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Operational Risk Analyst Jobs in Michigan (NOW HIRING)

Stellantis

Operational Risk Lead

Auburn Hills, MI · On-site

The Operational Risk Lead is responsible for leading the development, implementation, and ... Utilize structured root cause analysis methodologies to identify underlying causes. * Develop ...

New

Stellantis

Operational Risk Lead

Auburn Hills, MI

The Operational Risk Lead is responsible for leading the development, implementation, and ... Utilize structured root cause analysis methodologies to identify underlying causes. * Develop ...

New

Ilitch Companies

Risk & Finance Analyst

Detroit, MI · On-site

The Risk and Finance Analyst will play a critical role in supporting the operations and financial management of two captive insurance companies. This position is responsible for comprehensive risk ...

Ilitch Companies

Risk & Finance Analyst

Detroit, MI · On-site

The Risk and Finance Analyst will play a critical role in supporting the operations and financial management of two captive insurance companies. This position is responsible for comprehensive risk ...

orsa credit union

dealer experience manager

Plymouth, MI · On-site

$82K/yr

This role drives sustainable loan origination volume while safeguarding portfolio quality through proactive risk management, compliance advocacy, and data-driven performance analysis. The dealer ...

Kanak Elite Services Inc

Sr. Business Analyst

Grand Rapids, MI · On-site

$88K - $114K/yr

The analyst will help ensure compliance with CMS guidelines, minimize operational risk, and contribute to the overall success of Risk Adjustment activities by the plan. The ideal candidate will bring ...

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Operational Risk Analyst information

See Michigan salary details

$34K

$74.8K

$135.1K

How much do operational risk analyst jobs pay per year?

As of Jul 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 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 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 July 2026, with employment types broken down into 86% Full Time, 9% Part Time, 1% Temporary, and 4% Contract. Highlights an 85% Physical, 6% Hybrid, and 9% Remote job distribution, with an average salary of $74,817 per year, or $36 per hour.

