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Director Operational Risk Jobs in Chesapeake, VA

Works closely with senior leadership to develop risk management strategies and provide insights into risk mitigation activities to safeguard the company's assets, reputation, and operations.

The Director of Benefits Operations will drive operational excellence, best practices ... risk. * Identify opportunities for cost savings, resource optimization, and operational ...

The Director of Benefits Operations will drive operational excellence, best practices ... risk. * Identify opportunities for cost savings, resource optimization, and operational ...

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Showing results 1-20

Director Operational Risk information

See Chesapeake, VA salary details

$52.4K

$139.1K

$252.5K

How much do director operational risk jobs pay per year?

As of Aug 30, 2026, the average yearly pay for director operational risk in Chesapeake, VA is $139,059.00, according to ZipRecruiter salary data. Most workers in this role earn between $102,500.00 and $162,700.00 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 Chesapeake, VA?

The most popular types of Operational Risk jobs in Chesapeake, VA are:

What job categories do people searching Director Operational Risk jobs in Chesapeake, VA look for?

The top searched job categories for Director Operational Risk jobs in Chesapeake, VA are:

What cities near Chesapeake, VA are hiring for Director Operational Risk jobs?

Cities near Chesapeake, VA with the most Director Operational Risk job openings:

Director, Risk Management

Virginia Beach, VA • On-site

$90 - $120/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 8 days ago


Job description

City/StateVirginia Beach, VAWork ShiftFirst (Days)Overview:Responsible for overseeing the identification, assessment, mitigation, and monitoring of risks that could potentially affect the organization. This role involves leading risk management activities to ensure that risks across all areas of Sentara are properly managed. Works closely with senior leadership to develop risk management strategies and provide insights into risk mitigation activities to safeguard the company's assets, reputation, and operations..EducationBachelors Degree (Required)5 year's experience required in a healthcare clinical setting (Quality Improvement, Patient Care, Healthcare Leadership, Claims management, or Patient Safety)ResponsibilitiesPlan, organize, communicate, evaluate and implement Sentara's Clinical Risk Management programRespond, investigate, report, and follow-up on concerns related to clinical care and services provided across Sentara to improve quality of care and reduce potential and actual professional liability claims through early resolutionAssist with ongoing compliance with other standards and guidelines of healthcare regulatory agenciesLead efforts in identifying and evaluating various types of risks, including financial, operational, compliance and reputationalLead the response to risk-related incidentsMonitor and report on risk management activitiesLead and mentor risk management professionalsAct as primary point of contact for internal and external stakeholders regarding risk-related matters.Benefits: Caring For Your Family and Your Career• Medical, Dental, Vision plans• Adoption, Fertility and Surrogacy Reimbursement up to $10,000• Paid Time Off and Sick Leave• Paid Parental & Family Caregiver Leave• Emergency Backup Care• Long-Term, Short-Term Disability, and Critical Illness plans• Life Insurance• 401k/403B with Employer Match• Tuition Assistance – $5,250/year and discounted educational opportunities through Guild Education• Student Debt Pay Down – $10,000•Pet Insurance•Legal Resources Plan•Colleagues have the opportunity to earn an annual discretionary bonus if established system and employee eligibility criteria is met.Sentara Virginia Beach General Hospital, located in Virginia Beach, VA, is home to the region’s only Level III Trauma Center. Our 273-bed facility has a long history of commitment to our communities of Virginia Beach, Eastern Shore, and Northeastern North Carolina, offering specialized tertiary services as well as many advanced clinical services. We are located just 15 minutes from VA Beach Town Center and just a few minutes to the Oceanfront.As a recognized accredited Primary Stroke Center, and Magnet hospital for nursing excellence, our hospital specializes in heart, vascular, neuroscience, neurosurgery, orthopedics and spine care, cancer care, advanced imaging, and behavioral health.Sentara Health is an equal opportunity employer and prides itself on the diversity and inclusiveness of its close to an almost 30,000-member workforce. Diversity, inclusion, and belonging is a guiding principle of the organization to ensure its workforce reflects the communities it serves.In support of our mission “to improve health every day,” this is a tobacco-free environment.For positions that are available as remote work, Sentara Health employs associates in the following states:Alabama, Delaware, Florida, Georgia, Idaho, Indiana, Kansas, Louisiana, Maine, Maryland, Minnesota, Nebraska, Nevada, New Hampshire, North Carolina, North Dakota, Ohio, Oklahoma, Pennsylvania, South Carolina, South Dakota, Tennessee, Texas, Utah, Virginia, Washington, West Virginia, Wisconsin, and Wyoming. #J-18808-Ljbffr