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Operational Risk Analyst Jobs in Indiana (NOW HIRING)

Elwood Staffing

Risk Operations Analyst

Columbus, IN · On-site

Provide training on different Risk Operations functions.* Complete and fulfill DOT verification ... learn new software quicklyStrong analytical, organizational and creative problem-solving ...

Quontic Bank

Account Risk Analyst II

Fishers, IN · On-site

$80 - $100/hr

Account Risk Analyst II * Type: Full Time * Experience: 3 Years * Function: Account Analysis ... Perform process analysis to identify changes in regulations, operational processes, or systems and ...

FIRST INTERNET BANK

Account Risk Analyst II

Fishers, IN · On-site

As the Account Risk Analyst II you will be responsible for reviewing data utilizing a broad range ... You will also perform process analysis to identify changes in regulations, operational processes ...

Circle

... operational, and compliance risk. * Ability to build and define Enterprise Risk Management ... Proficiency in data analyses using SQL * Partner with leaders effectively employing clear and ...

Circle

... operational, and compliance risk. * Ability to build and define Enterprise Risk Management ... Proficiency in data analyses using SQL * Partner with leaders effectively employing clear and ...

Circle

... operational, and compliance risk. * Ability to build and define Enterprise Risk Management ... Proficiency in data analyses using SQL * Partner with leaders effectively employing clear and ...

Circle

... operational, and compliance risk. * Ability to build and define Enterprise Risk Management ... Proficiency in data analyses using SQL * Partner with leaders effectively employing clear and ...

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All JobsOperational Risk Analyst JobsOperational Risk Analyst Jobs in Indiana

Operational Risk Analyst information

See Indiana salary details

$37.1K

$81.7K

$147.5K

How much do operational risk analyst jobs pay per year?

As of Sep 8, 2026, the average yearly pay for operational risk analyst in Indiana is $81,682.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,300.00 and $99,400.00 per year, depending on experience, location, and employer.

What does an operational risk analyst do?

An Operational Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact a company's day-to-day business operations. They analyze processes, policies, and systems to detect potential operational failures or weaknesses. Their role often includes developing risk management strategies, monitoring risk indicators, and helping to ensure compliance with regulatory standards. They also work closely with other departments to implement best practices and improve overall risk awareness.

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.

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 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 Indiana?

The most popular types of Operational Risk Analyst jobs in Indiana are:

What are popular job titles related to Operational Risk Analyst jobs in Indiana?

For Operational Risk Analyst jobs in Indiana, the most frequently searched job titles are:

What job categories do people searching Operational Risk Analyst jobs in Indiana look for?

The top searched job categories for Operational Risk Analyst jobs in Indiana are:

What are popular job titles related to Operational Risk Analyst jobs in IN?

For Operational Risk Analyst jobs in IN, the most frequently searched job titles are:

Operational Risk Analyst jobs near you
Infographic showing various Operational Risk Analyst job openings in Indiana as of September 2026, with employment types broken down into 1% Internship, 79% Full Time, 19% Part Time, and 1% Contract. Highlights an 92% Physical, 3% Hybrid, and 5% Remote job distribution, with an average salary of $81,682 per year, or $39.3 per hour.

Risk Operations Analyst

Elwood Staffing

Columbus, IN • On-site

Full-time

Medical, Dental, Vision, Life

Posted 13 days ago

Key responsibilities

  • Review background check requests against client criminal hiring criteria and notify branch staff of outcomes.

  • Support offices with background check and drug screen inquiries, and assist in managing drug test results.

  • Handle incoming calls, update reports and spreadsheets, and create pre-adverse and adverse action letters related to risk operations.

Job description

When you join the Elwood family, you become part of team that fosters a culture of integrity, winning and achieving results, providing superior customer service, and helping others. We help people find jobs and help employers find the people they need to be successful. You can leave the office each day knowing that you made a difference in your community. Our success comes from the success of our associates and customers. Come experience the Elwood way and make a difference with us!Elwood Staffing is also a performance and results-driven culture for the hard-working, passionate, and highly motivated. You can expect a career that provides a constant variety of challenges along with progressive training and professional development to meet those challenges. Come work for a growing company that serves more than 6,000 businesses and puts more than 28,000 people to work daily.#powerthepurpleGeneral Purpose:To help protect and enhance the assets of the Company and stakeholders by performing a variety of risk management functions in accordance with company policy and government regulations.Essential Functions:Field Support:• Review background check requests against client criminal hiring criteria and notify branch staff of outcome in accordance with established procedures.• Support our offices in requests and questions related to both background checks and drug screen inquiries. • Assist Director of Risk Operations in managing drug test results for the field.• Provide training on different Risk Operations functions.• Complete and fulfill DOT verification requests in a timely manner.Departmental Support:• Handle in-coming phone calls to main Risk Operations line, answering routine questions and referring calls as needed.• Update a variety of Risk Operations reports and excel spreadsheets as assigned.• Create and send Pre-adverse and adverse action letters as needed for some background check vendors.• Provide clerical support and other administrative assistance to department staff.• Complete other duties as assigned by supervisor in a timely and accurate manner.• Capable of working effectively in a busy atmosphere requiring a constant ability to multi-taskDesired Skills & Experience:Previous experience and/or education that includes staffing, customer service, business administration, human resources, and/or human servicesFast and accurate data entry skillsIntermediate level of expertise in Microsoft Excel and WordAbility to learn new software quicklyStrong analytical, organizational and creative problem-solving skillsStrong oral and written communication skillsWhat Elwood Staffing can offer you:Health, Dental and Vision planPrescription drug planLife and Supplemental Life InsuranceShort and Long - Term Disability401K Plan with company contributionTelemedicine - TeledocEmployee Assistance ProgramAccess to Benefit AdvocatesDiscount tickets, travel, and shopping-Working AdvantageDell computer discountEnterprise Rental Car discountChairman's ClubAnniversary awards programTuition reimbursementCertified Staffing Professional training and certification$500 bonus paid for completion of approved Professional Certification$500 Recruitment Incentive for Internal CareersBereavement LeavePaid Time Off & Paid HolidaysProgressive training and developmentOpportunities for advancement throughout our companyJoin our growing team today and discover why Elwood is one of the best to work for in the staffing industry!Find out more about us at www.elwoodstaffing.com.We are an Equal Opportunity Employer.