advisor to leadership and employees, ensuring compliance with applicable laws, regulations, company policies, and ethical standards while fostering an environment where employees feel empowered to seek guidance and make ethical decisions.

RESPONSIBILITIES: 

  • Lead and continuously improve the company's Ethics & Compliance program, including third-party risk, conflicts of interest, anti-bribery/anti-corruption, training, and ethics culture initiatives.
  • Expand and support compliance programs across domestic and international operations to align with business growth and regulatory requirements.
  • Develop, maintain, and monitor compliance policies, procedures, controls, and program effectiveness through audits, assessments, metrics, and reporting.
  • Provide guidance to employees and leaders on ethics, compliance policies, conflicts of interest, gifts and entertainment, and ethical decision-making.
  • Conduct compliance risk assessments, identify emerging risks, and implement mitigation strategies and corrective actions.
  • Manage and enhance Third-Party Risk Management (TPRM) processes, including due diligence, onboarding, monitoring, and remediation of suppliers and business partners.
  • Ensure compliance with FCPA, anti-bribery, anti-corruption, and other global regulatory requirements while monitoring regulatory changes and industry trends.
  • Develop and deliver compliance training, awareness campaigns, and communications that reinforce ethical behavior, reporting mechanisms, and company values.
  • Prepare compliance reports, dashboards, and metrics for leadership; support audits and maintain accurate compliance documentation and records.
  • Foster a culture of integrity, accountability, and speak-up behavior while partnering across functions to strengthen compliance ownership and ethical leadership.

QUALIFICATIONS:

Required

  • Bachelor's degree in Business, Finance, Human Resources, Healthcare Administration, Law, Risk Management, or a related field required.

  • Master's degree preferred.

  • 5+ years of experience in ethics, compliance, auditing, program management, risk management, legal, human resources, or related fields.

  • Experience managing compliance programs, conducting risk assessments, and developing training programs.

  • Experience supporting or managing third-party risk management, anti-bribery, and anti-corruption compliance programs preferred.

  • Experience conducting due diligence reviews and risk assessments of third-party business relationships preferred.

  • Experience working in a regulated industry preferred.

  • Must be a Citizen or National of the United States, a lawful, permanent resident, or have authorization to work in the United States.
  • Applicants must not now, or in the future, require sponsorship for an employment visa.

Preferred

  • A Master's degree

  • Certified Compliance & Ethics Professional (CCEP)

  • Certified Compliance & Ethics Professional-International (CCEP-I)

  • Certified Internal Auditor (CIA)

  • Other relevant compliance, risk, governance, auditing, or anti-corruption certifications.

LOCATION: Austin, MN - a comprehensive relocation package will be provided if not already in the vicinity. 

TRAVEL REQUIREMENTS: Travel may be necessary 10% of the time.

Pay Range & Benefits:

At Hormel Foods, base pay is one part of our total compensation package and is determined within a range.  The base hiring pay range for this role is between $103,100 - $144,400 per year, and your actual base pay within that range will ,depend upon a variety of factors including, but not limited to, job-related knowledge, skill set, level of experience, and geographic market location.

Other components of Hormel Foods' total compensation package includes comprehensive medical, dental and vision coverage,  discretionary annual merit increases, bonuses and profit sharing, 401(k) with employer match, stock purchase plan, paid vacation, FREE two-year community/technical college tuition for children of employees, and more.

For immediate consideration, send apply online at: www.hormelfoods.com/careers

At Hormel we invite difference and diversity in all aspects.  We offer a space of support, understanding, and community.  We are committed to the journey!  Learn more about our progress here: https://www.hormelfoods.com/about/inclusion-and-belonging/

Hormel Foods provides equal employment opportunities to applicants and employees without regard to race; color; sex; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; status as a protected veteran or spouse/family member of a protected veteran; or disability.