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Director Operational Risk Jobs in New York (NOW HIRING)

Imprint

Director, Risk Strategy & Execution

New York, NY · On-site +1

$180K - $230K/yr

Our robust technology and world-class operations allow us and our brand partners to offer powerful ... As Director, Risk Strategy & Execution, you will partner closely with the Chief Risk Officer to ...

UBS

Director, Business Risk Manager

Weehawken, NJ · On-site

$156K - $215K/yr

Your role UBS Business Solutions US LLC is seeking a Director, Business Risk Manager in Weehawken ... risk (Operational Risk (OR)) Framework as a member of the Risk Management team that supports the ...

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Director Operational Risk information

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$59.1K

$156.6K

$284.4K

How much do director operational risk jobs pay per year?

As of Jul 13, 2026, the average yearly pay for director operational risk in New York is $156,649.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,400.00 and $183,200.00 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 New York? The most popular types of Operational Risk jobs in New York are:
What are popular job titles related to Director Operational Risk jobs in New York? For Director Operational Risk jobs in New York, the most frequently searched job titles are:
What job categories do people searching Director Operational Risk jobs in New York look for? The top searched job categories for Director Operational Risk jobs in New York are:
What cities in New York are hiring for Director Operational Risk jobs? Cities in New York with the most Director Operational Risk job openings:
Director Operational Risk jobs near you
Infographic showing various Director Operational Risk job openings in New York as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, 1% Temporary, and 1% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $156,649 per year, or $75.3 per hour.
Director, Fraud Risk Oversight

Director, Fraud Risk Oversight

Fidelity Investments

Jersey City, NJ • On-site

$110K - $222K/yr

Full-time

Medical, Retirement, PTO

Re-posted 17 days ago

Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 266 frontline employees who took The Breakroom Quiz

17th of 148 rated financial services

Job description


Note: Fidelity will not provide immigration sponsorship for this position.
The Role
The Fraud Risk Oversight team works in close partnership with 1st line Fraud Operations teams and Business Units across the firm to develop and enhance overall fraud risk management framework. As a Director, you will report to the Head of Fraud Risk Oversight and play a key role in developing and leading critical components of the program, including risk governance, incident and issue management, and risk assessments. You will collaborate extensively with Fidelity's risk organization, first line fraud teams and business groups, providing subject matter expertise to support the development of a robust Fraud Risk Management program.
Key responsibilities will include:
  • Provide independent risk oversight and challenge to 1st line fraud and operational functions.
  • Conduct independent risk assessments on fraud risk management processes and controls, identify control gaps and enhancement opportunities, and provide recommendations.
  • Coordinate fraud risk incident management, including assuring end-to-end risk remediation.
  • Partner with stakeholders in development of fraud risk metrics/KRIs, risk appetite/tolerance management, and supporting taxonomies and reporting.
  • Fraud risk advisory support in the development of new products, services, and key business projects.

The Expertise and Skills You Bring
  • Preferred at least 10+ years of industry experience in roles such as Fraud Management or Operational Risk Management roles with a Fraud / Risk Management component at complex financial services institutions, e.g. brokerage, wealth management, banks or fintech companies
  • Familiarity with Fraud Risk threats and control approaches across prevention, detection, surveillance, and response.
  • Solid experience conducting risk assessments of business processes and controls, including evaluating current-state risks and control design/effectiveness, identifying gaps or issues, and developing actionable remediation plans
  • Strong knowledge of Operational Risk Management practices and approaches - including best practices related to process/risk/control framework implementation, operational risk assessments, incident management, control validation strategies, as well as the implementation of Key Risk Indicators and reporting to drive effective risk governance with business partners.
  • Project management skills preferred.
  • Excellent social skills including succinct written and verbal communication.
  • Ability to build and maintain collaborative working relationships with partner teams.

The Team
The Fraud Risk Oversight team serves as second line of defense, providing oversight and support to the enterprise-wide for Fidelity's fraud risk management program. The team is part of the Risk organization supporting Fidelity's Workplace Investing (WI), Retail Brokerage, and Wealth Management business lines, and reports directly to the Head of WI, Wealth and Brokerage Risk. More broadly, the function sits within the Fidelity's Risk Group, which includes the major Risk functions from across the enterprise and employs a range of Risk Management programs and capabilities. Central to the Risk Group's mission is close collaboration with partners throughout the Firm - including Business Leaders, Legal, Compliance, Audit, and Security - in pursuit of our common goal of protecting the Firm, its associates, and customers.
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.
The base salary range for this position is $110,000-$222,000 per year.
Placement in the range will vary based on job responsibilities and scope, geographic location, candidate's relevant experience, and other factors.
Base salary is only part of the total compensation package. Depending on the position and eligibility requirements, the offer package may also include bonus or other variable compensation.
We offer a wide range of benefits to meet your evolving needs and help you live your best life at work and at home. These benefits include comprehensive health care coverage and emotional well-being support, market-leading retirement, generous paid time off and parental leave, charitable giving employee match program, and educational assistance including student loan repayment, tuition reimbursement, and learning resources to develop your career. Note, the application window closes when the position is filled or unposted.
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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