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Operational Risk Analyst Jobs in New Jersey (NOW HIRING)

ADP is hiring a Compliance Risk Analyst ADP has developed and maintains a global network of third ... operational domains. o Evaluating payroll providers' governance structures and risk management ...

Risk Management The Senior Group Risk Analyst provides a broad range of research, analysis ... Impacts a high level of complexity in operational/reporting/process and/or analysis function ...

Senior Financial Risk Analyst

Edison, NJ ยท On-site

$111K - $130K/yr

... risk models, forecasting key balance sheet items and providing deep dive analysis into financial ... You are the perfect mix of analytical, technical, operational, and creative. You are a clear ...

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Operational Risk Analyst information

See New Jersey salary details

$39.6K

$87.1K

$157.4K

How much do operational risk analyst jobs pay per year?

As of Aug 8, 2026, the average yearly pay for operational risk analyst in New Jersey is $87,147.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,500.00 and $106,100.00 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 New Jersey? The most popular types of Operational Risk Analyst jobs in New Jersey are:
What are popular job titles related to Operational Risk Analyst jobs in New Jersey? For Operational Risk Analyst jobs in New Jersey, the most frequently searched job titles are:
What job categories do people searching Operational Risk Analyst jobs in New Jersey look for? The top searched job categories for Operational Risk Analyst jobs in New Jersey are:
What are popular job titles related to Operational Risk Analyst jobs in NJ? For Operational Risk Analyst jobs in NJ, the most frequently searched job titles are:
Infographic showing various Operational Risk Analyst job openings in New Jersey as of August 2026, with employment types broken down into 2% Internship, 88% Full Time, 2% Part Time, and 8% Contract. Highlights an 80% In-person, 14% Hybrid, and 6% Remote job distribution, with an average salary of $87,147 per year, or $41.9 per hour.

Market & Credit Risk Analyst Lead

South Jersey Industries, Inc.

Folsom, NJ โ€ข On-site

$97K - $156K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 22 days ago


Job description

About Us
South Jersey Industries (SJI) is an energy holding company that delivers clean energy services to 700,000+ customers and businesses throughout 14 counties in New Jersey. As part of our core values, SJI is dedicated to being a community partner and developing innovative clean energy solutions to meet the needs of the future. To do this, we depend on our workforce of over 1,100+ talented, diverse employees who help us deliver safe, reliable, affordable clean energy for a better today and tomorrow.
At SJI, we believe that our employees are our most valuable asset. Whether you're a seasoned operations technician or an early-career legal professional, our culture, inclusive workforce, and leadership development and training programs will provide you with the tools you need to either kickstart your career or bring it to new heights.
Position Summary
The Credit & Market Risk Analyst is responsible for analyzing and managing credit and market risk exposures, with primary focus on credit risk and a secondary focus on market risk. The role evaluates counterparty creditworthiness, monitors exposure concentrations, and supports market risk analytics including sensitivity, stress testing, and scenario analysis. Additionally, the Credit & Market Risk Analyst develops insights through data analysis, enhances risk measurement tools, and contributes to risk frameworks that inform decision-making, protect financial performance, and support regulatory and governance standards.
Essential Duties:
  • Serves as subject matter expert for credit risk across complex or high-impact portfolios.
  • Oversees evaluation of credit exposures, including concentration risk and enterprise-level implications.
  • Defines and refines credit risk frameworks, methodologies, and risk appetite alignment.
  • Sets and validates credit strategies, limits, and governance standards. โ€ข Leads market risk analytics including advanced scenario design, stress frameworks, and interpretation.
  • Provides strategic insight into how market and credit risk interact and impact enterprise performance.
  • Directs development of risk tools, models, and analytics to improve measurement and forecasting.
  • Establishes and enhances data, reporting, and automation capabilities across risk functions.
  • Challenges and evolve existing assumptions, methodologies, and risk quantification approaches.
  • Influences cross-functional stakeholders and support senior leadership decision-making.
  • Provides technical oversight and guidance to analysts across levels.
  • Performs other duties as assigned.

Required Skills:
  • Expert-level understanding of credit and market risk methodologies and frameworks.
  • Demonstrated ability to design and implement risk models and analytics.
  • Strong leadership, stakeholder influence, and decision-support capabilities
  • Ability to operate with high autonomy and shape risk strategy and governance

Preferred Skills:
  • Experience utilizing Endur software.

Qualifications
  • Bachelor's degree in Finance, Economics, Accounting, or related field; advanced degree or professional certification strongly preferred with 8 or more years of progressive experience in credit risk and/or market risk
  • Master's degree and 6 years of relevant experience
  • Equivalent experience may be considered in lieu of degree.
  • Candidates with varying levels of experience will be considered and may be aligned to an appropriate level based on qualifications.

Explore the Possibilities
South Jersey Industries employs a diverse range of talent - from construction contractors to environmental specialists. Regardless of the position, mentoring and networking, hands-on experience, gaining industry knowledge and the opportunity to make a meaningful impact on our business and in our communities are all exciting ways that we welcome our employees at SJI. And as a company committed to creating an engaging culture built on inclusion and diversity, you're sure to find an opportunity that makes you feel included, empowered, and ready to "bring your whole self to work" every day.
Benefits Package Overview
SJI offers a competitive and comprehensive benefits package to eligible employees.
The SJI "Total Rewards" Benefits Package include:
  • Flexible vacation, Paid Time Off, and Sick Leave package
  • Comprehensive Health, Dental, and Vision Insurance
  • Short-term and Long-term Disability Insurance
  • 401(k), with generous company match
  • Employee Resource Groups to encourage employee engagement, nurture professional development, and foster an inclusive environment.

Equal Opportunity/Affirmative Action Employer
At this time, SJI is only considering applicants authorized to work in the United States currently and in the future without the need for visa sponsorship.
Compensation Range:
$97,875 - 156,600
We are committed to pay transparency and ensuring equitability compensation for all employees. The pay range for this position reflects the base salary only and does not include benefits, bonuses, or other forms of compensation that might be part of the total compensation package. The specific salary offered will be based on a candidate's qualifications, education, and experience.