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Operational Risk Associate Jobs in New York (NOW HIRING)

Galaxy

Data Center Risk Associate

New York, NY · On-site

The Risk Associate will play a key role in coordinating across data center disciplines to identify ... Support operational risk management for live environments, including uptime, security ...

Aritzia LP

Retail Stores - Risk Associate

Woodbury, NY · On-site

$20 - $30/hr

... 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 ...

Galaxy

Data Center Risk Associate

New York, NY · On-site

The Risk Associate will play a key role in coordinating across data center disciplines to identify ... Support operational risk management for live environments, including uptime, security ...

Drawbridge

Cybersecurity Risk Associate

New York, NY · On-site

$90K - $105K/yr

Cybersecurity Risk Associate - Hybrid position Drawbridge Client Success / Technical Advisory ... Assess operational business risks and provide remediation and mitigation guidance * Act as an ...

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Operational Risk Associate information

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How much do operational risk associate jobs pay per hour?

As of Jun 6, 2026, the average hourly pay for operational risk associate in New York is $28.71, according to ZipRecruiter salary data. Most workers in this role earn between $19.47 and $33.12 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.
What are the most commonly searched types of Operational Risk jobs in New York? The most popular types of Operational Risk jobs in New York are:
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Operational Risk Associate jobs near you
Infographic showing various Operational Risk Associate job openings in New York as of May 2026, with employment types broken down into 70% Full Time, 29% Part Time, and 1% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $59,722 per year, or $28.7 per hour.

Operational Risk Management Department - Operational Risk Governance AVP/Associate

Bank of China Limited, New York Branch

Manhattan, NY • On-site

$150K/yr

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

Introduction Established in 1912, Bank of China is one of the largest banks in the world, with over $3 trillion in assets and a footprint that spans more than 60 countries and regions. Our long-term outlook, institutional weight and global breadth provide our clients with a stable and reliable financial partner, whether in Corporate or Personal Banking or our Trade Services, Commodities, Financial Institutions and Global Markets lines of business. Overview The position is responsible for performing the Operational Risk (OR) Framework management. The purpose of this job specifically includes managing the OR framework, policy and procedure, while also analyzing and consolidating operational risk data from teams and generating Branch-wide operational risk management reports to the Head Office. Responsibilities Include but are not limited to: Risk aggregation and Reporting
  • Collect operational risk related data from departments
  • Q&A the data input and follow up with the departments if necessary
  • Consolidate the data and complete risk aggregation and reporting to all executive committees
  • Analyze the data input from teams and departments and consolidate the inputs to generate reports
  • Work with different departments to prepare
  • Operational Risk Related ERM report and ORM report
  • Head Office reporting
Governance
  • Administrator of the Operational Risk Committee (ORC)
  • Manage and maintain all ORD policies and procedures
  • Facilitate meetings with regulators and provide materials requested by regulators
  • Facilitate audit meetings and affairs
Management
  • Execute and ensure adherence to all policies and procedures impacting Operational Risk Management
  • Ensure adherence to Branch policies and procedures
  • Support with the execution of department strategic objectives
Qualifications
  • Bachelor's degree is required for this position
  • A minimum of 2 year of experience in the Banking industry and risk management
  • Knowledge of operational or enterprise risk management concepts, framework, methods, and good governance practices
  • Bilingual abilities in both English and Chinese is required
Pay Range Actual salary is commensurate with candidate's relevant years of experience, skillset, education and other qualifications. USD $42,000.00 - USD $150,000.00 /Yr.

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