S. Bank is seeking an Operational Risk Review (ORR) Lead Analyst ("Lead Analyst") responsible for the execution of review activities within Independent Risk Review and Assessment (IRRA), a ...
S. Bank is seeking an Operational Risk Review (ORR) Lead Analyst ("Lead Analyst") responsible for the execution of review activities within Independent Risk Review and Assessment (IRRA), a ...
Global Banking and Markets Global Banking and Markets (GBM) is a leading Canadian Capital Markets ... Identifying new and emerging operational risk themes based on internal and external data. The ...
Global Banking and Markets Global Banking and Markets (GBM) is a leading Canadian Capital Markets ... Identifying new and emerging operational risk themes based on internal and external data. The ...
Global Banking and Markets Global Banking and Markets (GBM) is a leading Canadian Capital Markets ... Identifying new and emerging operational risk themes based on internal and external data. The ...
Global Banking and Markets Global Banking and Markets (GBM) is a leading Canadian Capital Markets ... Identifying new and emerging operational risk themes based on internal and external data. The ...
Operational Risk and Control Analyst
New York, NY · Hybrid
$75K - $110K/yr
... the Bank. The analyst is given broad exposure to all functions and business lines within the Americas Division and is expected to execute all aspects of the Operational Risk Management Framework ...
Operational Risk and Control Analyst
New York, NY · Hybrid
$75K - $110K/yr
... the Bank. The analyst is given broad exposure to all functions and business lines within the Americas Division and is expected to execute all aspects of the Operational Risk Management Framework ...
Operational Risk and Control Analyst
New York, NY · On-site
$75K - $110K/yr
... the Bank. The analyst is given broad exposure to all functions and business lines within the Americas Division and is expected to execute all aspects of the Operational Risk Management Framework ...
Operational Risk and Control Analyst
New York, NY · On-site
$75K - $110K/yr
... the Bank. The analyst is given broad exposure to all functions and business lines within the Americas Division and is expected to execute all aspects of the Operational Risk Management Framework ...
Operational Risk and Control Analyst
New York, NY · On-site
$75K - $110K/yr
... the Bank. The analyst is given broad exposure to all functions and business lines within the Americas Division and is expected to execute all aspects of the Operational Risk Management Framework ...
Quick apply
Operational Risk and Control Analyst
New York, NY · On-site
$75K - $110K/yr
... the Bank. The analyst is given broad exposure to all functions and business lines within the Americas Division and is expected to execute all aspects of the Operational Risk Management Framework ...
Operational Risk - VP
Manhattan, NY · On-site
$160K - $185K/yr
Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk ... Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking)
Operational Risk - VP
Manhattan, NY · On-site
$160K - $185K/yr
Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk ... Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking)
Operational Risk - VP
Manhattan, NY · On-site
$160K - $185K/yr
Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk ... Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking)
Operational Risk - VP
Manhattan, NY · On-site
$160K - $185K/yr
Operational Risk Management, Asset Management Corporate Title: Vice President Department: Risk ... Wealth Management, Investment Management, and Wholesale (Global Markets and Investment Banking)
Officer -Operational Risk
Manhattan, NY · On-site
Contribute to the efficient and accurate processing of Operation Risk activities, including handling of all Investigation/Compensation inquiries, daily Bank Nostro Reconcilements, internal control ...
Quick apply
Officer -Operational Risk
Manhattan, NY · On-site
Contribute to the efficient and accurate processing of Operation Risk activities, including handling of all Investigation/Compensation inquiries, daily Bank Nostro Reconcilements, internal control ...
Operational Risk Management - Scenario Analysis Lead, Vice President
New York, NY · Hybrid
$125K - $160K/yr
Reporting to the Operational Risk Management Governance Director this role will be focused on ... Participate in the evaluation of risk and controls issues in the Bank, report relevant findings to ...
Operational Risk Management - Scenario Analysis Lead, Vice President
New York, NY · Hybrid
$125K - $160K/yr
Reporting to the Operational Risk Management Governance Director this role will be focused on ... Participate in the evaluation of risk and controls issues in the Bank, report relevant findings to ...
