ZipRecruiter

Log In

1

Vp Operational Risk Jobs (NOW HIRING)

Premium Technology

Operational Risk VP

New York, NY

Company Description A Major International Bank in Midtown Manhattan is seeking Operational Risk VP in their HQ NYC office. The incumbent will be responsible for the oversight of the operational risk ...

Macquarie Group Limited

VP, Operational Risk

New York, NY · On-site

$161K - $217K/yr

The team partners closely with front-office, operations, and risk stakeholders to strengthen control environments and support safe, sustainable business growth. We are a global financial services ...

Td

VP - Operational Risk Management (TDS)

New York, NY

$115K - $175K/yr

TD Securities Operational Risk Management (Level 10) - Vice President Business Unit : Risk Management Region : US Location : 1 Vanderbilt Team Overview Operational Risk Management (ORM) works as an ...

Nomura International

Operational Risk - VP

Manhattan, NY · On-site

$160K - $185K/yr

Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk Management Location: New York, Philadelphia The pay range for this position at commencement of ...

next page

Showing results 1-20

All JobsVp Operational Risk Jobs

Vp Operational Risk information

See salary details

$68.5K

$155.8K

$264K

How much do vp operational risk jobs pay per year?

As of Jul 20, 2026, the average yearly pay for vp operational risk in the United States is $155,780.00, according to ZipRecruiter salary data. Most workers in this role earn between $115,500.00 and $185,000.00 per year, depending on experience, location, and employer.

How does a VP of Operational Risk typically collaborate with other departments to manage risk across the organization?

A VP of Operational Risk works closely with leaders from departments such as Compliance, IT, Audit, and Business Operations to identify, assess, and mitigate risks throughout the organization. This collaboration often involves regular risk assessments, cross-functional meetings, and the development of risk mitigation strategies that align with business objectives. Effective communication and relationship-building skills are crucial, as the VP must ensure that risk management practices are integrated into daily operations and that all departments are aligned with the organization’s risk appetite. This collaborative approach helps build a strong risk culture and ensures that issues are identified and addressed proactively.

What are the key skills and qualifications needed to thrive as a VP of Operational Risk, and why are they important?

To thrive as a VP of Operational Risk, you need a deep understanding of risk management frameworks, regulatory requirements, and industry best practices, typically supported by a bachelor's or master's degree in finance, business, or a related field. Familiarity with risk assessment tools, data analytics platforms, and certifications like FRM or CRM are commonly expected. Exceptional leadership, strategic thinking, and strong communication skills are crucial for influencing stakeholders and managing cross-functional teams. These skills are essential for proactively identifying, assessing, and mitigating operational risks to protect the organization's assets and reputation.

What is the difference between Vp Operational Risk vs Vp Credit Risk?

AspectVp Operational RiskVp Credit Risk
Primary focusManaging operational risks, including processes, systems, and complianceManaging credit risk, including borrower assessment and credit portfolio management
Required credentialsRisk management certifications (e.g., FRM, PRM), relevant finance or risk degreesCredit analysis certifications, finance or banking degrees
Work environmentBanking, financial services, large corporationsBanking, financial institutions, lending organizations

While both roles involve risk management, the Vp Operational Risk focuses on internal processes and compliance, whereas the Vp Credit Risk concentrates on assessing and managing credit exposure. Understanding these differences helps professionals target their skills and career paths effectively.

What are VP Operational Risk?

A VP Operational Risk, or Vice President of Operational Risk, is a senior executive responsible for identifying, assessing, and managing risks that arise from an organization's day-to-day operations. They develop risk management strategies, ensure compliance with regulations, and work to minimize losses from process failures, fraud, or other business disruptions. VPs in this role often lead teams, collaborate with other departments, and report risk exposures to top management. Their expertise helps ensure the organization's stability and protects its reputation.
What cities are hiring for Vp Operational Risk jobs? Cities with the most Vp Operational Risk job openings:
What are the most commonly searched types of Operational Risk jobs? The most popular types of Operational Risk jobs are:
What states have the most Vp Operational Risk jobs? States with the most job openings for Vp Operational Risk jobs include:
Vp Operational Risk jobs near you
Infographic showing various Vp Operational Risk job openings in the United States as of July 2026, with employment types broken down into 87% Full Time, 12% Part Time, and 1% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $155,780 per year, or $74.9 per hour.
Vice President, Operational Risk Coverage

