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Director Operational Risk Jobs in Minneapolis, MN

Robert Half

Bank Operations Manager

Minneapolis, MN · On-site

$90K - $120K/yr

Direct the day-to-day work of back-office banking operations. * Guide team members through ... and address operational risk proactively. * Reinforce compliance with applicable banking ...

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 ...

Jobtailor

Business Program Manager

Minneapolis, MN · On-site

Manage onboarding and offboarding of Recruiting Directors and Divisional Directors * Evaluate ... Issue Resolution * Operational Risk Assessment * Documentation Management * Onboarding

The bank of elk river

Director of Operations

Elk River, MN · On-site

$111K - $153K/yr

Director of Operations Department: Operations Reports To: Chief Risk Officer FLSA Status: Exempt ... risk management standards. * Serves as the operational business owner for the SilverLake Core ...

Tennant Company

Director Cybersecurity

Eden Prairie, MN · On-site

$172K - $275K/yr

Director Cybersecurity Location: United States - Minneapolis, MN Pay: $172,100 - $275,600 Director ... governance, risk and compliance, security operations, incident response, data protection ...

Tennant Company

Director Cybersecurity

Eden Prairie, MN · On-site

$172K - $275K/yr

... operations, incident response, data protection, third-party risk and security culture ... Ability to influence without direct authority and drive action across complex, matrixed, and ...

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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 Sep 11, 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 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 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 September 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $149,456 per year, or $71.9 per hour.

Bank Operations Manager

Minneapolis, MN • On-site

Robert Half
Recruiting and Staffing Services • 10K+ employees
Learn more about Robert Halfexternal

$90K - $120K/yr

Full-time

Posted 20 days ago

Job description

We are looking for a hands-on Bank Operations Manager to lead daily back-office activities while remaining actively involved in core processing work in Minneapolis, Minnesota. This position oversees deposit, payment, business banking, and related operational functions to maintain accuracy, timeliness, and a high standard of client service. The role also works closely with internal partners to strengthen workflows, support product and process enhancements, and uphold regulatory and policy requirements across operations.


Responsibilities:

• Direct the day-to-day work of back-office banking operations.

• Guide team members through operational challenges, remove obstacles that affect service delivery, and create a responsive environment focused on client satisfaction and productivity.

• Monitor transaction processing to ensure work is completed accurately, on schedule, and in alignment with service expectations.

• Evaluate existing procedures, identify inefficiencies, and implement practical improvements that increase consistency, control, and operational effectiveness.

• Partner with other departments on new offerings, workflow updates, and operational initiatives to support business goals and smooth execution.

• Maintain current procedure documentation and ensure operating guidelines are clearly defined, accessible, and regularly updated.

• Perform quality reviews and oversight activities to reduce exceptions, strengthen controls, and address operational risk proactively.

• Reinforce compliance with applicable banking regulations, internal policies, and established procedures across all client transactions and team activities.

• Provide coaching, training, and tools that help employees follow standards, build knowledge, and deliver reliable results.

• Bachelor’s degree or comparable experience requiring strong attention to detail in banking operations, financial services, or a related field.
• At least five years of relevant experience in bank operations, payment processing, deposit services, or similar operational leadership work.
• Demonstrated success leading teams, improving performance, and achieving measurable business results in a banking environment.
• Solid understanding of banking products and transaction types, with knowledge of areas such as wire transfers, Fedwire, remote deposit, or positive pay preferred.
• Ability to analyze processes, recognize inefficiencies, and drive continuous improvement initiatives that enhance quality and productivity.
• Strong project management skills, including the ability to organize work into clear tasks, manage priorities, and deliver outcomes within deadlines.
• Effective collaboration and communication skills with the ability to build accountability, teamwork, and shared ownership across functions.
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About Robert Half

Sourced by ZipRecruiter

Founded in 1948, Robert Half pioneered the idea of professional talent solutions to connect opportunities at great companies with highly skilled job seekers. As business needs changed, we evolved to offer specialized talent solutions for finance and accounting, technology, administrative and customer support, creative and marketing, and legal fields. In 2002, we introduced our subsidiary, Protiviti, a global independent risk consulting and internal audit service, to support companies as they faced more strategic business challenges.

Industry

Recruiting and staffing services

Company size

10,000+ Employees

Headquarters location

San Ramon, CA, US

Year founded

1948

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