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Vice President Operational Risk Jobs in Indiana (NOW HIRING)

Executive Vice President

Marion, IN · On-site

$200K - $250K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The EVP drives lending strategy, product innovation, and operational excellence to support ... Oversee loan review processes, stress testing, and risk-mitigation strategies. * Operational ...

Executive Vice President

Marion, IN

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

The EVP drives lending strategy, product innovation, and operational excellence to support ... Financial & Risk Stewardship * * Support lending programs, financial planning, budgeting, and ...

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Showing results 1-20

Vice President Operational Risk information

See Indiana salary details

$50.5K

$149.7K

$248.6K

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

As of Aug 19, 2026, the average yearly pay for vice president operational risk in Indiana is $149,683.00, according to ZipRecruiter salary data. Most workers in this role earn between $110,600.00 and $177,900.00 per year, depending on experience, location, and employer.

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.

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 are the key skills and qualifications needed to thrive as a vice president of 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.

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 are the most commonly searched types of Operational Risk jobs in Indiana?

The most popular types of Operational Risk jobs in Indiana are:

What are popular job titles related to Vice President Operational Risk jobs in Indiana?

For Vice President Operational Risk jobs in Indiana, the most frequently searched job titles are:

What cities in Indiana are hiring for Vice President Operational Risk jobs?

Cities in Indiana with the most Vice President Operational Risk job openings:

Vice President-Operations, West Lafayette

IU Health

Lafayette, IN • On-site

$200 - $320/hr

Other

Posted yesterday

New


Indiana University Health rating

7.2

Company rating: 7.2 out of 10

Based on 464 frontline employees who took The Breakroom Quiz

348th of 888 rated healthcare providers


Job description

Overview

Our leaders shape strategic initiatives, develop passionate teams, and work to improve health outcomes.They advance our mission and exemplify excellence, compassion, teamwork and purpose in all that they do. Indiana University Health is seeking individuals who embody these values to join our IU Health’s leadership team in the role of Vice President, West Lafayette.

The Vice President, Operations partners with executive, regional, and facility leaders to advance strategic and operational priorities across assigned hospitals and care delivery sites, supporting growth, access, and high-quality patient care.

This leader provides operational oversight for assigned facilities, service lines, and ancillary functions, ensuring alignment with organizational goals, operational excellence, financial performance, regulatory compliance, and value-based care principles. In partnership with clinical and operational stakeholders, the Vice President drives continuous improvement, standardizes processes, enhances service delivery, and supports innovation in care models and service line development.

Serving as a key link between system strategy and local execution, the Vice President collaborates closely with facility leaders, physicians, and community stakeholders to meet evolving patient and community needs. This role reports to the Chief Operating Officer & Hospital Administrator or a designated regional executive leader.

Key Relationships

Reports to: Vice President-Chief Operating Officer and Administration

Candidate Qualifications
  • Bachelor's Degree is required. Master's Degree is preferred.
  • Requires 10 plus years of relevant experience and 8 years of people leader experience.
  • Demonstrates the ability to work effectively in a highly matrixed and relationship-driven culture.
  • Demonstrated leadership experience is required with a particular focus on operations, financial, quantitative, and analytical management.
  • Must have the ability to exhibit precise and detail orientated skills so that complicated and/or multifaceted assignments can be completed with a high degree of exactness.
  • Requires interpersonal; negotiation, including problem solving and analytical skills, and presentation skills; with the ability to lead groups and programs.
  • Requires an understanding of Joint Commission, state, and federal guidelines, regulations and standards.

Indiana University Health is unlike any other healthcare system and we're looking for team members who share the things that matter most to us. IU Health leaders play a crucial role in advancing the mission of our organization and inspiring teams to make a meaningful difference in the lives of patients. As one of Indiana’s largest employers and the most comprehensive medical system in the state, our vision is to lead the transformation of healthcare through quality, innovation and education, and make Indiana one of the nation’s healthiest states.

IU Health is the largest health system in Indiana with nearly 40,000 team members, 15 hospitals and $8.64 billion in operating revenue. The system’s programs in cancer, cardiovascular, neuroscience, orthopedics, pediatrics and transplants have received national recognition for quality patient care. IU Health, in partnership with the Indiana University School of Medicine, bring together highly skilled physicians, researchers, and educators into close collaboration to provide world-class care for children and adults and improve the health of patients and communities across Indiana.

Indiana University Health is dedicated to a fair hiring process and is committed to equal opportunity and nondiscrimination for all individuals, regardless of age, color, disability, ethnicity, marital status, national origin, race, religion, gender identity, expression, sexual orientation, or veteran status.

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