Director, Operational Risk

Title: Director, Operational Risk

Location: Boston, MA

Salary: $150k - $180k base + bonus

Company Summary:

We are partnered with a large institutional investment management firm overseeing more than $2 trillion in assets under management. This role sits within the Risk organization and offers the opportunity to help shape and enhance the firm's operational risk framework across the enterprise. The position works closely with senior leadership and business stakeholders on risk governance, operational risk assessments, risk reporting, controls, vendor risk, business continuity, and broader enterprise risk initiatives.

Responsibilities:

• Lead the enhancement of the firm's operational risk framework, governance processes, and risk management policies.
• Conduct risk assessments and scenario analysis, and partner with the business on risk mitigation strategies.
• Develop KRIs, reporting, and analytics to monitor and communicate risk across the organization.
• Maintain and enhance the firm's GRC platform, risk taxonomy, controls inventory, and assessment methodology.
• Support operational resilience, vendor risk, business continuity, and other enterprise risk initiatives.
• Partner with senior leadership and cross-functional stakeholders to strengthen risk management across the firm.

Qualifications:

• 10+ years of experience in Operational Risk, Enterprise Risk, Risk Governance, or related disciplines.
• Strong understanding of risk frameworks, risk assessments, KRIs, and risk reporting.
• Experience designing or enhancing operational risk programs and governance processes.
• Ability to leverage data and metrics to support risk identification and decision-making.
• Strong stakeholder management and communication skills, with experience partnering across business functions.
• Experience with GRC platforms, operational resilience, vendor risk, or business continuity programs preferred.
• Asset management or broader financial services experience preferred.

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