ZipRecruiter

Log In

1

Head Of Operational Risk Jobs (NOW HIRING)

Simmons Bank

Operational Risk Manager

Little Rock, AR · On-site

Position Summary Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls ...

Simmons Bank

Operational Risk Manager

Saint Louis, MO · On-site

Position Summary Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls ...

Simmons Bank

Operational Risk Manager

Nashville, TN · On-site

Position Summary Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls ...

Simmons Bank

Operational Risk Manager

Houston, TX · On-site

Position Summary Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls ...

Simmons Bank

Operational Risk Manager

Memphis, TN

Position Summary Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls ...

Simmons Bank

Operational Risk Manager

Rogers, AR

Position Summary Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls ...

next page

Showing results 1-20

All JobsHead Of Operational Risk Jobs

Head Of Operational Risk information

See salary details

$47K

$120.7K

$237K

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

As of Jul 7, 2026, the average yearly pay for head of operational risk in the United States is $120,706.00, according to ZipRecruiter salary data. Most workers in this role earn between $73,500.00 and $159,000.00 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 cities are hiring for Head Of Operational Risk jobs? Cities with the most Head Of Operational Risk job openings:
What states have the most Head Of Operational Risk jobs? States with the most job openings for Head Of Operational Risk jobs include:
What job categories do people searching Head Of Operational Risk jobs look for? The top searched job categories for Head Of Operational Risk jobs are:
Head Of Operational Risk jobs near you
Infographic showing various Head Of Operational Risk job openings in the United States as of July 2026, with employment types broken down into 1% As Needed, 78% Full Time, 17% Part Time, 2% Temporary, 1% Contract, and 1% Nights. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $120,706 per year, or $58 per hour.
Operational Risk Manager

Operational Risk Manager

Simmons Bank

Little Rock, AR • On-site

Full-time

Posted 7 days ago

Simmons Bank rating

7.6

Company rating: 7.6 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

82nd of 144 rated banks

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!
We're committed to bringing passion and customer focus to the business.
Position Summary
Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls to minimize operational losses, and safeguard its reputation. Leads and mentors risk management team in the development and execution of risk frameworks, works closely with business units to support risk-aware decision making, enhancement of organizational resiliency, and ensures alignment with enterprise strategy. Responsible for presenting comprehensive risk insights to executive and board-level stakeholders and ensuring continuous improvement of risk management practices across the organization.
Essential Duties and Responsibilities
  • Directs the creation, review, and continuous improvement of Operational Risk Management policies and frameworks across the organization.
  • Establishes and oversees processes for identifying, assessing, and prioritizing Operational Risks organization-wide, including Risk and Control Self-Assessments (RCSA) and Scenario Analysis.
  • Responsible for the development, execution, and oversight of risk mitigation tracking processes and supporting business units in validating effective risk controls are in place.
  • Monitor, analyze, and report on operational risk exposures to management and the board, providing actionable insights and recommendations.
  • Designs and executes risk management communication and training strategies. Supports enterprise-wide operational risk culture change initiatives.
  • Selects, implements, and optimizes GRC systems; leads tool adoption and integration.
  • Establishes a culture of proactive problem-solving; Anticipates organizational risks and develops innovative, enterprise-wide solutions for complex challenges.
  • Other duties as assigned.

Qualifications
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.
Skills
  • Demonstrates exceptional communication skills at the executive and board level; crafts and delivers high-impact presentations; represents the Operational Risk function in external and high-stakes internal engagements.
  • Builds consensus among senior leadership and external partners; drives enterprise-wide Operational Risk initiatives through influence and strategic partnerships; acts as a trusted advisor on risk matters.
  • Leads advanced analytics initiatives; develops new methodologies and provides strategic insights to leadership.
  • Sets quality standards for the team; implements controls to ensure accuracy and compliance.
  • Designs and presents to executive leadership and external stakeholders; recognized as a thought leader.

Education and/or Experience
  • Advanced degree (Master's, MBA, or equivalent) required
  • 8+ years of relevant experience in banking or financial services, including significant leadership and strategic responsibilities.
  • 5+ years of direct risk management or related experience, with extensive leadership in risk management functions and cross-functional teams. Recognized as a subject matter expert and thought leader in risk management.

Computer Skills
  • MS Office programs
  • Advanced GRC and Analytics Tools

Certificates, Licenses, Registrations
  • Risk Management Certification (CREP or similar) preferred

Other Qualifications (including physical requirements)
Other
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Activities, duties and responsibilities may change at any time with or without notice.
Skills Training
  • Communication
  • Time Management
  • Critical Thinking

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.

What Simmons Bank employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply