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Operational Risk Associate Jobs (NOW HIRING)

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

Principal Risk Associate

Mclean, VA · On-site

Principal Risk Associate Capital One's Enterprise Risk Management (ERM) Team has responsibility for ... Collaborate effectively across multiple stakeholders and organizations such as Operational Risk ...

Capital One

Principal Risk Associate

Mclean, VA

Principal Risk Associate Capital One's Enterprise Risk Management (ERM) Team has responsibility for ... Collaborate effectively across multiple stakeholders and organizations such as Operational Risk ...

Capital One

Principal Risk Associate

Richmond, VA

Principal Risk Associate Capital One's Enterprise Risk Management (ERM) Team has responsibility for ... Collaborate effectively across multiple stakeholders and organizations such as Operational Risk ...

Capital One

Senior Associate, Risk Manager

Houston, TX · On-site

Senior Associate, Risk Manager Are you ready to lead from the front line of a top 10 bank? Do you ... Partner effectively with specialized teams across the enterprise-including Operational Risk ...

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How much do operational risk associate jobs pay per hour?

As of Jun 28, 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, and why are they important?

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.
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Operational Risk Associate jobs near you
Infographic showing various Operational Risk Associate job openings in the United States as of June 2026, with employment types broken down into 1% As Needed, 65% Full Time, 32% Part Time, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $54,588 per year, or $26.2 per hour.
Risk, Operational Risk, Associate, Dallas

Risk, Operational Risk, Associate, Dallas

Goldman Sachs, Inc.

Dallas, TX • On-site

Full-time

Posted 22 days ago

Goldman Sachs rating

8.2

Company rating: 8.2 out of 10

Based on 26 frontline employees who took The Breakroom Quiz

30th of 142 rated banks

Job description


Risk
Our 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 professionals execute critical day-to-day risk management activities, lead projects and contribute to the ongoing advancement of a robust risk management program. Effective coordination with executive management, business units, control departments and technology is critical for success.
Associate in Op Risk Programs Governance:
The Associate in Op Risk Programs Governance is responsible for supporting the design, implementation, and maintenance of the operational risk governance framework while managing cross-functional projects across operational risk teams. This role bridges governance oversight with hands-on project delivery, ensuring that risk policies, standards, and initiatives are executed effectively and in alignment with departmental expectations and enterprise risk appetite.
Primary Responsibilities
  • Support the development, maintenance, and enhancement of the operational risk governance framework, including policies, standards, procedures, and committee charters
  • Prepare materials, coordinate agendas, draft minutes, and track action items for key risk governance committees
  • Coordinate responses to regulatory inquiries, internal audit findings, and external examination requests related to operational risk governance
  • Engage with cross-functional stakeholders including operational risk managers, program leads, technology, compliance, internal audit, and business line risk leads to drive project outcomes
  • Provide regular project status updates to senior leadership, including progress against milestones, budget tracking, and risk/issue summaries
  • This role requires an energetic self-starter that can liaise with a wide variety of stakeholders across the firm, both regionally and globally.

Basic Qualifications
  • 3-5 years of prior work experience in a relevant field
  • Team player with positive attitude and strong work ethic
  • Excellent verbal and written communication skills
  • Ability to work in a fast-paced environment with a focus on delivery
  • Proficiency in Excel and PowerPoint
  • Quick learner who can thrive working as part as a cross-regional team and individually

Preferred Qualifications
  • Change management experience, including project and/or program management
  • Experience with risk management frameworks
  • Experience supporting risk and control programs, specifically within non-financial risk disciplines (e.g., operational risk, compliance)
  • Experience in process and framework design

ABOUT GOLDMAN SACHS
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. Learn more about our culture, benefits, and people at GS.com/careers.
We're committed to finding reasonable accommodations for candidates with special needs or disabilities during our recruiting process. Learn more: https://www.goldmansachs.com/careers/footer/disability-statement.html

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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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