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Director Operational Risk Jobs in Missouri (NOW HIRING)

CoxHealth

Clinical Risk Manager

Springfield, MO · On-site

Benefits | CoxHealth The Clinical Risk Manager reports to the Administrative Director of Insurance ... Working in partnership with clinical and operational leaders, the Clinical Risk Manager recommends ...

Parsons

Business Analyst - Risk

Saint Louis, MO

... directed program elements. * Provide input, develop, and implement a multi-year strategic ... Provide input for taskers, auditing process that spans daily operational status, enterprise ...

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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 May 29, 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 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.

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 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.

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 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
Clinical Risk Manager

Clinical Risk Manager

CoxHealth

Springfield, MO • On-site

Full-time

Medical, Dental, Vision, Retirement

Posted 23 hours ago

CoxHealth rating

6.6

Company rating: 6.6 out of 10

Based on 227 frontline employees who took The Breakroom Quiz

554th of 864 rated healthcare providers

Job description

Facility:
CoxHealth South: 3801 S National Ave, Springfield, Missouri, United States of America, 65807
Department:
1742 Risk Management
Scheduled Weekly Hours:
40
Hours:
8:00 AM - 5:00 PM
Work Shift:
Day Shift (United States of America)
CoxHealth is a leading healthcare system serving 25 counties across southwest Missouri and northern Arkansas. The organization includes six hospitals, 5 ERs, and over 80 clinics. CoxHealth has earned the following honors for workplace excellence:
  • Named one of Modern Healthcare's Best Places to work five times.
  • Named one of America's Greatest Workplaces by Newsweek.
  • Recognized as a Greatest Workplace for Women in both 2023 and 2024.
  • Listed as one of the Greatest Workplaces for Diversity in 2024.
  • Acknowledged by Forbes as one of the Best Employers for New Grads.
  • Ranked among the Best Employers by State for Missouri.
  • Healthcare Innovation's Top Companies to Work for in Healthcare in 2025.

Benefits
  • Medical, Vision, Dental, Retirement Plan with employer match, and many more!
  • For a comprehensive list of benefits, please click here: Benefits | CoxHealth

Job Description:
The Clinical Risk Manager reports to the Administrative Director of Insurance and Risk Management and is responsible for identifying, investigating, analyzing, and mitigating clinical risk across the healthcare system. This role conducts comprehensive investigations of adverse medical events to assess potential liability exposure, identify contributing factors and system vulnerabilities, and detect trends impacting patient safety and quality of care. The Clinical Risk Manager supports the management of claims and litigation by developing factual analyses, coordinating with internal stakeholders, and providing risk-based insights.
The Clinical Risk Manager collaborates closely with Legal, Patient Safety, Regulatory Affairs, Medical Staff Quality, Compliance, Patient Experience, Security, Patient Financial Services, clinical partners, and leadership to reduce organizational risk and promote high-quality, safe care. Responsibilities include investigating and responding to adverse events, patient grievances, and billing disputes; participating in multidisciplinary case reviews and committees; and contributing to systemwide initiatives focused on patient safety, quality improvement, and risk reduction.
In addition, the Clinical Risk Manager plays a key role in risk education and prevention by providing consultation and education to providers, clinical staff, leaders, and interdisciplinary teams. The role proactively analyzes data, trends, and emerging risks related to patient safety and professional liability, and develops and implements targeted risk mitigation and educational strategies. Working in partnership with clinical and operational leaders, the Clinical Risk Manager recommends and supports the implementation of sustainable risk reduction initiatives aligned with the organization's mission, values, and strategic goals.
  • Education:
    • Required: Bachelor's Degree in Nursing
  • Experience:
    • Required: 5 years of clinical experience
    • Preferred: Experience in clinical risk management, claims management, patient safety, or a related healthcare quality role.
  • Skills:
    • Strong clinical judgment and critical thinking skills.
    • Excellent assessment, investigation, and analytical skills.
    • Excellent written and verbal communication skills.
    • Skilled in active listening and use of effective interview techniques.
    • Ability to collaborate across disciplines and levels of the organization.
    • Ability to develop and deliver effective educational content.
    • Ability to manage sensitive and confidential information with discretion.
  • Licensure/Certification:
    • Required: RN license
    • Preferred: CPHRM, ARM, CPCU, CPHQ

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