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Director Operational Risk Management Jobs in Short Hills, NJ

Eitacies Inc

Risk Manager - RCSA & Controls

Manhattan, NY · On-site

$60 - $70/hr

Required Qualifications * 7+ years of experience in Risk Management, Operational Risk, Controls, or Governance functions. * Strong hands-on experience with RCSA programs and control implementation.

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All JobsOperational Risk Management JobsDirector Operational Risk Management JobsDirector Operational Risk Management Jobs in Short Hills, NJ

Director Operational Risk Management information

See Short Hills, NJ salary details

$58.8K

$155.8K

$282.9K

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

As of Sep 10, 2026, the average yearly pay for director operational risk management in Short Hills, NJ is $155,801.00, according to ZipRecruiter salary data. Most workers in this role earn between $114,800.00 and $182,300.00 per year, depending on experience, location, and employer.

What is the difference between Director Operational Risk Management vs Risk Manager?

AspectDirector Operational Risk ManagementRisk Manager
CredentialsBachelor's degree, professional certifications (e.g., FRM, CRM), extensive experienceBachelor's degree, certifications often preferred (e.g., FRM, CRM), less experience required
Work EnvironmentStrategic leadership, overseeing risk policies, managing teamsOperational risk assessment, data analysis, supporting risk strategies
Employer & Industry UsageFinancial institutions, large corporations, regulated industriesFinancial services, insurance, banking, corporate sectors

The main difference between a Director of Operational Risk Management and a Risk Manager lies in their scope and seniority. The Director typically leads risk strategies, manages teams, and influences organizational policies, while the Risk Manager focuses on assessing and mitigating risks at an operational level. Both roles require relevant certifications and industry experience, but the Director's role is more strategic and leadership-oriented.

What does a director of operational risk management do?

A director of operational risk management oversees an organization's processes to identify, assess, and mitigate risks that could disrupt operations or cause financial loss. They develop risk management strategies, implement controls, and ensure compliance with regulations, often using tools like risk assessment frameworks and reporting systems. Strong leadership, analytical skills, and industry certifications are typically required for this role.

What cities near Short Hills, NJ are hiring for Director Operational Risk Management jobs?

Cities near Short Hills, NJ with the most Director Operational Risk Management job openings:

Infographic showing various Director Operational Risk Management job openings in Short Hills, NJ as of July 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $155,801 per year, or $74.9 per hour.

Operational Risk and Control Analyst

New York, NY • On-site

Network Temp Inc
See more jobs at Network Temp Incexternal

$75K - $110K/yr

Full-time

Re-posted 22 days ago

Key responsibilities

  • Coordinate and conduct Risk and Control Self-Assessment (RCSA), including Control Testing and maintaining Risk Registers.

  • Perform analyses of risk data, conduct deep dives on controls, and identify remediation for gaps to mitigate operational risks.

  • Prepare operational risk reports, facilitate reporting to senior management, and contribute to risk assessments and risk culture initiatives.

Job description

Description:

Your Role Overview:

Risk and Control Analyst is accountable for engaging in the proactive identification, escalation, and timely mitigation of operational risks. Responsible for administering Operational Risk and Control Self-Assessment (RCSA) including Control Testing and Risk Register. Participates in the design, supervision, and implementation of an RCSA program to provide support in identifying, assessing, monitoring, and escalating the risk assessments performed by the First Line of the Bank.

The analyst is given broad exposure to all functions and business lines within the Americas Division and is expected to execute all aspects of the Operational Risk Management Framework through the 2nd line of defense oversight activities.
 

Your Duties and Responsibilities:

  1. Coordinate and conduct Risk and Control Self-Assessment (“RCSA”).
  2. Coordinate and conduct Vendor Risk Assessment, Model Risk Assessment, and Operational Risk Event (Business Continuity) Assessment.
  3. Conduct analyses of risk data to identify trends and potential areas of concern.
  4. Perform deep dives to assess the design and operational effectiveness of controls surrounding key technology and operations processes, and to identify remediation for gaps to mitigate risks.
  5. Challenge risks within scenario analysis.
  6. Maintain Risk Registers.
  7. Contribute to the New Product Approval process. 
  8. Research regulatory changes and/or risk trends applicable to area(s) of coverage.
  9. Assist in various Operational Risk related projects and initiatives.
  10. Proactively contribute to the risk culture and overall awareness of operational risk and contribute to the creation and delivery of operational risk management training and/or workshop sessions.
  11. Prepare operational risk reports, schedule meetings, takes notes, prepare minutes, and maintain files for ORM department.
  12. Provide analysis and coordination for the ORM department.
  13. Provide challenges on key indicators and material operational risks.
  14. Identify emerging operational risks in the context of the regulatory and business operation environment and assure that measures are being taken to mitigate these risks.
  15. Serve as a subject matter expert for operational risk and control assessments, and independently prepare a comprehensive report.
  16. Facilitate accurate and appropriate reporting of operational risks to senior management. 
  17. Analyze operational risk data (losses, metrics, or assessment results) to identify areas of excessive risk and to ensure that mitigation efforts are having the desired effect(s).
  18. Perform other duties and responsibilities as assigned by management.

Work schedule: 3 days onsite (Midtown Manhattan), 2 days remote

Requirements:

 Your Qualifications:

  1. Bachelor’s degree or equivalent. 
  2. A minimum of 4-5 years of prior operational risk management experience with a financial institution, including exposure to technology risk, information/cyber security risk, vendor risk and/or model risk management.
  3. Integrative thinking skills, basic risk management knowledge, good organizational, communication and influencing skills.
  4. Analytical and thorough approach to form defensible conclusions from risk assessments.
  5. Able to present to and respond effectively to internal and external stakeholders.
  6. Team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment.
  7. Able to be flexible and capable of prioritizing based on changing internal or external demands.
  8. Good computer skills in Microsoft Office including Excel, Word, and PowerPoint.