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Operational Risk Analyst Jobs in Maryland (NOW HIRING)

Mondo

Compliance & Risk Analyst

Owings Mills, MD · On-site

$30 - $34/hr

Our client is seeking a Compliance & Risk Analyst to support technology audit, compliance, and operational risk initiatives within its technology organization. This individual will partner with ...

EagleBank

Operational Risk Manager

Bethesda, MD · On-site

$114K - $192K/yr

As an individual contributor, this role will lead all aspects of the governance of the operational risk management program and provide senior management with data driven reporting, analytics and ...

EagleBank

Operational Risk Manager

Bethesda, MD · Hybrid

$114K - $192K/yr

As an individual contributor, this role will lead all aspects of the governance of the operational risk management program and provide senior management with data driven reporting, analytics and ...

Crisis24

Senior Business Risk Analyst

Annapolis, MD · On-site

The ideal candidate is a seasoned analyst with deep expertise in both corporate risk and financial ... Assess corporate risk across geopolitical, economic, financial, operational, regulatory ...

EagleBank

US-MD-Bethesda

Bethesda, MD · Hybrid

$114K - $192K/yr

As an individual contributor, this role will lead all aspects of the governance of the operational risk management program and provide senior management with data driven reporting, analytics and ...

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All JobsOperational Risk Analyst JobsOperational Risk Analyst Jobs in Maryland

Operational Risk Analyst information

See Maryland salary details

$37.9K

$83.3K

$150.4K

How much do operational risk analyst jobs pay per year?

As of Jul 22, 2026, the average yearly pay for operational risk analyst in Maryland is $83,311.00, according to ZipRecruiter salary data. Most workers in this role earn between $63,600.00 and $101,400.00 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 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 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 popular job titles related to Operational Risk Analyst jobs in Maryland? For Operational Risk Analyst jobs in Maryland, the most frequently searched job titles are:
What job categories do people searching Operational Risk Analyst jobs in Maryland look for? The top searched job categories for Operational Risk Analyst jobs in Maryland are:
What are popular job titles related to Operational Risk Analyst jobs in MD? For Operational Risk Analyst jobs in MD, the most frequently searched job titles are:
Operational Risk Analyst jobs near you
Infographic showing various Operational Risk Analyst job openings in Maryland as of July 2026, with employment types broken down into 95% Full Time, and 5% Contract. Highlights an 89% In-person, and 11% Hybrid job distribution, with an average salary of $83,311 per year, or $40.1 per hour.
Compliance & Risk Analyst

Compliance & Risk Analyst

Mondo

Owings Mills, MD • On-site

$30 - $34/hr

Contractor

Medical, Dental, Vision, Retirement

Posted 21 days ago

Job description

Apply now: Compliance & Risk Analyst (Audit & Controls), location is Owings Mills, MD. The start date is ASAP for this 6-month contract position.

Job Title: Compliance & Risk Analyst (Audit & Controls)Location-Type: Hybrid (Owings Mills, MD – 2 Days Onsite Per Week)Start Date Is: ASAPDuration: 6-Month Contract (Potential Extension)Compensation Range: $30/hr - $34/hr W2Benefits: Eligible for Health, Dental, Vision, 401KMust be authorized to work in the U.S. This position is not eligible for sponsorship.

Job Description:Our client is seeking a Compliance & Risk Analyst to support technology audit, compliance, and operational risk initiatives within its technology organization. This individual will partner with technology, risk, and business teams to execute control reviews, support audit activities, assess operational risks, and ensure compliance with technology policies and regulatory requirements. The ideal candidate has experience in technology audit, operational controls, and risk management within a financial services environment.

Day-to-Day Responsibilities:• Triage and facilitate audit deliverables and client due diligence requests.• Support audit programs, technology controls, operational risk activities, and compliance initiatives.• Execute control reviews, including lookback analysis and termination authentication reviews.• Analyze data to identify risks, validate control effectiveness, and recommend improvements.• Manage work queues, requests, and workflow activities using ServiceNow.• Gather technology control evidence for internal and external audits.• Coordinate with technology and risk management teams to track, document, and remediate control gaps.• Monitor compliance with technology policies, standards, and regulatory requirements.• Participate in risk assessments and technology control testing.• Support implementation of new controls and governance processes as technologies and regulations evolve.• Prepare documentation and materials for audit reviews and stakeholder meetings.• Identify opportunities for process improvements and operational efficiencies.• Collaborate with cross-functional teams to strengthen the organization's control environment.

Minimum Requirements:• 2–3 years of experience in compliance, risk, audit, operational controls, or technology governance.• Experience supporting audit and control functions within a technology organization.• Knowledge of access management, change management, and operational controls.• Strong analytical skills with the ability to interpret data, identify risks, and validate control effectiveness.• Experience using ServiceNow for queue, workflow, or request management.• Financial services industry experience.• Experience gathering audit evidence and supporting compliance initiatives.• Strong critical thinking and problem-solving skills.• Excellent written and verbal communication skills.• Ability to work independently while collaborating across cross-functional teams.• Highly organized, detail-oriented, and proactive.

Preferred Qualifications:• Experience with Snowflake.• Experience with MyAccess or similar access governance tools.• Experience supporting regulatory audits.• Experience implementing technology controls or governance processes.• Exposure to technology risk management frameworks.• Experience working within enterprise technology organizations.

Preferred Certifications:• Certified Information Systems Auditor (CISA)• Certified in Risk and Information Systems Control (CRISC)• Certified Internal Auditor (CIA)• Certified Information Security Manager (CISM)