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Operational Risk Management Analyst Jobs in New York, NY

Cesna Group

Risk Management Analyst

Ridgefield Park, NJ · On-site

$50K - $100K/yr

Job Summary * - Provide support to risk managers for ongoing monitoring and reporting risk exposures * - Analyze existing and new business models and find out risks needed to be addressed * - Monitor ...

Initio Capital

Risk & Compliance Analyst

Manhattan, NY · Hybrid

$145K - $185K/yr

Job Summary Risk & Compliance Analyst Initio Capital Full-time, Part-time, Contract, Internship, Temporary, Casual Hybrid | New York, NY, United States The Opportunity Risk Management Analyst ...

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All JobsOperational Risk Management Analyst JobsOperational Risk Management Analyst Jobs in New York, NY

Operational Risk Management Analyst information

See New York, NY salary details

$42.7K

$93.9K

$169.6K

How much do operational risk management analyst jobs pay per year?

As of Sep 11, 2026, the average yearly pay for operational risk management analyst in New York, NY is $93,911.00, according to ZipRecruiter salary data. Most workers in this role earn between $71,700.00 and $114,300.00 per year, depending on experience, location, and employer.

What is the difference between Operational Risk Management Analyst vs Risk Analyst?

AspectOperational Risk Management AnalystRisk Analyst
CertificationsFRM, CRM, or similarFRM, CRM, or similar
Work EnvironmentFinancial institutions, corporations, insuranceFinancial services, consulting, insurance
Primary FocusIdentifying and mitigating operational risksAssessing and analyzing various types of risks

The Operational Risk Management Analyst and Risk Analyst roles share similar certifications and work environments, often within financial or corporate sectors. However, the Operational Risk Management Analyst specifically focuses on operational risks such as process failures, fraud, or system outages, while the Risk Analyst may evaluate a broader range of risks including market, credit, or strategic risks. Both roles require analytical skills and risk assessment expertise, but their scope and focus differ based on organizational needs.

Infographic showing various Operational Risk Management Analyst job openings in New York, NY as of September 2026, with employment types broken down into 100% Full Time. Highlights an 25% In-person, 50% Hybrid, and 25% Remote job distribution, with an average salary of $93,911 per year, or $45.1 per hour.

Operational Risk and Control Analyst

New York, NY • On-site

Network Temp Inc
See more jobs at Network Temp Incexternal

$75K - $110K/yr

Full-time

Re-posted 23 days ago

Key responsibilities

  • Coordinate and conduct Risk and Control Self-Assessment (RCSA), including Control Testing and maintaining Risk Registers.

  • Perform analyses of risk data, conduct deep dives on controls, and identify remediation for gaps to mitigate operational risks.

  • Prepare operational risk reports, facilitate reporting to senior management, and contribute to risk assessments and risk culture initiatives.

Job description

Description:

Your Role Overview:

Risk and Control Analyst is accountable for engaging in the proactive identification, escalation, and timely mitigation of operational risks. Responsible for administering Operational Risk and Control Self-Assessment (RCSA) including Control Testing and Risk Register. Participates in the design, supervision, and implementation of an RCSA program to provide support in identifying, assessing, monitoring, and escalating the risk assessments performed by the First Line of 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 through the 2nd line of defense oversight activities.
 

Your Duties and Responsibilities:

  1. Coordinate and conduct Risk and Control Self-Assessment (“RCSA”).
  2. Coordinate and conduct Vendor Risk Assessment, Model Risk Assessment, and Operational Risk Event (Business Continuity) Assessment.
  3. Conduct analyses of risk data to identify trends and potential areas of concern.
  4. Perform deep dives to assess the design and operational effectiveness of controls surrounding key technology and operations processes, and to identify remediation for gaps to mitigate risks.
  5. Challenge risks within scenario analysis.
  6. Maintain Risk Registers.
  7. Contribute to the New Product Approval process. 
  8. Research regulatory changes and/or risk trends applicable to area(s) of coverage.
  9. Assist in various Operational Risk related projects and initiatives.
  10. Proactively contribute to the risk culture and overall awareness of operational risk and contribute to the creation and delivery of operational risk management training and/or workshop sessions.
  11. Prepare operational risk reports, schedule meetings, takes notes, prepare minutes, and maintain files for ORM department.
  12. Provide analysis and coordination for the ORM department.
  13. Provide challenges on key indicators and material operational risks.
  14. Identify emerging operational risks in the context of the regulatory and business operation environment and assure that measures are being taken to mitigate these risks.
  15. Serve as a subject matter expert for operational risk and control assessments, and independently prepare a comprehensive report.
  16. Facilitate accurate and appropriate reporting of operational risks to senior management. 
  17. Analyze operational risk data (losses, metrics, or assessment results) to identify areas of excessive risk and to ensure that mitigation efforts are having the desired effect(s).
  18. Perform other duties and responsibilities as assigned by management.

Work schedule: 3 days onsite (Midtown Manhattan), 2 days remote

Requirements:

 Your Qualifications:

  1. Bachelor’s degree or equivalent. 
  2. A minimum of 4-5 years of prior operational risk management experience with a financial institution, including exposure to technology risk, information/cyber security risk, vendor risk and/or model risk management.
  3. Integrative thinking skills, basic risk management knowledge, good organizational, communication and influencing skills.
  4. Analytical and thorough approach to form defensible conclusions from risk assessments.
  5. Able to present to and respond effectively to internal and external stakeholders.
  6. Team-oriented with strong interpersonal skills, able to calmly manage conflict and pressure in a demanding, high-volume environment.
  7. Able to be flexible and capable of prioritizing based on changing internal or external demands.
  8. Good computer skills in Microsoft Office including Excel, Word, and PowerPoint.