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

... risk, compliance, treasury management, retail operations, and customer support, to resolve issues and improve processes. · Assist with report monitoring, daily reconciliations, and control reviews ...

Deposit Operations Specialist

Clifton, IL · On-site

$18.50 - $23.47/hr

... risk, compliance, treasury management, retail operations, and customer support, to resolve issues and improve processes. • Assist with report monitoring, daily reconciliations, and control reviews ...

... risk, compliance, treasury management, retail operations, and customer support, to resolve issues and improve processes. • Assist with report monitoring, daily reconciliations, and control reviews ...

Deposit Operations Specialist

Oswego, IL · On-site

$18.50 - $23.47/hr

... risk, compliance, treasury management, retail operations, and customer support, to resolve issues and improve processes. · Assist with report monitoring, daily reconciliations, and control reviews ...

Deposit Operations Specialist

Clifton, IL · On-site

$18.50 - $23.47/hr

... risk, compliance, treasury management, retail operations, and customer support, to resolve issues and improve processes. · Assist with report monitoring, daily reconciliations, and control reviews ...

Deposit Operations Specialist

Oswego, IL · On-site

$18.50 - $23.47/hr

... risk, compliance, treasury management, retail operations, and customer support, to resolve issues and improve processes. • Assist with report monitoring, daily reconciliations, and control reviews ...

Deposit Operations Specialist

Oswego, IL · On-site

$18.50 - $23.47/hr

... risk, compliance, treasury management, retail operations, and customer support, to resolve issues and improve processes. · Assist with report monitoring, daily reconciliations, and control reviews ...

Senior Procurement Manager

Romeoville, IL · On-site +1

$140 - $150K/hr

Support dual sourcing and supply continuity initiatives to minimize operational risk. Supplier Management: * Manage strategic supplier relationships and performance metrics related to quality ...

Be Seen First

... risk management, and operational discipline Build and maintain relationships with local stakeholders, regulators, and emergency services Qualifications: Degree in Engineering (Chemical or Mechanical ...

Be Seen First

... risk management, and operational discipline Build and maintain relationships with local stakeholders, regulators, and emergency services Qualifications: Degree in Engineering (Chemical or Mechanical ...

Be Seen First

... risk management, and operational discipline Build and maintain relationships with local stakeholders, regulators, and emergency services Qualifications: Degree in Engineering (Chemical or Mechanical ...

Be Seen First

... risk management, and operational discipline Build and maintain relationships with local stakeholders, regulators, and emergency services Qualifications: Degree in Engineering (Chemical or Mechanical ...

Be Seen First

... risk management, and operational discipline Build and maintain relationships with local stakeholders, regulators, and emergency services Qualifications: Degree in Engineering (Chemical or Mechanical ...

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Operational Risk Manager information

See Morris, IL salary details

$45.6K

$117.1K

$229.9K

How much do operational risk manager jobs pay per year?

As of Jun 27, 2026, the average yearly pay for operational risk manager in Morris, IL is $117,071.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,300.00 and $154,200.00 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 helps ensure organizational resilience and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and mitigates risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop risk management frameworks, monitor key risk indicators, and ensure compliance with regulations to protect the organization’s assets and reputation.

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 benefits. Certifications like FRM or ORM can enhance earning potential in this field.

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 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 are the 5 steps of orm?

In operational risk management (ORM), the five key steps are: identifying risks, assessing their likelihood and impact, implementing controls to mitigate risks, monitoring the effectiveness of these controls, and reviewing and improving the risk management process regularly. These steps help operational risk managers proactively manage potential threats to an organization’s operations.
What cities near Morris, IL are hiring for Operational Risk Manager jobs? Cities near Morris, IL with the most Operational Risk Manager job openings:

$82K - $112K/yr

Other

Posted 3 days ago


Job description

Job Description

TITLE: Environmental Safety & Risk Manager  POSITION SUMMARY: Enhance staff and student performance throughout the district by promoting and maintaining an optimal learning environment through the management of indoor air and other environmental elements. Acts as Risk Manager for the District by managing all insurance and safety issues that may expose the district to litigation or insurance claims, including but not limited to identifying, evaluating, controlling and minimizing the District's exposure to loss or damage to physical assets, employee injury, and losses arising out of liability claims.  Manages special projects as assigned by the Director of Buildings & Grounds. DEPARTMENT: Buildings and Grounds REPORTS TO: Director of Buildings and Grounds FLSA STATUS:   QUALIFICATIONS:
  • Bachelor's degree or equivalent work experience
  • 3-5 years of working experience in an environmental health science, industrial hygiene field, or school district Buildings & Grounds department
  • Certification or the ability to achieve certification in OSHA Environmental Safety
  • Certification or the ability to achieve certification as an Asbestos Designated Person
  • Demonstrate excellent communication skills, dependability, and willingness and ability to take direction and work in teams
  • Proficient in computer work, including spreadsheet analysis and electronic record keeping
  • Ability to maintain highly confidential information
ESSENTIAL FUNCTIONS:
  • Conduct bi-annual Indoor Air Quality surveys all district facilities and coordinate any remedies that are needed
  • Identify HVAC units that are not running at peak efficiency and pursue corrective action.
  • Investigate and oversee correction of all indoor air quality, health and safety complaints
  • Coordinate and maintain records for all aspects of the District's asbestos management plan, including but not limited to 6 month review and 3 year reinspection
  • Contribute to special project/renovation work by testing building materials for asbestos or other hazardous material abatement action
  • Oversee the testing of radon, lead and other environmental elements, when prescribed by law, and the mitigation of the same, when detected at levels above that which is required for action
  • Conduct tours with the Fire Department, Regional Office of Education, insurance carriers, architects and any other entities that need to inspect District facilities and be the District point person for coordinating corrective actions that result from those inspections
  • Maintain oversight and disposal of hazardous chemicals, waste science specimens, pharmaceutical waste and medical waste (sharps containers) and resupply of waste containers
  • Oversight of equipment procurement of AED (defibrillators) and monthly equipment inspections
  • Maintain and revise District building maps
  • Oversee the production of building access fobs
  • Conducts training sessions for staff on a variety of health and safety issues
  • Coordinate and implement training and maintain records for all Buildings & Grounds safety training required by our liability insurance company
  • Coordinate all required inspections and safety checks and maintain all documentation related to District physical facilities
  • Review all Buildings & Grounds staff work related injuries and implement corrections to physical building assets, processes, and training that need to be put in place to prevent future injuries
  • Literature review and research on IAQ and other safety and health related issues
  • Manage special projects as assigned by the Director of Buildings & Grounds
  • Other Duties as Assigned

Supervisory Responsibilities

  • In the course of investigation, coordinate the activities of the custodial and/or maintenance personnel to make sure tasks are completed correctly
  • Project specific oversight of staff to ensure proper completion

Decision-Making Responsibility

  • Makes day-to-day operational decisions, specific to listed duties
  • Can also make recommendations that would impact the entire District. Decision making authority while managing large projects that have District wide impact (ie replacement of a mechanical system, removal of asbestos floors across the district, removal of molds)
WORK CONDITIONS: The usual and customary methods of performing the job's functions required the following physical demands; significant lifting, carrying, pushing, and/or pulling; some climbing and balancing; some stooping, kneeling, crouching, and/or crawling; and significant fine finger dexterity. Generally the job requires 40% sitting, 35% walking, 10% standing and 5% stooping/bending. This job is performed in a generally clean and healthy environment. Some assignments may require exposure to chemicals, specific materials, foods, etc.  The job is performed under minor temperature variations. Ability to lift up to 50 pounds on occasion required. The Environmental Safety & Risk Manager may be required to provide their own transportation between locations.In emergency situations weekends/nights work would be required.  TERMS OF EMPLOYMENT:

12 month: Non-Union Position

Position is eligible for IMRF and Benefits participation

Salary and benefits determined by Board of Education

Starting salary: $93,000 annually or higher commensurate with equivalent work experience