Head of Operational Risk Salary in Boston, MA

Change City

How much does a Head of Operational Risk make in Boston, MA? The average Head of Operational Risk salary in Boston, MA is $241,754 as of March 26, 2024, but the salary range typically falls between $213,467 and $268,390. 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.

Search Head of Operational Risk Jobs in Boston, MA

Develop a Job description

Pay Equity

Salary range for a Head of Operational Risk

$213,467 to $268,390

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

View Average Salary for United States
Adjust Head of Operational Risk Salary:
Select State
Select City in MA
Choose Similar Job
Pick Related Category
View Cost of Living in Boston, Massachusetts

For Employees

Get a Salary Increase

Analyze the market and your qualifications to negotiate your salary with confidence.

Search Job Openings

Search thousands of open positions to find your next opportunity.

For Employers

Adjust Employee Salary

Individualize employee pay based on unique job requirements and personal qualifications.

Price My Industry Jobs

Get the latest market price for benchmark jobs and jobs in your industry.

Head of Operational Risk

Review the job openings and experience requirements for the Head of Operational Risk job to confirm that it is the job you are seeking.

See user submitted job responsibilities for Head of Operational Risk.

Search Head of Operational Risk Job Openings

Job Openings for Head of Operational Risk in Boston, MA

Director of Mental Health-Head of Service

Global Family Care Network - Bakersfield , CA

We are a facility which focuses on recovery for females who have experienced (or are at high risk ... Responsibilities: The Head of Service will ensure efficient operations of the DPGH

LinkedIn - 13 days ago

Head of Regulatory Affairs and Quality

Russell Solutions Group - Menlo Park , CA

The incumbent will drive all Regulatory Affairs tasks, projects, and operations and oversee all ... Risk proposals to support regulatory and clinical activities for clients. * Prepare regulatory ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 34 days ago

[Evergreen] Head of Security and Compliance (Director Level)

Dialpad - San Ramon , CA

As a leader in the organization you will be working across various operational and business teams ... Familiarity with quantifiable risk assessment methodologies and maturity models. * Experience ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - Today

Vice President, Head of Translational Medicine

Cargo Therapeutics - San Carlos , CA

This role will be responsible for leading a multidisciplinary team of scientists and operational ... Aid in corporate risk management: Identify potential risks and challenges related to clinical ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 23 days ago

Head of Regulatory Legal

Block - San Francisco , CA

Monitor regulatory developments, assess their potential impact on the company's operations, and ... Identify risk areas and develop systems, policies, and procedures to manage and mitigate them

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - 60 days ago

Area Director of Operations

New Perspective Senior Living LLC - Duncansville , PA

Assists with recruiting, hiring, training of all front line and department head staff. * Provides ... risk factors. * As a representative of the communities, maintains an active and positive visible ...

ZipRecruiter ATS Jobs for ZipSearch/ZipAlerts - Today

What does a Head of Operational Risk do?

Common responsibilities of a Head of Operational Risk

Lead quarterly risk identification processes focused on the identification of material risks and emerging issues at both the corporate and business unit-levels.

December 22, 2022

Develop presentations for all levels of management and the Board to facilitate their review and approval of the program results.

January 21, 2023

Provide regular training and support to educate business units on key risk identification program concepts and address any issues that arise to ensure successful outcomes.

March 22, 2023

Stay abreast of industry rules, regulations and industry best practices to ensure risk assessment programs adhere to supervisory expectations.

April 03, 2023

Assist in directing a group of business aligned senior operational risk managers responsible for implementing a second line of defense operational risk oversight and challenge program.

April 23, 2023

Manage a horizontal review process to evaluate the accuracy and completeness of the risk assessments completed by each business unit and to aggregate risks to reflect firm-wide exposures.

May 14, 2023

Submit Other Responsibilities

Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

Detailed skills and competency reports for specific positions
Job and employee pricing reports
Compensation data tools, salary structures, surveys and benchmarks.

Learn about

Head of Operational Risk Salary By Experience Levels in Boston, MA

How much should you be earning in Head of Operational Risk in Boston, MA based on your current experience?

Tell us how much experience you have and see an estimate of earnings and view how different experience leavels impact potential pay for Head of Operational Risk in Boston, MA

RELEVANT JOB EXPERIENCE

Length of experience is a pay differentiator. Those with greater experience may have an advantage in negotiating salary. For those with less experience, other factors such as education or special skills could impact your pay. Please visit Professional Salary Report for more details.

Head of Operational Risk Salary By Level of Education in Boston, MA

Do you know how much should you be paid for a Head of Operational Risk position in Boston, MA based on your education level?

Tell us about your education and see an estimate of earnings for Head of Operational Risk in Boston, MA and well to know the impact of education on future careers.

