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Operations Risk Specialist Jobs in Phoenix, AZ (NOW HIRING)

Depending on operational volume, this role will supervise one or more Power Only Risk Specialists. Key responsibilities include oversight of Power Only incident management, claims support, trailer ...

Risk Management Specialist

Phoenix, AZ Β· On-site +1

$29.96 - $44.94/hr

Reporting to the Chief Legal Officer and the Legal Operations Manager, the Risk Management Specialist processes all general liability and property damage claims and assists with the development of ...

Risk Management Specialist

Phoenix, AZ Β· Remote

$29.96 - $44.94/hr

Reporting to the Chief Legal Officer and the Legal Operations Manager, the Risk Management Specialist processes all general liability and property damage claims and assists with the development of ...

Deposit Operations Specialist

Phoenix, AZ Β· On-site

$18.50 - $23.47/hr

Description The Deposit Operations Specialist is responsible for the accurate and timely processing ... Partner with internal departments, including fraud, risk, compliance, treasury management, retail ...

Deposit Operations Specialist

Phoenix, AZ Β· On-site

$18.50 - $23.47/hr

The Deposit Operations Specialist is responsible for the accurate and timely processing of deposit ... risk, compliance, treasury management, retail operations, and customer support, to resolve issues ...

Deposit Operations Specialist

Phoenix, AZ Β· On-site

$18.50 - $23.47/hr

Description: The Deposit Operations Specialist is responsible for the accurate and timely ... risk, compliance, treasury management, retail operations, and customer support, to resolve issues ...

... risk and standardize network response to risk. The NOC Specialist is responsible for managing ... Operations leaders regarding shipment workflow status' Trials of new tools and systems and provide ...

... risk and standardize network response to risk. The NOC Specialist is responsible for managing ... Operations leaders regarding shipment workflow status' Trials of new tools and systems and provide ...

... risk and standardize network response to risk. The NOC Specialist is responsible for managing ... Operations leaders regarding shipment workflow status' β€’ Trials of new tools and systems and ...

... operational, and process-related risks. * Evaluates internal controls related to data integrity and fair lending compliance; develops and recommends corrective action plans and risk mitigation ...

Showing results 21-40

Operations Risk Specialist information

See Phoenix, AZ salary details

$37.7K

$99.8K

How much do operations risk specialist jobs pay per year?

As of Sep 12, 2026, the average yearly pay for operations risk specialist in Phoenix, AZ is $94,267.00, according to ZipRecruiter salary data. Most workers in this role earn between $97,800.00 and $97,800.00 per year, depending on experience, location, and employer.

What does an operations risk specialist do?

An Operations Risk Specialist is responsible for identifying, assessing, and mitigating risks within an organization's operational processes. They analyze workflows, review compliance with regulations, and develop strategies to minimize losses due to errors, fraud, or system failures. Their work often involves monitoring risk controls, preparing reports for management, and ensuring the company adheres to industry standards and best practices. By proactively managing operational risks, they help protect the organization's assets and reputation.

What are the key skills and qualifications needed to thrive as an operations risk specialist?

To thrive as an Operations Risk Specialist, you need strong analytical skills, risk management expertise, and a relevant degree in finance, business, or a related field. Familiarity with risk assessment software, regulatory compliance systems, and certifications such as FRM (Financial Risk Manager) or ORM (Operational Risk Management) are often required. Attention to detail, effective communication, and problem-solving abilities are vital soft skills for success in this role. These skills enable professionals to identify, assess, and mitigate operational risks, ensuring organizational resilience and regulatory compliance.

What are some typical challenges operations risk specialists face when implementing risk controls across departments?

Operations Risk Specialists often encounter challenges such as resistance to change from staff, differing risk appetites among departments, and difficulties in standardizing procedures across diverse business units. Effective communication and collaboration are key, as the role requires educating teams on risk management best practices while ensuring compliance with organizational policies. Navigating these challenges helps drive a culture of risk awareness and continuous improvement throughout the company.

