Sign up to access all features of our service.
  • Job search
  • Favorites
  • Create a CV
    New
  • Salaries
  • Subscriptions

Operational Risk Manager

Full-time

Simmons Bank

It's fun to work in a company where people truly BELIEVE in what they're doing! We're committed to bringing passion and customer focus to the business.

Position Summary

Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls to minimize operational losses, and safeguard its reputation. Leads and mentors risk management team in the development and execution of risk frameworks, works closely with business units to support risk-aware decision making, enhancement of organizational resiliency, and ensures alignment with enterprise strategy. Responsible for presenting comprehensive risk insights to executive and board-level stakeholders and ensuring continuous improvement of risk management practices across the organization.

Essential Duties and Responsibilities

  • Directs the creation, review, and continuous improvement of Operational Risk Management policies and frameworks across the organization.
  • Establishes and oversees processes for identifying, assessing, and prioritizing Operational Risks organization-wide, including Risk and Control Self-Assessments (RCSA) and Scenario Analysis.
  • Responsible for the development, execution, and oversight of risk mitigation tracking processes and supporting business units in validating effective risk controls are in place.
  • Monitor, analyze, and report on operational risk exposures to management and the board, providing actionable insights and recommendations.
  • Designs and executes risk management communication and training strategies. Supports enterprise-wide operational risk culture change initiatives.
  • Selects, implements, and optimizes GRC systems; leads tool adoption and integration.
  • Establishes a culture of proactive problem-solving; Anticipates organizational risks and develops innovative, enterprise-wide solutions for complex challenges.
  • Other duties as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Skills
  • Demonstrates exceptional communication skills at the executive and board level; crafts and delivers high-impact presentations; represents the Operational Risk function in external and high-stakes internal engagements.
  • Builds consensus among senior leadership and external partners; drives enterprise-wide Operational Risk initiatives through influence and strategic partnerships; acts as a trusted advisor on risk matters.
  • Leads advanced analytics initiatives; develops new methodologies and provides strategic insights to leadership.
  • Sets quality standards for the team; implements controls to ensure accuracy and compliance.
  • Designs and presents to executive leadership and external stakeholders; recognized as a thought leader.
Education and/or Experience
  • Advanced degree (Master’s, MBA, or equivalent) required
  • 8+ years of relevant experience in banking or financial services, including significant leadership and strategic responsibilities.
  • 5+ years of direct risk management or related experience, with extensive leadership in risk management functions and cross-functional teams. Recognized as a subject matter expert and thought leader in risk management.
Computer Skills
  • MS Office programs
  • Advanced GRC and Analytics Tools
Certificates, Licenses, Registrations
  • Risk Management Certification (CREP or similar) preferred
Other Qualifications (including physical requirements)

Other

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Activities, duties and responsibilities may change at any time with or without notice.

Skills Training

  • Communication
  • Time Management
  • Critical Thinking
Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.
Vacancy posted 4 days ago
Similar jobs that could be interesting for youBased on the Operational Risk Manager in Memphis, TN vacancy
  • Position Summary: The Risk Manager owns the strategy and execution of Barnhart's risk program — insurance structure and placement, claims...  ...the branches. It partners with Branch Managers, Safety, Operations, and Finance as a hands-on advisor and analyst who helps the... 
    Suggested
    Contract work
    For subcontractor

    Barnhart Crane and Rigging

    Memphis, TN
    1 day ago
  • $200k - $250k

     ...timePosted: 2026-11-05Closes: 2027-11-05Job Summary:The Assurance Risk Management Director leads key risk management, compliance, and quality management programs and provides technical and operational leadership across significant initiatives. The Director also leads... 
    Suggested
    Work at office

    BDO International

    Memphis, TN
    2 days ago
  • $100k - $140k

     ...WI, United States; Milwaukee, WI, United StatesSchedule: Full timePosted: 2026-11-05Closes: 2027-11-05Job Summary:The Assurance Risk Management Manager manages key risk management, compliance, and quality management activities that support audit quality and consistent... 
    Suggested
    Work at office

    BDO International

    Memphis, TN
    2 days ago
  •  ...industries.   The Specialty Finance Portfolio Manager (PM) is a critical member of the Deal...  ...opportunities, provides guidance on risk rating, evaluates transaction risks and mitigants...  ...banking subsidiary First Horizon Bank operates in 12 states across the southern U.S. The... 
    Suggested
    Full time
    Work experience placement