Vice President, Operational Risk Auditor
Jersey City, NJ · On-site
$188K - $195K/yr
... banking organizations. Plan and conduct audit assignments and supervise audit team members to ... Operational Risk Audit (or similar) or a similar occupation within an audit or second line of ...
Vice President, Operational Risk Auditor
Jersey City, NJ · On-site
$188K - $195K/yr
... banking organizations. Plan and conduct audit assignments and supervise audit team members to ... Operational Risk Audit (or similar) or a similar occupation within an audit or second line of ...
Operational Risk Manager - Cybersecurity
Johnston, RI · On-site
$100K - $135K/yr
Deep understanding of banking products and operations; regulatory requirements; and key processes ... in Risk and Information System Controls, or other relevant risk certifications Hours and Work ...
Operational Risk Manager - Cybersecurity
Johnston, RI · On-site
$100K - $135K/yr
Deep understanding of banking products and operations; regulatory requirements; and key processes ... in Risk and Information System Controls, or other relevant risk certifications Hours and Work ...
Operational Risk Management - Scenario Analysis Lead, Vice President
Tempe, AZ · Hybrid
$125K - $160K/yr
Reporting to the Operational Risk Management Governance Director this role will be focused on ... Participate in the evaluation of risk and controls issues in the Bank, report relevant findings to ...
Operational Risk Management - Scenario Analysis Lead, Vice President
Tempe, AZ · Hybrid
$125K - $160K/yr
Reporting to the Operational Risk Management Governance Director this role will be focused on ... Participate in the evaluation of risk and controls issues in the Bank, report relevant findings to ...
... banking and securities rules, regulations, and laws. - Respond to internal and external audits ... Operational Risk Subject Matter Expert on any assigned Subcommittees and/or Working Groups ...
... banking and securities rules, regulations, and laws. - Respond to internal and external audits ... Operational Risk Subject Matter Expert on any assigned Subcommittees and/or Working Groups ...
Operational Risk Management - Scenario Analysis Lead, Vice President
Tampa, FL · Hybrid
$125K - $160K/yr
Reporting to the Operational Risk Management Governance Director this role will be focused on ... Participate in the evaluation of risk and controls issues in the Bank, report relevant findings to ...
Operational Risk Management - Scenario Analysis Lead, Vice President
Tampa, FL · Hybrid
$125K - $160K/yr
Reporting to the Operational Risk Management Governance Director this role will be focused on ... Participate in the evaluation of risk and controls issues in the Bank, report relevant findings to ...
... Banking (CCB) Operations business to evidence sound operational risk management and regulatory compliance. Operating under the CCOR Framework, you will partner closely with crossfunctional teams and ...
... Banking (CCB) Operations business to evidence sound operational risk management and regulatory compliance. Operating under the CCOR Framework, you will partner closely with crossfunctional teams and ...
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our ... Track and categorize operational risk incidents and losses. Conduct deep dives on significant ...
At OceanFirst Bank, each one of our employees plays an important role in delivering value to our ... Track and categorize operational risk incidents and losses. Conduct deep dives on significant ...
... Banking (CCB) Operations business to evidence sound operational risk management and regulatory compliance. Operating under the CCOR Framework, you will partner closely with crossfunctional teams and ...
... Banking (CCB) Operations business to evidence sound operational risk management and regulatory compliance. Operating under the CCOR Framework, you will partner closely with crossfunctional teams and ...
Senior Associate - Operational Risk
New York, NY · Hybrid
$90K - $130K/yr
Minimum of five years of experience in Operational Risk Management (in asset management or banking industry preferred) * Undergraduate degree * Experience with operational risk management frameworks ...
Senior Associate - Operational Risk
New York, NY · Hybrid
$90K - $130K/yr
Minimum of five years of experience in Operational Risk Management (in asset management or banking industry preferred) * Undergraduate degree * Experience with operational risk management frameworks ...
Support the development, maintenance, and enhancement of the operational risk governance framework ... Founded in 1869, we are a leading global investment banking, securities and investment management ...
Support the development, maintenance, and enhancement of the operational risk governance framework ... Founded in 1869, we are a leading global investment banking, securities and investment management ...
