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Director Operational Risk Jobs in Minneapolis, MN

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 ...

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 ...

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 ...

Donaldson Company, Inc.

Risk Manager

Bloomington, MN · Hybrid

$93K - $122K/yr

The Risk Manager partners closely with the Director of Risk Management to support the ... Operations-to drive claim outcomes, manage risk, and support strategic initiatives. Qualified ...

Donaldson Company, Inc.

Risk Manager

Bloomington, MN · On-site

$93K - $122K/yr

The Risk Manager partners closely with the Director of Risk Management to support the ... Operations-to drive claim outcomes, manage risk, and support strategic initiatives. Qualified ...

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All JobsOperational Risk JobsDirector Operational Risk JobsDirector Operational Risk Jobs in Minneapolis, MN

Director Operational Risk information

See Minneapolis, MN salary details

$56.4K

$149.5K

$271.4K

How much do director operational risk jobs pay per year?

As of Aug 12, 2026, the average yearly pay for director operational risk in Minneapolis, MN is $149,456.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,100.00 and $174,800.00 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.

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 are the most commonly searched types of Operational Risk jobs in Minneapolis, MN? The most popular types of Operational Risk jobs in Minneapolis, MN are:
What are popular job titles related to Director Operational Risk jobs in Minneapolis, MN? For Director Operational Risk jobs in Minneapolis, MN, the most frequently searched job titles are:
What job categories do people searching Director Operational Risk jobs in Minneapolis, MN look for? The top searched job categories for Director Operational Risk jobs in Minneapolis, MN are:
What cities near Minneapolis, MN are hiring for Director Operational Risk jobs? Cities near Minneapolis, MN with the most Director Operational Risk job openings:
Director Operational Risk jobs near you
Infographic showing various Director Operational Risk job openings in Minneapolis, MN as of August 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $149,456 per year, or $71.9 per hour.

IT Operations Manager 1(Distributed Operating Systems)

US Bank

Hopkins, MN

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 4 days ago

U.S. Bank rating

8.2

Company rating: 8.2 out of 10

Based on 360 frontline employees who took The Breakroom Quiz

51st of 171 rated banks

Job description

At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.

Job Description

Responsibilities

  • Lead and oversee 24x7 IT Operations activities across a complex, multi-platform enterprise environment, ensuring the availability, stability, and performance of critical technology systems.

  • Manage, monitor, support, and maintain enterprise infrastructure, production services, batch operations, application support, and operational processes to meet established service levels.

  • Direct and develop IT Operations staff by providing leadership, coaching, performance management, scheduling, and day-to-day operational guidance to achieve departmental and organizational goals.

  • Drive incident, problem, change, and service management processes to minimize operational risk, reduce downtime, and improve service reliability.

  • Plan and manage shift operations to deliver effective and efficient technology services that support business objectives and customer expectations.

  • Demonstrate a strong sense of urgency and accountability while leading teams in a fast-paced, mission-critical environment requiring continuous operational support.

  • Partner with technology, business, and infrastructure teams to understand evolving business needs, prioritize support requirements, and implement operational improvements.

  • Manage workforce activities including employee relations, performance reviews, work assignments, time approvals, vacation scheduling, succession planning, and talent development.

  • Monitor operational metrics, service level agreements (SLAs), system performance, and capacity trends to identify opportunities for continuous improvement and automation.

  • Assist in planning, forecasting, and managing small to moderate operational and project budgets while ensuring adherence to financial, compliance, risk, and governance requirements.

  • Serves as a hand-on supervisor, providing day-to-day leadership while actively contributing to workload management and delivery

Basic Qualifications

  • Bachelor's degree or equivalent work experience

  • At least 6 years experience with a data center operating environment, day-to-day operational requirements, and the operation of production systems and equipment.

Preferred Skills/Experience

  • IT Operations Leadership experience supporting large-scale enterprise infrastructure and mission-critical environments.

  • Strong knowledge of Windows/Linux administration, cloud platforms (AWS, Azure, or GCP), networking, and infrastructure services.

  • Experience with Incident, Problem, Change, and Service Management (ITIL) methodologies and operational governance.

  • Expertise in monitoring, observability, logging, and performance management tools such as Splunk, Dynatrace, Datadog, AppDynamics, or similar platforms.

  • Experience managing high availability, disaster recovery, capacity planning, and business continuity programs.

  • Strong understanding of automation and scripting using PowerShell, Python, Ansible, Terraform, or related technologies.

  • Proven ability to lead cross-functional teams, manage vendor relationships, and influence stakeholders at multiple organizational levels.

  • Excellent analytical, communication, leadership, and operational risk management skills with a focus on reliability, compliance, and continuous improvement.

This position is not eligible for visa sponsorship.

Location expectations
This role requires working from a U.S. Bank location three (3) or more days per week.

If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.

Benefits:

Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:

  • Healthcare (medical, dental, vision)

  • Basic term and optional term life insurance

  • Short-term and long-term disability

  • Pregnancy disability and parental leave

  • 401(k) and employer-funded retirement plan

  • Paid vacation (from two to five weeks depending on salary grade and tenure)

  • Up to 11 paid holiday opportunities

  • Adoption assistance

  • Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law

Review our full benefits available by employment status here.

U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.

E-Verify

U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.

The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $105,400.00 - $124,000.00

U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.

Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.

Posting may be closed earlier due to high volume of applicants.

What U.S. Bank employees say

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Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

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About U.S. Bank

Sourced by ZipRecruiter

U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

Year founded

1863

Social media

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