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Director Operational Risk Jobs in Oklahoma (NOW HIRING)

$180K - $220K/yr

... Director Contract type Permanent Contract Job summary As a Director in the Global Markets ... with Legal, Operations, Risk, IT, Finance and Audit stakeholders. In this role, you will be ...

$200K - $250K/yr

Define resilience objectives, key risk indicators (KRIs), key performance indicators (KPIs), key control indicators (KCIs) and other relevant metrics to measure the effectiveness of resiliency ...

... operations and objectives. You will be responsible for developing business strategies to ... Direct the team through complexity, demonstrating composure through ambiguous, challenging and ...

Operational Leadership & Integration * Lead structured operating cadence across Tulsa functions to ... Maintain visibility into supplier capacity, readiness, and performance risk. * Partner with ...

Operational Leadership & Integration * Lead structured operating cadence across Tulsa functions to ... Maintain visibility into supplier capacity, readiness, and performance risk. * Partner with ...

The Director of Operations is responsible for leading our team at the location - ensuring high ... risk to the business * Leading continual operational improvement planning * Participating in ...

The Director of Operations is responsible for leading our team at the location - ensuring high ... risk to the business * Leading continual operational improvement planning * Participating in ...

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Showing results 1-20

Director Operational Risk information

See Oklahoma salary details

$49.9K

$132.2K

$240.1K

How much do director operational risk jobs pay per year?

As of May 31, 2026, the average yearly pay for director operational risk in Oklahoma is $132,207.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,400.00 and $154,700.00 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 Oklahoma? The most popular types of Operational Risk jobs in Oklahoma are:
What are popular job titles related to Director Operational Risk jobs in Oklahoma? For Director Operational Risk jobs in Oklahoma, the most frequently searched job titles are:
What cities in Oklahoma are hiring for Director Operational Risk jobs? Cities in Oklahoma with the most Director Operational Risk job openings:
Infographic showing various Director Operational Risk job openings in Oklahoma as of May 2026, with employment types broken down into 1% As Needed, 92% Full Time, 4% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 79% Physical, 3% Hybrid, and 18% Remote job distribution, with an average salary of $132,207 per year, or $63.6 per hour.
Sr Manager Operational Risk Management

Sr Manager Operational Risk Management

MidFirst Bank

Oklahoma City, OK • On-site

Full-time

Posted 3 days ago


MidFirst Bank rating

8.0

Company rating: 8.0 out of 10

Based on 22 frontline employees who took The Breakroom Quiz

55th of 141 rated banks


Job description

Description:
Operational Risk Management (ORM) partners with Midland Mortgage Operations to strengthen the control environment, identify and assess operational risk, and ensure timely, well-supported responses to audits and regulatory exams. This role is ideal for a public accounting professional who enjoys applying an assurance mindset in an operational setting - evaluating processes, testing controls, documenting evidence, and driving practical remediation with business partners.
Rather than performing traditional audit testing, this role focuses on forward-looking risk identification, root cause analysis, and practical risk mitigation within a highly regulated mortgage servicing environment. This role serves as a trusted advisor to internal business units and as a liaison between Mortgage Operations and Internal and External oversight bodies (Internal Audit, Enterprise Risk Management, FHA, etc.) translating enterprise risk expectations into practical, operationally sound solutions.
As a manager within ORM, you will lead analysts performing process/control gap assessments, issue validation, and audit coordination/oversight activities. You will also serve as a risk and controls advisor by acting as a key liaison between Operations, Enterprise Risk Management (ERM), Compliance, Internal Audit, and regulators to ensure risks are identified, communicated, and mitigated appropriately.
  • Lead the audit/exam liaison program for Midland Mortgage Operations, coordinating end-to-end responses (request intake, evidence gathering, drafting responses, quality review, and submission) across Compliance, ERM, Internal Audit, and regulators.
  • Manage high-volume, time-sensitive deliverables under strict deadlines; apply sound audit and risk judgment to ensure responses are accurate, complete, and supported by appropriate documentation and evidence.
  • Oversee and challenge the operational control environment through risk assessments, process walkthroughs and gap analyses, and root-cause analysis. Monitor issue remediation plans, validate corrective actions, and report status and themes to senior leadership.
  • Manage, coach, and develop a team of analysts; set priorities, review workpapers and deliverables for quality, and build consistency in methodology, documentation standards, and stakeholder communications.
  • Serve as a trusted advisor to Operations and a subject-matter resource for ERM - translating business processes into risk/control language, facilitating effective challenge, and helping stakeholders understand risk acceptance, mitigation options, and residual risk.
  • Monitor emerging risk themes, operational changes, and control gaps, escalating concerns and recommendations as appropriate.

This is a high-visibility leadership role with broad exposure across the organization. Success requires a professional who brings rigor in documentation and testing, a strong command of risk and internal controls, and the ability to partner with (and appropriately challenge) Operations leaders to drive timely, sustainable risk mitigation.
Position Requirements:
You will thrive in this role if you enjoy applying structured risk and assurance practices with operational business processes. The ideal candidate can independently manage multiple workstreams, lead a team, and communicate clearly with senior leaders, auditors, and regulators - while maintaining strong attention to detail, sound professional judgment, and a bias for practical solutions.
  • 5 years of experience directly leading teams, or equivalent leadership experience gained at a large regional or Big 4 public accounting firm through progressive audit or advisory roles by managing audit engagements, directing teams of 2 or more and performing complex risk analysis.
  • Bachelor's degree in Accounting, Finance, Business, or related field required (Master's a plus); CPA strongly preferred (CIA/CISA/CRCM a plus)
  • Strong risk assessment and internal controls skillset, including process walkthroughs, control design/effectiveness evaluation, and root-cause analysis
  • Excellent written and verbal communication skills, including the ability to produce audit-ready documentation/workpapers, executive-level summaries, and regulator-ready responses
  • Proven ability to lead cross-functional initiatives, influence without authority, and drive timely outcomes in a fast-paced, deadline-driven environment
  • Experience coordinating audit/exam requests and managing issue remediation (tracking, evidence validation, and stakeholder follow-up) through closure

Preferred Experience:
  • Mortgage servicing or financial services operations experience; familiarity with regulatory exams, internal control frameworks, and/or second line of defense oversight

**This position is on-site at our corporate campus in north Oklahoma City, therefore you must reside in this area in order to be considered for this opening. **
***Incomplete online applications will not be considered***
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.

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