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Operational Risk Associate Jobs in Los Angeles, CA

East West Bank

Risk and Control Manager

Pasadena, CA · On-site

$90K/yr

... our associates' potential for career advancement. Headquartered in California, East West Bank ... Strong knowledge of banking operations, products, and services * Experience with development of Key ...

East West Bank

Risk and Control Manager

Pasadena, CA · On-site

$200K/yr

... our associates' potential for career advancement. Headquartered in California, East West Bank ... Strong knowledge of banking operations, products, and services * Experience with development of Key ...

East West Bank

Risk and Control Manager

Pasadena, CA · On-site

$90 - $200/hr

... our associates' potential for career advancement. Headquartered in California, East West Bank ... Strong knowledge of banking operations, products, and services * Experience with development of Key ...

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All JobsOperational Risk Associate JobsOperational Risk Associate Jobs in Los Angeles, CA

Operational Risk Associate information

See Los Angeles, CA salary details

$12

$28

$57

How much do operational risk associate jobs pay per hour?

As of Aug 20, 2026, the average hourly pay for operational risk associate in Los Angeles, CA is $28.28, according to ZipRecruiter salary data. Most workers in this role earn between $19.18 and $32.64 per hour, depending on experience, location, and employer.

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 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 are the most commonly searched types of Operational Risk jobs in Los Angeles, CA?

The most popular types of Operational Risk jobs in Los Angeles, CA are:

What cities near Los Angeles, CA are hiring for Operational Risk Associate jobs?

Cities near Los Angeles, CA with the most Operational Risk Associate job openings:

Operational Risk Associate jobs near you
Infographic showing various Operational Risk Associate job openings in Los Angeles, CA as of August 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $58,820 per year, or $28.3 per hour.

Fraud Prevention Associate

First Entertainment Credit Union

Hollywood, CA • On-site

$29 - $35/hr

Full-time

Posted 29 days ago

Job description

First Entertainment Credit Union is looking for a Fraud Prevention Associate who supports the day-to-day fraud prevention function by reviewing alerts, examining account and transaction activity, documenting findings, and escalating potential fraud concerns in alignment with established procedures. This role supports a centralized fraud operating model where consistent triage, timely case preparation, strong documentation, and member-focused resolution help reduce fraud losses, improve response speed, and strengthen operational control.
The ideal candidate is detail-oriented, member-focused, and comfortable working across multiple fraud monitoring platforms, payment channels, and internal systems. The role partners closely with various internal teams to support fraud detection, claim handling, reporting, and process improvement while maintaining compliance with applicable regulations and internal standards.
This is a full-time, hybrid opportunity based in Hollywood, CA and reporting to the Fraud & Investigations Manager. The targeted pay for candidates in California is between $29~$35 per hour.
Responsibilities
  • Perform fraud triage by reviewing alerts, escalations, and suspicious account activity across payment channels, including Zelle, ACH, wires, checks, cards, and digital banking, and determine appropriate next steps.
  • Investigate, document, track and maintain fraud cases and claim, ensuring accurate records, timely escalations, and compliance with established procedures and service-level expectations.
  • Support fraud and scam claim resolution, including member communication, case follow-up, required reporting, and coordination with internal and external partners.
  • Partner with Fraud, Operations, Card Services, Member Services, Compliance, and Risk teams to resolve fraud events, reduce operational risk, and improve workflow efficiency.
  • Prepare and maintain fraud-related reporting, reconcile assigned accounts, identify emerging fraud trends, and recommend opportunities to strengthen controls and reduce losses.
  • Maintain knowledge of fraud trends, regulations, and department procedures while supporting new fraud tools, process improvements, audit readiness, and rotating Saturday coverage as business needs require.
  • Perform other duties as assigned by the leadership as needed.

At First Entertainment, your role and every role are essential to our Mission [We build lifelong financial relationships with the people in entertainment based on a deep understanding of how they live and work], Core Values [ Members First + Ownership + Integrity + Innovation + Inclusivity + One Team], and we expect you to uphold them.
Requirements
  • High school diploma or GED required; college degree preferred, with at least three (3) years of related experience in a full-service financial institution, fraud prevention, payments, operations, card services, or member service.
  • Working knowledge of fraud prevention, payment operations, dispute/claim processes, and applicable case documentation practices strongly preferred.
  • Experience using CRM, core processing, case-management, alert-management, Microsoft Office, and reporting tools; experience with Symitar/Episys, Visa DPS, Verafin, Yellow Hammer, DetectTA, Financial Crimes Defender, or similar systems is helpful.
  • Ability to review multiple information sources, identify inconsistencies, document findings accurately, and escalate concerns clearly and timely.
  • Strong customer service, problem-solving, critical thinking, time management, conflict-resolution, and communication skills, with the ability to document member and staff interactions professionally.
  • Ability to work independently within defined procedures, recognize when escalation is needed, and support flexible scheduling between 6:30 a.m. and 6:00 p.m., including Saturday hours based on rotating coverage and business need.

First Entertainment Credit Union does not utilize artificial intelligence (AI) tools in any part of the hiring process. This includes reviewing applications, analyzing resumes, or evaluating candidate responses. All hiring decisions are made exclusively by our hiring teams, in compliance with applicable employment laws and regulations to ensure fairness, transparency, and equal opportunity.

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