First Merchants
First Merchants

120 First Merchants Operational Risk Manager Jobs Hiring Near You

Operational Risk Professional

Mclean, VA · On-site

$74K - $112K/yr

Freddie Mac is seeking an Operational Risk Professional to join the Investments & Capital Markets ... Support maintenance of Payment Risk Management Frameworkthat conforms with industry leading ...

RESPONSIBILITIES Operational Risk Management & Risk Register Oversight * Lead and support the identification, evaluation, and mitigation of operational risks using structured methodologies such as ...

This position is responsible for supporting the Operational Risk Management (ORM) framework under the Enterprise Risk Framework (ERM), and will contribute to the development and ongoing support of ...

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First Merchants Jobs Information

What is it like to work at First Merchants?

First Merchants is a community-focused bank that values a culture of teamwork, integrity, and customer service, striving to create a positive impact in the communities it serves.

The company operates with a regional banking model, allowing for a more personalized approach to customer relationships and a collaborative team structure that encourages open communication and knowledge sharing. First Merchants also prioritizes employee development, offering training and education programs to support career growth and advancement.

Working at First Merchants may appeal to individuals who value community involvement, are passionate about delivering exceptional customer experiences, and are looking for a stable and supportive work environment that offers opportunities for professional growth and development.

What makes First Merchants an attractive place to work?

First Merchants is a leading regional bank in the Midwest, known for its commitment to community banking and customer-centric approach. The company offers a dynamic work environment that values collaboration, innovation, and employee growth, with opportunities for professional development and advancement. By joining First Merchants, individuals can contribute to the bank's mission of delivering exceptional financial services and make a meaningful impact in their communities.

Do workers at First Merchants Bank get paid breaks?

Sometimes. Only some people get paid breaks.
50% of people say they don’t get paid breaks.
Based on data from 18 people who took the Breakroom Quiz between November 2024 and August 2026.

Does First Merchants Bank pay people when they’re sick?

Yes. Most people get paid when they’re sick.
90% of people say they would get paid if they were sick but scheduled to work.
Based on data from 21 people who took the Breakroom Quiz between November 2024 and August 2026.

At First Merchants Bank, are sick days and vacation days separate paid time off?

Sick days and vacation days are separate paid time off.
67% of people say they don’t have to use vacation days when they’re out sick.
Based on data from 12 people who took the Breakroom Quiz between August 2025 and August 2026.

Is the health insurance from First Merchants Bank affordable enough for their workers?

Most people say the health insurance costs are okay.
83% of people say the health insurance costs are okay
Based on data from 12 people who took the Breakroom Quiz between August 2025 and July 2026.

Do people get paid time off at First Merchants Bank?

Most people get paid time off work.
100% of people say they get paid time off.
Based on data from 13 people who took the Breakroom Quiz between August 2025 and August 2026.

How far ahead of time do people find out their work schedule?

Only some people find out their schedule four weeks ahead of time.
  • 43% of people with changing schedules find out their shifts one week or less ahead of time.
  • 14% of people with changing schedules find out their shifts two weeks ahead of time.
  • 0% of people with changing schedules find out their shifts three weeks ahead of time.
  • 43% of people with changing schedules find out their shifts four weeks or more ahead of time.

Based on data from 7 people who took the Breakroom Quiz between November 2024 and August 2026.

Do workers at First Merchants Bank worry about hours?

Most people don’t worry about getting enough hours.
92% of people report they don’t worry about getting enough hours.
Based on data from 13 people who took the Breakroom Quiz between November 2024 and August 2026.

Do First Merchants Bank workers get to choose the shifts they work?

Some people don’t get to choose which shifts they work.
56% report that they don’t have enough control over which shifts they work.
Based on data from 9 people who took the Breakroom Quiz between November 2024 and August 2026.

How easy is it for First Merchants Bank workers to change shifts?

Some people find it hard to change shifts.
43% of people report that it’s hard to change shifts if they need to.
Based on data from 7 people who took the Breakroom Quiz between November 2024 and August 2026.

How easy is it to get time off at First Merchants Bank?