Vice President, Operational Risk Coverage

BNY Mellon

Manhattan, NY • On-site

$68K - $130K/yr

Full-time

Posted 21 days ago

BNY Mellon rating

7.7

Company rating: 7.7 out of 10

Based on 50 frontline employees who took The Breakroom Quiz

106th of 148 rated financial services

Job description


Vice President, Operational Risk Coverage
At BNY, our culture allows us to run our company better and enables employees' growth and success. As a leading global financial services company at the heart of the global financial system, we influence nearly 20% of the world's investible assets. Every day, our teams harness cutting-edge AI and breakthrough technologies to collaborate with clients, driving transformative solutions that redefine industries and uplift communities worldwide.
Recognized as a top destination for innovators, BNY is where bold ideas meet advanced technology and exceptional talent. Together, we power the future of finance - and this is what #LifeAtBNY is all about. Join us and be part of something extraordinary.
We're seeking a future team member for the role of Vice President, Operational Risk Coverage to join our Risk team. This role is located in New York, New York.
In this role, you'll make an impact in the following ways:
  • Deliver 2nd Line of Defense oversight across Enterprise Platforms ensuring alignment with the ORM Framework.
  • Review and challenge the 1st Line of Defense risk and control activities including RCSAs, KRIs, OREs, HLAs, business process changes and issue management to maintain accurate risk profiles.
  • Proactively identify gaps, raise challenges and work with the 1st Line of Defense to ensure timely remediation.
  • Engage and provide guidance on strategic initiatives and remediation projects focusing on risk management solutions that enable safe and sound business growth and promoting strong 1st Line of Defense accountability.
  • Stay current on industry trends and contribute to enterprise AI initiatives.
  • Escalate emerging risks and recommend enhancements to ORM frameworks and practices.

To be successful in this role, we're seeking the following:
  • Bachelor's degree or equivalent required; graduate degree preferred
  • 5-7 years' professional experience. Op risk experience is preferred. Experience in First Line (business/control), Second Line Compliance, or Third Line Audit valued
  • Familiarity with Operational Risk Management Framework and tools (RCSAs, KRIs, OREs, Issues, Scenario Analysis)
  • Ability to develop and establish collaborative working relationships with colleagues in both 1st and 2nd Lines of Defense to ensure timely completion of risk-related deliverables, issue resolution and implementation of improvements.
  • Strong data analytics skills; advanced proficiency in Excel, Word, PowerPoint; Experience in AI adoption and utilization is preferred.
  • Good interpersonal and communication skills with the ability to interact effectively with senior leaders and stakeholders across all levels of the organization.
  • Eagerness to learn, innovate, and explore new ideas
  • Strong critical thinking and analytical skills and ability to work with data and identify risk trends, patterns, and concentrations.
  • Skilled at delivering clear, well-supported recommendations in writing and verbally.
  • Collaborative and team-oriented demonstrating ability to interact and engage with a diverse group of people in a variety of functions across the world.
  • Results-oriented, able to work with high productivity in a fast-paced environment with tight timelines and competing priorities.

At BNY, our culture speaks for itself, check out the latest BNY news at:
BNY Newsroom
BNY LinkedIn
Here's a few of our recent awards:
  • America's Most Innovative Companies, Fortune, 2025
  • World's Most Admired Companies, Fortune 2025
  • "Most Just Companies", Just Capital and CNBC, 2025

Our Benefits and Rewards:
BNY offers highly competitive compensation, benefits, and wellbeing programs rooted in a strong culture of excellence and our pay-for-performance philosophy. We provide access to flexible global resources and tools for your life's journey. Focus on your health, foster your personal resilience, and reach your financial goals as a valued member of our team, along with generous paid leaves, including paid volunteer time, that can support you and your family through moments that matter.
BNY is an Equal Employment Opportunity/Affirmative Action Employer - Underrepresented racial and ethnic groups/Females/Individuals with Disabilities/Protected Veterans.
BNY assesses market data to ensure a competitive compensation package for our employees. The base salary for this position is expected to be between $68,000 and $130,000 per year at the commencement of employment. However, base salary if hired will be determined on an individualized basis, including as to experience and market location, and is only part of the BNY total compensation package, which, depending on the position, may also include commission earnings, discretionary bonuses, short and long-term incentive packages, and Company-sponsored benefit programs.
This position is at-will and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation) at any time, including for reasons related to individual performance, change in geographic location, Company or individual department/team performance, and market factors.

What BNY Mellon employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

BNY Mellon logo

About BNY Mellon

Sourced by ZipRecruiter

BNY Mellon is a global investments company dedicated to helping its clients manage and service their financial assets throughout the investment lifecycle. Whether providing financial services for institutions, corporations or individual investors, BNY Mellon delivers informed investment and wealth management and investment services in 35 countries. As of Dec. 31, 2021, BNY Mellon had $46.7 trillion in assets under custody and/or administration, and $2.4 trillion in assets under management. BNY Mellon can act as a single point of contact for clients looking to create, trade, hold, manage, service, distribute or restructure investments. BNY Mellon is the corporate brand of The Bank of New York Mellon Corporation (NYSE: BK). Additional information is available on www.bnymellon.com . Follow us on Twitter @BNYMellon or visit our newsroom at www.bnymellon.com/newsroom for the latest company news.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1784

View All BNY Mellon Jobs

Apply