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Operational Risk Associate Jobs in Salt Lake City, UT

SANS

Associate

Salt Lake City, UT · On-site

Operations experience within Asset Management, Wealth Management, Client Reporting, Fund ... risk identification, and escalation management

New

Lockton, Inc.

Associate Account Manager

Salt Lake City, UT · On-site

$119K - $123K/yr

Job Summary: We're looking for an Associate Account Manager to join our Middle Market team in Salt ... Enterprise Risk Management and Analysis, including financial, operational, products, property ...

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All JobsOperational Risk Associate JobsOperational Risk Associate Jobs in Salt Lake City, UT

Operational Risk Associate information

See Salt Lake City, UT salary details

$10

$25

$51

How much do operational risk associate jobs pay per hour?

As of Aug 8, 2026, the average hourly pay for operational risk associate in Salt Lake City, UT is $25.40, according to ZipRecruiter salary data. Most workers in this role earn between $17.21 and $29.33 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 Salt Lake City, UT? The most popular types of Operational Risk jobs in Salt Lake City, UT are:
Operational Risk Associate jobs near you
Infographic showing various Operational Risk Associate job openings in Salt Lake City, UT as of August 2026, with employment types broken down into 84% Full Time, 14% Part Time, and 2% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $52,826 per year, or $25.4 per hour.

Senior Compliance Specialist (Ensign Peak Advisors)

The Church of Jesus Christ of Latter-day Saints

Salt Lake City, UT

Full-time

Re-posted 27 days ago

Church of Jesus Christ of Latter-day Saints rating

8.6

Company rating: 8.6 out of 10

Based on 82 frontline employees who took The Breakroom Quiz

3rd of 18 rated religious organizations

Job description

The Senior Compliance Specialist is responsible for supporting and enhancing the firm's compliance framework and control environment. This role works closely with business units, senior management, and compliance committees to ensure adherence to regulatory requirements, effective risk management, and operational integrity. The position requires advanced knowledge of financial services compliance, strong analytical capabilities, and the ability to independently manage complex compliance and operational initiatives.

Ensign Peak Advisors is an affiliated organization of The Church of Jesus Christ of Latter-day Saints.  In support of the Church's global mission, Ensign Peak Advisors manages the financial reserves of the Church and provides cash management services to fund Church operations.

Church employees find joy and satisfaction in using their unique talents and abilities to further the Lord's work. From the IT professional who develops an app that sends the gospel message worldwide, to the facilities manager who maintains our buildings- giving Church members places to worship, teach, learn, and receive sacred ordinances-our employees seek innovative ways to share the gospel of Jesus Christ with the world. They are literally working in His kingdom.
Only members of the Church who are worthy of a temple recommend qualify for employment. Apart from this, the Church is an equal opportunity employer and does not discriminate in its employment decisions on any basis that would violate U.S. or local law.
Qualified applicants will be considered for employment without regard to race, national origin, color, gender, pregnancy, marital status, age, disability, genetic information, veteran status, or other legally protected categories that apply to the Church. The Church will make reasonable accommodations for qualified individuals with known disabilities.

  • Bachelor's degree in accounting, finance, economics, or a related field

  • Strong understanding of financial markets, investment operations, and applicable regulatory requirements

  • Demonstrated ability to work independently, exercise sound judgment, and appropriately escalate issues

  • Strong communication, organizational, and project management skills

  • Ability to analyze complex business processes and associated technology controls

     Experience

  • Minimum of 10+ years of experience in financial services compliance, operations, or a related function (e.g. public accounting investment management, banking, capital markets)

  • Proven experience with compliance frameworks, internal controls, and operational risk management practices

    Preferred Qualifications

  • Advanced degree (e.g., MBA, JD, MPA)

  • Relevant professional certifications such as CPA (Certified Public Accountant), CFA (Chartered Financial Analyst), CRCM (Certified Regulatory Compliance Manager), FRM (Financial Risk Manager)

  • Enhance and strengthen compliance programs, processes, and control frameworks, including identifying and implementing automation opportunities

  • Lead the execution of compliance testing, monitoring, and training programs

  • Monitor adherence to regulatory and internal compliance obligations, including portfolio and transactional compliance

  • Serve as a subject matter expert in document retention policies and procedures, information barriers, and portfolio and transactional compliance

  • Partner with internal stakeholders to collect, maintain, and safeguard key documentation and records

  • Identify risks, evaluate control effectiveness, and recommend enhancements to management and compliance committees

  • Develop and maintain a deep understanding of business functions, operational processes, and supporting technology systems

  • Prepare and deliver clear, accurate, and timely reports and presentations to senior stakeholders

  • Collaborate across business units to support compliance initiatives and operational improvements

  • Stay current on regulatory developments and industry best practices through ongoing training and professional engagement

  • Be responsible for preparing and analyzing reporting to external regulatory agencies (TIC, SEC, BEA, CFTC etc.)

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