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Operational Risk Associate Jobs in Cedar Rapids, IA

UNFI

EHS Partner - Iowa City, IA

Iowa City, IA · On-site

... operations, human resources, claims and security/loss prevention leaders. This role will assist ... Education/Certification: • Associates degree with major course work in EHS, risk management or a ...

Amazon

EHS Specialist

Iowa City, IA · On-site

Lead daily safety audits, incident investigations, and risk assessments while implementing ... operational efficiency. Associate Advocacy & Cultural Leadership - Serve as a trusted safety ...

Amazon

EHS Specialist

Iowa City, IA

Lead daily safety audits, incident investigations, and risk assessments while implementing ... operational efficiency. Associate Advocacy & Cultural Leadership - Serve as a trusted safety ...

PetSmart Careers

Retail Store Manager

Coralville, IA · On-site

$55K - $116K/yr

... associate experience. * Evaluates operations and seeks opportunities to continuously improve ... risk. Follow up with associates and leaders with coaching and accountability as appropriate.

PetSmart

Retail Store Manager

Cedar Rapids, IA · On-site

... associate experience. * Evaluates operations and seeks opportunities to continuously improve ... risk. Follow up with associates and leaders with coaching and accountability as appropriate.

PetSmart

Retail Store Manager

Cedar Rapids, IA · On-site

... associate experience. * Evaluates operations and seeks opportunities to continuously improve ... risk. Follow up with associates and leaders with coaching and accountability as appropriate.

PetSmart

Retail Store Manager

Cedar Rapids, IA

... associate experience. * Evaluates operations and seeks opportunities to continuously improve ... risk. Follow up with associates and leaders with coaching and accountability as appropriate.

PetSmart

Retail Store Manager

Cedar Rapids, IA · On-site

... associate experience. * Evaluates operations and seeks opportunities to continuously improve ... risk. Follow up with associates and leaders with coaching and accountability as appropriate.

PetSmart

Retail Store Manager

Cedar Rapids, IA

... associate experience. * Evaluates operations and seeks opportunities to continuously improve ... risk. Follow up with associates and leaders with coaching and accountability as appropriate.

PetSmart

Retail Store Manager

Coralville, IA · On-site

$55K - $116K/yr

... associate experience. * Evaluates operations and seeks opportunities to continuously improve ... risk. Follow up with associates and leaders with coaching and accountability as appropriate.

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All JobsOperational Risk Associate JobsOperational Risk Associate Jobs in Cedar Rapids, IA

Operational Risk Associate information

See Cedar Rapids, IA 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 Cedar Rapids, IA is $25.69, according to ZipRecruiter salary data. Most workers in this role earn between $17.40 and $29.66 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 are the most commonly searched types of Operational Risk jobs in Cedar Rapids, IA? The most popular types of Operational Risk jobs in Cedar Rapids, IA are:
Operational Risk Associate jobs near you
Infographic showing various Operational Risk Associate job openings in Cedar Rapids, IA as of August 2026, with employment types broken down into 86% Full Time, 12% Part Time, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $53,436 per year, or $25.7 per hour.

Loan Modification Associate

Tata Consultancy Service Limited

Cedar Rapids, IA • On-site

$46K - $52K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Re-posted 3 days ago

Job description

The Back Office Loan Modification Specialist is responsible for reviewing, processing, and implementing loan modification requests for auto finance customers experiencing financial hardship. This role ensures all modifications comply with company policies, regulatory requirements, and customer agreements while maintaining data accuracy and operational efficiency. The position operates in a non-customer-facing capacity, supporting front-line teams and ensuring seamless execution of loan restructuring activities.
Loan Modification Processing
• Review and evaluate loan modification requests and supporting documentation.
• Assess eligibility based on established guidelines, policies, and risk parameters.
• Process approved modifications including term extensions, payment deferrals, interest rate adjustments, or restructures.
• Ensure timely and accurate updating of loan servicing systems.
Documentation & Compliance
• Verify completeness and accuracy of borrower documentation (income proof, hardship details, etc.).
• Ensure all modifications are compliant with internal policies and applicable regulatory requirements.
• Maintain detailed records of modifications, decisions, and approvals for audit purposes.
• Support internal and external audits by providing required documentation and reports.
Data Management & System Updates
• Accurately input and maintain loan data in servicing platforms.
• Perform quality checks and reconciliations to ensure data integrity.
• Identify discrepancies and resolve issues proactively.
Collaboration & Support
• Work closely with customer service, collections, and underwriting teams to facilitate loan modifications.
• Provide back-office support for escalations and exception requests.
• Participate in process improvements and workflow enhancements.
Required Qualifications
• High School Diploma or equivalent
• 24 years of experience in loan servicing, collections, auto finance, or financial operations.
• Experience handling loan modifications, restructuring, or hardship programs is preferred.
• Strong knowledge of loan servicing systems and processes.
TCS Employee Benefits Summary:
• Discretionary Annual Incentive.
• Comprehensive Medical Coverage: Medical & Health, Dental & Vision, Disability Planning & Insurance, Pet Insurance Plans.
• Family Support: Maternal & Parental Leaves.
• Insurance Options: Auto & Home Insur ance, Identity Theft Protection.
• Convenience & Professional Growth: Commuter Benefits & Certification & Training Reimbursement.
• Time Off: Vacation, Time Off, Sick Leave & Holidays.
• Legal & Financial Assistance: Legal Assistance, 401K Plan, Performance Bonus, College Fund, Student Loan Refinancing.
Salary Range: $46,000 - $52,000 per year

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