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Chief Operating Officer Jobs in Chicago, IL (NOW HIRING)

The COO works closely with the President & CEO to ensure exceptional resident care and services, operational excellence, regulatory compliance, financial stewardship, and employee engagement ...

Chief Operating Officer

Chicago, IL ยท On-site

$150K - $180K/yr

The COO works closely with the President & CEO to ensure exceptional resident care and services, operational excellence, regulatory compliance, financial stewardship, and employee engagement ...

The COO is responsible for ensuring operational excellence, regulatory compliance, fiscal stewardship, and strategic alignment across assigned departments. Responsibilities: * Leads directors and ...

Chief Operating Officer Location: Based in the Chicago area. Within 1 hr drive to/from Elmhurst. Reports to: Chief Executive Officer Job Type: Full-time Company Overview: We are a rapidly growing ...

Chief Operating Officer Location: Based in the Chicago area. Within 1 hr drive to/from Elmhurst. Reports to: Chief Executive Officer Job Type: Full-time Company Overview: We are a rapidly growing ...

Chief Operating Officer

Chicago, IL ยท On-site

$150 - $180/hr

The COO works closely with the President & CEO to ensure exceptional resident care and services, operational excellence, regulatory compliance, financial stewardship, and employee engagement ...

If you wish to contribute to the Prime Healthcare legacy as a Chief Operating Officer for a hospital within our family of acute care hospitals (or one of our future hospitals), we invite you to join ...

Chief Operating Officer

Chicago, IL ยท On-site

$180 - $250/hr

Responsibilities If you wish to contribute to the Prime Healthcare legacy as a Chief Operating Officer for a hospital within our family of acute care hospitals (or one of our future hospitals), we ...

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Chief Operating Officer information

See Chicago, IL salary details

$42.8K

$155.8K

$277.6K

How much do chief operating officer jobs pay per year?

As of Aug 26, 2026, the average yearly pay for chief operating officer in Chicago, IL is $155,761.00, according to ZipRecruiter salary data. Most workers in this role earn between $114,900.00 and $190,600.00 per year, depending on experience, location, and employer.

What is a chief operating officer?

A Chief Operating Officer (COO) is a high-ranking executive responsible for overseeing the day-to-day operational functions of a company. The COO works closely with the Chief Executive Officer (CEO) to implement business strategies, optimize processes, and ensure that the organization runs efficiently. Their duties often include managing departments, improving productivity, and coordinating cross-functional teams. The role of a COO can vary depending on the company's size and industry, but their main goal is to ensure effective operations and drive organizational growth.

How does a chief operating officer typically collaborate with other executive leaders to drive organizational success?

A Chief Operating Officer (COO) works closely with other C-suite executives, such as the CEO, CFO, and CTO, to align operational strategies with overall business goals. This collaboration often involves regular executive meetings, cross-departmental project oversight, and joint decision-making on key initiatives. COOs are responsible for ensuring that operational processes support the company's vision and frequently act as a bridge between upper management and department heads. Effective communication and coordination with fellow leaders are essential for optimizing resources, resolving challenges, and fostering a unified organizational direction.

What are the key skills and qualifications needed to thrive as a chief operating officer, and why are they important?

To thrive as a Chief Operating Officer, you need extensive leadership experience, strong business acumen, and a track record of operational excellence, typically supported by an advanced degree such as an MBA. Familiarity with enterprise resource planning (ERP) systems, financial management tools, and industry-specific compliance frameworks is often required. Exceptional communication, strategic thinking, and problem-solving skills set outstanding COOs apart in leading cross-functional teams. These competencies are crucial for optimizing organizational efficiency, driving growth, and ensuring that operational strategies align with overall business objectives.

What is the difference between Chief Operating Officer vs Chief Financial Officer?

AspectChief Operating OfficerChief Financial Officer
Primary FocusOversees daily operations and overall business performanceManages financial planning, risk management, and financial reporting
Required CredentialsBusiness administration, management experience, often an MBAAccounting, finance degrees, CPA or CFA certifications
Work EnvironmentExecutive leadership, cross-departmental collaborationFinancial departments, strategic planning meetings
Industry UsageCommon in large corporations across industriesPrevalent in finance-heavy industries like banking, insurance

The Chief Operating Officer focuses on managing daily operations and ensuring business efficiency, while the Chief Financial Officer handles financial strategy and fiscal health. Both roles are vital in executive leadership but serve distinct functions within an organization.

Do chief operating officers make a lot of money?

Chief Operating Officers (COOs) are among the highest-paid executives in organizations, with median annual salaries often exceeding $150,000 and total compensation including bonuses and stock options reaching into the millions for large companies. Compensation varies based on industry, company size, location, and experience, and COOs typically have extensive leadership skills and operational expertise.

