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Head Of Operational Risk Jobs in Virginia (NOW HIRING)

Minimum of 5 years of experience in property loss prevention, risk engineering, operational risk management, insurance risk consulting, business continuity, or a related discipline * Experience with ...

Minimum of 5 years of experience in property loss prevention, risk engineering, operational risk management, insurance risk consulting, business continuity, or a related discipline * Experience with ...

This role provides structured program, analytical, and operational support to ensure consistent delivery of Operational Risk initiatives across all Mars Segments globally. The Operational Risk ...

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of ... Freddie Mac is seeking an Operational Risk Professional to join the Investments & Capital Markets ...

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of ... Freddie Mac is seeking an Operational Risk Professional to join the Investments & Capital Markets ...

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of ... As an Operational Risk Business Lead, you will: * Deliver independent oversight of Freddie Mac ...

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of ... As an Operational Risk Business Lead, you will: * Deliver independent oversight of Freddie Mac ...

Develop and maintain risk management frameworks for lending and trading operations. * Conduct ... Qualifications: * 10+ years of experience in risk management within traditional finance (TradFi) or ...

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of ... Do you have strong experience in operational risk and controls, change management, and reporting ...

Operational Risk Business Lead

Mclean, VA · On-site

$126K - $188K/yr

At Freddie Mac, our mission of Making Home Possible is what motivates us, and it's at the core of ... Do you have strong experience in operational risk and controls, change management, and reporting ...

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Head Of Operational Risk information

See Virginia salary details

$46.6K

$119.7K

$235K

How much do head of operational risk jobs pay per year?

As of Jul 28, 2026, the average yearly pay for head of operational risk in Virginia is $119,670.00, according to ZipRecruiter salary data. Most workers in this role earn between $72,900.00 and $157,600.00 per year, depending on experience, location, and employer.

How does the Head of Operational Risk typically collaborate with other departments to manage organizational risk?

The Head of Operational Risk works closely with departments such as compliance, audit, IT, and business units to identify, assess, and mitigate risks across the organization. Regular cross-functional meetings, risk assessments, and workshops are common practices to ensure all teams are aligned on risk management strategies. This collaborative approach helps to create a comprehensive risk culture, ensures effective communication of risk policies, and supports proactive management of emerging risks. Strong interpersonal and leadership skills are essential for building relationships and driving risk initiatives across diverse teams.

What does a Head of Operational Risk do?

A Head of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's day-to-day operations. They develop risk management strategies, implement policies, and ensure compliance with regulatory requirements. This role often involves overseeing risk assessments, collaborating with various departments, and reporting to senior management or the board. Their main goal is to minimize losses and enhance the organization's resilience against operational threats.

What are the key skills and qualifications needed to thrive as a Head of Operational Risk, and why are they important?

To thrive as a Head of Operational Risk, you need strong expertise in risk management, analytical skills, and a background in finance or business, often supported by relevant degrees and industry certifications such as FRM or PRM. Familiarity with risk assessment tools, regulatory compliance systems, and data analysis platforms is typically required. Exceptional leadership, communication, and strategic thinking are crucial soft skills for influencing stakeholders and guiding risk culture. These skills and qualities are vital for identifying, mitigating, and managing risks to ensure organizational stability and regulatory compliance.
What are popular job titles related to Head Of Operational Risk jobs in Virginia? For Head Of Operational Risk jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Head Of Operational Risk jobs in Virginia look for? The top searched job categories for Head Of Operational Risk jobs in Virginia are:
Infographic showing various Head Of Operational Risk job openings in Virginia as of July 2026, with employment types broken down into 1% As Needed, 79% Full Time, 16% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 95% Physical, 2% Hybrid, and 3% Remote job distribution, with an average salary of $119,670 per year, or $57.5 per hour.
Operational Risk Governance Analyst

Operational Risk Governance Analyst

Truist

Richmond, VA • On-site, Remote

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 3 days ago


Truist rating

7.9

Company rating: 7.9 out of 10

Based on 117 frontline employees who took The Breakroom Quiz

78th of 170 rated banks


Job description

The position is described below. If you want to apply, click the Apply Now button at the top or bottom of this page. After you click Apply Now and complete your application, you'll be invited to create a profile, which will let you see your application status and any communications. If you already have a profile with us, you can log in to check status.

Need Help?

If you have a disability and need assistance with the application, you can request a reasonable accommodation. Send an email to Accessibility (accommodation requests only; other inquiries won't receive a response).

Regular or Temporary:

Regular

Language Fluency: English (Required)

Work Shift:

1st shift (United States of America)Please review the following job description:Execute the governance processes supporting the design, implementation, and execution of Internal Controls, Risk and Control Self-Assessment (RCSA), and Risk Identification Programs. Perform key governance activities, including maintenance of governance documentation, stakeholder engagement and oversight, training and awareness, and reporting support.

