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

Servbank

Loan Operations Specialist

Oswego, IL · On-site

$20 - $23.50/hr

... operational risk, and delivering high-quality service to internal partners and customers. Key ... Ability to manage multiple priorities in a fast-paced environment * Proficiency in Microsoft Office ...

Servbank

Loan Operations Specialist

Bourbonnais, IL · On-site

$20 - $23.50/hr

... operational risk, and delivering high-quality service to internal partners and customers. Key ... Ability to manage multiple priorities in a fast-paced environment * Proficiency in Microsoft Office ...

Servbank

Loan Operations Specialist

Clifton, IL · On-site

$20 - $23.50/hr

... operational risk, and delivering high-quality service to internal partners and customers. Key ... Ability to manage multiple priorities in a fast-paced environment * Proficiency in Microsoft Office ...

Servbank

Deposit Operations Specialist

Oswego, IL · On-site

$23 - $26.90/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 ...

New

Servbank

Loan Operations Specialist

Oswego, IL · On-site

$20 - $23.50/hr

... operational risk, and delivering high-quality service to internal partners and customers. Key ... Ability to manage multiple priorities in a fast-paced environment * Proficiency in Microsoft Office ...

Quantix SCS LLC

Region EHS&S Manager

Morris, IL · On-site

$80.50K - $109.10K/yr

The EHSS Manager partners with operations, terminal, and distribution center leadership to proactively identify risks, improve driver and employee performance, and reduce at-risk behaviors. This role ...

Quantix Supply Chain Solutions

Region EHS&S Manager

Morris, IL · On-site

$80.50K - $109.10K/yr

The EHSS Manager partners with operations, terminal, and distribution center leadership to proactively identify risks, improve driver and employee performance, and reduce at-risk behaviors. This role ...

Entegris

Lead Commodity Manager

Aurora, IL · On-site

... risk management across global operations. * Measurable value creation through cost savings ... commercial improvements, and total cost of ownership optimization. * Effective cross-functional ...

Entegris

Lead Commodity Manager

Aurora, IL

... risk management across global operations. * Measurable value creation through cost savings ... commercial improvements, and total cost of ownership optimization. * Effective cross ...

Entegris

Lead Commodity Manager

Aurora, IL

... risk management across global operations. * Measurable value creation through cost savings ... commercial improvements, and total cost of ownership optimization. * Effective cross ...

Gotion, Inc.

Treasury Manager

Manteno, IL

The Treasury Manager will oversee Gotion's treasury operations, ensuring financial stability, optimizing liquidity, and managing risk. This role will play a critical part in project financing ...

Gotion, Inc.

EHS Manager

Manteno, IL

$82.40K - $111.70K/yr

... risk, fostering a proactive safety culture, and supporting operational excellence in a fast-paced ... The EHS Manager will serve as a strategic business partner to plant leadership, driving continuous ...

Hyundai Translead

Director, Maintenance (IL)

Joliet, IL

$112.45K - $135.07K/yr

... uptime, reduce operational risk, and support production objectives through preventive and ... Lead, coach, and develop maintenance managers, engineers, and technicians * Develop and implement ...

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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 May 29, 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 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 Morris, IL are hiring for Operational Risk Manager jobs? Cities near Morris, IL with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you

Loan Operations Specialist

Servbank

Oswego, IL • On-site

$20 - $23.50/hr

Full-time

Posted 18 days ago

Job description

Job Type
Full-time
Description
The Loan Operations Specialist supports the operational processing and system maintenance of consumer and commercial loans after closing. This role is responsible for accurate loan boarding, ongoing core system maintenance, and operational controls related to the bank's loan portfolio. This role is critical in maintaining data integrity, compliance with banking regulations, minimizing operational risk, and delivering high-quality service to internal partners and customers.
Key Responsibilities
  • Book new loans, renewals, modifications, and extensions into the core system based on approved and executed transactions
  • Perform general maintenance updates on core system loan records and resolve exceptions or issues in a timely manner
  • Ensure loan data integrity by validating system inputs and reconciling discrepancies
  • Support operational compliance by adhering to internal policies, procedures, and regulatory requirements
  • Review and monitor loan-related reports
  • Reconcile designated loan related GLs
  • Process payment corrections, fees, and other loan-related transactions
  • Accurately process participation loan payments and advances
  • Coordinate with the bank's sales team and other operational departments to ensure loans are accurately accounted for and customer expectations are met
  • Support internal and external audits, including regulatory examinations
  • Participate in system testing, conversions, and loan operations projects

Requirements
  • High-school diploma required; associate or bachelor's degree in finance, Business, Accounting, or related field preferred.
  • 1-4+ years of prior loan operations or banking experience are preferred
  • Experience with core banking and loan systems including Fiserv Premier and Fiserv DNA
  • Working knowledge of loan products from an operational and servicing perspective
  • Working knowledge of banking regulations and compliance requirements

Required Skills
  • Strong attention to detail and commitment to data accuracy
  • Strong analytical, problem-solving, and decision-making skills
  • Excellent written and verbal communication abilities
  • Strong organizational skills
  • Ability to manage multiple priorities in a fast-paced environment
  • Proficiency in Microsoft Office (Excel, Word, Outlook)
  • Ability to work independently while collaborating effectively with cross functional partners

EEO Statement:
We're an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
Salary Description
$20 - $23.50 per hour

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