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Vice President Operational Risk Management Jobs in Bloomington, IL

Vice President

Normal, IL

$185K - $300K/yr

Overview The Vice President, Finance - Central & South Region, oversees all finance related ... This position monitors and manages all financial operations while identifying opportunities for ...

Vice President

Normal, IL

$185K - $300K/yr

Overview The Vice President, Finance - Central & South Region, oversees all finance related ... This position monitors and manages all financial operations while identifying opportunities for ...

Vice President

Normal, IL · On-site

$185K - $300K/yr

Overview The Vice President, Finance - Central & South Region, oversees all finance related ... This position monitors and manages all financial operations while identifying opportunities for ...

RN - Float Pool (CIA Option S)

Urbana, IL · On-site

$38.93 - $63.35/hr

Overview This position is intended for candidates seeking a more structured self-scheduling position or a set schedule possibly It does not include the float differential due to the flexibility in ...

VP Audit Services

Bloomington, IL · On-site

$119K - $160K/yr

... and risk assessment, scoping and management action plans and validation of issue closure ... operations and administrative functions in the organization. * Oversees and evaluates the ...

... and risk assessment, scoping and management action plans and validation of issue closure ... operations and administrative functions in the organization. * Oversees and evaluates the ...

Accounting Manager

Bloomington, IL · On-site

$75K - $85K/yr

... management. * Prepare financial reports and schedules for ownership and external stakeholders. * Accounting Operations & Compliance: * Assist the Vice President of Finance in managing the full ...

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Vice President Operational Risk Management information

See Bloomington, IL salary details

$65.7K

$149.4K

$253.2K

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

As of Aug 10, 2026, the average yearly pay for vice president operational risk management in Bloomington, IL is $149,429.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,800.00 and $177,500.00 per year, depending on experience, location, and employer.

What are some common challenges faced by a vice president of operational risk management, and how are they typically addressed?

A Vice President of Operational Risk Management often faces the challenge of balancing risk mitigation with business objectives, especially in rapidly changing regulatory environments. They must ensure that risk management frameworks are robust yet adaptable, and that teams across the organization are aligned in their understanding and implementation of risk controls. Collaboration with business units, compliance, and internal audit is essential to proactively identify and address potential risks. Regular training, strong communication, and fostering a risk-aware culture help address these challenges and drive continuous improvement.

What does a vice president of operational risk management do?

A Vice President of Operational Risk Management is responsible for identifying, assessing, and mitigating risks that could impact the operations of an organization. They develop risk management strategies, establish policies and procedures, and ensure compliance with relevant regulations. This role involves collaborating with various departments to promote a risk-aware culture and to implement effective risk controls. Additionally, they often oversee risk assessments, incident investigations, and the reporting of risk exposures to senior leadership.

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

To thrive as a Vice President of Operational Risk Management, you need deep expertise in risk assessment, regulatory compliance, and business process analysis, typically supported by a bachelor’s or master’s degree in finance, risk management, or a related field. Familiarity with risk management frameworks (such as COSO and ISO 31000), governance tools, and certifications like FRM or ORM are highly valuable. Exceptional communication, leadership, and critical thinking skills help effectively guide teams and influence organizational culture. These competencies are crucial to proactively identifying, assessing, and mitigating operational risks that could impact an organization’s performance and reputation.

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

AspectVice President Operational Risk ManagementRisk Manager
CredentialsAdvanced degrees (MBA, Risk Management certifications)Bachelor's or Master's in related fields, certifications like CRM or FRM
Work EnvironmentStrategic leadership, executive meetings, policy developmentOperational risk assessments, reporting, and implementation
Employer & Industry UsageFinancial institutions, large corporations, bankingFinancial services, insurance, corporate risk departments

The Vice President of Operational Risk Management typically oversees risk strategies at an executive level, focusing on policy and strategic risk mitigation. In contrast, Risk Managers handle day-to-day risk assessments and operational controls. Both roles require risk management credentials and are vital in financial and corporate sectors, but the VP role involves higher-level decision-making and leadership responsibilities.

What cities near Bloomington, IL are hiring for Vice President Operational Risk Management jobs? Cities near Bloomington, IL with the most Vice President Operational Risk Management job openings:

MnSCU Admin-6 - Associate Vice President of Finance

mnstate.edu

Bloomington, IL • On-site

$98.46 - $157.53/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 5 days ago


