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Operational Risk Jobs in Phoenix, AZ (NOW HIRING)

Apex Systems

Risk Manager

Chandler, AZ · On-site

Perform risk assessments to identify control gaps, operational risks, and compliance concerns. * Review and challenge existing processes and procedures to improve control effectiveness and reduce ...

OMC

Risk Director

Phoenix, AZ · On-site

Operational Risk Oversight * Identify, quantify, and monitor operational risks across safety, project delivery, subcontractor performance, and financial exposure. * Develop a "lessons learned ...

OMC

Risk Director

Phoenix, AZ · On-site

Operational Risk Oversight * Identify, quantify, and monitor operational risks across safety, project delivery, subcontractor performance, and financial exposure. * Develop a "lessons learned ...

Peraton

Risk and Vulnerability Analyst

Chandler, AZ · On-site

$80K - $128K/yr

Support 24x7 SOC operations by performing continuous vulnerability monitoring and risk analysis. * Execute vulnerability assessments using industry-standard scanning tools across networks, systems ...

Peraton

Risk and Vulnerability Analyst

Chandler, AZ · On-site

$80K - $128K/yr

Support 24x7 SOC operations by performing continuous vulnerability monitoring and risk analysis. * Execute vulnerability assessments using industry-standard scanning tools across networks, systems ...

Peraton

Risk and Vulnerability Analyst

Chandler, AZ

$80K - $128K/yr

Support 24x7 SOC operations by performing continuous vulnerability monitoring and risk analysis. * Execute vulnerability assessments using industry-standard scanning tools across networks, systems ...

Northern Trust

Risk Treatment Specialist

Tempe, AZ · On-site

$108K - $185K/yr

Operational Risk, Financial Risk, Cyber Resilience, Cybersecurity, Risk Management, IT Risk and Control, and/or IT Audit * Strong working knowledge of the inherent risks in the financial services ...

Northern Trust

Risk Treatment Specialist

Tempe, AZ · Hybrid

$108K - $185K/yr

Operational Risk, Financial Risk,Cyber Resilience, Cybersecurity, Risk Management, IT RiskandControl, and/or IT Audit * Strong working knowledge of theinherentrisksin the financial services industry

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All JobsOperational Risk JobsOperational Risk Jobs in Phoenix, AZ

Operational Risk information

See Phoenix, AZ salary details

$38.7K

$85.2K

$153.9K

How much do operational risk jobs pay per year?

As of Jul 21, 2026, the average yearly pay for operational risk in Phoenix, AZ is $85,231.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,000.00 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 Phoenix, AZ? The most popular types of Operational Risk jobs in Phoenix, AZ are:
What are popular job titles related to Operational Risk jobs in Phoenix, AZ? For Operational Risk jobs in Phoenix, AZ, the most frequently searched job titles are:
What job categories do people searching Operational Risk jobs in Phoenix, AZ look for? The top searched job categories for Operational Risk jobs in Phoenix, AZ are:
Operational Risk jobs near you
Infographic showing various Operational Risk job openings in Phoenix, AZ as of July 2026, with employment types broken down into 87% Full Time, 11% Part Time, and 2% Contract. Highlights an 93% Physical, 2% Hybrid, and 5% Remote job distribution, with an average salary of $85,231 per year, or $41 per hour.
Senior Business Reporting Analyst, Credit & Energy Risk

Senior Business Reporting Analyst, Credit & Energy Risk

Clearway Energy

Scottsdale, AZ • Hybrid

Other

Posted 18 days ago

Job description

What The Role Is

The Senior Business Reporting Analyst of Credit and Energy Risk will reside within the middle-office function supporting the risk management of energy marketing and trading activities across Clearway's portfolio of renewable and conventional generation assets. This position will focus on streamlined reporting of key risk metrics to key stakeholders and on the automation/development of the Risk Team's day-to-day energy risk, operational risk, credit risk, and enterprise risk activities. The Senior Business Reporting Analyst will ensure the management and quality of data are sound, enabling effective reports and visuals, and ensuring data analysis is intuitive and supports informed decision-making.  This role reports to the Senior Manager, Credit & Energy Risk. 

This hybrid role will be located in our Scottsdale, AZ office.

If you don't meet 100% of the qualifications but see yourself contributing, please submit your resume.

What You'll Be Doing

  • Developing and supporting the middle office function by establishing and enhancing effective processes and procedures through data automation efforts.
  • Leveraging a strong baseline understanding of IT infrastructure to manage, construct, and analyze large data volumes housed (predominantly) within the Clearway ETRM but also originating from S&P, Moody's, Clearway's internal contract system, etc.
  • Transforming large data volumes into key reports/visuals originating from Power BI, PowerPoint, and/or HEX.
  • Creating and maintaining clear, concise, and illustrative dashboards that present positions and exposures for Clearway, including a) credit exposures associated with mark-to-market of energy hedges, RECs, HRCOs, and RA; b) Value at Risk; c) scenario/sensitivity analysis; d) exposure against position limits.
  • Reporting credit exposures, positions, risk assessments, operational risk issues, and performance in a timely and accurate fashion to senior management and members of the Energy Risk Committee.
  • Working collaboratively with Front Office and Back Office staff to achieve productive outcomes for the enterprise.
  • Preparing polished, best-in-class materials for the Energy Risk Committee, Monthly Enterprise Reviews, Monthly Compliance Discussions, TQR Technology Advisory Panel Discussions, etc.
  • Utilizing Clearway's Energy Trading and Risk Management ("ETRM") as a source for risk management and risk reporting.
  • Using Artificial Intelligence ("AI") to provide scenario-based evaluations, improve workflows, review content for accuracy, etc.

What You'll Bring

  • Bachelor's Degree in IT, economics, finance, business, or related discipline.
  • 2-4 years of middle office operational experience with credit and/or market risk knowledge in an energy trading or commodity environment.
  • Risk reporting experience derived from energy trading risk management (ETRM) systems.
  • Detail and process-oriented mindset with the ability to lead initiatives.
  • Communication skills; ability to relay complex issues in a digestible, executive-level format.
  • Willingness to take on a task or project proactively.

What Would Be Nice

  • Direct renewable energy experience
  • Knowledge of power markets (ERCOT, CAISO, PJM)
  • CPA/CFA designation (or progress towards)
  • Advanced Excel skills, Power BI and/or HEX reporting, Python programming, SQL automation

Clearway will not sponsor non-immigrant visas for this position (H-1B, TN, E-3, etc.).

Apply