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Vice President Operational Risk information
See Indiana salary details
$50.5K - $68.5K
1% of jobs
$68.5K - $86.5K
2% of jobs
$86.5K - $104.5K
15% of jobs
$110.3K is the 25th percentile. Wages below this are outliers.
$104.5K - $122.5K
22% of jobs
The median wage is $139.7K / yr.
$122.5K - $140.6K
11% of jobs
$140.6K - $158.6K
14% of jobs
$171.8K is the 75th percentile. Wages above this are outliers.
$158.6K - $176.6K
15% of jobs
$176.6K - $194.6K
9% of jobs
$194.6K - $212.6K
5% of jobs
$212.6K - $230.6K
4% of jobs
$230.6K - $248.6K
2% of jobs
$50.5K
$149.7K
$248.6K
How much do vice president operational risk jobs pay per year?
What are the key skills and qualifications needed to thrive as a Vice President Operational Risk, and why are they important?
How does a Vice President of Operational Risk typically collaborate with other departments to manage risk across the organization?
What does a Vice President of Operational Risk do?
What is the difference between Vice President Operational Risk vs Risk Manager?
| Aspect | Vice President Operational Risk | Risk Manager |
|---|---|---|
| Credentials | Bachelor's/Master's in Finance, Risk Management, or related fields; certifications like FRM or CRM often preferred | Bachelor's degree in Finance, Risk Management, or related fields; certifications like FRM or CRM beneficial |
| Work Environment | Strategic, leadership-focused, overseeing risk policies across departments | Operational, analyzing and managing specific risk areas within teams |
| Employer & Industry Usage | Common in banking, finance, and large corporations with complex risk frameworks | Found 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.
Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Posted 10 days ago
Allegion rating
7.9
Based on 43 frontline employees who took The Breakroom Quiz
144th of 511 rated manufacturers
Job description
At Allegion, we help keep the people you know and love safe and secure where they live, work and visit. With more than 40 brands, 14,000+ employees globally and products sold in 130 countries, we specialize in security around the doorway and beyond.
Additionally, Allegion is proud to be recognized with the 2026 Gallup Exceptional Workplace Award (GEWA) for the third consecutive year, earning distinction in both the employee engagement and strengths categories. This year, Allegion also received Gallup's With Distinction honor - a designation reserved for a select group of organizations that go above and beyond in building exceptional workplace cultures.
Vice President, Quality
Reporting to the Vice President, Global Supply Chain and Operations Support, the Vice President, Quality will provide leadership and strategy for enterprise-wide quality assurance, standards, and best practices. This role will architect and drive a unified quality vision for Allegion, ensuring global alignment and continuous improvement across all business units and manufacturing sites. The Vice President, Quality will collaborate closely with business and plant leadership to influence quality culture, capability, and results.
What You Will Do:
- Lead the design and deployment of Allegion's global quality strategy, standards, and policies-serving as the "voice of quality" throughout the organization.
- Provide quality support for New Product Development projects by deploying Advanced Product Quality Planning (APQP) methods.
- Formalize and drive rigor in advanced quality engineering support for key business areas ensuring robust quality practices and successful product launches.
- Provide the organization with accessible quality systems processes, best practices, and methodologies to support plant and supplier quality systems.
- Drive the adoption of best-in-class quality systems, methodologies, and tools (e.g., Lean, Six Sigma, APQP, FMEA), instilling a prevention-focused, innovative quality culture.
- Establish, communicate, and monitor enterprise-wide quality KPIs; report progress and insights to senior leadership.
- Provide expert guidance and governance to plants and functional partners on quality assurance and risk mitigation.
- Organize and drive cross-site communication and collaboration. Lead the identification, sharing, and adoption of best practices and lessons learned across Allegion's global operations.
- Support compliance with external standards (e.g., ISO 9001) and regulatory requirements; oversee internal and external audit strategies and continuous improvement initiatives.
- Partner closely with plant quality managers, operations, engineering, supplier quality, supply chain, and product management to align and execute quality initiatives.
- Collaborate with operations, engineering, and product management to facilitate cross-functional problem-solving and root cause analysis for complex quality challenges, including manufacturing, product, and customer-related concerns and escalations.
- Lead a high-performing team of corporate quality professionals. Mentor and develop site quality managers.
- Champion digital transformation and adoption of new technologies to advance quality performance and operational excellence.
What You Need to Succeed:
- Bachelor's degree in engineering.
- 15+ years of progressive experience in leadership roles within manufacturing, covering different industries, with demonstrated success building and leading Centers of Excellence or similar enterprise-wide functions.
- Advanced knowledge of Lean, Six Sigma, APQP, FMEA, ISO standards, and statistical problem-solving tools.
- Experience influencing and collaborating across a matrixed, multinational organization.
- Proven ability to drive change, build consensus, and develop high-performing teams.
- Strong business acumen, excellent communication, and stakeholder management skills.
- Experience working with all organizational levels and multinational teams.
- Blend of Quality, Program Management, and Engineering experience.
- Experience working with all organizational levels and multinational teams.
- Willingness to travel up to 50% is required.
Why Work for Us?
Allegion is a Great Place to Grow your Career if:
- You're seeking a rewarding opportunity that allows you to truly help others. With thousands of employees and customers around the world, there's plenty of room to make an impact. As our values state, "this is your business, run with it."
- You're looking for a company that will invest in your professional development. As we grow, we want you to grow with us.
- You want a culture that promotes work-life balance. Our employees enjoy generous paid time off, because at Allegion we recognize that you have a full life outside of work!
What You'll Get from Us:
- Health, dental and vision insurance coverage, helping you "be safe, be healthy."
- A commitment to your future with a 401K plan, offering a 6% company match and no vesting period.
- Tuition Reimbursement.
- Unlimited PTO.
- Employee Discounts through Perks at Work.
- Community involvement and opportunities to give back so you can "serve others, not yourself."
- Opportunities to leverage your unique strengths through CliftonStrengths testing and coaching.
Apply Today!
Join our team of experts today and help us make tomorrow's world a safer place!
Not sure if your experience perfectly aligns with the role?At Allegion, we are dedicated to building a diverse, inclusive, and authentic workplace. If you're excited about this role but your past experience doesn't align perfectly with every item in the job description, we encourage you to apply anyway. You may be just the right candidate for this role.
We Celebrate Who We Are!Allegion is committed to building and maintaining a diverse and inclusive workplace. Together, we embrace all differences and similarities among colleagues, as well as the differences and similarities within the relationships that we foster with customers, suppliers and the communities where we live and work. Whatever your background, experience, race, color, national origin, religion, age, gender, gender identity, disability status, sexual orientation, protected veteran status, or any other characteristic protected by law, we will make sure that you have every opportunity to impress us in your application and the opportunity to give your best at work, not because we're required to, but because it's the right thing to do. We are also committed to providing accommodations for persons with disabilities. If for any reason you cannot apply through our career site and require an accommodation or assistance, please contact our Talent Acquisition Team.
Allegion plc, 2023 | Block D, Iveagh Court, Harcourt Road, Dublin 2, Co. Dublin, Ireland
REGISTERED IN IRELAND WITH LIMITED LIABILITY REGISTERED NUMBER 527370
Allegion is an equal opportunity and affirmative action employer
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About Allegion
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Industry
Manufacturing
Company size
1,001 - 5,000 Employees
Headquarters location
Carmel, IN, US