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

Branch Manager

Centerville, MN · On-site

$60K - $75K/yr

As a Branch Manager , you are responsible for driving new business for Nicolet and your branch ... Operations, Risk, & Compliance * Ensure compliance with regulatory requirements. * Maintain ...

Branch Manager

Centerville, MN · On-site

$60K - $75K/hr

As a Branch Manager , you are responsible for driving new business for Nicolet and your branch ... Operations, Risk, amp; Compliance * Ensure compliance with regulatory requirements. * Maintain ...

The Manager, Global Trade Compliance, is responsible for developing and administering all programs ... risk, support operational performance, and align trade compliance with business objectives ...

The Manager, Global Trade Compliance, is responsible for developing and administering all programs ... risk, support operational performance, and align trade compliance with business objectives ...

Senior Sourcing Manager

Anoka, MN

$155K - $156K/yr

... critical to operational performance. Tier 2 Supply Chain Visibility & Mapping * Develop and ... Lead risk mitigation strategies, including dual sourcing, localization, and buffering strategies

Senior Sourcing Manager

Anoka, MN · On-site

$155K - $156K/yr

... critical to operational performance. Tier 2 Supply Chain Visibility & Mapping * Develop and ... Lead risk mitigation strategies, including dual sourcing, localization, and buffering strategies

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Operational Risk Manager information

See Zimmerman, MN salary details

$49.1K

$126K

$247.4K

How much do operational risk manager jobs pay per year?

As of Jul 15, 2026, the average yearly pay for operational risk manager in Zimmerman, MN is $125,983.00, according to ZipRecruiter salary data. Most workers in this role earn between $76,700.00 and $166,000.00 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.

What cities near Zimmerman, MN are hiring for Operational Risk Manager jobs? Cities near Zimmerman, MN with the most Operational Risk Manager job openings:
Branch Manager

$60K - $75K/yr

Other

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired 2 days ago. Applications are no longer accepted.


Nicolet National Bank rating

8.4

Company rating: 8.4 out of 10

Based on 11 frontline employees who took The Breakroom Quiz

34th of 149 rated banks


Job description

At Nicolet National Bank, our culture is based on the principles of community banking, putting the needs of our customers at the forefront of our decision-making. Our Core Values drive everything we do, and we are committed to serving our customers with excellence. We believe that every job in our organization is critical to our success, and we are dedicated to creating a work environment where our employees feel valued, respected, and supported. With locations in Wisconsin, Michigan, Minnesota, Iowa, Colorado, and Florida we are proud to service our local communities and make a positive impact on the lives of our customers. At Nicolet National Bank, we believe that our people are our most valuable asset, and we are committed to investing in their growth and development.
As a Branch Manager, you are responsible for driving new business for Nicolet and your branch, leading with a proactive, relationshipfocused approach that reflects and reinforces Nicolet's culture, values, and commitment to our customers and communities.

This role provides strategic leadership and operational oversight to ensure strong financial performance, exceptional customer experience, and operational excellence. Additionally, you engage personal and commercial customers and prospects with deeper, consultative conversations to understand their financial goals, recommend sophisticated solutions, and provide comprehensive guidance across deposit, digital, and lending needs.
Pay Range: $60,000 - $75,000 / year

As a Branch Manager, you will:
Strategic Leadership & Business Growth
  • Develop and execute a comprehensive branch business plan focused on growth, profitability, customer acquisition, and retention.
  • Analyze market conditions to identify competitive trends and new business opportunities.
  • Maintain visibility within the community and build referral networks.
  • Drive achievement of branch performance targets.
Team Leadership & Talent Development
  • Lead, coach, and develop a highperforming team aligned with Nicolet's culture and values.
  • Oversee hiring, onboarding, training, and workforce planning.
  • Conduct coaching, performance reviews, and recognition.
Customer Experience & Relationship Management
  • Ensure delivery of highquality customer experience.
  • Cultivate strong consumer and business relationships.
  • Lead needsbased conversations.
Sales Leadership & Market Expansion
  • Contribute to the achievement of business objectives by conducting internal and external sales calls and other business development activities.
  • Coach and deliver needs-based sales process to proactively identify financial needs of current or prospective customers and recommend appropriate solutions.
  • Partner with internal specialists.
  • Lead sales meetings, branch huddles and performance coaching.
Sales, Referrals & Portfolio Development
  • Identify opportunities to expand relationships through product recommendations, financial education, and proactive outreach.
  • Use available reports and tools to identify customer needs, product gaps, and targeted calling opportunities.
  • Refer customers to internal specialists (mortgage, commercial banking, wealth) to ensure a comprehensive financial experience.
  • Meet and exceed assigned individual and branchlevel sales, service, and referral goals.
  • Open and service deposit and loan accounts.
Operations, Risk, & Compliance
  • Ensure compliance with regulatory requirements.
  • Maintain operational discipline and control processes.
  • Identify and escalate operational or risk concerns.
  • Oversee daily branch operations.
  • Assess workflows and implement improvements.
  • Ensure team proficiency in products and technology.
Community Leadership
  • Represent Nicolet in community events.
  • Maintain visibility within the community, building referral networks and community partnerships.
General
  • Uphold Nicolet's philosophy and policies by maintaining appropriate controls to ensure full compliance with applicable laws and regulations, thereby fulfilling legal responsibilities and enhancing the quality of services provided by Nicolet.
  • Understand and communicate the value of diversity within the workplace and to work successfully with others without regard to age, gender, race, sexual orientation, ethnicity, culture, religion, disability status, socioeconomic status or other non-job-related classification, including a commitment to Nicolet's policies on equal employment opportunities and non-discrimination with a willingness to pursue efforts of inclusion and respect toward different perspectives.
  • Performs all other duties as assigned.
Supervisory Responsibilities:
  • Directly supervise Universal Bankers, Personal Bankers, and Assistant Branch Managers in accordance with Nicolet's policies and applicable laws. Responsibilities include interviewing, hiring, and training employees; planning, assigning, and directing work; appraising performance; coaching, mentoring and development planning; rewarding and disciplining employees; addressing complaints and resolving problems.

Qualifications:
  • Associates degree in banking, Finance or related field.
  • 3-5-years retail banking experience required, 5+ years retail banking with management experience preferred.
  • Banking operations, regulations, lending fundamentals.
  • Business acumen including budgeting and performance.
  • Leadership, coaching, and communication skills.
  • Needsbased selling and customer engagement.
Benefits:
  • Medical, Dental, Vision, & Life Insurance
  • 401(k) with a company match
  • PTO & 11 1/2 Paid Holidays
The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities and skills required for the position.
Equal Opportunity Employer/Veterans/Disabled

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