**For this opportunity, Truist will not sponsor an applicant for work visa status or employment authorization, nor will we offer any immigration-related support for this position. This includes, but is not limited to:

  • H-1B,

  • F-1 OPT

  • F-1 STEM OPT

  • F-1 CPT

  • J-1

  • TN-1

  • TN-2

  • E-3

  • O-1

  • Future sponsorship for U.S. lawful permanent residence status

LOCATION:

Please note that candidate must be located in *or* willing to self-relocate to one of the following locations:

  • Charlotte, NC

  • Winston Salem, NC

  • Richmond, VA

Truist 'in office' requirement is 5 days per week. No full remote or relocation assistance available at this time.

Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time.

1. Execute processes providing oversight of Operational and Model Risk Transformation initiatives helping drive quality of risk execution activities. Focus will be on risk program elements (RCSA, Control Testing, Third Party, Model, Change and Products and Services); scope will be dynamic based on execution priorities and progress. Inform and escalate results to the Head of Operational Risk Governance and Transformation for further escalation.

2. Identify thematic trends in execution deficiencies, root causes and recommendations of remedial actions to inform risk execution activities.

3. Execute processes and reporting for a highly effective governance function appropriately tailored to Operational and Model Risk. Primary focus will be to manage Operational and Model Risk Operations as well as policy governance activities.

4. Execute processes that drive ORM reporting to ensure transparency of operational and model risk to Head of Operational Risk Governance and Transformation in support of Chief Risk Officer, Operational Risk Management Committee, other risk committees, senior risk officers, Executive Leadership, Board of Directors, LOB managers, as well as regulatory agencies.

5. Provide inputs and data to execute the OMRM Risk Taxonomy, Risk Appetite Framework operational risk metrics and Key Risk Indicators.

6. Provide inputs and data to execute issues management reporting and monitoring for Operational Risk Management issues, driving accountability for timely remediation.

7. Provide inputs and data to manage OMRM policies, creating expectations and timelines to ensure consistency, adequacy, and Policy and Procedure Management adherence.

8. Execute ORM Operations processes to support risk program owners and hiring managers with onboarding team members.

9. Provide targeted feedback in areas of focus to Operational and Model Risk Program Owners based on results of governance activities, track remedial actions, and monitor for sustainable execution under the oversight of the Head of Operational Risk Governance and Transformation. Successfully influence change in a manner consistent with Truist's Purpose, Mission, and Values.

10. Identifying executional best practices to inform Operational and Model Risk teams.

11. Proactively identify improvements to policies, procedures, practices, processes, and methodologies to support continuous improvement of risk execution.

Required Qualifications:

The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

1. Bachelor's degree in business or related field or equivalent education and related training or experience.

2. Three years of relevant experience in Risk or Audit functions in a large regional or US financial services firm or commensurate experience as an examiner within the financial services industry.

3. Excellent time management organizational skills; excellent communication (verbal and written), and presentation and facilitation skills. Excellent interpersonal and relationship management skills with ability to interact and communicate within all levels of organization.

4. Ability to work strategically and tactically, comfortable seeing and defining the "big picture" while managing details.

5. Strong business acumen and organizational agility.

6. Ability to identify and influence change in a manner consistent with Truist's purpose, mission, and values.

7. Profound sense of ethics and the ability to deal with pressure from constituents.

8. Proficiency in Microsoft Office including Word, Excel, PowerPoint, and others.

Preferred Qualifications:

  • Experience supporting Risk Program Governance functions, including policy and procedure management, issue tracking and remediation, committee reporting, training coordination, and governance routines.

  • Knowledge of risk and control frameworks, with exposure to Controls, RCSA (Risk & Control Self-Assessment), risk identification activities, and cross-functional stakeholder engagement within a regulated environment.

Annual Base Salary for this position is: $115,000 - $125,000

General Description of Available Benefits for Eligible Employees of Truist Financial Corporation: All regular teammates (not temporary or contingent workers) working 20 hours or more per week are eligible for benefits, though eligibility for specific benefits may be determined by the division of Truist offering the position.Truist offers medical, dental, vision, life insurance, disability, accidental death and dismemberment, tax-preferred savings accounts, and a 401k plan to teammates. Teammates also receive no less than 10 days of vacation (prorated based on date of hire and by full-time or part-time status) during their first year of employment, along with 10 sick days (also prorated), and paid holidays. For more details on Truist's generous benefit plans, please visit our Benefits site. Depending on the position and division, this job may also be eligible for Truist's defined benefit pension plan, restricted stock units, and/or a deferred compensation plan. As you advance through the hiring process, you will also learn more about the specific benefits available for any non-temporary position for which you apply, based on full-time or part-time status, position, and division of work.

Truist is an Equal Opportunity Employer that does not discriminate on the basis of race, gender, color, religion, citizenship or national origin, age, sexual orientation, gender identity, disability, veteran status, or other classification protected by law. Truist is a Drug Free Workplace.

EEO is the Law E-Verify IER Right to Work


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About Truist

Sourced by ZipRecruiter

Truist is combining distinctive personal service with investments in innovation to create transformational client experiences. We believe the unique blend of human touch and innovative technology will set us apart, instill confidence, and build deeper levels of trust with our clients

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

2019