Job description

## MnSCU Admin-6 - Associate Vice President of FinanceApplylocations: Bloomingtontime type: Full timeposted on: Posted Todaytime left to apply: End Date: July 28, 2026 (21 days left to apply)job requisition id: JR0000005265## ****All Job Postings will close at 12:01 a.m. CT on the specified Closing Date (if designated).******Working Title:**MnSCU Admin-6 - Associate Vice President of Finance**Institution:**Normandale Community College**Classification Title:**MnSCU Administrator 6**Bargaining Unit / Union:**220: Minnesota State Administrator's Plan**City:**Bloomington**FLSA:**Job Exempt**Full Time / Part Time:**Full time**Employment Condition:**Unclassified - Unlimited Academic**Salary Range:**$98,457.00 - $157,531.00***We are a proud equal opportunity and affirmative action employer, and we seek applicants with deep connections to the cultural communities to which our students belong.*** We actively seek and encourage applications from women, people of color, persons with disabilities, and individuals with protected veteran status.Classification: MnSCU Administrator 6 [Unlimited, Full-time] 8:00 AM to 4:30 PM (Monday – Friday)\*A flexible work schedule may be approved with up to two days remote work per week (if applicable)Salary Range: Annually from $98,457.00 to $157,531.00\**Salary placement is dependent on education and experience***The vacancy is posted on-line from Monday, July 6th to Monday July 27th at 11:59pm****THE POSITION AND THE DEPARTMENT**The Associate Vice President of Finance provides strategic leadership in financial planning, analysis, and operations to support institutional decision-making and ensure sound financial stewardship. This position leads the development and coordination of the College’s comprehensive budget process and ensures compliance with Minn State policies and procedures related to financial and operational matters.This role provides leadership and oversight of a broad portfolio of financial and operational services, including accounting (including grant accounting), accounts payable, financial reporting, contracts, purchasing, employee reimbursements, and risk management.As a senior leader, the Associate Vice President fosters a service-centered approach across administrative operations, advancing efforts to streamline processes, improve efficiency, and enhance the user experience. The position is responsible for leading and developing staff, building engaged and accountable teams that deliver high-quality service to internal and external stakeholders.The Associate Vice President exercises significant discretion in policy development, interpretation, implementation, and compliance, and partners across the institution to strengthen operational effectiveness, build trust, and advance the College’s mission through collaborative, transparent, and service-oriented leadership.This position will actively advance the college’s strategic goals, including to achieve equity in educational outcomes and to support a culturally responsive and service-oriented culture, through individual and departmental efforts.**YOUR QUALIFICATIONS****Minimum:*** At least five (5) years of experience in financial and budget management, accounting, finance, and or business administration; a Bachelor's degree substitutes for 12 months of experience; and an Associate's degree substitutes for 6 months of experience.* At least three (3) years of work experience in higher education or non-profit.* At least one (1) year of work experience supervising staff.**Preferred:*** Master’s degree in accounting, finance, or business administration.* Certified Public Accountant (CPA).* Seven (7) years of experience in financial and budget management in higher education.* Four (4) years of experience supervising staff.**WHY NORMANDALE**Normandale is the largest community college in the Minnesota State Colleges and Universities system, annually serving almost 15,000 students from a diverse set of backgrounds, 42% of whom are students of color and nearly 25% are first-generation. We offer opportunities for individuals to grow, learn, and advance their careers while working for an organization that is committed to providing an inclusive and equitable space for students and employees to learn. We are passionately committed to achieving racial equity in student outcomes and in advancing cultural competency in the classroom and services provided.**GREAT BENEFITS PACKAGE**As an agency of the State of Minnesota, Normandale offers a comprehensive benefits package including low cost medical, dental, vision insurance, short- and long-term disability, generous vacation and sick leave, 11 paid holidays each year, employer paid life insurance, pre-tax flexible spending accounts, retirement plans, and tax-deferred compensation plans. Additional benefits include tuition waivers available for yourself and eligible dependents once certain criteria are met.For information on benefits, visit SEGIP’s website SEGIP. This position is also part of the Personnel Plan for Minnesota State Colleges and Universities Administrators. The following link (https://www.minnstate.edu/system/working/docs/contracts/administrators-plan.pdf) outlines many additional benefits provided.For more information on retirement benefits, please view the retirement brochure through MMB.**Equal Employment Opportunity**Normandale Community College is committed to honoring human differences and cultivating inclusion of different values and ideas in employment and education opportunity. The college is committed to the principle that all individuals are to be treated with equality and dignity.No person shall be discriminated against in the terms and conditions of employment, personnel practices, or access to and participation in, programs, services, and activities with regard to race, sex, color, creed, religion, age, national origin, disability, protected veteran status, marital status, status with regard to public assistance, sexual orientation, gender identity, or gender expression. In addition, discrimination in employment based on familial status or membership or activity in a local commission as defined by law is prohibited.Reasonable accommodations will be made to applicants with disabilities. If you are an individual with a disability who needs assistance, please contact Human Resources at (952) 358-8269 or jobs@normandale.edu. Please indicate what assistance is needed.*The College regrets that it is unable to offer H-1B sponsorship at this time. The successful candidate, under U.S. Citizenship and Immigration Services regulations, must be able to accept work in the U.S. by the day employment begins.**An offer for this position may be contingent upon the completion of a background check.* **Benefits Information:**At Minnesota State, we take your well-being and work-life balance seriously. We offer a comprehensive benefits package that features low-cost medical and dental insurance with affordable deductibles, employer-paid life insurance, short- and long-term disability, and pre-tax healthcare and dependent care accounts with a roll-over option. To further support your holistic health, employees also have access to a confidential Employee Assistance Program (EAP) for mental health, legal, and financial counseling. Detailed plan details, rates, and coverage choices can be reviewed directly via the State Employee Group Insurance Program (SEGIP) website.To support your life outside of work, our package includes 12 paid holidays, generous vacation and sick time, and six weeks of Paid Parental Leave. We also help you secure your financial future with a robust Pension Plan, 457(b) and 403(b) retirement accounts, and various investment options. Furthermore, we invest in your growth by providing dedicated professional development and tuition waivers for both you and your dependents. *Please note that specific benefit eligibility and coverage levels may vary depending on the type of position, employee classification, and collective bargaining agreements.***Desired Start Date:**08-26-2026**Position End Date:****Open Date:**07-06-2026**Close Date:**07-28-2026 #J-18808-Ljbffr