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Operational Risk Analyst Jobs in Michigan (NOW HIRING)

Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology ... Successful candidates will demonstrate an aptitude for complex problem-solving and analytical ...

... risk and threat assessment/analysis. * Experience with security operations, analytical decision making and report writing. * College degree in business, criminal justice, information technology ...

... Vehicle Operations (CVO) program by managing policy violation reviews, claims processes, and risk-related reporting. You will oversee the Review Board process, analyze driver record data, and ...

... and risk and threat assessment/analysis. • Experience with security operations, analytical decision making and report writing. • College degree in business, criminal justice, information ...

... FX risk analysis, and FX hedging activities for the North America Region. This role partners ... for operational and strategic needs. * Prepare short- and medium-term cash flow forecasts by ...

Risk Management Specialist

Flint, MI · On-site

$35.60 - $39.47/hr

Review and analyze policies to ensure compliance with regulations. Prepares comprehensive reports ... operations and activities. Monitors and ensures compliance with insurance requirements and risk ...

... FX risk analysis, and FX hedging activities for the North America Region. This role partners ... for operational and strategic needs. * Prepare short- and medium-term cash flow forecasts by ...

Manage the risk profile for transit and maritime operations, ensuring appropriate coverage for Hull ... Financial and analytical skills * Knowledge and experience in primary insurance placement

Do you thrive on analyzing, monitoring, and mitigating risk across an organization? Members First ... business operations, and decision-making processes. * Monitors the overall risk profile of the ...

Residential Operations Leader

Portage, MI · On-site

$210K - $240K/yr

Treats homeowner experience as a key operational metric. Data-Driven Decision Making: Uses analytics and leading indicators to anticipate risk, optimize costs, and improve outcomes. Cross-Functional ...

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Showing results 1-20

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 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 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 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.
Financial Risk Manager

Financial Risk Manager

Deloitte

Detroit, MI

Other

Posted 9 days ago


Deloitte rating

8.1

Company rating: 8.1 out of 10

Based on 86 frontline employees who took The Breakroom Quiz

59th of 138 rated financial services


Job description

Financial Services Manager - Financial Risk

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Recruiting for this role ends on 5/31/2026

Work You'll Do

 As a Manager, you will have opportunities to:

  • Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology risks as well as risk mitigation strategies for our clients
  • Understand the impact of key technology trends and workforce changes impacting our clients through engagement with innovative and emergent technologies, including cloud computing, big data and analytics, process automation, artificial intelligence / machine learning, and other digital strategies
  • Manage the development of client deliverables or for internal business needs
  • Serve on workstreams for complex projects, liaise with client counterparts, and actively participate in discussions on project management and work delivery needs
  • Manage project teams in providing recommendations to improve or transform processes to gain efficiencies or scale or reduce risk for our clients
  • Manage internal business development initiatives and sales opportunities, including the creation of external-facing industry perspectives, lead generation materials, or sales proposals
  • Produce quality work products independently and collectively with team members throughout development lifecycle from initial conception to implementation
  • Engage with industry participants on market trends, competitive activities, and topic-specific discussions impacting the industry, potentially including with clients, industry consortiums, or trade groups or committees

The Team

Our Regulatory & Financial Risk offering supports clients' regulatory and compliance needs, balancing risk and regulatory requirements with enhancing business value and optimizing outcomes. We deliver enhanced value through strategic transformation, end-to-end implementation, and a focus on business-as-usual sustainability across processes, controls, and data & analytic infrastructures.

Qualifications

Candidates will have exceptional records of professional achievement, experience working in a relevant financial services industry sector, and a demonstrated capacity and enthusiasm for self-paced development. Candidates will be expected to motivate others, build constructive relationships with clients and colleagues, and work both independently and as part of a team. Successful candidates will demonstrate an aptitude for complex problem-solving and analytical skills and the ability to communicate complex ideas clearly and persuasively across a variety of strategic, operational, technological, and risk management matters.

