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Director Operational Risk Jobs in Kentucky (NOW HIRING)

Gateway First Bank

Be Seen First

Business Banking Credit Review Analyst

Louisville, KY · On-site

This role partners with Business Banking, Sales, Risk, Operations, Compliance, and payment ... Major changes in areas of responsibility may occur, as directed by management, and will require ...

Jobtailor

Field Safety Director

Lincolnshire, KY · On-site

$90 - $120/hr

Partner with Regional SVPs, Market Managers, Fixed Operations Directors, and field leadership to ... risk work, including RV roof access, fall protection, forklift operations, LOTO, hot work, and ...

New

MegaCorp Logistics

Claims Director

Newport, KY · On-site

This role provides strategic leadership for claims operations, team performance, process ... Bachelor's degree in Business, Risk Management, Insurance, Logistics, Supply Chain, Legal Studies ...

MegaCorp Logistics

Claims Director

Newport, KY

$125K - $150K/yr

This role provides strategic leadership for claims operations, team performance, process ... Bachelor's degree in Business, Risk Management, Insurance, Logistics, Supply Chain, Legal Studies ...

MegaCorp Logistics, LLC.

Claims Director

Newport, KY · On-site

$125 - $150/hr

This role provides strategic leadership for claims operations, team performance, process ... Bachelor's degree in Business, Risk Management, Insurance, Logistics, Supply Chain, Legal Studies ...

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All JobsOperational Risk JobsDirector Operational Risk JobsDirector Operational Risk Jobs in Kentucky

Director Operational Risk information

See Kentucky salary details

$46.9K

$124.4K

$225.8K

How much do director operational risk jobs pay per year?

As of Aug 8, 2026, the average yearly pay for director operational risk in Kentucky is $124,360.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,600.00 and $145,500.00 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 Kentucky? The most popular types of Operational Risk jobs in Kentucky are:
What are popular job titles related to Director Operational Risk jobs in Kentucky? For Director Operational Risk jobs in Kentucky, the most frequently searched job titles are:
What job categories do people searching Director Operational Risk jobs in Kentucky look for? The top searched job categories for Director Operational Risk jobs in Kentucky are:
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Director Operational Risk jobs near you

Manager/ Senior Manager, Defined Benefit Operations

Fidelity Investments

Covington, KY

Full-time

Posted 2 days ago

New

Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 271 frontline employees who took The Breakroom Quiz

15th of 150 rated financial services

Job description

Job Description:

Note: Fidelity will not provide immigration sponsorship for this position

**The team is open to hiring a Manager or Senior Manager depending on the qualifications of the selected candidate**

The Role

The Manager, Defined Benefit Operations leads a team of 10-15 Defined Benefit Specialists and is accountable for the quality, accuracy, and productivity of the team's work. This leader plays a key role in WI Client & Participant Services, fostering a highperformance culture and ensuring exceptional client satisfaction. You will manage daily operations for a complex Defined Benefits team (Calculations and/or Employee Resolution), providing strong oversight, process discipline, and partnership with offshore support. Major responsibilities include:

  • Communicate organizational goals, values, and expectations clearly across the team.

  • Coach, mentor, and develop team members to support performance, growth, and career development.

  • Monitor team metrics, addressing performance gaps and driving continuous improvement.

  • Improve operational processes to increase efficiency and reduce cost per participant.

  • Manage operational risk by exercising sound judgment and ensuring adherence to legal and compliance requirements.

  • Oversee capacity planning, resource allocation, budgeting, and succession planning to ensure operational stability.

  • Collaborate across Defined Benefits business partners to pursue cohesive business goals.

  • Drive a customerfocused culture and support quality initiatives.

  • Anticipate and lead organizational and operational change using data and business insight.

The Expertise and Skills You Bring

  • BS/BA preferred; MBA a plus

  • 5+ years of benefits outsourcing plan administration experience

  • Proven leadership record with strong communication skills

  • Strong operations background, especially in process management and improvement

  • Experience in financial services and/or DB outsourcing, ideally with Fortune 1000 clients

  • Strong analytical and problemsolving skills, including rootcause analysis

  • Demonstrated initiative in solving operational challenges and implementing improvements

  • Ability to lead teams through change and work crossfunctionally

  • Knowledge of transaction processing systems and participant databases

  • Proficiency in Microsoft Office

The Team

The Manager, Defined Benefit Operations builds strong, influential partnerships across internal teams to ensure high client satisfaction. Core responsibilities include:

  • Hiring, developing, motivating, and directing staff

  • Ensuring documentation of standard methodologies and compliance adherence

  • Maintaining tools and workflows to meet SLAs and support client needs

  • Monitoring productivity, quality, and volumerelated risk

  • Implementing process improvements to enhance quality and efficiency

Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.

Certifications:Category:Transaction Processing

Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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