Senior Risk Associate (Global Payments Network) Successful Senior Risk Associates are highly ... Operational Risk Scenarios, Resolution Planning and responding to audits, * Ability to work with ...
Senior Risk Associate (Global Payments Network) Successful Senior Risk Associates are highly ... Operational Risk Scenarios, Resolution Planning and responding to audits, * Ability to work with ...
Senior Risk Associate (Global Payments Network) Successful Senior Risk Associates are highly ... Operational Risk Scenarios, Resolution Planning and responding to audits, * Ability to work with ...
Senior Risk Associate (Global Payments Network) Successful Senior Risk Associates are highly ... Operational Risk Scenarios, Resolution Planning and responding to audits, * Ability to work with ...
As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively ...
As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively ...
As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively ...
As part of the larger Operational Risk Management (ORM) organization, you will work with talented associates to provide oversight and effective challenge to ensure that our businesses effectively ...
Flagship Risk Associate - 555 Michigan Avenue
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Flagship Risk Associate - 555 Michigan Avenue
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk Mitigation Framework. The Risk Mitigation ...
Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk Mitigation Framework. The Risk Mitigation ...
Retail Stores - Risk Associate
Rosemont, IL · On-site
$15 - $18.25/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 ...
Retail Stores - Risk Associate
Rosemont, IL · On-site
$15 - $18.25/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 ...
Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk Mitigation Framework. The Risk Mitigation ...
Associate Director Department: Operational Risk Management Department Overview The Operational Risk Management ("ORM") Department is responsible for the Risk Mitigation Framework. The Risk Mitigation ...
Retail Stores - Risk Associate
Oak Brook, IL · On-site
$15.25 - $18.25/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 ...
Retail Stores - Risk Associate
Oak Brook, IL · On-site
$15.25 - $18.25/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 ...
Retail Stores - Risk Associate
Oak Brook, IL · On-site
$15.25 - $18.25/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 ...
Retail Stores - Risk Associate
Oak Brook, IL · On-site
$15.25 - $18.25/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Skokie, IL · On-site
$15 - $18/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 ...
Retail Stores - Risk Associate
Skokie, IL · On-site
$15 - $18/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 ...
Retail Stores - Risk Associate
Northbrook, IL · On-site
$15.25 - $18.25/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 ...
Retail Stores - Risk Associate
Northbrook, IL · On-site
$15.25 - $18.25/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 ...
Retail Stores - Risk Associate
Rosemont, IL · On-site
$15 - $18.25/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 ...
Retail Stores - Risk Associate
Rosemont, IL · On-site
$15 - $18.25/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Flagship Risk Associate - 555 Michigan Avenue
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Flagship Risk Associate - 555 Michigan Avenue
Chicago, IL · On-site
$15.50 - $18.50/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 ...
Retail Stores - Risk Associate
Skokie, IL · On-site
$14.25 - $17.25/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 ...
Retail Stores - Risk Associate
Skokie, IL · On-site
$14.25 - $17.25/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 ...
Operational Risk Associate information
See Chicago, IL salary details
$11.65 - $15.59
9% of jobs
$18.16 is the 25th percentile. Wages below this are outliers.
$15.59 - $19.53
24% of jobs
The median wage is $22.54 / hr.
$19.53 - $23.48
22% of jobs
$23.48 - $27.42
16% of jobs
$29.17 is the 75th percentile. Wages above this are outliers.
$27.42 - $31.36
9% of jobs
$31.36 - $35.30
7% of jobs
$35.30 - $39.25
4% of jobs
$39.25 - $43.19
4% of jobs
$43.19 - $47.13
3% of jobs
$47.13 - $51.08
1% of jobs
$51.08 - $55.02
0% of jobs
$11
$27
$55
How much do operational risk associate jobs pay per hour?
As of May 30, 2026, the average hourly pay for operational risk associate in Chicago, IL is $27.06, according to ZipRecruiter salary data. Most workers in this role earn between $18.32 and $31.25 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?
| Aspect | Operational Risk Associate | Credit Risk Analyst |
|---|---|---|
| Required Credentials | Bachelor's degree, certifications like FRM or ORM | Bachelor's degree, certifications like CFA or FRM |
| Work Environment | Financial institutions, risk management teams | Banking, lending institutions, credit departments |
| Employer & Industry Usage | Used in risk management departments across finance sectors | Common in banking and lending sectors for credit assessment |
| Comparison Search Intent | Understanding risk management roles in operations | Assessing 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 Chicago, IL? The most popular types of Operational Risk jobs in Chicago, IL are:
What are popular job titles related to Operational Risk Associate jobs in Chicago, IL? For Operational Risk Associate jobs in Chicago, IL, the most frequently searched job titles are:
- Drug Safety Associate
- No Experience Safety Officer
- Drug Safety Medical Reviewer
- Virtual Patient Safety Associate
- Remote Site Safety Health Officer
- Senior Transportation Safety Specialist
- Case Processing Pharmacovigilance
- Manager Aviation Safety Auditor
- Remote Drug Safety Associate
- Freelance Construction Safety Officer
What job categories do people searching Operational Risk Associate jobs in Chicago, IL look for? The top searched job categories for Operational Risk Associate jobs in Chicago, IL are:
Full-time
This job post has expired today. Applications are no longer accepted.
Capital One rating
7.7
Based on 134 frontline employees who took The Breakroom Quiz
74th of 141 rated banks
Job description
Senior Risk Associate (Global Payments Network)
Successful Senior Risk Associates are highly motivated professionals with excellent project, process and communication skills. They have a high level of exposure across lines of business and have the opportunity to create and implement innovative solutions to identify and mitigate potential risks to Capital One.
This role will be hired as a Capital One associate but will play a critical part in project execution and delivery for Discover Financial Services as part of our integration effort.
The Global Payment Network Complaint BRIC team provides oversight and support for the Network Complaint management program across Discover's three schemes (Discover Network, Diners Club International and PULSE).
Responsibilities:
Program development and ongoing enhancements,
Developing monthly reporting for leadership oversight and timely action.
Performing trend analysis to identify any systemic or recurring issues and ensure appropriate action is taken.
Provide excellent service to both business partners and the ERM organization
Execute processes and deliverables that support internal team governance processes
Deliver on a subset of the program deliverables including drafting communications, writing and editing policies and procedures, audit remediation responses, etc.
Create, edit and manage multiple facets of risk reporting
Manage tasks and activities related to risk management initiatives
Support risk teams with ad-hoc deliverables and investigations
Initiating and executing process improvements and leveraging other team members when appropriate
Specific Responsibilities for the team include Third Party Risk Management, Business Continuity, Crisis Management, Operational Risk Scenarios, Resolution Planning and responding to audits,
Ability to work with cross-functional teams and key first line of defense contacts at varying levels within the organization
Providing the first line of defense with methodology guidance relative to risk assessment programs
Monitor and govern adherence to assessment program elements
Provide reporting on assessment results
Basic Qualifications:
Bachelor's Degree or Military Experience
At least 2 years of experience in Project Management, or Business Process, or Risk Management
At least 1 year of experience using Google Suite or Microsoft Office products
Preferred Qualifications:
At least 3+ years of experience in Project or Business Process, or Risk Management
Certified Risk Manager (CRM) or BC (Business Certification)
At least 3+ years of experience creating and maintaining information in Google Suite Products (Slides, Sheets)
At this time, Capital One will not sponsor a new applicant for employment authorization for this position.
The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.
Chicago, IL: $87,700 - $100,100 for Sr. Risk AssociateCandidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.
This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.
This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.
For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com
Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.
Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).
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