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Operational Risk Banking Jobs (NOW HIRING)

Centennial Bank

Operational Risk Analyst I

Conway, AR · On-site

This position monitors and reports operational risk related to the application of bank policies and procedures as well as state and federal laws and regulations. The Operational Risk Analyst I ...

BizTek People

Operations Control Tower

Manhattan, NY · On-site

  • Medical

  • Dental

  • Vision

  • Retirement

... operational risk, or audit within a banking or capital markets firm. Proven experience with direct ownership of Operations dashboards, senior management reporting, and control frameworks. Proven ...

US Bank

Operational Risk Review (ORR) Analyst

Minneapolis, MN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

S. Bank is seeking an Operational Risk Review (ORR) Analyst responsible for executing review, issue validation, project, and data-focused activities within Independent Risk Review and Assessment ...

US Bank

Operational Risk Review (ORR) Analyst

Cincinnati, OH · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

S. Bank is seeking an Operational Risk Review (ORR) Analyst responsible for executing review, issue validation, project, and data-focused activities within Independent Risk Review and Assessment ...

HERITAGE BANK

Operational Risk Analyst (On-site)

Tacoma, WA · On-site

$36.44 - $45.55/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Heritage Bank currently has an exciting opportunity within our organization! Our Risk and Compliance team is seeking an operational risk analyst to join the team. This position is responsible for ...

US Bank

Operational Risk Review (ORR) Analyst

Gresham, OR · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

S. Bank is seeking an Operational Risk Review (ORR) Analyst responsible for executing review, issue validation, project, and data-focused activities within Independent Risk Review and Assessment ...

US Bank

Operational Risk Review (ORR) Analyst

Saint Louis, MO · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

S. Bank is seeking an Operational Risk Review (ORR) Analyst responsible for executing review, issue validation, project, and data-focused activities within Independent Risk Review and Assessment ...

U.S. Bank

Operational Risk Review (ORR) Analyst

Minneapolis, MN · On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

S. Bank is seeking an Operational Risk Review (ORR) Analyst responsible for executing review, issue validation, project, and data-focused activities within Independent Risk Review and Assessment ...

PeoplesBank

Operational Risk Associate

Holyoke, MA · On-site

$30.77 - $32.82/hr

We are the largest mutually chartered bank in Western Mass and Northern Connecticut, we are proud ... Reporting to the Senior Operational Risk Analyst, the Operational Risk Associate provides ...

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Operational Risk Banking information

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$39K

$85.8K

$155K

How much do operational risk banking jobs pay per year?

As of Aug 16, 2026, the average yearly pay for operational risk banking in the United States is $85,839.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,500.00 and $104,500.00 per year, depending on experience, location, and employer.

How does the operational risk role in banking typically collaborate with other departments to manage risk effectively?

Operational Risk professionals in banking work closely with departments such as Compliance, Internal Audit, IT, and Business Units to identify, assess, and mitigate risks. They often facilitate risk assessments, coordinate incident reporting, and help design controls or action plans in partnership with process owners. Regular meetings, cross-functional workshops, and training sessions are common to ensure everyone understands risk protocols and emerging threats. This collaborative approach helps create a strong risk culture and ensures that risk management is integrated throughout the organization.

What are the key skills and qualifications needed to thrive as an operational risk professional in banking?

To thrive in Operational Risk Banking, you need strong analytical skills, a deep understanding of risk management principles, and typically a degree in finance, business, or a related field. Familiarity with risk assessment tools, regulatory frameworks like Basel III, and systems such as GRC (Governance, Risk, and Compliance) platforms is crucial. Attention to detail, problem-solving abilities, and effective communication help professionals identify potential risks and collaborate across departments. These skills are vital to proactively managing operational risks, ensuring regulatory compliance, and safeguarding the bank's reputation and assets.

What is operational risk in banking?

Operational risk in banking refers to the risk of loss resulting from inadequate or failed internal processes, people, systems, or from external events. This includes risks such as fraud, human error, system failures, and natural disasters. Managing operational risk is crucial for banks to ensure stability, meet regulatory requirements, and protect their reputation. Banks use various tools and frameworks to identify, assess, monitor, and mitigate operational risks. Effective operational risk management helps maintain trust with customers and stakeholders.

What is the difference between Operational Risk Banking vs Credit Risk Analyst?

AspectOperational Risk BankingCredit Risk Analyst
Primary FocusIdentifying, assessing, and mitigating operational risks within banking processesEvaluating the creditworthiness of borrowers and assessing credit risk
Required CredentialsRisk management certifications, banking experienceFinance or economics degrees, credit analysis certifications
Work EnvironmentBanking institutions, risk management departmentsFinancial institutions, credit departments
Industry UsageCommonly used in banking risk managementCommon in lending and credit departments

Operational Risk Banking and Credit Risk Analyst roles both operate within banking but focus on different risk types. Operational Risk Banking emphasizes managing internal process risks, while Credit Risk Analysts focus on assessing borrower creditworthiness. Both roles require financial knowledge and risk management skills, but their specific responsibilities and certifications differ.

