ZipRecruiter

Log In

1

Operational Risk Manager Jobs in Painesville, OH

next page

Showing results 1-20

All JobsOperational Risk JobsOperational Risk Manager JobsOperational Risk Manager Jobs in Painesville, OH

Operational Risk Manager information

See Painesville, OH salary details

$41K

$105.2K

$206.6K

How much do operational risk manager jobs pay per year?

As of Sep 9, 2026, the average yearly pay for operational risk manager in Painesville, OH is $105,237.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,100.00 and $138,600.00 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 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 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 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 Painesville, OH look for?

The top searched job categories for Operational Risk Manager jobs in Painesville, OH are:

What cities near Painesville, OH are hiring for Operational Risk Manager jobs?

Cities near Painesville, OH with the most Operational Risk Manager job openings:

Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Painesville, OH as of August 2026, with employment types broken down into 82% Full Time, 14% Part Time, 2% Temporary, and 2% Contract. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $105,237 per year, or $50.6 per hour.

Manager, Commercial Card and Merchant Risk

Cleveland, OH • On-site

Keybank
Banking and Credit Intermediation • 10K+ employees
Learn more about Keybankexternal

$96K - $181K/yr

Full-time

Posted 27 days ago

KeyBank rating

8.2

Company rating: 8.2 out of 10

Based on 99 frontline employees who took The Breakroom Quiz

54th of 176 rated banks

Job description

Location:

127 Public Square, Cleveland Ohio
Location: Cleveland, OH or Buffalo NY; Cleveland OH, preferred.

  • Hybrid Requirement (if within specific cities): Selected candidate resides in Key Bank footprint are expected to work on-site 3 days per week at the nearest KeyBank office (non-branch location).

  • Remote Option: If the selected candidate lives outside of KeyBank's geographic footprint, the position will be considered fully remote.

  • Open to those residing in the United States.

  • Working within East coast hours required

JOB BRIEF (PURPOSE)

The Product Risk team within Commercial Bank is responsible for the governance and tactile execution of owning and managing risk, optimizing risk and return, and enabling sound growth with speed for the business. As part of this team, the Manager - Commercial Card and Merchant Risk has responsibility for assessing risk implications of new initiatives and enhancements to existing products, continuous improvement of the risk and control environment and maintaining oversight and reporting as required across Key's Commercial Card, AP automation and Merchant Services products. This also includes understanding regulatory impacts, industry perspective and Key's own risk policies. The role requires an individual who demonstrates the ability to influence others, build meaningful relationships across the organization, act with a sense of urgency, and has solid communication skills.

ESSENTIAL JOB FUNCTIONS

  • Partner with Product across Merchant Services and Card Issuing/AP Automation to assess the inherent risk of product changes, both for new development and enhancements to existing products and services and to develop an appropriate control environment to manage the business within Key's risk appetite
  • Collaborate with line of business partners to identify opportunities or areas requiring enhancements to Key's risk and control environment to proactively address regulatory or environmental changes
  • Partner with 2nd line of defense risk management to maintain risk requirements in bank-wide policies and procedures
  • Partner with 1st line Product Management and Business development to assess the risk impacts of new initiatives and appropriate controls and procedures to mitigate
  • Develop awareness and understanding of risk framework throughout Commercial Bank
  • Establish reporting leveraging internal data, benchmarks, and industry/regulatory guidance
  • Maintain and understanding of regulations, regulatory guidance and network rules impacting supported products, including changes and trends in regulatory policies
  • Create presentations and present as required
  • Provide assistance and support to internal partners around risk related issues
  • Use a continuous improvement mindset to improve risk identification, mitigation, and process efficacy

REQUIRED QUALIFICATIONS

Education

  • Bachelor's degree required

Work Experience

  • Minimum 5 years industry experience in Payments or similar industry
  • Minimum 5 years Risk Management, within merchant services/merchant acquiring highly preferred
  • Demonstrate an understanding of risk management best practice related to compliance, AML, credit, and operational risk within payments
  • Issuing or Acquiring side experience with card networks and familiarity with card network rules (Preferred)
  • Experience overseeing Fintech/SaaS vendor relationships (Preferred)

Skills

  • Excellent written and oral communication, interpersonal, and organizational skills
  • Proven ability to build strong collaborative relationship with internal partners throughout the organization including business development teams, operations, compliance, and all other areas of risk
  • Embrace a client-focused
  • Have desire to work in a team environment and willingness to backup team members as needed
  • Be self-motivated and results-oriented, with a positive mind-set work ethic
  • Be able to function effectively under pressure
  • Proficiency with Microsoft Office software, including PowerPoint, Excel (pivot Tables, Etc.) and Tableau

CERTIFICATIONS

  • Certified Anti-Money Laundering Specialist Certification (CAMS) (Preferred)
  • Accredited ACH Professional Certification (AAP) (Preferred)

COMPENSATION AND BENEFITS

This position is eligible to earn a base salary in the range of $96,000.00 - $181,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.

Please click here for a list of benefits for which this position is eligible.

Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.

Job Posting Expiration Date: 09/07/2026 KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.

#LI-Remote

What KeyBank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

KeyBank logo

About KeyBank

Sourced by ZipRecruiter

Key is one of the nation's largest bank-based financial services companies. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Cleveland, OH, US

Year founded

1849

View All KeyBank Jobs

Apply