1

Vp Operational Risk Jobs (NOW HIRING)

OR · On-site

Enterprise Operational Risk & Return Committee Expert Allstate Business Title: Risk & Return ... Primary stakeholder interaction: EVP and SVP-level leaders * Drive Executive decisions through ...

VP, Operational Excellence

Los Angeles, CA · On-site

$235.07K - $293.84K/yr

Job Overview The Vice President, Operational Excellence, is responsible for leading a Center of Expertise (COE) in process design, development, and continuous improvement that provides leadership ...

VP - IT Risk Management

New York, NY · On-site

$171.80K - $215K/yr

Company Description A Major International Bank, their Risk Management Department (Midtown) is seeking a VP - IT Risk Management, and VP Operational Risk in their HQ NYC office. The incumbent will be ...

next page

Showing results 1-20

Vp Operational Risk information

See salary details

$68.5K

$155.8K

$264K

How much do vp operational risk jobs pay per year?

As of Jun 4, 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.

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.

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 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 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 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:
Infographic showing various Vp Operational Risk job openings in the United States as of May 2026, with employment types broken down into 85% Full Time, and 15% Part Time. 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 Excellence

Vice President, Operational Excellence

Trane Technologies plc

Davidson, NC

Full-time

Medical, Retirement, PTO

Posted 19 days ago


Trane Technologies rating

8.0

Company rating: 8.0 out of 10

Based on 282 frontline employees who took The Breakroom Quiz

131st of 515 rated manufacturers


Job description

Be a part of our mission! As a world leader in creating comfortable, sustainable, and efficient climate solutions for buildings, homes and transportation, it's our responsibility to put the planet first. For us at Trane Technologies, and through our businesses including TraneandThermo King, sustainability is not just how we do business-it is our business. Do you dare to look at the world's challenges and see impactful possibilities? Do you want to contribute to making a better future? If the answer is yes, we invite you to consider joining us in boldly challenging what's possible for a sustainable world.

Learn about our benefits designed for you to Thrive at work and at home.

We boldly go.

Where is the work:

Monday to Thursday, work onsite with your colleagues. Fridays, choose your work location, balancing what your work requires.

What's in it for you:
Be part of our mission. As Trane Technologies accelerates its GISC transformation, Operational Excellence is a critical enabler of our growth, productivity, and sustainability goals. As we build the future supply chain-more digital, more reliable, more resilient, and more scalable-our factories and distribution centers must operate at worldclass levels of flow, stability, quality, and efficiency.

As the VP of Operational Excellence, you will own the enterprise Business Operating System (BOS), lead the global lean and continuous improvement strategy, and build the capabilities, standards, and operating rhythms that elevate performance across all regions, SBUs, and plants. You will deliver measurable business results through standardized processes, lean problemsolving, waste elimination, and digital enablement-empowering our operations to scale for future growth.

If you are inspired to build worldclass operational systems and drive measurable performance improvement, we invite you to boldly challenge what's possible.

What you will do:

The VP, Operational Excellence is the enterprise leader responsible for defining, governing, and advancing the Business Operating System (BOS) and operational excellence capabilities across Trane Technologies' Global Integrated Supply Chain. Reporting to the SVP of GISC, this role sets global standards for lean, daily management, problem solving, flow, productivity, and operational performance management.

This leader defines performance standards, drives measurable productivity improvement, and creates an integrated roadmap that advances cost, quality, delivery, and safety outcomes across the enterprise. They will partners deeply with Manufacturing Engineering, Quality, Supply Chain Planning, Logistics, Procurement, Sustainability, and Digitization to ensure that operational excellence is embedded into every stage of the value chain-from product design through finished goods delivery.

The role is accountable for delivering year-over-year productivity gains, supporting structural COGS improvement, building global lean capability, accelerating automation and digital tools, and enabling factories and SBUs to achieve worldclass performance.

What You Will Do

Build Global Lean and Operational Excellence Capability

  • Define and execute the enterprise Operational Excellence strategy aligned to COGS, growth, and efficiency objectives.

  • Champion a culture of continuous improvement, problem-solving, and operational accountability.

  • Strengthen leadership behaviors at all levels to drive reliability, discipline, and data-driven decision making.

  • Establish global standards for value stream mapping, problem solving, waste elimination, flow, and standard work.

Drive Measurable Productivity & COGS Improvement

  • Deliver year-over-year productivity gains through lean methods, automation, line balancing, and waste reduction.

  • Partner with SBUs and plant leaders to improve OEE, labor productivity, flow, and bottleneck elimination and reduce waste, rework, and variability.

  • Provide targeted Operational Excellence support for enterprise-level initiatives, capacity expansions, automation deployments, and footprint optimization.

