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Vp Operational Risk information
See Connecticut salary details
$65.2K - $82.1K
2% of jobs
$82.1K - $99K
8% of jobs
$109.7K is the 25th percentile. Wages below this are outliers.
$99K - $115.9K
23% of jobs
$115.9K - $132.8K
16% of jobs
The median wage is $134.1K / yr.
$132.8K - $149.7K
14% of jobs
$149.7K - $166.6K
11% of jobs
$168.5K is the 75th percentile. Wages above this are outliers.
$166.6K - $183.5K
9% of jobs
$183.5K - $200.4K
7% of jobs
$200.4K - $217.3K
4% of jobs
$217.3K - $234.2K
3% of jobs
$234.2K - $251.1K
2% of jobs
$65.2K
$148.2K
$251.1K
How much do vp operational risk jobs pay per year?
How does a VP of operational risk typically collaborate with other departments to manage risk across the organization?
What are the key skills and qualifications needed to thrive as a VP of operational risk?
What is the difference between Vp Operational Risk vs Vp Credit Risk?
| Aspect | Vp Operational Risk | Vp Credit Risk |
|---|---|---|
| Primary focus | Managing operational risks, including processes, systems, and compliance | Managing credit risk, including borrower assessment and credit portfolio management |
| Required credentials | Risk management certifications (e.g., FRM, PRM), relevant finance or risk degrees | Credit analysis certifications, finance or banking degrees |
| Work environment | Banking, financial services, large corporations | Banking, 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 is a VP operational risk?

Full-time
Medical, Dental, Vision, Life, Retirement, PTO
Re-posted 19 days ago
ASM Global rating
6.7
Based on 83 frontline employees who took The Breakroom Quiz
136th of 251 rated facilities management
Job description
LEGENDS GLOBAL
Legends Global is the premier partner to the world's greatest live events, venues, and brands. We deliver a fully integrated solution of premium services that keeps our partners front and center through our white-label approach. Our network of 450 venues worldwide, hosting 20,000 events and entertaining 165 million guests each year, is powered by our depth of expertise and level of execution across every component feasibility & consulting, owner's representation, sales, partnerships, hospitality, merchandise, venue management, and content & booking of world-class live events and venues.
The Legends Global culture is one of respect, ambitious thinking, collaboration, and bold action. We are committed to building an inclusive workplace where everyone can be authentic, make an impact, and grow their career.Winning is an everyday thing at Legends Global. We have the best team members who understand every win is earned when we come together as one unified team. Sounds like a winning formula for you.Join us!
THE ROLE
As the Vice President of Procurement Operations Excellence, you won't just drive procurement systems and processes; you will help build the engine that enables Legends to deliver world-class hospitality at the world's most iconic venues. You will serve as the enterprise leader responsible for designing, governing, optimizing, and enabling the endtoend procurement operating model across Legends Global. This role drives consistency, transparency, and operational excellence through procurement governance, policies, systems, processes, data management, analytics, and reporting.
This leader owns the procurement technology ecosystem-including eProcurement, labor/professional services management tools, inventory management systems, supplier enablement platforms, AIenabled workflow automation, and all related integrations-ensuring seamless, efficient, and frictionless procurement transactions for stakeholders.
You will lead the Procurement Operations Excellence organization and partner closely with Sourcing, Finance, IT, Legal, Operations, and venuelevel teams to ensure that procurement delivers worldclass customer experience, operational control, and business value.
ESSENTIAL DUTES AND RESPONSIBILITIES
Leadership
- Build and lead a high-performing procurement operations excellence organization across governance, systems, data, analytics, and process excellence.
- Partner with broader Procurement organization, Finance, IT, Operations, and venue leaders to align priorities and drive value.
- Drive talent management including recruiting, performance management, coaching, and succession planning.
- Foster a culture of collaboration, continuous improvement, and innovation.
- Trusted advisor to business unit leaders and SVP Procurement in support of driving procurement strategy and procurement operations excellence.
Procurement Governance & Operating Model
- Develop and maintain the enterprise procurement governance framework, including policies, standards, process documentation, and controls.
- Establish the global Procurement Operating Model with consistent roles, workflows, SLAs, and RACI alignment.
- Create and manage Legends' procurement policy architecture-including sourcing thresholds, delegation of authority, contract requirements, supplier onboarding standards, and compliance controls.
- Drive adoption of bestpractice procurement, supplier management, and inventory processes across all venues and business units.
- Partner with Legal, Finance, Risk, and Audit to ensure adherence to regulatory, contractual, and financial governance requirements.
- Define and manage procurement KPIs across cost, efficiency, quality, compliance, and user experience.
- Own savings tracking methodology, baselines, Finance validation, and performance reporting.
- Lead QBRs with senior executives and publish scorecards.
