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Vice President Operational Risk Jobs in Chicopee, MA

Country Bank for Savings

Enterprise Risk Officer

Ware, MA · On-site

$80K - $95K/yr

Under the guidance of the VP, Risk Management, the Enterprise Risk Officer supports the development ... Operational Risk Management Manages the day-to-day operational risk management program by ...

Country Bank For Savings

Enterprise Risk Officer

Ware, MA · On-site

$80K - $95K/yr

Under the guidance of the VP, Risk Management, the Enterprise Risk Officer supports the development ... Manages the day-to-day operational risk management program by coordinating operational risk ...

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Vice President Operational Risk information

See Chicopee, MA salary details

$68.9K

$156.6K

$265.4K

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

As of Sep 9, 2026, the average yearly pay for vice president operational risk in Chicopee, MA is $156,592.00, according to ZipRecruiter salary data. Most workers in this role earn between $116,100.00 and $186,000.00 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 Chicopee, MA?

The most popular types of Operational Risk jobs in Chicopee, MA are:

What job categories do people searching Vice President Operational Risk jobs in Chicopee, MA look for?

The top searched job categories for Vice President Operational Risk jobs in Chicopee, MA are:

What cities near Chicopee, MA are hiring for Vice President Operational Risk jobs?

Cities near Chicopee, MA with the most Vice President Operational Risk job openings:

Vice President Operational Risk jobs near you

Vice President / Senior Lender

Springfield, MA • On-site

Minnesota Bankers Association
Commercial Banking • 11 - 50 employees
Learn more about Minnesota Bankers Associationexternal

Other

Re-posted 5 days ago

Job description

Farmers & Merchants State Bank of Springfield

101 North Marshall Avenue, Springfield, MN 56087

Job Description Position Summary

The Vice President of Loans provides strategic leadership for the Bank’s lending function, ensuring a high-quality, profitable loan portfolio while balancing regulatory requirements, shareholder expectations, and customer needs. This role oversees lending operations, develops lending staff, and serves as a member of the Bank’s senior leadership team.

Essential Duties and Responsibilities

The Vice President of Loans develops and maintains lending policies that support strong credit quality, profitability, regulatory compliance, and long-term growth. The position monitors economic, agricultural, and commercial trends and recommends lending and risk management strategies that align with the Bank’s objectives. Working closely with senior leadership and the Asset Liability Committee (ALCO), the Vice President helps manage portfolio composition and balance sheet goals, establishes loan pricing strategies, evaluates funding sources, oversees the Allowance for Credit Losses (ACL) process, and communicates significant lending initiatives to leadership and the Board of Directors.

The position directs all lending activities and ensures compliance with Bank policies, procedures, and regulatory requirements. Responsibilities include managing agricultural and commercial loan relationships, identifying new business opportunities, conducting customer visits and annual credit reviews, monitoring portfolio performance, approving credit requests within established authority limits, participating in Loan Committee activities, and preparing reports and recommendations for senior leadership and the Board.

As a leader within the organization, the Vice President coaches and develops lending staff to promote high performance, sound credit practices, and adherence to the Bank’s values. The role provides guidance on credit decisions, portfolio management, agricultural and commercial lending practices, and risk assessment while supporting the recruitment, onboarding, training, and retention of lending personnel.

The Vice President serves as an active member of the senior leadership team, contributing to strategic planning and organizational initiatives. The position regularly presents lending, economic, and strategic information to the Board and leadership team and represents the Bank through participation in community organizations, agricultural associations, business groups, and industry events.

Education & Experience Qualifications

A bachelor’s degree in Business, Finance, Economics, Agriculture, or a related field is preferred, or an equivalent combination of education and experience. Graduate School of Banking completion or a willingness to pursue completion is desired. Candidates should possess a minimum of ten years of progressive lending experience, including significant agricultural lending and leadership responsibilities. Strong knowledge of credit administration, agricultural and commercial lending, portfolio management, regulatory compliance, and risk management is required, along with proven leadership, communication, relationship management, analytical, and decision-making skills.

Working Conditions

Work is primarily performed in a professional office environment with periodic travel to customer locations, agricultural operations, community events, and industry meetings. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions of the position.

Career Growth Opportunity

For the right candidate, this position provides a clear succession path to Senior Vice President of Loans, contingent upon demonstrated performance, leadership effectiveness and organizational needs.

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