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Operational Risk Manager Jobs in Millington, TN (NOW HIRING)

UHS

DIR - RISK MANAGEMENT

Memphis, TN · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

As the Risk Manager the main responsibility is the oversight of the UHS Risk Management TERM ... Knowledge of hospital operations, risk identification, assessment and reduction and claims ...

Evolve

Third Party Risk Officer

Memphis, TN · On-site

Seven or more years of experience in third party or related risk management roles (third-party risk management, auditing, operational risk, or compliance-related experience). * Demonstrated ...

Getevolved

Third Party Risk Officer

Memphis, TN · On-site

$120 - $180/hr

Seven or more years of experience in third party or related risk management roles (third-party risk management, auditing, operational risk, or compliance-related experience). * Demonstrated ...

New

Getevolved

Head of Third-Party Risk Management

Memphis, TN · On-site

$120 - $180/hr

... operational resilience, compliance). * Review and challenge risk assessments and due diligence ... Demonstrated experience building or managing a Third Party Risk Management program. * Strong ...

New

Arcosa LWB, LLC

Regional EHS Manager

Memphis, TN

Audit & Risk Management * Conduct comprehensive regional EHS audits and operational assessments. * Evaluate compliance with OSHA, EPA, DOT, and applicable state and local regulations. * Identify ...

Raymondjames

Surveillance Risk & Trends Manager

Memphis, TN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... Management. * Provide strategic, risk-based recommendations to senior leadership by leveraging ... Principles of banking and finance and securities industry operations. * Financial markets and ...

TEKsystems

Quality Assurance And Controls Specialist

Memphis, TN · Hybrid

$28/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Conduct audits, transaction reviews, and quality assessments to verify adherence to company standards, service expectations, and risk management requirements. * Monitor operational workflows to ...

TEKsystems

Quality Assurance And Controls Specialist

Memphis, TN · Hybrid

$28/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Conduct audits, transaction reviews, and quality assessments to verify adherence to company standards, service expectations, and risk management requirements. * Monitor operational workflows to ...

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Operational Risk Manager information

See Millington, TN salary details

$43.6K

$112K

$219.9K

How much do operational risk manager jobs pay per year?

As of Aug 20, 2026, the average yearly pay for operational risk manager in Millington, TN is $112,008.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,200.00 and $147,500.00 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 cities near Millington, TN are hiring for Operational Risk Manager jobs?

Cities near Millington, TN with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you

Risk Manager

Mid-South Transportation Management

Memphis, TN • On-site

Full-time

Re-posted 14 days ago

Job description

Job Title: Risk Manager
Department: Risk Management / Compliance
FLSA: Non-Exempt
Reports To: Chief Legal & Compliance Officer
Job Function: The Risk Manager is responsible for overseeing MATA's enterprise risk management and claims functions, including general liability, property, auto, and litigation-related exposure. This role manages the full claims lifecycle, coordinates with internal departments, legal counsel, insurers, and third-party administrators, and implements risk mitigation strategies to reduce organizational exposure while ensuring regulatory compliance.
Essential Duties and Responsibilities
  • Manage and oversee all aspects of claims administration, including general liability, auto liability, property, and litigation matters.
  • Investigate incidents, accidents, and claims involving MATA operations, including on-site investigations for serious or complex incidents.
  • Coordinate with internal departments, third-party administrators, insurers, defense counsel, and external vendors.
  • Evaluate liability exposure, establish and adjust claim reserves, and recommend settlement strategies within delegated authority.
  • Maintain comprehensive records of claims activity, payments, settlements, legal expenses, and recoveries.
  • Monitor trends in claims, incidents, and losses; develop data-driven risk mitigation and loss prevention strategies.
  • Support subrogation efforts and recovery actions against responsible third parties.
  • Participate in depositions, mediations, hearings, and trials as required.
  • Collaborate with Safety, Security, Operations, and Maintenance departments to reduce risk exposure and improve incident prevention.
  • Provide training and guidance to supervisors and employees on incident reporting, documentation, and risk awareness.
  • Prepare reports and analyses for executive leadership related to claims exposure, loss trends, and risk controls.
  • Ensure compliance with federal, state, and local regulations related to risk management and insurance.
Minimum Qualifications
  • Bachelor's degree in Risk Management, Business Administration, Finance, or a related field (preferred).
  • Minimum five (5) years of progressively responsible experience in risk management, insurance, or claims administration.
  • Strong knowledge of liability insurance, claims handling, litigation processes, and risk mitigation strategies.
  • Excellent analytical, organizational, negotiation, and communication skills.
  • Ability to work independently and manage complex, high-exposure matters.
  • Proficiency in Microsoft Office applications and claims management systems.
  • Valid driver's license and ability to respond to incident scenes as required.
Working Conditions
This position requires a combination of office-based work and on-site field response. May involve exposure to weather conditions, accident scenes, and operational environments. Physical requirements may include standing, walking, and occasional lifting.
Salary Range
Salary range is commensurate with experience and aligned with market benchmarks. Final compensation will be determined based on qualifications and organizational guidelines.
Employment Type: Full-Time Exempt

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