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Director Of Risk Management Jobs in Provo, UT (NOW HIRING)

MX Technologies, Inc.

Enterprise Risk Manager

Lehi, UT · On-site

Provide support for internal stakeholders as it relates to risk management processes and controls * Track risks in the risk register using a GRC tool and publish dashboards with the risk health of ...

MX Technologies, Inc.

Enterprise Risk Manager

Lehi, UT · On-site

Provide support for internal stakeholders as it relates to risk management processes and controls * Track risks in the risk register using a GRC tool and publish dashboards with the risk health of ...

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All JobsOf Risk Management JobsDirector Of Risk Management JobsDirector Of Risk Management Jobs in Provo, UT

Director Of Risk Management information

See Provo, UT salary details

$51.1K

$135.4K

$245.9K

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

As of Aug 9, 2026, the average yearly pay for director of risk management in Provo, UT is $135,447.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,800.00 and $158,400.00 per year, depending on experience, location, and employer.

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 industry, experience, and location. They often oversee risk assessment, mitigation strategies, and compliance efforts, requiring strong analytical and leadership skills.

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 job categories do people searching Director Of Risk Management jobs in Provo, UT look for? The top searched job categories for Director Of Risk Management jobs in Provo, UT are:
What cities near Provo, UT are hiring for Director Of Risk Management jobs? Cities near Provo, UT with the most Director Of Risk Management job openings:
Director Of Risk Management jobs near you

Director of Enterprise Risk Management - Governance

Nelnet, Inc.

Draper, UT • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 9 days ago

Nelnet rating

8.2

Company rating: 8.2 out of 10

Based on 52 frontline employees who took The Breakroom Quiz

45th of 150 rated financial services

Job description

Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert. For over 40 years, Nelnet has been serving its customers, associates, and communities.
The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team, you're part of a community invested in the success of each individual. That support comes through in our work, as we are united by our mission of creating opportunities for people where they live, learn, and work.
The Director of Enterprise Risk Management - Governance is a second line risk leader responsible for the design, coordination, and oversight of Nelnet Bank's risk governance infrastructure. As the Bank grows through higher volumes of existing products and diversifies its product base, this role ensures that governance routines, controls, and documentation scale accordingly. Reporting to the Chief Risk Officer, this position drives the cadence and discipline of the Bank's Risk Management Framework and serves as the Bank's strategic point of contact with its banking regulators.
Risk Governance Committee & Working Group Administration
  • Direct the inventory of Bank Management Committee and related meetings, partnering with Committee owners as necessary.
  • Partner across bank to ensure successful governance and execution of key Management Committee oversight and initiatives.
  • Serve as the central point of contact for the Bank's governance calendar, ensuring meeting cadence supports timely decision-making and Board/regulatory reporting needs.

Regulatory Liaison
  • Serve as the Bank's primary and strategic point of contact for banking regulators and examiners (e.g., OCC, FDIC, state banking departments) on risk governance matters.
  • Lead the coordination, preparation, and quality review of materials, responses, and documentation for regulatory examinations and inquiries.
  • Represent the Bank in regulatory exam entrance and exit meetings and in ongoing supervisory communications, in partnership with the CRO and senior management.
  • Own the relationship management cadence with regulatory agencies, ensuring consistent, transparent, and timely two-way communication between the Bank and its regulators.
  • Monitor emerging regulatory expectations and guidance, and advise the CRO, senior management, and governance committees on implications to the Bank's risk framework.
  • Partner with Legal and Compliance to ensure regulatory commitments are tracked, addressed, and closed within committed timeframes.

Issues Management Program
  • Direct the strategic management of the Bank's Issues Management program.
  • Ensure issues identified through audit, exams, quality assurance, and self-identification are logged, prioritized, and tracked to resolution.

New Product Working Group
  • Lead the Bank's New Product Working Group, facilitating cross-functional review of new and modified products and services prior to launch.
  • Direct input from legal, compliance, risk management, credit, operations, technology, and finance partners to ensure risks are identified and addressed before go-live.
  • Ensure new product risk assessments are documented and that post-launch monitoring commitments are tracked and completed.

Third Party Risk Management (TPRM) Oversight
  • Oversee the Bank's adherence to Nelnet Inc.'s Third Party Risk Management program, including risk tiering, due diligence, contract review, and ongoing monitoring requirements.
  • Partner with business units to ensure new and renewing vendor relationships follow the TPRM lifecycle from onboarding through termination.
  • Track and report on TPRM program compliance, exceptions, and remediation activities to leadership and applicable committees.

