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Director Operational Risk Jobs in Saint Paul, MN

Target

Director Risk & Control

Minneapolis, MN · On-site

$135K - $243K/yr

... retail operations. As the Director of Risk & Controls , you will shape the future of Target ... enterprise control environment as the business evolves through technology, automation, AI, and ...

Huntington

Business Card Product Director

Minnetonka, MN · Hybrid

$155K - $255K/yr

The Business Card Product Director has leadership responsibility for business card portfolio ... operational risk for business credit card products. * Monitor portfolio performance and adjust ...

Huntington

Business Card Product Director

Minnetonka, MN · Hybrid

$237K - $248K/yr

The Business Card Product Director has leadership responsibility for business card portfolio ... operational risk for business credit card products. * Monitor portfolio performance and adjust ...

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All JobsOperational Risk JobsDirector Operational Risk JobsDirector Operational Risk Jobs in Saint Paul, MN

Director Operational Risk information

See Saint Paul, MN salary details

$54.4K

$144.4K

$262.2K

How much do director operational risk jobs pay per year?

As of Aug 20, 2026, the average yearly pay for director operational risk in Saint Paul, MN is $144,373.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,400.00 and $168,900.00 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 popular job titles related to Director Operational Risk jobs in Saint Paul, MN?

For Director Operational Risk jobs in Saint Paul, MN, the most frequently searched job titles are:

What job categories do people searching Director Operational Risk jobs in Saint Paul, MN look for?

The top searched job categories for Director Operational Risk jobs in Saint Paul, MN are:

What cities near Saint Paul, MN are hiring for Director Operational Risk jobs?

Cities near Saint Paul, MN with the most Director Operational Risk job openings:

Director Operational Risk jobs near you
Infographic showing various Director Operational Risk job openings in Saint Paul, MN as of August 2026, with employment types broken down into 91% Full Time, 8% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $144,373 per year, or $69.4 per hour.

Director Risk & Control

Target

Minneapolis, MN • On-site

$135K - $243K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

This job post has expired 1 day ago. Applications are no longer accepted.

Target rating

6.6

Company rating: 6.6 out of 10

Based on 6,992 frontline employees who took The Breakroom Quiz

14th of 39 rated national retailers

Job description

The pay range is $135,000.00 - $243,000.00

Pay is based on several factors which vary based on position.These include labor markets and in some instancesmay include education, work experience and certifications. In addition to your pay, Target cares about and invests in you as a team member, so that you can take care of yourself and your family. Target offers eligible team members and their dependents comprehensive health benefits and programs, which may include medical, vision, dental, life insurance and more, to help you and your family take care of your whole selves.Other benefits for eligible team members include 401(k), employee discount, short term disability, long term disability, paid sick leave, paid national holidays, and paid vacation.Find competitive benefits from financial and education to well-being and beyond at https://corporate.target.com/careers/benefits.

About us:

Working at Target means helping all families discover the joy of everyday life. We bring that vision to life through our values and culture.Learn more about Target here.

Right on pace with Target's distinctive retail brand, Target Finance and Accounting are transforming for the better. As so much more than a behind-the-scenes number-cruncher, you will be a truly collaborative partner with a seat at the table. You'll bring your unique point of view, experience and passion for the work to your team and internal clients. Within Finance, you'll enjoy the interesting challenges of the competitive retail space, and you'll have a 360-degree impact-rather than on just one part of the business. You'll see your contributions come to life in virtually every area of this dynamic enterprise. And you'll grow and be challenged in your career while having a healthy balance with life outside of work.

A role inFinance Risk & Controlscalls on your risk acumen and Sarbanes-Oxley compliance knowledge to build a world-class internal control environment. Here, you'll collaborate to assess risk, design controls and provide insights to develop innovative risk management solutions. Championing an adaptive, initiative driven and transformational mindset to cultivate new ideas will be critical to ensuring the success of Target's business initiatives and core retail operations.

As the Director of Risk & Controls, you will shape the future of Target's enterprise control environment as the business evolves through technology, automation, AI, and large-scale transformation. You will provide strategic leadership across Finance, Technology, and business teams to anticipate emerging risks, influence key decisions, and embed effective financial, operational, and compliance controls into evolving processes and platforms. This highly visible leadership role requires the ability to lead through ambiguity, build strong cross-functional partnerships, and proactively design a control environment that enables innovation while maintaining compliance with Sarbanes-Oxley and other regulatory requirements. Reporting to the Senior Director, Financial Reporting, you will develop a high-performing team that drives controls excellence and strengthens enterprise governance as Target continues to evolve.

Success in this role requires strong judgment, curiosity, and the ability to create clarity in complex and evolving situations. You will need to anticipate issues before they become problems, ask thoughtful questions, make practical risk-based decisions, and communicate control implications in a way that builds alignment and trust. Candidates will need to be able to balance technical depth with enterprise perspective, knowing when to challenge, when to simplify, and how to help teams move forward with confidence.

Core responsibilities of this job are described within this job description. Job duties may change at any time due to business needs.

About you:

  • College degree in Accounting, Finance, Technology or related field or equivalent experience

  • 8-10+ years of supervisory accounting, finance, and/or technology experience

  • Substantial experience evaluating financial risks and related controls over complex end-to-end business processeswithin an evolving technology landscape

  • Experience developing and executing a strategic vision for a risk and controls organization within a complex, evolving business environment

  • Demonstrated inclusive team leadership skills; ability to develop and motivate team members with diverse experiences and backgrounds

  • Exceptional written and verbal communication skills, with experience presenting complex risk and control topics to senior leaders and executive stakeholders.

  • Proven ability to influence senior leaders and drive alignment across Finance, Technology, and business teams without direct authority

  • Experience collaborating effectivelywith internal and external stakeholders, including external auditors

  • Knowledge of process automation and data analysis tools

  • CPA preferred

Benefits Eligibility

Please paste this url into your preferred browser to learn about benefits eligibility for this role: https://tgt.biz/BenefitsForYou_F

Americans with Disabilities Act (ADA)

In compliance with state and federal laws, Target will make reasonable accommodations for applicants with disabilities. If a reasonable accommodation is needed to participate in the job application or interview process, please reach out to candidate.accommodations@HRHelp.Target.com. Non-accommodation-related requests, such as application follow-ups or technical issues, will not be addressed through this channel.

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About Target

Sourced by ZipRecruiter

We're here to help all families discover the joy of everyday life. Target is a general merchandise retailer with stores in all 50 U.S. states and the District of Columbia. 75% of the U.S. population lives within 10 miles of a Target store. We employ 400,000+ Our tagline is "Expect More. Pay Less." We've been using it since 1994! The Target Corporation also owns Shipt and Roundel. More to love! Target is headquartered in Minneapolis, Minnesota, its hometown since the first Target store opened in 1962 under The Dayton Company.

Industry

Retail and scientific research and development services

Company size

10,000+ Employees

Headquarters location

Minneapolis, MN, US

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