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

Rivian

Manager, Security Operations Center

Normal, IL · On-site

Role Summary The Manager, Security Operations Center (SOC) will own the strategy, operation, and ... Act as the operational authority for the SOC, championing the use of AI for predictive risk ...

Caterpillar

Senior Project Manager

East Peoria, IL · On-site

... transformation, operational excellence, and organizational growth. You will be accountable for ... Drive risk, dependency, and issue management across multiple workstreams and stakeholder groups

Utilitra

EHS Specialist

Bloomington, IL

$65K - $93K/yr

The EHS Specialist teaches, coaches and advises company personnel regarding company Environmental, Health, and Safety policies, procedures, and safety management systems to mitigate operational risk.

Utilitra

EHS Specialist

Bloomington, IL · On-site

$65K - $93K/yr

The EHS Specialist teaches, coaches and advises company personnel regarding company Environmental, Health, and Safety policies, procedures, and safety management systems to mitigate operational risk.

Utilitra

EHS Specialist

Bloomington, IL · On-site

$65K - $93K/yr

The EHS Specialist teaches, coaches and advises company personnel regarding company Environmental, Health, and Safety policies, procedures, and safety management systems to mitigate operational risk.

Corvel

Medical Case Manager II

Bloomington, IL · On-site

$66K - $101K/yr

Current RN Licensure in state of operation * Certification as a CCM, CIRS, or other Case Management ... CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for ...

Corvel

Medical Case Manager II

Bloomington, IL

$66K - $101K/yr

Current RN Licensure in state of operation * Certification as a CCM, CIRS, or other Case Management ... CorVel Careers | Opportunities in Risk Management In general, our opportunities will be posted for ...

Eaton

Plant Finance Manager

Lincoln, IL · On-site

$130K - $190K/yr

Risk Management: Identify financial risks within the operations and propose mitigation strategies. * Performance Tracking: Monitor key performance indicators (KPIs) and operational metrics to ...

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Operational Risk Manager information

See Normal, IL salary details

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$118K

$231.7K

How much do operational risk manager jobs pay per year?

As of Jul 21, 2026, the average yearly pay for operational risk manager in Normal, IL is $118,009.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,900.00 and $155,400.00 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.

More about Operational Risk Manager jobs
What job categories do people searching Operational Risk Manager jobs in Normal, IL look for? The top searched job categories for Operational Risk Manager jobs in Normal, IL are:
What cities near Normal, IL are hiring for Operational Risk Manager jobs? Cities near Normal, IL with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Normal, IL as of June 2026, with employment types broken down into 77% Full Time, 22% Part Time, and 1% Contract. Highlights an 88% Physical, 1% Hybrid, and 11% Remote job distribution, with an average salary of $118,009 per year, or $56.7 per hour.
Cybersecurity Operations Director

Cybersecurity Operations Director

Pearl Technology

Bloomington, IL

Full-time

Re-posted 9 days ago

Job description

The Cybersecurity Operations Director role combines a comprehensive understanding of information security with the management and coordination skills required to analyze and implement best security practices and proper risk management across the corporate landscape. 

  • Also responsible for monitoring, detecting, analyzing, mitigating, and responding to cyber threats against IT assets, networks, and information. 
  • The environment includes local area networks/wide area networks (LAN/WAN), commercial Internet connections, public facing websites, wireless, mobile/cellular, cloud, security devices, servers and workstations.
  • Take lead in performing security testing of applications, networks and infrastructures, including vulnerability assessments, penetration testing and manual testing techniques.

ESSENTIAL DUTIES AND RESPONSIBILITIES 

  • Lead and manage a 24x7x365 Security Operations Center providing technical oversight.
  • Lead staff to proactively identify, prevent and respond to security incidents.
  • Ensure incident identification, assessment, quantification, reporting, communication, mitigation and monitoring.
  • Ensure compliance to Service Level Agreements (SLA), process adherence and process improvisation to achieve operational objectives and mitigate threats.
  • Revise and develop processes to strengthen the current operational activities; review policies and recommend changes to improve governance.
  • Responsible for team management, personnel scheduling, overall use of resources and initiation of corrective action where required for Security Operations Center.
  • Perform threat management, threat modeling, identify threat vectors and develop use cases for security monitoring.
  • Creation of reports, dashboards, metrics for SOC operations and presentation to client.
  • Operate a hands-on role involving penetration testing and vulnerability assessment activities of complex applications, operating systems, wired and wireless networks, and mobile applications/devices.
  • Manage consulting engagements, with a focus on incident response and forensics. Provide both subject matter expertise and project management experience to serve as the “point person” for engagements.
  • Communicate security issues to a wide variety of internal and external “customers” to include technical teams, executives, risk groups, vendors and regulators.
  • Ensures that disaster recovery and business continuity plans are in place and tested on a regular basis.

SUPERVISORY RESPONSIBILITIES

Direct supervision of the Security Services department. Carries out supervisory responsibilities in accordance with Company policies, procedures, and applicable laws. Responsibilities include interviewing, hiring, promoting and training employees; planning, assigning, directing and approving work; appraising performance; rewarding and disciplining employees; addressing complaints and resolving problems; and recommending salary adjustments.

QUALIFICATIONS

Education and Experience:

  • Bachelor’s degree in information technology or related field and combination of experience in the following areas:
    • 10+ years in security and/or risk assessment/management related field
    • Hands on experience with testing frameworks such as the PTES and OWASP
    • Applicable knowledge of Windows client/server, Unix/Linux systems, Mac OS X, VMware/Xen, and cloud technologies such as AWS, Azure, or Google Cloud
    • In-depth knowledge of security concepts such as cyber-attacks and techniques, threat vectors, risk management, incident management etc.
  • Excellent organizational and time management skills.
  • Critical thinker and problem solver.
  • Experience in performing vendor management.
  • Detailed orientated with effective written and communication skills.

Certifications and Licenses:

  • CISSP, GIAC, CISSP, CEH, OSCP, or equivalent certifications a plus

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