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Associate Risk Management Jobs in Memphis, TN (NOW HIRING)

Supports ongoing operational risk management activities in accordance with internal standards ... At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver ...

... risk management, internal controls, and the First Horizon code of ethics, while ensuring all associates on the team complete required training. * Implement effective risk management practices to ...

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Associate Risk Management information

See Memphis, TN salary details

$44.4K

$97K

$162.4K

How much do associate risk management jobs pay per year?

As of Jun 21, 2026, the average yearly pay for associate risk management in Memphis, TN is $96,987.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,500.00 and $126,000.00 per year, depending on experience, location, and employer.

Is risk management high paying?

Risk management professionals, including those in associate roles, often earn competitive salaries that vary by industry, location, and experience. Entry-level positions typically have lower pay, but with experience and certifications like FRM or CRM, salaries can increase significantly, making risk management a potentially lucrative career path.

What are the key skills and qualifications needed to thrive in the Associate Risk Management position, and why are they important?

To thrive as an Associate Risk Management professional, you typically need a bachelor's degree in business, finance, or a related field, strong analytical abilities, and attention to detail. Familiarity with risk assessment software, data analysis tools like Excel, and industry certifications such as FRM (Financial Risk Manager) are common technical requirements. Excellent communication, problem-solving, and teamwork skills help you effectively collaborate and present risk findings. These skills ensure accurate risk evaluation, effective mitigation strategies, and support sound decision-making within the organization.

What is an associate in risk management?

An associate in risk management is an entry-level or junior professional responsible for assisting in identifying, assessing, and mitigating risks within an organization. They often support risk analysis, data collection, and reporting, and may work under the supervision of senior risk managers. Relevant skills include knowledge of risk assessment tools and certifications like the Associate in Risk Management (ARM) designation.

What is the salary of risk management associate in EY?

The salary for a Risk Management Associate at EY typically ranges from $60,000 to $80,000 annually, depending on experience, location, and education. Entry-level positions may start lower, while experienced professionals or those in high-cost areas can earn higher compensation. Benefits often include professional development opportunities and exposure to risk assessment tools.

What is a risk management associate job description?

A risk management associate analyzes and identifies potential risks that could affect an organization’s assets, operations, or reputation. They develop strategies to mitigate or manage these risks, often using data analysis, risk assessment tools, and industry standards. The role typically requires strong analytical skills, attention to detail, and knowledge of risk management frameworks or certifications.

What does an Associate Risk Management professional do?

An Associate Risk Management professional helps identify, assess, and mitigate potential risks that could impact an organization's financial, operational, or strategic objectives. They analyze data, monitor risk exposure, and assist in developing risk management strategies. Their role often involves collaborating with different departments to ensure compliance with policies and regulations. Additionally, they may prepare reports and provide recommendations to improve risk management practices.

What are some typical challenges faced by an Associate Risk Management professional, and how do they contribute to the team?

An Associate Risk Management professional often encounters challenges such as analyzing complex data from multiple sources, keeping up with evolving regulations, and effectively communicating potential risks to various stakeholders. You will regularly collaborate with colleagues in legal, compliance, and business units to ensure that risks are identified and addressed proactively. These challenges foster a culture of continuous learning and improvement, allowing you to play a key role in minimizing potential losses and enhancing the organization's overall stability. Overcoming these obstacles helps you develop critical thinking and adaptability, which are highly valued for future career growth in the field.

What are the most commonly searched types of Risk Management jobs in Memphis, TN? The most popular types of Risk Management jobs in Memphis, TN are:
What job categories do people searching Associate Risk Management jobs in Memphis, TN look for? The top searched job categories for Associate Risk Management jobs in Memphis, TN are:
What cities near Memphis, TN are hiring for Associate Risk Management jobs? Cities near Memphis, TN with the most Associate Risk Management job openings:
Infographic showing various Associate Risk Management job openings in Memphis, TN as of June 2026, with employment types broken down into 85% Full Time, and 15% Part Time. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $96,987 per year, or $46.6 per hour.

Operational Risk Analyst II

Raymondjames

Memphis, TN • Hybrid

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 22 days ago


Job description

Job Description Summary

Job Description

Under general supervision, uses knowledge and skills obtained through education and experience to support operational risk management activities of moderate scope and complexity. Assists in identifying, assessing, and documenting operational risks within assigned business processes. Partners with colleagues and business process owners to evaluate control environments and recommend improvements to strengthen internal controls and mitigation strategies. Guidance is provided for complex assignments requiring analysis, judgment, and problemsolving. Maintains routine contact with internal stakeholders to research issues, resolve questions, and support risk management objectives.

Essential Duties and Responsibilities

  • Supports ongoing operational risk management activities in accordance with internal standards, policies, and applicable regulatory requirements.

  • Assists in identifying, reviewing, assessing, and documenting operational risks and control issues within assigned business processes.

  • Performs data collection and analysis to identify trends, deviations, and emerging risks.

  • Monitors risk metrics and assists in assessing whether risks fall within established risk appetite.

  • Identifies instances of noncompliance with internal policies, procedures, and regulatory requirements and escalates issues as appropriate.

  • Prepares moderately complex documentation, reports, and summaries related to risk assessments and control effectiveness.

  • Develops and maintains an understanding of assigned business areas, products, and supporting functions.

  • Responds to internal inquiries related to risk management processes and policies, escalating issues requiring interpretation when necessary.

  • Builds and maintains key relationships with stakeholders demonstrating a culture of engagement and assistance.

  • Supports riskrelated projects focused on the development, analysis, and monitoring of control metrics to assess control effectiveness and inform risk management decisions.

  • Performs other duties and responsibilities as assigned.

Knowledge of

  • Fundamental concepts, practices, and procedures of risk management.

  • Internal controls and mitigation strategies.

  • Fundamental concepts of financial markets and products.

Skill in

  • Strong interpersonal skills for interfacing with all levels of management.

  • Strong analytical skills, particularly with regard to assessing the probability and impact of an internal control weakness.

  • Preparing clear, concise written reports and documentation.

  • Enthusiastic, self-motivated, effective under pressure.

  • Proven ability to manage time and deliver against deadlines.

Ability to

  • Maintain attention to detail while understanding broader business impacts.

  • Gather information, identify linkages and trends and apply findings to assignments.

  • Interpret and apply policies and identify and recommend changes as appropriate.

  • Organize, manage and track multiple detailed tasks and assignments within budgeted hours.

  • Identify, assess, prioritize, and manage operational and projectrelated risks.

  • Work independently, demonstrating initiative and problem-solving skills.

  • Establish and maintain effective working relationships at all levels of the organization.

Licenses/Certifications

  • None Required

Travel Required:

  • No

Education

Bachelor's: Accounting, High School (HS) (Required)

Work Experience

General Experience - 7 to 12 months

Certifications

Securities Industry Essentials Exam (SIE) - Financial Industry Regulatory Authority (FINRA)

Travel

Less than 25%

Workstyle

Hybrid

The total compensation for this position includes base salary or wages, and may include components such as additional compensation (cash or equity), discretionary bonuses, or commissions. This position is eligible for a benefits package that may include medical, dental, and vision; life insurance; critical illness insurance and accident insurance; disability benefits; retirement savings; paid time off (including vacation, holidays, and sick leave); and parental leave. Eligibility for benefits and specific offerings may vary based on position and employment status. To view more details of the benefits offered, visit Myrjbenefits.com.

At Raymond James our associates use five guiding behaviors (Develop, Collaborate, Decide, Deliver, Improve) to deliver on the firm's core values of client-first, integrity, independence and a conservative, long-term view.
We expect our associates at all levels to:
Grow professionally and inspire others to do the same
Work with and through others to achieve desired outcomes
Make prompt, pragmatic choices and act with the client in mind
Take ownership and hold themselves and others accountable for delivering results that matter
Contribute to the continuous evolution of the firm

At Raymond James - as part of our people-first culture, we honor, value, and respect the uniqueness, experiences, and backgrounds of all of our Associates. When associates bring their best authentic selves, our organization, clients, and communities thrive. The Company is an equal opportunity employer and makes all employment decisions on the basis of merit and business needs.