1

Head Of Operational Risk Jobs in Illinois (NOW HIRING)

Head of EHS Americas

Chicago, IL

$85K - $116K/yr

The Head of Americas EHS will work in partnership with key operational stakeholders including ... organisational risk across the region and working with operational leaders and regional EHS ...

Head of Programs

Chicago, IL · On-site

$200K - $232K/yr

The Role The US Head of Programs is a senior portfolio management position responsible for the ... risk appetite, etc. Operational and Cross-Functional * Manage the full life-cycle of the launch of ...

Showing results 41-60

Head Of Operational Risk information

See Illinois salary details

$45.5K

$117K

$229.7K

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

As of Aug 17, 2026, the average yearly pay for head of operational risk in Illinois is $116,967.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,200.00 and $154,100.00 per year, depending on experience, location, and employer.

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.

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 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 Illinois?

For Head Of Operational Risk jobs in Illinois, the most frequently searched job titles are:

What job categories do people searching Head Of Operational Risk jobs in Illinois look for?

The top searched job categories for Head Of Operational Risk jobs in Illinois are:

What cities in Illinois are hiring for Head Of Operational Risk jobs?

Cities in Illinois with the most Head Of Operational Risk job openings:

Infographic showing various Head Of Operational Risk job openings in Illinois as of August 2026, with employment types broken down into 91% Full Time, 8% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $116,967 per year, or $56.2 per hour.

Head of Total Rewards Operations, U.S. & Canada

Siemens Healthineers

Chicago, IL

$189K - $261K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 9 days ago


Siemens Healthineers rating

8.4

Company rating: 8.4 out of 10

Based on 89 frontline employees who took The Breakroom Quiz

99th of 490 rated machine equipment manufacturers


Job description

Join us in pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably.
Our inspiring and caring environment forms a global community that celebrates diversity and individuality. We encourage you to step beyond your comfort zone, offering resources and flexibility to foster your professional and personal growth, all while valuing your unique contributions.

Head of Total Rewards Operations - U.S. & Canada

Siemens Healthineers is seeking a Head of Total Rewards Operations - U.S. & Canada to lead the execution and delivery of Total Rewards administration across the region.

This is a hands-on operational leadership role, responsible for service delivery, controls, and team performance-not strategy or program design. You will ensure accurate, compliant, and efficient execution across a complex, high-volume environment.

Key Responsibilities

Operational Leadership

  • Lead end-to-end delivery across Benefits, Compensation Administration, Leave & Absence, and Mobility
  • Drive performance against SLAs, KPIs, and operational metrics
  • Ensure consistent, accurate, and timely execution across all processes

Controls & Compliance

  • Own SOPs, internal controls, and audit readiness
  • Ensure compliance with U.S. and Canadian regulations, tax rules, and company policies
  • Partner with Audit, Legal, and Finance on SOX controls and reviews
  • Proactively identify and mitigate operational risk

Team Leadership

  • Lead and develop a multi-functional operations team
  • Provide guidance on complex cases and escalations
  • Drive accountability, ownership, and performance standards

Systems & Process Improvement

  • Partner with HRIS/IT on Workday, Dayforce, and system enhancements
  • Drive process standardization, automation, and efficiency
  • Manage operational calendars and workflows

Reporting & Financial Alignment

  • Oversee reporting, reconciliations, and data accuracy
  • Partner with Payroll and Finance on accruals, costing, and financial integrity

Requirements

Must-Have

  • 10+ years in HR/Total Rewards operations
  • 5+ years leadership experience
  • Experience across multiple Total Rewards functions (not siloed)
  • Strong background in controls, compliance, and audit (SOX preferred)
  • Hands-on experience with HR systems (Workday, Dayforce, or similar)
  • Knowledge of U.S. and Canadian regulatory environments

Nice-to-Have

  • Shared services or global delivery model experience
  • Certifications (CEBS, CCP, GPHR)
  • Experience with ServiceNow or similar ticketing systems

What Great Looks Like

  • Thinks in process flows and execution, not theory
  • Proactively addresses risk, controls, and audit readiness
  • Brings structure to complex operations
  • Balances people leadership with execution rigor
  • Measures impact with data and operational metrics

What This Role Is Not

  • Not Total Rewards strategy or program design
  • Not a siloed functional role

This is a high-impact operational leadership role focused on execution excellence across U.S. & Canada.

