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Vice President Operational Risk Jobs in London, ON

Reporting to the Vice President of Operations, the successful candidate will responsible for managing all daily branch activities, and must be a highly motivated individual who possesses excellent ...

Investment Specialist

London, ON ยท Hybrid

CA$65K - CA$70K/yr

Reporting to the Vice President of Investments, this role is pivotal in supporting Advisors and ... risk management, insurance, employee benefits, retirement and wealth management products and ...

Enterprise Account Executive

London, ON ยท Remote

CA$80K - CA$100K/yr

... risk mitigation. * Deal Execution & Onboarding: Drive contracts to close by negotiating terms ... stakeholder (VP/C-Suite) buying cycles. * The Mindset: A resilient, consultative, and deeply ...

... the VP Legal * Provides legal expertise to the Information Technology department on contract ... Assessing new supplier engagements to determine level of risk and legal requirements * Drafting ...

General Manager

Tillsonburg, ON ยท On-site

CA$80K - CA$101K/yr

Reporting to the Vice President Regional Operation or the Regional Director of Operations, we are searching for an individual who thrives in a multifaceted and highly rewarding environment. This role ...

Reporting to the Vice President Regional Operation or the Regional Director of Operations, we are searching for an individual who thrives in a multifaceted and highly rewarding environment. This role ...

Showing results 21-40

Vice President Operational Risk information

See London, ON salary details

$32.4K

$139.6K

$260.2K

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

As of Aug 19, 2026, the average yearly pay for vice president operational risk in London, ON is $139,600.00, according to ZipRecruiter salary data. Most workers in this role earn between $103,580.00 and $143,717.00 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.

Infographic showing various Vice President Operational Risk job openings in London, ON as of August 2026, with employment types broken down into 82% Full Time, 16% Part Time, and 2% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $139,600 per year, or $67.1 per hour.

Director, Strategic Sourcing and Vendor Management

Fanshawe College

London, ON โ€ข On-site

CA$119K - CA$170K/yr

Full-time

Medical, Dental, Retirement, PTO

Posted 8 days ago


Job description

If you are a current Fanshawe College employee, please apply to jobs directly through Workday. Do not apply on the external career page.

Interested in growing your career at Fanshawe College?

Fanshawe College thrives because of its people. We foster a culture of excellence and see opportunities to turn potential into impact. Leading with empathy, belonging, unity, learning and courage, we guide the learning journey of our students, ensuring they are ready for work and life, today and tomorrow.

Working at Fanshawe College

Fanshawe College is committed to the principles of hybrid work and may offer this option to employees whose work can be performed in an alternate location, without adverse impact to the operations of the College, inclusive of our Student and Staff experience. Confirmation of hybrid work options available to you will be clarified upon hire and may be subject to change based on the duties required of your position. Successful candidates will be required to perform work within Ontario and must be available to work on campus, as required.

Posting Closing Date:

September 1, 2026

Campus Location:

London, ON

Department:

VFC1 Corporate Services and Infrastructure

Employment Group:

Administrative

Pay Details:

$119,646.00 - $170,442.00 Salary

Worker Sub-Type:

Regular

Time Type:

Full time

Remote Type:

Hybrid

Contract End Date:

Hours of Work per Week:

37.5

Job Description:

Note:This is for 1 Regular Full-Time vacancy. This is a Hybrid position requiring in-person work based in London, Ontario. This position is deemed a critical replacement vacancy.

Why this Role is Important

At Fanshawe College, procurement is more than purchasing. It is a strategic function that supports financial sustainability, institutional resilience, and the successful delivery of enterprise priorities. The Corporate Services and Infrastructure portfolio works across the College to enable responsible stewardship of resources, advance major strategic initiatives, and ensure students and employees have access to the services, technology, infrastructure, and partnerships needed to succeed.

The Strategic Sourcing and Vendor Management team plays a vital role in achieving these outcomes by strengthening supplier relationships, enhancing procurement governance, managing institutional risk, and driving value from the College's investments. This leadership position offers the opportunity to influence College-wide decisions, shape procurement strategy, and contribute to the future success of one of Ontario's leading colleges.

Reporting to the Vice-President, Corporate Services and Infrastructure, the Director, Strategic Sourcing and Vendor Management provides enterprise leadership for the College's strategic sourcing, vendor management, procurement governance, contract lifecycle management, and supplier risk functions. The Director establishes College-wide sourcing strategy, vendor performance standards, procurement compliance controls, and contract governance practices that support financial stewardship, operational continuity, accountable public-sector procurement, and institutional risk mitigation.

The incumbent is the College's senior functional authority on strategic procurement, public-sector procurement obligations, vendor relationship governance, contract administration, and supplier performance. The Director leads a team of Senior Buyers and Junior Buyers, advises senior leadership on sourcing options and vendor risk, and liaises with Fanshawe Legal Counsel to support appropriate review, negotiation, interpretation, escalation, and lifecycle management of vendor contracts.

