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Operational Risk Analyst Jobs in Utah (NOW HIRING)

Operational Risk Oversight * Identify, quantify, and monitor operational risks across safety ... Experience with risk analytics or insurance management systems. WHAT WE OFFER * Award-winning ...

Securities Lending Operations Analyst Pay Rate:$23:00/hr Location: Salt Lake City, UT Duration: 6 ... operational risk. This role requires close collaboration with Business, Trading, Engineering ...

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Operational Risk Analyst information

See Utah salary details

$35.5K

$78.1K

$141.1K

How much do operational risk analyst jobs pay per year?

As of Jul 8, 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 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 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:
Infographic showing various Operational Risk Analyst job openings in Utah as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 83% Full Time, 9% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $78,146 per year, or $37.6 per hour.
Risk Director

Risk Director

OMC

Salt Lake City, UT

Full-time

Medical, Dental, Vision, Life, Retirement

Posted 2 days ago


Job description

ABOUT US 
At Okland, we exist to create remarkable experiences — not just through the projects we deliver, but in the way we show up for our clients, partners, and each other every day. We believe that how we build is just as important as what we build, and our purpose is rooted in people. Whether it's a trusted partner we’ve worked with for decades or a new team member stepping onto their first jobsite, we approach every relationship with care, clarity, and commitment. 
 
We’re a commercial general contractor and construction management company with more than 1,200 team members and a track record of delivering some of the most complex and high-profile projects in the country — from semiconductor and healthcare facilities to professional sports venues and high-end hospitality. 
 
Founded in 1918 in Salt Lake City, we’ve grown steadily for over a century — now with offices in Utah, Arizona, and Idaho — and we’re entering one of the most exciting chapters in our company’s history. We’re building more than projects. We’re building careers, capabilities, and momentum for the future. And we’re looking for passionate, driven people who want to be part of it. 
 
ABOUT THIS OPPORTUNITY 
If you’re a strategic, detail-oriented risk professional who thrives on balancing financial insight with operational awareness, this role is for you. As Risk Director, you’ll lead the enterprise-wide risk management program — from insurance strategy and claims oversight to safety alignment and contract risk allocation. You’ll be a trusted advisor to Finance, Legal, and Operations, helping Okland proactively identify, mitigate, and manage risks across all areas of the business. This is a high-impact role for someone who loves building structure, shaping policy, and driving results that protect both people and performance. 
 
 
YOUR DAY-TO-DAY 
Financial Risk Management 
  • Lead procurement and administration of corporate and project-specific insurance programs (GL, Builder’s Risk, Professional Liability, Umbrella/Excess, Cyber, and OCIP/CCIP). 
  • Collaborate with Finance and Legal to ensure proper risk transfer, coverage adequacy, and contractual compliance. 
  • Oversee subcontractor and vendor Certificate of Insurance (COI) compliance and manage OCIP/CCIP enrollment. 
  • Serve as the company’s primary liaison with brokers, insurers, and third-party administrators. 
  • Evaluate and improve risk allocation across contracts to align with business objectives. 
 
Claims and Incident Management 
  • Track and manage all insurance claims (general liability, builders risk, property, auto, and workers’ compensation). 
  • Coordinate with adjusters, brokers, and insurers to ensure efficient resolution. 
  • Partner with field teams on incident documentation and claim preparation. 
  • Escalate high-value or disputed claims in partnership with Legal. 
 
Operational Risk Oversight 
  • Identify, quantify, and monitor operational risks across safety, project delivery, subcontractor performance, and financial exposure. 
  • Develop a “lessons learned” program to apply insights from claims and incidents to field operations. 
  • Partner with Safety and Operations to implement data-driven risk reduction initiatives. 
  • Lead enterprise-level emergency preparedness, business continuity, and crisis response efforts. 
 
Leadership and Strategy 
  • Establish KPIs and reporting dashboards to monitor risk trends and communicate insights to leadership. 
  • Promote a proactive, risk-aware culture through education, communication, and cross-functional collaboration. 
  • Partner with leaders to integrate risk strategy into business planning and decision-making. 
 
 
YOU’RE READY FOR THIS ROLE IF YOU HAVE 
  • A bachelor’s degree in Risk Management, Business, Construction Management, Finance, or a related field. 
  • 10+ years of progressive risk management experience within the construction or real estate development industry. 
  • Deep knowledge of insurance programs relevant to large-scale commercial construction. 
  • Proven ability to manage complex, cross-functional initiatives. 
  • Familiarity with safety regulations, claims management, and risk control practices. 
  • Professional designations such as ARM, CPCU, or CRIS. 
  • Experience implementing or managing OCIP/CCIP programs. 
  • Knowledge of construction contracts (AIA, ConsensusDocs). 
  • Experience with risk analytics or insurance management systems. 
 
 
WHAT WE OFFER 
  • Award-winning culture – consistently recognized by Best Places to Work in Arizona, Utah, and Idaho. 
  • Competitive pay – weekly paychecks, salary, bonus incentives, 401(k) with employer match. 
  • Holistic benefits – Medical, Dental, Vision, Life & Disability Insurance; paid parental leave, financial literacy resources, and an Employee Assistance Program with legal and mental health support. 
  • Perks – tenure awards including pro sports tickets, fitness memberships, travel vouchers, and paid work anniversary sabbaticals. 
  • Award-winning work – our projects are consistently honored with recognitions from AIA, ENR, AGC, and more. 
 
 
PHYSICAL ENVIRONMENT 
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 
 
While performing the duties of this job, the employee is regularly required to sit, talk, and/or hear. The employee is frequently required to use hands to finger, handle or feel. The employee is occasionally required to reach with hands and arms, climb, balance, stoop, kneel, crouch, and/or crawl. The employee must occasionally lift and/or move up to 20 pounds. Specific vision abilities include close vision and color vision. The employee may also be required to inspect project sites and be exposed to ongoing construction and varying weather conditions. The noise level in the work environment may range from moderate to loud. 
 
EEO STATEMENT 
Okland is an equal opportunity employer and considers all applicants for employment based on merit, competence, performance, and business needs. We do not discriminate on the basis of any status protected under federal, state, or local law. Applicants will be considered regardless of their race, color, sex, gender identity or expression, age, religion, creed, national origin, citizenship status, sexual orientation, genetic information, physical or mental disability, military status, or any other characteristic protected under federal, state, or local law. In addition to complying with all applicable laws, Okland also has a strong corporate commitment to inclusion. 
 
VISA AND SPONSORSHIP 
Must be currently legally authorized to work in the U.S. without sponsorship for employment visa status (e.g., H1B Status, O-1, CPT, OPT, etc.). Unless specifically stated in this job posting, we are unable to sponsor or take over sponsorship of an employment visa at this time. 

OMC logo

About OMC

Sourced by ZipRecruiter

Industry

Investment management and consulting services

Company size

11 - 50 Employees

Headquarters location

Beverly Hills, CA, US

Year founded

2008