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Operational Risk Analyst Jobs in Phoenix, AZ (NOW HIRING)

US Bank

Fraud Risk Analyst

Tempe, AZ

Collaborate closely with operations, technology, risk management, and crossfunctional teams to validate rule effectiveness, conduct rootcause analysis, and ensure alignment with compliance and ...

MUFG

Operational & Compliance Data Analyst

Tempe, AZ · Hybrid

$78K - $106K/yr

We seek a candidate with risk background, preferably operational risk or compliance risk domain ... The Analyst will work closely with Front Office, Operations, Risk, and Compliance teams to improve ...

Servbank, sb Inc.

AVP, Banking Risk & Controls

Phoenix, AZ · On-site

$94K - $110K/yr

Develop corporate compliance and operational risk strategies by analyzing internal testing results, regulatory guidance, and external industry trends. * Assist in developing procedures that minimize ...

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All JobsOperational Risk Analyst JobsOperational Risk Analyst Jobs in Phoenix, AZ

Operational Risk Analyst information

See Phoenix, AZ salary details

$38.7K

$85.2K

$153.9K

How much do operational risk analyst jobs pay per year?

As of Jul 6, 2026, the average yearly pay for operational risk analyst in Phoenix, AZ is $85,231.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,000.00 and $103,800.00 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 Phoenix, AZ? For Operational Risk Analyst jobs in Phoenix, AZ, the most frequently searched job titles are:
What job categories do people searching Operational Risk Analyst jobs in Phoenix, AZ look for? The top searched job categories for Operational Risk Analyst jobs in Phoenix, AZ are:
Operational Risk Analyst jobs near you
Governance Risk Analyst

Governance Risk Analyst

Strategic Staffing Solutions

Chandler, AZ • On-site

$68.75 - $86/hr

Other

Posted 16 days ago

Job description

Job Description Governance Risk & Controls Analyst Chandler, AZ Pay: $68.75 - $86.00 depending on experience. Position Overview We are seeking a Governance Risk & Controls (GRC) Analyst to support enterprise governance, risk, and control initiatives within a highly regulated environment. This role will focus on governance automation, reporting, metrics, control validation, and cross-functional collaboration to improve operational efficiency and audit readiness

The ideal candidate will have experience supporting cybersecurity, information security, or IT risk management programs while leveraging automation, scripting, and reporting tools to enhance governance processes and control execution. Key Responsibilities Support governance, risk, and control processes across enterprise technology and cybersecurity environments Develop and maintain governance metrics, dashboards, reporting, and audit-defensible documentation Collaborate with technical and business teams to implement governance and automation solutions Support automation of repeatable governance and control activities using scripting and low-code tools Validate automated control outputs to ensure alignment with control intent and risk objectives Support REST API integrations, data extraction, and workflow automation initiatives Maintain governance records and workflows using Microsoft Dataverse and enterprise reporting platforms Prepare executive-level summaries, governance reports, and risk presentations Assist with audit support, issue tracking, and governance process improvements Required Qualifications Experience in Governance, Risk & Controls (GRC), cybersecurity, information security, or IT risk management Experience operating within large, regulated enterprise environments Strong analytical, problem-solving, and communication skills Experience supporting governance automation, reporting, or control processes Hands-on experience with Microsoft Dataverse and enterprise reporting platforms Basic to intermediate scripting experience with Python, PowerShell, or similar technologies Experience supporting REST APIs, integrations, or automated governance workflows Advanced Microsoft Excel skills including pivot tables, analysis, and data validation Ability to work independently and manage multiple priorities with strong attention to detail Preferred Qualifications Experience with Power Automate, Power BI, or Microsoft Fabric Information protection or data security experience Experience supporting KPI governance and enterprise metrics programs Familiarity with enterprise-approved generative AI tools and governance controls

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