    First Horizon Bank

    Memphis, TN
    a month ago
  •  ...Overview Director-Risk Management Required Population Served No Job Responsibilities Job Responsibilities Participates in the loss prevention...  ...leadership, reports and/or guidance on management and operational issues. Coordinates the response to discovery devices in lawsuits... 
    Suggested

    Baptist Memorial Healthcare Corporation

    Memphis, TN
    6 days ago
  • $118.7k - $197.8k

     ...is seeking an Associate Director to help lead its Third Party Risk Management (TPRM) Program. This leader will drive consistent program...  ...policies and procedures.Strengthen governance and oversight through operating rhythms, decision forums, reporting, and escalation processes... 
    Work at office
    Remote work
    Night shift

    Deloitte

    Memphis, TN
    3 days ago
  •  ...Portfolio Manager - (Banking)Manages a commercial loan portfolio, ensuring credit quality, risk monitoring, and client relationship support.Key ResponsibilitiesFamiliarity with Franchise restaurant lendingMonitor and manage loan portfolio performanceAnalyze financials... 

    gpac

    Germantown, TN
    3 days ago
  •  ...? If so, we invite you to shape the future of digital Audit & Assurance at a world-class organization. As a Technology Risk & Compliance (TRC) Manager within our Global Audit & Assurance (A&A) Digital Products organization, you will be a cornerstone in safeguarding the... 
    Visa sponsorship

    Deloitte

    Memphis, TN
    1 day ago
  • $134.5k - $265.1k

    Position Summary Cyber Security & Risk Strategy Manager Our Deloitte Cyber team understands the unique challenges and opportunities businesses...  ...services that simplify complexity, we enable our clients to operate with resilience, grow with confidence, and proactively... 
    Local area
    Visa sponsorship

    Deloitte

    Memphis, TN
    1 day ago
  •  ...tailored debt solutions. You will partner with Relationship Managers and Credit Analysts to evaluate opportunities, draft credit memos...  ...strong communication, and the ability to mentor junior staff while improving portfolio performance and risk controls. #J-18808-Ljbffr

    First Horizon

    Memphis, TN
    5 days ago
  •  ...Simmons Bank in Memphis, TN seeks a Portfolio Manager III to provide analytical, underwriting, and portfolio management support for commercial...  ...process, collaborating with commercial bankers to manage risk and client success. The role handles moderate to high-complexity... 

    Simmons Bank

    Memphis, TN
    2 days ago
  • $80k - $100k

     ...Job Description Job Description Safety & Risk Manager — Job Description Position summary Pathmark Transportation is hiring a...  ...and risk management across our warehouse and transportation operations. This person keeps our people safe, our sites OSHA-compliant,... 
    Work at office
    Shift work

    Pathmark Transportation

    Memphis, TN
    15 days ago
  •  ...drive compliance initiatives, hazard assessments, and safety program improvements. You will oversee accreditation readiness, develop risk mitigation strategies, and ensure safe operations in facilities and construction projects while fostering a culture #J-18808-Ljbffr... 

    St. Jude Children's Research Hospital

    Memphis, TN
    3 days ago
  •  ...analysis, and execution of complex projects in cash management, corporate finance, retirement investments or risk management. develops and maintains effective...  ...resourcefully, with a goal to achieve carbon-neutral operations by 2040. FedEx has been recognized on many... 
    Relocation

    Federal Express Corporation

    Memphis, TN
    2 days ago
  •  ...applicable.Partner with associates (PMs, RMs, Operations) and clients' funding teams to resolve...  ...on accuracy, turnaround time, and risk containment.Qualifications3+ years in mortgage...  ...internal associates and clients; able to manage volume and deadlines.Bachelor's degree preferred... 

    FHN Financial

    Germantown, TN
    4 days ago
  •  ...integrated multifamily real estate company that invests in and manages apartment communities, backed by six decades of experience,...  ...Treasury Analyst plays a critical role in managing daily cash operations across 275+ bank accounts and supporting our corporate, investment... 

