Head of Operational Risk Salary in Bridgeport, CT
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How much does a Head of Operational Risk make in Bridgeport, CT? The average Head of Operational Risk salary in Bridgeport, CT is $240,162 as of September 01, 2024, but the salary range typically falls between $212,612 and $269,743. 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.
Salary range for a Head of Operational Risk
$212,612 to $269,743
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Head of Operational Risk
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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
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Head of Operational Risk Salary By Experience Levels in Bridgeport, CT
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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 Bridgeport, CT
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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 Bridgeport, CT
Average Base Salary
Core compensation
212612
269743
Average Total Cash Compensation
Includes base and annual incentives
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 Bridgeport, CT. The base salary for Head of Operational Risk ranges from $212,612 to $269,743 with the average base salary of $240,162. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $246,493 to $356,184 with the average total cash compensation of $297,587.
View Average Salary for Head of Operational Risk as table
| Average Salary | Average Salary Range | |
|---|---|---|
| Base Salary | $240,162 | $212,612 - $269,743 |
| Bonus | $57,426 | $33,881 - $86,441 |
| Total Pay | $297,587 | $246,493 - $356,184 |
* 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 Bridgeport, CT
| CITY, STATE | AVERAGE SALARY RANGE | COMPARE TO Bridgeport, CT |
|---|---|---|
| CITY, STATE Fairfield, CT | AVERAGE SALARY RANGE $213,175 - $270,457 | COMPARE TO Bridgeport, CT |
| CITY, STATE Stratford, CT | AVERAGE SALARY RANGE $213,175 - $270,457 | COMPARE TO Bridgeport, CT |
| CITY, STATE Norwalk, CT | AVERAGE SALARY RANGE $215,944 - $273,971 | COMPARE TO Bridgeport, CT |
| CITY, STATE Danbury, CT | AVERAGE SALARY RANGE $208,326 - $264,305 | COMPARE TO Bridgeport, CT |
| CITY, STATE Milford, CT | AVERAGE SALARY RANGE $213,175 - $270,457 | COMPARE TO Bridgeport, CT |
| CITY, STATE Stamford, CT | AVERAGE SALARY RANGE $215,944 - $273,971 | COMPARE TO Bridgeport, CT |
See salaries for Head of Operational Risk in locations close to Bridgeport, CT. 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 Bridgeport, Connecticut
Bridgeport is a historic seaport city in the U.S. state of Connecticut. It is in Fairfield County, at the mouth of the Pequonnock River on Long Island Sound, 60 miles from Manhattan and 40 miles from The Bronx. It is bordered by the towns of Trumbull to the north, Fairfield to the west, and Stratford to the east.
As of 2017, Bridgeport had an estimated population of 146,579, which made it the largest city in Connecticut and the fifth-most populous in New England. The Greater Bridgeport area is the 48th-largest urban area in the United States.
The showman P. T. Barnum was a resident of the cit...
Source: Wikipedia (as of 04/11/2019). Read more from Wikipedia
View Salary for Similar Jobs to Head of Operational Risk in Bridgeport, CT
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| JOB TITLE | LOCATION | MINIMUM SALARY | MAXIMUM SALARY |
|---|---|---|---|
| JOB TITLE Operational Risk Manager | LOCATION Bridgeport, CT | MINIMUM SALARY $128,100 | MAXIMUM SALARY $159,100 |
| JOB TITLE Operational Risk Analyst | LOCATION Bridgeport, CT | MINIMUM SALARY $64,417 | MAXIMUM SALARY $83,720 |
| JOB TITLE Director of Operational Risk | LOCATION Bridgeport, CT | MINIMUM SALARY $168,211 | MAXIMUM SALARY $212,178 |
| JOB TITLE Operational Risk Consultant | LOCATION Bridgeport, CT | MINIMUM SALARY $81,258 | MAXIMUM SALARY $105,137 |
| JOB TITLE Operational Risk Officer | LOCATION Bridgeport, CT | MINIMUM SALARY $83,934 | MAXIMUM SALARY $109,642 |
| JOB TITLE Operational Risk Associate | LOCATION Bridgeport, CT | MINIMUM SALARY $87,900 | MAXIMUM SALARY $120,025 |
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 Bridgeport, CT that might be a good fit for the type of job and salary you are looking for.
About Bridgeport, Connecticut Bridgeport is a historic seaport city in the U.S. state of Connecticut. It is in Fairfield County, at the mouth of the Pequonnock River on Long Island....More
Bridgeport, Connecticut area prices were up 1.7% from a year ago
Head of Operational Risk Salary in popular cities: New Haven, Hartford, Stamford
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap, Job Openings for This Role