Process Excellence & Continuous Improvement
- Lead endtoend process mapping, optimization, and automation across requisitioning, sourcing, contracting, purchasing, receiving, invoicing, inventory, and supplier management.
- Benchmark procurement processes against industry standards and define KPI targets for accuracy, efficiency, compliance, and speed.
- Champion continuous improvement initiatives leveraging Lean, Six Sigma, and digital transformation.
Digital Enablement, Data & Reporting
- Define and own the multiyear Procurement Technology Roadmap that must scale, in partnership with IT, Finance, and functional stakeholders.
- Lead adoption of AIenabled procurement capabilities, including intelligent document processing, predictive analytics, conversational interfaces, risk monitoring, and automated workflow optimization.
- Build and scale an integrated AIenabled Work Orchestration Platform to streamline intake, routing, approvals, exception handling, and crossfunctional collaboration.
- Oversee development of a Client Portal for realtime visibility into spend, supplier performance, contracts, KPIs, and savings dashboards.
- Lead deployment of a Vendor Portal to streamline onboarding, compliance documentation, catalog updates, and supplier performance reviews.
- Ensure seamless integration across ERP/Finance systems, POS, inventory systems, and supplier networks.
- Oversee system management, configuration governance, release management, training, and user experience enhancements.
- Own the enterprise procurement data strategy, data governance, and coordinate closely with IT and Finance on master data management.
- Build supplier data pipelines enabling a robust database of transaction and catalog data.
- Define and maintain global procurement dashboards across spend, utilization, savings, inventory accuracy, supplier performance, cycle times, and risk.
- Work with IT to ensure data quality through cleansing, validation, and automated controls.
- Deliver insights using advanced analytics, forecasting, predictive models, and BI tools.
Qualifications
- Bachelors Degree, MBA preferred.
- 15+ years in procurement or supply chain with proven success leading procurement operations or transformation and major technology implementation.
- Expertise in source / procuretopay, eProcurement tools, inventory systems, and supplier management.
- Strong understanding of procurement governance, policy development, and compliance.
- Advanced proficiency with analytics platforms and data visualization.
- Exceptional leadership and stakeholder management skills.
- Proven track record leading sourcing and procurement across multiple spend categories, with particular emphasis on food and beverage.
- Deep negotiation and contract management skills.
- Strong leadership, communication, and stakeholder management abilities.
Skills and Abilities
- Passion for live entertainment, culinary innovation, and venue experience.
- Strong experience with food and beverage inventory management and purchasing.
- Energetic, collaborative leader with strong commercial and operational acumen.
- Strategic thinker with a bias for execution and results.
- Business Partnership & Influence
- Data-Driven Decision Making
- Change Leadership
- Supplier Relationship Management
- Financial Acumen
SUPERVISORY RESPONSIBILITIES
Carries out supervisory responsibilities in accordance with all LegendsGlobalpolicies and applicable laws.
COMPENSATION
Competitive salary range of $175,000 - $200,000 plus bonus potential, commensurate with experience and a generous benefits package that includes medical, dental, vision, life and disability insurance, paid vacation, and 401k plan.
WORKING CONDITIONS
Location:Hybrid w/ travel as needed. Preferred locations - Dallas,TX, New York City, NY, Norwalk, CT (Corporate, US)
PHYSICAL DEMANDS
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonableaccommodationmay be made to enable individuals with disabilities to perform the essential functions.
NOTE:
The essential responsibilities of this position are describedbelowtheabove headings. They may be subject to change at any time due to reasonable accommodation or other reasons. Also, this document in no way states or implies that these are the only duties to be performed by the employee occupying this position.
Legends Global is an Equal Opportunity/Affirmative Action employer, and encourages Women, Minorities, Individuals with Disabilities, and protected Veterans to apply. VEVRAA Federal Contractor.
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About ASM Global
Sourced by ZipRecruiter
ASM Global was formed in October 2019 from the merger of AEG Facilities, the global innovator in live entertainment venues, and SMG, the gold standard in event management. ASM Global is a venue management powerhouse that spans five continents, 14 countries and more than 300 of the world's most prestigious arenas, stadiums, convention and exhibit centers, and performing arts venues. As the world's most trusted venue manager, ASM Global provides venue strategy and management, sales, marketing, event booking and programming, construction and design consulting, and pre-opening services. Among the venues in our portfolio are landmark facilities such as McCormick Place & Soldier Field in Chicago, the Los Angeles Convention Center, Tele2 Arena in Stockholm, the Mercedes-Benz Superdome in New Orleans, the Shenzhen World Exhibition and Conference Centre in Shenzhen, China and Van Andel Arena, DeVos Place & DeVos Performance Hall in Grand Rapids, Michigan. ASM Global also offers food and beverage operations through its concessions and catering companies.
Industry
Arts, entertainment, and recreation
Company size
10,000+ Employees
Headquarters location
Los Angeles, CA, US
Year founded
2019