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

AspectOperations Risk SpecialistCompliance Analyst
Required CredentialsBachelor's degree, certifications like FRM or CRM often preferredBachelor's degree, certifications like CCEP or CAMS common
Work EnvironmentFinancial institutions, banks, or corporations focusing on risk managementRegulatory agencies, financial firms, or corporations ensuring compliance
Employer & Industry UsageUsed in banking, finance, and insurance sectorsCommon in banking, finance, and corporate compliance departments
Search & Comparison IntentOften compared for risk management roles within operationsCompared for regulatory and compliance roles in finance

The Operations Risk Specialist focuses on identifying and mitigating operational risks within organizations, especially in financial sectors. In contrast, a Compliance Analyst ensures adherence to laws and regulations. While both roles require similar credentials and work in related environments, their core responsibilities differβ€”risk management versus regulatory compliance.

How much does an Operations Risk Specialist earn?

An Operations Risk Specialist typically earns between $60,000 and $100,000 annually, depending on experience, location, and industry. Senior roles or those with specialized certifications may earn higher salaries, and the job often requires strong analytical skills and knowledge of risk management tools.

Is operations risk specialist a good entry level job?

An operations risk specialist role can be suitable for entry-level candidates with strong analytical skills and attention to detail. It often requires understanding risk management principles and may involve using tools like Excel or risk assessment software. However, some positions may prefer candidates with relevant internships or certifications, making it important to review specific job requirements.

What cities near Phoenix, AZ are hiring for Operations Risk Specialist jobs?

Cities near Phoenix, AZ with the most Operations Risk Specialist job openings:

Infographic showing various Operations Risk Specialist job openings in Phoenix, AZ as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 12% Part Time, 1% Temporary, 2% Contract, and 1% Nights. Highlights an 94% Physical, 2% Hybrid, and 4% Remote job distribution, with an average salary of $94,267 per year, or $45.3 per hour.

Sr. Specialist, Risk Management Litigation

Phoenix, AZ β€’ On-site

CIM Group, LP
Finance and InsuranceΒ β€’Β 1 - 5K employees

$97K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 21 days ago


Job description

ABOUT CIM GROUP:
CIM is a community-focused real estate and infrastructure owner, operator, lender, and developer. Our team of experts works together to identify and create value in real assets, benefiting the communities in which we invest. Back in 1994, our three founders focused on projects in Southern California neighborhoods. Today, we are a diverse team of 900+ employees with projects across the Americas. Our projects have delivered jobs; created comfortable places to live, work, and relax; and provided necessary and sustainable infrastructure. Our focus on enhancing communities is unwavering, and we strive to make an even greater impact in the years to come. Join us and make an impact today!
POSITION PURPOSE:
An integral member of the Risk Management team supporting the Operations team in managing real estate assets. This position will be primarily focused on general liability claims and RMIS system management (60%) but will involve general risk management support such as generating COI's, working with lenders, obtaining quotes for new assets, processing of invoices, reviewing contract language and other duties as necessary to support departmental needs (40%).
ESSENTIAL FUNCTIONS:
  • Work closely with the IT department and external vendors to enhance and optimize the RMIS system, ensuring it meets the company's specific requirements and aligns with industry best practices.
  • Manage relationships with TPAs, ensuring effective communication, adherence to service level agreements, and quality control.
  • Claims Adjudication: Oversee the evaluation, investigation, and adjudication of complex claims, including those related to commercial, general liability and property. Provide guidance and support to adjusters and defense attorneys in claim resolution and settlement strategies.
  • Assess risk transfer opportunities to third-parties and draft all tender documents when risk transfer is identified.
  • Prepare and provide claim data for monthly and quarterly reports.
  • Monitor the performance of the TPAs, establishing performance metrics and conducting regular evaluations. Identify areas for improvement, implement corrective measures, and provide ongoing training to Operations team effectiveness and efficiency.
  • Compliance and Regulations: Stay updated with industry regulations, legal requirements, and emerging trends in risk management. Ensure compliance with regulatory standards and company policies, including timely reporting, documentation, and adherence to claims handling protocols.
  • Foster a customer-centric approach within the Risk Management Department, emphasizing prompt and accurate FNOL, coverage issues, claim investigations, timely response to litigation, and effective communication.
  • Collaboration: Collaborate with other departments, such as investments, development, legal, operations and IT, to ensure seamless operations and optimize overall department performance. Provide insights and recommendations to SVP of Risk Management.

