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Operational Risk Manager Jobs in McHenry, IL (NOW HIRING)

Level 10, LLC

Finance

Hoffman Estates, IL · On-site

Risk Management: Identifying, assessing, and mitigating financial risks (e.g., market risk, credit risk, operational risk) that could impact the organization's financial stability and objectives.

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Operational Risk Manager information

See McHenry, IL salary details

$46.3K

$118.8K

$233.3K

How much do operational risk manager jobs pay per year?

As of May 29, 2026, the average yearly pay for operational risk manager in McHenry, IL is $118,817.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,300.00 and $156,500.00 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 McHenry, IL look for? The top searched job categories for Operational Risk Manager jobs in McHenry, IL are:
What cities near McHenry, IL are hiring for Operational Risk Manager jobs? Cities near McHenry, IL with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
IT Operations and Support Manager

IT Operations and Support Manager

Corporate America Family Credit Union

Elgin, IL • On-site

$94.56K - $118.20K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago

Job description

Alero Financial Credit Union

Job Description

Position Description: IT Operations & Support Manager

Reports to: VP IT Operations & Support

Grade Level: 14

Full Salary Range: $94,561.46 – $141,842.20

Hiring Salary Range: $94,561.46 – $118,201.83

Position Overview:

The IT Operations & Support Manager ensures the stability, security, and performance of the credit union’s end-user computing environment and support operations. This role leads Help Desk services, endpoint management, technical troubleshooting, and operational processes that support the organization’s IT infrastructure. The manager collaborates across infrastructure, cybersecurity, and application teams to enforce technical standards and deliver reliable, high-quality support.

Primary Technical Responsibilities:

· Lead daily IT support operations across desktops, laptops, mobile devices, printers, and conference systems.

· Supervise IT Specialists and Technicians performing hardware/software installation, configuration, troubleshooting, endpoint patching, and technical project tasks.

· Work independently and with infrastructure, security, applications, and business teams to evaluate, scope, test, and implement new products, systems enhancements, and third-party solutions.

· Administer and optimize the IT ticketing system, ensuring SLA compliance, KPI tracking, and trend analysis.

· Oversee endpoint lifecycle management, including imaging, patch deployment, vulnerability remediation, and application provisioning.

· Maintain asset management processes for hardware/software inventory, licensing, and compliance tracking.

· Coordinate escalation of technical issues involving infrastructure, networks, cloud services, and line-of-business applications.

· Implement and refine help desk procedures, technical runbooks, and escalation workflows.

· Support incident response, outages, and maintenance events with clear communication.

· Ensure operations align with regulatory frameworks including NCUA, FFIEC, cybersecurity requirements, and internal controls.

· Maintain documentation of configurations, access changes, procedures, and troubleshooting steps.

· Participate in IT audits, operational risk assessments, cybersecurity initiatives, and business continuity planning.

· Develop knowledgebase articles, self-service resources, and user guides.

· Demonstrate strong networking expertise, including understanding of network topology, switches, routers, firewalls, and related hardware.

Leadership & Operational Responsibilities

· Provide coaching, performance management, and skill development for support staff.

· Promote a culture of technical excellence, accountability, and continuous improvement.

· Drive process improvements to enhance service quality, response times, and reliability.

· Collaborate on technology planning, system upgrades, and operational enhancements.

· Perform other duties as assigned.

Qualifications:

Education & Experience

· Associate or bachelor’s degree in IT, Computer Science, or related field—or equivalent technical experience.

· 5+ years of progressive IT support experience, including 2+ years managing help desk or technical operations.

· Preferred certifications: A+, Network+, ITIL, Microsoft 365, Azure.

· Experience in financial or regulated environments preferred.

Technical Skills & Competencies

· Proficiency with Microsoft 365, Windows OS, endpoint management tools, remote support platforms, and networking fundamentals.

· Strong understanding of network topology, routing, switching, and common network hardware.

· Strong troubleshooting skills across hardware, software, network, and identity systems.

· Experience analyzing support metrics and identifying improvement opportunities.

· Familiarity with IT compliance standards, cybersecurity best practices, and operational risk management.

· Strong communication skills for technical and non-technical audiences.

· Ability to manage multiple technical priorities in dynamic environments.

Benefits

· Health, Vision, Dental Insurance

· Long-Term Disability Insurance

· Critical Illness

· Life Insurance

· 401(k) Match

· Profit Sharing

· PTO

· Flexible Spending Account

· Tuition Reimbursement

· Pet Insurance

· Commuter Benefit