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

Minimize exposure and risk on projects. * Work closely with the Niles safety group to manage a safe ... Review and analyze the strengths, weaknesses, and operational goals of the individual estimators ...

... risk reduction and operational excellence. The role blends strategic oversight with field ... The Safety Director will collaborate closely with executive leadership, field teams, and safety ...

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Director Operational Risk information

See Fenton, MI salary details

$48.7K

$129.3K

$234.7K

How much do director operational risk jobs pay per year?

As of Jun 28, 2026, the average yearly pay for director operational risk in Fenton, MI is $129,252.00, according to ZipRecruiter salary data. Most workers in this role earn between $95,200.00 and $151,200.00 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 Fenton, MI? The most popular types of Operational Risk jobs in Fenton, MI are:
What job categories do people searching Director Operational Risk jobs in Fenton, MI look for? The top searched job categories for Director Operational Risk jobs in Fenton, MI are:
What cities near Fenton, MI are hiring for Director Operational Risk jobs? Cities near Fenton, MI with the most Director Operational Risk job openings:
Senior Director Treasury Operations

Senior Director Treasury Operations

Tenneco

Northville, MI • On-site

Full-time

Posted 12 days ago


Tenneco rating

7.0

Company rating: 7.0 out of 10

Based on 88 frontline employees who took The Breakroom Quiz

292nd of 419 rated machine equipment manufacturers


Job description

At Tenneco, we don't follow industry standards; we set them, and we don't settle for being best-in-class because we hustle to be better than best-in-class. Whether it's our Core Values - radical candor, simplify, organizational velocity, tenacious execution and win - or our Get Stuff Done (GSD) mindset, we're determined to become the most trusted partner and best manufacturer and distributor to the transportation industry.
With a product portfolio as expansive as it is innovative, an obsessive commitment to quality and excellence, and a global presence, we're all about getting stuff done, so we can win.
How do we make it happen? Through the Tenneco Way. Fueled by our Core Values, a winning mindset and a relentless commitment to excellence, the Tenneco Way is how we win. It's what keeps Team Tenneco bold, driven, and unapologetically focused on pushing past limits and redefining success.
Here, you'll work alongside a team of relentless problem-solvers who are committed to making a tangible impact. If you're ready to break boundaries, deliver results, and enjoy the ride along the way, you'll thrive here.
Want to learn more about who we are? Check out our website to discover the Tenneco Way
ABOUT THE ROLE
Senior Director of Treasury operations - Treasury Operations leads day-to-day global treasury execution for ensuring strong liquidity, disciplined cash forecasting, efficient payment operations, effective bank relationship management, and robust treasury controls. This role partners closely with Accounting, FP&A, Tax, Procurement, Shared Services, and business unit finance to optimize working capital and support strategic initiatives across plants and commercial operations and leadership team.
KEY RESPONSIBILITIES
Liquidity, Capital planning, Cash Management & Forecasting
  • Own daily cash positioning for domestic and international entities; ensure sufficient liquidity across operating units.
  • Lead short-term and medium-term cash forecasting (e.g., daily/weekly/13-week) and variance analysis; drive continuous improvement in forecast accuracy.
  • Manage intercompany funding, cash concentration/zero balancing, and cash repatriation
  • Manage working capital facilities, factoring, supply chain financing
  • Oversee treasury operational workflows
  • Drive standardization and automation of payment processes
  • Manage balance sheet optimization, including working capital management, leveraging financial metrics to ensure efficient use of assets and liabilities.
  • Develop strategies to manage and maintain adequate liquidity levels, ensuring that the business can meet its operational and financial obligations while maximizing return on capital
  • Support M&A activity related to treasury functions and manage treasury integration with business units.
  • Oversee operational execution of FX hedging program and interest rate risk management

Treasury Systems & Controls (TMS/ERP/Bank Connectivity)
  • Own treasury operations configuration and data integrity within ERP/TMS (e.g., bank statement integration, payment connectivity, interfaces).
  • Partner with IT and Shared Services to improve bank connectivity (SWIFT, host-to-host, APIs) and reduce manual processing.
  • Maintain treasury policies, procedures, and desk manuals; ensure SOX compliance and audit readiness.
  • Support compliance requirements related to sanctions screening processes, payment approvals, and banking regulations.
  • Coordinate responses to internal/external audit requests related to cash, payments, and bank controls.

Team Leadership & Cross-Functional Partnership
  • Lead/mentor treasury operations team and/or shared service teams; set priorities and performance expectations.
  • Partner with Tax on repatriation, withholding tax considerations, and cross-border funding support.
  • Collaborate with Procurement and Supply Chain on supplier programs (e.g., supply chain finance, dynamic discounting) where relevant.

JOB REQUIREMENTS
  • Bachelor's degree in Finance, Accounting, Economics, or related field.
  • 15+ years of progressive treasury experience, with significant focus on treasury operations/cash management.
  • 10+ years of leadership experience in multinational environment
  • Strong knowledge of payment methods and bank platforms; practical experience with bank account management and controls.
  • Experience in a SOX-controlled environment; strong understanding of segregation of duties and audit requirements.
  • Advanced Excel skills; ability to analyze large datasets and build forecasting models.
  • Proven ability to manage multiple priorities in a deadline-driven environment.
  • Expertise in working capital programs and structured finance

Preferred
  • Automotive, manufacturing, or multi-site industrial experience (plants, complex supplier base, high-volume payments).
  • Experience with a Treasury Management System (e.g., Kyriba) and ERP payment integrations (SAP).
  • Exposure to global cash management structures, FX execution support, or intercompany funding.

We don't want average. We want exceptional. We want someone who's hungry to build, unafraid to challenge, and bold enough to lead with empathy, speed, and precision. Sound like you? Let us know.
Equal opportunity employer as to all protected groups, including protected veterans and individuals with disabilities

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