What does a chief operating officer typically do?

A chief operating officer (COO) is responsible for overseeing the daily operations of a company, implementing business strategies, and ensuring operational efficiency. They often work closely with other executives, manage departments, and focus on achieving organizational goals using leadership and management skills.

What is a typical chief operating officer salary?

The average salary for a chief operating officer (COO) in the United States ranges from $120,000 to $250,000 annually, with total compensation often including bonuses and stock options. Salaries vary based on company size, industry, location, and experience level, with COOs in large corporations earning higher pay. Many COOs also hold advanced degrees and extensive leadership experience.

What is the typical chief operating officer salary?

The average salary for a chief operating officer (COO) varies widely depending on the size and industry of the company, but it generally ranges from $100,000 to over $300,000 annually. In large corporations, COOs can earn significantly more, often including bonuses and stock options, with total compensation sometimes exceeding $1 million.
More about Chief Operating Officer jobs

What are the most commonly searched types of Chief Operating Officer jobs in Chicago, IL?

The most popular types of Chief Operating Officer jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Chief Operating Officer jobs?

Cities near Chicago, IL with the most Chief Operating Officer job openings:

Infographic showing various Chief Operating Officer job openings in Chicago, IL as of August 2026, with employment types broken down into 1% As Needed, 80% Full Time, 15% Part Time, 3% Contract, and 1% Nights. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $155,879 per year, or $74.9 per hour.

Chief Operating Officer

Chicago, IL โ€ข On-site

Daniel Murphy Scholarship Fund
Non-Profitsย โ€ขย 11 - 50 employees

$165 - $175/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 7 days ago


Job description

Mission of the Daniel Murphy Scholarship Fund

The Daniel Murphy Scholarship Fund (DMSF) unlocks educational opportunities for talented Chicago-area students facing financial need. We partner with Scholars, families, schools, alumni, donors, and community leaders through high school and beyond by providing scholarships, academic programs and personal support so that each Scholar can reach their full potential.

Founded by the Murphy brothers in 1989, DMSF now offers around 150 scholarships to 8th graders each year, supporting more than 500 Scholars in high school with a 100% graduation rate. Those Scholars are attending roughly 40 different parochial and independent day schools in the Chicago area, as well as 40 boarding schools from coast to coast. For more information, please visit https://www.dmsf.org/

Position Overview

The Chief Operating Officer (COO) serves as a key member of the executive leadership team and strategic partner to DMSFโ€™s CEO. The COO is responsible for leading and strengthening organizational operations, managing and supporting the Development team, driving cross-functional disciplined execution of strategic priorities, and helping advance DMSFโ€™s mission through strong operational leadership, and donor engagement support.

This role oversees day-to-day organizational effectiveness while helping position DMSF for long-term growth and sustainability. The COO works closely with the CEO on strategic planning, fundraising initiatives, board engagement, donor strategy, and organizational development, ensuring that systems, people, and priorities are aligned to maximize impact for Murphy Scholars.

The ideal candidate is a mission-driven, hands-on, highly relational, and strategic leader who thrives in a fast-paced environment, can balance high-level strategy with operational execution, and is excited to help support a high-performing nonprofit organization with a $6M+ budget.

