Operational Risk Jobs in Illinois (NOW HIRING)

Provide enterprise leadership for a centralized first-line operational risk and governance function supporting business units across the organization. Accountable for the design, execution, and ongoing maturity of first-line operational risk programs including risk and control assessments, issue management, third-party risk oversight, complaints governance, and quality assurance. Partner with business leaders such as enterprise risk, compliance, legal, and audit to embed risk management into day-to-day operations, strengthen risk ownership, and ensure alignment with regulatory expectations, enterprise risk frameworks, and strategic objectives.

• Provide end-to-end leadership for the organization’s first-line operational risk and governance framework, embedding risk management into business operations and decision-making
• Own and mature first-line programs including Risk and Control Self-Assessments (RCSAs), operational risk identification and monitoring, issue management, third-party risk oversight, and complaints governance and quality assurance
• Establish and maintain enterprise-aligned standards, policies, and methodologies for first-line risk management, ensure consistency across business units and alignment with second-line frameworks
• Guide business leaders through implementation of risk programs, drive accountability for control ownership, issue remediation, and sustainable risk-balanced outcomes
• Oversee identification, escalation, tracking, and reporting of operational risk issues, control gaps, complaints trends, and emerging risks
• Lead first-line engagement for regulatory exams, audits, and internal governance forums in partnership with enterprise risk, compliance, legal, and audit
• Deliver clear, actionable risk reporting to senior leadership and governance committees aligned to risk appetite and business strategy
• Continuously assess effectiveness of first-line risk execution and recommend enhancements to frameworks, tools, and reporting
• Plan, oversee and lead the work of the team to meet functional and individual operational objectives and goals. Coach, mentor, and develop staff, including overseeing new employee onboarding and providing career development planning and opportunities. Responsible for hire, fire, performance, discipline and problem-resolution decisions

• Minimum - 4 Year Bachelor’s Degree in Business, Finance, Accounting, Risk Management or related
• Preferred - Graduate Degree in Business, Finance, Accounting, Risk Management or related
• Minimum - 15 Years of Operational risk management, governance, audit, compliance, or related functions within a large, regulated financial institution or related
• Minimum - 8 Years of Leading enterprise or large-segment operational risk programs, including RCSA frameworks and regulatory engagement or related
• Minimum - 8 Years of People Management

• 20+ Years of Operational risk management, governance, audit, compliance, or related functions within a large, regulated financial institution. Leading enterprise or large-segment operational risk programs, including RCSA frameworks and regulatory engagement including people management

Typical hiring range: $179,100.00 to $268,700.00 Annually. Actual compensation will be determined using factors such as experience, skills and knowledge.

Benefits: Alliant provides a benefits package including health care, vision, dental, and 401k with employer match including:

• Annual performance bonus
• Work from home up to 3 days a week
• Paid parental leave
• Employee discount programs
• Time off including paid personal and sick days
• 11 paid holidays

Notes: Eligibility and cost of benefits can vary depending on the number of regularly scheduled hours, and job status such as regular full-time, regular part-time, or temporary employment.

Compliance: Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.

Disclaimer: The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.

• Hybrid
• Customer Service/Support
• Full-Time
• Requisition #: VICEP001928

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.