Operational Risk Banking information
See salary details
$39K - $49.5K
5% of jobs
$49.5K - $60.1K
11% of jobs
$64.8K is the 25th percentile. Wages below this are outliers.
$60.1K - $70.6K
20% of jobs
The median wage is $78.3K / yr.
$70.6K - $81.2K
19% of jobs
$81.2K - $91.7K
16% of jobs
$97K is the 75th percentile. Wages above this are outliers.
$91.7K - $102.3K
7% of jobs
$102.3K - $112.8K
16% of jobs
$112.8K - $123.4K
5% of jobs
$123.4K - $133.9K
0% of jobs
$133.9K - $144.5K
0% of jobs
$144.5K - $155K
0% of jobs
$39K
$85.8K
$155K
How much do operational risk banking jobs pay per year?
How does the Operational Risk role in banking typically collaborate with other departments to manage risk effectively?
What are the key skills and qualifications needed to thrive as an Operational Risk professional in banking, and why are they important?
What is operational risk in banking?
What is the difference between Operational Risk Banking vs Credit Risk Analyst?
| Aspect | Operational Risk Banking | Credit Risk Analyst |
|---|---|---|
| Primary Focus | Identifying, assessing, and mitigating operational risks within banking processes | Evaluating the creditworthiness of borrowers and assessing credit risk |
| Required Credentials | Risk management certifications, banking experience | Finance or economics degrees, credit analysis certifications |
| Work Environment | Banking institutions, risk management departments | Financial institutions, credit departments |
| Industry Usage | Commonly used in banking risk management | Common 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.

Other
Medical, Dental, Vision, Life, Retirement, PTO
Posted 23 days ago
U.S. Bank rating
8.2
Based on 345 frontline employees who took The Breakroom Quiz
38th of 141 rated banks
Job description
At U.S. Bank, we're on a journey to do our best. Helping the customers and businesses we serve to make better and smarter financial decisions and enabling the communities we support to grow and succeed. We believe it takes all of us to bring our shared ambition to life, and each person is unique in their potential. A career with U.S. Bank gives you a wide, ever-growing range of opportunities to discover what makes you thrive at every stage of your career. Try new things, learn new skills and discover what you excel at-all from Day One.
Job DescriptionU.S. Bank is seeking an Operational Risk Review (ORR) Lead Analyst ("Lead Analyst") responsible for the execution of review activities within Independent Risk Review and Assessment (IRRA), a centralized second line of defense independent review function. This role offers an exciting opportunity to drive the continued growth, enhancement, and delivery of IRRA's operational risk review program.
ORR provides risk-based review and effective challenge of the Company's operational risk (inclusive of technology risk), and operational risk-related processes and controls associated with the products and services offered across all business lines and enabling functions. Based on the Company's enterprise risk taxonomy, in-scope operational risk categories include: Fraud, Operations, People, Security of Physical Assets, Third Party, Business Resiliency, Systems, Cyber/Information Security, Legal, Model, Conduct, Data Management, and Fiduciary. Objective risk mitigation, process, and control review activities include planning and scoping, design and execution, reporting and rating, and Issue creation and validation.
Key roles and responsibilities of the ORR Lead Analyst include working with business lines and other Risk, Compliance, and Audit professionals across the Company to evaluate processes and controls to ensure an effective risk management framework. The Lead Analyst is responsible for leading and executing projects and/or activities that confirm compliance with applicable federal, state and local laws and regulations, and is responsible for the identification of control and process weaknesses through review activities. If gaps are identified, the Lead Analysts will work with the ORR Manager to partner with the business line and Risk Management groups to recommend and influence solutions that mitigate operational risks. Further, the Lead Analyst is responsible for effective verbal and written communication of review results to the ORR Team Lead and/or Manager, and will respond to and/or escalate significant risks as appropriate.
The ORR Lead Analyst must demonstrate critical thinking, deliver effective project management, develop detailed and organized review materials, and engage in collaborative partnerships. While not a people manager, the Lead Analyst is responsible for coordination and oversight of review activities which may include coaching, feedback, etc., specific to the work completed by supporting Analysts.
