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Director Operational Risk Jobs in Massachusetts (NOW HIRING)

Director, Investment Risk

Boston, MA · On-site

$200 - $250/hr

The Director, Investment Risk will establish a centralized investment risk function within the ... operational or regulatory matters. * Support internal, client, and consultant due diligence ...

... The Director, Analytics & Compliance will own the end-to-end strategy, operating model, and ... operational risk trends, with clear recommendations on business value, control implications ...

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Director of Risk Management

Braintree, MA · On-site

$130K - $140K/yr

Schochet is looking for an experienced Director of Risk Management to lead our company-wide risk ... You'll partner with Property Management, Operations, Maintenance, Finance, and executive leadership ...

... direct threats to personnel, operational disruptions, and other emerging risks. This is a high ... About Kroll Join the global leader in risk and financial advisory solutions-Kroll. With a nearly ...

You will play a key role in ensuring compliance with regulatory requirements, supporting operational risk and compliance activities, and enabling strategic growth initiatives, including international ...

Showing results 21-40

Director Operational Risk information

See Massachusetts salary details

$59K

$156.4K

$284K

How much do director operational risk jobs pay per year?

As of Sep 9, 2026, the average yearly pay for director operational risk in Massachusetts is $156,375.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,200.00 and $182,900.00 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 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 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 most commonly searched types of Operational Risk jobs in Massachusetts?

The most popular types of Operational Risk jobs in Massachusetts are:

What are popular job titles related to Director Operational Risk jobs in Massachusetts?

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

What job categories do people searching Director Operational Risk jobs in Massachusetts look for?

The top searched job categories for Director Operational Risk jobs in Massachusetts are:

What cities in Massachusetts are hiring for Director Operational Risk jobs?

Cities in Massachusetts with the most Director Operational Risk job openings:

Infographic showing various Director Operational Risk job openings in Massachusetts as of September 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $156,375 per year, or $75.2 per hour.

Associate, Enterprise Risk Management

Boston, MA • Hybrid

HarbourVest
Investment Clubs and Venture Capital Companies • 201 - 500 employees

$90K - $100K/yr

Full-time

Medical, Retirement, PTO

Posted 13 days ago


Job description

Job Description Summary

For over forty years, HarbourVest has been home to a committed team of professionals with an entrepreneurial spirit and a desire to deliver impactful solutions to our clients and investing partners. As our global firm grows, we continue to add individuals who seek a collaborative, open-door culture that values diversity and innovative thinking.

In our collegial environment that's marked by low turnover and high energy, you'll be inspired to grow and thrive. Here, you will be encouraged to build on your strengths and acquire new skills and experiences.

We are committed to fostering an environment of inclusion that promotes mutual respect among all employees. Understanding and valuing these differences optimizes the potential of both the individual and the firm.

HarbourVest is an equal opportunity employer.

This position will be a hybrid work arrangement. You will receive 18 remote workdays per quarter to use at your discretion, subject to manager approval. For example, you may choose to work in the office 4 days per week and take one remote day weekly (typically 13 weeks per quarter), leaving 5 additional remote days to be used as needed.

HarbourVest Partners is seeking an Associate - Enterprise Risk Management (ERM) who will support the Director, Enterprise Risk Management with the maintenance of the risk framework, incident management and the buildout of risk metrics. This role will focus on both the enterprise operational areas and technology functions that will conduct the independent identification and assessment of risks and issues. Grow your career with a firm known for its entrepreneurial spirit and collaborative culture.

The ideal candidate is someone who is:
  • Exceptionally analytical and diligent

  • Demonstrates skill in managing and evaluating risk

  • Adept at using data to drive decision-making

  • A strong communicator and great teammate

  • Ambitious with a dedication to continuous improvement

  • Experienced in implementing risk management frameworks including facilitation of the Risk and Controls Self-Assessment (RCSA) process

What you will do:
  • Maintain the enterprise/operational risk frameworks, ensuring alignment with organizational objectives and regulatory requirements

  • Facilitate the Risk and Control Self-Assessment (RCSA) process

  • Collaborate with cross-functional teams to develop, implement and monitor risk mitigation strategies and action plans

  • Support the ERM Incident Management Program through risk event triage

  • Utilize AI to enhance risk analytics

  • Provide training and support on risk management approaches

  • And other responsibilities as required

What you bring:
  • Demonstrated background in ERM or a related area

  • Understanding of financial services operational risks, controls, and processes

  • Strong analytical skills and attention to detail

  • Ability to communicate complex risk concepts clearly

  • Critical thinking and problem-solving skills

  • Ability to work independently in a fast-paced environment and deliver a high-quality work product while meeting key deadlines

  • Ability to build and manage relationships with internal and external partners across all levels at the Firm

  • Strong ethical standards and professional integrity

Education Preferred:
  • Bachelor of Arts (B.A) / Bachelor of Science (B.S) or equivalent experience in Accounting, Finance, or Management Information Systems

Experience:
  • 5-8 Years experience in enterprise risk management or a similar role preferred (Senior Associate level)

  • Proficiency in Excel, Word and PowerPoint required; ServiceNow or similar GRC tool experience preferred

#LI-Hybrid

Base Salary Range

$90,000.00 - $100,000.00

This USD base salary range represents only one component of total compensation for this role and is provided in accordance with local requirements. This role is eligible for a discretionary annual bonus, which is determined based on individual and overall firm performance. In addition to salary and bonus, total compensation may include eligibility for long-term reward programs and a comprehensive total rewards package that may include retirement, health, insurance, paid time off, and wellness programs. Our total rewards offerings are influenced by several business factors, and eligibility for certain components will vary by position and geography. Please note the posted ranges do not apply outside the U.S. and should not be converted to other currencies as a proxy for compensation in other countries.