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Operational Risk Associate Jobs (NOW HIRING)

Mars

Operational Risk Manager

Mclean, VA · On-site

The Operational Risk Manager role is responsible for supporting the delivery and management of Mars ... Support global stakeholder groups and working with Associates across all Mars locations; managing ...

Aritzia

Risk Associate

Tysons Corner, VA

... operations. THE OPPORTUNITY With a special focus on merchandise security, our Risk Associate ... supports the Store team in delivering an outstanding customer experience while encouraging a safe ...

Capital One

Senior Risk Associate

Richmond, VA

Operational loss data is collected from across the Company and housed in the centralized Risk Data Warehouse. This is data used to report risk metrics and other insights to the Company's senior ...

Capital One

Senior Risk Associate

Mclean, VA · On-site

Operational loss data is collected from across the Company and housed in the centralized Risk Data Warehouse. This is data used to report risk metrics and other insights to the Company's senior ...

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How much do operational risk associate jobs pay per hour?

As of Aug 10, 2026, the average hourly pay for operational risk associate in the United States is $26.24, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $30.29 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Operational Risk Associate?

To thrive as an Operational Risk Associate, you need strong analytical skills, knowledge of risk management frameworks, and a background in finance, business, or a related field. Familiarity with risk assessment tools, regulatory compliance systems, and certifications such as FRM or CRISC is often required. Attention to detail, problem-solving ability, and effective communication are vital soft skills for identifying risks and collaborating with teams. These skills ensure accurate risk identification, regulatory compliance, and the development of strategies to mitigate operational losses.

What are the typical challenges an Operational Risk Associate faces when working with cross-functional teams?

Operational Risk Associates often collaborate with departments such as compliance, audit, IT, and business operations to identify and mitigate potential risks. One common challenge is ensuring clear communication and alignment across teams with different priorities and risk tolerances. Additionally, navigating data inconsistencies and varying risk awareness levels can make it difficult to implement standardized controls. Building strong relationships and maintaining open channels for feedback help address these challenges and foster a proactive risk culture.

What is the difference between Operational Risk Associate vs Credit Risk Analyst?

AspectOperational Risk AssociateCredit Risk Analyst
Required CredentialsBachelor's degree, certifications like FRM or ORMBachelor's degree, certifications like CFA or FRM
Work EnvironmentFinancial institutions, risk management teamsBanking, lending institutions, credit departments
Employer & Industry UsageUsed in risk management departments across finance sectorsCommon in banking and lending sectors for credit assessment
Comparison Search IntentUnderstanding risk management roles in operationsAssessing credit risk and loan viability

The Operational Risk Associate focuses on identifying and mitigating risks related to operational processes within financial institutions, while the Credit Risk Analyst specializes in evaluating the creditworthiness of borrowers. Both roles require similar certifications and work in risk-related departments, but their core responsibilities differ—one manages operational risks, the other assesses credit risks.

What does an Operational Risk Associate do?

An Operational Risk Associate is responsible for identifying, assessing, and helping to mitigate risks that could impact a company's day-to-day operations. They work to ensure that processes, systems, and controls are in place to minimize the likelihood and impact of operational failures, such as fraud, system breakdowns, or regulatory breaches. Their duties often include risk assessments, incident reporting, data analysis, and supporting the implementation of risk management policies and procedures. Operational Risk Associates frequently collaborate with other departments to raise awareness and promote a strong risk culture within the organization.
What cities are hiring for Operational Risk Associate jobs? Cities with the most Operational Risk Associate job openings:
What are the most commonly searched types of Operational Risk jobs? The most popular types of Operational Risk jobs are:
What states have the most Operational Risk Associate jobs? States with the most job openings for Operational Risk Associate jobs include:
Operational Risk Associate jobs near you
Infographic showing various Operational Risk Associate job openings in the United States as of August 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $54,588 per year, or $26.2 per hour.

Risk, Operational Risk, Associate, Dallas

Goldman Sachs

Dallas, TX

Full-time

Re-posted 4 days ago

Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

47th of 170 rated banks

Job description

Risk Division 

The Risk Division develops comprehensive processes to monitor, assess and manage the risk of expected and unexpected events that may have an adverse impact on the firm. Risk teams play a critical function for the firm, driving how the firm takes and manages risk.  

Associate, Operational Risk Assessments Team 

The Operational Risk Assessment Execution team within Operational Risk is responsible for developing and implementing a standardized framework to identify, measure, monitor, and assess operational risk across the firm. The Associate will support the execution, enhancement, and strategic evolution of the firm's Risk and Control Self-Assessment (RCSA) program.  

Responsibilities 

  • Support the execution of business-as-usual (BAU) RCSA activities, including assessment planning, stakeholder coordination, and tracking completion against established timelines 
  • Analyze assessment outputs, risk data, and control information to identify trends and areas requiring management attention 
  • Develop reporting, dashboards, and management materials that provide insight into the firm's operational risk profile and assessment results 
  • Partner with stakeholders across the firm to support assessment execution and ongoing program enhancements 
  • Contribute to the development and implementation of assessment strategy initiatives, methodology enhancements, and process improvements 
  • Support regulatory, audit, and remediation initiatives related to the operational risk assessment framework 
  • Manage and coordinate project deliverables associated with key assessment and framework uplift initiatives 
  • Provide guidance to stakeholders on assessment requirements, standards, and supporting tools 

Qualifications 

  • 3-5 years of experience in Risk Management, Internal Audit, Compliance, or a related financial services role 
  • Basic understanding of operational risk management frameworks and risk assessment methodologies, including Risk and Control Self-Assessments (RCSA) 
  • Strong analytical and problem-solving skills, with the ability to interpret risk and control data to identify meaningful insights 
  • Experience supporting framework enhancements or process improvements 
  • Proven ability to manage projects and coordinate deliverables across multiple stakeholders in a fast-paced environment 
  • Excellent verbal and written communication skills 
  • Proficiency in Excel and PowerPoint 
  • Self-motivated, collaborative, and intellectually curious, with a desire to understand different areas of the firm and contribute to the ongoing evolution of the operational risk program 
  • Bachelor's degree required 

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869

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