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Director Of Risk Management Jobs in Cranston, RI

BankNewport

Enterprise Risk Manager

Middletown, RI · On-site

Responsible for oversight of the Bank's enterprise risk management program. * Collaborate with ... SUPERVISORY SCOPE: While the Enterprise Risk Manager doesn't have direct managerial ...

Bank Newport

Enterprise Risk Manager

Middletown, RI · On-site

$90 - $120/hr

Responsible for oversight of the Bank's enterprise risk management program. * Collaborate with ... SUPERVISORY SCOPE: While the Enterprise Risk Manager doesn't have direct managerial ...

Tali Healthcare Management

Director of Nursing

Swansea, MA · On-site

$125K - $150K/yr

The Director of Nurses (DON) primary responsibilities include planning, organizing, developing and directing the overall operation of our Nursing Service Department in accordance with current federal ...

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All JobsOf Risk Management JobsDirector Of Risk Management JobsDirector Of Risk Management Jobs in Cranston, RI

Director Of Risk Management information

See Cranston, RI salary details

$52.6K

$139.6K

$253.5K

How much do director of risk management jobs pay per year?

As of Sep 3, 2026, the average yearly pay for director of risk management in Cranston, RI is $139,604.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,900.00 and $163,300.00 per year, depending on experience, location, and employer.

What is the difference between Director Of Risk Management vs Risk Analyst?

AspectDirector Of Risk ManagementRisk Analyst
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Bachelor's degree in finance, risk management, or related field
Work EnvironmentStrategic leadership, overseeing risk policies and teamsData analysis, risk assessment, supporting risk management strategies
Industry UsageUsed in large corporations, financial institutions, insurance companiesCommon in finance, insurance, and corporate sectors

The Director Of Risk Management focuses on strategic oversight and leadership in risk policies, while the Risk Analyst handles data analysis and risk assessment tasks. Both roles are essential in risk management but differ in scope and seniority.

What does a director of risk management do?

A director of risk management oversees an organization’s strategies to identify, assess, and mitigate potential risks that could impact business operations, financial stability, or reputation. They develop risk management policies, coordinate with other departments, and ensure compliance with regulations, often using tools like risk assessment software. Strong analytical skills and industry certifications are typically required for this role.

What does a director of risk management make?

A director of risk management typically earns a salary ranging from $100,000 to $200,000 annually, depending on the industry, company size, and location. They often have advanced degrees and certifications such as CRM or ARM, and their compensation may include bonuses and benefits based on organizational risk mitigation success.

What job categories do people searching Director Of Risk Management jobs in Cranston, RI look for?

The top searched job categories for Director Of Risk Management jobs in Cranston, RI are:

What cities near Cranston, RI are hiring for Director Of Risk Management jobs?

Cities near Cranston, RI with the most Director Of Risk Management job openings:

Director Of Risk Management jobs near you
Infographic showing various Director Of Risk Management job openings in Cranston, RI as of August 2026, with employment types broken down into 78% Full Time, 18% Part Time, 1% Temporary, and 3% Contract. Highlights an 87% Physical, 3% Hybrid, and 10% Remote job distribution, with an average salary of $139,604 per year, or $67.1 per hour.

