Head of Operational Risk Salary in Buffalo, New York

How much does a Head of Operational Risk make in Buffalo, NY?

As of April 01, 2025, the average annual salary for a Head of Operational Risk in Buffalo, NY is $213,289. Salary.com reports that pay typically ranges from $187,425 to $237,912, with most professionals earning between $163,877 and $260,330.

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Salary range for a Head of Operational Risk

$187,425 to $237,912

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Head of Operational Risk

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Job Openings for Head of Operational Risk in Buffalo, NY

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 Buffalo, NY

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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 Buffalo, NY

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LEVEL OF EDUCATION

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Average Salary Range for Head of Operational Risk in Buffalo, NY

Average Base Salary

Core compensation

187425

237912

213289

Average Total Cash Compensation

Includes base and annual incentives

218635

309321

259903

What is the average salary for Head of Operational Risk in 2025?

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 Buffalo, NY. The base salary for Head of Operational Risk ranges from $187,425 to $237,912 with the average base salary of $213,289. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $218,635 to $309,321 with the average total cash compensation of $259,903.

View Average Salary for Head of Operational Risk as table

	Average Salary	Average Salary Range
Base Salary	$213,289	$187,425 - $237,912
Bonus	$46,614	$31,210 - $71,409
Total Pay	$259,903	$218,635 - $309,321

* 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 Buffalo, NY

CITY, STATE	AVERAGE SALARY RANGE	COMPARE TO Buffalo, NY
CITY, STATE Niagara Falls, NY	AVERAGE SALARY RANGE $187,037 - $237,420	COMPARE TO Buffalo, NY
CITY, STATE Jamestown, NY	AVERAGE SALARY RANGE $183,936 - $233,484	COMPARE TO Buffalo, NY
CITY, STATE Henrietta, NY	AVERAGE SALARY RANGE $190,099 - $241,307	COMPARE TO Buffalo, NY
CITY, STATE Rochester, NY	AVERAGE SALARY RANGE $190,099 - $241,307	COMPARE TO Buffalo, NY
CITY, STATE Erie, PA	AVERAGE SALARY RANGE $176,494 - $224,037	COMPARE TO Buffalo, NY
CITY, STATE Syracuse, NY	AVERAGE SALARY RANGE $193,336 - $245,415	COMPARE TO Buffalo, NY

See salaries for Head of Operational Risk in locations close to Buffalo, NY. 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 Buffalo, New York

Buffalo is the second largest city in the U.S. state of New York and the largest city in Western New York. As of July 2016[update], the population was 256,902. The city is the county seat of Erie County and a major gateway for commerce and travel across the Canada–United States border, forming part of the bi-national Buffalo Niagara Region. The Buffalo area was inhabited before the 17th century by the Native American Iroquois tribe and later by French settlers. The city grew significantly in the 19th and 20th centuries as a result of immigration, the construction of the Erie Canal and rail tra...

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

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