Required Qualifications

  • Bachelor's degree in Finance, Economics, Business, Statistics, Mathematics, or related field
  • 7+ years of experience in the financial services or consulting industry, supporting one or more of financial risk/related areas: Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing
  • Knowledge of financial services business models, products, and services
  • Experience in banking, digital assets, or capital markets is desirable
  • Strong relationship management skills, particularly the ability to build constructive and productive working relationships with clients and among Deloitte practitioners
  • Experience with business transformation, regulatory remediation or change management initiatives as a result of strategic, regulatory, risk-related, technological, or operational evolutions
  • Understanding of business processes, regulatory requirements, technology and governance for financial institutions
  • Strong project / program management skills, particularly possessing a strong work ethic, a commitment to excellence in work product delivery, and the ability to independently manage multiple priorities and deadlines
  • Strong oral and written communication skills, including the ability to lead business proposal development and sales presentations
  • Ability to travel up to 50%, based on the work you do and the clients and industries/sectors you serve
  • Limited immigration sponsorship may be available

Preferred Qualifications

  • Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP).
  • Expertise in one or more Financial Risk domains:
    • Credit Risk: Underwriting and portfolio credit risk across products (e.g., PD/LGD/EAD modeling support, credit policy/scorecards, risk rating systems, credit review/QA, allowance/CECL support, concentration/limit monitoring, early warning & remediation).
    • Liquidity Risk: Treasury liquidity risk management and reporting (e.g., liquidity stress testing (LST), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), FR 2052a, contingency funding plans, intraday liquidity, collateral & cash management, asset-liability management (ALM)).
    • Market Risk: Market and interest rate risk management practices (e.g., interest rate risk in the banking book (IRRBB) measurement, sensitivities/scenario analysis, model validation support, limit frameworks, capital markets product exposure understanding, controls and governance).
    • Capital Management / Stress Testing: Capital planning and enterprise stress testing execution (e.g., scenario design support, model methodology governance, results aggregation, capital actions analysis, documentation and control testing, linkage to balance sheet and risk appetite, climate stress testing considerations).
  • Strong understanding of end-to-end banking products/operations (deposits, cards, lending, underwriting; credit products and servicing).
  • Subject matter expertise in one or more financial services areas (Retail, Commercial, Transaction, Wholesale, Cards & Payments, Wealth/Investment Mgmt, Capital Markets, Real Estate, FinTech/PE).
  • Prior experience in risk management role or at a U.S. banking regulator.
  • Familiarity with key regulatory initiatives and supervisory ecosystem (e.g., Dodd-Frank; FRB/Fed, OCC, CFTC), plus strong grasp of associated models, data, processes, and controls.
  • Hands-on ability to analyze/model data using common languages/tools (Python, R, SAS, SQL).
  • Experience supporting or implementing systems (trading, operations, lending, core banking, compliance, risk/case management, or data management)
  • Familiarity with topics such as process design or mapping, workflow development, data management or migration, or analytics/visualization
  • Experience with user acceptance testing, system configuration, monitoring, or issue resolution
  • Ability to translate risk or regulatory requirements into actionable user stories or business needs
  • Advanced proficiency in Microsoft Office (PowerPoint, Excel, Visio)

Information for applicants with a need for accommodation: https://www2.deloitte.com/us/en/pages/careers/articles/join-deloitte-assistance-for-disabled-applicants.html

The wage range for this role takes into account the wide range of factors that are considered in making compensation decisions including but not limited to skill sets; experience and training; licensure and certifications; and other business and organizational needs. The disclosed range estimate has not been adjusted for the applicable geographic differential associated with the location at which the position may be filled. At Deloitte, it is not typical for an individual to be hired at or near the top of the range for their role and compensation decisions are dependent on the facts and circumstances of each case. A reasonable estimate of the current range is $144200 to $265600

Qualifications:

Financial Services Manager - Financial Risk

Our Deloitte Regulatory, Risk & Forensic team helps client leaders translate multifaceted risk and an evolving regulatory environment into defensible actions that strengthen, protect, and transform their organizations. Join our team and use advanced data, AI, and emerging technologies with industry insights to help clients bring clarity from complexity and accelerate their path to value creation.

