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

York Risk Services

Director Operations

Southfield, MI · On-site

$92K - $110K/yr

... Director Operations Our teams connect! We collaborate onsite and have a hybrid work arrangement ... To be responsible for the technical and operational functions within assigned office(s) including ...

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

Director Operational Risk information

See Detroit, MI salary details

$53.5K

$141.7K

$257.4K

How much do director operational risk jobs pay per year?

As of Jun 21, 2026, the average yearly pay for director operational risk in Detroit, MI is $141,748.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,400.00 and $165,800.00 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.

Does the director of national intelligence need senate confirmation?

The Director of National Intelligence (DNI) is a presidential appointee who requires Senate confirmation before taking office. This process ensures oversight and bipartisan approval for the role, which involves overseeing the intelligence community and coordinating national security efforts.

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.

Is a director higher than a CEO?

A CEO (Chief Executive Officer) is typically the highest-ranking executive in a company, responsible for overall strategic direction and decision-making. A director, including a Director of Operational Risk, usually reports to the CEO and oversees specific departments or functions. Therefore, the CEO holds a higher position than a director within an organizational hierarchy.

What is the meaning of a director?

A director is a senior leadership role responsible for overseeing a specific department or function within an organization, such as operational risk. They develop strategies, manage teams, and ensure compliance with policies and regulations, often requiring leadership skills and industry knowledge.

What is the role of the director?

A Director of Operational Risk is responsible for identifying, assessing, and managing risks that could impact an organization's operations. They develop risk management strategies, implement policies, and oversee compliance to ensure operational resilience. Strong analytical skills and knowledge of industry regulations are essential for this role.
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:
What are popular job titles related to Director Operational Risk jobs in Detroit, MI? For Director Operational Risk jobs in Detroit, MI, the most frequently searched job titles are:
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

Risk Manager - HUMAN RESOURCES (RISK MANAGEMENT OPERATIONS DIVISION)

City of Detroit, MI

Detroit, MI • On-site

$95K - $125K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago

Job description

Salary: $95,585.00 - $125,365.00 Annually
Location : Detroit, Michigan, MI
Job Type: Certified-Regular Civil Service
Job Number: 20254042035OCFOjs
Department: Human Resources Dept
Division: HR Risk Management Operat
Opening Date: 06/02/2026
Closing Date: 6/19/2026 11:59 PM Eastern
Bargaining Unit: 9000-Non Union Salary Regular Service General
Description
HUMAN RESOURCES - RISK MANAGMENT OPERATIONS
RISK MANAGER
Under general supervision, plans, develops, manages and implements a centralized, comprehensive and coordinated risk management program for the City of Detroit
Examples of Duties
  • Negotiate contracts and coverages with medical facilities and Third-Party Administrator providers.
  • Co-administer the City of Detroit self-insurance fund.
  • Identify, evaluate, select and implement risk transfer mechanisms to protect the City of Detroit Human Resources and reduce the potential for financial loss.
  • Advise agencies on methods for risk reduction.
  • Direct and coordinate actuarial reviews.
  • Budget development.
  • Review the adjustment of insured and non-insured losses.
  • Administer Central Safety in accordance with Occupational Safety and Health Administration (OSHA)and Michigan Occupational Safety and Health Administration (MIOSHA) Rules and regulations
  • Interpret and administer leave programs and policies in accordance with the applicable federal and state employment laws (Family Medical Leave Act (FMLA), Americans with Disabilities Act, Uniformed Services Employment and Reemployment Rights Act, Pregnancy Discrimination Act, etc.). Ensure that the workers' compensation program is managed in accordance with applicable OSHA and workers' compensation laws.
  • Administer all aspects of leave and workers' compensation programs including Alternate benefit program and Contract benefits.?Provides extensive case management and coordinates administrative aspects of the cases and claims. Conducts/coordinates investigations into all reported workers' compensation claims.
  • Manage Long Term Disability (LTD)programs and vendor relationships. Ensure that Workers Compensation claims and LTD are coordinated with FMLA or general medical cases.
  • Manage the alleged fraudulent activity of all leave cases and workers' compensation claims. Work closely with the employee services and relations teams to identify research and resolve matters.
  • Meet regularly to review the status of cases/claims and develop legally sound strategies for a mutually beneficial resolution.
  • Produce and manage reporting metrics and analytics for all leave cases and workers' compensation claims. Presents reports as requested.
  • Assist in the creation and facilitation of leave administration and workers' compensation training programs.
  • May perform additional duties as assigned.

Minimum Qualifications
Qualifications (required):
  • Bachelor's degree in business administration, public administration, finance, accounting or related field.
  • Seven (7) to ten (10) years of experience in risk management including supervision of component activities such as worker's compensation and occupational safety.

Equivalency
  • Equivalent combinations of education and experience that provide the required knowledge, skills, and abilities will be evaluated on an individual basis.

