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Operational Risk Analyst Jobs in Michigan (NOW HIRING)

... analytical thinking to enhance operational risk management - Building relationships through active listening and communication skills Travel Requirements Up to 20% Job Posting End Date The salary ...

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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 9, 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:
Infographic showing various Operational Risk Analyst job openings in Michigan as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 84% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $74,817 per year, or $36 per hour.
Senior Manager, Internal Investigations

Senior Manager, Internal Investigations

Pwc

Grand Rapids, MI • On-site

$91K - $321K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 12 days ago


PwC rating

8.3

Company rating: 8.3 out of 10

Based on 75 frontline employees who took The Breakroom Quiz

21st of 58 rated business consultants


Job description

Industry/Sector

Not Applicable

Specialism

IFS - Risk & Quality (R&Q)

Management Level

Senior Manager

Job Description & Summary

The Opportunity
As a Senior Manager, Internal Investigations, you will play a pivotal role in maintaining regulatory compliance and managing risks for clients, providing advice and solutions within our Internal Firm Services practice. You will be responsible for developing and implementing policies and procedures to facilitate compliance with legal and regulatory requirements, helping organizations navigate complex regulatory landscapes and enhance their internal controls to mitigate risks effectively.
As a Senior Manager, you will leverage your skills and network to deliver quality results. You will motivate and coach others, coming together to solve complex problems. With increased autonomy, you will apply sound judgment, recognizing when to take action and when to escalate. Your ability to develop and sustain high-performing, diverse, and inclusive teams, and your commitment to excellence, contributes to the success of our firm.
In this role, you will craft and convey clear, impactful messages that tell a holistic story. You will apply systems thinking to identify underlying problems and opportunities, validate outcomes with stakeholders, and act on feedback. Your leadership will guide the team through complexity, demonstrating composure through ambiguous and challenging situations.
Responsibilities
- Leading internal investigations to uphold ethical standards and compliance within the organization
- Developing and implementing policies and procedures to facilitate adherence to legal and regulatory requirements
- Applying analytical thinking to identify underlying problems and opportunities in risk management
- Crafting and conveying clear, impactful messages that tell a holistic story to stakeholders
- Directing teams through complex situations, demonstrating composure and strategic questioning
- Validating outcomes with stakeholders and acting on feedback to improve processes
- Initiating open and honest coaching conversations to motivate and develop high-performing teams
- Modeling and reinforcing professional and technical standards, including the Firm's code of conduct and independence requirements
- Collaborating on compliance program implementation and oversight to mitigate operational risks
- Utilizing skills in accounting practices and regulatory guidelines to enhance compliance awareness and training
What You Must Have
- At least a High School Diploma or the equivalent degree
- At least 6 years of experience
What Sets You Apart
- Demonstrating advanced skills in compliance program implementation
- Excelling in investigative decision-making and risk analysis
- Utilizing strategic questioning to drive business ethics initiatives
- Leading compliance training and awareness programs effectively
- Developing policies and guidelines for corporate compliance
- Applying analytical thinking to enhance operational risk management
- Building relationships through active listening and communication skills

Travel Requirements

Up to 20%

Job Posting End Date

The salary range for this position is: $91,000 - $321,500. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. All hired individuals are eligible for an annual discretionary bonus. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceAs PwC is anequal opportunity employer, all qualified applicants will receive consideration for employment at PwC without regard to race; color; religion; national origin; sex (including pregnancy, sexual orientation, and gender identity); age; disability; genetic information (including family medical history); veteran, marital, or citizenship status; or, any other status protected by law.PwC does not intend to hire experienced or entry level job seekers who will need, now or in the future, PwC sponsorship through the H-1B lottery, except as set forth within the following policy: https://pwc.to/H-1B-Lottery-Policy.Learn more about how we work: https://pwc.to/how-we-workFor only those qualified applicants that are impacted by the Los Angeles County Fair Chance Ordinance for Employers, the Los Angeles' Fair Chance Initiative for Hiring Ordinance, the San Francisco Fair Chance Ordinance, San Diego County Fair Chance Ordinance, and the California Fair Chance Act, where applicable, arrest or conviction records will be considered for Employment in accordance with these laws. At PwC, we recognize that conviction records may have a direct, adverse, and negative relationship to responsibilities such as accessing sensitive company or customer information, handling proprietary assets, or collaborating closely with team members. We evaluate these factors thoughtfully to establish a secure and trusted workplace for all.Applications will be accepted until the position is filled or the posting is removed, unless otherwise set forth on the following webpage. Please visit this link for information about anticipated application deadlines: https://pwc.to/us-application-deadlines

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