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Operational Risk Associate Jobs in New York, NY (NOW HIRING)

Associate, Market Risk

Manhattan, NY · On-site

$90K - $155K/yr

Associate, Market Risk Country: United States of America It Starts Here: Santander is a global ... Partner with Trading, Finance, Operations, Technology and other control functions to resolve risk ...

Showing results 41-60

Operational Risk Associate information

See New York, NY salary details

$12

$28

$58

How much do operational risk associate jobs pay per hour?

As of Sep 7, 2026, the average hourly pay for operational risk associate in New York, NY is $28.93, according to ZipRecruiter salary data. Most workers in this role earn between $19.62 and $33.41 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 New York, NY?

The most popular types of Operational Risk jobs in New York, NY are:

Infographic showing various Operational Risk Associate job openings in New York, NY as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Summer. Highlights an 90% In-person, 8% Hybrid, and 2% Remote job distribution, with an average salary of $60,178 per year, or $28.9 per hour.

Principal Associate, Process Risk Optimization - Enterprise Services Risk Operations (ESRO)

Capital One Group

Manhattan, NY • On-site

$143 - $164/hr

Other

Posted 5 days ago


Job description

Principal Associate, Process Risk Optimization - Enterprise Services Risk Operations (ESRO)Skip to main content#Principal Associate, Process Risk Optimization - Enterprise Services Risk Operations (ESRO) page is loaded## Principal Associate, Process Risk Optimization - Enterprise Services Risk Operations (ESRO)Applylocations: New York, NY: McLean, VA: Richmond, VAtime type: Full timeposted on: Posted Todayjob requisition id: R248265Principal Associate, Process Risk Optimization - Enterprise Services Risk Operations (ESRO)**The Enterprise Services Risk Operations (ESRO) organization is expanding with a focus on attracting innovative, pioneering, collaborative, and highly skilled professionals. We operate at the forefront of risk management, providing support for novel and developing technologies, as well as critical business strategies. Diverse perspectives and experiences are valued as we work to redefine the financial sector.****As a Principal Associate on the Process Risk Optimization (PRO) Team, you will be responsible for working with business partners and other PRO team members to proactively identify and develop risk mitigation solutions for Capital One. We are the first line of defense to help ensure our Company remains well-managed and strengthens its risk posture. Our team delivers strategic, value-added, and risk-based analysis to drive executive leadership decision-making.****In this position, you will play a key role in supporting process-based assessments to identify and evaluate risks across various Enterprise Services functional areas, such as enterprise product management, cyber, network connectivity, development, cloud operations, data management, resiliency, and third party functions. You will learn about Capital One’s internal operations as you develop subject matter expertise while collaborating with business partners to identify, assess, measure, monitor, control, and report process-level risks. As a Principal Associate, you will support stakeholder interactions, handling logistics and creating deliverables in a fast-paced environment, all while working across multiple teams to drive successful project outcomes.****In this role, you will:*** **Support PRO in advising business partners on risk, building subject matter knowledge and critical thinking to contribute to process improvements and risk reductions for Enterprise Services lines of business*** **Research novel trends in an ever-changing regulatory environment, as well as internal process changes, to improve existing risks and identify emerging risks*** **Support the PRO team in educating stakeholders on how to apply risk management principles in accordance with Enterprise frameworks and standards*** **Research new and emerging areas of risk and the dynamic regulatory environment to understand impacts on process areas*** **Support project and program delivery, draft deliverables in fast paced environment, and work across multiple workstreams*** **Prioritize simultaneous projects and assessments, manage task deadlines, keep project team members informed, and proactively escalate issues*** **Participate in risk and other management forums and contribute to continuous improvement of risk and program management practices*** **Support internal initiatives to drive efficiency and process improvements within and across teams****Basic Qualifications:*** **High School Diploma, GED or equivalent certification*** **At least 3 years of experience in risk management*** **At least 3 years of experience supporting, partnering, and interacting with business clients****Preferred Qualifications*** **Bachelor's Degree or military experience*** **At least 5 years of experience in project, program, or portfolio management*** **At least 1 year of Financial Services industry experience*** **Experience with analysis of information security or technology threats and risks*** **Background in the financial services industry, including familiarity with regulatory practices; governance, risk, and compliance; information and network security, AWS cloud; machine learning and artificial intelligence; data management; third party and contingent workforce; incident response.*** **Process development, documentation, or improvement experience*** **Experience in controls development, controls management, and reporting activities*** **Holds one or more of the following certifications: any security, technology, risk, project management, and/or audit certifications (e.g., CompTIA Security+, CompTIA Tech+, CompTIA Network+, CompTIA A+, CompTIA Project+, Systems Security Certified Practitioner (SSCP), Certified Associate in Project Management (CAPM), ISACA Certified in Risk and Information Systems Control (CRISC), ISACA IT Audit Fundamentals Certificate, technology vendor certifications (e.g., AWS, Microsoft, Google))*** **Ability to communicate and consider stakeholder needs at all levels of the organization*** **Ability to navigate a complex, dynamic organization and prioritize deliverables in an multi-national, expanding business environment*** **Excellent problem-solving, analytical and critical thinking skills to effectively respond to shifting priorities, demands and timelines*** **Experience with analysis of information security or technology threats and risks*** **Strong communication and relationship building skills, customer focus, and ability to collaborate and influence across teams to deliver*** **Ability to execute tasks in a prioritized manner and coordinate with cross-functional teams****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.McLean, VA: $131,300 - $149,800 for Prin Assoc, Cyber Risk & AnalysisNew York, NY: $143,200 - $163,500 for Prin Assoc, Cyber Risk & AnalysisRichmond, VA: $119,400 - $136,200 for Prin Assoc, Cyber Risk & AnalysisCandidates 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 the Capital 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. #J-18808-Ljbffr