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Operational Risk Analyst Jobs in Michigan (NOW HIRING)

Champion Homes

Legal Risk Analyst

Troy, MI · On-site

Position Summary The Risk Analyst supports the company's enterprise risk management, insurance, and ... Coordinate with operations and safety teams to ensure accurate documentation and timely reporting ...

Champion Home Builders

Legal Risk Analyst

Troy, MI

Position Summary The Risk Analyst supports the company's enterprise risk management, insurance, and ... Coordinate with operations and safety teams to ensure accurate documentation and timely reporting ...

Champion Homes

Legal Risk Analyst

Troy, MI · On-site

Position Summary The Risk Analyst supports the company's enterprise risk management, insurance, and ... Coordinate with operations and safety teams to ensure accurate documentation and timely reporting ...

Citizens

Third Party Risk Analyst

Southfield, MI

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

Citizens

Third Party Risk Analyst

Southfield, MI

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

Niemann Foods

NFI Operations Risk Manager

Lanse, MI · On-site

$60K - $90K/yr

Proven experience building, improving, or auditing retail operational processes * Strong analytical ... Experience leading operational risk assessments * Technology-forward mindset with experience ...

Niemann Foods

NFI Operations Risk Manager

Lanse, MI · On-site

$60K - $90K/yr

Proven experience building, improving, or auditing retail operational processes * Strong analytical ... Experience leading operational risk assessments * Technology-forward mindset with experience ...

Huntington

Segment Risk Specialist Sr

Detroit, MI · On-site +1

$57K - $113K/yr

Description The Senior Risk Analyst is responsible for identifying, assessing, and mitigating credit, fraud, and operational risks across the merchant services portfolio. This role provides expert ...

Huntington

Segment Risk Specialist Sr

Detroit, MI · On-site +1

$57K - $113K/yr

Description The Senior Risk Analyst is responsible for identifying, assessing, and mitigating credit, fraud, and operational risks across the merchant services portfolio. This role provides expert ...

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See Michigan salary details

$34K

$74.8K

$135.1K

How much do operational risk analyst jobs pay per year?

As of May 29, 2026, the average yearly pay for operational risk analyst in Michigan is $74,817.00, according to ZipRecruiter salary data. Most workers in this role earn between $57,100.00 and $91,100.00 per year, depending on experience, location, and employer.

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 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 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 Michigan? The most popular types of Operational Risk Analyst jobs in Michigan are:
What are popular job titles related to Operational Risk Analyst jobs in Michigan? For Operational Risk Analyst jobs in Michigan, the most frequently searched job titles are:
What job categories do people searching Operational Risk Analyst jobs in Michigan look for? The top searched job categories for Operational Risk Analyst jobs in Michigan are:
What are popular job titles related to Operational Risk Analyst jobs in MI? For Operational Risk Analyst jobs in MI, the most frequently searched job titles are:
Operational Risk Analyst jobs near you
Infographic showing various Operational Risk Analyst job openings in Michigan as of May 2026, with employment types broken down into 2% As Needed, 78% Full Time, 15% Part Time, 2% Temporary, and 3% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $74,817 per year, or $36 per hour.

Legal Risk Analyst

Champion Homes

Troy, MI • On-site

Full-time

Posted 28 days ago

Job description

Position Summary
The Risk Analyst supports the company's enterprise risk management, insurance, and compliance activities while developing knowledge and experience in legal and regulatory matters related to risk. This role is designed for a detail-oriented professional who is eager to build a broad foundation in risk analysis, insurance programs, claims management, and legal processes including contracts, litigation support, and regulatory compliance. Over time, the Risk Analyst will take on increased responsibility for analytical, administrative, and legal-support work and serve as a key liaison between Finance, Operations, Human Resources, and Legal.
Risk Management & Insurance Responsibilities
  • Assist in the identification, assessment, and monitoring of operational, financial, and strategic risks across the organization
  • Support the development and maintenance of enterprise risk management tools, reports, and dashboards
  • Assist with the administration of corporate insurance programs, including property, general liability, workers' compensation, auto, cyber, D&O, EPLI, crime, and fiduciary lines
  • Help collect, analyze, and prepare insurance exposure data, loss runs, and underwriting submissions
  • Support insurance renewals by coordinating data requests with brokers, insurers, and internal stakeholders
  • Assist in tracking insurance policies, endorsements, certificates, and compliance requirements
  • Support the negotiation, documentation, and resolution of insurance claims under the guidance of senior risk or legal staff
  • Maintain vendor insurance compliance and certificate of insurance records
  • Monitor trends in claims, losses, and emerging risks and prepare summary reports for management
Legal & Compliance Development Responsibilities
(This role will learn and gradually assume legal-support responsibilities)
  • Assist with the review and administration of contracts, focusing on insurance, indemnification, and risk transfer language
  • Partner with Legal and Risk leadership to help evaluate contractual risk and recommend mitigation strategies
  • Support litigation and claim-related matters by organizing documentation and working with outside counsel, insurers, and third-party administrators
  • Track regulatory and compliance requirements related to risk, insurance, safety, and employment practices
  • Assist with responses to subpoenas, audits, and regulatory inquiries as directed
  • Help maintain contract, claims, and legal matter tracking systems
  • Learn legal concepts related to liability, insurance coverage, workers' compensation, employment practices, and regulatory compliance
Safety, Incident, and Compliance Support
  • Assist with incident reporting, claim intake, and follow-up documentation
  • Support basic safety and environmental compliance tracking and reporting
  • Help compile data for audits, inspections, and internal reviews
  • Coordinate with operations and safety teams to ensure accurate documentation and timely reporting
Qualifications
  • Bachelor's degree in Risk Management, Business, Finance, Legal Studies, Insurance, Safety, or a related field
  • 1-3 years of experience in risk management, insurance, compliance, legal support, or a related analytical role preferred
  • Strong interest in learning legal and regulatory aspects of risk management
  • Basic understanding of insurance concepts, contracts, or compliance highly desirable
  • Strong analytical, organizational, and documentation skills
  • Ability to handle confidential and sensitive information with professionalism
  • Proficient in Microsoft Office (Excel, Word, Outlook); experience with contract or risk management systems a plus
Key Competencies
  • Analytical mindset with strong attention to detail
  • Willingness to learn legal, regulatory, and technical concepts
  • Strong written and verbal communication skills
  • Ability to manage multiple priorities and deadlines
  • Collaborative approach and comfort working cross-functionally
Growth & Development
This position is intentionally structured to provide hands-on exposure to risk management, insurance, and legal functions, with opportunities for increased responsibility, training, and career progression into senior risk or legal-adjacent roles.
EEO Statement
Champion Home Builders is proud to be an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, pregnancy, disability, age, veteran status, or other legally protected characteristics. Champion Home Builders participates in the E-Verify Program.

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