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Senior Operational Risk Analyst Jobs in Wisconsin

Senior Business Analyst

Milwaukee, WI · Hybrid

$91K - $117K/yr

... teams, the Senior Business Analyst is responsible for the design, execution, and continuous ... Contributes to broader enterprise risk management and operational risk discussions as a ...

WI · On-site

$200 - $250/hr

... senior risk stakeholders before report distribution internally and to regulators. Job ... data operations, balance sheet analysis, and/or asset and liability or liquidity management.

WI · On-site

$80 - $100/hr

As a Credit Risk Middle Office - Analyst in the Reporting, Middle Office, and Control organization ... Minimum 1 year of experience in financial services, operations, or related fields. * Basic ...

WI · On-site

$150 - $200/hr

... Finance, Compliance, and Operations to balance growth with prudent risk management ... Build and lead a high-performing team of credit risk managers and analysts; set goals, coach ...

Overview The Senior Credit Analyst plays a key role in the Investment Property Lending (IPL ... Consistently identify credit and operational risk and suggest mitigating factors when needed.

Sr. SAP Security Analyst

Madison, WI · On-site

$96K - $126K/yr

Configure and implement SAP S/4 security solutions to support key business operations. * Partner ... Work with Fiori roles, OData services, and SAP GRC modules such as Risk Analysis and Remediation ...

WI · On-site

$80 - $100/hr

Sr. Financial Analyst Location: Brookfield, WI | Hybrid: 2 days per week after fully trained About ... Since 1985, ORRM has been a pioneer in the alternative risk market, delivering innovative primary ...

WI · On-site

$150 - $200/hr

Provide transparent reporting of risk exposures, control issues, and operational concerns to senior management. * Support strategic and commercial decision-making through effective risk analysis and ...

Showing results 21-40

Senior Operational Risk Analyst information

See Wisconsin salary details

$54K

$110.9K

$143.8K

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

As of Sep 7, 2026, the average yearly pay for senior operational risk analyst in Wisconsin is $110,874.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,300.00 and $138,300.00 per year, depending on experience, location, and employer.

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.

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 are popular job titles related to Senior Operational Risk Analyst jobs in Wisconsin?

For Senior Operational Risk Analyst jobs in Wisconsin, the most frequently searched job titles are:

What job categories do people searching Senior Operational Risk Analyst jobs in Wisconsin look for?

The top searched job categories for Senior Operational Risk Analyst jobs in Wisconsin are:

What cities in Wisconsin are hiring for Senior Operational Risk Analyst jobs?

Cities in Wisconsin with the most Senior Operational Risk Analyst job openings:

Infographic showing various Senior Operational Risk Analyst job openings in Wisconsin as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $110,874 per year, or $53.3 per hour.

Senior Business Analyst

Mgic Investment

Milwaukee, WI • Hybrid

$91K - $117K/yr

Full-time

Retirement, PTO

Re-posted 18 days ago


Key responsibilities

  • Owns and manages the enterprise Business Continuity and Crisis Management programs, including standards, methodologies, documentation, and governance processes.

  • Leads Business Impact Analysis activities, develops and maintains Business Continuity Plans, and designs crisis management and continuity exercises.

  • Serves as the primary business partner to Technology / IS teams for disaster recovery strategy alignment and coordinates enterprise DR testing.


Job description

At MGIC, we take pride in knowing that what we do matters. As pioneers of private mortgage insurance, we help people achieve homeownership sooner - making affordable low-down-payment mortgages a reality. Our efforts have helped more than 14 million people get the keys to their own homes sooner than otherwise possible. Every position is critical to our company's success - from the analytical to the technical; from the innovative to the operational. The customer-facing roles to behind-the-scenes experts, we're all part of one team. We're an organization with a national footprint that's large enough to never lack for a new challenge, but small enough for an opportunity to make an impact and influence decisions. Come make a difference at MGIC.

This position is based in Milwaukee, WI. Hybrid environment 3 days in office, 2 days remote.

PURPOSE

Working independently and in close partnership with business leaders, technology executives, and risk management teams, the Senior Business Analyst is responsible for the design, execution, and continuous improvement of the organization's Business Continuity (BC), Crisis Management (CM), and Disaster Recovery (DR) programs, as well as the coordination of related activities in partnership with the Enterprise Risk Management program.

As an influential communicator, this role builds alignment across diverse stakeholders, translating complex risk and resilience concepts into clear, actionable outcomes. This role provides subjectmatter expertise and program leadership, ensures alignment with enterprise risk management and regulatory expectations, and helps embed operational resilience practices across the organization. The position requires sound judgment, strong influence skills, and the ability to lead complex initiatives across multiple business and technology domains.

