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Operational Risk Jobs in Rhode Island (NOW HIRING)

washingtontrust

Credit Risk Analyst

Providence, RI · On-site

$75K - $85K/yr

The successful candidate will serve as a key resource for commercial loan documentation, regulatory compliance, operational controls, and risk management matters while supporting the Bank ...

washingtontrust

Credit Risk Analyst

Providence, RI · On-site

$75K - $85K/yr

The successful candidate will serve as a key resource for commercial loan documentation, regulatory compliance, operational controls, and risk management matters while supporting the Bank ...

Smith & Wilkinson

Enterprise Risk Manager

Middletown, RI · On-site

The Enterprise Risk Manager will report directly to the EVP, Chief Legal and Compliance Officer and oversee the continued development and day-to-day operation of the Bank's enterprise risk management ...

New

BankNewport

Enterprise Risk Manager

Middletown, RI · On-site

Provide ongoing operational risk consultation to partners to influence process changes and management support with balanced and effective solutions. * Strategy Development & Implementation:

BankNewport

Enterprise Risk Manager

Middletown, RI · On-site

Provide ongoing operational risk consultation to partners to influence process changes and management support with balanced and effective solutions. * Strategy Development & Implementation:

Robert Half

Operations Processor

Lincoln, RI · On-site

$19 - $22/hr

In this role, you will help maintain accurate payment processing, resolve account-related issues, and support operational controls that reduce risk and improve efficiency. This opportunity is well ...

Moneycorp

Compliance Manager

Providence, RI · On-site

In this role, you will maintain a strong operational risk and control environment, ensuring compliance with regulatory requirements and banking partner obligations while supporting business growth ...

Moneycorp

Compliance Manager

Providence, RI · On-site

In this role, you will maintain a strong operational risk and control environment, ensuring compliance with regulatory requirements and banking partner obligations while supporting business growth ...

Moneycorp

Compliance Manager

Providence, RI · On-site +1

In this role, you will maintain a strong operational risk and control environment, ensuring compliance with regulatory requirements and banking partner obligations while supporting business growth ...

Moneycorp

Compliance Manager

Providence, RI · On-site

In this role, you will maintain a strong operational risk and control environment, ensuring compliance with regulatory requirements and banking partner obligations while supporting business growth ...

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Showing results 1-20

All JobsOperational Risk JobsOperational Risk Jobs in Rhode Island

Operational Risk information

See Rhode Island salary details

$38.2K

$84.1K

$151.8K

How much do operational risk jobs pay per year?

As of Aug 29, 2026, the average yearly pay for operational risk in Rhode Island is $84,064.00, according to ZipRecruiter salary data. Most workers in this role earn between $64,100.00 and $102,300.00 per year, depending on experience, location, and employer.

What is operational risk?

Operational risk refers to the potential for losses resulting from inadequate or failed internal processes, people, systems, or external events. Unlike credit or market risk, operational risk is related to the day-to-day operations of a business and can include issues such as fraud, system failures, natural disasters, or human error. Managing operational risk is essential for organizations to ensure business continuity, regulatory compliance, and to protect their reputation and assets.

How does an operational risk professional typically interact with other departments within an organization?

Operational Risk professionals work closely with a variety of teams, such as compliance, internal audit, IT, and business units, to identify and assess risks that could impact the organization's operations. They often facilitate risk assessments, lead training sessions on risk awareness, and collaborate on developing controls and mitigation strategies. Building strong relationships and communicating effectively across departments is essential, as much of the role involves influencing others and ensuring risk management practices are integrated into daily operations.

What are the key skills and qualifications needed to thrive as an operational risk professional, and why are they important?

To thrive as an Operational Risk professional, you need strong analytical skills, risk assessment expertise, and a background in finance, business, or risk management, often supported by relevant certifications such as FRM or ORM. Familiarity with risk management frameworks, data analysis tools, and governance, risk, and compliance (GRC) systems is typically required. Exceptional communication, attention to detail, and problem-solving abilities are crucial soft skills for identifying risks and collaborating across departments. These skills ensure that operational risks are effectively identified, assessed, and mitigated, protecting the organization from potential losses and regulatory issues.

What is the difference between Operational Risk vs Credit Analyst?

