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Director Operational Risk Jobs in Missouri (NOW HIRING)

CoxHealth

Liability Risk Manager

Springfield, MO · On-site

This role is responsible for directing the full lifecycle of professional liability, medical ... Familiarity with healthcare operations, clinical risk, and patient safety principles. * Excellent ...

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 ...

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 ...

CoxHealth

Clinical Risk Manager

Springfield, MO

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 Aug 20, 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 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 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

Liability Risk Manager

CoxHealth

Springfield, MO • On-site

Full-time

Medical, Dental, Vision, Retirement

Re-posted 24 days ago

CoxHealth rating

6.7

Company rating: 6.7 out of 10

Based on 237 frontline employees who took The Breakroom Quiz

531st of 889 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 Liability Risk Manager reports to the Administrative Director of Insurance and Risk Management and provides day-to-day management and strategic oversight of the healthcare system's claims and liability matters. This role is responsible for directing the full lifecycle of professional liability, medical malpractice, general liability, workers' compensation, and other high-risk claims, including investigation, evaluation, litigation management, resolution, and closure. The Liability Risk Manager leads complex and high-exposure matters; assesses legal liability, causation, damages, and trial risk; establishes, monitors, maintains, and justifies claim reserves; and ensures timely reporting and coordination with insurers, excess carriers, and reinsurers.
Serving as the primary liaison with defense counsel, internal legal teams, paralegals, providers, and operational leaders, the role provides strategic oversight of litigation activities, including discovery management, motion practice, settlement negotiations, mediation, and trial preparation, while protecting the organization's legal, financial, and reputational interests. The Liability 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 identify trends, manage potentially compensable events, support disclosure and resolution efforts, and implement system-wide risk mitigation strategies. Through data analysis, education, and multidisciplinary collaboration, this role promotes fiscal responsibility and a culture of safety, accountability, and continuous improvement across the healthcare system.
  • Education:
    • Required: Bachelor's Degree
    • Preferred: JD, Healthcare Degree (e.g., RN, BSN, MHA)
  • Experience:
    • Required: 5 years of professional liability claims experience
    • Preferred: Experience in medical risk management, claims management, or litigation
  • Skills:
    • Strong understanding of medical malpractice and general liability claims processes.
    • Familiarity with healthcare operations, clinical risk, and patient safety principles.
    • Excellent analytical, organizational, and problem-solving skills.
    • Excellent investigative and research skills.
    • Ability to think critically and objectively in high pressure situations.
    • Ability to communicate effectively and professionally with clinicians, executives, legal counsel, insurers, and external stakeholders, both verbally and in writing.
    • Excellent judgment skills.
    • Extraordinary attention to detail.
    • High level of discretion and capability to manage sensitive and confidential matters.
    • Proficiency with claims management systems and data analysis tools.
  • Licensure/Certification:
    • Preferred: JD, RN, CPHRM, ARM, CPCU, CPHQ

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