Qualifications (preferred):
  • Preferably completion of advanced coursework related to insurance administration, underwriting, or risk management.

Licensing and Certifications
  • Employees in this class will be required to provide and operate a motor vehicle on a reimbursed mileage basis. Valid State of Michigan Driver License.

Supplemental Information
Evaluation Plan
  • Interview: 70%
  • Evaluation of Training, Experience & Personal Qualifications: 30%
  • Total of Interview and Evaluation T.E.P: 100%
Additional points may be awarded for:
  • Veteran Points: 0 - 15 points
  • Detroit Residency Credit: 15 point

Candidates considered for placement in this classification may be subject to a Criminal Background Investigation based on the requirements of the position.
Knowledge, Skills and Abilities
  • Knowledge of principles, practices, regulations and legislation related to risk management and insurance.
  • Knowledge of contract language and procedures for evaluating liability provisions.
  • Knowledge of financial applications and budgeting principles.
  • Knowledge of public sector concerns related to public sector risk management and self-insurance.
  • Skill in identifying and resolving procedural and operational problems.
  • Skill in negotiating agreements with insurance carriers and other contractors.
  • Skill in managing interactions with superiors, peers, subordinates, and the public.
  • Skill in supervising the work of others.
  • Ability to analyze and measure potential losses.
  • Ability to make specific recommendations on corrective and preventive measures.

Physical Demands
  • The employee generally remains in a stationary position for an extended period of time operating standard office equipment which may include computers, telephones, photocopiers, and fax machines.
  • The employee is expected to move about to accomplish tasks such as opening file cabinets and moving files.
  • Must be able to lift, push, pull, and carry up to (20) pounds.

Work Environment
  • Work is performed primarily in an office environment.
  • Some work requires travel to meetings, conferences, and other work sites with exposure to seasonal weather conditions.

Candidates considered for placement in this classification may be subject to a Criminal Background Investigation based on the requirements of the position.
The above statements describe the general nature and level of work performed by employees assigned to the class. Incumbents may be required to perform job-related responsibilities and tasks other than those stated in this specification. Specific job duties may vary from position to position. The City of Detroit is an Equal Opportunity Employer. No applicant for employment shall be discriminated against on the basis of race, color, national origin, sex, religion, age, disability, or other criteria prohibited by City, State, or Federal law.
EMPLOYMENT BENEFITS
The City of Detroit offers a competitive and comprehensive employee benefit package. We pride ourselves on the longevity of our employees. Part of the reason for the low turnover rate is the exceptional benefit package listed below. Benefits include, but are not limited to the following:
HEALTH
  • Medical - Eligible for hospital, surgical, and prescription drug benefits.
  • Dental
  • Vision
INSURANCE
  • Life Insurance - Optional group insurance available to employee and their family. The City pays 60% of premium for first $12,500 of employee life insurance. Employee may purchase, at own expense, life insurance for spouse and each dependent.
  • Long-Term Disability Insurance (Income Protection Plan) - The City offers disability insurance through payroll deductions for persons who become disabled and who are not yet eligible for a service retirement.
PAID TIME OFF
  • Sick Leave
  • Vacation
  • Holidays
OTHER LEAVE BENEFITS
The City also has the following paid and unpaid leaves; funeral leave, Family and Medical Leave, jury duty, military duty leave, unpaid personal leave,
RETIREMENT BENEFITS
City Employees Retirement System
As a regular City employee you automatically become a member of the General Retirement System. This entitles you to a retirement allowance after:
• Completion of thirty (30) years of service;
- At age sixty (60) if you have at least ten (10) years of service, or
- At age sixty-five (65) with eight (8) years of service.
• In the event of disability, other eligibility rules apply);
- An early, actuarially reduced, retirement is offered after you have attained at least twenty-five (25) years of service;
• Employees are vested after ten (10) years of service, regardless of age.
ADVANCEMENT OPPORTUNITIES - Employees have many opportunities for growth and career advancement throughout all City departments and divisions.
Have a successful career with the City of Detroit. Always remember that you are a part of a team with a common Vision of delivering excellent service to the citizens of the City of Detroit
01
Please indicate your highest level of education completed
  • High School Diploma/GED
  • Associate's Degree
  • Bachelor's Degree
  • Master's Degree
  • PhD/J.D.
  • No Education experience

02
How many years of experience do you have in risk management including supervision of component activities such as worker's compensation and occupational safety?
  • Less than 7 years of experience
  • 7 - 10 years of experience
  • 10 - 15 years of experience
  • 15 or more years of experience
  • No Experience

03
Describe your work experience as it relates to insurance administration, underwriting, or risk management.
04
Describe your knowledge of principles, practices, regulations and legislation related to risk management and insurance.
05
Describe your management experience? (Must be displayed on your online application)
06
Do you have a valid State of Michigan Driver License?
  • Yes
  • No

07
Did you attach your cover letter and resume to your application?
  • Yes
  • No

Required Question

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