Recruiting for this role ends on 5/31/2026

Work You'll Do

 As a Manager, you will have opportunities to:

  • Learn how to identify, evaluate, and prioritize business, operational, regulatory, and technology risks as well as risk mitigation strategies for our clients
  • Understand the impact of key technology trends and workforce changes impacting our clients through engagement with innovative and emergent technologies, including cloud computing, big data and analytics, process automation, artificial intelligence / machine learning, and other digital strategies
  • Manage the development of client deliverables or for internal business needs
  • Serve on workstreams for complex projects, liaise with client counterparts, and actively participate in discussions on project management and work delivery needs
  • Manage project teams in providing recommendations to improve or transform processes to gain efficiencies or scale or reduce risk for our clients
  • Manage internal business development initiatives and sales opportunities, including the creation of external-facing industry perspectives, lead generation materials, or sales proposals
  • Produce quality work products independently and collectively with team members throughout development lifecycle from initial conception to implementation
  • Engage with industry participants on market trends, competitive activities, and topic-specific discussions impacting the industry, potentially including with clients, industry consortiums, or trade groups or committees

The Team

Our Regulatory & Financial Risk offering supports clients' regulatory and compliance needs, balancing risk and regulatory requirements with enhancing business value and optimizing outcomes. We deliver enhanced value through strategic transformation, end-to-end implementation, and a focus on business-as-usual sustainability across processes, controls, and data & analytic infrastructures.

Qualifications

Candidates will have exceptional records of professional achievement, experience working in a relevant financial services industry sector, and a demonstrated capacity and enthusiasm for self-paced development. Candidates will be expected to motivate others, build constructive relationships with clients and colleagues, and work both independently and as part of a team. Successful candidates will demonstrate an aptitude for complex problem-solving and analytical skills and the ability to communicate complex ideas clearly and persuasively across a variety of strategic, operational, technological, and risk management matters.

Required Qualifications

  • Bachelor's degree in Finance, Economics, Business, Statistics, Mathematics, or related field
  • 7+ years of experience in the financial services or consulting industry, supporting one or more of financial risk/related areas: Credit Risk, Liquidity Risk, Market Risk, Capital Management/Stress Testing
  • Knowledge of financial services business models, products, and services
  • Experience in banking, digital assets, or capital markets is desirable
  • Strong relationship management skills, particularly the ability to build constructive and productive working relationships with clients and among Deloitte practitioners
  • Experience with business transformation, regulatory remediation or change management initiatives as a result of strategic, regulatory, risk-related, technological, or operational evolutions
  • Understanding of business processes, regulatory requirements, technology and governance for financial institutions
  • Strong project / program management skills, particularly possessing a strong work ethic, a commitment to excellence in work product delivery, and the ability to independently manage multiple priorities and deadlines
  • Strong oral and written communication skills, including the ability to lead business proposal development and sales presentations
  • Ability to travel up to 50%, based on the work you do and the clients and industries/sectors you serve
  • Limited immigration sponsorship may be available

Preferred Qualifications

  • Advanced degree and/or certification (e.g., Quant MS, MBA, FRM, CFA, CRCM, CPA, PMP).
  • Expertise in one or more Financial Risk domains:
    • Credit Risk: Underwriting and portfolio credit risk across products (e.g., PD/LGD/EAD modeling support, credit policy/scorecards, risk rating systems, credit review/QA, allowance/CECL support, concentration/limit monitoring, early warning & remediation).
    • Liquidity Risk: Treasury liquidity risk management and reporting (e.g., liquidity stress testing (LST), Liquidity Coverage Ratio (LCR), Net Stable Funding Ratio (NSFR), FR 2052a, contingency funding plans, intraday liquidity, collateral & cash management, asset-liability management (ALM)).
    • Market Risk: Market and interest rate risk management practices (e.g., interest rate risk in the banking book (IRRBB) measurement, sensitivities/scenario analysis, model validation support, limit frameworks, capital markets product exposure understanding, controls and governance).
    • Capital Management / Stress Testing: Capital planning and enterprise stress testing execution (e.g., scenario design support, model methodology governance, results aggregation, capital actions analysis, documentation and control testing, linkage to balance sheet and risk appetite, climate stress testing considerations).
  • Strong understanding of end-to-end banking products/operations (deposits, cards, lending, underwriting; credit products and servicing).
  • Subject matter expertise in one or more financial services areas (Retail, Commercial, Transaction, Wholesale, Cards & Payments, Wealth/Investment Mgmt, Capital Markets, Real Estate, FinTech/PE).
  • Prior experience in risk management role or at a U.S. banking regulator.
  • Familiarity with key regulatory initiatives and supervisory ecosystem (e.g., Dodd-Frank; FRB/Fed, OCC, CFTC), plus strong grasp of associated models, data, p...

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