Basic Qualifications
- Bachelor's degree, or equivalent work experience
- Typically more than six years of applicable experience
Preferred Skills/Experience
- Advanced knowledge of operational risks, including but not limited to Fraud, People, Third Party, Legal, Model, and Conduct, as well as industry trends that impact Bank operations.
- Advanced Risk, Compliance, and Audit competencies.
- Advanced understanding of the business line's operations, products, services, systems, and associated risks.
- Strong business acumen and credibility to help business line(s) proactively identify and address risks.
- Strong process facilitation, project management, and analytical skills.
- Excellent presentation, interpersonal, written and verbal communication skills.
- Proficient computer navigation skills using a variety of software packages, including Microsoft Office applications and word processing, spreadsheets, databases, and presentations.
- Applicable professional certifications (e.g., CRCM, CAMS, CPA, CIA, etc.) are preferred.
This role requires working from a U.S. Bank location three (3) or more days per week.
If there's anything we can do to accommodate a disability during any portion of the application or hiring process, please refer to ourdisability accommodations for applicants.
Benefits:
Our approach to benefits and total rewards considers our team members' whole selves and what may be needed to thrive in and outside work. That's why our benefits are designed to help you and your family boost your health, protect your financial security and give you peace of mind. Our benefits include the following:
Healthcare (medical, dental, vision)
Basic term and optional term life insurance
Short-term and long-term disability
Pregnancy disability and parental leave
401(k) and employer-funded retirement plan
Paid vacation (from two to five weeks depending on salary grade and tenure)
Up to 11 paid holiday opportunities
Adoption assistance
Sick and Safe Leave accruals of one hour for every 30 worked, up to 80 hours per calendar year unless otherwise provided by law
Review our full benefits available by employment status here.
U.S. Bank is an equal opportunity employer. We consider all qualified applicants without regard to race, religion, color, sex, national origin, age, sexual orientation, gender identity, disability or veteran status, and other factors protected under applicable law.
E-Verify
U.S. Bank participates in the U.S. Department of Homeland Security E-Verify program in all facilities located in the United States and certain U.S. territories. The E-Verify program is an Internet-based employment eligibility verification system operated by the U.S. Citizenship and Immigration Services. Learn more about theE-Verify program.
The salary range reflects figures based on the primary location, which is listed first. The actual range for the role may differ based on the location of the role. In addition to salary, U.S. Bank offers a comprehensive benefits package, including incentive and recognition programs, equity stock purchase 401(k) contribution and pension (all benefits are subject to eligibility requirements). Pay Range: $105,400.00 - $124,000.00U.S. Bank will consider qualified applicants with arrest or conviction records for employment. U.S. Bank conducts background checks consistent with applicable local laws, including the Los Angeles County Fair Chance Ordinance and the California Fair Chance Act as well as the San Francisco Fair Chance Ordinance. U.S. Bank is subject to, and conducts background checks consistent with the requirements of Section 19 of the Federal Deposit Insurance Act (FDIA). In addition, certain positions may also be subject to the requirements of FINRA, NMLS registration, Reg Z, Reg G, OFAC, the NFA, the FCPA, the Bank Secrecy Act, the SAFE Act, and/or federal guidelines applicable to an agreement, such as those related to ethics, safety, or operational procedures.
Applicants must be able to comply with U.S. Bank policies and procedures including the Code of Ethics and Business Conduct and related workplace conduct and safety policies.
Posting may be closed earlier due to high volume of applicants.
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About U.S. Bank
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U.S. Bank is a reputable and established financial institution that plays a significant role in the banking sector. With a history spanning over 150 years, U.S. Bank has built a strong foundation of trust and reliability. As a comprehensive bank, they offer a wide array of financial products and services to cater to the diverse needs of their customers, including individuals, businesses, and communities. Customer satisfaction is of utmost importance to U.S. Bank. They prioritize delivering exceptional service and fostering long-term relationships with their clients. Through their extensive network of branches and advanced digital banking platforms, U.S. Bank ensures convenient access to their services, empowering customers to manage their finances efficiently and securely.
Industry
Banking and credit intermediation
Company size
10,000+ Employees
Headquarters location
Minneapolis, MN, US
Year founded
1863