LEVEL OF EDUCATION

Depending on the job, educational levels may have a significant impact on pay levels. Be informed and understand how things like education and certifications can help to increase potential earnings for the career you are interested in. Please visit Professional Salary Report for more details.

Average Salary Range for Head of Operational Risk in Boston, MA

Average Base Salary

Core compensation

213467

268390

241754

Average Total Cash Compensation

Includes base and annual incentives

244893

357460

299298

What is the average salary for Head of Operational Risk in 2024?

These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Head of Operational Risk in Boston, MA. The base salary for Head of Operational Risk ranges from $213,467 to $268,390 with the average base salary of $241,754. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $244,893 to $357,460 with the average total cash compensation of $299,298.

View Average Salary for Head of Operational Risk as table

	Average Salary	Average Salary Range
Base Salary	$241,754	$213,467 - $268,390
Bonus	$57,544	$31,427 - $89,070
Total Pay	$299,298	$244,893 - $357,460

* Base Salary represents gross income before taxes and deductions. It does not include additional pay such as benefits, bonuses, profit sharing or commissions.

* Total Pay combines base salary, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job.

Head of Operational Risk Salary Near Boston, MA

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Boston, MA
CITY, STATE Revere, MA	AVERAGE SALARY RANGE $214,552 - $269,755	COMPARE TO Boston, MA
CITY, STATE Brookline, MA	AVERAGE SALARY RANGE $214,552 - $269,755	COMPARE TO Boston, MA
CITY, STATE Malden, MA	AVERAGE SALARY RANGE $214,552 - $269,755	COMPARE TO Boston, MA
CITY, STATE Somerville, MA	AVERAGE SALARY RANGE $214,552 - $269,755	COMPARE TO Boston, MA
CITY, STATE Quincy, MA	AVERAGE SALARY RANGE $214,552 - $269,755	COMPARE TO Boston, MA
CITY, STATE Arlington, MA	AVERAGE SALARY RANGE $214,552 - $269,755	COMPARE TO Boston, MA

See salaries for Head of Operational Risk in locations close to Boston, MA. Pay for the same job may vary based on the location and on the location and on other factors such as the size of company, the industry, and other local conditions.

About Boston, Massachusetts

Boston has an area of 89.63 square miles (232.1 km2)—48.4 square miles (125.4 km2) (54%) of land and 41.2 square miles (106.7 km2) (46%) of water. The city's official elevation, as measured at Logan International Airport, is 19 ft (5.8 m) above sea level. The highest point in Boston is Bellevue Hill at 330 feet (100 m) above sea level, and the lowest point is at sea level. Situated onshore of the Atlantic Ocean, Boston is the only state capital in the contiguous United States with an oceanic shoreline. Boston is surrounded by the "Greater Boston" region and is contiguously bordered by the citi...

Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia

View Salary for Similar Jobs to Head of Operational Risk in Boston, MA

See Additional Similar Jobs

Loading results...

JOB TITLE	LOCATION	MINIMUM SALARY	MAXIMUM SALARY
JOB TITLE Operational Risk Manager	LOCATION Boston, MA	MINIMUM SALARY $124,800	MAXIMUM SALARY $156,500
JOB TITLE Operational Risk Analyst	LOCATION Boston, MA	MINIMUM SALARY $63,024	MAXIMUM SALARY $82,317
JOB TITLE Director of Operational Risk	LOCATION Boston, MA	MINIMUM SALARY $166,389	MAXIMUM SALARY $211,859
JOB TITLE Operational Risk Consultant	LOCATION Boston, MA	MINIMUM SALARY $79,787	MAXIMUM SALARY $102,921
JOB TITLE Operational Risk Officer	LOCATION Boston, MA	MINIMUM SALARY $82,194	MAXIMUM SALARY $107,371
JOB TITLE Operational Risk Associate	LOCATION Boston, MA	MINIMUM SALARY $86,928	MAXIMUM SALARY $118,691

The Head of Operational Risk job could be listed using titles that are not exactly the same, but actually are for the same or very similar job. Here are some job titles in Boston, MA that might be a good fit for the type of job and salary you are looking for.

Discover how your pay is adjusted for skills, experience, and other factors

How much should you be paid?

For a real-time salary target, tell us more about your role in the four categories below.

213467

268390

About Boston, Massachusetts Boston has an area of 89.63 square miles (232.1 km2)—48.4 square miles (125.4 km2) (54%) of land and 41.2 square miles (106.7 km2) (46%) of water. The....More

Boston, Massachusetts area prices were up 2.5% from a year ago

Head of Operational Risk Salary in popular cities: Worcester, Springfield, Lowell

Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role