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Vice President Of Risk Management Jobs in Chicago, IL

Partners with the VP of Risk direct departmental strategy, mentoring high-performing teams and ... Directs the claims management (investigation, reserving, litigation, resolution) and lead quarterly ...

Director of Risk Management

Chicago, IL · On-site

$150K - $175K/yr

Partners with the VP of Risk direct departmental strategy, mentoring high-performing teams and ... Directs the claims management (investigation, reserving, litigation, resolution) and lead quarterly ...

Partners with the VP of Risk direct departmental strategy, mentoring high-performing teams and ... Directs the claims management (investigation, reserving, litigation, resolution) and lead quarterly ...

Reporting directly to the Chief Risk Officer, EVP , the Director of Risk Management will oversee complex insurance programs, captive operations, claims management, and key financial and strategic ...

Director of Risk Management

Chicago, IL · On-site

$150K - $175K/yr

Partners with the VP of Risk direct departmental strategy, mentoring high-performing teams and ... Directs the claims management (investigation, reserving, litigation, resolution) and lead quarterly ...

VP of Operations

Chicago, IL · On-site

$186K - $225K/yr

The Vice President of Operations is responsible for leading, directing, and overseeing the ... A minimum of 10 years of managing operations including P&L ownership * Multi-site responsibility ...

Provide independent model risk management and support for the VP of Model Risk as follows: Model Validation * Perform independent and comprehensive validation of bank-wide statistical/econometric ...

Provide independent model risk management and support for the VP of Model Risk as follows: Model Validation * Perform independent and comprehensive validation of bank-wide statistical/econometric ...

VP of Asset Management

Chicago, IL · On-site

$180K - $210K/yr

Establish and manage a watchlist for underperforming or high-risk assets * Develop and guide ... VP of AM needs to align with: * Commitment to Excellence: In order to succeed, we need to be the ...

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Showing results 1-20

Vice President Of Risk Management information

See Chicago, IL salary details

$44.8K

$162.3K

$285.9K

How much do vice president of risk management jobs pay per year?

As of Aug 14, 2026, the average yearly pay for vice president of risk management in Chicago, IL is $162,281.00, according to ZipRecruiter salary data. Most workers in this role earn between $118,500.00 and $195,700.00 per year, depending on experience, location, and employer.

What is the difference between Vice President Of Risk Management vs Risk Manager?

AspectVice President Of Risk ManagementRisk Manager
CredentialsTypically requires advanced degrees (MBA, risk management certifications)Bachelor's degree often sufficient; certifications like CRM or FRM preferred
Work EnvironmentExecutive leadership, strategic planning, cross-departmental collaborationOperational focus, risk assessment, implementing risk mitigation strategies
Industry UsageUsed in large corporations, financial institutions, insurance companiesCommon in various industries including finance, healthcare, manufacturing

The Vice President Of Risk Management holds a senior leadership role focused on strategic risk oversight, while a Risk Manager handles day-to-day risk assessment and mitigation. Both roles require risk management credentials, but the VP is more involved in executive decision-making and policy development.

What are the key skills and qualifications needed to thrive as a vice president of risk management?

To excel as a Vice President of Risk Management, you need deep expertise in risk assessment, regulatory compliance, financial analysis, and typically a degree in finance, business, or a related field—often supplemented by advanced certifications like FRM or CRM. Mastery of risk management software, data analytics tools, and familiarity with GRC (governance, risk, and compliance) systems is crucial. Outstanding leadership, strategic thinking, and communication skills enable effective team management and stakeholder engagement. These competencies are vital for proactively identifying threats, ensuring regulatory compliance, and safeguarding organizational assets.

How does a vice president of risk management typically collaborate with other departments to implement risk mitigation strategies?

A Vice President of Risk Management works closely with leaders across departments—such as finance, legal, operations, and IT—to identify potential risks and develop effective mitigation strategies. This often involves leading cross-functional meetings, providing training, and ensuring everyone understands their role in risk management processes. Strong communication and relationship-building skills are essential, as the VP must align diverse teams toward common risk objectives. This collaborative approach helps ensure risk policies are effectively integrated into daily operations and long-term planning.

What does a vice president of risk management do?

A Vice President of Risk Management oversees an organization's risk management policies and strategies to identify, assess, and mitigate potential risks that could impact the company's operations, reputation, or financial standing. They lead a team responsible for analyzing risks related to finance, compliance, operations, and other key areas, and develop plans to minimize negative outcomes. This role often involves collaborating with senior leadership to ensure risk awareness across the organization and implementing best practices for risk prevention and response.

What are the most commonly searched types of Of Risk Management jobs in Chicago, IL?

The most popular types of Of Risk Management jobs in Chicago, IL are:

What cities near Chicago, IL are hiring for Vice President Of Risk Management jobs?

Cities near Chicago, IL with the most Vice President Of Risk Management job openings:

Vice President of Quality and Patient Safety

Omnia Healthcare Group

Lincolnwood, IL

$160K - $190K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 14 days ago


Job description

Omnia Healthcare Group is seeking a Vice President of Quality and Patient Safety to join their team! The Vice President of Quality and Patient Safety reporting to the Chief Strategy Officer and General Counsel, provides leadership of and is accountable for the quality assessment and performance improvement (QAPI) programs in accordance with the organization’s mission, vision, values, and strategic goals. This position develops, oversees, and analyzes the QAPI programs to ensure facilities provide resident-centered, high quality, safe, effective, efficient, timely, and equitable care. The Vice President of Quality and Patient Safety provides trends, analysis, and advice to other department heads to develop organizational strategic goals for quality and improvement and mitigation of risk. This position works with all members of leadership to achieve optimal resident care. 

