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Director Operational Risk Jobs in Rhode Island (NOW HIRING)

Clinical Director

Greenville, RI · On-site

$85K - $105K/yr

... operations, including recruitment, interviewing and hiring. The Clinical Director ensures clinical integrity and compliance through local monitoring and risk management. Location: 300 Toll Gate Rd ...

Clinical Director

South Kingstown, RI · On-site

$85K - $105K/yr

... operations, including recruitment, interviewing and hiring. The Clinical Director ensures clinical integrity and compliance through local monitoring and risk management. Location: 300 Toll Gate Rd ...

Clinical Director

Riverside, RI · On-site

$85K - $105K/yr

... operations, including recruitment, interviewing and hiring. The Clinical Director ensures clinical integrity and compliance through local monitoring and risk management. Location: 300 Toll Gate Rd ...

Clinical Director

Providence, RI · On-site

$85K - $105K/yr

... operations, including recruitment, interviewing and hiring. The Clinical Director ensures clinical integrity and compliance through local monitoring and risk management. Location: 300 Toll Gate Rd ...

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Showing results 1-20

Director Operational Risk information

See Rhode Island salary details

$52.9K

$140.2K

$254.6K

How much do director operational risk jobs pay per year?

As of May 30, 2026, the average yearly pay for director operational risk in Rhode Island is $140,222.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,300.00 and $164,000.00 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 Rhode Island? The most popular types of Operational Risk jobs in Rhode Island are:
What job categories do people searching Director Operational Risk jobs in Rhode Island look for? The top searched job categories for Director Operational Risk jobs in Rhode Island are:
What cities in Rhode Island are hiring for Director Operational Risk jobs? Cities in Rhode Island with the most Director Operational Risk job openings:

Head of Enterprise Risk Management

Brightstar Lottery

Providence, RI • Hybrid

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 24 days ago


Job description

Brightstar is an innovative, forward-thinking global leader in lottery that builds on our renowned expertise in delivering secure technology and producing reliable, comprehensive solutions for our customers. As a premier pure play global lottery company, our best-in-class lottery operations, retail and digital solutions, and award-winning lottery games enable our customers to achieve their goals, fulfill player needs and distribute meaningful benefits to communities. Brightstar has a well-established local presence and is a trusted partner to governments and regulators around the world, creating value by adhering to the highest standards of service, integrity, and responsibility.  Brightstar has approximately 6,000 employees. For more information, please visit www.brightstarlottery.com.

Overview

We are seeking a Head of Enterprise Risk Management to lead the continued evolution of our enterprise risk management capability across a global, regulated, technology-enabled business. This role is responsible not only for maintaining and enhancing the ERM framework, but also for improving risk maturity across the enterprise by helping leaders translate high level risks into clear ownership, practical mitigating actions, and strong decision making.

This is a highly visible role for a senior individual contributor who combines executive presence with operational pragmatism. The successful candidate will be equally comfortable advising senior leadership and the Board, facilitating risk discussions with leaders who may be less risk-articulate, and personally driving core ERM activities such as assessments, reporting, governance and follow-though on mitigation planning.

The role will initially operate as an individual contributor and will be expected to help shape the future ERM operating model, including recommendations for processes, systems, governance and potential resourcing as the program matures.

This role reports to the VP of Corporate Strategy and is based on Providence, RI, with a hybrid working environment.

Responsibilities

Key Responsibilities:

  • ERM Strategy & Framework
    • Lead the continued evolution of the global ERM framework ensuring alignment with company strategy, business priorities and regulatory expectations.
    • Partner with executive leadership to clarify risk appetite, tolerance, governance expectations and escalation protocols.
    • Assess the maturity of the ERM program and implement practical improvements to governance, reporting, risk ownership and supporting processes
    • Recommend how the ERM capability should scale over time including opportunities to implement new technologies that create efficiencies in the program
  • Risk Identification & Assessment
    • Lead enterprise-wide, cross functional risk assessments, covering strategic, operational, financial, compliance, cybersecurity, and reputational risks.
    • Facilitate risk workshops with leaders and teams to move from top-down risk themes to specific risk drivers, scenarios, ownership, controls and mitigating actions.
    • Support business leaders to articulate risk in practical business terms and develop credible mitigation plans, accountabilities and follow-up actions
    • Challenges where needed, but also coach and guide leaders so risk management becomes embedded in day-to-day decision making.
  • Risk Monitoring & Reporting
    • Develop and maintain risk reporting dashboards, heat-maps, key risk indicators (KRIs) and mitigation tracking to support executive and board level discussions.
    • Prepare concise decision-oriented risk insights and mitigation strategies to the Board of Directors, Audit Committee, and senior leadership.
  • Cross-Functional Collaboration
    • Serve as a trusted advisor to Legal, Finance, IT, Security, Product, HR, and other teams to embed risk management into decision-making processes.
    • Bring gravitas and communication skills to engage constructively with senior stakeholders, including those without a formal risk background
    • Mentor and coach leaders, risk owners and contributors to improve the ability to identify, assess, manage and report risks within the business
    • Support internal audit and compliance functions with risk-based planning and execution.
  • Technology , Innovation, and Resilience
    • Facilitate discussions with senior leaders to evaluate risks associated with emerging technologies, AI/ML, cloud infrastructure, data privacy, and global product launches.
    • Support business continuity, crisis management, and resilience planning as part of the broader enterprise risk capability
    • Stay ahead of regulatory developments and industry trends impacting the tech sector.
    • Oversee other special projects and strategic initiatives that ERM becomes involved with
Qualifications
  • Bachelor's degree in risk management, Business, Finance, or related field; Master's or MBA preferred.
  • Typically requires a minimum of 15 years of related experience with a Bachelor's degree; or 12 years and a Master's degree; or a PhD with 8 years experience; or equivalent experience.
  • Experience in enterprise risk management, preferably in a global technology or innovation-driven company.
  • Strong understanding of regulatory environments (e.g., GDPR, SOX, ISO 31000, NIST).
  • Proven ability to influence and collaborate with senior executives and cross-functional teams.
  • Excellent analytical, communication, and leadership skills.
  • Proven ability to synthesize key messages and takeaways into concise and well-crafted presentations directed to a senior audience
  • Certifications such as CRM, FRM, or CERA are a plus.

Key Skills:

  • Experience with risk management software and data analytics tools
  • Global mindset and experience working across multiple geographies and cultures.
  • Ability to thrive in ambiguity and drive change in complex environments.
  • Ability to work autonomously and drive own work deliverables
  • Ability to operate as both a strategist and hands-on practitioner: comfortable building frameworks, facilitating workshops, drafting board materials, and following through in detail personally
  • Skilled at translating abstract risks into specific actionable business responses
  • Strong communication skills, including the ability to produce concise, senior-ready materials and work effectively with leaders across functions and geographies
  • Experience helping organizations improve risk maturity, governance and accountability over time: prior consulting experience preferred.
Success Profile

 Leading Complexity
Leading People
Leading the Business
Leading Self

#LI-KM1 #LI-HYBRID

At Brightstar, we consider a wide range of factors in determining compensation, including background, skills, experience, and work location. These factors can cause your compensation to vary. The estimated starting compensation range is $117,880 - $240,000. The actual pay offered may end up being higher or lower. The Company will comply with all local pay requirements and collective bargaining agreements, where applicable.

Base pay is only one part of our Total Rewards program.  Sales roles may be eligible for commission payments, while other roles are eligible for discretionary bonuses.  In addition, we offer employees a 401(k) Savings Plan with Company contributions, health, dental, and vision insurance, life, accident, and disability insurance, tuition reimbursement, paid time off, wellness programs, and identity theft insurance. Note: programs are subject to eligibility requirements.

All Brightstar employees have a role in information security. Annual training will be assigned and required as appropriate.