NON-ESSENTIAL FUNCTIONS:
  • Support Risk Management team on various tasks required and cover on team members while out of office.

EDUCATION/EXPERIENCE REQUIREMENTS: (including certification, licenses, etc.)
  • Bachelor's degree in business, Insurance and Risk Management, or a related field (equivalent experience may be considered).
  • Minimum of 7 years of experience in claims heavy organization (4 years litigated claims experience) or claims supervisor at TPA, insurance carrier or broker, with a focus on commercial real estate organizations or construction, general liability litigation, and property.
  • Strong knowledge of claims handling processes, insurance industry regulations, and best practices.
  • Experience in managing claims systems (preferably Riskonnect) and processes.
  • Proficiency in using RIMIS software and related tools.
  • Experience working with TPA's is highly desirable.
  • Relevant professional certifications (e.g., AIC, CPCU) are a plus.

KNOWLEDGE, SKILLS AND ABILITIES:
  • Demonstrated excellent customer service skills and a passion to help others.
  • Ability to work independently and manage time effectively.
  • Proven experience with advanced Excel functions and data management.
  • Ability to work independently.
  • Exceptional organizational skills and a proactive mindset.

WHAT CIM OFFERS:
At CIM, we believe our success stems from our collective efforts, and we are committed to providing well-rounded support and resources for our employees. In addition to a competitive compensation plan, CIM offers a comprehensive benefits program for employees to thrive both inside and outside of work. Eligible employees can enjoy a wide range of benefits, including:
  • A variety of Medical, dental, and vision benefit plans
  • Health Savings Account with a generous employer contribution
  • Company paid life and disability insurance
  • 401(k) savings plan, with company match
  • Comprehensive paid time off, including: vacation days, 10 designated holidays, sick time, and bereavement leave
  • Up to 16 hours of volunteer time off
  • Up to 16 weeks of Paid Parental Leave
  • Ongoing professional development programs
  • Wellness program, including monthly and quarterly prizes
  • And more!

Actual base salary considers several factors including but not limited to geography, job-related knowledge, experience, and budget. The start of the salary range is typically associated with the minimum experience required.
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HOW WE FEEL ABOUT DIVERSITY AND INCLUSION:
At CIM Group, we believe that the unique perspectives and backgrounds of our employees enhance everything we do. We are committed to fostering an inclusive environment where diversity is not only respected but celebrated. We strive to ensure that our workplace is free from discrimination and harassment, allowing everyone to contribute meaningfully and feel a sense of belonging. As an equal opportunity employer, we strictly prohibit any form of unlawful discrimination and adhere to the laws enforced by the EEOC. Our goal is to provide a safe and supportive environment where all employees can grow and make impactful contributions together.
*Applicants with disabilities may be entitled to reasonable accommodation under the terms of the Americans with Disabilities Act and certain state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on CIM Group. Please inform our Talent team if you need any assistance completing any forms or to otherwise participate in the application process.
CIM is committed to maintaining the confidentiality and privacy of your personal and financial information. Please click here for our Privacy Policy.
CIM does not accept unsolicited resumes from Agencies. Any unsolicited resumes received from Agencies will be considered property of CIM and no fees will be due or paid. If you wish to become an approved Agency with CIM or any of its Affiliates, please contact a member of the CIM Talent Acquisition Team.