ZipRecruiter

Log In

1

Operational Risk Associate Jobs in North Carolina

Capital One

Senior Auditor - Risk Management

Charlotte, NC

$79.10K - $97.20K/yr

... Operational Risk Management At this time, Capital One will not sponsor a new applicant for employment authorization for this position. This role is hybrid meaning associates typically spend 3 days ...

UNC HEALTH

Clinical Risk Manager

Chapel Hill, NC · On-site

$41.45 - $59.58/hr

... or associate referrals. Develops innovative approaches intended to reduce the frequency and ... operations across UNC Health Care; except that, if you are currently a UNCHCS State employee ...

next page

Showing results 1-20

People also search for

All JobsOperational Risk Associate JobsOperational Risk Associate Jobs in North Carolina

Operational Risk Associate information

See North Carolina salary details

$10

$23

$48

How much do operational risk associate jobs pay per hour?

As of May 28, 2026, the average hourly pay for operational risk associate in North Carolina is $23.85, according to ZipRecruiter salary data. Most workers in this role earn between $16.15 and $27.55 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 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 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 are the most commonly searched types of Operational Risk jobs in North Carolina? The most popular types of Operational Risk jobs in North Carolina are:
What are popular job titles related to Operational Risk Associate jobs in North Carolina? For Operational Risk Associate jobs in North Carolina, the most frequently searched job titles are:
What job categories do people searching Operational Risk Associate jobs in North Carolina look for? The top searched job categories for Operational Risk Associate jobs in North Carolina are:
Operational Risk Associate jobs near you

Operational Risk Associate

Sumitomo Mitsui Financial Group, Inc.

Charlotte, NC • Hybrid

Other

Posted 3 days ago

Job description

SMBC Group is a top-tier global financial group. Headquartered in Tokyo and with a 400-year history, SMBC Group offers a diverse range of financial services, including banking, leasing, securities, credit cards, and consumer finance. The Group has more than 130 offices and 80,000 employees worldwide in nearly 40 countries. Sumitomo Mitsui Financial Group, Inc. (SMFG) is the holding company of SMBC Group, which is one of the three largest banking groups in Japan. SMFG's shares trade on the Tokyo, Nagoya, and New York (NYSE: SMFG) stock exchanges.

In the Americas, SMBC Group has a presence in the US, Canada, Mexico, Brazil, Chile, Colombia, and Peru. Backed by the capital strength of SMBC Group and the value of its relationships in Asia, the Group offers a range of commercial and investment banking services to its corporate, institutional, and municipal clients. It connects a diverse client base to local markets and the organization's extensive global network. The Group's operating companies in the Americas include Sumitomo Mitsui Banking Corp. (SMBC), SMBC Nikko Securities America, Inc., SMBC Capital Markets, Inc., SMBC MANUBANK, JRI America, Inc., SMBC Leasing and Finance, Inc., Banco Sumitomo Mitsui Brasileiro S.A., and Sumitomo Mitsui Finance and Leasing Co., Ltd.

Role Description

The Operational & Regulatory Risk Management Associate reports to head of Control Testing, Risk Appetite and Stress Test team within the Non-Financial Risk Management Group in the Risk Management Department. The role's primary function is to support the execution of the Stress Test, Risk Appetite, and Control Testing programs, as well as the design and subsequent execution of the new and CCAR compliant Stress Testing program.  

Role Responsibilities

   Assist in the execution of Operational Risk Stress Testing program, 
   Perform the data analysis for the identification and quantification of scenarios for Stress Testing program
   Support scenario development and refinement
   Create information packs for the workshops in the Stress Testing program 
   Assist in the execution of the workshops, including documentation, minuting and follow-ups
   Support the redesign of the stress testing program as part of the CCAR readiness initiative
   Support the recalibration of risk appetite metrics by analyzing internal losses and control environment to ensure alignment with the firm's risk profile
   Assist in the execution of Control Testing program
   Create and monitor Control Testing campaigns in the GRC system
   Responsible for Control Testing reporting and data analysis
   Assist in the review and challenge of Control Testing Scripts and Results
   Assist in updating Control Testing Policy and Procedures as and when they are required
   Act as point person for Control Testing GRC system enhancements and perform UAT

Qualifications and Skills

   1-3 years of relevant Finance experience
   In-depth knowledge of U.S., non-U.S. and international banking laws and specifically Risk Management frameworks and regulatory CCAR requirements
   Excellent communication skills, leadership and relationship-building skills to work with internal departments, affiliates, Head Office and regulatory bodies.
   Strong reasoning ability; understands complex situations, people and system needs against backdrop of managing a risk management environment.
   Strong analytical skills; great attention to detail, and ability to work independently.
   Expert communication and presentation skills.
   Expert ability to work collaboratively with internal risk management colleagues across multiple risk stripes, Front Office, and Middle & Back Office personnel across all subsidiaries and globally.
   Experience with Python for analyzing datasets
   Working knowledge of Agentic AI
   Experience with data visualization tools (e.g., Tableau, Power BI, Looker, or similar)
Proficiency in Microsoft Excel (pivot tables, formulas, lookups)

SMBC's employees participate in a Hybrid workforce model that provides employees with an opportunity to work from home, as well as, from an SMBC office. SMBC requires that employees live within a reasonable commuting distance of their office location. Prospective candidates will learn more about their specific hybrid work schedule during their interview process. Hybrid work may not be permitted for certain roles, including, for example, certain FINRA-registered roles for which in-office attendance for the entire workweek is required.

SMBC provides reasonable accommodations during candidacy for applicants with disabilities consistent with applicable federal, state, and local law. If you need a reasonable accommodation during the application process, please let us know at accommodations@smbcgroup.com.

Apply