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

Spirit AeroSystems

Fabrication Senior Manager

Wichita, KS · On-site

$106K - $163K/yr

Prior management level experience reporting out to Senior Leadership on department production ... Experience working in a 24/7 operations environment Drug Free Workplace: We are a Drug Free ...

Panera Bread

Sr. Manager, Compliance

Newton, KS · On-site

Sr. Manager, Compliance Job Purpose The Sr. Manager, Compliance plays a critical role in building ... This role partners across Legal, Risk, HR, Operations, and IT to implement effective processes ...

Shield AI

Propulsion Test Engineer (R4380)

Wichita, KS · On-site

$150K - $230K/yr

Serve as a propulsion subject-matter expert during Test Readiness Reviews (TRRs), Test Hazard Analyses (THAs), and Operational Risk Management (ORM) assessments * Support root-cause investigations ...

Wolters Kluwer

Sales Enablement Manager

Wichita, KS · On-site

... and operational risk. We are executing a commercial transformation, rebuilding our go-to-market ... Partner with the RevOps Manager (Top of Funnel) to align BDR enablement to the account-based ...

Wolters Kluwer

Sales Enablement Manager

Wichita, KS

... and operational risk. We are executing a commercial transformation, rebuilding our go-to-market ... Partner with the RevOps Manager (Top of Funnel) to align BDR enablement to the account-based ...

Wolters Kluwer

Sales Enablement Manager

Wichita, KS

... and operational risk. We are executing a commercial transformation, rebuilding our go-to-market ... Partner with the RevOps Manager (Top of Funnel) to align BDR enablement to the account-based ...

Heartspring Inc

Nurse Office Manager

Wichita, KS

$56K - $89K/yr

... are operations experience required * Strong knowledge of healthcare compliance, quality improvement, and risk management * Experience managing teams, workflows, and administrative processes

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Operational Risk Manager information

See Wichita, KS salary details

$46.4K

$119.2K

$233.9K

How much do operational risk manager jobs pay per year?

As of Jul 20, 2026, the average yearly pay for operational risk manager in Wichita, KS is $119,150.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,600.00 and $157,000.00 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 are popular job titles related to Operational Risk Manager jobs in Wichita, KS? For Operational Risk Manager jobs in Wichita, KS, the most frequently searched job titles are:
What job categories do people searching Operational Risk Manager jobs in Wichita, KS look for? The top searched job categories for Operational Risk Manager jobs in Wichita, KS are:
What cities near Wichita, KS are hiring for Operational Risk Manager jobs? Cities near Wichita, KS with the most Operational Risk Manager job openings:
Operational Risk Manager jobs near you
Infographic showing various Operational Risk Manager job openings in Wichita, KS as of July 2026, with employment types broken down into 60% Full Time, and 40% Part Time. Highlights an 100% In-person job distribution, with an average salary of $119,150 per year, or $57.3 per hour.
Contract/Subcontract Administrator

Contract/Subcontract Administrator

Knowmadics

Wichita, KS • On-site

Full-time

Re-posted 8 days ago

Job description

Candidates should live within driving distance of the following areas: Wichita, KS; Lawton, OK; or Round Rock, TX.
Job Purpose / Summary
The Contracts/Subcontracts Administrator is responsible for full lifecycle administration of commercial and federal prime contracts and subcontracts, with a strong emphasis on subcontract negotiation, flowdown compliance, proposal support, post-award execution, and risk management. This role partners closely with program management, finance, legal, and business development to support complex government and commercial contracting efforts in a fast-paced environment.
This role offers the opportunity to take ownership of complex contracts and subcontracts, partner directly with business and program leadership, and help shape scalable contracting practices in a growing environment.
The ideal candidate is proactive, detail-oriented, and comfortable operating in a fast-paced environment with competing priorities. This individual must be able to exercise sound business judgment, communicate clearly with strong internal stakeholders, and confidently negotiate and resolve contractual issues.
Duties and Responsibilities
  • Draft, review, negotiate, and administer subcontracts, NDAs, teaming agreements, consulting agreements, modifications and other related contractual agreements.
  • Administer and manage contracts and subcontracts throughout the full lifecycle, from aiding in requirement generation and proposal development through contract closeout.
  • Develop, issue, and manage RFP packages and evaluate proposals for compliance, pricing, risk, and contractual requirements.
  • Perform price analysis and develop negotiation strategies; negotiate pricing, terms and conditions to secure cost savings and favorable business outcomes.
  • Interpret and apply prime contract flowdowns and ensure appropriate subcontract terms are incorporated.
  • Execute contracts, subcontracts, and modifications in accordance with FAR/DFAR regulations, laws and company policies.
  • Perform post-award administration, including managing modifications, monitoring deliverables and milestones, facilitating invoicing, performance issues and supporting contract closeout activities.
  • Monitor subcontractor performance against statements of work, schedules, and funding requirements.
  • Ensure compliance with contractual, regulatory, and internal company procedures beyond FAR/DFAR requirements, including documentation standards and record retention practices.
  • Provide guidance to internal stakeholders on FAR/DFARS compliance, contract/subcontract structuring, and operational risk; developing and implementing risk mitigation strategies.
  • Partner with cross-functional program teams across the company including program management, finance, engineering, sales, and legal to resolve difficult supplier or subcontractor issues.
  • Identify and escalate contractual, financial, schedule, IP, and performance risks to leadership in a timely manner.
  • Provide clear, concise verbal and written communication to internal and external stakeholders, including customers, government representatives, and subcontractors.

Qualifications
  1. Required:
    • Minimum five (5) years of experience executing and administering government contracts and/or subcontracts.
    • Eligible to obtain a U.S. Security Clearance.
    • Working knowledge of FAR and DFAR regulations.
    • Demonstrated experience negotiating terms and conditions, non-disclosure agreements, teaming agreements and subcontract documents.
    • Experience performing price and cost analysis.
    • Ability to work cross-functionally with program management, finance, sales, legal and technical stakeholders.
    • Bachelor's degree or 10 years of experience executing and administering government contracts and/or subcontracts.
    • Strong written and verbal communication skills.
    • Ability to make strategic decisions while delivering timely and accurate results.

  1. Preferred
    • Experience supporting IT, cybersecurity, R&D, or technical service contracts.
    • Familiarity with OTA / consortium / research-style agreements.
    • Experience with reviewing IP-related provisions and clauses.
    • Experience handling claims, disputes, or resolving complex contractual issues.
    • Experience working with universities or research institutions in a government contracting environment (e.g., R&D programs or consortium-based work).

Working Conditions
  • Employees may work in a variety of settings, including remote and in-person environments. Flexibility to work extended hours as required to meet business needs.
  • Employees may be required to participate in in-person meetings, trainings, or company functions at Knowmadics offices or other designated locations. Travel in support of business operations may also be required.

Physical Requirements
Prolonged periods of remaining in a stationary position at a desk and working on a computer.
Direct Reports
None

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