    Fogelman

    Memphis, TN
    5 days ago
  • $102.86k - $123.24k

     ...Description:At Regions, the Credit Products Commercial Portfolio Manager is a client-facing role that is responsible for independently...  ...are within prescribed tolerancesMaintains accountability for the risk evaluation and associated compliance requirements as defined in... 
    Full time
    Interim role
    Flexible hours

    Regions Financial

    Memphis, TN
    5 days ago
  •  ...analyse quantitative and qualitative data, lead and coach team of managers, and proactively communicate with stakeholders. They will be...  ...drive impact and create enduring value for clients in Strategy, Risk & Transactions (SR&T) and Technology & Transformation (T&T). We... 
    Work experience placement
    Visa sponsorship

    Deloitte

    Memphis, TN
    1 day ago
  • $1,000 per month

     ...weekly coaching, training, and development meetings Receive Risk Product State Licensing: Life, Accident, and Health Build life...  ..., campus orgs, student government, etc) Excellent time-management skills Interest in financial literacy and planning tools... 
    Full time
    Internship
    Local area
    Flexible hours

    Northwestern Mutual

    Memphis, TN
    3 days ago
  •  ...training classes, and web-based learning.   Compliance and risk management ~ Expected compliance with bank regulations, policies,...  ...internal controls, and the First Horizon code of ethics.   Operational efficiency Assist in conducting meetings to promote sales... 
    Full time
    Temporary work
    Work at office
    Monday to Friday

    First Horizon Bank

    Memphis, TN
    7 days ago
  •  .... Responsibilities include but are not limited to providing operational oversight for claims administration for assigned areas of responsibilities...  .... Works in partnership with the Legal Services team Risk Management Safety Finance entity leadership clinical and operational... 
    Full time

    Baptist

    Memphis, TN
    a month ago
  •  ...and prospective clients with a focus on analyzing objectives and risk tolerance to determine which financial strategies and solutions...  ...insurance licenses.4. Securities sales and client relationship management experience.5. Organized and self-motivated individual, with... 
    Full time
    Part time
    Work at office

    SunTrust Investment Services, Inc.

    Germantown, TN
    3 days ago
  • Launch your financial services career with an organization that positively impacts thousands of families and communities each year. Modern Woodmen of America is a fraternal financial services organization built to help families throughout life. Together with our members...
    Local area

    Modern Woodmen

    Memphis, TN
    2 days ago
  •  ...opportunities, and exciting rewards?? Position Details:Level: AssociateEmployment Type: Full-TimeIndustries: Financial Services | Investment Management | InsuranceKey Areas: Finance, Business Development, SalesPreferred Qualifications :At least 1+ year experience in:Client-facing... 
    Local area

    Modern Woodmen

    Southaven, MS
    5 days ago
  •  ...fraternal benefit society, we have no stockholders. We’re owned and operated by and for the benefit of our members. We specialize in...  ...Our financial representatives are "hometown" professionals who manage their own branch offices and build a business to not only serve... 
    Full time
    Work at office
    Flexible hours

    Modern Woodmen of America

    Southaven, MS
    2 days ago
  •  ...rewards Position Details: Level: Associate Employment Type: Full-Time Industries: Financial Services | Investment Management | Insurance Key Areas: Finance, Business Development, Sales Preferred Qualifications : At least 1+ year experience... 
    Full time
    Local area

    Modern Woodmen of America

    Olive Branch, MS
    2 days ago
  • $150k

     ...Forward Wealth Founded in 1991, Gallacher Capital is a comprehensive wealth management advisory firm committed to empowering advisors through innovative platforms and white-glove services. Operating as a true fiduciary, we align our interests with our clients by providing... 
    Work at office
    Remote work

    AQI Services LLC

    Memphis, TN
    2 days ago
  •  ..., allowing for membership growth and greater community impact. Our financial representatives are "hometown" professionals who manage their own branch offices and build a business to not only serve their clients, but their communities too. Modern Woodmen is an... 
    Full time
    Work at office
    Local area

    Modern Woodmen of America

    Olive Branch, MS
    2 days ago
  •  ...delivering distinctive service. The position is responsible for managing a portfolio of existing Firm clients and development of new business...  ...loans.Meet all designated Pinnacle standards for appropriate risk rating; credit soundness thresholds; and critical action items... 
    Work at office

    Pinnacle Bank

    Memphis, TN
    3 days ago
  • We are looking for Experienced Advisors to join our Team at Southern Financial Group! You've built a successful practice and now you want more. At Prudential Advisors we want to help you grow your business and be a resource to you and your clients. Prudential will...
    Full time

    Prudential Financial

    Southaven, MS
    5 days ago

Do you want to receive more vacancies?

Subscribe and receive similar vacancies to Operational Risk Manager. Be the first to apply!