Business Risk Officer, Sr

Payment Operations/Treasury Management Business Risk Officer

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.

We are seeking an experienced first-line risk leader to join our Consumer, Commercial and Shared Services (CCSS) Business Risk Team as a Payment Operations/Treasury Management Business Risk Officer (BRO) with a dedicated focus on Treasury Management, Payment Operations, and Digital Banking support. The ideal candidate will bring deep expertise in payment products and operational processes, including ACH, Wire Transfer, Check Processing, Lockbox, Merchant Services, Card Services, Digital Payments, Foreign Exchange (FX), and emerging payment platforms.

The successful candidate will have demonstrated experience assessing operational, fraud, sanctions, compliance, regulatory, and customer risks while ensuring adherence to applicable banking regulations, payment network requirements, and enterprise risk standards.

In this role, you will build and mature front-line governance and control capabilities across Treasury Management, Financial Institutions Group (FIG), Product and Digital Banking, and Payment Operations functions. You will be responsible for executing and sustaining core first-line risk programs, including Issue Management, Incident and Operational Loss Management, Change Risk Management, Risk and Control Self-Assessments (RCSA), control testing, risk metrics, and continuous monitoring oversight.

The role also supports fraud risk management activities, operational resiliency initiatives, regulatory examinations, internal audits, and ad hoc risk assessments, ensuring timely issue resolution and effective remediation.

Success in this role requires exceptional 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 into actionable business guidance, challenge business decisions through a risk-based lens, and partner effectively with leaders across Treasury Management, Payments, Operations, and Digital Banking to maintain a strong and sustainable control environment.

Salary Range: $81,700/yr - $165,100/yr plus 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:

• Provide risk oversight for payment products and operational processes including ACH, Wire Transfer, Check Processing, Lockbox, Merchant Services, Card Services, Digital Payments, and emerging payment platforms.
• Assess payment-related operational, fraud, sanctions, compliance, and customer risks while ensuring adherence to regulatory and network requirements.
• Partner with Treasury Management…