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

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

Program Manager

Minooka, IL · On-site

$165K - $190K/yr

Resolve inter-branch operational conflicts and ensure consistent execution standards. * Establish ... Maintain a Program Risk Register including safety risks, margin risks, capacity constraints ...

Resolve inter-branch operational conflicts and ensure consistent execution standards. * Establish ... Maintain a Program Risk Register including safety risks, margin risks, capacity constraints ...

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 ...

... risk management * Maintain a safe and compliant work environment aligned with DOT, OSHA, and ... Resolve operational issues quickly, applying sound judgment in dynamic, variable conditions What ...

... risk management * Maintain a safe and compliant work environment aligned with DOT, OSHA, and ... Resolve operational issues quickly, applying sound judgment in dynamic, variable conditions What ...

... risk management * Maintain a safe and compliant work environment aligned with DOT, OSHA, and ... Resolve operational issues quickly, applying sound judgment in dynamic, variable conditions What ...

... risk management * Maintain a safe and compliant work environment aligned with DOT, OSHA, and ... Resolve operational issues quickly, applying sound judgment in dynamic, variable conditions What ...

The Estimating Manager is accountable for bid compliance with Brock's Legal, Risk Management, and ... and align with operations requirements • Partner with Project Controls to utilize project ...

Secure loads properly to prevent damage or operational risk * Maintain clean, organized, and hazard ... Manage multiple priorities while maintaining accuracy and safety * Apply sound judgment in dynamic ...

Secure loads properly to prevent damage or operational risk * Maintain clean, organized, and hazard ... Manage multiple priorities while maintaining accuracy and safety * Apply sound judgment in dynamic ...

Secure loads properly to prevent damage or operational risk * Maintain clean, organized, and hazard ... Manage multiple priorities while maintaining accuracy and safety * Apply sound judgment in dynamic ...

Secure loads properly to prevent damage or operational risk * Maintain clean, organized, and hazard ... Manage multiple priorities while maintaining accuracy and safety * Apply sound judgment in dynamic ...

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 ...

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Showing results 1-20

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 Jul 22, 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 is essential for effective risk oversight and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and monitors risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop strategies to mitigate these risks, ensure compliance with regulations, and often use risk management tools and data analysis to support decision-making.

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 certifications like FRM or ORM enhancing earning potential.

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 three C's of operational risk management?

The three C's of operational risk management are Culture, Controls, and Communication. These elements help organizations identify, assess, and mitigate risks effectively, which is essential for an Operational Risk Manager to ensure operational resilience and compliance. Developing strong controls and fostering a risk-aware culture are key skills in this role.

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 cities near Morris, IL are hiring for Operational Risk Manager jobs? Cities near Morris, IL with the most Operational Risk Manager job openings:
Lead Commodity Manager

Lead Commodity Manager

Entegris

Aurora, IL • On-site

Other

Medical, Dental, Vision, Retirement, PTO

Re-posted 3 days ago


Job description

Job Title:

Lead Commodity Manager

Job Description:

The Role

The Global SupplyChainteam is integral to enabling Entegris' global supply chain and business growth objectives-while meeting the requirements of some of the world's most demanding semiconductor customers.

We are seeking aCommodity Manager - Chemicals & Gasesto own strategic sourcing and supplier initiatives that support Entegris' business needs. Reporting to theManager, Direct Category Management, you will lead sourcing strategy for a global portfolio spanningchemicalsas well asbulk and cylinder gases-driving supply assurance, cost and risk optimization, supplier performance, and cross-functional alignment with product development and operations. This is alead individual contributorrole (no direct reports) that requires a procurement professional with aminimum of 5 years of experiencein strategic sourcing or commodity/category management, with demonstrated ability to lead complex, global initiatives and influence at senior levels.

You'll be successful in this role by combining strong commodity/category management fundamentals with the ability to influence technical stakeholders across Entegris and at suppliers, building high-performing partnerships that deliver cost reduction, supply continuity, and continuous improvement.

This role is basedinour Aurora, Illinois facility and ishybrid (3 days per week onsite).

What You'll Do:

  • Own and execute global sourcing strategy for chemicals,industrialbulk gases, and cylinder gases to improve supply assurance, quality, risk management, and total cost of ownership.

  • Lead supplier selection and qualification decisions using data-driven evaluation of capability, capacity, cost, and risk.

