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Director Operational Risk Jobs in Missouri (NOW HIRING)

Mastercard, Inc.

Manager, Risk Management

O Fallon, MO · On-site

The GBSC Risk Manager is a position within our shared services organization reporting to the GBSC Risk Director. This position will provide support in further establishing and evolving an operational ...

MasterCard

Manager, Risk Management

O Fallon, MO

The GBSC Risk Manager is a position within our shared services organization reporting to the GBSC Risk Director. This position will provide support in further establishing and evolving an operational ...

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Director Operational Risk information

See Missouri salary details

$50.7K

$134.3K

$243.9K

How much do director operational risk jobs pay per year?

As of Jul 10, 2026, the average yearly pay for director operational risk in Missouri is $134,308.00, according to ZipRecruiter salary data. Most workers in this role earn between $99,000.00 and $157,100.00 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 Missouri? The most popular types of Operational Risk jobs in Missouri are:
What are popular job titles related to Director Operational Risk jobs in Missouri? For Director Operational Risk jobs in Missouri, the most frequently searched job titles are:
What job categories do people searching Director Operational Risk jobs in Missouri look for? The top searched job categories for Director Operational Risk jobs in Missouri are:
What cities in Missouri are hiring for Director Operational Risk jobs? Cities in Missouri with the most Director Operational Risk job openings:
Director Operational Risk jobs near you
Operational Risk Manager

Operational Risk Manager

Simmons Bank

Saint Louis, MO

Full-time

Posted 8 days ago

Simmons Bank rating

7.6

Company rating: 7.6 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

82nd of 146 rated banks

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Position Summary

Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls to minimize operational losses, and safeguard its reputation. Leads and mentors risk management team in the development and execution of risk frameworks, works closely with business units to support risk-aware decision making, enhancement of organizational resiliency, and ensures alignment with enterprise strategy. Responsible for presenting comprehensive risk insights to executive and board-level stakeholders and ensuring continuous improvement of risk management practices across the organization.

Essential Duties and Responsibilities

  • Directs the creation, review, and continuous improvement of Operational Risk Management policies and frameworks across the organization.

  • Establishes and oversees processes for identifying, assessing, and prioritizing Operational Risks organization-wide, including Risk and Control Self-Assessments (RCSA) and Scenario Analysis.

  • Responsible for the development, execution, and oversight of risk mitigation tracking processes and supporting business units in validating effective risk controls are in place.

  • Monitor, analyze, and report on operational risk exposures to management and the board, providing actionable insights and recommendations.

  • Designs and executes risk management communication and training strategies. Supports enterprise-wide operational risk culture change initiatives.

  • Selects, implements, and optimizes GRC systems; leads tool adoption and integration.

  • Establishes a culture of proactive problem-solving; Anticipates organizational risks and develops innovative, enterprise-wide solutions for complex challenges.

  • Other duties as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

  • Demonstrates exceptional communication skills at the executive and board level; crafts and delivers high-impact presentations; represents the Operational Risk function in external and high-stakes internal engagements.

  • Builds consensus among senior leadership and external partners; drives enterprise-wide Operational Risk initiatives through influence and strategic partnerships; acts as a trusted advisor on risk matters.

  • Leads advanced analytics initiatives; develops new methodologies and provides strategic insights to leadership.

  • Sets quality standards for the team; implements controls to ensure accuracy and compliance.

  • Designs and presents to executive leadership and external stakeholders; recognized as a thought leader.

Education and/or Experience

  • Advanced degree (Master's, MBA, or equivalent) required

  • 8+ years of relevant experience in banking or financial services, including significant leadership and strategic responsibilities.

  • 5+ years of direct risk management or related experience, with extensive leadership in risk management functions and cross-functional teams. Recognized as a subject matter expert and thought leader in risk management.

Computer Skills

  • MS Office programs

  • Advanced GRC and Analytics Tools

Certificates, Licenses, Registrations

  • Risk Management Certification (CREP or similar) preferred

Other Qualifications (including physical requirements)

Other

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. Activities, duties and responsibilities may change at any time with or without notice.

Skills Training

  • Communication

  • Time Management

  • Critical Thinking

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.

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