AspectOperational RiskCredit Analyst
Required CredentialsCertifications like FRM, PRM often preferredCertifications such as CFA, credit-specific courses
Work EnvironmentBanking, financial institutions, risk management departmentsBanking, lending institutions, financial services
Employer & Industry UsageUsed across financial sectors to manage risksUsed in lending to assess creditworthiness
Comparison Search IntentUnderstanding risk management rolesAssessing credit risk and loan eligibility

Operational Risk focuses on identifying and mitigating risks within business operations, including processes, systems, and people. Credit Analysts evaluate the creditworthiness of individuals or companies to determine loan eligibility. While both roles are within the financial industry, Operational Risk professionals concentrate on risk management frameworks, whereas Credit Analysts focus on credit assessment and lending decisions.

Is operational risk management a good career?

Operational risk management is a valuable career path in finance and banking, focusing on identifying and mitigating risks related to daily business operations. It requires strong analytical skills, knowledge of risk frameworks, and often certifications like FRM or ORM. The role offers opportunities for advancement and stability in regulated industries.

What are the most commonly searched types of Operational Risk jobs in Rhode Island?

The most popular types of Operational Risk jobs in Rhode Island are:

What are popular job titles related to Operational Risk jobs in Rhode Island?

For Operational Risk jobs in Rhode Island, the most frequently searched job titles are:

What job categories do people searching Operational Risk jobs in Rhode Island look for?

The top searched job categories for Operational Risk jobs in Rhode Island are:

Operational Risk jobs near you
Infographic showing various Operational Risk job openings in Rhode Island as of August 2026, with employment types broken down into 91% Full Time, 8% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $84,064 per year, or $40.4 per hour.

Credit Risk Analyst

Providence, RI • On-site

washingtontrust
See more jobs at washingtontrustexternal

$75K - $85K/yr

Full-time

Posted 10 days ago

Job description

Credit Risk Analyst

Washington Trust has an opportunity for an experienced commercial credit administration professional to join our Credit Risk team as a Commercial Credit Administration Manager/Analyst. This role is responsible for overseeing commercial loan documentation quality control, credit administration functions, operational risk management processes, and staff development within the Credit Risk function. The successful candidate will serve as a key resource for commercial loan documentation, regulatory compliance, operational controls, and risk management matters while supporting the Bank's commitment to strong credit governance and sound risk management practices.

 

Why Washington Trust

At Washington Trust, your work has visible impact; on our customers, our colleagues, and the communities we serve. This role offers the opportunity to contribute to strong credit governance, support effective commercial lending operations, and help lead process improvement within a relationship-focused community banking environment. The Commercial Credit Administration Manager will work closely with Credit Risk, Commercial Banking, internal partners, auditors, and other stakeholders to support well-controlled, compliant, and efficient lending processes.

 

In this role, you'll have the opportunity to:

  • Lead commercial loan documentation quality control efforts, ensuring documentation is accurate, complete, and compliant with approved loan terms, regulatory requirements, and Bank policies.
  • Oversee key credit administration processes, including documentation exception management, annual borrower reviews, credit risk reporting, and support for criticized and workout assets.
  • Serve as a subject matter expert on commercial loan documentation, operational controls, regulatory compliance, and risk management matters.
  • Support internal and external audits, regulatory examinations, record retention requirements, and operational risk management initiatives.
  • Partner with Commercial Banking and other internal stakeholders to ensure effective loan documentation, collateral management, and process execution.
  • Lead system administration, access management, vendor oversight, and other operational support activities in accordance with Bank policies and information security standards.
  • Supervise, coach, and develop team members while fostering a culture of accountability, collaboration, and continuous improvement.

 

Key Qualifications

  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field preferred.
  • 5+ years of experience in commercial banking, credit administration, loan operations, or commercial loan documentation.
  • Strong knowledge of commercial lending documentation, collateral perfection, UCC filings, flood regulations, and related compliance requirements.
  • Experience supporting internal and external audits, regulatory examinations, and risk management activities.
  • Demonstrated leadership experience with the ability to supervise, coach, and develop employees.
  • Strong analytical, organizational, and problem-solving skills with exceptional attention to detail.
  • Excellent written and verbal communication skills and the ability to collaborate effectively across business lines.
  • Proficiency with commercial loan systems and Microsoft Office applications.

 

Compensation

A good-faith, reasonable estimate of the base salary range for this role is $75,000 - $85,000, and the actual offer will depend on factors such as experience, skills, training, certifications, and education. This base salary reflects one component of our competitive compensation package. This position may be eligible for an annual bonus and includes a comprehensive benefits package.

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