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Operational Risk Analyst Jobs (NOW HIRING)

Risk Operations Analyst Job Location: San Jose, CA Job Type: Contract * As a Risk Operations Analyst on our Risk Onboarding Team * You will be responsible for reviewing new and existing accounts for ...

Risk Analyst / Risk Manager Position Type: Full-Time, Remote Working Hours: U.S. client business ... This role is highly cross-functional and requires close collaboration with finance, operations ...

Identify and assess risks across active projects, pursuits, and corporate operations * Develop and ... Risk assessment & mitigation * Contract analysis * Financial modeling and data analysis * Cross ...

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Operational Risk Analyst information

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$39K

$85.8K

$155K

How much do operational risk analyst jobs pay per year?

As of Jun 6, 2026, the average yearly pay for operational risk analyst in the United States is $85,839.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,500.00 and $104,500.00 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.

More about Operational Risk Analyst jobs
What cities are hiring for Operational Risk Analyst jobs? Cities with the most Operational Risk Analyst job openings:
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Who are the top companies hiring for Operational Risk Analyst jobs? The top employers for Operational Risk Analyst jobs are:
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What are popular job titles related to Operational Risk Analyst jobs? For Operational Risk Analyst jobs, the most frequently searched job titles are:
Enterprise Compliance and Operational Risk Analyst [see locations]

Enterprise Compliance and Operational Risk Analyst [see locations]

Regions Financial Corporation

Birmingham, AL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 9 days ago


Regions Bank rating

8.0

Company rating: 8.0 out of 10

Based on 152 frontline employees who took The Breakroom Quiz

54th of 141 rated banks


Job description

Thank you for your interest in a career at Regions. At Regions, we believe associates deserve more than just a job. We believe in offering performance-driven individuals a place where they can build a career --- a place to expect more opportunities. If you are focused on results, dedicated to quality, strength and integrity, and possess the drive to succeed, then we are your employer of choice.
Regions is dedicated to taking appropriate steps to safeguard and protect private and personally identifiable information you submit. The information that you submit will be collected and reviewed by associates, consultants, and vendors of Regions in order to evaluate your qualifications and experience for job opportunities and will not be used for marketing purposes, sold, or shared outside of Regions unless required by law. Such information will be stored in accordance with regulatory requirements and in conjunction with Regions' Retention Schedule for a minimum of three years. You may review, modify, or update your information by visiting and logging into the careers section of the system.
Job Description:
At Regions, the Enterprise Compliance and Operational Risk Analyst serves as a member of Regions' second line of defense risk management function. This position supports the development and maintenance of a strong risk culture by implementing Regions' risk management framework, internal policies, and program infrastructure. Additionally, this position works closely with first line of defense associates to proactively identify, measure, monitor, and manage risks across the organization.
Primary Responsibilities
  • Supports risk programs through monitoring, testing, and reporting to ensure adherence to regulatory and risk management standards
  • Conducts risk assessments and evaluates control effectiveness, including the review of organizational initiatives for risk impact
  • Develops and maintains risk metrics, dashboards, and reporting tools
  • Analyzes findings, losses, and risk events to identify trends
  • Collaborates cross-functionally with business units and stakeholders to provide guidance and risk mitigation strategies
  • Assists with regulatory exams and internal audits by compiling requested information and preparing supporting materials
  • Maintains understanding of applicable laws, regulations, internal policies, and trends, as well as monitors changes and communicates impacts appropriately
  • Supports efforts to resolve highly critical issues, findings, and/or regulator matters
  • Supervises day-to-day work of junior analysts when appropriate, as well as provides advice and guidance to develop technical skills and knowledge

This position is exempt from timekeeping requirements under the Fair Labor Standards Act and is not eligible for overtime pay.
Requirements
  • Bachelor's degree in related field and six (6) years of experience in risk, audit, or related oversight function(s)
  • Or High School Diploma or GED and seven (7) years of experience in risk, audit, or related oversight function(s)

Preferences
  • Applicable certifications (e.g., Certified Fraud Examiner (CFE), Certified Public Accountant (CPA), Certified Regulatory Compliance Manager (CRCM))
  • Experience with Governance, Risk Management and Compliance (GRC) tools
  • Knowledge of data visualization and programming software
  • Knowledge of end-to-end banking processes (e.g., sales, account opening, account servicing, payments)
  • Knowledge of key federal acts and associated banking regulations (e.g., Dodd-Frank Act, Electronic Fund Transfer Act, Expedited Funds Availability Act, Truth in Lending)
  • Knowledge of risk management frameworks (e.g., Basel, Committee of Sponsoring Organizations (COSO))
  • Master's degree in related field

Skills and Competencies
  • Ability to learn additional systems as needed
  • Ability to make balanced, risk-based decisions based on facts
  • Ability to prioritize projects and allocate time efficiently and effectively
  • Ability to research, analyze data, and derive facts
  • Ability to solve problems and implement effective solutions
  • Proficiency in Microsoft Office (Excel, Word, PowerPoint, Outlook, etc.)
  • Strong verbal, written communication, and organizational skills
  • Strong work ethic and self-motivation

Additional Qualifications
  • Must have Risk Management or Internal Audit experience
  • Preferred: Operational Risk experience
  • Preferred: Familiarity with the Regions Home Improvement Financing (HIFI) business model
  • Preferred: Home Improvement lending experience

Position Type
Full time
Compensation Details
Pay ranges are job specific and are provided as a point-of-market reference for compensation decisions. Other factors which directly impact pay for individual associates include: experience, skills, knowledge, contribution, job location and, most importantly, performance in the job role. As these factors vary by individuals, pay will also vary among individual associates within the same job.
The target information listed below is based on the Metropolitan Statistical Area Market Range for where the position is located and level of the position.
Job Range Target:
Minimum:
$81,289.00 USD
Median:
$118,330.00 USD
Incentive Pay Plans:
This job may participate in an annual discretionary bonus plan.
Benefits Information
Regions offers a benefits package that is flexible, comprehensive and recognizes that "one size does not fit all" for benefits-eligible associates. Listed below is a synopsis of the benefits offered by Regions for informational purposes, which is not intended to be a complete summary of plan terms and conditions.
  • Paid Vacation/Sick Time
  • 401K with Company Match
  • Medical, Dental and Vision Benefits
  • Disability Benefits
  • Health Savings Account
  • Flexible Spending Account
  • Life Insurance
  • Parental Leave
  • Employee Assistance Program
  • Associate Volunteer Program

Please note, benefits and plans may be changed, amended, or terminated with respect to all or any class of associate at any time. To learn more about Regions' benefits, please click or copy the link below to your browser.
https://www.regions.com/about-regions/welcome-portal/benefits
Location Details
Regions Center
Location:
Birmingham, Alabama
Equal Opportunity Employer/including Disabled/Veterans
Job applications at Regions are accepted electronically through our career site for a minimum of five business days from the date of posting. Job postings for higher-volume positions may remain active for longer than the minimum period due to business need and may be closed at any time thereafter at the discretion of the company.

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