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Vice President Operational Risk Jobs in New Jersey

VP, Commercial Credit Risk Fort Lee, New Jersey, United States Who We Are Cross River builds the infrastructure behind the world's most innovative financial products. Our technology and capital ...

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Vice President Operational Risk information

See New Jersey salary details

$53.7K

$159.2K

$264.4K

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

As of Aug 10, 2026, the average yearly pay for vice president operational risk in New Jersey is $159,180.00, according to ZipRecruiter salary data. Most workers in this role earn between $117,600.00 and $189,200.00 per year, depending on experience, location, and employer.

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.

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 are the most commonly searched types of Operational Risk jobs in New Jersey? The most popular types of Operational Risk jobs in New Jersey are:
What are popular job titles related to Vice President Operational Risk jobs in New Jersey? For Vice President Operational Risk jobs in New Jersey, the most frequently searched job titles are:
What cities in New Jersey are hiring for Vice President Operational Risk jobs? Cities in New Jersey with the most Vice President Operational Risk job openings:
Infographic showing various Vice President Operational Risk job openings in New Jersey as of August 2026, with employment types broken down into 91% Full Time, and 9% Part Time. Highlights an 91% In-person, and 9% Remote job distribution, with an average salary of $159,180 per year, or $76.5 per hour.

Assistant Vice President, Operations

RWJBarnabas Health

Manchester Township, NJ • On-site

$145 - $190/hr

Other

Medical, Dental, Vision, Life, Retirement, PTO

Posted 17 hours ago

Posted today


RWJBarnabas Health rating

7.5

Company rating: 7.5 out of 10

Based on 331 frontline employees who took The Breakroom Quiz

232nd of 887 rated healthcare providers


Job description

Job Title: Assistant Vice President

Location: Community Medical Center

Department Name: Administration

Req #: 0000256801

Status: Salaried

Shift: Day

Pay Range: $145,000.00 - $190,000.00 per year

Pay Transparency:

The above reflects the anticipated annual salary range for this position if hired to work in New Jersey.

The compensation offered to the candidate selected for the position will depend on several factors, including the candidate's educational background, skills and professional experience.

Assistant Vice President, Operations-Community Medical Center

As an Assistant Vice President of Operations, you will drive leadership and operational excellence across a broad spectrum of clinical services at Community Medical Center—including Rehabilitation, Respiratory, Laboratory, Pharmacy, Radiology, Audiology, and Palliative Care & Hospice. In this pivotal role, you will champion day-to-day administration, streamline patient flow, and optimize resource allocation to maximize clinical efficiency and deliver top-tier patient care. Anchored in the mission, vision, and values of Community Medical Center and the RWJBarnabas Health System, you will design and execute forward-thinking operational strategies that fuel long-term growth. You will also manage departmental budgets with sharp fiscal responsibility and use data-driven processes to continuously elevate efficiency and patient safety.

As the Assistant Vice President of operations, a typical day might include the following:

  • Morning Operational Huddles:Meet with clinical leaders from assigned departments (e.g., Radiology, Lab, Pharmacy) to review overnight metrics, address immediate patient flow bottlenecks, and reinforce safety and high-reliability protocols.
  • Cross-Functional Alignment Meetings:Collaborate with service line executives, nursing leadership, and independent physicians to streamline integrated care strategies and dismantle operational silos.
  • Financial & Productivity Reviews:Analyze key financial performance indicators, approve resource allocations, adjust staffing mixes based on current patient volume, and evaluate vendor contracts for cost-saving opportunities.
  • Regulatory Readiness Check-ins:Review quality improvement data and audit departmental processes to ensure complete, continuous alignment with the Joint Commission (JC) and state health regulations.
  • Strategic Growth & Program Design:Dedicate time to market trend analysis, reviewing business cases or budget proposals for a new clinical programs, or mapping out capital investments for long-term expansion.
  • Leadership & Talent Development:Conduct one-on-one coaching sessions with department directors to resolve personnel grievances, mentor emerging leaders, and build a cohesive, accountable management team.
  • Executive Status Updates:Prepare high-level operational reports for the executive team, outlining progress on strategic goals and demonstrating the successful resolution of complex, overlapping projects.

