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Business Risk Officer, Sr

Job in Lake Elmo, Washington County, Minnesota, 55042, USA
Listing for: Old National Bank
Full Time position
Listed on 2026-06-02
Job specializations:
  • Finance & Banking
    Risk Manager/Analyst, Regulatory Compliance Specialist, Financial Compliance
Salary/Wage Range or Industry Benchmark: 81700 - 165100 USD Yearly USD 81700.00 165100.00 YEAR
Job Description & How to Apply Below
Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

We are seeking an experienced first-line risk leader to join our Consumer, Commercial and Shared Services (CCSS) Business Risk Team as the Community Banking Business Risk Officer (BRO) with a dedicated focus on Community Banking, Operations, and Strategic Business Partnership support. The ideal candidate will bring deep expertise across Treasury Management, Payments, Lending, Fulfillment, Operations, and/or Servicing, with proven experience implementing first-line risk and control programs within large financial institutions.

Experience partnering closely with Consumer Banking/Lending/Servicing, Small Business Banking/Lending/Servicing, Mortgage Lending/Servicing, and Customer Experience teams is strongly preferred.

In this role, you will build and mature front-line governance and control capabilities across consumer banking, consumer lending, small business banking, consumer servicing, and customer communications. This role is responsible for executing and sustaining core first‑line risk programs, including Issue Management, Incident and Operational Loss Management, Change Initiatives, Risk and Control Self‑Assessments (RCSA), control testing, risk metrics, and continuous monitoring. The role also supports regulatory examinations, internal audits, and ad hoc risk assessments, ensuring timely issue resolution and remediation.

Success requires outstanding collaboration, influencing skills, and the ability to translate complex risk concepts into actionable business guidance.

Success in this role requires strong communication, influencing, and relationship‑building skills, as the Business Risk Officer serves as a key liaison between the First Line of Defense, Second Line of Defense (Risk and Compliance), and Third Line of Defense (Audit). The ideal candidate can translate complex regulatory and risk concepts across multiple lines of business and operational functions.

Salary Range

The annual salary range for this position is $81,700-$165,100 plus incentive bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

First Line Risk Advisory & Governance

* Serve as a risk advisor to business leaders, providing guidance on operational, regulatory, compliance, reputational, and strategic risks.

* Partner with business teams to embed risk management into products, processes, initiatives, and customer experience.

* Support risk‑informed decision‑making by balancing business objectives with strong control discipline.

* Identify emerging risks across consumer banking/lending/servicing, small business banking/lending/servicing, and mortgage lending/servicing.

Issue & Incident Management

* Lead and oversee Issue Management activities, including…
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