Don't miss out on this incredible opportunity to join the Omnia Healthcare Group team and make a real difference in the lives of others. Apply today and take the first step towards a rewarding career as a Vice President of Quality and Patient Safety with us at Omnia. 

Vice President of Quality and Patient Safety Duties and Responsibilities: 

  • Oversees the development and the implementation of the organization’s quality assessment and performance improvement (QAPI) programs in alignment with regulatory requirements and the organization’s strategy.  

  • Develops, monitors, trends, and analyzes clinical quality targets and metrics, and designs plans to address gaps using research-based, industry-accepted quality improvement methods and resources.  

  • Reports on trends and analyses of performance on clinical quality and patient safety metrics.  

  • Works with other department leaders to create a culture of quality improvement and safety.  

  • Develops short- and long-term strategic plans regarding quality improvement, root cause analysis, and patient safety. Ensures strategies align with patient needs, regulatory requirements, and industry-accepted best practices. Effectively supports the achievement of the organization's objectives and mission.  

  • Leverages and evaluates health care technology and/or clinical information management systems to optimize quality improvement and patient care.  

  • Advises the clinical and operations teams on establishing key performance indicators and clinical goals to improve quality and manage risk.  

  • Develops and maintains strong relationships with other executives, department heads, clinical team members, and staff to ensure effective, proactive, and ongoing communication.   

  • Participates in the development, implementation, and revision of policies and procedures to accomplish the organization’s quality and risk management initiatives.   

  • Advises on, and participates in, Joint Commission, state, and any other survey responses.  

  • Maintains current knowledge of all federal, state, and local laws, regulations, and standards as they relate to long-term care QAPI and survey requirements.  

  • Responsible for understanding and adhering to the organization's Code of Conduct and for ensuring that personal actions, and the actions of employees supervised, comply with the policies, regulations and laws applicable to the organization's business. 

  • All other duties as assigned. 

Vice President of Quality and Patient Safety Skills and Abilities: 

  • Exceptional leadership ability, teamwork, problem-solving, and decision-making skills  

  • Strong Microsoft office skills and proficiency in using healthcare management software 

  • Strong strategic and analytical orientation with the ability to translate strategy and vision into tangible goals and programs 

  • Quality Assessment & Performance Improvement (QAPI): Lead quality improvement initiatives, monitor clinical outcomes, and drive continuous performance improvement.  

  • Patient Safety & Risk Management: Oversee patient safety programs, conduct root cause analyses, and ensure regulatory compliance.  

  • Executive Leadership & Strategic Planning: Develop strategic quality initiatives, lead cross-functional teams, and align organizational goals with quality outcomes. 

Vice President of Quality and Patient Safety Education and Experience: 

  • Preference given to those with a bachelor’s or master’s degree in nursing (BSN/MSN), master’s degree in social work (MSW), or registered nurse (RN) or social work license (LCSW) in a state where at least one facility is located  

  • Preference given to those with master’s degree in a healthcare-related field or enterprise risk management 

  • Minimum of 6 years’ experience working in the healthcare industry, with preference given to those with experience in long-term care   

  • Previous experience in healthcare QAPI or risk management, with preference given to those who have 4 years progressively responsible leadership experience  

  • Knowledge of the long-term care industry with knowledge of state and federal regulations and regulatory compliance   

  • Experience in change management, root cause analyses, clinical policy and procedure development, and quality improvement methods  

  • Proven track record of effectively leading a performance- and outcomes-based program and staff   

Physical Requirements:  

  • Ability to travel to skilled nursing facilities. 

  • Walking, reaching, bending, lifting, extended sitting, grasping, fine hand coordination, pushing and pulling, ability to distinguish smells and temperatures, all with or without the aid of mechanical devices is required. 

  • Limited potential for exposure to environmental hazards. Understanding and adherence to company safety standards and protocols required. 

  • Meet all health requirements as needed.  

  • Dialogue concerning ADA reasonable accommodations are always available upon request – i.e. the interactive process. 

Omnia Healthcare Group Full-Time Benefits: 

  • Competitive Compensation 

  • 401(k) with company match 

  • Medical Insurance 

  • Dental, Vision, and Disability insurance 

  • Employee Assistance Program (EAP) 

  • Employee Discount Program 

  • Innovative Training Programs 

  • Opportunity for Growth and Advancement 

  • Paid Time Off 

  • And much more! 

Apply to join a growing team today! 

Omnia Healthcare Group is the home office that supports over 40 skilled nursing facilities and rehabilitation centers. Omnia is dedicated to cultivating a work environment that is supportive, inclusive, and empowering. Our goal is to equip our employees with the necessary resources, training, and knowledge they deserve.  

By nurturing a culture of respect, collaboration, and continuous growth, we enable our healthcare professionals to deliver the highest quality care. Together, we strive for excellence, ensuring that our team is motivated, inspired, and equipped to provide compassionate and personalized healthcare services to our community.  

Omnia Healthcare Group is an Equal Opportunity Employer and does not discriminate based on any protected right such as race, color, nationality, gender, age, disability or any protected applicable right under the National Labor Relations Act.