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Operational Risk Manager Jobs in Winona, MN (NOW HIRING)

Manage the full client relationship lifecycle, including onboarding, implementation, training, and ... Must have knowledge of credit and operational risk ability to quantify potential exposure and ...

Manage the full client relationship lifecycle, including onboarding, implementation, training, and ... Must have knowledge of credit and operational risk ability to quantify potential exposure and ...

Manage the full client relationship lifecycle, including onboarding, implementation, training, and ... Must have knowledge of credit and operational risk ability to quantify potential exposure and ...

Manage the full client relationship lifecycle, including onboarding, implementation, training, and ... Must have knowledge of credit and operational risk ability to quantify potential exposure and ...

Manage the full client relationship lifecycle, including onboarding, implementation, training, and ... Must have knowledge of credit and operational risk ability to quantify potential exposure and ...

Manage the full client relationship lifecycle, including onboarding, implementation, training, and ... Must have knowledge of credit and operational risk ability to quantify potential exposure and ...

Internal Auditor

Spring Grove, MN · On-site

$31.44 - $38.51/hr

Internal Control & Risk Management * Evaluate effectiveness of: * * Internal control framework * Operational processes * Fraud prevention and detection controls * Participate in enterprise-wide ...

Your role bridges the gap between safety requirements and operational success, requiring both ... You'll conduct comprehensive risk assessments, analyze safety data, and implement practical ...

Your role bridges the gap between safety requirements and operational success, requiring both ... You'll conduct comprehensive risk assessments, analyze safety data, and implement practical ...

Program Manager

Winona, MN · On-site

$81K - $101K/yr

... operations. - Works with SCA to ensure resolution of excess and obsolete inventory issues ... Risk/Liability Tool - Ensures accuracy of quotations to protect gross margin - Validates the ...

... 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 ...

... 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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Operational Risk Manager information

See Winona, MN salary details

$45.6K

$117K

$229.8K

How much do operational risk manager jobs pay per year?

As of Jun 13, 2026, the average yearly pay for operational risk manager in Winona, MN is $117,023.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,300.00 and $154,100.00 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 cities near Winona, MN are hiring for Operational Risk Manager jobs? Cities near Winona, MN with the most Operational Risk Manager job openings:
Infographic showing various Operational Risk Manager job openings in Winona, MN as of June 2026, with employment types broken down into 83% Full Time, and 17% Part Time. Highlights an 92% In-person, and 8% Remote job distribution, with an average salary of $117,023 per year, or $56.3 per hour.
Energy Risk Analyst - Level III or Sr

Energy Risk Analyst - Level III or Sr

Dairyland Power Cooperative

La Crosse, WI • On-site

$117K - $176K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 12 days ago


Job description

Are you ready to join an organization where we focus on People First, have fun at work and make a difference in what we do?


Dairyland is proud of our People First culture centered around appreciation, celebrating wins and collaboration. We've worked hard to ensure alignment between our culture and our processes and systems, learning and development and rewards and recognition programs.

As a team, we work together to leverage the team's diverse perspectives, ideas and experiences to deliver nothing less than the best. We are collaborative, transparent and committed to our People and their work experience, growth and professional development.

Level III Salary Range: $89,000 - $133,500

Level Sr Salary Range: $117,800 - $176,700

Compensation is determined by a combination of factors, including but not limited to education, work experience, and certifications. The actual offer may vary, reflecting the candidate's unique blend of experience, educational background, and skill level.

The Energy Risk Analyst plays a critical role in supporting Dairyland Power Cooperative's energy trading and power supply activities through independent risk oversight, analytical insight and decision support. This role sits at the intersection of trading, finance and operations, providing transparency into market positions, risk exposures and financial performance.

As an experienced professional, this position leads complex analysis, enhances risk reporting and supports process improvements that strengthen decision-making across the organization. The role offers significant exposure to power and natural gas markets, portfolio strategy and cross-functional collaboration.

The Energy Risk Analyst is expected to take ownership of complex projects, identify opportunities for improvement and work with teams across Dairyland to implement effective solutions. Success in this role requires strong analytical, technical and communication skills, along with a solid understanding of energy markets, risk management practices and industry regulations.

ESSENTIAL JOB FUNCTIONS:

Operational Support: Provide daily independent risk oversight of power supply and trading portfolios; perform calculations such as Mark-to-Market (MtM) and Value-at-Risk (VaR); monitor positions and validate trade data.

Risk and Performance Analysis: Lead analysis of market, credit, and operational risks; provide insights into P&L drivers and exposures; support leadership decision-making.

Process Improvement: Identify opportunities to enhance risk analytics, reporting automation, and system capabilities; collaborate with IT and cross-functional teams.

Data Integrity and Reporting: Ensure accuracy across trading and risk systems; deliver reporting to senior leadership on exposures and performance.

Compliance and Controls: Support strong risk governance while enabling efficient operations; assist with audits and regulatory requirements.

Market Knowledge and Collaboration: Develop understanding of MISO markets; partner with trading, finance, and operations to provide independent risk perspective.

MINIMUM QUALIFICATIONS:
Education & Experience:

Level III: Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related field is required, MBA preferred. Minimum of five (5) years of relevant experience in financial analysis, energy trading, risk management, or related fields. Experience within the electric utility or energy sector is strongly preferred.

Sr. Level: Bachelor's degree in Finance, Economics, Accounting, Business Administration, or a related field is required, MBA preferred. Minimum of eight (8) years of relevant experience in financial analysis, energy trading, risk management, or related fields. Significant experience within the electric utility or energy sector is highly preferred

Skills:
Experience in energy, commodities, or financial services preferred.
Strong analytical, modeling, and communication skills.
Experience with risk systems is a plus but not required.
Familiarity with MISO market operations is a plus

Physical Demands:

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. While performing the duties of this job, the employee is regularly required to talk or hear. The employee frequently is required to stand, walk, use hands to finger, handle or feel, and reach with hands and arms. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. Ability to wear Personal Protective Equipment (PPE) such as hard hats, safety glasses, hearing protection, etc.


Dairyland Benefits:

We are committed to providing our greatest asset, our People, with as many perks and benefits as possible. Some benefits of working with us include:

- Health & disability benefits (medical, dental, vision, short & long-term disability)
- Life insurance
- Generous 401(k) and Pension Plans
- Paid Time Off
- Robust Wellness Program
- New Flexible Work Program
- Tuition Reimbursement
- So much more!

Dairyland Power Cooperative is an equal opportunity employer. All applicants will be considered for employment without attention to race, age, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.

If you are an individual with disabilities who needs accommodation or you are having difficulty using our website to apply for employment, contact our HR Department at 608-788-4000.