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Operations Risk Analyst Jobs in Saint Paul, MN (NOW HIRING)

Fraud Risk Analyst

Minneapolis, MN · On-site

$92K - $109K/yr

... risk and operations management associated with the product lines - Strong analytical skills ... relative to evaluating fraud prevention infrastructure and forecasting fraud loss trends - Strong ...

As our new Third Party Risk Analyst , you will play a critical role in protecting Anaplan by ... operations remain secure and resilient. This role requires a blend of analytical rigor, strong ...

Collaborate closely with operations, technology, risk management, and crossfunctional teams to validate rule effectiveness, conduct rootcause analysis, and ensure alignment with compliance and ...

This role will partner with product managers, operations, and technical teams to provide the data ... Risk Analysts play a key role in the identification, interpretation, transformation, and ...

This role will partner with product managers, operations, and technical teams to provide the data ... Risk Analysts play a key role in the identification, interpretation, transformation, and ...

This role will partner with product managers, operations, and technical teams to provide the data ... Risk Analysts play a key role in the identification, interpretation, transformation, and ...

... risk and operations management associated with the product lines - Strong analytical skills ... relative to evaluating fraud prevention infrastructure and forecasting fraud loss trends - Strong ...

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Operations Risk Analyst information

See Saint Paul, MN salary details

$39.8K

$87.5K

$158.1K

How much do operations risk analyst jobs pay per year?

As of Jul 14, 2026, the average yearly pay for operations risk analyst in Saint Paul, MN is $87,534.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,800.00 and $106,600.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Operations Risk Analyst, and why are they important?

To thrive as an Operations Risk Analyst, you need strong analytical skills, attention to detail, and a background in finance, risk management, or a related field, often supported by a relevant degree. Familiarity with risk assessment tools, data analysis software (such as Excel, SAS, or Python), and sometimes certifications like FRM or ORM are typically required. Excellent problem-solving abilities, communication skills, and the ability to work collaboratively with cross-functional teams distinguish top performers. These skills and qualities are crucial for accurately identifying, evaluating, and mitigating operational risks that can impact organizational performance and compliance.

What is the difference between Operations Risk Analyst vs Compliance Analyst?

AspectOperations Risk AnalystCompliance Analyst
Required CredentialsBachelor's in finance, risk management, or related field; certifications like FRM or CRMBachelor's in law, finance, or related; certifications like CCEP or CRCM
Work EnvironmentFinancial institutions, banks, insurance companiesFinancial services, banking, regulatory agencies
Employer & Industry UsageFocuses on identifying and mitigating operational risks within organizationsEnsures adherence to laws and regulations, managing compliance risks

The Operations Risk Analyst and Compliance Analyst roles share overlapping skills in risk assessment and industry knowledge but differ in focus. The Operations Risk Analyst concentrates on operational and financial risks within organizations, while the Compliance Analyst emphasizes regulatory adherence and legal risk management. Both roles are vital in financial sectors and often collaborate to ensure organizational stability and compliance.

What does an Operations Risk Analyst do?

An Operations Risk Analyst is responsible for identifying, assessing, and mitigating risks that could affect a company's day-to-day operations. They analyze business processes, review compliance with regulations, and develop strategies to minimize operational losses. Their work helps ensure that an organization can operate efficiently while reducing the likelihood of disruptions or financial losses due to internal or external risks.

What are some common challenges faced by Operations Risk Analysts, and how can they be addressed effectively?

Operations Risk Analysts often encounter challenges such as identifying emerging risks in rapidly changing business environments and ensuring compliance with evolving regulations. Managing large volumes of data and collaborating across multiple departments to gather accurate information can also be demanding. To address these challenges, it's important to stay updated on industry best practices, utilize risk management software, and maintain strong communication with cross-functional teams. Building strong analytical and interpersonal skills will help you navigate these complexities and contribute to creating robust risk mitigation strategies.
What are popular job titles related to Operations Risk Analyst jobs in Saint Paul, MN? For Operations Risk Analyst jobs in Saint Paul, MN, the most frequently searched job titles are:
What job categories do people searching Operations Risk Analyst jobs in Saint Paul, MN look for? The top searched job categories for Operations Risk Analyst jobs in Saint Paul, MN are:
What cities near Saint Paul, MN are hiring for Operations Risk Analyst jobs? Cities near Saint Paul, MN with the most Operations Risk Analyst job openings:
Infographic showing various Operations Risk Analyst job openings in Saint Paul, MN as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 84% Full Time, 8% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 6% Hybrid, and 12% Remote job distribution, with an average salary of $87,534 per year, or $42.1 per hour.
Business Risk Analyst

Business Risk Analyst

Old National Bank

Saint Louis Park, MN • On-site

$44K - $84K/yr

Other

Medical, Dental, Vision, Retirement

This job post has expired 1 day ago. Applications are no longer accepted.


Old National Bank rating

8.1

Company rating: 8.1 out of 10

Based on 37 frontline employees who took The Breakroom Quiz

51st of 149 rated banks


Job description

Business Risk Analyst
Job Locations US-MN-St Louis Park
Category/Function Operations Position Type Regular Full-Time Requisition ID 2026-20221 Workplace Type On Site
Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

We are currently seeking a first-line Business Risk Analyst to join our Business Risk Office. The ideal candidate for the Business Risk Analyst role will have an understanding of processes in Treasury Management, Payments, Commercial and Consumer Lending, Fulfillment, Operations and Servicing, Talent, as well as first, second or third line of defense risk management, process and control evaluation, design, and implementation.

The selected candidate will have the opportunity to support the Business Risk Manager in building risk and control activities in the first line of defense for the Consumer, Commercial and Shared Services space. This role will support Business Risk Officers who implement risk frameworks, serve as the first line of defense governance and control partners and should be skilled at collaboration. This supporting role will assist the BROs as they serve in advisory capacity in the design and implementation of action plans, control enhancements, and process design.

Salary Range

The salary range for this position is $44,700.00/yr - $84,500.00/yr. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

Support the Business Risk Office Team in initiatives including but not limited to:

    Support Risk and Control Programs across the segment, assisting Business Risk Officers (BROs) in the design and implementation of action plans, control enhancements and process design for business units.
  • Support in the preparation of training schedules and materials for Heightened Standards Framework implementation.
  • Management of Operational Losses under $10k including appropriate reclassification
  • Issues Management reporting, including generation of reports and maintaining accuracy and alignment of stakeholders; management and reporting of Self-Identified issues.
  • Continuous Improvement and Best Practices - proactively identify opportunities to streamline workflows, reduce operational risk and enhance control effectiveness across functional areas

Qualifications and Education Requirements

  • Bachelor's in Operations Management, Risk Management, Finance or a related field.
  • Minimum of 1 -2 years' experience in Banking or Financial Services risk management, audit, compliance, or operations.
  • Excellent communication, task-oriented, organization, technical and interpersonal skills.
  • Ability to work across cultural and geographic boundaries, adapting strategies to suit diverse markets.
  • Strategic and analytical thinker with a problem-solving mindset.
  • Strong organizational and project management skills.
  • Innovative, forward-thinking, and adaptable to change.
  • Comfortable in a fast-paced, evolving environment.

Key Measures of Success/Key Deliverables:

  • Timely completion of assigned projects and tasks

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