Most people find it easy to get time off.
85% of people report it’s easy to get time off.
Based on data from 20 people who took the Breakroom Quiz between November 2024 and August 2026.

Do First Merchants Bank managers change schedules at the last minute?

Most managers don’t change people’s schedules at the last minute.
85% of people say their manager doesn’t change their shift schedule at the last minute.
Based on data from 13 people who took the Breakroom Quiz between November 2024 and August 2026.

Do jobs at First Merchants Bank spill into time workers aren’t paid for?

Rarely. The job doesn't usually spill into unpaid time.
8% of people report that their job takes up time that they don’t get paid for.
Based on data from 13 people who took the Breakroom Quiz between November 2024 and August 2026.

How easy is it to take sick days at First Merchants Bank?

Most people find it easy to take sick days.
82% of people report that it’s easy to take time off if they are sick.
Based on data from 22 people who took the Breakroom Quiz between November 2024 and August 2026.

Is working at First Merchants Bank good if you’re a parent or caregiver?

Most parents and caregivers say this is a good place to work.
92% of people who care for a child or other relative report this is a good place to work.
Based on data from 12 people who took the Breakroom Quiz between November 2024 and June 2026.

Do people at First Merchants Bank feel treated with respect by their managers?

Most people feel treated with respect by their managers.
76% of people say they’re treated with respect by their managers.
Based on data from 21 people who took the Breakroom Quiz between November 2024 and August 2026.

Do people at First Merchants Bank get to take their breaks without interruption?

Most people get breaks without interruption.
88% of people report that they get to take their breaks without interruption.
Based on data from 16 people who took the Breakroom Quiz between December 2024 and August 2026.

Is it stressful to work at First Merchants Bank?

Some people feel stressed here.
65% of people say they often feel stressed at work.
Based on data from 20 people who took the Breakroom Quiz between November 2024 and August 2026.

Do people at First Merchants Bank enjoy their jobs?

Most people enjoy their job.
71% of people report they enjoy their job.
Based on data from 17 people who took the Breakroom Quiz between November 2024 and August 2026.

Do people at First Merchants Bank recommend working with their team?

Only some people recommend working with their team.
55% of people report that they wouldn’t recommend working with their immediate team to a friend.
Based on data from 22 people who took the Breakroom Quiz between November 2024 and August 2026.

Do people get enough training when they start at First Merchants Bank?

Some people didn’t get enough training when they started.
40% of people report they didn’t get enough training when they started working here.
Based on data from 20 people who took the Breakroom Quiz between November 2024 and August 2026.

Do people get support to advance at First Merchants Bank?

Only some people are given support to advance their career here.
In the last year, 40% of people report not being given support to advance their career here.
Based on data from 20 people who took the Breakroom Quiz between December 2024 and August 2026.

Do people think First Merchants Bank’s headquarters understands what’s happening where they work?

Most people think headquarters doesn’t understand what’s happening where they work.
80% of people think that this employer’s headquarters or owners don’t have a good understanding of what’s really happening where they work.
Based on data from 20 people who took the Breakroom Quiz between November 2024 and August 2026.

Do workers feel well informed about how First Merchants Bank is doing?

Only some people feel well informed about how the company is doing.
35% of people feel that they aren’t kept well informed about how the company is doing as a whole.
Based on data from 20 people who took the Breakroom Quiz between December 2024 and August 2026.
Infographic showing various Operational Risk Manager job openings at First Merchants in the United States as of August 2026, with employment types broken down into 97% Full Time, and 3% Part Time. Highlights an 86% Physical, 8% Hybrid, and 6% Remote job distribution.

Operational Risk Professional

Freddie Mac

Mclean, VA • On-site

$74K - $112K/yr

Full-time

This job post has expired 1 day ago. Applications are no longer accepted.


Freddie Mac rating

9.2

Company rating: 9.2 out of 10

Based on 5 frontline employees who took The Breakroom Quiz


Job description

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of everything we do. Since our charter in 1970, we have made home possible for more than 90 million families across the country. Continue your career journey where your work contributes to a greater purpose.

