How much does a Vice President of Operational Risk Management make at companies like EMCOR Group, Inc. in the United States? The average salary for Vice President of Operational Risk Management at companies like EMCOR Group, Inc. in the United States is $264,300 as of March 26, 2024, but the range typically falls between $232,900 and $313,400. 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. View the Cost of Living in Major Cities
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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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