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Director Operational Risk Jobs in Excelsior, MN (NOW HIRING)

The Director, Technology Risk is a leadership role within the Second Line of Defense (2LOD ... Lead the implementation of the Operational Risk Management (ORM) methodology and requirements ...

Director Technology Risk

Minneapolis, MN · On-site

$140.20 - $192.80/hr

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

The Director, Technology Risk is a leadership role within the Second Line of Defense (2LOD ... Lead the implementation of the Operational Risk Management (ORM) methodology and requirements ...

Director-Risk Management

Minneapolis, MN

$131K - $180K/yr

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

Provide direct oversight of risk and control functions across Trading (Equities, Options, Fixed ... Execute and supervise key trading and operational controls, including: - Counterparty risk reviews ...

Director-Risk Management

Minneapolis, MN · On-site

$131K - $180K/yr

  • Medical

  • Dental

  • Life

  • Retirement

  • PTO

Provide direct oversight of risk and control functions across Trading (Equities, Options, Fixed ... Execute and supervise key trading and operational controls, including: - Counterparty risk reviews ...

Director Operations

Eden Prairie, MN · Hybrid

$100K - $114K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... 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 ...

Director Risk & Control

Brooklyn Park, MN · On-site

$135K - $243K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... retail operations. As the Director of Risk & Controls , you will shape the future of Target ... enterprise control environment as the business evolves through technology, automation, AI, and ...

Director Risk & Control

Minneapolis, MN

$135K - $243K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... retail operations. As the Director of Risk & Controls , you will shape the future of Target ... enterprise control environment as the business evolves through technology, automation, AI, and ...

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Showing results 1-20

Director Operational Risk information

See Excelsior, MN salary details

$60.4K

$160.1K

$290.7K

How much do director operational risk jobs pay per year?

As of Aug 12, 2026, the average yearly pay for director operational risk in Excelsior, MN is $160,085.00, according to ZipRecruiter salary data. Most workers in this role earn between $118,000.00 and $187,300.00 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 cities near Excelsior, MN are hiring for Director Operational Risk jobs? Cities near Excelsior, MN with the most Director Operational Risk job openings:
Infographic showing various Director Operational Risk job openings in Excelsior, MN as of July 2026, with employment types broken down into 1% As Needed, 83% Full Time, 13% Part Time, 1% Temporary, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $160,085 per year, or $77 per hour.

Director Technology Risk

SwiftCruit

Minneapolis, MN • On-site

$150 - $210/hr

Other

Posted 7 days ago


Job description

Job Description

Ameriprise Financial is looking to add a Director, Technology Risk to the team! The Director, Technology Risk is a leadership role within the Second Line of Defense (2LOD), reporting to the VP, Technology Risk Office. This role is responsible for executing independent oversight of Technology and Cyber / Information Security activities to ensure alignment with enterprise risk management standards while providing effective review, credible challenge, and risk transparency. This role will actively engage with IT stakeholders and senior leadership to foster a robust risk culture. This includes regular interaction and collaboration at various organizational levels.

Key Responsibilities
  • Lead risk oversight activities to ensure effective identification, assessment, and management of risks across the business. Execute risk oversight activities, including monitoring, review, and credible challenge of business processes to ensure alignment with enterprise risk standards and governance expectations. Support effective risk governance through adherence to policies, frameworks, and escalation protocols.
  • Lead the implementation of the Operational Risk Management (ORM) methodology and requirements across assigned business unit, in agreement with the overall ORM framework.
  • Execute and support Risk and Control Self‑Assessments (RCSAs), ensuring consistent application of the risk framework, accurate documentation of risks and controls, and adherence to enterprise standards. Contribute to continuous improvement of RCSA processes, tools, and methodologies.
  • Provide subject matter expertise and advise on IT related risks and remediation/mitigation of risk exposures.
  • Review and manage risk events (REVs), ensuring timely identification, documentation, escalation, and resolution. Provide effective challenge on root cause analysis and remediation plans and monitor trends to support proactive risk management.
  • Support Risk Oversight Committee (ROC) governance by preparing materials, coordinating inputs, and tracking actions and decisions. Ensure timely and accurate reporting of key risk issues and follow-up on committee outcomes.
  • Develop and deliver risk reporting, dashboards, and analytics to support monitoring and decision‑making.
  • Ensure data quality, consistency, and accuracy, and provide insights into emerging risks, trends, and control effectiveness.
  • Enhance risk reporting with new ideas gathered from research, best practices, and knowledge.
  • Support team delivery and effectiveness by providing guidance, coordination, leadership.
  • Contribute to a collaborative team environment and support broader leadership priorities and initiatives.
  • Provide leadership, performance management and improvement feedback, coaching, mentoring and development of employee direct reports.
Required Qualifications
  • Bachelor's degree or equivalent.
  • 7‑10 years of relevant experience.
  • In depth knowledge of IT technical and operational processes, and associated risks and controls, IT risk management with a strong emphasis on AI risk management.
  • Technical knowledge of risk management frameworks, applicable standards, and regulatory requirements including, NIST, COBIT, FFIEC, ISO27000, and other relevant IT governance frameworks.
  • Ability to communicate complex information technology risks and issues to non‑technical business stakeholders to ensure a clear understanding of criticality and implications.
  • Familiarity and experience using eGRC solutions.
  • Strong analytical, organizational, and time management skills.
  • Strong ability to lead, partner, and influence across all leadership levels.
  • Demonstrated people leadership experience, either through direct leadership or coaching/mentoring roles.
  • Ability to drive results and meet deadlines to reduce risks.
In‑Office Collaboration

We are a client‑centric, relationship‑based business. Working together, in‑person, is foundational to how we achieve results. By fostering a culture of face‑to‑face collaboration, idea sharing, productivity and personal connection, we deliver for our stakeholders – clients, advisors, employees and shareholders. Our employees work in the office at least four (4) days per week, with flexibility to work from home one (1) day per week.

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