1

Operational Risk Analyst Jobs in Maryland (NOW HIRING)

IRC Analyst

Westminster, MD ยท On-site

$70K - $110K/yr

Overview Horizon Farm Credit is seeking an IRC Analyst to join our Risk team. Two positions ... Manage engagement operations, ensuring quality work is completed on time and within budget. * Scope ...

IRC Analyst

Bel Air, MD ยท Hybrid

$70K - $110K/yr

Overview Horizon Farm Credit is seeking two IRC Analyst to join our Risk team. Two positions ... Manage engagement operations, ensuring quality work is completed on time and within budget. * Scope ...

IRC Analyst

Westminster, MD ยท Hybrid

$70K - $110K/yr

Overview Horizon Farm Credit is seeking an IRC Analyst to join our Risk team. Two positions ... Manage engagement operations, ensuring quality work is completed on time and within budget. * Scope ...

Senior Analyst, ORM

Baltimore, MD ยท Hybrid

$80K - $95K/yr

Job Family Operational Risk About Us At Transamerica, hard work, innovative thinking, and personal ... Carry out action plan status reporting and monitoring, and assist with root cause analysis ...

It's ideal for someone who excels in hands-on analysis and is passionate about improving how a SOC ... risk, enable better detections, and elevate our overall security posture. What "Driving Operations ...

It's ideal for someone who excels in hands-on analysis and is passionate about improving how a SOC ... risk, enable better detections, and elevate our overall security posture. What "Driving Operations ...

It's ideal for someone who excels in hands-on analysis and is passionate about improving how a SOC ... risk, enable better detections, and elevate our overall security posture. What "Driving Operations ...

It's ideal for someone who excels in hands-on analysis and is passionate about improving how a SOC ... risk, enable better detections, and elevate our overall security posture. What "Driving Operations ...

It's ideal for someone who excels in hands-on analysis and is passionate about improving how a SOC ... risk, enable better detections, and elevate our overall security posture. What "Driving Operations ...

It's ideal for someone who excels in hands-on analysis and is passionate about improving how a SOC ... risk, enable better detections, and elevate our overall security posture. What "Driving Operations ...

next page

Showing results 1-20

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 23, 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:
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.
IRC Analyst

IRC Analyst

Horizon Farm Credit

Westminster, MD โ€ข On-site

$70K - $110K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 6 days ago


Job description


Are you looking for a professional opportunity that blends analytical problem-solving, risk management, and meaningful impact in a collaborative team environment?
Overview
Horizon Farm Credit is seeking an IRC Analyst to join our Risk team. Two positions available, qualified candidate may work in any available Horizon Farm Credit branch location. To view locations, click here Locations | Horizon Farm Credit. This position is eligible for hybrid work schedule after 6 months of successful employment. Our ideal candidate is a detail-oriented, analytical professional with strong critical-thinking skills and a passion for strengthening internal controls and risk management practices.
In this role, you will conduct internal control reviews, evaluate the design and effectiveness of business process controls, and provide meaningful, well-supported recommendations that strengthen risk mitigation across the organization. The IRC Analyst works independently with general direction and may coach or support less-tenured team members.
Areas of Responsibility Include:
  • Verify compliance with internal control policies and procedures by examining records, reports, operating practices, and documentation.
  • Support audits and examinations conducted by Internal Audit and external partners (e.g., External Auditor, AgFirst, or FCA).
  • Evaluate design and operating effectiveness of internal controls and assess potential fraud risk during reviews.
  • Prepare risk assessments and generate risk and control matrices (RACM); update GRC systems with risks and controls.
  • Develop and execute detailed test procedures using strong critical-thinking skills.
  • Analyze transactions, documentation, and reporting to assess adequacy and process effectiveness.
  • Prepare timely review findings, documentation, and formal reports, including recommendations for remediation.
  • Prepare exception trackers and verify the status of remediation efforts.
  • Manage engagement operations, ensuring quality work is completed on time and within budget.
  • Scope, plan, and document audit engagements.
  • Seek opportunities to gain exposure to diverse situations and build strong, quality relationships across the organization.

Education & Experience
  • Bachelor's degree in Accounting, Finance, Management Information Systems, or Business Administration. Professional certifications such as CIA, CPA, or CISA preferred.
  • Generally, three to five years of risk management experience preferred.

Preferred Skills
  • Advanced understanding of business processes, financial reporting, and IT risks, processes, and controls.
  • Knowledge of Corporate Governance, SOX requirements, and leading frameworks such as COSO and CoBIT.
  • Strong ability to research regulations, summarize requirements, and identify compliance gaps.
  • Proficiency with Microsoft Office Suite and working knowledge of SharePoint.
  • Ability to analyze industry trends and apply relevant tools appropriately.
  • Strong written and verbal communication skills and ability to produce high-quality deliverables.
  • Adaptable, flexible, and able to work in a dynamic environment.
  • Ability to travel to branch offices, AgFirst, and other facilities as needed.
  • Regular, predictable, and reliable attendance required.

Who are we?
Horizon Farm Credit is an expert in agriculture, with over 100 years of serving rural America. As a premier rural lender, we're constantly growing and seeking new members for our team. As part of Horizon Farm Credit, you have the opportunity to make a meaningful impact on agriculture and rural communities.
What can we offer you?
We offer competitive compensation and benefits packages for full-time employees including:
  • Medical insurance with dental and vision care options
  • 401(k) with significant employer matching
  • Paid time off, holidays, and volunteer time
  • Tuition reimbursement and training opportunities
  • Student loan reimbursement
  • Leadership and career development opportunities
  • Paid maternity and bonding leave
  • Fun, inclusive, and supportive work environment

Salary Range: $70,000 - $110,000, depending on previous experience. Opportunity to earn additional incentive.
Equal Opportunity Employer, including veterans and individuals with disabilities.