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

Gotion, Inc.

Treasury Manager

Manteno, IL · On-site

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 ...

Uq

Procurement Category Manager

Campus, IL · Hybrid

$117.96K - $132.25K/yr

... manages risk and supports UQ's strategic objectives. This role sits within a professional ... Managing assigned procurement categories and providing high-level strategic and operational advice ...

Servbank, sb Inc.

Deposit Operations Supervisor

Oswego, IL · On-site

$72.10K - $84.30K/yr

... operational exceptions within assigned authority limits. Partner with Compliance, Risk, Audit ... Track team productivity, quality, and service metrics, and prepare reporting for management as ...

Servbank, sb Inc.

Deposit Operations Supervisor

Clifton, IL · On-site

$72.10K - $84.30K/yr

... operational exceptions within assigned authority limits. Partner with Compliance, Risk, Audit ... Track team productivity, quality, and service metrics, and prepare reporting for management as ...

Servbank

Deposit Operations Supervisor

Bourbonnais, IL · On-site

$72.10K - $84.30K/yr

... and operational exceptions within assigned authority limits. · Partner with Compliance, Risk ... for management as needed. · Identify opportunities to improve workflows, strengthen controls ...

Servbank

Deposit Operations Supervisor

Clifton, IL · On-site

$72.10K - $84.30K/yr

... and operational exceptions within assigned authority limits. · Partner with Compliance, Risk ... for management as needed. · Identify opportunities to improve workflows, strengthen controls ...

Servbank

Deposit Operations Supervisor

Clifton, IL · On-site

$72.10K - $84.30K/yr

... and operational exceptions within assigned authority limits. • Partner with Compliance, Risk ... for management as needed. • Identify opportunities to improve workflows, strengthen controls ...

Servbank

Deposit Operations Supervisor

Bourbonnais, IL · On-site

$72.10K - $84.30K/yr

... and operational exceptions within assigned authority limits. • Partner with Compliance, Risk ... for management as needed. • Identify opportunities to improve workflows, strengthen controls ...

Servbank

Deposit Operations Supervisor

Oswego, IL · On-site

$72.10K - $84.30K/yr

... and operational exceptions within assigned authority limits. • Partner with Compliance, Risk ... for management as needed. • Identify opportunities to improve workflows, strengthen controls ...

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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 30, 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
Program Manager (Electrical/National Account Focus)

Program Manager (Electrical/National Account Focus)

Shermco Industries, Inc.

Minooka, IL

$165K - $190K/yr

Full-time

Posted 10 days ago

Job description

The Shermco team offers the opportunity to develop and utilize a broad skill set in commercial, industrial and utility electrical service industry. Shermco is an ideal fit for smart, motivated individuals with a desire to continuously learn and solve complex problems across multiple applications. We work closely with our customers to provide unique engineering solutions not offered by traditional consulting or field-service firms. Program Managers on the Shermco teammust be confident, self-motivated individuals who can clearly and consistently communicate with both internal and external team members and customers. Strong analytical and organizational skills are a must. Prior experience in the electrical industry is not required but is preferred.
 
Shermco Industries is seeking a Program Manager
 
Location: Greater Chicago area

Project Ownership
  • Understanding P&L for client projects
  • Understand contracts requirements and scope of work
  • Protect and improve project margins through disciplined execution
  • Maintain accurate forecasting through project completion
  • Develop and maintain 12–24 month strategic account plans aligned with customer capital programs and operational priorities.
  • Maintain executive-level relationships with key stakeholders for National Accounts.
  • Facilitate annual strategic planning sessions with customers and internal leadership.
  • Align Shermco service capabilities with customer long-term infrastructure and reliability needs.
Cross Functional Program Coordination
  • Coordinate execution across all Shermco organizations, branches and service groups.
  • Lead recurring internal program coordination meetings.
  • Resolve inter-branch operational conflicts and ensure consistent execution standards.
  • Establish and maintain standardized reporting structures and communication cadence across participating branches.
Financial Management
  • Monitor estimate-to-actual performance trends.
  • Identify early indicators of margin erosion or project risk.
  • Track change order capture rates and financial performance drivers.
  • Lead quarterly financial performance reviews with executive leadership.
Contract & Scope Control
  • Interpret and manage contract requirements
  • Ensure scope clarity and enforce structured change management
  • Lead RFI development and tracking
  • Prevent unauthorized scope execution
Risk Management
  • Develop and maintain formal project risk registers
  • Maintain a Program Risk Register including safety risks, margin risks, capacity constraints, contractual risks, and reputational risks.
  • Conduct monthly program risk reviews.
  • Escalate material risks to executive leadership when appropriate
  • Proactively mitigate safety, financial, schedule, and resource risks
  • Escalate high-impact risks appropriately
  • Lead contingency and recovery planning
Operational Governance
  • Promote consistent operational standards across the program including safety compliance, estimating discipline, project controls, and documentation standards.
  • Lead program-level lessons learned reviews to improve future execution.
Customer Relationship Management
  • Serve as primary client interface
  • Maintain quarterly executive touchpoints with strategic customers.
  • Lead Executive Business Reviews (EBRs).
  • Own resolution of escalated operational or service issues.
  • Monitor customer satisfaction and service quality metrics Schedule Management
  • Lead project update meetings and executive briefings
  • Navigate conflict professionally while protecting Shermco’s interests
  • Develop opportunities for repeat business
Sales, Growth and Execution
  • Lead cross-functional teams including technicians, engineers, and subcontractors
  • Conduct structured project kickoff meetings
  • Drive execution quality and minimize rework
  • Ensure disciplined documentation and turnover standards
  • Identify opportunities to expand Shermco’s services within strategic accounts.
  • Ensure pricing alignment across regions and branches.
  • Participate in review of large proposals to ensure strategic alignment.
  • Prevent uncoordinated pricing or discounting across Shermco regions.
  • Support capture strategies for large capital projects.
Executive Reporting
  • Provide clear project performance updates to senior leadership
  • Present risk summaries, financial forecasts, and mitigation plans
  • Participate in post-project reviews and lessons learned sessions

Required (Must Have) Qualifications

  • 5-10 years of program or project management experience ideally managing a national account in multiple sites 
  • Experience in any of the following: electrical construction, NETA testing, electrical commissioning,  engineering services, industrial field services, power systems services, electrical infrastructure, and working knowledge of medium- and low voltage electrical systems or related technical field
  • Demonstrated financial literacy and ability to interpret project financials
  • Experience managing or overseeing large programs or projects exceeding $1M
  • Proven ability to coordinate multi-site or multi-branch operations
  • Strong executive communication and stakeholder management skills
  • Strong financial acumen including budgeting, forecasting, and margin management
  • Experience interpreting contracts and managing change orders
  • Proven ability to lead large field teams and multi-disciplinary resources
Desired (Nice to Have) Qualifications
  • Bachelor's Degree preferred
  • PMP certification or formal project management training
  • Background in utility, industrial, data center, or mission-critical environments
  • Experience managing enterprise-level customer relationships

EQUAL OPPORTUNITY EMPLOYER | DRUG-FREE WORKPLACE

Shermco is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, or veteran status.  Shermco is a drug-free workplace.

NO AGENCIES PLEASE


USD $165,000.00 - USD $190,000.00 /Yr.

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