Primary ResponsibilitiesOrganizational Leadership & Operations
  • Provide leadership and oversight of organizational operations, systems, and internal processes to ensure efficiency, accountability, and alignment across teams.
  • Lead the implementation of strategic priorities in partnership with the CEO and leadership team.
  • Develop, strengthen, and continuously improve operational systems, workflows, and internal communications that support organizational growth and effectiveness.
  • Oversee organizational goal tracking, staff accountability, project management, and cross-department coordination.
  • Build a culture of clarity, collaboration, urgency, professionalism, and continuous improvement.
  • Lead staff culture, professional development, and organizational health initiatives.
  • Partner with the CEO on board preparation, strategic planning, executive-level initiatives and special projects.
  • Identify operational challenges and proactively recommend solutions that improve organizational effectiveness.
  • Lead, mentor, and develop the Development team (2-3 direct reports).
Fundraising Operations
  • Partner with the CEO to drive fundraising strategy, donor engagement, stewardship, and revenue growth initiatives.
  • Support preparation for donor meetings, sponsorship conversations, foundation meetings, and major fundraising initiatives.
  • Conduct donor and prospect research and help develop briefing materials, talking points, meeting agendas, and follow-up strategies for the CEO.
  • Monitor fundraising progress toward annual goals and support reporting and analysis efforts.
  • In partnership with team members and outside agencies, lead operations for our annual Golf Classic (which raised $3.4M in 2026) and other fundraising events as needed.
Executive Support & Strategic Partnership
  • Serve as a strategic thought partner to the CEO on organizational priorities, opportunities, challenges, and growth initiatives.
  • Help prepare materials, presentations, follow-up and strategy documents for board meetings, donor meetings, and external partnerships.
  • Assist in managing organizational priorities and ensuring follow-through on key initiatives.
  • Represent DMSF externally with donors, partners, volunteers, schools, alumni, and community stakeholders as needed.
  • Support special projects and organizational growth initiatives led by the CEO.
  • Help translate the CEOโ€™s vision and board priorities into clear action plans, ownership, timelines, and measurable outcomes.
Financial Oversight
  • Collaborate with the CEO to develop annual program and organizational budgets and manage revisions as needed.
  • Provide oversight of all financial procedures, including bill payment, payroll coordination, expense coding, approval processes, and monthly financial review.
  • Review monthly financial reports for accuracy and help identify trends, risks and opportunities.
  • Collaborate with accountants, board finance leadership, and internal team members to ensure all approval processes, reporting requirements, and financial policies are followed and executed in a timely manner.
  • Support and coordinate pre-planning and execution for the annual audit and 990 preparation.
  • Help ensure DMSF maintains strong financial controls, clear documentation, and sound administrative practices.
Data and Systems Management
  • Work with DMSF staff, vendors and contractors to ensure accurate and timely data entry across all organizational and internal tracking systems.
  • Develop systems to enhance efficiency and maintain records to ensure the organization is compliant, timely and proactive across all organizational operations.
  • Identify opportunities to consolidate systems and better use technology, data, and reporting tools to support fundraising, programs, finance, and leadership decision-making.
Contract, Privacy, and Compliance Management
  • Serve as a liaison and provide contract management support for all office, vendor, consultant, technology and service providers.
  • Ensure DMSF Privacy and Security Policies are fully implemented and updated as needed.
  • Conduct regular risk assessments to resolve vulnerabilities and train staff as needed.
  • Help maintain appropriate records, documentation, insurance information, vendor files, and compliance materials.
Human Resources Management
  • Lead all human resource functions, working with supervisors to manage hiring, onboarding, development, performance management, offboarding, payroll coordination, and employee relations.
  • Oversee DMSF organizational policies and procedures (including manuals), creating or updating policies and procedures as needed.
  • Stay abreast of human resources laws, policies, and trends; serve as a resource to CEO and leadership and collaborate with them on potential changes.
  • Serve as a resource to staff and leadership on organizational policies, expectations, and internal processes.
Experience:
  • Bachelorโ€™s degree
  • 5+ years of nonprofit leadership in operations, administration, development or similar (a typically aligned candidate will have 10+ years of relevant work experience)
  • Demonstrated success leading multiple operations functions (experience in all areas not required): finance, human resources, compliance, data, contract/vendor management, information technology, facilities
  • Demonstrated success managing a high-performing team (must have direct supervisory experience) and leading cross-functional initiatives
  • Demonstrated success supporting executive leadership and preparing high-level internal and external communications/materials
  • Experience in or deep exposure to fundraising strategy, nonprofit development operations, donor engagement work, and events
Competencies
  • Mission-focused: You have a strong belief in DMSFโ€™s approach to the work, and a strong interest in DMSF and supporting educational access for the Scholars we serve.
  • Systems-minded: You are driven and fulfilled by creating, executing, and maintaining excellent and sustainable operational systems, which serve as the backbone of DMSFโ€™s programming and fundraising and propel organizational growth.
  • Strong-interpersonal skills: You have the ability to motivate and lead a productive team, execute initiatives across functions/departments, and are a clear communicator who can build trust (and will follow-through) with staff, board members, donors, volunteers, families, and external partners.
  • Meticulous: You are highly organized, detail-oriented, and compliance-focused; you are thorough with each part of a job, leaving nothing to chance.
  • Results-focused: You set ambitious goals, create and track team and organizational metrics, and consistently achieve results.
Compensation:

The salary range for this position is $165,000 to $175,000 (commensurate with experience and qualifications) with excellent comprehensive benefits highlighted below. This is a full-time exempt position in a hybrid work environment (3 days per week in DMSFโ€™s downtown Chicago office) and will require periodic weekend and evening work.

Benefits:

Current benefits (which are subject to change) are outlined below:

  • HMO & PPO Health Insurance options
  • Dental/Vision
  • Paid Time Off:
    • Vacation: 10 days in Year 1 with an additional day added each year worked
    • 10 Sick and Four Personal days
    • Winter Holiday Office Closure
  • Retirement match
  • Flex spending
  • Life insurance, short & long-term disability
Equal Employment Opportunity Policy

The Daniel Murphy Scholarship Fund provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws.

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