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Operational Risk Analyst Jobs in Indiana (NOW HIRING)

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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:

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.

Quality and Operational Resilience Analyst

West Lafayette, IN • On-site

Purdue University
Colleges, Universities, and Professional Schools • 10K+ employees

$90K/yr

Full-time

Re-posted 25 days ago


Purdue University rating

7.5

Company rating: 7.5 out of 10

Based on 136 frontline employees who took The Breakroom Quiz

316th of 631 rated colleges and universities


Job description

Quality and Operational Resilience Analyst
City: West Lafayette
Job Description:
Job Summary
The Operational Resilience Analyst supports the development, implementation, and sustainment of the university's enterprise Business Continuity Planning (BCP), IT Disaster Recovery (IT DR), and ISO management system programs. This role ensures continuity plans are actionable, aligned with system recovery capabilities, and maintained as current and relevant. This execution focused position requires strong knowledge of Business Continuity Planning, IT systems, infrastructure, and recovery strategies, along with the ability to support audits, testing, and continuous improvement initiatives.
What You'll Be Doing:
  • Work within an enterprise university environment.
  • Partners with colleges, departments, Enterprise Risk, and IT teams to develop role-based continuity plans, support disaster recovery strategies, and coordinate testing activities.
  • Translate complex technical dependencies into practical recovery actions and ensures plans are effective during real-world disruptions.
  • Perform other duties and responsibilities as assigned to support the evolving needs of enterprise operational resilience, compliance, quality, risk, and continuity programs.

What We're Looking For:
Education and Experience:
  • Bachelor's Degree in risk management, business administration, information technology, or related field.
  • Four years of experience in business continuity planning, large program implementation, disaster recovery, ISO, or related technical field.

Skills Needed:
  • Strong knowledge of business continuity, disaster recovery, emergency preparedness, and operational resilience frameworks
  • Strong understanding of ISO standards and management systems across multiple domains
  • Strong program and project management skills, including coordination of complex, multi-unit initiatives
  • Experience in higher education or complex, decentralized environments
  • Proven ability to influence and align stakeholders across multiple levels and units
  • Analytical mindset with the ability to assess risk, interpret data, and drive informed decisions
  • Excellent communication, reporting, and presentation skills, with the ability to engage executive leadership
  • Ability to translate complex requirements into practical, scalable solutions
  • Strong organizational, problem-solving, and critical thinking skills
  • Self-motivated with the ability to lead both strategically and operationally

What is Helpful:
  • Experience with BCP/DR frameworks
  • Familiarity with enterprise IT systems
  • ISO internal auditor or related certification

Additional Information:
  • To learn more about Purdue's benefits summary CLICK HERE
  • Purdue will not sponsor employment authorization for this position
  • A background check will be required for employment in this position
  • FLSA: Exempt (Not Eligible for Overtime)
  • Retirement Eligibility: Defined Contribution Waiting Period

Career Stream
Professional 3
Pay Band S065
Job Code #200022087
The anticipated annual salary range for this position is $90,000/year. The final salary offer will be determined based on various factors, including internal equity, available budget, and relevant experience.
Equal Opportunity Employer
Purdue University is an equal opportunity/equal access university.

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