#LI-BH1

Who we are: We are a team of more than 72,000 highly dedicated Healthineers in more than 70 countries. As a leader in medical technology, we constantly push the boundaries to create better outcomes and experiences for patients, no matter where they live or what health issues they are facing. Our portfolio is crucial for clinical decision-making and treatment pathways.

How we work: When you join Siemens Healthineers, you become one in a global team of scientists, clinicians, developers, researchers, professionals, and skilled specialists, who believe in each individual's potential to contribute with diverse ideas. We are from different backgrounds, cultures, religions, political and/or sexual orientations, and work together, to fight the world's most threatening diseases and enable access to care, united by one purpose: to pioneer breakthroughs in healthcare. For everyone. Everywhere. Sustainably.

To find out more about Siemens Healthineers businesses, please visit our company page here.

The base pay range for this position is:

$189,950 - $261,184

Factors which may affect starting pay within this range may include geography/market, skills, education, experience, and other qualifications of the successful candidate.

If this is a commission eligible position the commission eligibility will be in accordance with the terms of the Company's plan. Commissions are based on individual performance and/or company performance.

The Company offers the following benefits for this position, subject to applicable eligibility requirements: medical insurance, dental insurance, vision insurance, 401(k) retirement plan. life insurance, long-term and short-term disability insurance, paid parking/public transportation, paid time off, paid sick and safe time.

Equal Employment Opportunity Statement: Siemens Healthineers is an Equal Opportunity and Affirmative Action Employer encouraging diversity in the workplace. All qualified applicants will receive consideration for employment without regard to their race, color, creed, religion, national origin, citizenship status, ancestry, sex, age, physical or mental disability unrelated to ability, marital status, family responsibilities, pregnancy, genetic information, sexual orientation, gender expression, gender identity, transgender, sex stereotyping, order of protection status, protected veteran or military status, or an unfavorable discharge from military service, and other categories protected by federal, state or local law.

EEO is the Law: Applicants and employees are protected under Federal law from discrimination. To learn more, click here.

Reasonable Accommodations: Siemens Healthineers is committed to equal employment opportunity. As part of this commitment, we will ensure that persons with disabilities are provided reasonable accommodations.

If you require a reasonable accommodation in completing a job application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please fill out the accommodations form here. If you're unable to complete the form, you can reach out to our HR People Connect People Contact Center for support at peopleconnectvendorsnam.func@siemens-healthineers.com. Please note HR People Connect People Contact Center will not have visibility of your application or interview status.

California Privacy Notice: California residents have the right to receive additional notices about their personal information. To learn more, click here.

Export Control: "A successful candidate must be able to work with controlled technology in accordance with US export control law." "It is Siemens Healthineers' policy to comply fully and completely with all United States export control laws and regulations, including those implemented by the Department of Commerce through the Export Administration Regulations (EAR), by the Department of State through the International Traffic in Arms Regulations (ITAR), and by the Treasury Department through the Office of Foreign Assets Control (OFAC) sanctions regulations."

Data Privacy: We care about your data privacy and take compliance with GDPR as well as other data protection legislation seriously. For this reason, we ask you not to send us your CV or resume by email. We ask instead that you create a profile in our talent community where you can upload your CV. Setting up a profile lets us know you are interested in career opportunities with us and makes it easy for us to send you an alert when relevant positions become open. Register here to get started.

Beware of Job Scams: Please beware of potentially fraudulent job postings or suspicious recruiting activity by persons that are currently posing as Siemens Healthineers recruiters/employees. These scammers may attempt to collect your confidential personal or financial information. If you are concerned that an offer of employment with Siemens Healthineers might be a scam or that the recruiter is not legitimate, please verify by searching for the posting on the Siemens Healthineers career site.

To all recruitment agencies: Siemens Healthineers does not accept agency resumes. Please do not forward resumes to our jobs alias, employees, or any other company location. Siemens Healthineers is not responsible for any fees related to unsolicited resumes.


What Siemens Healthineers employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom