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Director Operational Risk information

See Washington, DC salary details

$61K

$161.7K

$293.6K

How much do director operational risk jobs pay per year?

As of Jun 1, 2026, the average yearly pay for director operational risk in Washington, DC is $161,685.00, according to ZipRecruiter salary data. Most workers in this role earn between $119,100.00 and $189,100.00 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 Washington, DC? The most popular types of Operational Risk jobs in Washington, DC are:
What are popular job titles related to Director Operational Risk jobs in Washington, DC? For Director Operational Risk jobs in Washington, DC, the most frequently searched job titles are:
What job categories do people searching Director Operational Risk jobs in Washington, DC look for? The top searched job categories for Director Operational Risk jobs in Washington, DC are:
Director Operational Risk jobs near you
Director, Risk Management- International Markets

Director, Risk Management- International Markets

Capital One

Mclean, VA

Full-time

Posted 25 days ago

Capital One rating

7.7

Company rating: 7.7 out of 10

Based on 134 frontline employees who took The Breakroom Quiz

74th of 141 rated banks

Job description

Director, Risk Management- International Markets

As a Director of Risk Management at Capital One you will apply your leadership and analytical skills to our highest profile Risk Management projects. You will lead a team of Risk Specialists and act as a thought leader working across the enterprise to develop and implement cutting edge Risk solutions to ensure Capital One's continued stability and success. Directors in Capital One's Risk Management organization partner with Executives and lines of business to drive organizational change in order to better manage the Company's Risk in an open, collaborative environment where new ideas and solutions are both welcomed and rewarded.


Directors in Risk Management at Capital One are highly motivated Risk Management professionals with excellent organizational, leadership and communication skills. They have a high level of exposure across lines of business and the opportunity to work with Executives to create and implement innovative solutions to identify and mitigate potential risks to the Company.


Responsibilities:

  • Establish & lead international risk programs office to enable acceptance strategies

  • Lead risk activities for country risk assessments, exits, and new market entry

  • Triage legal and compliance engagement on BAU market activity

  • Support international integration commitments

  • Engage in international risk forums and analysis on strategic initiatives


Basic Qualifications:

  • Bachelors Degree or military experience

  • At least 5 years of experience in Risk Management

  • At least 2 years experience in Operations Management

  • At least 2 years experience in Project Management

  • At least 2 years experience in People Management


Preferred Qualifications:

  • Masters Degree in Business Management, Finance, Accounting, Economics, Mathematics or Project Management

  • At least 7 years of experience in Risk Management or Governance

  • Business Process Management certification (internal Capital One certification) Six Sigma Lean, Green Belt or Black Belt certification, Agile Coach certification, Compliance Certification (CRCM)


At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

Chicago, IL: $187,300 - $213,700 for Director, Risk Management


McLean, VA: $206,000 - $235,100 for Director, Risk Management


New York, NY: $224,800 - $256,500 for Director, Risk Management









Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).

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