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How much does a Vice President of Operational Risk Management make in Philadelphia, PA? The average Vice President of Operational Risk Management salary in Philadelphia, PA is $236,900 as of April 24, 2024, but the range typically falls between $208,200 and $281,400. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.

Vice President of Operational Risk Management Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Vice President of Operational Risk Management Salary $182,070 Philadelphia,PA April 24, 2024
25th Percentile Vice President of Operational Risk Management Salary $208,200 Philadelphia,PA April 24, 2024
50th Percentile Vice President of Operational Risk Management Salary $236,900 Philadelphia,PA April 24, 2024
75th Percentile Vice President of Operational Risk Management Salary $281,400 Philadelphia,PA April 24, 2024
90th Percentile Vice President of Operational Risk Management Salary $321,915 Philadelphia,PA April 24, 2024
25% $208,200 10% $182,070 90% $321,915 75% $281,400 $236,900 50%(Median) Didn’t find job title? Click
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Job Description

The Vice President of Operational Risk Management is responsible for the efficient execution of strategies, controls, and measures to monitor and mitigate the risk exposure of assets. Oversees the planning and analysis of an organization's risk management function. Being a Vice President of Operational Risk Management reviews financial models to understand the risk exposure of an organization's assets. Monitors the effectiveness of procedures to identify points of improvement. In addition, Vice President of Operational Risk Management develops training and educational materials to identify and mitigate risks. Promotes organization-wide understanding of risks and risk management strategies. Requires a bachelor's degree. Typically reports to top management. The Vice President of Operational Risk Management manages a departmental function within a broader corporate function. Develops major goals to support broad functional objectives. Approves policies developed within various sub-functions and departments. Working as a Vice President of Operational Risk Management typically requires 8+ years of managerial experience. Comprehensive knowledge of the overall departmental function. (Copyright 2024 Salary.com)

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Job Openings for Vice President of Operational Risk Management in Philadelphia, PA

Career Path for this job

  1. Down a level:

    Operational Risk Management Director


    Bachelor's Degree

  2. This Job:

    Vice President of Operational Risk Management


    Bachelor's Degree

  3. Up a level:

    Head of Risk Management


    Bachelor's Degree

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Average Base Salary

Core compensation

 
 
 
208200
281400
236900

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
234800
352300
286200
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Vice President of Operational Risk Management in Philadelphia, PA. The base salary for Vice President of Operational Risk Management ranges from $208,200 to $281,400 with the average base salary of $236,900. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $234,800 to $352,300 with the average total cash compensation of $286,200.
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208200
281400

 

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About Philadelphia, Pennsylvania    Philadelphia, sometimes known colloquially as Philly, is the largest city in the U.S. state and Commonwealth of Pennsylvania, and the sixth-most popul....More

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