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Operational Risk Associate Jobs in Baltimore, MD

Peraton

Data Analyst/Cyber Risk

Fort George G Meade, MD · On-site

$135K - $216K/yr

Lead and define operational risk assessments and analyses by DAO, Sector, and defined terrain ... Will consider an Associate with 10 years of experience or HS+12 years of experience. * Must be ...

Peraton

Data Analyst/Cyber Risk

Fort George G Meade, MD · On-site

$135K - $216K/yr

Lead and define operational risk assessments and analyses by DAO, Sector, and defined terrain ... Will consider an Associate with 10 years of experience or HS+12 years of experience. * Must be ...

Peraton

Data Analyst/Cyber Risk

Fort George G Meade, MD · On-site

$135K - $216K/yr

Lead and define operational risk assessments and analyses by DAO, Sector, and defined terrain ... Will consider an Associate with 10 years of experience or HS+12 years of experience. * Must be ...

T Rowe Price

Director, Counterparty Risk

Baltimore, MD · On-site

... associates located in the United Sates, United Kingdom, Luxembourg, and Singapore. Investment Risk ... Strong operational/analytical mindset and understanding of front, middle, and back-office trade ...

T. Rowe Price

Senior Equity Risk Manager

Baltimore, MD · On-site

$133 - $227/hr

The Investment Risk team is part of the firm's Enterprise Risk Group, with 38 associates located in ... operations research, engineering, computer science, or physics. * 5+ years of direct experience in ...

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Operational Risk Associate information

See Baltimore, MD salary details

$11

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How much do operational risk associate jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for operational risk associate in Baltimore, MD is $26.08, according to ZipRecruiter salary data. Most workers in this role earn between $17.69 and $30.10 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.
Operational Risk Associate jobs near you
Infographic showing various Operational Risk Associate job openings in Baltimore, MD as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $54,241 per year, or $26.1 per hour.

Associate Risk Manager

Kennedy Krieger Institute

Baltimore, MD • On-site

$149K/yr

Full-time

Re-posted 11 days ago

Kennedy Krieger Institute rating

7.9

Company rating: 7.9 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

Job description

Overview

The Associate Risk Manager is responsible for identifying, evaluating, and mitigating risks that could impact patient safety, staff well-being, regulatory compliance, and organizational operations. The position interfaces with the regulatory, safety and quality staff in identifying safety and quality opportunities and promoting a safety and quality culture. They will demonstrate sound judgment and utilize clinical practice and risk management knowledge to support a culture of safety and minimize legal and financial exposure.

Responsibilities

1. Identify potential risks related to patient care, clinical processes, operations, and environment.2. Review and investigate adverse events, sentinel events, and near-miss occurrence, ensuring appropriate action plans as needed.3. Monitor trends in incidents, claims, and near misses.4. Recommend corrective actions by performing root cause analyses (RCA) and proactive risk assessments.5. Collaborate with interdisciplinary and departmental teams to enhance patient safety initiatives and implement risk reduction strategies 6. Participate in departmental, medical staff, and institutional committees.7. Collaborate with the Legal Risk Coordinator and Legal Counsel to assist staff with various risk matters including complex patient issues, guardianship and custody issues, legal document review and testimony for legal matters.8. Develop and deliver staff education on risk management and safety

Qualifications

QUALIFICATIONS: Certification in Healthcare Risk Management (CPHRM) or Nurse Legal Certification from an accredited/recognized institution highly preferred. Certified Professional in-Patient Safety (CPPS) highly preferred.

EDUCATION: Bachelor's degree in Nursing, Healthcare Administration, Public Health, or related field required. Master's Degree preferred

EXPERIENCE:Five years of experience in healthcare risk management or patient safety is required.

Minimum pay rangeUSD $83,483.92/Yr.Maximum pay rangeUSD $149,453.82/Yr.Employment Type: OTHER

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