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Director Operational Risk Jobs in Ramsey, NJ (NOW HIRING)

Operational Risk Manager

New York, NY · On-site

$110K - $135K/yr

Training & Regional Support • Deliver risk related training sessions on a monthly basis, tailored to operational risks and emerging trends. • Provide direct regional support, including: o ...

Director, Risk Strategy & Execution

New York, NY · On-site +1

$180K - $230K/yr

Our robust technology and world-class operations allow us and our brand partners to offer powerful ... As Director, Risk Strategy & Execution, you will partner closely with the Chief Risk Officer to ...

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Director Operational Risk information

See Ramsey, NJ salary details

$53.7K

$142.5K

$258.7K

How much do director operational risk jobs pay per year?

As of Jul 16, 2026, the average yearly pay for director operational risk in Ramsey, NJ is $142,471.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,000.00 and $166,700.00 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 Ramsey, NJ? The most popular types of Operational Risk jobs in Ramsey, NJ are:
What job categories do people searching Director Operational Risk jobs in Ramsey, NJ look for? The top searched job categories for Director Operational Risk jobs in Ramsey, NJ are:
What cities near Ramsey, NJ are hiring for Director Operational Risk jobs? Cities near Ramsey, NJ with the most Director Operational Risk job openings:
Infographic showing various Director Operational Risk job openings in Ramsey, NJ as of July 2026, with employment types broken down into 1% As Needed, 82% Full Time, 15% Part Time, 1% Temporary, and 1% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $142,471 per year, or $68.5 per hour.

Director, Operational Risk Coverage (Fund & Investor Solutions)

BNY

New York, NY

$130K - $211K/yr

Full-time

Posted 14 days ago


Job description

hackajob is collaborating with BNY to connect them with exceptional professionals for this role.

We’re seeking a future team member for the role of Director, Operational Risk Coverage (Fund & Investor Solutions) to join our Operational Risk team. This role is located in New York City. 

In this role, you’ll make an impact in the following ways: 

  • Define and execute the global operational risk management framework across the FIS Platform.
  • Lead the identification, assessment, monitoring, and mitigation of key operations risks in the FIS Platform and the dependent platforms that support the FIS products.
  • Ensure resilience and control effectiveness in large scale global platforms and products
  • Engage with product and technology teams to ensure safe and scalable innovation and appropriate protocols to mitigate execution risk.
  • Provide effective risk management challenge and oversight of change initiatives, including new or modified products, process changes and client onboarding, ensuring risks are identified, assessed, and mitigated effectively. Consider the impact to FIS products as the result of market and industry changes
  • Anticipate emerging risks (geopolitical, macroeconomic, regulatory, technology) and advise leadership on strategic response.
  • Drive alignment between global standards and local operational requirements.
  • Partner with Platform leadership to embed a strong risk culture, identify risk areas, concerns, patterns & trends and drive adherence to the policies, regulations, and industry standards. Support ongoing education of stakeholders through tailored training risk related matters.
  • Communicate risk insights effectively to senior leadership and stakeholders to support informed risk-taking and integration of risk management into decision-making and business processes.
  • Drive continuous improvement initiatives to simplify risk processes and leverage technology for enhanced risk oversight.
  • Oversee and review risk incidents and ensure remediation efforts are appropriate to minimize impact and prevent recurrence.
  • Prepare concise executive-level presentations and reports for governance and regulatory engagements.

To be successful in this role, we’re seeking the following:

  • 10-12 years prior work experience in a global, financial or professional services firm; fund services experience in first or second line of defense is essential.
  • Strong working knowledge of global regulatory environment and risk frameworks.
  • Exceptional interpersonal skills with ability to influence a diverse set of stakeholders at all levels.
  • Excellent technical and strategic risk skills including analytical, critical thinking and data analytics.
  • Exceptional written and verbal communication skills to interact with colleagues and present to internal and external stakeholders.
  • Ability to learn, assimilate new information quickly and adjust to a changing environment. 
  • Bachelor’s degree with a focus in business, finance, or related discipline and relevant industry qualifications are an advantage.

BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $130,000 and $211,500 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs. 
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

For over 230 years, the people of BNY Mellon have been at the forefront of finance, expanding the financial markets while supporting investors throughout the investment lifecycle. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments & safeguards nearly one-fifth of the world's financial assets. BNY Mellon remains one of the safest, most trusted and admired companies. Every day our employees make their mark by helping clients better manage and service their financial assets around the world. Whether providing financial services for institutions, corporations or individual investors, clients count on the people of BNY Mellon across time zones and in 35 countries and more than 100 markets. It's the collective ambition, innovative thinking and exceptionally focused client service paired with a commitment to doing what is right that continues to set us apart. Make your mark: bnymellon.com/careers.