The role might be a fit for you if:

  • Proven Multi-Department Clinical Leadership:Your background in managing complex, multidisciplinary clinical and administrative operations translates directly to providing leadership over the role’s specific portfolio (including Radiology, Pharmacy, Laboratory, and Rehabilitation Services).
  • Expertise in Financial Oversight & Fiscal Responsibility:Your experience managing substantial department budgets aligns with the requirement to direct annual operating and capital budgets, analyzing key financial indicators, and optimizing resource allocation to uncover fiscal efficiencies.
  • Strategic Alignment & System Growth:Having navigated large hospital systems like RWJBarnabas Health, you have the exact experience needed to promote "systemness," collaborate with executive teams, and implement strategic growth initiatives that align with the organization's mission and values.
  • Commitment to High-Reliability & Quality Operations:Your background in patient flow and regulatory compliance prepares you to foster high-reliability thinking, manage patient-centric care models, and ensure continuous readiness for strict regulatory bodies like the Joint Commission (JC) and OSHA.
  • Team Building & Talent Development:Your career focus on leading large teams positions you to effectively recruit, mentor, and build a cohesive, accountable leadership team among the department directors under your purview.
  • Resilient, High-Volume Execution:Your established skill set in handling high-level strategy and overlapping administrative demands matches the execution criteria to manage multiple complex projects with urgency, accuracy, and strong problem-solving skills.

Qualified candidates for the Assistant Vice President of Operations position should hold a bachelor's degree, with a Master of Business Administration (MBA) or Master of Health Administration (MHA) preferred. Candidates must demonstrate a proven history of career progression and leadership success, including 7–10 years of increasing management responsibility within complex operational environments.

Benefits and Perks:

At RWJBarnabas Health, our employees are at the heart of everything we do. Driven by our Total Wellbeing promise, our market-competitive offerings include comprehensive benefits and resources to support our employees’ physical, emotional, financial, personal, career, and community wellbeing. These benefits and resources include, but are not limited to:

  • Paid Time Off including Vacation, Holidays, and Sick Time
  • Retirement Plans
  • Medical and Prescription Drug Insurance
  • Dental and Vision Insurance
  • Disability and Life Insurance
  • Paid Parental Leave
  • Tuition Reimbursement
  • Student Loan Planning Support
  • Flexible Spending Accounts
  • Wellness Programs
  • Voluntary Benefits (e.g., Pet Insurance)
  • Community and Volunteer Opportunities
  • Discounts Through our Partners such as NJ Devils, NJ PAC, and Verizon
  • ….and more!

Choosing RWJBarnabas Health!

RWJBarnabas Health is the premier health care destination providing patient-centered,high-quality academic medicine in a compassionate and equitable manner, while deliveringa best-in-class work experience to every member of the team. We honor and appreciate theprivilege of creating and sustaining healthier communities, one person and one community at atime. As the leading academic health system in New Jersey, we advance innovative strategies inhigh-quality patient care, education, and research to address both the clinical and socialdeterminants of health.

RWJBarnabas Health aims to truly make a unique impact in local communities throughout NewJersey. From vastly improving the health of local residents to creating educational and careeropportunities, this combination greatly benefits the state. We understand the growing andevolving needs of residents in New Jersey—whether that be enhancing the coordination fortreating complex health conditions or improving community health through local programs andeducation.

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About RWJBarnabas Health

Sourced by ZipRecruiter

RWJBarnabas Health is New Jersey’s largest integrated health care delivery system, providing treatment and services to more than three million patients each year. Throughout RWJBarnabas Health, our dedicated physicians, nurses, and health professionals are committed to providing the highest quality of patient care and health education to the community and region. We aim to truly make a unique impact in local communities throughout New Jersey. From vastly improving the health of local residents to creating educational and career opportunities, this combination greatly benefits the state. We understand the growing and evolving needs of residents in New Jersey - whether that be enhancing the coordination for treating complex health conditions or improving community health through local programs and education.

Industry

Hospitals

Company size

10,000+ Employees

Headquarters location

West Orange, NJ, US

Year founded

2015