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Operational Risk Analyst Jobs in West Virginia (NOW HIRING)

Risk Officers are members of the Enterprise and Operational Risk Management (ERM & ORM) unit in ... Provides guidance and support in administering the GRC tool, SharePoint site, risk data analytics ...

Oversee ongoing risk monitoring and control executionacross key risk areas (including operational ... Applies structured analysis to identify issues/trends and drive timely, well-documented resolution ...

Senior SCADA Analyst

Morgantown, WV ยท On-site

$90K - $119K/yr

The Opportunity As our Senior SCADA Analyst, you will be the primary architect of reliability for ... reduce operational risk and drive production continuity. Location This role is a hybrid position ...

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Operational Risk Analyst information

See West Virginia salary details

$30.2K

$66.5K

$120K

How much do operational risk analyst jobs pay per year?

As of Jun 26, 2026, the average yearly pay for operational risk analyst in West Virginia is $66,454.00, according to ZipRecruiter salary data. Most workers in this role earn between $50,700.00 and $80,900.00 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 assesses and monitors risks arising from internal processes, systems, people, or external events that could disrupt business operations. They analyze data, develop risk mitigation strategies, and use tools like risk management software to ensure organizational resilience and compliance. Strong analytical skills and knowledge of industry regulations are essential for this role.

What are the 4 pillars of operational risk management?

The four pillars of operational risk management are risk identification, risk assessment, risk mitigation, and risk monitoring. Operational risk analysts focus on these areas to develop strategies that minimize potential losses from internal processes, people, systems, or external events. Mastery of these pillars is essential for effective risk management in organizations.

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.

How much do operational risk analysts make?

Operational risk analysts typically earn a median annual salary of around $70,000 to $100,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts with certifications like FRM or ORM can earn higher salaries and bonuses. The role often requires strong analytical skills and knowledge of risk management tools.

What is a risk operations analyst?

A risk operations analyst is a professional responsible for identifying, assessing, and monitoring operational risks within an organization. They analyze data, develop risk mitigation strategies, and often use tools like risk management software to ensure business processes are compliant and secure.

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 popular job titles related to Operational Risk Analyst jobs in West Virginia? For Operational Risk Analyst jobs in West Virginia, the most frequently searched job titles are:
What job categories do people searching Operational Risk Analyst jobs in West Virginia look for? The top searched job categories for Operational Risk Analyst jobs in West Virginia are:
What are popular job titles related to Operational Risk Analyst jobs in WV? For Operational Risk Analyst jobs in WV, the most frequently searched job titles are:
Third Party Risk Management Analyst

Third Party Risk Management Analyst

Burke & Herbert Bank & Trust

Moorefield, WV โ€ข On-site

Full-time

Posted 16 days ago


Burke & Herbert Bank rating

5.6

Company rating: 5.6 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

133rd of 142 rated banks


Job description

CLASSIFICATION: Non-exempt

REPORTS TO: Program Manager, Third Party Risk Management

JOB DESCRIPTION

Summary/Objective


Under the direction of the Program Manager, Third Party Risk Management, the Thirdโ€‘Party Vendor Risk Analyst supports the execution of the Bankโ€™s Thirdโ€‘Party Risk Management (TPRM) Program by performing dayโ€‘toโ€‘day operational, analytical, and facilitation activities. In partnership with the Program Manager, the Analyst helps strengthen and sustain effective vendor review cadence by coordinating stakeholder inputs, producing complete and traceable documentation, and preparing examโ€‘ready artifacts. This role ensures vendor risk activitiesโ€”including due diligence, ongoing monitoring, documentation, and issue trackingโ€”are executed in a timely, consistent, and examinationโ€‘defensible manner.


Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


  • Execute dayโ€‘toโ€‘day thirdโ€‘party risk management activities for new and existing vendors in accordance with the Bankโ€™s TPRM Program, with heightened focus on critical and GLBAโ€‘High risk relationships. Support initial due diligence and ongoing risk assessments by collecting, validating, and documenting required artifacts and supporting materials for higherโ€‘risk vendors to facilitate effective review, challenge, and approval by the Program Manager.