Enterprise Risk Manager

BankNewport

Middletown, RI • On-site

Other

Re-posted 13 days ago

Job description

Overview
BankNewport, is at the forefront of managing the multifaceted risks facing financial institutions. The Bank's commitment to excellence requires that an adept Enterprise Risk Manager be in place as to identify, evaluate and report on enterprise risks, as well as develop and implement strategic mitigation plans to safeguard the Bank's operations and ensure a competitive edge.
Responsibilities
  • Risk Identification & Assessment:
    • Conduct proactive identification, evaluation, and documentation of enterprise risk, including operational, financial, reputational, strategic, cyber, information security, IT, and regulatory-related risks that may hinder the Bank's objectives.
    • Utilize diverse assessment methodologies to quantify risk magnitude and anticipate potential impacts, aiming for a comprehensive understanding of risk scenarios' likelihood and consequences.
    • Provide ongoing operational risk consultation to partners to influence process changes and management support with balanced and effective solutions.
  • Strategy Development & Implementation:
    • Responsible for oversight of the Bank's enterprise risk management program.
    • Collaborate with departmental leaders to devise and refine effective risk mitigation strategies, ensuring their integration within broader business planning and operations. Align these strategies with the company's strategic ambitions, enhancing resilience against identified risks.
  • Risk Monitoring & Reporting:
    • Implement and manage a rigorous framework for continuous risk monitoring and reporting.
    • Produce detailed reports summarizing findings, analyses, and recommendations, equipping senior management and stakeholders with actionable insights for informed decision-making.
    • Facilitate the ongoing tracking of risk trends.
    • Create an acceptance of risk and exception to policy process in accordance with industry and regulatory expectations and governance. Ensure all acceptance of risks and exceptions to policy have appropriate governance oversight.
    • Identify, monitor, maintain and refresh key risk indicators and KRI dashboards for the Bank.
    • Prepare, test, and distribute KRI reporting on at least a quarterly basis.
    • Report to the Bank's enterprise risk management Committee and the enterprise risk management committee of the Board.
  • Regulatory Oversight:
    • Oversee compliance with pertinent laws, regulations, and industry norms, pinpointing any compliance or regulatory risks.
    • Stay updated on regulatory changes and industry issues impacting risk exposure and recommend program, policy or procedural adjustments to mitigate the same while supporting strategic aims.
  • Process Improvement & Best Practices:
    • Continually identify and endorse enhancements to risk management processes, adopting industry best practices to improve the organization's risk identification, assessment, and response capabilities.
  • Stakeholder Engagement & Education:
    • Promote a risk-aware culture across the organization through stakeholder engagement and tailored risk management training.
    • Ensure various business areas understand their roles and responsibilities in managing risk.
  • Cross-functional Collaboration:
    • Facilitate cross-departmental cooperation, ensuring a cohesive approach to risk management.
    • Contribute risk management insights to strategic projects, integrating risk considerations into broader decision-making processes.
  • Technology & Data Analysis:
    • Utilize risk management software and data analysis tools to boost risk assessment accuracy and efficiency.
    • Maintain risk indicators and dashboards for real-time risk profile monitoring, supporting proactive risk management strategies.

Qualifications
  • Bachelor's degree in finance, Business Administration, Risk Management, or a related field.
  • Professional certifications (e.g., CRMA, FRM) preferred.
  • Minimum 5 years of experience in enterprise risk management, audit, or a related field.
  • Demonstrated analytical skills, capable of interpreting complex data to derive insights.
  • Strong communication abilities, adept at simplifying complex information for diverse audiences.
  • Effective multitasking and project management skills, thriving in fast-paced environments.
  • Familiarity with risk management frameworks, regulatory standards, and compliance requirements.
  • Proficiency in risk management software and the Microsoft Office Suite.

Any physical demands or work conditions described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable Accommodation may be made to enable individuals with disabilities to perform the essential functions. Employees need to have the ability to:
  • Travel independently to the position's primary work location, other bank properties and work-related activities or events at locations outside the Bank.
  • Effectively communicate and exchange accurate information and ideas so others will understand.
  • Independently 0perate a computer and other office machinery, such as a calculator, copy machine, printer and software programs related to the position needed to complete the primary functions.
  • Sit or stand at a workspace and use a computer or other equipment for prolonged periods of time.
  • Meet the hybrid work schedule requirements for physically working in the office during normal business hours on Mondays and Wednesdays and another day of choice to effectively meet business needs.
  • Move office items weighing up to 35 pounds.
  • Work in an environment with low to moderate noise levels.

SUPERVISORY SCOPE:
While the Enterprise Risk Manager doesn't have direct managerial responsibilities, they play a pivotal role in interfacing with various departments, providing insights, and guiding them on compliance matters.
INDEPENDENT ACTION:
While largely self-directed, the Enterprise Risk Manager exhibits judgement in seeking external guidance or collaboration when confronted with multifaceted or nuanced situations.
BankNewport is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of race, color, religion, creed, national origin or ancestry, sex, age, physical or mental disability, veteran or military status, genetic information, sexual orientation, gender identity or expression, pregnancy, childbirth or related medical conditions, military service, marital status, or any other legally recognized protected basis under federal, state or local laws, regulations or ordinances.

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