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Operational Risk Analyst Jobs in Alabama (NOW HIRING)

Visually inspects operations and interviews client representatives to determine underlying risk ... May be asked to research, analyze and evaluate favorability of select industries or classes of ...

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Visually inspects operations and interviews client representatives to determine underlying risk ... May be asked to research, analyze and evaluate favorability of select industries or classes of ...

New

Support the design, enhancement, and ongoing operation of the Enterprise Risk Management (ERM ... Strong analytical skills with the ability to interpret complex information and communicate it ...

... and operational risk management activities for a complex aviation environment. This role is ... identification, analysis, and mitigation of risks identified for program level and functional ...

... and operational risk management activities for a complex aviation environment. This role is ... identification, analysis, and mitigation of risks identified for program level and functional ...

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Operational Risk Analyst information

See Alabama salary details

$35.3K

$77.8K

$140.5K

How much do operational risk analyst jobs pay per year?

As of Jun 18, 2026, the average yearly pay for operational risk analyst in Alabama is $77,804.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,400.00 and $94,700.00 per year, depending on experience, location, and employer.

What are some common challenges faced by Operational Risk Analysts, and how can these be effectively managed?

Operational Risk Analysts often face challenges such as identifying emerging risks, effectively communicating findings to stakeholders, and ensuring compliance with evolving regulations. Managing these challenges involves staying up-to-date with industry best practices, developing strong analytical and communication skills, and collaborating closely with other departments like compliance, IT, and internal audit. Building robust risk assessment frameworks and fostering a culture of transparency within the organization are also key to success in this role.

What does an operational risk analyst do?

An operational risk analyst assesses and monitors risks arising from internal processes, systems, people, or external events that could disrupt business operations. They analyze data, develop risk mitigation strategies, and use tools like risk management software to ensure organizational resilience and compliance. Strong analytical skills and knowledge of industry regulations are essential for this role.

What are the 4 pillars of operational risk management?

The four pillars of operational risk management are risk identification, risk assessment, risk mitigation, and risk monitoring. Operational risk analysts focus on these areas to develop strategies that minimize potential losses from internal processes, people, systems, or external events. Mastery of these pillars is essential for effective risk management in organizations.

What are the key skills and qualifications needed to thrive as an Operational Risk Analyst, and why are they important?

To thrive as an Operational Risk Analyst, you need a solid background in risk management, data analysis, and business processes, typically supported by a degree in finance, business, or a related field. Familiarity with risk assessment tools, governance frameworks, and systems like GRC (Governance, Risk, and Compliance) platforms or Excel is commonly required, and certifications such as FRM or CRM are advantageous. Strong analytical thinking, attention to detail, and effective communication skills help you identify risks and collaborate with stakeholders across the organization. These skills ensure accurate risk identification and mitigation, safeguarding the organization's assets and reputation.

How much do operational risk analysts make?

Operational risk analysts typically earn a median annual salary of around $70,000 to $100,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications like FRM or ORM can earn higher salaries and bonuses. The role often requires strong analytical skills and knowledge of risk management tools.

What is a risk operations analyst?

A risk operations analyst is a professional responsible for identifying, assessing, and monitoring operational risks within an organization. They analyze data, develop risk mitigation strategies, and often use tools like risk management software to ensure business processes are compliant and secure.

What is the difference between Operational Risk Analyst vs Credit Risk Analyst?

AspectOperational Risk AnalystCredit Risk Analyst
Required CredentialsBachelor's degree in finance, risk management, or related field; certifications like FRM or CRMBachelor's degree in finance, economics, or related; certifications like CFA or FRM
Work EnvironmentFinancial institutions, banks, insurance companies; focus on internal processesBanking, lending institutions; focus on borrower creditworthiness
Employer & Industry UsageUsed across banking, insurance, and investment firms for risk mitigationPrimarily in banking and lending sectors for credit assessment
Common Search & Comparison IntentUnderstanding risk management roles within financial firmsAssessing credit risk and loan approval processes

Operational Risk Analysts focus on internal processes and operational hazards within financial institutions, while Credit Risk Analysts evaluate the creditworthiness of borrowers. Both roles require similar credentials and are vital in risk management but serve different aspects of financial risk assessment.

