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

Children's Minnesota

Risk Manager

Minneapolis, MN · On-site

Provides both strategic program and operational management to the Family Liaison function with the Family Liaison roles as direct reports. * Primary focus on risk assessment and guidance on all ...

Children's Minnesota

Risk Manager

Minneapolis, MN

Provides both strategic program and operational management to the Family Liaison function with the Family Liaison roles as direct reports. * Primary focus on risk assessment and guidance on all ...

Childrens Health Care

Risk Manager

Minneapolis, MN

Provides both strategic program and operational management to the Family Liaison function with the Family Liaison roles as direct reports. * Primary focus on risk assessment and guidance on all ...

Children's Minnesota

Risk Manager

Minneapolis, MN

Provides both strategic program and operational management to the Family Liaison function with the Family Liaison roles as direct reports. * Primary focus on risk assessment and guidance on all ...

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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 Sep 11, 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 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 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 cities near Excelsior, MN are hiring for Director Operational Risk jobs?

Cities near Excelsior, MN with the most Director Operational Risk job openings:

Director Operational Risk jobs near you
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 Operations Engineering

Minneapolis, MN • On-site

Inspire Medical Systems Inc.
Outpatient Health Care • 201 - 500 employees
Learn more about Inspire Medical Systems Inc.external

Full-time

Re-posted 8 days ago

Key responsibilities

  • Oversee all engineering activities across the product lifecycle, including concept development, design, verification/validation, risk management, and postmarket support.

  • Lead, mentor, and grow a high-performing engineering team across product development, sustaining engineering, test engineering, and technical operations.

  • Partner with cross-functional teams to ensure smooth product launches, ongoing production stability, and compliance with regulatory standards.

Job description

Position Overview

The Engineering Director is a missioncritical leader who will shape the future of our Manufacturing Operations. Reporting directly to the Vice President of Operations & Supply Chain, this role will champion all engineering functions and play a defining role in scaling the organization for its next stage of growth.

This leader will provide strategic, operational, and technical direction across the engineering organization guiding teams through sustaining engineering activities, building a robust continuous improvement pipeline, and partnering closely with R&D to bring nextgeneration products to market. They will drive highvisibility initiatives that strengthen product quality, accelerate innovation, and prepare the company for an expanded manufacturing footprint.

The ideal candidate is a builder of teams, systems, and capability. They bring the discipline to implement scalable processes, the foresight to elevate our engineering culture, and the leadership presence to influence decisions at the highest levels of the company. They will play a pivotal role in developing future technical talent, expanding product capabilities, and ensuring compliance within a regulated medtech environment.

This is a rare opportunity to make a transformative impact shaping the technical foundation, operational readiness, and longterm growth of a rapidly expanding organization.

Key Responsibilities

Strategic & Leadership Responsibilities

  • Develop and execute the engineering strategy in alignment with the company's business goals and longterm manufacturing roadmap.
  • Lead, mentor, and grow a highperforming team across product development, sustaining engineering, test engineering, and technical operations.
  • Build scalable engineering systems, processes, documentation, and organizational structure suitable for a future manufacturing footprint.
  • Serve as the key technical voice on the leadership team, contributing to longrange planning, risk assessment, and organizational readiness for operational scaleup.

Product Development & Sustaining Engineering

  • Oversee all engineering activities across the product lifecycle, including concept development, design, verification/validation, risk management, and postmarket support.
  • Lead teams in executing New Product Development (NPD) programs from concept to commercialization in compliance with FDA, ISO 13485, and other relevant regulatory requirements.
  • Manage and prioritize sustaining engineering efforts, including product enhancements, field issue resolution, cost reductions, and design improvements.
  • Collaborate closely with Quality, Regulatory, Program Management, and Clinical teams to ensure products meet safety, performance, and compliance requirements.

Manufacturing Readiness & External Partnerships

  • Oversee technical relationships with contract manufacturers (CMOs), suppliers, and external development partners.
  • Drive process validation, DFM/DFA efforts, and transfer-to-manufacturing readiness activities.
  • Develop and maintain strong supplier-quality and technical oversight processes.

Cross-Functional Collaboration

  • Partner with Operations, Supply Chain, Quality, and Regulatory teams to ensure smooth product launches and ongoing production stability.
  • Lead root cause analyses (RCAs), CAPAs, and risk mitigation efforts with cross-functional stakeholders.
  • Support commercial teams and customer-facing functions with technical expertise as needed.

Process, Quality & Compliance

  • Own engineering documentation, technical files, and design control processes.
  • Ensure engineering deliverables comply with FDA QSR, ISO 13485, IEC 60601, and other applicable standards for medical devices.

Strengthen the company's design controls, requirements management, and change control procedures.

Qualifications

Required

  • Bachelor's degree in Mechanical Engineering, Electrical Engineering, Biomedical Engineering, or related field; Master's preferred.
  • 10+ years of engineering experience in the medical device industry.
  • 5+ years in technical leadership roles, managing cross-functional engineering teams.
  • Proven success leading Sustaining Engineering and/or NPD programs under regulated design controls.
  • Experience working with contract manufacturers and leading design transfer activities.
  • Strong understanding of FDA 21 CFR Part 820, ISO 13485, risk management (ISO 14971), and V&V methodologies.
  • Demonstrated ability to build processes, mentor teams, and drive cross-functional alignment.

Preferred

  • Experience in scaling manufacturing capabilities, including equipment procurement, process development, and validation.
  • Background in complex electromechanical systems, wearable devices, diagnostics, or therapeutic devices.
  • Strong systems engineering and rootcause problemsolving skills.
  • Experience in a growth-stage or transformation-stage environment.

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