ZipRecruiter

Log In

1

Operational Risk Associate Jobs in Chicago, IL (NOW HIRING)

Aritzia

Retail Stores - Risk Associate

Chicago, IL

$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 ...

Capital One

Principal Risk Specialist

Riverwoods, IL

$102.30K/yr

As a member of the Global Payment Network team, you will be asked to identify, assess, and mitigate Network-specific operational and regulatory risks. Principal Risk Associates at Capital One are ...

Clear Street

Associate Director, Risk & Margin

Chicago, IL · On-site

$125K - $170K/yr

... Associate Director to join our Risk/ Margin team. This critical role involves overseeing daily ... Partner with Technology, Operations, Legal, and Front Office teams to execute new product launches ...

Capital One

Senior Auditor - Risk Management

Chicago, IL

$83.40K - $102.50K/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 ...

Capital One

Senior Auditor - Risk Management

Riverwoods, IL

$84.10K - $103.30K/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 ...

next page

Showing results 1-20

People also search for

All JobsOperational Risk Associate JobsOperational Risk Associate Jobs in Chicago, IL

Operational Risk Associate information

See Chicago, IL salary details

$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?

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 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:
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:
Operational Risk Associate jobs near you
Retail Stores - Risk Associate

Retail Stores - Risk Associate

Aritzia

Chicago, IL

$15.50 - $18.50/hr

Full-time

Posted 14 days ago

Aritzia rating

8.1

Company rating: 8.1 out of 10

Based on 28 frontline employees who took The Breakroom Quiz

Job description

THE DEPARTMENT Our Enterprise Risk Management department is responsible for minimizing loss while respecting people, brand and 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 and secure store environment. THE JOB As the Risk Associate, you will: * Support a safe and secure working environment * Minimize the loss of merchandise from all internal and external avenues * Champion and coach the store team on the importance of inventory accuracy * Safeguard the loss of financial, information and physical assets QUALIFICATIONS As the Risk Associate, you have: * 1+ year experience in Loss Prevention / Risk * Retail experience is an asset * Post-secondary education in a related field THE PERKS Some of the industry-leading benefits you will receive working at Aritzia: * Product Discount - We offer a 40% discount on all our Everyday Luxury product (online and in store) * Aspirational Workspace - Every detail is considered to connect to the energy of the culture * Set your Schedule - Provide your availability and indicate your preferred working hours (some restrictions apply) ARITZIA Aritzia is an Equal Employment Opportunity employer.

Our goal is to be inclusive, diverse, and representative of the communities where we work while creating an environment where every person can enjoy a successful career. This commitment applies to all candidates and employees regardless of race, ethnicity, citizenship, creed, place of origin, religion, sex, gender identity, gender expression, sexual orientation, family status, marital status, disability, age, and any other protected characteristic. Requests for accommodation due to a disability or any other protected characteristic can be made at any stage of the recruitment process and during employment by contacting our People & Culture Team.

What Aritzia employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply