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Operational Risk Manager Jobs in Olathe, KS (NOW HIRING)

Manager-IT Operations

Lenexa, KS · On-site

$134K - $188K/yr

Standardizes configurations and build practices; drives automation and documentation to reduce operational risk. * Responsible for vendor and contract management for operations (e.g., MSPs, carriers ...

Partner closely with Technology, Operations, Risk, Compliance, and Sales Enablement to deliver ... Anticipate and manage product, operational, and regulatory risk inherent in onboarding automation

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Operational Risk Manager information

See Olathe, KS salary details

$45.5K

$116.9K

$229.5K

How much do operational risk manager jobs pay per year?

As of Jun 13, 2026, the average yearly pay for operational risk manager in Olathe, KS is $116,867.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,200.00 and $153,900.00 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 helps ensure organizational resilience and compliance.

What does an operational risk manager do?

An operational risk manager identifies, assesses, and mitigates risks that could disrupt a company's operations, such as process failures, fraud, or system outages. They develop risk management frameworks, monitor key risk indicators, and ensure compliance with regulations to protect the organization’s assets and reputation.

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 benefits. Certifications like FRM or ORM can enhance earning potential in this field.

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.

What are the 5 steps of orm?

In operational risk management (ORM), the five key steps are: identifying risks, assessing their likelihood and impact, implementing controls to mitigate risks, monitoring the effectiveness of these controls, and reviewing and improving the risk management process regularly. These steps help operational risk managers proactively manage potential threats to an organization’s operations.
What are the most commonly searched types of Operational Risk jobs in Olathe, KS? The most popular types of Operational Risk jobs in Olathe, KS are:
What job categories do people searching Operational Risk Manager jobs in Olathe, KS look for? The top searched job categories for Operational Risk Manager jobs in Olathe, KS are:
What cities near Olathe, KS are hiring for Operational Risk Manager jobs? Cities near Olathe, KS with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Olathe, KS as of June 2026, with employment types broken down into 87% Full Time, 11% Part Time, 1% Temporary, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $116,867 per year, or $56.2 per hour.
Director - Enterprise Risk Management

Director - Enterprise Risk Management

CommunityAmerica Credit Union

Lenexa, KS

Full-time

Posted 10 days ago


CommunityAmerica Credit Union rating

8.5

Company rating: 8.5 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

Summary

The Director of Enterprise Risk Management ("ERM") is responsible for developing, implementing, and overseeing the credit union's enterprise-wide risk management program across a complex, nationwide financial institution with $9 billion in assets. This position involves managing and mitigating risk across all organizational departments and channels. This role provides strategic and operational leadership of enterprise risk functions, including physical security, vendor and third-party risk management, business continuity and disaster recovery, emergency preparedness, operational risk assessments, risk scoring methodologies, and enterprise tabletop exercises.

The Director of ERM partners closely with executive leadership, business units and regulators to identify, assess, mitigate, and monitor risks that could impact the organization's operations, reputation, members, employees, or strategic objectives.

This position requires a proactive leader who can build scalable enterprise risk management frameworks while supporting innovation, growth, and operational resilience across a geographically dispersed organization.

Duties & Responsibilities

Enterprise Risk Management

  • Lead and administer the credit union's enterprise risk management framework, including risk identification, assessment, mitigation, monitoring, continual improvement, and reporting activities.
  • Develop and maintain enterprise risk methodologies, risk scoring models, risk appetite metrics, and key risk indicators (KRIs).
  • Coordinate enterprise-wide risk assessments, ensure risks are appropriately documented, tracked, and monitor risk metrics to ensure timely escalation and containment of concerns.
  • Monitor and assess the impact of enterprise risks, ensuring effective risk identification, prioritization, and mitigation strategies are in place across all organizational functions, creating a unified approach to risk management throughout the credit union.
  • Oversee swift triage, containment, and resolution efforts across cross-functional teams.
  • Lead root-cause investigations and lessons learned when incidents occur.
  • Manage remediation, recommend and validate risk reduction actions and monitor for effectiveness.
  • Provide strategic guidance and data-backed reports, dashboards, and presentations for executive leadership ensuring they are informed of the emerging risks, risk mitigation strategies, and the overall risk landscape.
  • Assess risks associated with strategic objectives and key initiatives, ensuring informed decision-making by integrating risk analysis into planning processes and confirming that all credit union initiatives are supported by thorough, data-driven risk assessments.
  • Stay ahead of emerging risk trends, evaluate new technologies, and ensure that enterprise risk management frameworks remain agile to address evolving threats, safeguarding the credit union's reputation, and financial stability.
  • Support executive leadership in defining and refining the credit union's risk appetite and tolerance, ensuring that risk management practices align with the credit union's mission, vision, and business objectives.
  • Promote a strong culture of risk awareness and accountability throughout the organization by collaborating with department heads across the organization to integrate risk management practices into operational processes, ensuring consistency, accuracy, and compliance throughout the credit union's operations.

Business Continuity, Disaster Recovery & Emergency Management

  • Oversee the credit union's business continuity, disaster recovery, and emergency preparedness programs.
  • Lead and maintain the enterprise Business Impact Analysis (BIA) program to identify critical processes, recovery time objectives, recovery point objectives, and resource dependencies.
  • Ensure disaster recovery and business continuity plans are maintained, tested, and updated regularly.
  • Coordinate and facilitate enterprise-wide tabletop exercises, incident simulations, and continuity testing.
  • Lead response coordination during operational disruptions, emergencies, or crisis events.
  • Assess and monitor third-party and vendor business continuity capabilities to ensure resilience across critical external dependencies.
  • Partner with Information Security, Facilities, Operations, and executive leadership to strengthen organizational resilience.
  • Establish and track recovery priorities and service restoration timelines to minimize operational and member impact during disruptions.
  • Provide reporting and insights to executive leadership on continuity risks, testing results, gaps, and remediation progress.

Vendor & Third-Party Risk Management

  • Direct the third-party/vendor risk management program, including risk assessments, due diligence, contract review coordination, ongoing monitoring, and issue remediation.
  • Assess and validate vendors' information security, business continuity, and disaster recovery capabilities to ensure resilience of outsourced services.
  • Establish and maintain a risk-tiering framework to classify vendors based on criticality, inherent risk, and impact to operations and member services.
  • Ensure vendor oversight activities align with applicable regulatory guidance, company policies, and industry best practices.
  • Track, escalate, and report third-party risks, control gaps, and remediation efforts to executive leadership and governance committees.
  • Collaborate with Legal, Procurement, Compliance, Information Security, and business owners regarding vendor governance and risk mitigation.
  • Monitor critical vendors and concentration risks affecting business operations.
  • Drive continuous improvement of the vendor risk management program by incorporating regulatory updates, industry best practices, and lessons learned.

Physical Security

  • Provide strategic oversight of the enterprise physical security program, including policies, standards, and risk governance for all locations nationwide.
  • Lead and develop physical security leadership and staff, ensuring appropriate staffing models, capabilities, and performance aligned with organizational risk tolerance and regulatory expectations.
  • Oversee the effectiveness of physical security controls, including access management, surveillance, alarm systems, and incident response programs, ensuring risks are identified, prioritized, and addressed.
  • Oversee access governance, including role-based access, periodic reviews, and segregation of duties, to ensure appropriate controls over physical entry points.
  • Ensure compliance with applicable regulatory requirements and industry standards related to physical security, workplace safety, and facility protection.
  • Monitor and analyze physical security incidents, trends, and threat intelligence to proactively address emerging risks and enhance defensive strategies.
  • Coordinate with third-party security vendors and service providers to ensure consistent service delivery, performance standards, and risk management across all locations.
  • Partner with Facilities, Operations, Human Resources, and executive leadership to support employee and member safety, workplace security, and incident preparedness across the organization.
  • Establish and maintain crisis management and workplace safety frameworks, including escalation protocols, response playbooks, and postincident review processes to promote continuous improvement.

Governance & Regulatory Coordination

  • Support regulatory examinations, audits, and independent reviews related to enterprise risk functions.
  • Maintain awareness of evolving regulatory expectations impacting enterprise risk management and operational resilience.
  • Assist in developing policies, procedures, and governance standards related to risk management functions.
  • Coordinate with organizational departments to ensure alignment across risk disciplines.

Leadership & Strategic Planning

  • Lead, mentor, and develop risk management personnel and cross-functional teams.
  • Build scalable risk management processes suitable for a growing and increasingly complex financial institution.
  • Participate in strategic initiatives, mergers, acquisitions, and organizational projects from a risk management perspective.
  • Serve as a trusted advisor to executive leadership regarding operational and strategic risk matters.
  • Performs other duties as assigned.
Requirements

Required Knowledge, Skills & Abilities:

  • Strong understanding of enterprise risk management frameworks and operational resilience principles.
  • Ability to balance risk mitigation with strategic and operational objectives.
  • Excellent leadership, analytical, communication, presentation, project management, and organizational skills.
  • Ability to influence and drive accountability across business units without direct authority.
  • Strong business acumen with the ability to translate complex risk concepts into actionable insights for executive leadership.
  • Strong knowledge of NCUA regulations, FFIEC expectations, and financial institution risk management practices.
  • Proficiency in developing and leveraging metrics, dashboard, and reporting to support risk-informed decision-making.
  • Strong problem-solving and decision-making capabilities under pressure.
  • Ability to manage multiple complex initiatives simultaneously.
  • High level of professionalism, discretion, and judgment.
  • Strategic thinker with operational discipline.
  • Collaborative and solutions-oriented leadership style.
  • Ability to thrive in a fast-paced, evolving regulatory and operational environment.
  • Professional presence with the ability to communicate effectively with stakeholders, with regulators and executive leadership and collaborate effectively across all organizational levels.
Employment Type: FULL_TIME