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Vice President Operational Risk Jobs in Chicago, IL

CFS

Vice President

Chicago, IL · Hybrid

$110K - $120K/yr

Vice President, Fundraising Location: Chicago, IL (Hybrid) Salary: 110K - 120K A mission-driven ... Oversee fundraising operations, including CRM management, forecasting, and reporting * Ensure high ...

Abri Credit Union

Vice President Lending

Crest Hill, IL · On-site

$125K/yr

Serve as the primary credit risk officer, evaluating complex credit applications and issuing ... Oversee operational workflows for consumer and real estate lending lines to maximize efficiency and ...

Posted today

YMCA

Group Vice President

Crown Point, IN · On-site

$90K/yr

Join Crossroads as Group Vice President! Pay starts at $90,000 per year and up based on experience ... Navigate complex situations involving staffing, facility operations, risk management, and crisis ...

Abri Credit Union

Vice President Lending

Romeoville, IL · On-site

$125K - $135K/yr

Serve as the primary credit risk officer, evaluating complex credit applications and issuing ... Oversee operational workflows for consumer and real estate lending lines to maximize efficiency and ...

Mondo

VP, Creator

Chicago, IL · Remote

$75 - $80/hr

Apply now: VP, Creator, Remote. Start date is ASAP for this 2-3 month contract position. Job Title ... and risk mitigation * Foundational knowledge of influencer whitelisting, paid social media ...

Bally's

Vice President - Resort Operations

Chicago, IL · On-site

$180 - $200/hr

... the operational foundation before the first guest ever walks through the door. What You Will Own ... Oversee VP of Facilities and full campus operations; protect the integrity of a $1.7 billion asset

Abri Credit Union

Vice President Lending

Romeoville, IL · On-site

$125K - $135K/yr

Serve as the primary credit risk officer, evaluating complex credit applications and issuing ... Oversee operational workflows for consumer and real estate lending lines to maximize efficiency and ...

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All JobsVice President Operational Risk JobsVice President Operational Risk Jobs in Chicago, IL

Vice President Operational Risk information

See Chicago, IL salary details

$70.6K

$160.5K

$272K

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 Chicago, IL is $160,476.00, according to ZipRecruiter salary data. Most workers in this role earn between $119,000.00 and $190,600.00 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 Chicago, IL? The most popular types of Operational Risk jobs in Chicago, IL are:
What are popular job titles related to Vice President Operational Risk jobs in Chicago, IL? For Vice President Operational Risk jobs in Chicago, IL, the most frequently searched job titles are:
What job categories do people searching Vice President Operational Risk jobs in Chicago, IL look for? The top searched job categories for Vice President Operational Risk jobs in Chicago, IL are:
What cities near Chicago, IL are hiring for Vice President Operational Risk jobs? Cities near Chicago, IL with the most Vice President Operational Risk job openings:
Vice President Operational Risk jobs near you
Infographic showing various Vice President Operational Risk job openings in Chicago, IL as of August 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $160,476 per year, or $77.2 per hour.

Vice President

CFS

Chicago, IL • Hybrid

$110K - $120K/yr

Full-time

Re-posted 9 days ago

Job description

Vice President, Fundraising

Location: Chicago, IL (Hybrid)
Salary: 110K - 120K

A mission-driven, growth-oriented nonprofit organization is seeking a Vice President of Fundraising to lead and scale a diversified revenue strategy. This is an exciting opportunity for a strategic and hands-on leader to drive meaningful impact by building sustainable funding streams across multiple channels.

About the Organization

This established nonprofit delivers critical financial support services to underserved communities and operates with a strong volunteer base and a collaborative, mission-first culture. The organization generates approximately $3M in annual revenue and is poised for continued growth.

The Opportunity

The Vice President of Fundraising will own the full fundraising lifecycle, overseeing strategy, pipeline development, and revenue generation across government, foundation, corporate, and individual giving channels. This leader will partner closely with executive leadership and the Board to expand and diversify funding sources.

The ideal candidate brings both strategic vision and execution strength, with a proven ability to secure major gifts and long-term funding commitments.

Key Responsibilities

Strategic Leadership

  • Develop and execute a multi-year fundraising strategy to significantly grow revenue
  • Establish clear goals, KPIs, and channel-specific plans
  • Lead and mentor a small development team; oversee external partners as needed
  • Collaborate with executive leadership and Board members on donor strategy

Institutional & Government Funding

  • Identify, pursue, and secure grants from government and institutional funders
  • Manage the full grant lifecycle including proposals, compliance, and reporting
  • Lead foundation engagement strategy, including prospecting and stewardship

Corporate Partnerships

  • Build and execute a corporate engagement strategy, including sponsorships and program support
  • Develop and manage relationships from prospecting through activation

Individual Giving

  • Design and grow a comprehensive individual giving program (annual, mid-level, major gifts)
  • Implement donor engagement and stewardship strategies, including events

Operations & Performance Management

  • Oversee fundraising operations, including CRM management, forecasting, and reporting
  • Ensure high-quality proposal development and consistent messaging
  • Track performance metrics and report progress to leadership and the Board
Qualifications
  • 10+ years of experience in fundraising, development, or business development
  • Proven success securing six- and seven-figure gifts across multiple funding streams
  • Strong relationship-building skills with the ability to open and grow partnerships
  • Excellent communication and presentation abilities
  • Data-driven mindset with experience managing pipelines and CRM tools
  • Experience leading teams and collaborating cross-functionally
  • Passion for mission-driven work and community impact
Compensation & Work Environment
  • Salary: $110,000 - 120,000
  • Location: Chicago (4 days in-office; 1 day remote flexibility)
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