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Operational Risk Jobs in Dallas, TX (NOW HIRING)

Simmons Bank

Operational Risk Manager

Dallas, TX · On-site

Position Summary Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls ...

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Operational Risk information

See Dallas, TX salary details

$38.7K

$85.3K

$154K

How much do operational risk jobs pay per year?

As of Jul 19, 2026, the average yearly pay for operational risk in Dallas, TX is $85,277.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,100.00 and $103,800.00 per year, depending on experience, location, and employer.

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 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.

What are the 4 operational risks?

Operational risk in the context of operational risk roles refers to the potential for loss resulting from inadequate or failed internal processes, people, systems, or external events. The four main types are process risk, people risk, systems risk, and external event risk. Managing these risks involves implementing controls, monitoring, and compliance measures to minimize impact.

What is the highest paying risk management job?

The highest paying risk management roles are often senior positions such as Chief Risk Officer (CRO) or Director of Risk Management, with salaries exceeding $200,000 annually. These roles require extensive experience, advanced certifications like FRM or PRM, and strong leadership skills in overseeing enterprise-wide risk strategies.

What is an operational risk job?

An operational risk job involves identifying, assessing, and managing risks arising from internal processes, people, systems, or external events that could disrupt business operations. Professionals in this field analyze data, develop risk mitigation strategies, and often use tools like risk management software to ensure organizational stability and compliance.

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 risk advisory a good career?

Risk advisory is a viable career path within the broader field of operational risk management, focusing on identifying and mitigating organizational risks. It often requires strong analytical skills, knowledge of industry regulations, and certifications such as FRM or CRM. The role offers opportunities for advancement and specialization in areas like compliance, cybersecurity, and financial risk.

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 are the most commonly searched types of Operational Risk jobs in Dallas, TX? The most popular types of Operational Risk jobs in Dallas, TX are:
What are popular job titles related to Operational Risk jobs in Dallas, TX? For Operational Risk jobs in Dallas, TX, the most frequently searched job titles are:
What job categories do people searching Operational Risk jobs in Dallas, TX look for? The top searched job categories for Operational Risk jobs in Dallas, TX are:
What cities near Dallas, TX are hiring for Operational Risk jobs? Cities near Dallas, TX with the most Operational Risk job openings:
Operational Risk jobs near you
Infographic showing various Operational Risk job openings in Dallas, TX as of July 2026, with employment types broken down into 89% Full Time, 10% Part Time, and 1% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $85,277 per year, or $41 per hour.
Operational Risk Manager

Operational Risk Manager

Simmons Bank

Dallas, TX • On-site

Full-time

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

Simmons Bank rating

7.6

Company rating: 7.6 out of 10

Based on 20 frontline employees who took The Breakroom Quiz

85th of 149 rated banks

Job description

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

Position Summary

Responsible for the development and execution of the Operational Risk Framework to enable the Bank to effectively identify operational risk, maintain effective systems and controls to minimize operational losses, and safeguard its reputation. Leads and mentors risk management team in the development and execution of risk frameworks, works closely with business units to support risk-aware decision making, enhancement of organizational resiliency, and ensures alignment with enterprise strategy. Responsible for presenting comprehensive risk insights to executive and board-level stakeholders and ensuring continuous improvement of risk management practices across the organization.

Essential Duties and Responsibilities

  • Directs the creation, review, and continuous improvement of Operational Risk Management policies and frameworks across the organization.

  • Establishes and oversees processes for identifying, assessing, and prioritizing Operational Risks organization-wide, including Risk and Control Self-Assessments (RCSA) and Scenario Analysis.

  • Responsible for the development, execution, and oversight of risk mitigation tracking processes and supporting business units in validating effective risk controls are in place.

  • Monitor, analyze, and report on operational risk exposures to management and the board, providing actionable insights and recommendations.

  • Designs and executes risk management communication and training strategies. Supports enterprise-wide operational risk culture change initiatives.

  • Selects, implements, and optimizes GRC systems; leads tool adoption and integration.

  • Establishes a culture of proactive problem-solving; Anticipates organizational risks and develops innovative, enterprise-wide solutions for complex challenges.

  • Other duties as assigned.

Qualifications

To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required.

Skills

  • Demonstrates exceptional communication skills at the executive and board level; crafts and delivers high-impact presentations; represents the Operational Risk function in external and high-stakes internal engagements.

  • Builds consensus among senior leadership and external partners; drives enterprise-wide Operational Risk initiatives through influence and strategic partnerships; acts as a trusted advisor on risk matters.

  • Leads advanced analytics initiatives; develops new methodologies and provides strategic insights to leadership.

  • Sets quality standards for the team; implements controls to ensure accuracy and compliance.

  • Designs and presents to executive leadership and external stakeholders; recognized as a thought leader.

Education and/or Experience

  • Advanced degree (Master's, MBA, or equivalent) required

  • 8+ years of relevant experience in banking or financial services, including significant leadership and strategic responsibilities.

  • 5+ years of direct risk management or related experience, with extensive leadership in risk management functions and cross-functional teams. Recognized as a subject matter expert and thought leader in risk management.

Computer Skills

  • MS Office programs

  • Advanced GRC and Analytics Tools

Certificates, Licenses, Registrations

  • Risk Management Certification (CREP or similar) preferred

Other Qualifications (including physical requirements)

Other

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Activities, duties and responsibilities may change at any time with or without notice.

Skills Training

  • Communication

  • Time Management

  • Critical Thinking

Equal Employment Opportunity Information: Simmons First National Corporation and its subsidiaries are committed to a policy of equal employment with respect to a person's race, color, religion, sex, ancestry, sexual orientation, gender identity, national origin, covered veterans, military status, physical or mental disability or any other legally protected classifications.

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