Operational Risk Lead

Stellantis

Auburn Hills, MI • On-site

Full-time

Posted yesterday

New

Stellantis rating

7.5

Company rating: 7.5 out of 10

Based on 130 frontline employees who took The Breakroom Quiz

15th of 44 rated automakers

Job description

The Operational Risk Lead is responsible for leading the development, implementation, and continuous improvement of health and safety programs related to contractor management, construction activities, and operational risk across manufacturing and corporate operations. This role supports the Corporate Health & Safety team by identifying, assessing, and mitigating risks associated with construction projects, contractor activities, equipment installations, operational changes, and routine and non-routine work processes.
The position serves as a key subject matter expert in contractor safety, construction safety, operational risk management, and Job Safety Risk Assessments (JSRAs), ensuring compliance with applicable regulations, corporate standards, and industry best practices. The role works closely with Manufacturing, Engineering, Maintenance, Facilities, Launch, Procurement, Legal, and Project Management teams to proactively integrate safety and risk controls into planning, execution, and operational readiness activities.
Key Responsibilities:
  1. Operational Risk Identification & Assessment
  • Lead the development and execution of Job Safety Risk Assessments (JSRAs) for routine and non-routine tasks.
  • Facilitate risk assessments for new equipment, construction projects, launches, process modifications, and operational changes.
  • Partner with engineering, manufacturing, maintenance, and launch teams to identify hazards and implement effective risk controls.
  • Maintain a centralized operational risk register and ensure risks are evaluated, documented, and managed appropriately.
  1. Contractor Safety & Construction Management
  • Develop, implement, and maintain corporate contractor safety and construction safety management programs.
  • Lead contractor prequalification processes, including evaluation of safety performance, certifications, and compliance history.
  • Review and approve contractor safety plans, risk assessments, permits, and safe work procedures.
  • Coordinate contractor onboarding, orientation, and site-specific safety training.
  • Establish contractor performance monitoring processes and ensure compliance with corporate requirements.
  1. Construction Site Oversight & Field Support
  • Conduct regular site inspections, audits, and field verifications for contractor activities and construction projects.
  • Support project managers, site supervisors, and business leaders in identifying and mitigating workplace hazards.
  • Monitor contractor compliance with regulatory requirements, corporate standards, and project safety expectations.
  • Participate in project planning and execution meetings to ensure safety considerations are incorporated throughout the project lifecycle.
  1. Incident Investigation & Corrective Action Management
  • Lead or support investigations of significant incidents, injuries, near misses, contractor events, and high-potential exposures.
  • Utilize structured root cause analysis methodologies to identify underlying causes.
  • Develop, track, and verify completion of corrective and preventive actions.
  • Ensure lessons learned are communicated and incorporated into future risk management activities.
  1. Risk Management Program Development
  • Develop and implement operational risk management frameworks, tools, procedures, and governance processes.
  • Integrate risk management principles into safety programs, audits, contractor management systems, and continuous improvement initiatives.
  • Support implementation of corporate standards related to Serious Injury and Fatality (SIF) prevention, hazard recognition, and risk reduction.
  1. Compliance & Regulatory Management
  • Ensure compliance with applicable Federal, State, Provincial, and Local regulations, including OSHA, EPA, OHSA, WSIB, ISO 45001, and other relevant standards.
  • Monitor legislative and regulatory changes and recommend program updates as needed.
  • Ensure required documentation, permits, records, and reporting obligations are completed accurately and maintained appropriately.
  1. Collaboration & Stakeholder Engagement
  • Collaborate with Manufacturing, Engineering, Maintenance, Launch, Facilities, Procurement, Legal, and Corporate Health & Safety teams.
  • Support project reviews, operational readiness activities, equipment installations, facility modifications, and launch initiatives.
  • Partner with plant leadership to embed risk management and contractor safety principles into daily operations.
  • Provide technical guidance and support to business units on safety and risk management matters.
  1. Training, Communication & Safety Culture
  • Develop and deliver training programs on contractor safety, operational risk management, construction safety, and JSRA processes.
  • Conduct safety meetings, toolbox talks, and awareness campaigns for employees and contractors.
  • Promote a proactive safety culture through engagement initiatives, leadership coaching, and risk awareness programs.
  • Support organizational efforts to improve hazard recognition and risk-based decision making.
  1. Data Analysis, Reporting & Continuous Improvement
  • Analyze incident data, audit findings, contractor performance metrics, risk indicators, and safety trends.
  • Prepare and present reports, dashboards, and risk assessments to senior leadership.
  • Identify systemic issues, emerging risks, and opportunities for process improvement.
  • Lead continuous improvement initiatives designed to strengthen contractor safety performance and operational risk management effectiveness.

Basic Qualifications:
  • Minimum of 5 years of experience in contractor safety management, construction safety, operational risk management, or industrial safety within a manufacturing or automotive environment with overall a minimum of 8 years of professional experience.
  • Bachelor's Degree in Occupational Health & Safety, Risk Management, Engineering, Environmental Science, or a related discipline

Preferred Qualifications:
  • Professional certifications such as:
    • Certified Safety Professional (CSP)
    • Canadian Registered Safety Professional (CRSP)
    • Construction Health and Safety Technician (CHST)
    • Certified Safety and Health Official (CSHO)
    • Certified Health and Safety Consultant (CHSC)
    • ISO 45001 Lead Auditor
    • Safety Auditor Certificate (SAC)
  • Experience supporting major capital projects, equipment installations, facility expansions, or manufacturing launch activities
  • Familiarity with Serious Injury and Fatality (SIF) prevention methodologies and risk-based safety management systems
  • Experience using data analytics and dashboard tools (e.g., Power BI) for safety and risk trend analysis
  • Master's Degree in Occupational Health & Safety, Risk Management, Engineering, Environmental Science, or a related discipline

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