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Director Operational Risk Jobs in Detroit, MI (NOW HIRING)

orsa credit union

dealer experience manager

Plymouth, MI · On-site

$82K/yr

Risk Management & Compliance * Monitor dealer-specific performance indicators (KPIs) including look ... Perform other duties as directed by leadership. Qualification and Competency Requirements As an ...

Rally House

Regional Director

Detroit, MI

$140K - $200K/yr

The Regional Director provides leadership and direction across multiple districts to support ... Serve as executive escalation point for operational risk and compliance Merchandising * Own ...

Barton Malow

Sr. Director of Treasury

Southfield, MI

... risk appetite. * Manage surety and bonding relationships - a mission-critical function for construction operations - including capacity planning, financial statement preparation for sureties, and ...

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All JobsOperational Risk JobsDirector Operational Risk JobsDirector Operational Risk Jobs in Detroit, MI

Director Operational Risk information

See Detroit, MI salary details

$49.4K

$131K

$237.9K

How much do director operational risk jobs pay per year?

As of Jul 29, 2026, the average yearly pay for director operational risk in Detroit, MI is $131,013.00, according to ZipRecruiter salary data. Most workers in this role earn between $96,500.00 and $153,300.00 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 Detroit, MI? The most popular types of Operational Risk jobs in Detroit, MI are:
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What job categories do people searching Director Operational Risk jobs in Detroit, MI look for? The top searched job categories for Director Operational Risk jobs in Detroit, MI are:
What cities near Detroit, MI are hiring for Director Operational Risk jobs? Cities near Detroit, MI with the most Director Operational Risk job openings:
Director Operational Risk jobs near you

Director of Operations

Castor Consulting LLC

Birmingham, MI • Hybrid

$120K - $150K/yr

Full-time

Re-posted 9 hours ago

Job description

Castor Engineering is seeking a Director of Operations to lead day-to-day execution and strengthen operational performance across the organization.

Position Summary

The Director of Operations is responsible for overseeing the operational functions that drive efficiency, quality, and consistent delivery. This role partners with cross-functional leaders to align priorities, improve processes, and ensure the organization runs smoothly and effectively.

In a Hybrid environment in Birmingham, MI, the Director of Operations will bring strong leadership, operational discipline, and a continuous-improvement mindset to optimize performance, manage resources, and support sustainable growth.

Key Responsibilities

  • Lead and coordinate core operational activities to ensure timely, high-quality outcomes across teams.

  • Develop and improve operational processes, workflows, and performance metrics to increase efficiency and accountability.

  • Partner with internal stakeholders to translate strategic priorities into actionable plans and measurable results.

  • Manage operational planning, resource allocation, and workflow execution to support business objectives.

  • Monitor performance trends and implement continuous improvements to strengthen service delivery and operational consistency.

Required Qualifications

  • Proven experience in operations leadership, program management, or a related operational role with measurable results.

  • Demonstrated ability to manage multiple priorities, balance competing demands, and drive execution in a fast-paced environment.

  • Strong analytical and problem-solving skills, with the ability to translate data into practical operational improvements.

  • Effective communication and stakeholder management skills, including the ability to lead cross-functional collaboration.

  • Commitment to high standards, process discipline, and continuous improvement.

Preferred Qualifications

  • Experience operating in consulting or service-based environments where delivery quality and client-facing outcomes are critical.

  • Background in scaling processes and teams, improving operational maturity, and establishing repeatable best practices.

  • Experience implementing performance management approaches, dashboards, and operational reporting routines.

  • Familiarity with governance and operational risk considerations to support reliable execution.

Compensation

Annual salary: $120,000.00 - $150,000.00