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Vice President Operational Risk Jobs in Wakefield, MA

Pyramid Healthcare

VP Operations

Concord, MA · On-site

Vice President of Operations Location: Massachusetts Drive Growth. Elevate Care. Lead with Impact ... Operational Oversight * Manage all business functions, including marketing, staffing, and support ...

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Vice President Operational Risk information

See Wakefield, MA salary details

$72.2K

$164.2K

$278.3K

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 Wakefield, MA is $164,226.00, according to ZipRecruiter salary data. Most workers in this role earn between $121,800.00 and $195,000.00 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 popular job titles related to Vice President Operational Risk jobs in Wakefield, MA? For Vice President Operational Risk jobs in Wakefield, MA, the most frequently searched job titles are:
What job categories do people searching Vice President Operational Risk jobs in Wakefield, MA look for? The top searched job categories for Vice President Operational Risk jobs in Wakefield, MA are:
What cities near Wakefield, MA are hiring for Vice President Operational Risk jobs? Cities near Wakefield, MA 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 Wakefield, MA as of May 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Nights. Highlights an 89% Physical, and 11% Remote job distribution, with an average salary of $164,226 per year, or $79 per hour.

Vice President - Operational Excellence

Electro Switch

Weymouth, MA

Other

Posted 12 days ago

Job description

The Vice President of Operational Excellence is responsible for building and scaling a best-in-class operations system to support rapid growth in a ~$200M electrical components manufacturer. This role will drive enterprise-wide improvements across manufacturing, supply chain, quality, and product cost structure, ensuring the organization can meet increasing demand while expanding margins. A critical component of this role is leading Value Analysis / Value Engineering (VA/VE) efforts in close partnership with Engineering and Product Management to systematically reduce product cost, improve manufacturability, and accelerate time-to-market without compromising quality or performance.

The VP will balance strategic leadership with hands-on execution, establishing foundational processes, standard work, and performance discipline required for a company transitioning from mid-size to scaled enterprise operations.

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