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Director Operational Risk Jobs in Chesapeake, VA

USAA

Manager, Claims Operations - Auto

Chesapeake, VA · On-site +1

$103K - $197K/yr

Drives execution of operational risk management, regulatory compliance training, policies and ... years of direct team lead, supervisory or management experience. * Experience using and ...

Posted today

Old Dominion University

AUDIT DIRECTOR

Norfolk, VA · On-site

The Director provides strategic and operational oversight to the University Audit function, leading the development and execution of a dynamic, risk-based audit plan aligned with institutional ...

Smithfield Foods

SVP, Supply Chain

Suffolk, VA

$173K - $196K/yr

... operational risk * Lead organizational design, capability building, and succession to ensure a high ... as directed by law. If you are an individual with a disability and would like to request a ...

Smithfield Foods, Inc.

SVP, Supply Chain

Suffolk, VA · On-site

$173K - $196K/yr

... operational risk * Lead organizational design, capability building, and succession to ensure a high ... as directed by law. If you are an individual with a disability and would like to request a ...

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All JobsOperational Risk JobsDirector Operational Risk JobsDirector Operational Risk Jobs in Chesapeake, VA

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 5, 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 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 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 Operational Risk jobs near you

Director, Resident Screening & Risk Strategy (Multifamily)

Harbor Group Management

Norfolk, VA • On-site

$140K - $165K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 7 days ago

Job description

Harbor Group Management Company is a multi-billion dollar real estate investment and property management firm. As we continue to grow, we are looking for passionate, goal oriented, creative individuals with an entrepreneurial spirit and great communication skills. Harbor Group is dedicated to outstanding customer service and providing exquisite living experience for our residents.
Director, Resident Screening & Risk Strategy (Multifamily)
Job Title: Director, Resident Screening & Risk Strategy (Multifamily)
Location: Norfolk, VA or Greater Dallas Area, TX (Candidate must reside in either location)
*This position's posted compensation range is based on the Norfolk, VA labor market. Actual compensation will be determined based on factors including, but not limited to, geographic location, relevant experience, qualifications, and business needs. Compensation for candidates residing in the Dallas, TX market may vary from the posted range.
Overview
The Director, Resident Screening & Risk Strategy provides strategic leadership, oversight, and governance of Harbor Group's resident screening programs across the multifamily portfolio. This position sets the enterprise screening strategy, ensures legal and regulatory compliance, elevates risk-management practices, and drives continuous improvement in applicant screening processes. The Director oversees the Multifamily Screening Manager and partners closely with Operations, Revenue Management, Marketing, Legal, and external vendors to ensure screening practices optimize both compliance and property performance.
Key Responsibilities
1. Strategy, Governance & Policy Leadership
  • Develop and own the enterprise-level screening strategy, ensuring policies support revenue goals, risk mitigation, and Fair Housing compliance.
  • Establish the framework for rental qualification criteria, verification standards, credit/criminal evaluation, and portfolio-wide screening settings.
  • Approve all policy changes and ensure the Manager executes implementation and documentation.
  • Evaluate emerging legislation, industry trends, and best practices; proactively update the screening strategy to maintain compliance and competitive strength.

2. Compliance Oversight & Risk Management
  • Serve as the primary owner of screening compliance standards, ensuring alignment with federal, state, and local regulations.
  • Oversee enterprise audit functions, including quarterly risk reviews, system configuration audits, and vendor performance assessments.
  • Lead escalations related to screening disputes, adverse action trends, regulatory inquiries, and higher-risk applicant issues.
  • Develop enterprise-level risk mitigation strategies and collaborate with Legal as needed.

3. Cross-Functional & Executive Collaboration
  • Partner with senior Operations, Asset Management, and Revenue leaders to ensure screening policies align with revenue, occupancy, and portfolio goals.
  • Work closely with Marketing and Operations on applicant quality trends, fraud deterrence, and workflow improvements.
  • Serve as senior point of contact for external screening vendors and negotiate contract terms alongside Procurement.
  • Present screening performance, risk findings, and policy recommendations to executive leadership.

4. Program & Process Optimization
  • Direct the development and enhancement of screening workflows, technology capabilities, and system configuration across multiple platforms.
  • Identify opportunities to streamline processes, reduce application friction, and improve applicant quality.
  • Champion initiatives to enhance fraud detection, identity verification, and data accuracy.

5. Leadership & Team Management
  • Supervise and mentor the Multifamily Screening Manager, setting priorities, workflows, and developmental goals.
  • Oversee training strategy while delegating delivery and content execution to the Manager.
  • Build a culture of accountability, collaboration, and high performance across the screening team.

6. Portfolio Analysis & Reporting
  • Review portfolio-level screening performance and trends, including approval/denial rates, adverse action trends, risk flags, and revenue impacts.
  • Direct the Manager to produce routine market assessments, data audits, and reporting packages.
  • Prepare executive-level insights and recommendations based on data trends and risk analysis.

Qualifications
  • Bachelor's degree required; advanced degree or compliance certification preferred.
  • 6-8+ years' experience in tenant screening, compliance, Fair Housing, policy development or related field required.
  • Demonstrated leadership experience managing direct reports or a large-scale program.
  • Strong understanding of tenant screening procedures, air housing laws, and regulatory compliance requirements.
  • Proven ability to collaborate cross-functionally and influence senior stakeholders.
  • Exceptional analytical, strategic-thinking, and communication skills.

#LI-TB1
WHAT WE OFFER:
  • Competitive Salaries & Bonuses
  • Medical, Dental & Vision Plans
  • 401(k) Plan with Employer Matching Contributions
  • Paid Time Off (PTO) & 10+ Paid Holidays
  • Paid Parental Leave
  • Paid Birthday Off (Multifamily)
  • Flexible Spending Accounts
  • Company-Paid Long-Term Disability
  • Company-Paid Life Insurance
  • Short-Term Disability
  • Health Savings Account with Employer Contributions
  • Pre-Tax Commuter Benefit (Corporate)
  • Wellness Perks
  • FinFit Financial Wellness Program
  • Legal Resources
  • Employee Apartment Discount
  • Employee Referral Program
  • Employee Assistance Program
  • Tuition Reimbursement
  • Insta Pay Eligible
  • Volunteer & Community Service Opportunities
  • Employee Recognition & Awards

Benefit eligibility will be determined at the time of hire. Eligibility for certain benefits may vary based on position, location, hours worked, and other qualifying criteria.
Veteran Friendly
This pre-employment application will be given every consideration, but its receipt does not imply that the applicant will be employed. Each question should be answered in a complete and accurate manner as no action can be taken on this application until all questions have been answered.
Harbor Group Management is proudly an Equal Opportunity Employer EOE/M/F/D/V. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability or protected veteran status.

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