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

U.S. Navy

Bomb Technician

Heyworth, IL

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

U.S. Navy

Bomb Technician

Lincoln, IL

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

US Navy

Bomb Technician (EOD)

Saybrook, IL

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

U.S. Navy

Bomb Technician

Morton, IL

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

US Navy

Bomb Technician (EOD)

Lincoln, IL

... risk management; regular integration with Special Operations, fleet units, and interagency partners; intense physical and mental demands with a culture that values precision, calm decision making ...

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All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Normal, IL

Operational Risk Manager information

See Normal, IL salary details

$46K

$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.
Loan Operations Specialist

Loan Operations Specialist

ProPartners Financial

Normal, IL • On-site, Remote

$47K - $66K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 21 days ago

Job description

Helping cultivate your growth.

ProPartners Financial is the largest provider of credit programs for the direct sellers of crop inputs and seed in the nation with locations in St. Paul, MN and Normal, IL. Join us and be part of one of the most important and vital parts of the economy. We are proud to offer career opportunities for team members with varying backgrounds, experiences and interests.

How we support you:

  • Up to 9% towards 401k (3% fixed ProPartners contribution plus up to 6% match)
  • Benefits: medical, dental, vision, HSA/FSA, life & AD&D insurance, short-term and long-term disability, wellness program & EAP
  • Vacation, sick leave, holidays/floating holidays, parental leave, and volunteer paid time off
  • Learning and development programs and more!

Casual/seasonal & intern team members are not eligible for benefits except for state-mandated programs.

Where you will work:
This position offers a hybrid work option 50% remote and is open to either our ProPartners Financial office Normal, IL or St. Paul, MN.

The contributions you will make:

This position is responsible for supporting the operational execution and administration of ProPartners Financial's input financing programs. Processes loan originations, renewals, and servicing transactions while ensuring program requirements are executed in accordance with established procedures. Collaborates closely with internal team and serves as an operational resource for dealers and program participants by providing guidance on transaction processes, documentation requirements, and system workflows to ensure financing programs are administered in accordance with procedures. Supports both dealer-facilitated financing programs and direct-to-grower lending models while maintaining strong operational discipline, data accuracy, and process consistency.

A typical day:

Loan Operations & Transaction Execution

  • Process loan originations, renewals, servicing transactions, and funding activities while ensuring accuracy, compliance, and timely completion.
  • Review, verify, and maintain loan documentation and customer records to support financing programs and meet operational and program requirements.
  • Coordinate loan servicing activities, monitor operational workflows, and manage incoming documentation to ensure an efficient and seamless customer experience.

Dealer Operational Guidance and Program Execution

  • Serve as a trusted operational resource for dealers and program participants by providing guidance on loan processing, documentation, and servicing requirements.
  • Build strong relationships with dealers by resolving operational questions, clarifying processes, and promoting consistent use of systems and workflows.
  • Identify process improvement opportunities and collaborate with internal teams to enhance operational efficiency and the overall dealer experience.

Credit Review and Analysis

  • Review credit applications, scoring, and program requirements to support accurate loan decisions and ensure compliance with lending guidelines.
  • Evaluate credit information, explain lending outcomes, and recommend exceptions when appropriate.
  • Support portfolio risk management by assisting with delinquency monitoring and other credit-related operational activities.

Continuous Improvement and Process Support

  • Contribute to process improvement initiatives by supporting operational enhancements, system updates, and workflow efficiencies.
  • Participate in projects and system testing that strengthen technology solutions and improve the delivery of loan operations.
  • Provide operational support across multiple functions, including shared service activities during peak business periods, to ensure timely and effective service.

The skills and experience we prefer you have:

  • Associate's degree in business, finance, agriculture, or a related field, or an equivalent combination of education and experience.
  • Two or more years of experience in financial services, loan processing, lending support, or a related operations role.
  • Experience with loan processing, financial transactions, documentation review, or servicing workflows preferred.
  • Strong attention to detail with the ability to manage multiple priorities in a fast paced, team oriented environment.
  • Excellent communication, problem solving, and organizational skills with the ability to collaborate across teams.
  • Proficiency with Microsoft Office and the ability to quickly learn new systems and operational processes.

How we will take care of you:

Our job titles may span more than one career level (associate, senior, principal, etc.). The actual title and base pay offered is dependent upon many factors, such as: training, transferable skills, work experience, business needs and market demands. The base pay range is subject to change and may be modified in the future. This role is eligible for variable compensation and other benefits.

Base Pay
$47,100—$66,600 USD

ProPartners Financial is an equal opportunity employer and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability status, protected veteran status, or any other characteristic protected by law.

Must be authorized to work for any employer in the US. Compeer is unable to sponsor or take over sponsorship of an employment visa at this time.

Click here to view federal employment laws applicable for applicants.