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Vice President Operational Risk Jobs in Racine, WI

Steel Partners

Vice President HR/EHS

Cudahy, WI · On-site

... reduced risk of supply disruptions. With manufacturing facilities in North America, China and ... other operational efficiency initiatives that form the foundation of this program, Lucas is ...

Lucas Milhaupt

Vice President HR/EHS

Cudahy, WI · On-site

... reduced risk of supply disruptions. With manufacturing facilities in North America, China and ... other operational efficiency initiatives that form the foundation of this program, Lucas is ...

DERSE INC

Vice President, Sales Support

Milwaukee, WI · On-site

This role will also support the corporate operations department & Derse divisions to improve ... The Vice President, Sales Support must reside within our Milwaukee office, and has potential for ...

Illuminus

Vice President of Sales

Milwaukee, WI · On-site

Working collaboratively with operations, marketing, and executive leadership teams, the Vice President of Sales leads organizational sales initiatives, develops high-performing sales teams, and ...

Illuminus

Vice President of Sales

Milwaukee, WI · On-site

Working collaboratively with operations, marketing, and executive leadership teams, the Vice President of Sales leads organizational sales initiatives, develops high-performing sales teams, and ...

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All JobsVice President Operational Risk JobsVice President Operational Risk Jobs in Racine, WI

Vice President Operational Risk information

See Racine, WI salary details

$64.2K

$146.1K

$247.5K

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

As of Jun 27, 2026, the average yearly pay for vice president operational risk in Racine, WI is $146,071.00, according to ZipRecruiter salary data. Most workers in this role earn between $108,300.00 and $173,500.00 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 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 job categories do people searching Vice President Operational Risk jobs in Racine, WI look for? The top searched job categories for Vice President Operational Risk jobs in Racine, WI are:
What cities near Racine, WI are hiring for Vice President Operational Risk jobs? Cities near Racine, WI with the most Vice President Operational Risk job openings:
Vice President Operational Risk jobs near you
Vice President, Finance

Vice President, Finance

Old Republic Risk Management

Brookfield, WI • On-site

$140K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 2 days ago

Job description

Description
Position at Old Republic Risk Management
Vice President, Finance
Brookfield, WI (Onsite) Target Salary $140,000 + Annual Company Bonus Opportunity
Lead People. Drive Change. Shape What's Next.
Old Republic Risk Management (ORRM) is seeking a strategic and people-focused Vice President, Finance to lead our financial reporting team and help shape the future of our finance organization.
This newly created leadership role is ideal for an accomplished accounting professional who enjoys building relationships, developing teams, and leading organizations through change. Reporting to the Senior Vice President, Chief Financial Officer, this position will partner closely with the CFO, Deputy CFO, VP Controller, and parent company finance leaders to strengthen financial reporting processes, challenge traditional thinking, and identify opportunities to improve how work gets done.
Based in our Brookfield, Wisconsin headquarters, this position will travel at least once per month for two to three days to Pennsylvania to collaborate with finance team members and business partners.
What You'll Do
Lead and Develop a High-Performing Team
  • Provide leadership, coaching, and development to the financial reporting team, fostering an environment of accountability, collaboration, and continuous learning.
  • Build trust and engagement while leading teams through change and process evolution.
  • Mentor team members and create opportunities for professional growth and succession planning.

Lead Financial Reporting Excellence
  • Oversee the preparation, review, and submission of monthly, quarterly, and annual financial statements, management reports, statutory filings, and regulatory reporting requirements.
  • Direct the preparation and filing of insurance-related statutory reporting, annual statements, Risk-Based Capital (RBC) reports, and other required regulatory submissions.
  • Partner across finance leadership to ensure the integrity, accuracy, and timeliness of financial reporting and compliance activities.
  • Support both statutory and GAAP financial reporting activities and contribute to the continued enhancement of reporting capabilities.

Drive Transformation and Continuous Improvement
  • Evaluate existing processes, identify opportunities to modernize and streamline reporting activities, and implement sustainable improvements.
  • Bring fresh perspectives and innovative thinking to long-standing processes and challenges.
  • Lead change initiatives with a focus on communication, engagement, and successful adoption.
  • Partner with finance leadership and the parent company to strengthen processes, controls, and reporting practices.

Serve as a Strategic Business Partner
  • Collaborate with executive leadership, finance partners, auditors, regulators, and parent company stakeholders on financial reporting matters and strategic initiatives.
  • Translate complex accounting and reporting concepts into practical business insights and recommendations.
  • Build strong cross-functional relationships that enable effective decision-making and organizational success.

What We're Looking For
Required Qualifications
  • Active CPA designation preferred; candidates who have successfully completed CPA requirements and are eligible for licensure will also be considered.
  • Bachelor's degree in Accounting, Finance, or a related field.
  • Minimum of 10 years of progressive accounting and financial reporting experience.
  • At least 5 years of people leadership experience with demonstrated success developing teams and leading through change.
  • Proven ability to influence, collaborate, and communicate effectively across all levels of an organization.
  • Self-starter with the ability to thrive in a newly created role and bring structure, vision, and forward-thinking ideas to the organization.

Preferred Qualifications
  • Insurance industry experience, including knowledge of Statutory Accounting Principles (SAP), insurance regulatory reporting, and financial statement preparation.
  • Strong GAAP financial reporting experience.
  • Master's degree or MBA preferred.

Insurance experience is strongly preferred but not required. We welcome experienced accounting leaders from other industries who bring exceptional people leadership capabilities, a strong technical accounting foundation, and a demonstrated ability to lead teams and organizations through change.
Why Join ORRM?
  • Newly created leadership role with the opportunity to make a meaningful impact
  • Collaborative executive team and strong partnership across finance leadership
  • Ability to influence and modernize financial reporting processes and practices
  • Opportunity to lead and develop a talented team while helping shape the future of the finance organization
  • Competitive target salary of $140,000, based on experience and qualifications
  • Eligible for our annual company bonus program

COMPANY BENEFITS
Financial:
  • Competitive target salary of $140,000
  • Lucrative annual bonus based upon performance
  • 401k Savings & Profit-Sharing Plan, including company match contribution
  • Roth investment options
  • 529 Education Savings Plan
  • Employee Referral Bonus Program

Health:
  • Health Insurance
  • Dental Insurance
  • Flexible Spending & Health Savings Account options
  • Life Insurance
  • Vision Insurance
  • Supplement Life Insurance
  • Long-Term Disability Insurance
  • Permanent Life Insurance & Long Term Care
  • Paid Leave of Absence Benefits
  • Accident & Critical Illness Insurance
  • Pet Insurance

Work-Life Balance:
  • 37.5 hour standard work week
  • Hybrid work opportunities available upon completion of training
  • Casual business attire
  • Generous paid time-off (PTO)
  • Paid holidays
  • Volunteer opportunities
  • Company-sponsored events and outings

Interested? Click 'apply' and follow some very simple steps to get your resume in front of the Talent Acquisition Team.
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Old Republic Risk Management is an Equal Opportunity Employer and is committed to maintaining a diverse workplace.

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