  • Provide enterprise visibility into productivity performance, root causes, and improvement plans.

Improve Plant Stability, Flow, and Operational Discipline

  • Lead enterprise initiatives to improve flow, takt alignment, standard work adherence, and cycletime stability.

  • Drive consistency in production system execution across SBUs and plants.

  • Strengthen stability and adherence to standard work to reduce variability and improve throughput.

Enable Digital Lean, Automation and Advanced Productivity Tools

  • Partner with the Supply Chain Digitization team to deploy:

    • Real-time performance dashboards

    • Digital work instructions

    • Computer vision-enabled process control

    • IoTbased loss analysis

  • Collaborate with Manufacturing Engineering to align automation with standard work and flow design.

  • Ensure the BOS integrates seamlessly with automation technologies and digital tools.

Lead the Global Business Operating System (BOS)

  • Own and govern the enterprise BOS architecture, standards, tools, leader routines, and performance management rhythm.

  • Define and deploy common processes, visual management, daily management systems, and performance rhythms.

  • Maintain governance and clarity on roles, expectations, and leadership behaviors across SBUs, plants, and functions.

Leadership, Talent & Culture

  • Ensure operational excellence principles are embedded in cross-functional processes, including new product development and supplier collaboration.

  • Drive alignment across the global Operational Excellence network to ensure consistency, shared learning, and accelerated scaling of best practices.

  • Establish a culture of accountability, transparency, and continuous improvement.

  • Build a global, high performing enterprise Operational Excellence organization, with a credible brand and clear roles across regions, SBUs, and plants.

What you will bring:

  • 15+ years of progressive leadership in manufacturing, operational excellence, Lean, or industrial operations.

  • Demonstrated success building and scaling Lean operating systems in global, multi-plant industrial environments with complex supply chains.

  • Deep expertise in lean systems, value stream transformation, daily management, flow design, and problem solving.

  • Experience with enabling automation, digital performance tools, and Industry 4.0 concepts within Lean systems strongly preferred.

  • Proven leadership in complex, global, matrixed environments.

  • Bachelor's degree required; Engineering or technical field preferred.

  • Advanced degree or Operational Excellence certification (e.g., Six Sigma Black Belt, Lean Master) strongly valued.

  • Ability to travel globally up to 25-30%.

Leadership & Competencies

  • Resultsdriven operator with a strong bias for action and a strong sense of operational discipline.

  • Enterprise thinker able to connect strategy systems processes behaviors results.

  • Capable of balancing strategic system design with practical, on-the-ground execution.

  • Skilled communication who can simplify complexity, create alignment and drive clarity in ambiguous situations.

Builder of talent and culture; capable of raising leadership expectations across all levels.

Annual Base Salary Range or Hourly Base Pay Range:

$313,500.00 - $409,500.00

Compensation Type:

Salary

Incentive Eligible:

Yes

Sales Commission Eligible:

No

Disclaimer: We strive to provide competitive compensation for this position, tailored to a variety of factors. The actual compensation will depend on elements such as seniority, merit, geographic location, education, experience, travel requirements, and union designation. Our compensation range is generally based on the national average for the country. Additionally, benefits may vary depending on the region, business alignment, union involvement, and employee status.

Thrive at work and at home:

  • Benefits kick in on DAY ONE for you and your family, including health insurance and holistic wellness programs that include generous incentives - WE DARE TO CARE!

  • Family building benefits include fertility coverage and adoption/surrogacy assistance.

  • 401K match up to 6%, plus an additional 2% core contribution = up to 8% company contribution.

  • Paid time off includes 15 vacation days, 9 paid holidays, 3 floating holidays, sick leave, and additional options to support volunteer and parental leave.

  • Educational and training opportunities through company programs along with tuition assistance and student debt support.

Disclaimer: Benefit offerings may vary depending on Collective Barraging Agreements and local/state regulations.

Safety Sensitive Role:

Yes

The company designates certain roles as Safety Sensitive. Safety Sensitive roles may require that you pass additional drug screening.

We offer competitive compensation and comprehensive benefits and programs. We are an equal opportunity employer; all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, pregnancy, age, marital status, disability, status as a protected veteran, or any legally protected status.


What Trane Technologies employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom


Trane Technologies logo

About Trane Technologies

Sourced by ZipRecruiter

At Trane Technologies and through our businesses including Trane® and Thermo King®, we create innovative climate solutions for buildings, homes, and transportation that challenge what's possible for a sustainable world. We're a team that dares to look at the world's challenges and see impactful possibilities. We believe in a better future when we uplift others and enable our people to thrive at work and at home. We boldly go.

Industry

Industrial machinery manufacturing and machinery manufacturing

Company size

10,000+ Employees

Headquarters location

Davidson, NC, US