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Senior Operational Risk Analyst Jobs in Utah (NOW HIRING)

... operational stability. The department develops and implements the risk framework, policies ... Support senior leadership in partnering with broader business units to assess data availability ...

... operational stability. The department develops and implements the risk framework, policies ... Support senior leadership in partnering with broader business units to assess data availability ...

Risk Analyst

Draper, UT · Hybrid

$60K - $107K/yr

... operational stability. The department develops and implements the risk framework, policies ... and analyzing financial data and GAAP financial statement * 2 years of experience with Microsoft ...

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Senior Operational Risk Analyst information

See Utah salary details

$48.7K

$100K

$129.7K

How much do senior operational risk analyst jobs pay per year?

As of Jun 18, 2026, the average yearly pay for senior operational risk analyst in Utah is $100,001.00, according to ZipRecruiter salary data. Most workers in this role earn between $82,400.00 and $124,700.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Senior Operational Risk Analyst, and why are they important?

A Senior Operational Risk Analyst must have strong analytical skills, in-depth knowledge of risk management frameworks, and a relevant degree such as finance, business, or risk management. Proficiency with risk assessment software, data analytics tools (like SAS or Excel), and certifications such as FRM or ORM are commonly required. Outstanding communication, attention to detail, and problem-solving abilities help them collaborate effectively and deliver actionable insights. These skills ensure accurate risk identification, effective mitigation strategies, and compliance with regulatory standards.

What is the difference between Senior Operational Risk Analyst vs Operational Risk Analyst?

AspectSenior Operational Risk AnalystOperational Risk Analyst
Required CredentialsBachelor's degree, professional certifications (e.g., ORM, FRM)Bachelor's degree, some certifications preferred
Work EnvironmentFinancial institutions, large corporations, risk management teamsFinancial firms, banks, insurance companies
Employer & Industry UsageUsed in senior roles within risk departmentsEntry to mid-level roles in risk management
Common Search & ComparisonOften compared for career progressionBase role for operational risk careers

The main difference between a Senior Operational Risk Analyst and an Operational Risk Analyst lies in experience, responsibilities, and seniority. The senior role typically involves more complex risk assessments, leadership, and strategic input, while the operational risk analyst focuses on data collection, analysis, and supporting risk management processes. Both roles are essential in financial and corporate sectors, with the senior position representing a step up in expertise and scope.

What does a Senior Operational Risk Analyst do?

A Senior Operational Risk Analyst is responsible for identifying, assessing, and mitigating risks that could affect an organization’s operations. They analyze internal processes, monitor compliance with regulations, and develop strategies to minimize potential losses or disruptions. In this role, they collaborate with various departments to ensure effective risk management and provide recommendations for improving controls. Their expertise helps protect the organization from financial, reputational, and operational harm.

How does a Senior Operational Risk Analyst typically collaborate with other departments to identify and mitigate risks?

A Senior Operational Risk Analyst works closely with departments such as compliance, internal audit, IT, and business units to identify, assess, and monitor operational risks. This collaboration often involves regular meetings, risk workshops, and sharing of data or incident reports to ensure all potential risks are captured and managed effectively. The analyst also helps develop and implement risk mitigation strategies, offering guidance and training to staff across teams. Effective communication and relationship-building are essential, as the role often requires balancing diverse perspectives to support the organization's risk management objectives.
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What job categories do people searching Senior Operational Risk Analyst jobs in Utah look for? The top searched job categories for Senior Operational Risk Analyst jobs in Utah are:
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Operational Risk Analyst - Draper, UT Hybrid or Remote

Operational Risk Analyst - Draper, UT Hybrid or Remote

UnitedHealth Group

Draper, UT • Hybrid

Full-time

Retirement

Posted 6 days ago


UnitedHealth Group rating

7.6

Company rating: 7.6 out of 10

Based on 141 frontline employees who took The Breakroom Quiz

187th of 873 rated healthcare providers


Job description

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.


The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data, and resources they need to feel their best. You will work in the Optum division of UnitedHealth Group.  Optum delivers care aided by technology and data, empowering people, partners and providers with the guidance and tools they need to achieve better health. UnitedHealthcare offers a full range of health benefits, enabling affordable coverage, simplifying the health care experience, and delivering access to high-quality care.


Come make an impact on the communities we serve as we help advance health equity on a global scale. Here, you will find talented peers, comprehensive benefits, a culture guided by diversity and inclusion, career growth and opportunities.


