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Operational Risk Associate Jobs in Westfield, MA

Validate equipment operation upon return and utilize computer software to download, review, and ... Associate's degree or Bachelor's degree in physical science, chemistry, engineering technology ...

Relationship Banker

Hartford, CT · On-site

$22.61 - $37.67/hr

Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory ... Associates degree Notary public license Bilingual based on branch needs Physical Requirements:

Relationship Banker

Hartford, CT · On-site

$22.61 - $37.67/hr

Adhere to applicable compliance/operational risk controls in accordance with Company or regulatory ... Associates degree Notary public license Bilingual based on branch needs Physical Requirements:

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Operational Risk Associate information

See Westfield, MA salary details

$11

$27

$55

How much do operational risk associate jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for operational risk associate in Westfield, MA is $27.40, according to ZipRecruiter salary data. Most workers in this role earn between $18.56 and $31.63 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 cities near Westfield, MA are hiring for Operational Risk Associate jobs?

Cities near Westfield, MA with the most Operational Risk Associate job openings:

Associate Business Resiliency Analyst

Hartford, CT • Hybrid

The Hartford
Finance and Insurance • 10K+ employees

$81K - $122K/yr

Full-time

Posted 20 days ago


The Hartford rating

8.8

Company rating: 8.8 out of 10

Based on 122 frontline employees who took The Breakroom Quiz


Job description

Risk Analyst - KR08CE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

Business Resilience Office - Associate Business Resiliency Analyst / Job Description

Job Title:Associate Business Resiliency Analyst

Location:Hartford, CT (Hybrid)
Department:Enterprise Risk Management
Reports To:Senior Business Resiliency Analyst

Summary:

The Hartford's Operational Risk Management (ORM) team is seeking a highly motivated individual with a passion for risk management to join the Business Resilience Office (BRO). The Business Resilience Office is responsible for strengthening organizational resilience by ensuring critical business operations, technology services, and third-party providers can effectively withstand and recover from disruptions.

In this role, the Associate Business Resiliency Analyst will support the execution of The Hartford's enterprise vendor resiliency program. The associate will assist in conducting vendor resiliency assessments, supporting issue management and risk reporting activities, contributing to resiliency processes, and helping evaluate the resilience capabilities of critical third parties. This role involves partnering with cross-functional teams and supporting initiatives aligned with The Hartford's operational resilience and risk management objectives.

Key Responsibilities

  • Assist in the coordination and execution of vendor resiliency risk assessments and on-going monitoring activities to evaluate third-party resilience capabilities and identify potential gaps.
  • Support coordination of additional vendor resiliency program activities and stakeholder engagement (e.g., contract negotiations, external stakeholder communications).
  • Manage vendor resiliency issue tracking activities (e.g., documenting assessment results, remediation plans, risk acceptances) to support program standards and governance requirements.
  • Develop and oversee resiliency reporting and metrics to provide visibility into vendor resiliency risks and issues management activities to support program monitoring, data quality, and leadership reporting.
  • Maintain and update vendor resiliency program documentation (e.g., procedures, templates) to support consistent risk assessment execution and reporting.
  • Participate in special projects and continuous improvement initiatives to enhance vendor resiliency practices (e.g., program maturity, training, AI opportunities).
  • Perform research on vendor resiliency risk practices, regulatory requirements, industry trends and emerging risks.

Qualifications

  • 3+ years of experience in risk management, compliance, audit, preferably in financial services. Some experience with resiliency, vendor management, and/or third party risk management preferred.
  • Ability to analyze business problems, provide recommendations, and propose solutions
  • Demonstrated capability to manage multiple priorities and deliver results
  • Strong oral and written communication
  • Demonstrated ability to build effective working relationships with business partners while working independently to deliver results
  • Advanced skills in Excel and PowerPoint
  • Experience with resiliency tools, risk assessment tools or GRC governance platforms (such as Archer) is preferred
  • Bachelor's degree in business, risk management, or a related field is required

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$81,600 - $122,400

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us|Our Culture|What It's Like to Work Here|Perks & Benefits


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About Hartford

Sourced by ZipRecruiter

Hartford Financial Services Group, widely recognized as The Hartford, is a renowned company based in Hartford, CT, US. Established in 1810, it has evolved into an industry leader in the insurance and financial services sector, proudly serving more than one million businesses in the US. The Hartford is committed to offering a gamut of insurance products that include homeowners, automobile, and business insurance as well as employee benefits and mutual funds. The company’s core values revolve around customer-focused innovations, diversity and inclusion, and ethical dealings that have earned them a customer-centric reputation. This shapes their mission which revolves around aiding their clients to overcome unforeseen obstacles and enhancing their wealth over time. Among the company's noted accomplishments is being consistently listed among the World's Most Ethical Companies, a testament to their unwavering commitment towards responsible business practices.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Hartford, CT, US

Year founded

1810

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