1

Operational Risk Associate Jobs (NOW HIRING)

Retail Stores - Risk Associate

San Antonio, TX · On-site

$13.75 - $16.25/hr

Risk Associate Our Enterprise Risk Management department is responsible for minimizing loss while respecting people, brand and operations. With a special focus on merchandise security, our Risk ...

Retail Stores - Risk Associate

Orlando, FL · On-site

$14 - $16.75/hr

Risk Associate Our Enterprise Risk Management department is responsible for minimizing loss while respecting people, brand and operations. With a special focus on merchandise security, our Risk ...

$14.25 - $17.25/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 ...

Retail Stores- Risk Associate

Indianapolis, IN · On-site

$14.25 - $17.25/hr

Risk Associate Our Enterprise Risk Management department is responsible for minimizing loss while respecting people, brand and operations. With a special focus on merchandise security, our Risk ...

Retail Stores - Risk Associate

Bloomington, MN · On-site

$15 - $18/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 ...

next page

Showing results 1-20

Operational Risk Associate information

See salary details

$11

$26

$53

How much do operational risk associate jobs pay per hour?

As of Jul 21, 2026, the average hourly pay for operational risk associate in the United States is $26.24, according to ZipRecruiter salary data. Most workers in this role earn between $17.79 and $30.29 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 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.
More about Operational Risk Associate jobs
What cities are hiring for Operational Risk Associate jobs? Cities with the most Operational Risk Associate job openings:
What are the most commonly searched types of Operational Risk jobs? The most popular types of Operational Risk jobs are:
What states have the most Operational Risk Associate jobs? States with the most job openings for Operational Risk Associate jobs include:
What job categories do people searching Operational Risk Associate jobs look for? The top searched job categories for Operational Risk Associate jobs are:

Enterprise Risk Associate

Two Sigma Investments, LP

New York, NY • On-site

$100K - $150K/yr

Full-time

Medical, Dental, Life, Retirement, PTO

Posted 25 days ago


Job description

Enterprise Risk Associate
Location
NY New York
United States
Business
Investment Management
Function
Strategy and Operations
Experience Level
Experienced
Share this job
Position Summary
Two Sigma is a leading quantitative investment management and trading firm. The company applies a scientific approach to investing, combining cutting-edge technology, artificial intelligence, data science, and quantitative research with rigorous human inquiry to capitalize on market opportunities and deliver alpha for investors.
Our team of engineers, quantitative researchers and data scientists looks beyond the traditional to test hypotheses and develop creative solutions to some of the world's most complex economic problems.
The Enterprise Risk Management ("ERM") function is responsible for building and implementing frameworks/processes to identify, assess, prioritize, mitigate, and report on operational risks across the business. The ERM function will facilitate a centralized approach to managing the firm's operational risks, collaborating with the relevant teams across modeling, engineering and corporate functions to mitigate identified risks. ERM will strive to promote and foster a culture of operational risk awareness, accountability, continual improvement, and transparency within TSIM. This will include providing reporting on operational risks and mitigants to control functional leadership, business area heads, and senior leadership.
We are seeking a motivated and detail-oriented operational risk professional to be part of our growing ERM team. Candidates should be a strong problem solver with critical thinking abilities, possess strong relationship management skills, have the ability to manage and prioritize multiple tasks, and takes a collaborative approach to team engagement. If you are passionate about joining a fast-paced, dynamic team, we'd love to meet you!
You will take on the following responsibilities:
  • Analyze operational incidents, collaborate with partner teams across the business on root cause identification, and remediation efforts
  • Document and communicate significant operational risk incidents within the business
  • Attend post-mortem meetings, and manage documentation and key follow-ups
  • Lead weekly incident meeting with partner teams across Corporate, Modeling, and Engineering
  • Generate and distribute reporting and metrics for the individual businesses and TSIM
  • Ability to work with cross functional teams and manage projects to streamline/build out management of operational risk processes.
  • Assist in building out Enterprise Risk Framework and developing the culture of operational risk awareness, accountability, continual improvement

You should possess the following qualifications:
  • 3-5 years of in-depth knowledge of risk management frameworks, methodologies, and standard processes including application in the context of a large financial institution.
  • Understanding of relevant laws, regulations, and compliance requirements in the financial services industry.
  • Ability to analyze complex data, identify trends, and make data-driven decisions.
  • Proficiency in designing and conducting stress tests and scenario analyses.
  • Excellent verbal and written communication skills to effectively convey risk-related information to stakeholders at all levels.

You will enjoy the following benefits:
  • Core Benefits: Fully paid medical and dental insurance premiums for employees and dependents, competitive 401k match, employer-paid life & disability insurance
  • Perks: Onsite gyms with laundry service, wellness activities, casual dress, snacks, game rooms
  • Learning: Tuition reimbursement, conference and training sponsorship
  • Time Off: Generous vacation and unlimited sick days, competitive paid caregiver leaves
  • Hybrid Work Policy: Flexible in-office days with budget for home office setup

The base pay for this role will be between $100,000 and $150,000. This role may also be eligible for other forms of compensation and benefits, such as a discretionary bonus, health, dental and other wellness plans and 401(k) contributions. Discretionary bonus can be a significant portion of total compensation. Actual compensation for successful candidates will be carefully determined based on a number of factors, including their skills, qualifications and experience.
We are proud to be an equal opportunity workplace. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity/expression, age, status as a protected veteran, status as an individual with a disability, or any other applicable legally protected characteristics.
Two Sigma is committed to providing reasonable accommodations to qualified individuals in accordance with applicable federal, state, and local laws.
If you believe you need an accommodation, please visit our website for additional information.