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Director Operational Risk Management Jobs (NOW HIRING)

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Director Operational Risk Management information

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$54K

$143.2K

$260K

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

As of Sep 9, 2026, the average yearly pay for director operational risk management in the United States is $143,185.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,500.00 and $167,500.00 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.

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Cities with the most Director Operational Risk Management job openings:

What are the most commonly searched types of Operational Risk Management jobs?

The most popular types of Operational Risk Management jobs are:

What states have the most Director Operational Risk Management jobs?

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For Director Operational Risk Management jobs, the most frequently searched job titles are:

Infographic showing various Director Operational Risk Management job openings in the United States as of September 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 86% Physical, 2% Hybrid, and 12% Remote job distribution, with an average salary of $143,185 per year, or $68.8 per hour.

Asset & Wealth Management, Operational Risk, Analyst - Dallas

Dallas, TX

Goldman Sachs, Inc.
Finance and Insurance • 10K+ employees

Full-time

Posted 6 days ago


Goldman Sachs rating

7.8

Company rating: 7.8 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

90th of 176 rated banks


Job description

Asset Management Public Operational Risk

The Asset Management Public Operational Risk team is a First Line of Defense (1LoD) risk function responsible for identifying, assessing, managing, and monitoring operational risks within the Asset Management Public business. The team works in close partnership with investment, operations, technology, and distribution stakeholders to support effective risk ownership and ensure that key operational risks are identified, mitigated, and managed in alignment with the firm's risk appetite and risk management framework.

Position Overview

This role sits within Asset Management Public Operational Risk and supports the proactive management of operational risks across Asset Management Public businesses. The role requires a strong understanding of business processes, operating models, and key elements of the operational risk management framework, with an emphasis on risk identification, control design and execution, issue management, and ongoing risk monitoring within the business.

Responsibilities

  • Partner with business and functional stakeholders to identify, assess, and manage operational risks, taking a holistic and forward-looking view of the risk profile.
  • Review and assess business changes (e.g., new products, process changes, volume shifts, system implementations, or vendor dependencies) to identify potential operational risk impacts and ensure appropriate controls are in place.
  • Own and maintain comprehensive mappings of business processes, inherent risks, and key controls across Asset Management Public business segments.
  • Monitor, analyze, and escalate operational risk events and near misses, including performing root-cause and thematic analysis to drive sustainable risk reduction.
  • Leverage data analytics and reporting tools to enhance risk transparency, identify emerging risk trends, and support informed management decision-making.
  • Prepare clear, concise, and actionable risk reporting for Asset Management Public leadership, highlighting key risk themes, control gaps, trends, and remediation progress.

Qualifications and Skills

  • Bachelor's degree or equivalent required
  • 1-3 years of experience in Asset Management, or a related function within financial services, preferably with a risk focus.
  • Strong understanding of operational risk management concepts, control design, issue management, and risk monitoring within a first-line environment.
  • Proficiency in data analysis, reporting, and risk metrics development.
  • Exceptional analytical skills with the ability to synthesize complex information into clear, actionable insights.
  • Strong written and verbal communication skills, with demonstrated ability to effectively communicate risk matters, challenges, and recommendations to senior management and executive-level stakeholders.
  • Ability to partner confidently with business leaders and influence risk outcomes through clear, credible, and well-structured messaging.
  • Ability to work collaboratively in a fast-paced, team-oriented environment.
  • Proficiency in Excel, PowerPoint, and SharePoint; Tableau experience a plus.

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869