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Vice President Operational Risk Jobs (NOW HIRING)

BNY

Vice President, Operational Risk Coverage

New York, NY · On-site

$68K - $130K/yr

Vice President, Operational Risk Coverage At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the ...

Premium Technology

Operational Risk VP

New York, NY · On-site

Company Description A Major International Bank in Midtown Manhattan is seeking Operational Risk VP in their HQ NYC office. The incumbent will be responsible for the oversight of the operational risk ...

Macquarie Group Limited

VP, Operational Risk

New York, NY · On-site

$161K - $217K/yr

The team partners closely with front-office, operations, and risk stakeholders to strengthen control environments and support safe, sustainable business growth. We are a global financial services ...

Nomura International

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk Management Location: New York, Philadelphia The pay range for this position at commencement of ...

Nomura International

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk Management Location: New York, Philadelphia The pay range for this position at commencement of ...

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Vice President Operational Risk information

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$68.5K

$155.8K

$264K

How much do vice president operational risk jobs pay per year?

As of Jul 9, 2026, the average yearly pay for vice president operational risk in the United States is $155,780.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,500.00 and $185,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Vice President Operational Risk, and why are they important?

To thrive as a Vice President Operational Risk, you need deep expertise in risk management frameworks, regulatory compliance, and financial services operations, often supported by an advanced degree and relevant certifications like FRM or CRISC. Proficiency with risk assessment tools, data analytics platforms, and governance, risk, and compliance (GRC) systems is typical. Outstanding leadership, strategic thinking, and communication skills distinguish top performers in this role. These skills are essential for effectively identifying, mitigating, and communicating operational risks to protect the organization's reputation and financial stability.

How does a Vice President of Operational Risk typically collaborate with other departments to manage risk across the organization?

A Vice President of Operational Risk frequently works cross-functionally with departments such as compliance, internal audit, IT, and business operations to identify, assess, and mitigate potential risks. This collaboration often involves leading risk assessments, developing risk mitigation strategies, and ensuring consistent risk management practices across teams. Regular meetings, reporting, and training sessions help to align all departments with the organization's risk appetite and regulatory requirements. Such teamwork is essential for proactively addressing emerging risks and fostering a culture of risk awareness throughout the organization.

What is the difference between Vice President Operational Risk vs Risk Manager?

AspectVice President Operational RiskRisk Manager
CredentialsBachelor's/Master's in Finance, Risk Management, or related fields; certifications like FRM or CRM often preferredBachelor's degree in Finance, Risk Management, or related fields; certifications like FRM or CRM beneficial
Work EnvironmentStrategic, leadership-focused, overseeing risk policies across departmentsOperational, analyzing and managing specific risk areas within teams
Employer & Industry UsageCommon in banking, finance, and large corporations with complex risk frameworksFound across industries, including banking, insurance, and corporate sectors

The Vice President Operational Risk typically holds a senior leadership role, focusing on strategic risk oversight and policy development, while the Risk Manager handles day-to-day risk assessments and mitigation within specific areas. Both roles require relevant certifications and experience but differ mainly in scope and responsibility.

What does a Vice President of Operational Risk do?

A Vice President of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's operations. They develop risk management strategies, policies, and procedures to minimize losses due to system failures, fraud, human error, or external events. This role often involves collaborating with other departments, overseeing risk assessments, and ensuring compliance with regulatory requirements. Additionally, they may lead teams and report on risk exposures to senior management. The ultimate goal is to protect the organization's assets and reputation while supporting business objectives.
What cities are hiring for Vice President Operational Risk jobs? Cities with the most Vice President Operational Risk job openings:
What are the most commonly searched types of Operational Risk jobs? The most popular types of Operational Risk jobs are:
What states have the most Vice President Operational Risk jobs? States with the most job openings for Vice President Operational Risk jobs include:
What job categories do people searching Vice President Operational Risk jobs look for? The top searched job categories for Vice President Operational Risk jobs are:
Vice President Operational Risk jobs near you
Infographic showing various Vice President Operational Risk job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $155,780 per year, or $74.9 per hour.
Vice President, Operational Risk Coverage

Vice President, Operational Risk Coverage

BNY Mellon

Manhattan, NY • On-site

$68K - $130K/yr

Full-time

Posted 11 days ago

BNY Mellon rating

7.7

Company rating: 7.7 out of 10

Based on 50 frontline employees who took The Breakroom Quiz

105th of 146 rated financial services

Job description


Vice President, Operational Risk Coverage
At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We're seeking a future team member for the role of Vice President, Operational Risk Coverage to join our Risk team. This role is located in Pittsburgh, PA
In this role, you'll make an impact in the following ways:
  • Deliver 2nd Line of Defense oversight across Enterprise Platforms ensuring alignment with the ORM Framework.
  • Review and challenge the 1st Line of Defense risk and control activities including RCSAs, KRIs, OREs, HLAs, business process changes and issue management to maintain accurate risk profiles.
  • Proactively identify gaps, raise challenges and work with the 1st Line of Defense to ensure timely remediation.
  • Engage and provide guidance on strategic initiatives and remediation projects focusing on risk management solutions that enable safe and sound business growth and promoting strong 1st Line of Defense accountability.
  • Stay current on industry trends and contribute to enterprise AI initiatives.
  • Escalate emerging risks and recommend enhancements to ORM frameworks and practices.

To be successful in this role, we're seeking the following:
  • Bachelor's degree or equivalent required; graduate degree preferred
  • 5-7 years' professional experience. Op risk experience is preferred. Experience in First Line (business/control), Second Line Compliance, or Third Line Audit valued
  • Familiarity with Operational Risk Management Framework and tools (RCSAs, KRIs, OREs, Issues, Scenario Analysis)
  • Ability to develop and establish collaborative working relationships with colleagues in both 1st and 2nd Lines of Defense to ensure timely completion of risk-related deliverables, issue resolution and implementation of improvements.
  • Strong data analytics skills; advanced proficiency in Excel, Word, PowerPoint; Experience in AI adoption and utilization is preferred.
  • Good interpersonal and communication skills with the ability to interact effectively with senior leaders and stakeholders across all levels of the organization.
  • Eagerness to learn, innovate, and explore new ideas
  • Strong critical thinking and analytical skills and ability to work with data and identify risk trends, patterns, and concentrations.
  • Skilled at delivering clear, well-supported recommendations in writing and verbally.
  • Collaborative and team-oriented demonstrating ability to interact and engage with a diverse group of people in a variety of functions across the world.
  • Results-oriented, able to work with high productivity in a fast-paced environment with tight timelines and competing priorities.

At BNY, our culture speaks for itself, check out the latest BNY news at:
BNY Newsroom
BNY LinkedIn
Here's a few of our recent awards:
  • America's Most Innovative Companies, Fortune, 2025
  • World's Most Admired Companies, Fortune 2025
  • "Most Just Companies", Just Capital and CNBC, 2025

Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $68,000 and $130,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

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About BNY Mellon

Sourced by ZipRecruiter

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Dec. 31, 2021, BNY Mellon had $46.7 trillion in assets under custody and/or administration, and $2.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com . Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1784

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