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Director Operational Risk Jobs in Toms River, NJ

... provide direct unencumbered evaluations. This role operates in a consultative manner and is ... operational risk management. • Monitor the organization's risk management program in a manner ...

... operational responsibilities, and regulatory obligations. Perform an annual organizational risk ... Directors regarding compliance program progress, audit findings, emerging trends, and regulatory ...

Compliance Director

East Brunswick, NJ · On-site

$100K - $150K/yr

... operational responsibilities, and regulatory obligations. • Perform an annual organizational risk ... Directors regarding compliance program progress, audit findings, emerging trends, and regulatory ...

Compliance Director

East Brunswick, NJ · On-site

$100K - $150K/yr

... operational responsibilities, and regulatory obligations. ● Perform an annual organizational risk ... Directors regarding compliance program progress, audit findings, emerging trends, and regulatory ...

As the Commercial Credit Director, Real Estate Credit Risk Management organization for the ... Operations, Portfolio Risk, Risk Appetite Competencies Conflict Management, Credit Analysis and ...

New

Director of Supply Chain

Tinton Falls, NJ · On-site

$192K - $217K/yr

Risk Management and Business Continuity * Cost Management and Negotiation * Supply Chain Systems ... Working with operations and production to build a backend inventory infrastructure that scales with ...

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Director Operational Risk information

See Toms River, NJ salary details

$54.6K

$144.7K

$262.7K

How much do director operational risk jobs pay per year?

As of Aug 6, 2026, the average yearly pay for director operational risk in Toms River, NJ is $144,668.00, according to ZipRecruiter salary data. Most workers in this role earn between $106,600.00 and $169,200.00 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 Toms River, NJ? The most popular types of Operational Risk jobs in Toms River, NJ are:
What job categories do people searching Director Operational Risk jobs in Toms River, NJ look for? The top searched job categories for Director Operational Risk jobs in Toms River, NJ are:
What cities near Toms River, NJ are hiring for Director Operational Risk jobs? Cities near Toms River, NJ with the most Director Operational Risk job openings:
Infographic showing various Director Operational Risk job openings in Toms River, NJ as of July 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, 1% Temporary, and 3% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $144,668 per year, or $69.6 per hour.

Senior Risk Manager

First Bank

Hamilton, NJ • On-site

Full-time

Medical, Dental, Life, Retirement

Re-posted 28 days ago


Job description

Job description
Our goal is to hire and retain talented people with engaging personalities and exceptional work ethics. We believe in recognizing and rewarding employees who consistently perform at a high level.
We offer competitive salaries based upon experience and a comprehensive benefits package upon satisfying eligibility conditions, including health and dental insurance, life insurance, short term and long term disability, and the Bank's 401k Plan.
Position Summary:
The Senior Risk Manager participates in identifying, mitigating, monitoring and reporting on risks across the Bank. This Senior level role reports directly to the Audit Committee, providing independence necessary to provide direct unencumbered evaluations. This role operates in a consultative manner and is responsible for ensuring that business unites and managerial departments effectively monitor and manage risk in a way that is consistent with Board-approved risk limits, risk tolerance levels, and risk appetite.
Also responsible for managing the ERM program to help bank management identify key risks, the interdependency of risk, and help keep senior management focused on effective risk management.
Duties & Responsibilities:
• Oversee all enterprise risk management which incorporates programs for credit, market, compliance, and operational risk management.
• Monitor the organization's risk management program in a manner that fulfills the mission and strategic goals of the organization while complying with external and internal requirements.
• Enhance the ERM program and software to streamline the risk assessments of each area.
• Manage and maintain the Enterprise Risk Management Committee structure and actively lead the discussion in resolving risk related issues.
• Identify the risk areas of the bank and verify that risk assessments have been created.
• Determine that risk assessments are created for new products; and/or significant change in products.
• Act as the subject matter expert to advise departmental management in implementing governance and risk management programs within their own functions.
• Identify the pertinent FDIC risks as they apply to the bank.
• Maintain an annual ERM strategic plan that encompasses areas of oversight.
• Attend Board meetings; audit committee; Compliance committee; loan committee; and provide appropriate reports.
• Identify risks involved in any M&A activity.
• Perform other duties and responsibilities as needed or as designated by the Board.
Qualifications
• Bachelor's degree in accounting, Finance, Business, Management or related degree
• Preferred Certified Enterprise Risk Professional designation
• 4-7 years risk/audit experience with proven ability to proactively collaborate with colleagues and management
• Experience working in or with a Community Bank and with regulatory agencies, including FDIC and State regulators
• Strong communication, collaboration, and technical skills. Should be able to work effectively with others at all levels across the organization and provide authoritative guidance to management and staff within the organization
• Strong working knowledge of the risks associated with a banking institution as well as experience building effective internal control programs
• Experience reading and interpreting regulations, laws, and statutes. Strong research skills required
First Bank is an EEO/AA Employer, M/F-Disabled-Veteran and LGBTQ+ can apply to our company for employment opportunities.