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Vice President Operational Risk Jobs in Tennessee

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Vice President Operational Risk information

See Tennessee salary details

$48.1K

$142.5K

$236.8K

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

As of May 28, 2026, the average yearly pay for vice president operational risk in Tennessee is $142,537.00, according to ZipRecruiter salary data. Most workers in this role earn between $105,300.00 and $169,400.00 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 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 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 Tennessee? The most popular types of Operational Risk jobs in Tennessee are:
What are popular job titles related to Vice President Operational Risk jobs in Tennessee? For Vice President Operational Risk jobs in Tennessee, the most frequently searched job titles are:
What cities in Tennessee are hiring for Vice President Operational Risk jobs? Cities in Tennessee with the most Vice President Operational Risk job openings:
Senior Vice President Operations

Senior Vice President Operations

ORNL Federal Credit Union

Oak Ridge, TN

Full-time

Posted 13 days ago


Job description

This position is based at our Corporate Headquarters in Oak Ridge, TN (221 S. Rutgers Avenue), and it follows a hybrid/remote schedule (in the office 2-3 days/week). This is not a fully remote position. The deadline to apply for this opportunity is May 28, 2026. 

Job Summary: The SVP Operations is responsible for driving operational excellence across ORNL Federal Credit Union. This role oversees daytoday operational functions, ensures compliance with regulatory requirements, enhances member experience, and leads strategic initiatives that support organizational growth, efficiency, and service delivery. The SVP Operations partners closely with senior leaders to execute the credit union's strategic plan.

Essential Functions & Responsibilities

  • Operational Leadership: Provides strategic and operational leadership for core credit union operations, including deposit operations, payments, fraud, security, card services, and backoffice functions. Develops and implements operational policies, procedures, and service standards to ensure consistent, efficient, and highquality employee and member service. Monitors operational performance metrics, identifying trends and opportunities for improvement. Leads initiatives to streamline workflows, reduce friction for employees and members, and improve turnaround times.
  • Strategic Planning & Execution: Collaborates with executive leadership to formulate and execute longrange strategies aligned with the credit union’s goals. Oversees largescale operational projects, including process modernization, system conversions, and digital transformation initiatives. Evaluates emerging trends in financial services to recommend operational enhancements and competitive opportunities.
  • Member Experience: Champions a service culture across all operational units. Ensures operations deliver an exceptional, consistent, and accessible experience across all channels. Implements feedback loops and servicequality programs to measure and improve member satisfaction.
  • Risk Management, Compliance & Controls: Ensures operational compliance with NCUA, CFPB, BSA/AML, and all applicable federal and state regulations. Maintains strong operational risk management practices, including business continuity planning, internal controls, and audit readiness. Partners with Compliance, Risk, and Internal Audit to identify and resolve issues proactively.
  •  People Leadership: Provides strong leadership, coaching, and development for operational leaders and teams. Builds a highperformance culture emphasizing accountability, service excellence, innovation, and teamwork.
  • Vendor & Technology Management: Oversees relationships with key operational vendors, including core processing, card networks, and payments partners. Partners with IT to ensure operational technology supports scalability, security, and efficiency. Supports the evaluation and implementation of new platforms, automation tools, and digital solutions.
  • Performs other job-related duties as assigned.

Hybrid Remote Statement: Following initial onboarding and training, this position may transition to a hybrid remote work arrangement, allowing performance of job duties to be completed both from home and on-site, with a structured schedule designed to support flexibility, business objectives, and consistent collaboration.

Work Experience

  • Ten or more years of progressively responsible leadership experience in financial services, with significant experience in credit union or bank operations is required. 
  • Proven track record leading multi-functional operations teams is required.
  • Experience managing complex operational projects and system implementations is required.  

Education:

  • Bachelors degree in Business, Finance, Operations Management, or in a related field is required. Masters degree is preferred. 

Other skills required:

  • Deep knowledge of financial institution operations, regulations, and processes
  • Strong strategic thinking, analytical, and problemsolving skills
  • Exceptional leadership, communication, and teambuilding abilities
  • Ability to manage multiple priorities and drive change in a fastmoving environment
  • Demonstrated commitment to exceptional member service and operational excellence