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Risk Operations Jobs in Indiana (NOW HIRING)

Daily Risk & Operations Review * Key Activities * Attend Tier and production meetings * Review the previous 24 hours of: * Incidents * Near misses * Safety observations * Reported hazards * Review ...

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Risk Operations information

What is risk operations?

Risk operations refer to the processes and teams within an organization that are responsible for identifying, assessing, managing, and mitigating risks related to business activities. This can include monitoring transactions for fraud, ensuring compliance with regulations, analyzing data to detect suspicious activity, and implementing controls to protect the company from financial and reputational harm. Risk operations professionals often work closely with legal, compliance, and security teams to develop strategies and tools that minimize potential losses. Their work is essential for maintaining trust with customers and meeting regulatory requirements.

What are the most common challenges faced by professionals in risk operations, and how can they be overcome?

Professionals in Risk Operations frequently encounter challenges such as rapidly evolving fraud tactics, balancing regulatory compliance with efficient operations, and managing large volumes of data for decision-making. Staying updated with the latest fraud trends and regulatory changes is essential, as is collaborating closely with compliance, customer service, and IT teams. Utilizing advanced analytics tools and ongoing training can help address these challenges, ensuring risks are identified quickly while maintaining a positive customer experience.

What are the key skills and qualifications needed to thrive as a risk operations professional, and why are they important?

To thrive in Risk Operations, you need strong analytical skills, attention to detail, and a background in finance, business, or a related field, often supported by a relevant degree. Familiarity with risk management systems, data analysis tools like Excel or SQL, and sometimes certifications such as FRM or CAMS are typically required. Excellent problem-solving abilities, communication, and adaptability help you stand out in this role. These skills are vital for accurately identifying, assessing, and mitigating operational risks to protect the organization's assets and ensure regulatory compliance.

What is the difference between Risk Operations vs Risk Analyst?

AspectRisk OperationsRisk Analyst
Required CredentialsBachelor's degree, certifications like FRM or CRM often preferredBachelor's degree, certifications like FRM or CRM often preferred
Work EnvironmentOperational teams, risk management departments, often in financial institutionsAnalytical teams, risk management units, in finance and banking sectors
Employer & Industry UsageUsed across financial services, banking, insurance for risk management processesCommonly employed in finance, banking, and investment firms for risk assessment

Risk Operations and Risk Analyst roles share similar credentials and industry usage, but Risk Operations focuses on managing risk processes and systems, while Risk Analysts primarily analyze data to identify risks. Both roles are vital in financial sectors, often working closely together to ensure comprehensive risk management.

What are popular job titles related to Risk Operations jobs in Indiana?

For Risk Operations jobs in Indiana, the most frequently searched job titles are:

Infographic showing various Risk Operations job openings in Indiana as of August 2026, with employment types broken down into 88% Full Time, 11% Part Time, and 1% Contract. Highlights an 92% Physical, 4% Hybrid, and 4% Remote job distribution.

Director, Enterprise Risk Management

Blue Cross and Blue Shield of North Carolina

Indianapolis, IN • On-site

$157K - $252K/yr

Other

Medical, Dental, Vision, Retirement, PTO

Posted yesterday

New


Blue Cross and Blue Shield of North Carolina rating

7.8

Company rating: 7.8 out of 10

Based on 13 frontline employees who took The Breakroom Quiz

197th of 315 rated insurance


Job description

Job Description

Blue Cross NC is hiring a Director, Enterprise Risk Management to lead the design, execution, and continuous improvement of the organization's enterprise risk management framework. This role is responsible for proactively identifying, assessing, managing, and communicating enterprise risks while partnering with executive leaders, business unit leaders, and governance bodies, including the Audit Committee and Enterprise Risk Committee, to embed risk-based thinking into strategic planning, operations, and capital decisions.

What You'll Do

  • Direct all aspects of enterprise risk management and support throughout the organization to achieve business objectives and strategies.

  • Proactively promotes organization-wide understanding of enterprise risks and risk management strategies.

  • Lead the Own Risk and Solvency Assessment (ORSA) process, including facilitation of enterprise risk assessment, stress testing, and preparation of the annual ORSA report.

  • Prepare risk reports, dashboards, and presentations for executive leadership, risk committees, and the Board.

  • Understand the business implications of risk management and coordinate with the appropriate level of management to develop practical and actionable business solutions in a timely, cost-effective manner.

  • Monitor risk appetite metrics, key risk indicators, and emerging risks and report to management and the Board as needed.

  • Coordinate periodic reviews of risk appetite statements, policies, and governing practices.

  • Monitor regulatory, industry, and healthcare trends to identify potential impacts to the organization.

  • Promote a strong risk culture through education, communication, and consultation across the enterprise.

  • Lead the corporate insurance and captive management programs to effectively manage insurance risks.

What You Bring

  • A bachelor's degree in a risk management, financeor business administration

  • 10 years experience in risk management and consulting or public accounting

  • 5 years leadership experience

  • CRM, CRMA, ARM or CPA

  • In lieu of degree, 12+ years of experience in related field

What You'll Get

  • The opportunity to work at the cutting edge of health care delivery with a team that's deeply invested in the community.

  • Work-life balance, flexibility, and the autonomy to do great work.

  • Medical, dental, and vision coverage along with numerous health and wellness programs.

  • Parental leave and support plus adoption and surrogacy assistance.

  • Career development programs and tuition reimbursement for continued education.

  • 401k match including an annual company contribution.

  • Learn more

Where You'll Work

Our Hybrid Flex approach is built on presence with a purpose - giving you flexibility to work remotely with intentional in-person connection - that supports a workplace that's flexible, connected, and future focused.

In a Hybrid-Flex role, you'll work in the office at least two days a week for collaboration and connection. In a Remote Flex role, you'll work virtually, with a few in-office visits each year for meaningful moments that matter.

Whether your role is Hybrid Flex or Remote Flex depends on the nature of the work and distance from our Durham headquarters. We welcome candidates from outside the local area and in any states listed on this job posting. Onsite expectations will be discussed during the interview process.

Salary Range

At Blue Cross NC, we take great pride in a fair and equitable compensation package that reflects market-price and our starting salaries are typically planned near the middle of the range listed. Compensation decisions are driven by factors including experience and training, specialized skill sets, licensure and certifications and other business and organizational needs.Our base salary is part of a robust Total Rewards package that includes an Annual Incentive Bonus*, 401(k) with employer match, Paid Time Off (PTO), and competitive health benefits and wellness programs.

*Based on annual corporate goal achievement and individual performance.

$157,978.00 - $252,765.00

Skills

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JOB ALERT FRAUD: We have become aware of scams from individuals, organizations, and internet sites claiming to represent Blue Cross and Blue Shield of North Carolina in recruitment activities in return for disclosing financial information. Our hiring process does not include text-based conversations or interviews and never requires payment or fees from job applicants. All our career opportunities are published on https://bcbsnc.wd5.myworkdayjobs.com/en-US/BCBSNC. If you have already provided your personal information that you suspect is fraudulent activity, please report it to your local authorities. Any fraudulent activity should be reported to: HR.Staffing@BCBSNC.com.


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