Position Overview:
Freddie Mac is seeking an Operational Risk Professional to join the Investments & Capital Markets (I&CM) division. Are you someone who lovesto challenge the status quo andleverageyour critical mind? Do you want your work to be meaningful and make an impactinthe housing industry? Apply now and support our mission to #makehomepossible!
Our Impact:

The Treasury Governance team within theInvestments & Capital Markets Divisionsetsthe policy and requirements thatgovernsthe end-to-end payment processand provide oversight and advisory forpayment processing activitiesacross Freddie Mac.

We help thecompany tomanage risks related topaymentprocess to an acceptable level and report on the end-to-end payment risk profile.


Your Impact:

  • Support maintenance of Payment Risk Management Frameworkthat conforms with industry leading practices,standardsand specifications;

  • Support maintenance ofCorporatepolicies,proceduresand standards for corporate payment process;

  • Support oversight of business area's compliance withCorporateprocedures for corporate payment process;

  • Support periodic corporate aggregation assessments of unmitigated payment risks across the company;

  • Support periodic reporting of the aggregated payment fraud risks, KRIs, KPIs, and KCIs for the end-to-end payment management reporting

  • Support periodic risk and control assessmentsfor payment processesas outlined in Corporate Risk Assessment Standard;

  • Support the development of end-to-end payment process control testing oversight plan;

  • Execute the end-to-end design review of controls for all payment processes

  • Execute manual/automated control testing oversight. Challenging test scripts and test of one and operating effectiveness results from anend to endview;

  • Reviewsignificantchanges thatimpactpayment processes or systems todeterminethat the risk and controls have been adequately assessed from an end-to-end view;

  • Support training Freddie Mac staff about payments fraud; industry trends andappropriate safeguardsand tips; and

  • Support other assigned governanceand advisoryactivities


Qualifications:

  • Bachelor's degree plus2-4years of operational risk/process management and/or audit experience

  • Strong working knowledge of Microsoft Office (Excel, PowerPoint, Word, SharePoint, Visio)

  • Previousbig four experience and/or relevant professional certifications (CPA, CFA, Six Sigma green belt/black belt, CIA, etc.) a plus

  • Familiarity with the COSO internal control framework

  • Knowledge of payment processing, third party and information and technology risk and control capabilities (architecture, identity and access management, software/hardware security)

  • Basic understanding of AI concepts and their business applications is a plus


Key to Success in this Role:

  • Enthusiasm for learning about AI tools and their practical implementation

  • Detail-oriented,analyticaland goodwritten and verbalcommunication skills

  • Ability to understand and work with a diverse group of stakeholders withinfirst and second linefunctions

  • Self-motivated, pro-active, and result-driven problem solver with the capability of managing multiple priorities without heavy supervision

  • Capable of working independently or within a collaborative team environment

We consider all applicants for all positions without regard to gender, race, color, religion, national origin, age, marital status, veteran status, sexual orientation, gender identity/expression, physical and mental disability, pregnancy, ethnicity, genetic information or any other protected categories under applicable federal, state or local laws. We will ensure that individuals are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.

Freddie Mac offers a comprehensive total rewards package to include competitive compensation and market-leading benefit programs. Information on these benefit programs is available on our Careers site.

This position has an annualized market-based salary range of $74,000 - $112,000 and is eligible to participate in the annual incentive program. The final salary offered will generally fall within this range and is dependent on various factors including but not limited to the responsibilities of the position, experience, skill set, internal pay equity and other relevant qualifications of the applicant.Employment Type: FULL_TIME

What Freddie Mac employees say

Pay

Hours and flexibility

Workplace

Get the full story on Breakroom


Freddie Mac logo

About Freddie Mac

Sourced by ZipRecruiter

Today, Freddie Mac makes home possible for one in four home borrowers and is one of the largest sources of financing for multifamily housing. Join our smart, creative and dedicated team and you'll do important work for the housing finance system and make a difference in the lives of others.

Industry

Finance and insurance

Company size

5,001 - 10,000 Employees

Headquarters location

McLean, VA, US

Year founded

1970