More about Operational Risk Banking jobs

What states have the most Operational Risk Banking jobs?

States with the most job openings for Operational Risk Banking jobs include:

What job categories do people searching Operational Risk Banking jobs look for?

The top searched job categories for Operational Risk Banking jobs are:

Operational Risk Banking jobs near you
Infographic showing various Operational Risk Banking job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 10% Part Time, and 2% Contract. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $85,839 per year, or $41.3 per hour.

Executive Manager, Operational Risk, America

Westpac Banking Corporation

New York, NY • On-site

Full-time

Medical, Retirement, PTO

This job post has expired today. Applications are no longer accepted.

Job description


Role Title: Executive Manager Operational Risk - America
Role location: New York
About Westpac: Westpac Institutional Bank ("WIB") is Australia's leading institutional bank, managing the financial needs of corporate, institutional and government clients. We are a leading provider of wholesale banking services in our region, with an increasing presence in the Northern Hemisphere.
How will I help?
As Executive Manager, Operational Risk, Americas, you will provide independent second line risk oversight and advice across Westpac's Americas business. You'll partner with business and risk leaders to ensure risks are appropriately identified, assessed, documented and managed in line with the Operational Risk Management Framework and broader Risk Management Framework.
You will provide specialist, outcome focused operational risk oversight and challenge, helping the business make sound risk informed decisions while supporting the achievement of strategic and commercial objectives. The role also provides valuable insight into emerging risks, business change initiatives, operational resilience and the evolving regulatory environment.
Key Responsibilities
  • Provide independent second line oversight of operational risk management practices across the Americas business.
  • Partner with business leadership on strategic initiatives, providing operational risk insight and challenge to support effective decision making and execution.
  • Assess and challenge the operational risk profile, control environment and remediation activities to ensure risks are managed within approved risk appetite.
  • Deliver thematic reviews and deep dive assessments across key risk areas, providing specialist guidance, challenge and oversight of remediation activities.
  • Provide operational risk reporting and insights to senior management, including emerging risks, control weaknesses, thematic issues and remediation progress.
  • Support the identification and management of emerging, strategic and external risks impacting the business.
  • Provide independent oversight and challenge of operational resilience capabilities, including critical services, business continuity, recovery planning and scenario testing.
  • Oversee and challenge third party risk management practices, including supplier, outsourcing and concentration risks.
  • Provide independent risk oversight of material business change initiatives, including strategic projects, technology implementations, process transformation and new product activity.
  • Support the continued embedment of the Operational Risk Target Operating Model across WIB & Treasury.
  • Promote consistency and best practice in operational risk oversight across the Americas business and the broader WIB & Treasury Risk function.
  • Analyse and synthesise risk insights from internal and external sources, translating these into practical recommendations for senior stakeholders.
  • Monitor regulatory developments, industry trends and external events, bringing relevant insights and emerging risk perspectives to the business.
  • Foster a strong risk culture through effective engagement, challenge and stakeholder influence.

What'sin it for me?
This is an opportunity to work closely with senior business executives, Risk leaders and global stakeholders across New York, London, Sydney. You'll play a key role in shaping the operational risk agenda for the Americas region, influencing decision making, overseeing major business and technology change initiatives, and helping the business navigate an evolving regulatory landscape.
Westpac in New York offers a comprehensive range of benefits including flexible working arrangements and various leave entitlements. This includes generous annual leave, purchase leave options, 100% employer funded private medical insurance and participation in a 401(k) plan with profit share contributions.
Fixed compensation for this position is between $180,000 and $220,000, plus bonus.
What do I need?
  • Significant experience in Operational Risk, Compliance, Risk Advisory or related risk management roles within financial services.
  • Extensive experience providing operational risk oversight, challenge and advice within a complex financial services environment.
  • Proven experience in senior Operational Risk, Compliance or Risk Advisory roles within banking or financial services.
  • Demonstrated experience providing independent risk oversight and challenge across complex business and regulatory environments.
  • Strong track record in Operational Risk, Compliance or Risk Advisory within a regulated financial services organisation.

What'sit like to work here?
When you join, you'll become part of the broader Westpac family - where we aim to be a friendly, switched-on team working for a single purpose - Creating Better Futures Together - it's what we do, who we are and why we come to work every day. As an equal opportunity employer, we're proud to have created a culture where people can be their best, in an environment that values diversity and flexibility.
Within Westpac, you will be part of the Institutional Banking division, where our vision is to be a high performing and innovative institutional bank, committed to enabling the growth of our global clients, our economy, and delivering sustainable shareholder returns.
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