Risk Acceptance Process
  • Oversee the Bank's Risk Acceptance process, including intake, review, approval workflow, and tracking of accepted risks.
  • Ensure risk acceptance requests are reviewed by appropriate stakeholders and approval authorities based on risk level.
  • Maintain the risk acceptance inventory and drive periodic reassessment, renewal, or remediation of accepted risks.

Model Risk Management
  • Oversee the meeting schedule and agenda, partnering with model owners, validators, and other stakeholders to ensure meeting materials are distributed in advance of each meeting.
  • Maintain Committee minutes, track action items, and drive follow-up items to closure.
  • Ensure documentation is clear to support governance, audit, and regulatory review.

Policy Governance
  • Oversee the review and approval of Bank policies according to schedule through the appropriate Committees and the Board.
  • Maintain a policy inventory and calendar, tracking policy owners, review cycles, and approval status.
  • Escalate overdue or at-risk policy reviews to management and drive timely resolution.

Contract Management System
  • Maintain oversight of a contract management system serving as the centralized repository for Bank contracts.
  • Ensure processes are in place to track key terms, obligations, renewal and expiration dates, and contract ownership.
  • Partner with Legal, Procurement, and business owners to drive adoption and ongoing maintenance of the system.

Bank Insurance Oversight
  • Partner with Nelnet Inc. to maintain visibility into the Bank's insurance program, including policy renewals, coverage adequacy assessments, and claims coordination.
  • Partner with Nelnet's Enterprise Risk Management team to ensure coverage aligns with the Bank's risk profile and growth trajectory.

Credit Bureau Reporting Oversight
  • Partner with Nelnet Inc. to maintain visibility into the Bank's credit bureau reporting processes, ensuring accuracy, timeliness, and completeness of furnished data.
  • Ensure dispute resolution processes and reporting practices comply with applicable regulations (e.g., FCRA, Metro 2 reporting standards).

Annual compensation range for this role is $180,000-$200,000 depending on experience.
Location: Preference is for candidates based in Draper, UT; however, we are also open to candidates in Lincoln, NE. This is a hybrid position, and associates are required to work 24 hours per week onsite (typically three days per week), with the remaining hours worked remotely.
Please note that we are unable to provide visa sponsorship for this position. To be considered, candidates must already be authorized to work in the United States without the need for current or future sponsorship.
Summary of Qualifications
  • 10+ years of experience in risk management, governance, audit, or compliance within banking or financial services, including experience operating at a senior/director level.
  • Demonstrated experience serving as a direct point of contact with banking regulators and examiners, representing the organization in supervisory interactions.
  • Demonstrated experience with committee governance, policy management, and issues management programs.
  • Experience with Third Party Risk Management programs and vendor risk oversight.
  • Experience working in a regulated banking environment.
  • Strong leadership, project management, and organizational skills, with the ability to direct multiple concurrent workstreams and deadlines across a governance function.
  • Excellent written and verbal communication skills, with demonstrated experience preparing and presenting materials to management committees, the Board, and regulatory agencies.
  • Independent, detail-oriented, and process-driven, with sound judgment and the ability to exercise independent challenge and influence senior stakeholders.
  • Bachelor's degree required; advanced degree a plus.
  • Recommended: CRCM, CRMA, CTPRP, and/or PMP certifications.

Our benefits package includes medical, dental, vision, HSA and FSA, generous earned time off, 401K/student loan repayment, life insurance & AD&D insurance, employee assistance program, employee stock purchase program, tuition reimbursement, performance-based incentive pay, short- and long-term disability, and a robust wellness program. Click here to learn more about our benefits: Benefits & Perks - Nelnet Inc.
Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer, we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race, color, religion/creed, national origin, gender, sex, marital status, age, disability, use of a guide dog or service animal, sexual orientation, military/veteran status, or any other status protected by federal, state, or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.
Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at 402-486-5725 or corporaterecruiting@nelnet.net.
Nelnet is a Drug Free and Tobacco Free Workplace.
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About Nelnet

Sourced by ZipRecruiter

Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, and K-12 and higher education expert. For over 40 years, Nelnet has been serving its customers, associates, and communities.

Industry

It services

Company size

5,001 - 10,000 Employees

Headquarters location

Lincoln, NE, US

Year founded

2003

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