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Director Operational Risk Jobs in Indiana (NOW HIRING)

The Director, Event Operations serves as the operational backbone of the Events & Experiences ... Establish operational risk management frameworks across all strategic events * Partner closely with ...

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Director Operational Risk information

See Indiana salary details

$51.4K

$136.2K

$247.4K

How much do director operational risk jobs pay per year?

As of Jul 9, 2026, the average yearly pay for director operational risk in Indiana is $136,249.00, according to ZipRecruiter salary data. Most workers in this role earn between $100,400.00 and $159,400.00 per year, depending on experience, location, and employer.

What does a Director of Operational Risk do?

A Director of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations. They develop risk management strategies, implement controls, and ensure compliance with relevant regulations. This role typically involves collaborating with different departments, reporting to senior management, and overseeing risk assessments and audits. The goal is to minimize losses and protect the organization from potential operational failures or external threats.

How does a Director of Operational Risk typically collaborate with other departments to manage enterprise-wide risks?

A Director of Operational Risk works closely with teams across the organization—including compliance, internal audit, IT, and business unit leaders—to identify, assess, and mitigate potential risks. This collaboration often involves organizing risk assessments, sharing best practices, and developing response strategies for incidents. Regular cross-functional meetings and reporting are common, ensuring that risk management is integrated into day-to-day business operations. Effective communication and relationship-building are crucial for success in this role, as the Director must foster a risk-aware culture throughout the company.

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

AspectDirector Operational RiskRisk Manager
CredentialsTypically requires advanced degrees (e.g., MBA, Risk Management certifications)Often requires similar certifications but may have less emphasis on advanced degrees
Work EnvironmentStrategic, leadership-focused, overseeing risk frameworks across departmentsOperational, focused on identifying and mitigating specific risks within teams
Employer & Industry UsageCommon in banking, finance, insurance, and large corporationsFound across various industries including finance, healthcare, and manufacturing

The main difference is that the Director of Operational Risk typically holds a senior leadership role responsible for setting risk strategies and policies, while the Risk Manager focuses on implementing risk mitigation measures at the operational level. Both roles require relevant certifications and experience, but the Director position involves broader strategic oversight.

What are the key skills and qualifications needed to thrive as a Director of Operational Risk, and why are they important?

A Director of Operational Risk needs deep knowledge of risk management frameworks, regulatory requirements, and operational processes, typically supported by a degree in finance, business, or a related field. Familiarity with risk assessment tools, data analytics platforms, and certifications such as FRM or CRM is highly valued. Strong leadership, analytical thinking, and effective communication are essential soft skills for guiding teams and influencing stakeholders. These competencies are crucial for identifying, assessing, and mitigating risks that could impact organizational objectives and regulatory compliance.
What are the most commonly searched types of Operational Risk jobs in Indiana? The most popular types of Operational Risk jobs in Indiana are:
What are popular job titles related to Director Operational Risk jobs in Indiana? For Director Operational Risk jobs in Indiana, the most frequently searched job titles are:
What job categories do people searching Director Operational Risk jobs in Indiana look for? The top searched job categories for Director Operational Risk jobs in Indiana are:
What cities in Indiana are hiring for Director Operational Risk jobs? Cities in Indiana with the most Director Operational Risk job openings:
Director of Portfolio Monitoring and Risk

Director of Portfolio Monitoring and Risk

Aksia

Florence, IN

Other

Posted 12 days ago


Job description

Aksia Overview

Aksia is an alternative assets specialist, providing bespoke investment solutions for institutional investors globally. Our business provides clients with advisory, investment management, and research services across private credit, private equity, real assets, and hedge funds. As of December 31, 2025, Aksia advises on over $329bn and manages $35bn of client capital.

Position Overview

Aksia is seeking an individual to lead a newly expanded Portfolio Monitoring and Risk function. This role will combine existing risk and data capabilities with a broader portfolio implementation and monitoring mandate spanning client portfolios, investment execution, and ongoing portfolio oversight. The successful candidate will lead cross-functional teams supporting the development of private fund vehicles, direct/co-investment strategies, and broader client mandates across private credit, private equity and real assets.  

This position is ideally based in Aksia's New York or Chicago office, but could be based elsewhere, and will include regular interaction with global colleagues and clients, including managing a global team.

Responsibilities:

    • Lead and develop a global team of portfolio monitoring, risk, and data professionals, setting high analytical standards and firm-wide best practices.
    • Design, evolve, and refine portfolio risk and analytics models and frameworks in partnership with asset class research teams.
    • Develop and maintain portfolio planning and construction frameworks to support strategic and tactical allocation decisions.
    • Oversee onboarding of new clients, funds, and mandates, including portfolio setup and operational readiness.
    • Monitor areas of potential risk including diversification testing, guidelines, liquidity, underperforming investments, and exceptions.
    • Manage non-investment aspects of portfolios including banking relationships, lines of credit, cash/liquidity, and FX coordination.
    • Partner with clients to understand and address portfolio monitoring, implementation, and risk analytics needs.

Qualifications:

  • 7-10 years of experience across private markets in a portfolio management, implementation, data, or risk leadership role. Private credit experience strongly preferred.
  • Demonstrated track record building or leading a central reporting, portfolio management, implementation, or analytics function.
  • Proven experience leading and developing high-performing cross-functional teams.
  • Hands-on familiarity with private markets data structures, fund mechanics, and portfolio allocation processes.
  • Strong command of performance measurement and analytics for private markets (IRR, TVPI, DPI, PME, attribution frameworks, benchmark construction).
  • Ability to balance and prioritize needs across investments, operations, risk, legal, finance, and distribution.
  • High standards for accuracy, controls, and documentation, with a pragmatic approach to delivering iterative improvements

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About Aksia

Sourced by ZipRecruiter

Industry

Finance and insurance

Company size

51 - 200 Employees

Headquarters location

New York, NY, US

Year founded

2006