Reporting to the Director Operational risk, the Operational Risk Analyst supports the Second line of Defense risk management department in accordance with US regulations, bank policies and industry practices for Risk Management.


This role assesses, identifies, controls, manages, and mitigates risks to operational processes and additional operational categories that could impede strategic, reputational, security, or financial success of the bank. The Analyst will be responsible for supporting execution of the various Operational Risk programs across multiple businesses and functions of the bank. This role requires a self-starter that can liaise with stakeholders across business units and support functions in the bank. Familiarity with the concepts of operational risk, the bank's process flows, and control environment, combined with solid interpersonal and analytical skills are necessary for this role.


You'll enjoy the flexibility to work remotely * from anywhere within the U.S. as you take on some tough challenges. For all hires in the Minneapolis or Washington, D.C. area, you will be required to work in the office a minimum of four days per week. Hybrid if the candidate is in Draper, UT.

Primary Responsibilities:

  • Assist in managing the Risk and Control Self-Assessment (RCSA) Program by working with first and second-line participants to identify and assess risks
  • Work with different teams within the bank to implement a process diagram for each function and design key operational risks and mitigants associated with design and implementation of the process
  • Develop reporting for internal use and governance committees on both a regular and ad-hoc basis
  • Participate in the collection of Key Performance indicators (KPIs) related to key operation risks
  • Manage the quality of data reported/identified via RCSAs and KPIs including alignment to taxonomies (i.e., process, control, risk, etc.)
  • Facilitate the RCSA review and challenge process on a quarterly basis
  • Assist with special projects, when necessary, intended to enhance the Operational Risk Management Framework
  • Review and evaluate new business and product initiatives and acquisitions to identify changes to the operational risk profile of the bank
  • Maintain a complete risk mapping of operational processes and system maps, which include change management assessments
  • Work with 1st line and different support functions to develop day-to-day risk management metrics, which quantify the division's exposure to various types of operational risk


You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear direction on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

  • 4 years of direct work experience preferably Risk Control Self-Assessment (RCSA)
  • 4 years of foundational knowledge of enterprise Operational Risk Management
  • 4 years of second-line frameworks related to Operational Risk Management


Preferred Qualifications: 

  • Experience contributing to development of materials and reports for senior and executive level management (e.g., Board and Management Level Committee)
  • Thorough understanding of policies and best practices of risk management (certifications)
  • Proven relationship management skills including managing and engaging stakeholders, customers, and vendors, and building relationship networks
  • 2 years of eGRC experience (Archer)
  • Proven solid organizational skills, with proven ability to successfully manage multiple, concurrent priorities
  • Proven detail oriented with proven ability to question the status quo and apply effective challenge as appropriate


*All employees working remotely will be required to adhere to UnitedHealth Group's Telecommuter Policy


Pay is based on several factors including but not limited to local labor markets, education, work experience, certifications, etc. In addition to your salary, we offer benefits such as, a comprehensive benefits package, incentive and recognition programs, equity stock purchase and 401k contribution (all benefits are subject to eligibility requirements). No matter where or when you begin a career with us, you'll find a far-reaching choice of benefits and incentives. The salary for this role will range from $60,200 to $107,400 annually based on full-time employment. We comply with all minimum wage laws as applicable.


Application Deadline: This will be posted for a minimum of 2 business days or until a sufficient candidate pool has been collected. Job posting may come down early due to volume of applicants.


At UnitedHealth Group, our mission is to help people live healthier lives and make the health system work better for everyone. We believe everyone-of every race, gender, sexuality, age, location and income-deserves the opportunity to live their healthiest life. Today, however, there are still far too many barriers to good health which are disproportionately experienced by people of color, historically marginalized groups and those with lower incomes. We are committed to mitigating our impact on the environment and enabling and delivering equitable care that addresses health disparities and improves health outcomes - an enterprise priority reflected in our mission.

UnitedHealth Group is an Equal Employment Opportunity employer under applicable law and qualified applicants will receive consideration for employment without regard to race, national origin, religion, age, color, sex, sexual orientation, gender identity, disability, or protected veteran status, or any other characteristic protected by local, state, or federal laws, rules, or regulations.


UnitedHealth Group is a drug-free workplace. Candidates are required to pass a drug test before beginning employment.


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