What are the most commonly searched types of Operational Risk Analyst jobs in Alabama? The most popular types of Operational Risk Analyst jobs in Alabama are:
What are popular job titles related to Operational Risk Analyst jobs in Alabama? For Operational Risk Analyst jobs in Alabama, the most frequently searched job titles are:
What job categories do people searching Operational Risk Analyst jobs in Alabama look for? The top searched job categories for Operational Risk Analyst jobs in Alabama are:
What are popular job titles related to Operational Risk Analyst jobs in AL? For Operational Risk Analyst jobs in AL, the most frequently searched job titles are:
Infographic showing various Operational Risk Analyst job openings in Alabama as of June 2026, with employment types broken down into 73% Full Time, 21% Part Time, and 6% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $77,804 per year, or $37.4 per hour.
Consumer Services Operational Risk Analyst

Consumer Services Operational Risk Analyst

Regions Financial Corporation

Birmingham, AL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 24 days ago


Regions Bank rating

8.0

Company rating: 8.0 out of 10

Based on 153 frontline employees who took The Breakroom Quiz

53rd of 141 rated banks


Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Business Unit Operational Risk Analyst works within a given line of business to help ensure the line of business operations are conducted in compliance with regulatory and legal requirements and per the organization's policy. The analyst works as part of the first line of defense team and alongside the first line, second line and enterprise support units to ensure the effective execution of the Operational Risk Framework across the assigned business line.
Primary Responsibilities
  • Conducts compliance reviews and provides analysis of business units and processes
  • Maintains documentation and reports to management regarding compliance and potential issues
  • Provides requested information to management for reporting to agencies regarding Sarbanes Oxley, Bank Secrecy Act/Anti-Money Laundering and Office of Foreign Assets Control compliance
  • Provides analysis of the execution of our operational risk management framework, including: risk and control self-assessments, new initiative risk assessments, operational risk/loss events, scenario analysis, emerging risk identification, and front line risk assessments
  • Analyzes compliance processes and reports to management, comparing current process with identified process and policy
  • Assists in the review of contracts, agreements and statements of work

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
  • Bachelor's degree in a related field and three (3) years' experience in finance, risk or operations, with experience in the specific business line operations
  • Or High School Diploma or GED and seven (7) years' experience in finance, risk or operations, with experience in the specific business line operations

Skills and Competencies
  • Attention to detail
  • Excellent analytical and management reporting skills
  • Excellent communications skills
  • Organizational and time management skills

Additional Job Description
The Business Unit Operational Risk Analyst is responsible for overseeing, supporting, and enhancing Enterprise Governance, Risk, and Compliance (GRC) standards-specifically within the Archer platform-across the Consumer Bank. This role ensures compliance with internal policies, regulatory requirements, and established operational expectations. The analyst partners closely with business and risk stakeholders to support the execution and continuous improvement of data analytics and reporting capabilities, enabling effective identification, evaluation, monitoring, and mitigation of risks associated with the Consumer Banking business.
  • Preferred skills for GRC / Archer, Power BI, and AI / Automation

This position may be filled at a higher level depending on the candidate's qualifications and relevant experience.
This position is intended to be onsite, and located in Birmingham, AL. Associates will have regular work hours, including full days in the office three or more days a week. The manager will set the work schedule for this position, including in-office expectations. Regions will not provide relocation assistance for this position, and relocation would be at your expense.
Regions will not sponsor applicants for work visas for this position at this time. Applicants for this position must currently be authorized to work in the United States on a full-time basis.
Position Type
Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
Median:
Incentive Pay Plans:
This job is not incentive eligible.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
  • Paid Vacation/Sick Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details
Regions Center
Location:
Birmingham, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

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