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Operational Risk Analyst Jobs in Allen, TX (NOW HIRING)

Simmons Bank

Operational Risk Manager

Dallas, TX

Monitor, analyze, and report on operational risk exposures to management and the board, providing actionable insights and recommendations. * Designs and executes risk management communication and ...

Hilltop Holdings

Vendor Risk Analyst

Dallas, TX · On-site

Hilltop Holdings is looking for a Vendor Risk Analyst to assist in maintaining, executing, and ... operational risk management advisory services to assist management in the identification ...

New

Hilltop Holdings

Vendor Risk Analyst

Dallas, TX · On-site

Identify and evaluate operational, compliance, legal and strategic threats to key management objectives. * Conduct risk analysis to identify and measure the likelihood, impact, and tolerance of ...

New

Weitzman

Risk Analyst

Dallas, TX · On-site

The Risk Analyst administers critical elements of insurance programs including day-to-day operational elements of insurance programs, contract review, coverage analysis, and renewal application ...

Weitzman

Risk Analyst

Dallas, TX

The Risk Analyst administers critical elements of insurance programs including day-to-day operational elements of insurance programs, contract review, coverage analysis, and renewal application ...

Weitzman

Risk Analyst

Dallas, TX · On-site

The Risk Analyst administers critical elements of insurance programs including day-to-day operational elements of insurance programs, contract review, coverage analysis, and renewal application ...

Russell Tobin

Risk Analyst

Frisco, TX · On-site

$28 - $31/hr

Identify process improvement opportunities that enhance operational efficiency and customer ... risk management, financial investigations, or payment processing. * Strong analytical and critical ...

New

Newrez LLC

Senior Technology Risk Analyst

Coppell, TX · On-site

Document, formulate, and enforce areas of risk-related improvement that balance business operations ... Analyze and assess risk findings and document, recommend, and report program gaps and risk trends ...

Fortis

Senior Risk Analyst

Plano, TX · On-site

... operations. ESSENTIAL FUNCTIONS: * Understanding of different payment types (credit card, ACH, digital wallets, wires) and their risk levels & risk exposures * Aggregate and analyze data from ...

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All JobsOperational Risk Analyst JobsOperational Risk Analyst Jobs in Allen, TX

Operational Risk Analyst information

See Allen, TX salary details

$36.3K

$79.8K

$144.2K

How much do operational risk analyst jobs pay per year?

As of Jul 10, 2026, the average yearly pay for operational risk analyst in Allen, TX is $79,846.00, according to ZipRecruiter salary data. Most workers in this role earn between $60,900.00 and $97,200.00 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 popular job titles related to Operational Risk Analyst jobs in Allen, TX? For Operational Risk Analyst jobs in Allen, TX, the most frequently searched job titles are:
What job categories do people searching Operational Risk Analyst jobs in Allen, TX look for? The top searched job categories for Operational Risk Analyst jobs in Allen, TX are:
What cities near Allen, TX are hiring for Operational Risk Analyst jobs? Cities near Allen, TX with the most Operational Risk Analyst job openings:
Operational Risk Analyst jobs near you
Infographic showing various Operational Risk Analyst job openings in Allen, TX as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 80% Full Time, 12% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $79,846 per year, or $38.4 per hour.
Operational Risk Manager

Operational Risk Manager

Simmons Bank

Dallas, TX

Full-time

Posted 9 days ago

Simmons Bank rating

7.6

Company rating: 7.6 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

82nd of 146 rated banks

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Position Summary

Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls to minimize operational losses, and safeguard its reputation. Leads and mentors risk management team in the development and execution of risk frameworks, works closely with business units to support risk-aware decision making, enhancement of organizational resiliency, and ensures alignment with enterprise strategy. Responsible for presenting comprehensive risk insights to executive and board-level stakeholders and ensuring continuous improvement of risk management practices across the organization.

Essential Duties and Responsibilities

  • Directs the creation, review, and continuous improvement of Operational Risk Management policies and frameworks across the organization.

  • Establishes and oversees processes for identifying, assessing, and prioritizing Operational Risks organization-wide, including Risk and Control Self-Assessments (RCSA) and Scenario Analysis.

  • Responsible for the development, execution, and oversight of risk mitigation tracking processes and supporting business units in validating effective risk controls are in place.

  • Monitor, analyze, and report on operational risk exposures to management and the board, providing actionable insights and recommendations.

  • Designs and executes risk management communication and training strategies. Supports enterprise-wide operational risk culture change initiatives.

  • Selects, implements, and optimizes GRC systems; leads tool adoption and integration.

  • Establishes a culture of proactive problem-solving; Anticipates organizational risks and develops innovative, enterprise-wide solutions for complex challenges.

  • Other duties as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

  • Demonstrates exceptional communication skills at the executive and board level; crafts and delivers high-impact presentations; represents the Operational Risk function in external and high-stakes internal engagements.

  • Builds consensus among senior leadership and external partners; drives enterprise-wide Operational Risk initiatives through influence and strategic partnerships; acts as a trusted advisor on risk matters.

  • Leads advanced analytics initiatives; develops new methodologies and provides strategic insights to leadership.

  • Sets quality standards for the team; implements controls to ensure accuracy and compliance.

  • Designs and presents to executive leadership and external stakeholders; recognized as a thought leader.

Education and/or Experience

  • Advanced degree (Master's, MBA, or equivalent) required

  • 8+ years of relevant experience in banking or financial services, including significant leadership and strategic responsibilities.

  • 5+ years of direct risk management or related experience, with extensive leadership in risk management functions and cross-functional teams. Recognized as a subject matter expert and thought leader in risk management.

Computer Skills

  • MS Office programs

  • Advanced GRC and Analytics Tools

Certificates, Licenses, Registrations

  • Risk Management Certification (CREP or similar) preferred

Other Qualifications (including physical requirements)

Other

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. Activities, duties and responsibilities may change at any time with or without notice.

Skills Training

  • Communication

  • Time Management

  • Critical Thinking

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.

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