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Director Operational Risk Jobs in Texas (NOW HIRING)

Crow Holdings

Director, Risk Management

Dallas, TX

Position Summary The Director of Risk Management supports the execution of TCR's risk management ... Partner with development, construction, and operations teams to assess project-level risks and loss ...

Crow Holdings

Director, Risk Management

Dallas, TX · On-site

Position Summary The Director of Risk Management supports the execution of TCR's risk management ... Partner with development, construction, and operations teams to assess project-level risks and loss ...

Scotiabank

Director, GTB Product Risk Management

Dallas, TX · On-site

$230K - $241K/yr

The director supports the implementation of the operational risk framework tools, providing business support and oversight across GTB product-related activities, ensuring reliable AML risk management ...

Provident

Director - Risk Management

Dallas, TX · On-site

The Director of Risk Management will serve as a trusted advisor to internal business leaders and ... Partner with development, construction, and operations teams to assess project-level risks and loss ...

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Director Operational Risk information

See Texas salary details

$50.3K

$133.4K

$242.2K

How much do director operational risk jobs pay per year?

As of Jul 20, 2026, the average yearly pay for director operational risk in Texas is $133,399.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,300.00 and $156,100.00 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 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 Texas? The most popular types of Operational Risk jobs in Texas are:
What are popular job titles related to Director Operational Risk jobs in Texas? For Director Operational Risk jobs in Texas, the most frequently searched job titles are:
What job categories do people searching Director Operational Risk jobs in Texas look for? The top searched job categories for Director Operational Risk jobs in Texas are:
What cities in Texas are hiring for Director Operational Risk jobs? Cities in Texas with the most Director Operational Risk job openings:
Director Operational Risk jobs near you
Infographic showing various Director Operational Risk job openings in Texas as of July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $133,399 per year, or $64.1 per hour.
Director, Risk Management

Director, Risk Management

Crow Holdings

Dallas, TX

Full-time

Re-posted 18 days ago

Job description

Trammell Crow Residential (TCR) is a leading multifamily real estate developer with a local presence in 16 key U.S. markets. Over 45 years, TCR has built more than 292,000 premier multifamily residences, delivering amenity-rich communities in economically thriving locations nationwide. TCR is part of the development platform of Crow Holdings, a privately owned real estate investment and development firm with over 75 years of history, $34 billion of assets under management, and an established platform with a vision for continued success. For more information, please visit www.crowholdings.com. 

 Position Summary              

The Director of Risk Management supports the execution of TCR’s risk management and insurance strategy, working closely with the Senior Director of Risk Management to ensure effective risk mitigation across development, construction, and operational activities. This role is primarily focused on insurance program strategy, procurement, carrier and broker management, loss control, insurance compliance, and surety oversight. The Director will also directly manage the Claims Manager. This role is based in our Dallas office.

Primary Responsibilities

  • Support the execution and administration of the company’s risk management and insurance strategy across business operations, including loss prevention and safety initiatives
  • Partner with development, construction, and operations teams to assess project-level risks and loss prevention measures, and ensure compliance with insurance and bonding requirements
  • Lead enterprise-wide insurance procurement, market strategy, carrier selection, and renewal negotiations
  • Serve as the primary relationship manager for insurance brokers and carriers alongside the Senior Director, coordinating program performance, coverage enhancements, and market initiatives
  • Oversee the administration of insurance programs, including policy implementation, exposure tracking, underwriting submissions, and coordination of renewal activities
  • Support the strategic oversight and administration of the company’s surety bonding program
  • Oversee the maintenance of property schedules, exposure data, and COPE data to support underwriting, renewals, and risk analysis
  • Manage insurance compliance processes, including contract review and ensuring third-party adherence to contractual insurance requirements
  • Drive loss control initiatives and partner with the Claims Manager to analyze loss trends and reduce claim frequency and severity
  • Provide guidance to internal stakeholders on risk mitigation, loss prevention, safety best practices, and insurance requirements
  • Oversee insurance-related financial processes, including premium allocations, internal billing, and cost management
  • Assist in identifying emerging risks and implementing policies, procedures, and controls to strengthen the organization’s overall risk management strategy, including coordination with Legal on insurance, contractual risk transfer, and corporate legal structure matters

Desired Skills & Experience

  • Bachelor’s degree in Risk Management, Finance, Business Administration, Accounting, or a related field
  • 10+ years of progressive experience in risk management, preferably within real estate development or construction
  • CPCU & ARM designations
  • Demonstrated experience administering complex insurance programs and working with carriers and brokers
  • Strong understanding of construction, development, and property operations risk exposures
  • Exceptional communication, negotiation, and relationship management skills
  • Strong analytical and strategic thinking capabilities

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