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Director Operational Risk Jobs in Indiana (NOW HIRING)

KIPP

Director of Operations

Indianapolis, IN · On-site

POSITION OVERVIEW The Director of School Operations (DSO) will serve as a critical member of the ... Risk Management * Maintain safety specialist certification * Lead school-based efforts and ...

KIPP

Director of Operations

Indianapolis, IN · On-site

POSITION OVERVIEW The Director of School Operations (DSO) will serve as a critical member of the ... Risk Management * Maintain safety specialist certification * Lead school-based efforts and ...

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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 10, 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 Operational Risk jobs near you
Director of Treasury Services

Director of Treasury Services

Indiana Members Credit Union

Evansville, IN • On-site

Full-time

Re-posted 22 days ago

Job description

Summary/Objective:

The Director of Treasury Services oversees and manages all aspects of the banking operations for business members relative to deposit accounts. This includes supervising staff, project management, problem resolution, strategic initiatives, and operational responsibilities. Additionally, this position manages the Wire Transfer and Commercial Credit Card servicing functions for the Credit Union.

Duties/Responsibilities:

Essential functions

Reasonable accommodations may be made to enable individuals with disabilities to perform these essential functions.

Departmental Management & Leadership

  • Day-to-day management and leadership of the Treasury Operations Department and the Wire Team.
  • Plan, organize, and lead weekly Treasury Operations team meetings and bi-weekly Treasury Services departmental meetings.
  • Coach, train, and develop the Treasury Operations staff to ensure their professional development and growth meets their personal goals and the evolving necessary skill set of IMCU’s Treasury Operations Team.

Project Management

  • Evaluate, lead, and/or assist with projects in the Treasury Services and Wire Department. Examples include, but are not limited to, the following: digital banking enhancements, account opening platforms (in-branch and online), positive pay module, commercial analysis plans, business credit card servicing, wire transfer module, new product implementation, and conversions.
  • Communicate and work well with other members of IMCU’s management team as most large projects require collaboration between multiple departments.

Problem Resolution

  • Maintain extensive knowledge of all services and technology platforms offered to business members.
  • Lead the Treasury Service team in business member problem resolution cases.


Strategic Initiatives

  • Assist the VP Finance in researching and evaluating Fintech and other solutions that enhance IMCU’s offerings to business members.
  • Maintain an understanding of the digital payments space. Research new developments and emerging trends. Provide guidance and recommendations on IMCU’s ability to adapt and continue to serve members’ needs into the future.

Operational Responsibilities

  • Develop and maintain applicable policies and procedures for business online banking services and wire processing.
  • Create and maintain ACH Risk Assessment and RDC Risk Assessment.
  • Review and approve all Treasury Management Services Agreements and requests for Temporary ACH/Wire Limit increases.
  • Complete initial evaluation and an annual review on business members enrolled in ACH/Wire Origination Services.
  • Maintain the NACHA Risk Management Portal.
  • Maintain the FedACH Risk Monitoring Service.
  • Prepare and submit the DFI quarterly report for Public Depositories of Institutional Funds.
  • Review and approve wire callbacks over $500,000.
  • Review and release outgoing wires over $1,000,000 within FedLine Advantage.
  • Maintain the monthly Board Rate Slip.
  • Complete DFI and NCUA exam requests related to business services.

Competencies

  • Ability to lead and manage a team.
  • Strong project management skills.
  • Accountability for maintaining performance and member service standards.
  • Effective communication skills with both business members and IMCU team members.
  • Initiative to research and identity emerging industry trends (e.g. payments, technology).

Supervisory responsibilities

Manage and provide support for the Treasury Operations Department and the Wire Team.

Work environment

Office

Travel required

Some travel required in order to manage staff in Indianapolis and Evansville. Will also need to travel to attend conferences and training events.

Required education and experience

  • Bachelor’s degree preferred.
  • 5+ years of banking or corporate treasury experience.
  • Accredited ACH Professional (AAP) preferred. If not currently an AAP, willingness and ability to obtain the certification.

Other duties

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities and activities may change at any time with or without notice.