  • Maintain and manage the rolling vendor review schedule established by the Program Manager, ensuring critical and highโ€‘risk thirdโ€‘party relationships are prioritized and reviewed in accordance with established cadence and monitoring requirements. Coordinate with internal stakeholders, including Information Security, IT, Compliance, Finance, and Accounting, to obtain required risk assessment inputs and documentation necessary to support vendor reviews, providing enhanced facilitation for critical and GLBAโ€‘High risk vendors.


  • Track vendors review progress, outstanding action items, and remediation activities, maintaining visibility into reviews, documentation gaps, and issue resolution. Proactively escalate aging, overdue, or atโ€‘risk items to the Program Manager to support timely awareness, decisionโ€‘making, and risk mitigation.


  • Prepare, maintain, and organize comprehensive vendor review documentation, including executive summaries, evidence inventories, and issue tracking materials, with enhanced rigor applied to files associated with critical and GLBAโ€‘High risk vendors. Ensure that vendor risk conclusions and assigned risk ratings are clearly, consistently, and defensibly supported by documented evidence prior to Program Manager review and signโ€‘off.


  • Assist in documenting risk acceptance decisions and remediation status under the direction of the Program Manager, ensuring alignment with TPRM program standards, internal governance expectations, and applicable regulatory requirements.


  • Identify procedural gaps, workflow inefficiencies, and documentation issues encountered during thirdโ€‘party risk management execution, particularly those impacting oversight of critical and GLBAโ€‘High risk vendors. Escalate observations and improvement opportunities to the Program Manager for programโ€‘level evaluation and continuous improvement.


  • Support ad hoc projects, process enhancements, and targeted initiatives led by the Program Manager to strengthen thirdโ€‘party risk governance, operational effectiveness, and overall program maturity.


Other Duties

  • Contract and Procurement Support

Support the Program Manager by tracking vendorโ€‘related review milestones (including onboarding, renewals, and amendments). Ensure required vendor review documentation is complete, accurate, and available to support informed contractual decisions prior to execution.


  • Governance, Metrics, and Reporting Support

Compile and maintain program metrics, status reports, and supporting materials used to measure and monitor Thirdโ€‘Party Risk Management (TPRM) program performance. Assist, as directed by the Program Manager, in preparing materials for internal governance forums, audits, and regulatory examinations.


  • Audit and Examination Readiness

Support internal and external audits and regulatory examinations by organizing vendor files, maintaining evidence mappings, and assembling response documentation under Program Manager guidance. Maintain vendor records in an examโ€‘ready state to support Program Manager interactions with auditors, regulators, and risk committees.

Skills/Abilities

  • Working knowledge of third-party risk management practices and regulatory expectations within a regulated financial services environment.
  • Strong analytical skills with the ability to assess risk data, identify trends, and support informed decision-making.
  • Excellent organizational and documentation skills with high attention to detail.
  • Ability to collaborate effectively with crossโ€‘functional stakeholders while operating under Program Manager direction.
  • Strong written and verbal communication skills to support clear documentation, issue analysis, and timely escalation.
  • Proficiency with Microsoft Office (Excel, Word, PowerPoint) and risk management or workflow tracking tools.

Supervisory Responsibility

This position does not have supervisory responsibilities.


Work Environment

This job operates in an office setting, the opportunity to telework is not available. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.


Physical Demands

This position requires manual dexterity, the ability to lift files and open cabinets. This position requires bending, stooping, or standing, as necessary.


Travel

Limited local travel may be required for this position.

Education and Experience

Education

  • Requires a bachelorโ€™s degree in business, Finance, Risk Management, Information Systems, Compliance, or a related field or equivalent professional experience supporting risk management functions in a regulated environment.

Experience

  • Requires a minimum of 1 year of experience supporting thirdโ€‘party vendor management, operational risk, compliance, information security, or a related risk discipline within a regulated industry.
  • Requires handsโ€‘on experience supporting vendor due diligence, ongoing monitoring, documentation, and issue tracking activities.
  • Experience coordinating with crossโ€‘functional stakeholders (e.g., Information Security, IT, Compliance, Finance) to collect and organize risk assessment inputs.
  • Experience producing or maintaining clear, wellโ€‘organized, and evidenceโ€‘based documentation to support management review, audit, or regulatory examination.



Equal Employment Opportunity/M/F/disability/protected veteran status.



Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.