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

Barton Malow

S.r Director of Treasury

Southfield, MI · On-site

... 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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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:
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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
S.r Director of Treasury

S.r Director of Treasury

Barton Malow

Southfield, MI • On-site

Other

Posted 9 days ago

Barton Malow rating

7.6

Company rating: 7.6 out of 10

Based on 6 frontline employees who took The Breakroom Quiz

Job description

Position Summary

Barton Malow seeks a Senior Director of Treasury  to join the corporate Finance leadership team. This role is a high-visibility, succession-track position reporting directly to the Senior Vice President of Finance. It is designed for a seasoned finance executive who brings deep expertise in treasury management,  and capital markets - skillsets that are critical to Barton Malow's next phase of growth.

The Senior Director will own the company's treasury and cash management function,  and serve as a strategic partner to the CFO and Finance leadership team.

Leadership Profile

The ideal candidate is a hands-on finance executive who combines strategic vision with operational rigor. They thrive in a collaborative, relationship-driven culture, bring a builder's mindset to organizational development, and are motivated by the opportunity to grow into enterprise-wide leadership. This individual will be a cultural fit for Barton Malow's values of integrity, teamwork, and excellence.

Key ResponsibilitiesTreasury + Cash Management
  • Own enterprise-wide cash forecasting, liquidity planning, and working capital optimization across all business units and project portfolios.
  • Manage all banking relationships, including credit facilities, letters of credit, and revolving lines of credit; lead periodic banking RFPs.
  • Oversee investment of corporate cash in alignment with the Cash Management Committee's policy and risk appetite.
  • Manage surety and bonding relationships - a mission-critical function for construction operations - including capacity planning, financial statement preparation for sureties, and ongoing relationship management.
  • Lead interest rate and counterparty risk management; evaluate hedging strategies where appropriate.
  • Develop and maintain treasury policies, controls, and reporting frameworks; ensure compliance with debt covenants.
Finance Leadership + Strategic Partnering
  • Serve as a senior partner to the CFO and SVP of Finance on capital structure, strategic planning, and enterprise financial risk.
  • Collaborate with the Directors of Accounting, Tax, and FP&A to ensure treasury  is fully integrated into reporting, forecasting, and compliance frameworks.
  • Represent Finance on the Cash Management Committee; contribute to enterprise risk and insurance strategy alongside the Risk and Legal teams.
  • Maintain and strengthen relationships with external partners including asset managers, sureties, auditors, and investment banks.
QualificationsRequired
  • Bachelor's degree in Finance, Accounting, or Economics; MBA or advanced degree strongly preferred.
  • 12+ years of progressive corporate finance experience, with demonstrated depth in  treasury.
  • Proven track record managing complex banking relationships, surety programs, or project-based working capital in a capital-intensive industry.
  • Executive-level communication skills; able to present confidently to C-suite, Board, and external financial partners.
  • High integrity, sound judgment, and the ability to operate with discretion on sensitive strategic matters.
Preferred
  • CPA, CFA, or Certified Treasury Professional (CTP) designation.
  • Experience in construction, real estate development, infrastructure, or another project-based business.
  • Familiarity with contractor financial statements, surety underwriting, and bonding capacity mechanics.
  • Experience managing or building a treasury function in a privately held or employee-owned company.

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