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Operational Risk Manager Jobs in Southgate, MI (NOW HIRING)

What You'll Do: * Lead Enterprise Risk Management: Develop, implement, and manage ERM tools ... Ability to balance regulatory rigor with operational practicality Why You'll Love It Here * You'll ...

... risk management. * Possess a strong working knowledge of the environmental insurance marketplace which includes a firm understanding of both operational and transactional placement, carrier risk ...

Retail Stores - Risk Associate

Troy, MI

$14.25 - $17/hr

THE DEPARTMENT Our Enterprise Risk Management department is responsible for minimizing loss while respecting people, brand and operations. THE OPPORTUNITY With a special focus on merchandise security ...

... risk management. * Possess a strong working knowledge of the environmental insurance marketplace which includes a firm understanding of both operational and transactional placement, carrier risk ...

Business Operations & Governance * Operate the cybersecurity initiative and investment portfolio ... Financial Management & Resource Enablement * Coordinate with finance and procurement partners to ...

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Operational Risk Manager information

See Southgate, MI salary details

$43.6K

$112K

$220K

How much do operational risk manager jobs pay per year?

As of May 29, 2026, the average yearly pay for operational risk manager in Southgate, MI is $112,032.00, according to ZipRecruiter salary data. Most workers in this role earn between $68,200.00 and $147,600.00 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.

What job categories do people searching Operational Risk Manager jobs in Southgate, MI look for? The top searched job categories for Operational Risk Manager jobs in Southgate, MI are:
What cities near Southgate, MI are hiring for Operational Risk Manager jobs? Cities near Southgate, MI with the most Operational Risk Manager job openings:
VP of Risk

Full-time

Posted 23 days ago


Job description

Our Purpose
At Vibe, we are driven by our mission to elevate community and create opportunity. We believe in fostering an environment of inclusivity where every team member has the chance to grow professionally. Guided by our core values – be inclusive, educate, embrace change, and seek opportunities - we are dedicated to making a positive impact in the lives of our members and communities. As we continue to grow and expand our team, we are seeking passionate individuals who share our vision and are eager to join us in our journey. If you are someone who is passionate about making a difference and is committed to creating a brighter future for our communities, we invite you to explore this exciting opportunity at Vibe!
Your Role: Vice President of Risk
As the Vice President of Risk, you will provide enterprise‑wide leadership over risk management functions that protect the Credit Union’s members, assets, and reputation. This role oversees teams and processes that address regulatory compliance, vendor management, legal risk, fraud oversight, quality assurance reviews, and the integrity of member data change processes.
You will partner closely with executive leadership—particularly the Chief Financial Officer—to align risk strategy with Vibe’s long‑term goals, ensure strong governance, and embed risk‑aware decision‑making across the organization.
What You’ll Do:
  • Lead Enterprise Risk Management: Develop, implement, and manage ERM tools, practices, and policies to identify, assess, and report enterprise risks.
  • Oversee Vendor Risk: Maintain oversight of the vendor management program, ensuring appropriate controls and ongoing risk evaluation.
  • Drive Legal Strategy: Collaborate with the Chief Financial Officer to create and execute a five‑year legal strategic plan.
  • Contract amp; Policy Review: Review, revise, and negotiate contracts, corporate policies, and governance documents in collaboration with internal stakeholders.
  • Provide Legal amp; Regulatory Guidance: Conduct research and provide legal advice related to compliance initiatives, regulatory matters, BSA/AML, and other legal topics impacting the organization.
  • Assess amp; Mitigate Risk: Evaluate risk potential across controls, activities, policies, and procedures; recommend and implement mitigation strategies.
  • Policy Governance: Participate in the ongoing development, oversight, and maintenance of enterprise policies, principles, and standards.
  • Training Oversight: Ensure annual regulatory training for team members is conducted and effective.
  • Serve as BSA Officer: Lead and oversee the BSA/AML program across the enterprise.
  • Administer Fair Lending: Oversee Fair Lending compliance, including SAFE Act and FCRA requirements.
  • Review Business Practices: Evaluate processes and procedures for alignment with Vibe’s defined risk appetite.
  • Model Leadership: Demonstrate teamwork, integrity, accountability, and strong leadership across all interactions.
What We’re Looking For:\

Education amp; Experience
  • Demonstrated hands‑on experience establishing and administering compliance governance and oversight functions
  • Strong working knowledge of NCUA, federal, and state regulatory laws impacting Credit Unions
  • 5–10 years of risk management experience within a financial institution
  • Minimum of 5 years of experience leading and developing teams
  • Juris Doctor (JD) degree preferred
Skills amp; Abilities
  • Strong analytical skills with the ability to assess and evaluate security and risk controls
  • Excellent written and verbal communication skills
  • Ability to interact effectively across all levels of the organization
  • Proven ability to lead, guide, and mentor team members
  • Strategic mindset with sound judgment and decision‑making capabilities
  • Ability to balance regulatory rigor with operational practicality

Why You’ll Love It Here
  • You’ll play a critical role in protecting the integrity, trust, and sustainability of a mission‑driven Credit Union.
  • You’ll partner with executive leadership and the Board to shape enterprise‑wide risk strategy.
  • You’ll lead meaningful initiatives that balance innovation with sound governance.
  • You’ll work in a culture that values transparency, collaboration, and accountability.
  • You’ll contribute directly to Vibe’s mission of elevating community and creating opportunity.
Physical Requirements
The physical demands described represent those required to successfully perform the essential functions of the position. Reasonable accommodations may be made to enable individuals with disabilities to perform these functions.
While performing this role, the employee may be required to hear, see, talk, stand, walk, stoop, kneel, lift, push, pull, and grasp.