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Director Operational Risk Jobs in Woburn, MA (NOW HIRING)

The Schochet Companies

Be Seen First

Director of Risk Management

Braintree, MA · On-site

$130K - $140K/yr

Schochet is looking for an experienced Director of Risk Management to lead our company-wide risk ... You'll partner with Property Management, Operations, Maintenance, Finance, and executive leadership ...

Kroll

Manager II, Security Risk Management

Boston, MA · On-site

... direct threats to personnel, operational disruptions, and other emerging risks. This is a high ... About Kroll Join the global leader in risk and financial advisory solutions-Kroll. With a nearly ...

UKG

Lead Regulatory Compliance Analyst

Lowell, MA · On-site

You will play a key role in ensuring compliance with regulatory requirements, supporting operational risk and compliance activities, and enabling strategic growth initiatives, including international ...

UKG, Inc.

Lead Regulatory Compliance Analyst

Lowell, MA · On-site

You will play a key role in ensuring compliance with regulatory requirements, supporting operational risk and compliance activities, and enabling strategic growth initiatives, including international ...

Kroll

Manager II, Security Risk Management

Boston, MA · On-site

... direct threats to personnel, operational disruptions, and other emerging risks. This is a high ... About Kroll Join the global leader in risk and financial advisory solutions-Kroll. With a nearly ...

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All JobsOperational Risk JobsDirector Operational Risk JobsDirector Operational Risk Jobs in Woburn, MA

Director Operational Risk information

See Woburn, MA salary details

$59.1K

$156.6K

$284.4K

How much do director operational risk jobs pay per year?

As of Sep 9, 2026, the average yearly pay for director operational risk in Woburn, MA is $156,625.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,400.00 and $183,200.00 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 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 the most commonly searched types of Operational Risk jobs in Woburn, MA?

The most popular types of Operational Risk jobs in Woburn, MA are:

What job categories do people searching Director Operational Risk jobs in Woburn, MA look for?

The top searched job categories for Director Operational Risk jobs in Woburn, MA are:

What cities near Woburn, MA are hiring for Director Operational Risk jobs?

Cities near Woburn, MA with the most Director Operational Risk job openings:

Director Operational Risk jobs near you
Infographic showing various Director Operational Risk job openings in Woburn, MA as of August 2026, with employment types broken down into 83% Full Time, 16% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $152,864 per year, or $73.5 per hour.

Director, QRI Business Operations

Merrimack, NH • On-site

Fidelity Investments
Investment Management and Consulting Services • 10K+ employees
Learn more about Fidelity Investmentsexternal

Full-time

Posted 8 days ago

Fidelity Investments rating

8.7

Company rating: 8.7 out of 10

Based on 273 frontline employees who took The Breakroom Quiz

16th of 154 rated financial services

Job description


Note: Fidelity will not provide immigration sponsorship for this position.
The Role
The Director, QRI Business Operations will support investment professionals within Quantitative Research and Investments (QRI), with a primary focus on the operational processes that enable the proprietary index and quantitative research teams. This role will support daily operational activities, including data validation, vendor relationships, issue management and other investment research support functions. The individual will work closely with various research teams and collaborate across Fidelity to ensure operational processes are well-controlled, efficient, scalable, and aligned with QRI's strategic priorities.
Responsibilities
  • Build and maintain a transparent, consistent business operations framework that drives quality, control, and continuous improvement across QRI.
  • Build and maintain strong working relationships with research, technology, compliance, product, vendors, internal clients and other key business partners.
  • Drive prioritization and implement improvements in execution with a focus on automation to reduce operational risk and increase efficiency.
  • Develop a solid understanding of the quantitative investment process, including data inputs, data validation, index methodology research, issue resolution and downstream operational dependencies.
  • Ensure maintenance of workflow documentation and desktop procedures, ensuring process consistency across team members.
  • Respond to evolving business priorities and new requests while balancing risk, quality, and execution timelines.

The Expertise and Skills You Bring
  • Strong analytical capabilities, with the ability to understand complex datasets and implement effective data quality controls.
  • Strong understanding of financial data, including security, company, portfolio, and index-level information, as well as pricing across equities, fixed income, and derivatives.
  • Experience with SQL, Python, Snowflake, Oracle, and/or other data and automation tools; familiarity with data quality frameworks preferred.
  • Experience identifying anomalies, assessing data quality issues, and designing processes to improve workflow reliability and control.
  • Excellent communication and collaboration skills, with the ability to work effectively across technical, investment, operational, and senior leadership teams.
  • Ability to design effective processes, identify improvement opportunities, and proactively surface risks, gaps, and dependencies.
  • Contributes positively to the team environment and is committed to strengthening Fidelity's culture through accountability, collaboration, and continuous improvement.
  • Bachelor's degree or higher in a quantitative field such as mathematics, statistics, engineering, computer science, finance, or a related field.
  • 5 plus years of experience in investment operations, data operations, business operations, or a related financial services support function.

The Team
The Asset Management Investment Services (AMIS) division is comprised of: Business Operations and Strategy, Fidelity Fund and Investment Operations, Investment Services and Investment Risk Management teams. This division works together to support AM's strategic goals while operating as the best partner to the business to protect our clients via risk oversight, common data and support, as well as strategic business planning. The Quantitative Research Investment Services (QRI IS) team, while part of AMIS, is aligned with the priorities of the Quantitative Research and Investments (QRI) organization within Asset Management.
Fidelity's Onsite Working Model
Fidelity is transitioning to a full-time onsite working model through a phased rollout across regions and roles. Currently, some roles and locations require 100% onsite presence, while others require less. Onsite expectations are likely to evolve as the rollout continues. This transition does not apply to fully remote roles.
Certifications:
Category:
Investment Operations
Please be advised that Fidelity's business is governed by the provisions of the Securities Exchange Act of 1934, the Investment Advisers Act of 1940, the Investment Company Act of 1940, ERISA, numerous state laws governing securities, investment and retirement-related financial activities and the rules and regulations of numerous self-regulatory organizations, including FINRA, among others. Those laws and regulations may restrict Fidelity from hiring and/or associating with individuals with certain Criminal Histories.

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