  • Executeand managelong termgas supply models (bulkgasesand cylindergases,including continuity planning, distribution/logistics considerations, and supplier operational interfaces.

  • Drive value creationinitiatives,includingcost savings, should-cost analysis, and commercial improvements.

  • Build strong relationships with supplier technical teams to understand roadmaps and align capabilities to Entegris requirements.

  • Partner with product development and manufacturing to enable new product introductions and organic growth.

  • Negotiate and manage supplier agreements (pricing, terms, and performance expectations) for critical suppliers.

  • Lead supplier performance management through business reviews, metrics, corrective actions, and continuous improvement projects.

  • Provide market and supplier intelligence (availability, financial health, technology trends) to guide sourcing recommendations.

  • Lead complex, cross-functional and multi-site initiatives with minimal guidance-setting project governance, driving decisions, and delivering on scope, schedule, and stakeholder alignment.

  • Provide functional leadership within the category by mentoring peers, sharing best practices, and driving standard work-without direct people management responsibility.

  • Ability to travel, both domestic and international, as needed to support job scope.

What We Seek:

  • Bachelor's Degree or equivalent from an accredited university

  • Minimum5years of experience in procurement, strategic sourcing, or commodity/category management(equivalent experience).

  • Experience in Category or Commodity Management;chemicals and/orindustrialgases experience preferred.

  • Semiconductor industry experiencepreferred(or other high-tech manufacturing experience).

  • Demonstrated ability to set category strategy, lead executive-ready recommendations, and influence senior stakeholders across technical, operations, quality, EHS, and finance organizations.

  • Comfort operating with ambiguity and autonomy-able to translate business objectives into category roadmaps, workplans, and measurable outcomes.

  • An astute capability to recognize the needs and motivations of individuals, and the capability to develop and nurture a wide array of internal and external relationships.

  • The capability to quickly understand complex engagements, identify creative business solutions, and drive successful interactions with outside partners.

  • A dedicated technology inclination for learning, collaborating, and continuous improvement.

  • Demonstrated negotiating skills, effective communication capabilities, and the ability to persuade suppliers to efficiently support the long term, profitable growth of Entegris.

  • Ability to manage multiple projects simultaneously while effectively prioritizing, making prompt decisions, and delivering results.

  • Strong written and verbal communication skills

Your success will be measured by:

  • A resilient chemicals and gases supply base that meets Entegris requirements for continuity, quality, and risk management across global operations.

  • Measurable value creation through cost savings, commercial improvements, and total cost of ownership optimization.

  • Effective cross-functionalalignment thatenables on-time new product introductions and production readiness.

  • Stronger supplier performance through business reviews, metrics, corrective actions, and continuous improvement execution.

  • Clear, timely sourcing recommendations grounded in market intelligence, financial analysis, and risk assessment, including long-range capacity and continuity planning.

WHY WORK AT ENTEGRIS?
Lead. Inspire. Innovate. Define Your Future.
Not everyone who works for a global company shares the same background, experiences and perspectives. We leverage the differences of our employees to bring new ideas to the table. Every employee throughout the company is encouraged to share input on projects and initiatives. Our decision-making process is truly a collaborative effort as we realize there are leaders at every level of the organization. We put our values at the core of how we operate as an organization - not just when it's convenient, but in a lasting and meaningful way. We want the time and energy you spend here to have a positive impact on your life inside and outside of the office.

WHAT WE OFFER
Our total rewards package goes above and beyond just a paycheck. Whether you're looking to build your career, improve your health, or protect your wealth, we offer generous benefits to help you achieve your goals.

  • Compensation: $115,000 - $135,000 per year range with actual pay dependent on candidate overall skills for the role

  • Annual bonus eligibility

  • Progressive paid time off policy that empowers you to take the time you need to recharge

  • Generous 401(K) plan with an impressive employer match with no delayed vesting

  • Excellent health, dental and vision insurance packages to fit your needs

  • Education assistance to support your learning journey

  • A values-driven culture with colleagues that rally around People, Accountability, Creativity and Excellence

Entegris does not provide immigration-related sponsorship for this role. Do not apply for this role if you will need Entegris immigration sponsorship (e.g., H1B, TN, STEM OPT, etc.) now or in the future.

At Entegris we are committed to providing equal opportunity to all employees and applicants. Our policy is to recruit, hire, train, and reward employees for their individual abilities, achievements, and experience without regard to race, color, religion, sexual orientation, age, national origin, disability, marital or military status.

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