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Director Operational Risk Jobs in Phoenix, AZ (NOW HIRING)

Associate - Tech Risk & Control

Phoenix, AZ · On-site

$78K - $124.75K/yr

The role supports the Director by coordinating ownership, actions, and escalation paths with ETS ... Experience in technology risk, operational risk, controls, or technology governance within a large ...

LOB Risk Specialist Sr

Phoenix, AZ · On-site

$55K - $141.70K/yr

... Change, Operations Management, Risk Management Programs, Strategic Planning, Technology Risk ... direct industry experience. Certifications are often desired. In lieu of a degree, a comparable ...

Director, Risk Control

Scottsdale, AZ · Remote

$150K - $165K/yr

The Director, Risk Control supports Arch Insurance's Large Account Construction business unit by ... Strong knowledge of construction operations, delivery systems, contracts, and contractual risk ...

Director, Risk Control

Scottsdale, AZ · Remote

$150K - $165K/yr

The Director, Risk Control supports Arch Insurance's Large Account Construction business unit by ... Strong knowledge of construction operations, delivery systems, contracts, and contractual risk ...

This position will report to the Director, Third-Party Management for first line of defense TPRM ... Basic understanding of Operational Risk Management Programs and frameworks * Experience managing ...

This position will report to the Director, Third-Party Management for first line of defense TPRM ... Basic understanding of Operational Risk Management Programs and frameworks * Experience managing ...

Mentor and guide talent development of direct reports and assist in hiring Required Qualifications ... Ensure compliance with enterprise operational, risk, and regulatory requirements * Maintain ...

Mentor and guide talent development of direct reports and assist in hiring Required Qualifications ... Ensure compliance with enterprise operational, risk, and regulatory requirements * Maintain ...

Director, Operations Time Type: Full Time POSITION SUMMARY The Director of Operations provides ... operational excellence through standardization of existing practices, risk assessment and review of ...

... operational risk management, audit, compliance, or related disciplines. Minimum of 5 years of experience managing a team of at least 5 direct reports. Experience implementing, executing, building, or ...

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Director Operational Risk information

See Phoenix, AZ salary details

$53.6K

$142.2K

$258.2K

How much do director operational risk jobs pay per year?

As of May 31, 2026, the average yearly pay for director operational risk in Phoenix, AZ is $142,169.00, according to ZipRecruiter salary data. Most workers in this role earn between $104,800.00 and $166,300.00 per year, depending on experience, location, and employer.

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.

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 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.

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 Phoenix, AZ? The most popular types of Operational Risk jobs in Phoenix, AZ are:
What job categories do people searching Director Operational Risk jobs in Phoenix, AZ look for? The top searched job categories for Director Operational Risk jobs in Phoenix, AZ are:
What cities near Phoenix, AZ are hiring for Director Operational Risk jobs? Cities near Phoenix, AZ with the most Director Operational Risk job openings:
Infographic showing various Director Operational Risk job openings in Phoenix, AZ as of May 2026, with employment types broken down into 1% As Needed, 90% Full Time, 6% Part Time, 1% Temporary, 1% Contract, and 1% Nights. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $142,169 per year, or $68.4 per hour.
Information Risk Management, Vice President

Information Risk Management, Vice President

MUFG

Tempe, AZ • Hybrid

$125K - $164K/yr

Full-time

Medical, Retirement, PTO

Posted 21 days ago


Job description

Do you want your voice heard and your actions to count?

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading financial groups. Across the globe, we're 150,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world.

With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Join MUFG, where being inspired is expected and making a meaningful impact is rewarded.

The selected colleague will work at an MUFG office or client sites four days per week and work remotely one day. A member of our recruitment team will provide more details.

Job Summary:

We're seeking a Vice President of Risk and Controls Operations to support the oversight of all front line and support units to ensure effective risk management across the enterprise. This role will be responsible for coordinating and operationalizing the next generation of technology risk and control assessments throughout the enterprise, while continuing to operate current risk management practices and routines.

Responsibilities:

  • Working with First Line of Defense, operationalize and coordinate enterprise-wide business application inherent risk assessments for technology risks.

  • Support coordination with global related entities' risk management harmonization efforts in order to align risk taxonomies, rating approaches and practices.

  • Support the coordination for oversight of enterprise controls and remediation of high-risk issues.

  • Review and challenge technology controls, processes and projects, including for Cyber Security, Vendor Management and Disaster Recovery

  • Lead the development of training materials associated with Risk Oversight

Skills and Requirements:

  • Bachelor's degree in related field.

  • 8 + years' experience in financial services.

  • 3+ years' experience in risk and/or controls related roles.

  • Strong analytical skills with the ability to manipulate data sources and create view and correlate information from several sources

  • Previous experience with the implementation, mapping, and alignment of technology processes with existing industry frameworks such as NIST, COBIT, ITIL.

  • Knowledge of risk and control frameworks and governance models for Technology

  • Previous experience in Software Development or Technology Infrastructure engineering or operations

  • Familiarity with operational risk management and Bank regulators and requirements.

  • Strong leadership, people management, and presentation skills.

  • Strong analytical, problem-solving and negotiation skills.

  • Flexibility and ability to prioritize deliverables.

  • Advanced skills in Microsoft Office Suite: Excel, PowerPoint

The typical base pay range for this role is between $125K - $164K depending on job-related knowledge, skills, experience and location. This role may also be eligible for certain discretionary performance-based bonus and/or incentive compensation. Additionally, our Total Rewards program provides colleagues with a competitive benefits package (in accordance with the eligibility requirements and respective terms of each) that includes comprehensive health and wellness benefits, retirement plans, educational assistance and training programs, income replacement for qualified employees with disabilities, paid maternity and parental bonding leave, and paid vacation, sick days, and holidays. For more information on our Total Rewards package, please click the link below.

MUFG Benefits Summary

We will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws (including (i) the San Francisco Fair Chance Ordinance, (ii) the City of Los Angeles' Fair Chance Initiative for Hiring Ordinance, (iii) the Los Angeles County Fair Chance Ordinance, and (iv) the California Fair Chance Act) to the extent that (a) an applicant is not subject to a statutory disqualification pursuant to Section 3(a)(39) of the Securities and Exchange Act of 1934 or Section 8a(2) or 8a(3) of the Commodity Exchange Act, and (b) they do not conflict with the background screening requirements of the Financial Industry Regulatory Authority (FINRA) and the National Futures Association (NFA). The major responsibilities listed above are the material job duties of this role for which the Company reasonably believes that criminal history may have a direct, adverse and negative relationship potentially resulting in the withdrawal of conditional offer of employment, if any.The above statements are intended to describe the general nature and level of work being performed. They are not intended to be construed as an exhaustive list of all responsibilities duties and skills required of personnel so classified.We are proud to be an Equal Opportunity Employer and committed to leveraging the diverse backgrounds, perspectives and experience of our workforce to create opportunities for our colleagues and our business. We do not discriminate on the basis of race, color, national origin, religion, gender expression, gender identity, sex, age, ancestry, marital status, protected veteran and military status, disability, medical condition, sexual orientation, genetic information, or any other status of an individual or that individual's associates or relatives that is protected under applicable federal, state, or local law.

MUFG logo

About MUFG

Sourced by ZipRecruiter

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), the 6th largest financial group in the world. Across the globe, we're 160,000 colleagues, striving to make a difference for every client, organization, and community we serve. We stand for our values, building long-term relationships, serving society, and fostering shared and sustainable growth for a better world. With a vision to be the world's most trusted financial group, it's part of our culture to put people first, listen to new and diverse ideas and collaborate toward greater innovation, speed and agility. This means investing in talent, technologies, and tools that empower you to own your career.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

New York, NY, US

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