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Operational Risk Manager Jobs in New Albany, IN (NOW HIRING)

Deloitte

Regulatory Reporting Manager

Louisville, KY · On-site

Drive continuous improvement initiatives to strengthen reporting quality, reduce operational risk ... Demonstrated ability to manage deadlines, review complex regulatory deliverables, and maintain high ...

Ferrari Express Inc

Deputy Domestics Manager

Louisville, KY · On-site

$65K - $70K/yr

Branch Manager Schedule: Overnight Shift | 10:00 PM - 6:00 AM | Monday - Friday (Weekends as Needed ... Lack of on-site visibility at UPS hub creates operational risk and loss exposure * Current manual ...

Indeed

Senior Insurance Analyst

Louisville, KY · On-site

In this role, you will drive operational excellence across our risk management functions--optimizing property and casualty programs, streamlining contractual risk reviews, and managing end-to-end ...

AIG

Operational Account Manager

Jeffersonville, IN · On-site

At AIG, we are reimagining the way we help customers to manage risk. Join us as an HVAC Operational Account Manager to play your part in that transformation. It's an opportunity to grow your skills ...

Deloitte

Manager - ServiceNow

Louisville, KY · On-site +1

Standing up delivery governance and operating rhythms; driving backlog, sprint, and release planning across Integrated Risk Management, Security Operations, Information Technology Operations ...

BrightView

Operations Manager

Louisville, KY · On-site

Analyze operational processes and workflows, identify inefficiencies, and implement changes to ... Safety, Compliance and Risk Management: Ensure operations comply with industry regulations, enforce ...

Spinoso Real Estate Gro

Operations Mgr

Louisville, KY · On-site

Working with the GM, oversee all Emergency Planning, OSHA, and Risk Management programs to identify ... operations staff or service providers * Knowledge and ability to use common software programs ...

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Operational Risk Manager information

See New Albany, IN salary details

$43.5K

$111.7K

$219.3K

How much do operational risk manager jobs pay per year?

As of Aug 9, 2026, the average yearly pay for operational risk manager in New Albany, IN is $111,691.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,000.00 and $147,100.00 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 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.

More about Operational Risk Manager jobs
What cities near New Albany, IN are hiring for Operational Risk Manager jobs? Cities near New Albany, IN with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you

Vice President of Risk Management

Churchill Downs Incorporated

Louisville, KY • Remote

Full-time

Re-posted 24 days ago

Job description

ABOUT CHURCHILL DOWNS INCORPORATED 

Churchill Downs Incorporated ("CDI") (Nasdaq: CHDN) has been creating extraordinary entertainment experiences for more than 150 years, beginning with one of the most iconic and enduring events in sports and entertainment-the Kentucky Derby. Headquartered in Louisville, Kentucky, CDI blends a rich legacy with a forward-looking approach to growth. Through the acquisition, development, and operation of live and historical racing entertainment venues, the expansion of online wagering services and other technology businesses, and the ownership and operation of regional casino gaming properties, CDI offers diverse career opportunities across the country. Our success is driven by dedicated team members who are passionate about delivering exceptional experiences, embracing innovation, and helping shape the future of entertainment.

JOB SUMMARY

A Vice President of Risk Management is a senior leader responsible for protecting the organization's assets, operations, and people through comprehensive risk and insurance strategies. This role oversees commercial insurance placement, captive insurance programs, and surety bonds, while leading claims management activities including negotiations, litigated claims oversight, and participation in mediations. The VP monitors liability exposure through actuarial reserve reviews, claims analysis, and regular reporting to stakeholders, supports contract reviews by advising on insurance provisions in partnership with legal, and leads incident response efforts for major events, including directing investigation teams. Additionally, this role supervises claims leadership, ensures priorities are aligned and work is executed effectively, and contributes to the Enterprise Risk Management program to support organizational objectives.

ESSENTIAL DUTIES AND RESPONSIBILITIES
  • Place coverages for all commercial lines to ensure assets and team members are properly insured.
  • Lead claims negotiations and discussions with insurance carrier, legal, and property representatives.
  • Support review of company contracts to provide feedback on insurance provisions in conjunction with corporate legal department.
  • Review quarterly actuarial reserve analysis.
  • Monitor litigated liability claims and provide updates to key stakeholders.
  • Participate in mediations.
  • Lead the Guest Incident Investigation Team at the Kentucky Oaks and Derby.
  • Obtain surety bonds.
  • Answer ad-hoc inquiries regarding coverage, best practices, and reserve changes.
  • Prepare meaningful claims data (cause of loss reports, claim summaries, loss rate analysis, etc.) for quarterly meetings with each property.
  • Oversee captive insurance company.
  • Supervise Director or Claims to ensure all work is properly prioritized and completed.
  • Serve on the Enterprise Risk Management team.
REQUIREMENTS
  • Bachelor's degree required; advanced degree preferred.
  • 10-15 years of relevant risk management experience preferred.
  • Excellent analytical, problem solving, and strategic thinking skills.
  • Ability to analyze, interpret, and summarize data.
  • Excellent financial acumen and understanding of risk management practices.
  • Significant experience with commercial insurance policies.
  • Experience working with a captive insurance company preferred.
  • Detail oriented, professional demeanor, strong organization and project management skills.
  • Strong interpersonal skills, including the ability to interact effectively with senior / executive management.
  • Excellent verbal and written communication / presentation skills.
  • Strong work ethic and ability to cultivate working relationships throughout the organization.
  • Proficient with Microsoft suite products (Excel, PowerPoint, etc.).

CHURCHILL DOWNS INCORPORATED

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or disability.

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