How You'll Make an Impact

Strategic Sourcing and Procurement Planning

  • Leads the College-wide strategic sourcing roadmap; defines category strategies for high-value goods, services, construction and infrastructure-related procurements

  • Assess market conditions and supplier capacity; leading the sourcing strategy for major institutional initiatives

  • Establishes procurement plans that balance value, risk, compliance, operational needs and total cost of ownership

Vendor Management and Contract Lifecycle Governance

  • Owns the vendor management framework, including supplier onboarding, performance scorecards, risk reviews, issue escalation, renewal planning and vendor relationship governance

  • Liaises with Fanshawe Legal Counsel on vendor contract templates, contract interpretation, negotiated terms, service-level commitments, dispute resolution, amendments, renewals, terminations and risk mitigation

Procurement Governance, Compliance and Risk Management

  • Directs procurement policy, internal controls and compliance monitoring under applicable public-sector procurement obligations, College policies and trade agreement requirements

  • Leads procurement audits, corrective action plans, reporting, delegated authority controls, conflict-of-interest safeguards, documentation standards and transparent, defensible award processes

People Leadership and Procurement Operations

  • Lead, coach and develop the Procurement Office team, including 3 Senior Buyers and 2 Junior Buyers

  • Sets service standards, workload priorities, performance expectations, succession plans, professional development plans and operating protocols

  • Ensures timely, responsive and consistent procurement service delivery to college departments

  • Motivates and guides staff to foster a collaborative, high-productivity team culture focused on excellent customer service

Executive Advisory, Analytics and Stakeholder Engagement

  • Prepares executive-level procurement, sourcing, vendor performance and compliance reporting for senior leadership, committees, and governance bodies

  • Provides advice to leaders on sourcing approaches, procurement risks, contract strategy, supplier issues and market trends

  • Represents the College in sector-wide procurement initiatives, collaborative purchasing groups, OECM activities, and professional procurement associations, and leads collaborative procurement opportunities on behalf of participating institutions

Other Duties as Assigned

What You'll Bring

  • Post-secondary 4-year degree in Supply Chain Management, Business Administration, Commerce, Public Administration, Law, Finance, or a related discipline

  • Master's Degree in Business, Public Administration, Law, Supply Chain or a related field is preferred

  • Minimum 9 years of progressively responsible strategic sourcing, procurement, vendor management or contract management experience, including significant leadership responsibility in a public sector, broader public sector, government, post-secondary, healthcare, municipal or similarly regulated environment

  • Demonstrated experience leading complex and high-value sourcing initiatives, vendor performance programs, contract negotiations, legal-counsel-supported contract reviews, procurement audits, supplier issue escalations, policy development, executive reporting and cross-functional procurement governance involving significant institutional risk and financial impact

  • One recognized procurement, supply chain, contract management or public procurement designation is required and must be actively maintained, such as SCMP, CPPO, CPPB, CSCP, CPCM, CPSM or NIGP-CPP

  • Training in contract law, negotiating complex agreements, vendor risk management, public-sector procurement compliance, conflict-of-interest management, construction procurement, privacy/security procurement considerations and supplier performance management is strongly preferred

  • An equivalent combination of education and experience may be considered

  • Enterprise strategic sourcing and category management; ability to translate College priorities into sourcing roadmaps and procurement plans

  • Advanced vendor management, supplier performance management, contract lifecycle governance and escalation management

  • Strong ability to liaise with legal counsel on contract review, negotiation, risk allocation, service-level commitments, remedies, amendments and dispute resolution

  • Public-sector procurement expertise, including defensible procurement documentation, fairness, transparency, accountability, value-for-money and compliance monitoring

  • Executive-level communication, briefing-note preparation, presentation skills and ability to advise senior leaders, committees and Board-level audiences

  • Financial acumen, total cost of ownership analysis, savings opportunity identification, budget awareness and risk-adjusted procurement decision-making

  • People leadership, coaching, workload planning, service management, change leadership and staff development

  • Analytical capability with dashboards, metrics, procurement reporting, vendor scorecards, trend analysis and continuous improvement

  • High judgment, ethics, confidentiality, conflict management, negotiation, influencing skills and resilience in politically sensitive or high-risk vendor situations

What This Opportunity Offers

  • Comprehensive Pension & Benefits: Join a defined-benefit pension plan(through the CAAT Pension Plan)that delivers predictable lifetime retirement income, plus dental, disability,travelinsuranceandextended health coverage.

  • Vacation:Enjoy paid time off and benefit from a scheduled holiday closure thatoffersadditionalrestand time with family during the winter season

  • Tuition & Professional Development: Continue your learning journey - eligible employees and their dependents can take select Fanshawe programs or courses at a reduced cost

  • Inclusive, Meaningful Campus environment: Work alongside passionate colleagues in an inclusive culture that values diversity, drives student success, and connects you to the local community and campus life.

Ready to Apply?

If you're a collaborative leader who thrives on delivering strategic procurement solutions, strengthening vendor relationships, and influencing organization-wide decisions that support long-term institutional success, we'd love to hear from you.

Fanshawe College uses Workday to manage recruitment and hiring processes.
Educational Credentials

While transcripts are not required for the interview, they are mandatory as a condition of employment.

Equity, Diversity and Inclusion

Fanshawe College is an equal opportunity employer. We are committed to equity, value diversity, and welcome applicants from diverse backgrounds.

Accommodation

Fanshawe College provides accommodations to job applicants with disabilities throughout the hiring process. If a job applicant requires an accommodation during the application process or through the selection process, the hiring manager and the recruiter leading the recruitment will work with the applicant to meet the job applicant's accommodation needs. Accommodation requests per the Ontario Human Rights Code and the Accessibility for Ontarians with Disabilities Act can be emailed to: askhr@fanshawec.ca

Land Acknowledgement

Fanshawe College would like to acknowledge and honour the Anishinaabe, Lotinuhsyuni and Lenape people of southwestern Ontario as the traditional owners and custodians of the lands and waterways where Fanshawe College is located.

We thank all applicants for their interest; however, only those chosen for an interview will be contacted.