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

Provide analysis on risk metrics, fixed-income derivatives, and hedging strategies. * Support daily ... Develop and maintain operational procedures, processes, and applications for the department. Assist ...

Risk Process Analyst

Plano, TX ยท On-site

$65K - $87K/yr

Builds knowledge of EIT methodologies, operational risk management practices, and banking processes ... Risk Analytics and Data Analysis * Business Acumen * Critical Thinking and Problem-Solving

You will work closely with Credit, Product, Operations and Engineering to ensure fraud risk is properly identified and separated from credit risk in decisioning. What You'll Be Doing * Analyze ...

Risk Process Analyst

Fort Worth, TX ยท On-site

$65K - $87K/yr

Builds knowledge of EIT methodologies, operational risk management practices, and banking processes ... Risk Analytics and Data Analysis * Business Acumen * Critical Thinking and Problem-Solving

Senior Fraud Risk Analyst

Dallas, TX ยท On-site

$80 - $100/hr

You will work closely with Credit, Product, Operations and Engineering to ensure fraud risk is ... Analyze application and early performance data to identify fraud patterns, including synthetic ...

Working closely with partners across operations, technology, and risk management, you will quantify ... Analyze large, complex datasets to identify emerging fraud trends, performance shifts, and ...

Leads cross-functional teams in the execution of technology risk assessments, stress testing, operational resilience analyses, and emerging risk evaluations. Monitors internal and external risk ...

Showing results 41-60

Operational Risk Analyst information

See Dallas, TX salary details

$38.6K

$84.9K

$153.3K

How much do operational risk analyst jobs pay per year?

As of Aug 20, 2026, the average yearly pay for operational risk analyst in Dallas, TX is $84,915.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,800.00 and $103,400.00 per year, depending on experience, location, and employer.

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 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 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 Dallas, TX?

The most popular types of Operational Risk Analyst jobs in Dallas, TX are:

What are popular job titles related to Operational Risk Analyst jobs in Dallas, TX?

For Operational Risk Analyst jobs in Dallas, TX, the most frequently searched job titles are:

What job categories do people searching Operational Risk Analyst jobs in Dallas, TX look for?

The top searched job categories for Operational Risk Analyst jobs in Dallas, TX are:

What cities near Dallas, TX are hiring for Operational Risk Analyst jobs?

Cities near Dallas, TX with the most Operational Risk Analyst job openings:

Infographic showing various Operational Risk Analyst job openings in Dallas, TX as of August 2026, with employment types broken down into 100% Full Time. Highlights an 71% In-person, and 29% Remote job distribution, with an average salary of $84,915 per year, or $40.8 per hour.

Senior Market Risk Analyst

FHLBank Dallas

Irving, TX โ€ข On-site

Full-time

Posted 27 days ago


Job description

FHLB Dallas actively pursues dedicated and hardworking individuals to be a part of our professional team. Positions are offered on an as-needed basis for all departments. View our current opportunities by clicking the View Open Positions tab above.
Provides technical expertise related to the Bank's financial risk identification, measurement, management, and control processes. Assists the Director of Market Risk and other market risk managers in developing, enhancing, maintaining the Bank's market risk management analytics process, market risk management valuation and income forecast system. Researches a variety of market risk management concepts, performs income forecast modeling analytics and performs portfolio variance analysis. Provides accurate, timely, and reliable measures of the Bank's exposure to market risk, consistent with the Bank's market risk policy, management guidelines, FHFA regulations, model risk management policy, and financial reporting requirements.
PRIMARY RESPONSIBILITIES:
  • Assist in market risk management by supporting and maintaining the Bank's risk and income forecast models. Enhance the market risk measurement process for portfolio valuation and interest rate risk sensitivity analysis. Provide analysis on risk metrics, fixed-income derivatives, and hedging strategies.
  • Support daily and monthly market risk processes. Prepare periodic reports and conduct in-depth analysis of the Bank's risk exposure. Perform detailed quantitative and qualitative analysis of key risk indicators that impact the Bank's market risk exposure.
  • Collaborate with cross-functional teams to perform model evaluation, version upgrades, new product modeling and development, and assess market risk, following bank and regulatory model risk guidance.
  • Assist in the prepayment modeling, measuring and monitoring. Facilitate continuous improvement of the Bank's proprietary and third-party market risk modeling software and measurement processes.
  • Develop and maintain operational procedures, processes, and applications for the department. Assist in designing and maintaining robust internal controls to ensure the integrity of the Bank's modeling and risk valuation processes.
  • Perform other duties as assigned.

JOB REQUIREMENTS:
  • A Bachelors degree in a quantitative discipline such as finance, economics, mathematics, or a related field and five years of experience directly related to financial risk measurement and fixed income analytics, with hands-on experience using portfolio valuation software or a Masters degree in a quantitative discipline such as finance, economics, mathematics, or a related field and three years of experience directly related to financial risk measurement and fixed income analytics, with hands-on experience using portfolio valuation software.
  • Comprehensive knowledge of fixed income risk management theory and practice, including term structure modeling, portfolio valuation, derivative pricing, mortgage prepayment and credit modeling.
  • Significant experience in fixed income analytics, including cash flow and sensitivity analysis, as well as developing and enhancing risk and income forecast models.
  • Proficiency in using portfolio valuation and modeling software (e.g., Algorithmics, QRM, Polypaths, SAS, FinCad, Intex), and ability to facilitate model evaluation, version upgrades, and new product modeling.
  • Strong analytical skills with the ability to conduct detailed quantitative and qualitative analysis of risk metrics, derivatives, and hedging strategies.
  • Experience with developing, maintaining, and enhancing operational procedures, internal controls, and applications to ensure the integrity of modeling and risk valuation processes.
  • Excellent interpersonal, communication, and organizational skills, with the ability to collaborate with cross-functional teams and manage multiple project assignments.

PHYSICAL DEMANDS
The physical demands described below are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodation may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is routinely required to utilize cognitive ability; sit and move about the office; speak, read, listen, and write; use hands to finger, handle, or feel objects, tools or controls. The employee is occasionally required to stand; reach with hands and arms, climb stairs; stoop, kneel, or crouch. Specific vision abilities required by the job include close vision, distance vision, depth perception, and the ability to adjust focus. The employee may occasionally lift and/or move up to 25 pounds.
WORK ENVIRONMENT
Work environment characteristics described below 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.
Work is performed in a temperature controlled office environment requiring little physical exertion. The noise level in the work environment is low to moderate. Mental concentration, attention to detail and computer use for extended periods of time is common. Completion of complex tasks under deadline pressure may be required. This position may, on occasion, also require evening and weekend work based on business needs. Interruptions may occur.
FHLB Dallas Offers a Professional, Inclusive Culture
FHL Bank Dallas employees are committed to and exemplify the following principles:
  • Service to our members is first and foremost
  • All business will be conducted honestly and ethically
  • Each employee contributes to customer service by directly serving our members or supporting those who do
  • Interaction with members should focus on building professional relationships and helping customers achieve their goals
  • Cooperation and teamwork throughout and across all levels of FHLB Dallas are essential to its effectiveness
  • Colleagues and members will be treated with the utmost respect and dignity

FHLB Dallas provides equal employment opportunity to all individuals without regard to race, religion, color, sex, age, marital status, ancestry, veteran status, disability, or national origin. FHLB Dallas will consider for employment all persons on an individual basis consistent with job-related criteria without regard to visible and non-visible disabilities. Equal opportunity applies to all employment practices, including recruitment, screening, hiring, compensation and training, as well as other conditions and privileges of employment.