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Operational Risk Analyst Jobs in Utah (NOW HIRING)

UnitedHealth Group

Risk Analyst

Draper, UT · On-site

$60.20K - $107.40K/yr

... operational stability. The department develops and implements the risk framework, policies ... analyzing financial data and GAAP financial statement * 2+ years of experience with Microsoft ...

New

UnitedHealth Group

Risk Analyst

Draper, UT · Hybrid

$60.20K - $107.40K/yr

... operational stability. The department develops and implements the risk framework, policies ... and analyzing financial data and GAAP financial statement * 2 years of experience with Microsoft ...

New

MW Partner

Third Party Risk Management Analyst

Lehi, UT · On-site

... operations * Seek opportunities to improve knowledge, skills, and performance by reviewing ... Familiarity with third party risk management lifecycle Business Insight and Analysis: * Familiarity ...

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$35.5K

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$141.1K

How much do operational risk analyst jobs pay per year?

As of May 29, 2026, the average yearly pay for operational risk analyst in Utah is $78,146.00, according to ZipRecruiter salary data. Most workers in this role earn between $59,600.00 and $95,100.00 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 Utah? The most popular types of Operational Risk Analyst jobs in Utah are:
What are popular job titles related to Operational Risk Analyst jobs in Utah? For Operational Risk Analyst jobs in Utah, the most frequently searched job titles are:
What job categories do people searching Operational Risk Analyst jobs in Utah look for? The top searched job categories for Operational Risk Analyst jobs in Utah are:
What are popular job titles related to Operational Risk Analyst jobs in UT? For Operational Risk Analyst jobs in UT, the most frequently searched job titles are:
Operational Risk Analyst jobs near you
Risk Analyst

Risk Analyst

UnitedHealth Group

Draper, UT • On-site

$60.20K - $107.40K/yr

Full-time

Retirement

Posted 2 days ago

UnitedHealthcare rating

7.8

Company rating: 7.8 out of 10

Based on 651 frontline employees who took The Breakroom Quiz

101st of 864 rated healthcare providers

Job description

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.
Supporting 2nd Line of Defense Credit Risk Management
The Risk Management function is dedicated to safeguarding the bank's assets and ensuring operational stability. The department develops and implements the risk framework, policies, standards, and procedures aligned with the bank's strategic goals. The Risk Review team independently assesses the effectiveness of the bank's processes and policies, recommending and implementing best practices to mitigate current and upcoming risks.
You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week.
Primary Responsibilities:
  • Analyzes and investigates
  • Provides explanations and interpretations within area of expertise

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.
Required Qualifications:
  • Undergraduate degree or equivalent experience
  • Bachelor's degree in accounting, finance, or business/economics related field
  • 2+ years of credit risk management or underwriting experience, with a background in commercial and/or consumer lending
  • 2+ years of experience in reading, interpreting, and analyzing financial data and GAAP financial statement
  • 2+ years of experience with Microsoft Office PowerPoint (creating and executing presentations), and Excel (Financial Spreading, Pivot Tables, VLOOKUP, Advanced Formulas, Formatting, etc.)
  • Reside in or willing to relocate to the Draper UT / Salt Lake City UT Regional Area - this position is onsite at the office location in Draper, UT
  • Willing/able to work Monday - Friday at the office location in Draper, UT

Preferred Qualifications:
  • Ability to manage ambiguity
  • Ability to be comfortable in building processes, flexible - change agent
  • Solid Excel PPP PowerBI/SQL coding experience
  • Financial/risk lending experience

*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy.
Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $60,200 to $107,400 annually based on full-time employment. We comply with all minimum wage laws as applicable.
At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.
UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.
UnitedHealth Group is a drug - free workplace. Candidates are required to pass a drug test before beginning employment.

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