ZipRecruiter

Log In

1

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

loanDepot

Fair Lending Specialist, Sr

Chandler, AZ · On-site +1

... 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 ...

Osaic

Operations Processing Specialist

Scottsdale, AZ · On-site

$43K - $48K/yr

... Services Operations Processing Specialist New Graduates Will Be Considered Location(s): Atlanta ... Continuously monitor for risk and escalate potential compliance issues when identified * Apply ...

Osaic

Operations Processing Specialist

Scottsdale, AZ · On-site

$43K - $48K/yr

... Services Operations Processing Specialist New Graduates Will Be Considered Location(s): Atlanta ... Continuously monitor for risk and escalate potential compliance issues when identified * Apply ...

Osaic

Operations Processing Specialist

Scottsdale, AZ · Hybrid

$43K - $48K/yr

... Services Operations Processing Specialist New Graduates Will Be Considered Location(s): Atlanta ... Continuously monitor for risk and escalate potential compliance issues when identified * Apply ...

previous page

Showing results 41-60

All JobsOperations Risk Specialist JobsOperations Risk Specialist Jobs in Phoenix, AZ

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 differ—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:

Operations Risk Specialist jobs near you
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.

Fair Lending Specialist, Sr

Chandler, AZ • On-site, Remote

loanDepot
Finance and Insurance • 5 - 10K employees
Learn more about loanDepotexternal

Full-time

Medical, Dental, Vision, PTO

Re-posted 3 days ago

loanDepot rating

7.9

Company rating: 7.9 out of 10

Based on 19 frontline employees who took The Breakroom Quiz

Job description

Description
Position at loanDepot
Position Summary:
Responsible for executing fair lending risk management initiatives, including performance analytics, peer benchmarking, monitoring ECOA compliance, and tracking and reviewing fair lending and UDAAP complaints. Supports the development and documentation of processes and procedures related to fair lending compliance.
Responsibilities:
  • Prepares monthly reports / findings of internal data integrity testing, system and process issues to Fair & Responsible Lending Officer to ensure the accuracy and effectiveness of Fair Lending / Servicing analyses.
  • Conducts complex fair lending performance analyses, including trend analysis of higher risk factors, and independently determines material issues requiring escalation to manager.
  • Interprets analytical findings to perform root cause analysis and formulates strategic, data-driven recommendations to address systemic, 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 strategies to ensure the accuracy of data utilized in fair lending monitoring and analysis.
  • Reviews and validates data used in fair lending monitoring and analysis, establishing methodologies to ensure accuracy, consistency, and reliability.
  • Develops and executes risk-based file review methodologies to identify fair lending risk, including evaluation of system data accuracy and documentation.
  • Serves as a key contributor for regulatory examinations, internal audits, and other fair lending initiatives as needed.
  • Performs advanced regulatory compliance reviews under Regulation B / ECOA, applying expert judgment to assess the accuracy of loan dispositions, consumer notifications, and reporting accuracy.
  • Independently evaluates organizational compliance with regulatory requirements, including notification timing, adverse action accuracy, and procedural adherence, and recommends enhancements.
  • Analyzes Community Reinvestment Act (CRA) performance for applicable state-based requirements, including data requirements, performance analysis including demographic parity, peer comparisons, and advises manager of risk exposure.
  • Maintains effective working relationships with internal business partners and provides technical assistance and information as needed to ensure effective data capture within internal system.
  • Maintains deep expertise in applicable laws, regulations, regulatory guidance, and industry trends; proactively integrates regulatory developments and enforcement actions into fair and responsible lending monitoring activities.
  • Leads or contributes to strategic initiatives and cross-functional projects within the Fair and Responsible Lending team that enhance fair lending compliance initiatives and organizational risk management capabilities.

Requirements
  • Bachelor's Degree preferred and/or minimum of five (5) + years fair lending compliance experience in mortgage required.
  • Ability to respond quickly to a changing environment.
  • Ability to work independently, prioritize workload and balance multiple duties.
  • Ability to work well with others and take on projects outside of current core competencies.
  • Analytical, detailed and results oriented.
  • Demonstrates strong working knowledge of applicable federal and multi-state regulatory requirements as related to this position.
  • Demonstrates working knowledge of regulatory requirements, including but not limited to: Regulation B (Equal Credit Opportunity Act), Fair Housing Act, UDAAP and Dodd-Frank Regulatory Reform Act, is desired as related to origination and reporting of mortgage loans. This includes record retention requirements for Mortgage loans.

Why work for #teamloanDepot:
  • Aggressive compensation package based on experience and skill set.
  • Inclusive, diverse, and collaborative culture where people from all backgrounds can thrive.
  • Work with other passionate, purposeful, and customer-centric people.
  • Extensive internal growth and professional development opportunities including tuition reimbursement.
  • Comprehensive benefits package including Medical/Dental/Vision.
  • Wellness program to support both mental and physical health.
  • Generous paid time off for both exempt and non-exempt positions.

About loanDepot:
loanDepot (NYSE: LDI) is a digital commerce company committed to serving its customers throughout the home ownership journey. Since its launch in 2010, loanDepot has revolutionized the mortgage industry with a digital-first approach that makes it easier, faster, and less stressful to purchase or refinance a home. Today, loanDepot enables customers to achieve the American dream of homeownership through a broad suite of lending and real estate services that simplify one of life's most complex transactions. With headquarters in Southern California and offices nationwide, loanDepot is committed to serving the communities in which its team lives and works through a variety of local, regional, and national philanthropic efforts.
Base pay is one part of our total compensation package and is determined within a range. This provides the opportunity to progress as you grow and develop within a role. The base pay for this role is between $28.85 and $50.24. Your base pay will depend on multiple individualized factors, including your job-related knowledge/skills, qualifications, experience, and market location.
We are an equal opportunity employer and value diversity in our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

What loanDepot employees say

Pay

Benefits

Hours and flexibility

Workplace

Get the full story on Breakroom

Apply