PRIMARY DUTIES AND RESPONSIBILITIES

The following statements describe the general nature of work performed by people assigned to this job, may not be performed by all individuals in this job, and are not a complete list of all job duties required.

Program Leadership & Governance

  • Owns and manages the enterprise Business Continuity and Crisis Management programs, including standards, methodologies, documentation, and governance processes.
  • Establishes multiyear program roadmaps, annual objectives, and maturity improvement initiatives.
  • Develops and maintains metrics, dashboards, and executivelevel reporting on program readiness, risk exposure, testing outcomes, and remediation progress.
  • Leads responses to regulatory, audit, customer, and internal review requests related to BC, CM, and DR.
  • Identifies gaps, emerging risks, and improvement opportunities, recommending solutions aligned with organizational risk appetite.

Business Continuity & Crisis Management

  • Leads Business Impact Analysis (BIA) activities across business units, ensuring consistency, quality, and alignment with enterprise standards.
  • Partners with senior leaders to define and validate critical processes, recovery strategies, RTOs, RPOs, and resource dependencies.
  • Oversees development, maintenance, and periodic validation of Business Continuity Plans (BCPs).
  • Develops, documents, and maintains emergency response procedures, ensuring clear roles, escalation paths, and decisionmaking protocols are defined to support timely and effective response to incidents impacting people, facilities, or operations.
  • Designs and leads crisis management and continuity exercises, including tabletop and simulation activities, at varying levels of complexity.
  • Evaluates exercise and realworld event results, driving root cause analysis and remediation to strengthen organizational resilience.

Disaster Recovery

  • Serves as the primary business partner to Technology / IS teams for disaster recovery strategy alignment and riskbased prioritization.
  • Ensures business recovery requirements are appropriately reflected in technology DR plans and architectures.
  • Assists in coordination of enterprise DR testing, including scope definition, execution oversight, results evaluation, and executive communication.
  • Maintains visibility into application and infrastructure recovery capabilities and dependencies, escalating material gaps where appropriate.

Continuous Improvement & Thought Leadership

  • Communicates clearly and professionally with stakeholders across business units and technology teams.
  • Participates in training, certifications, workshops, and exercises to build knowledge of business continuity, crisis management, and operational resilience.
  • Learns and applies organizational policies, standards, and risk management practices.
  • Monitors industry trends, regulatory expectations, and best practices related to operational resilience, business continuity, and crisis management.
  • Recommends enhancements to tools, technologies, and processes supporting BC/CM/DR capabilities.
  • Contributes to broader enterprise risk management and operational risk discussions as a subjectmatter expert.

EXPERIENCE / BACKGROUND

  • 5-8+ years of progressively responsible experience in one or more of the following areas:
    • Business Continuity, Crisis Management, Disaster Recovery
    • Business Analysis, Program Management, or Technology Risk
  • Demonstrated experience leading cross functional initiatives with enterprise impact
  • Experience interacting with senior leadership, auditors, and regulators preferred

KEY SKILLS & COMPETENCIES

  • Influential communicator with the ability to gain alignment across diverse stakeholders
  • Advanced analytical, problemsolving, and criticalthinking skills
  • Strong program and project leadership capabilities
  • Highly technologysavvy, with a strong understanding of how enterprise systems, applications, and infrastructure support business operations and recovery strategies
  • Ability to interpret risk, prioritize issues, and exercise independent judgment
  • Strong documentation, governance, and processdesign skills

QUALIFICATIONS

Required Knowledge:

  • Deep understanding of Business Continuity, Crisis Management, and Disaster Recovery principles
  • Strong grasp of Business Impact Analysis (BIA) methodologies and recovery strategy development
  • Understanding of how IT architecture and disaster recovery capabilities enable business resilience
  • Knowledge of project and program management lifecycles

Preferred Knowledge:

  • Knowledge of MGIC business units, products, and operating model
  • Familiarity with risk management frameworks, regulatory expectations, and audit practices
  • Professional certifications (or progress toward) such as CBCP, MBCP, CRISC, PMP, or similar

FLSA: This position qualifies for the Administrative exemption as the employee is required to exercise discretion and independent judgment in evaluating possible courses of action after considering various possibilities.

DISCLAIMER (Americans with Disabilities Act) - All job responsibilities and requirements are subject to possible modification to reasonably accommodate individuals with disabilities

Pay Range:

$87,990.00 - $149,590.00

This range aligns with current market data and reflects our commitment to competitive and equitable compensation. Salary offers are based on factors such as experience, skills, education, and training. The range may vary in certain locations to reflect local market conditions. It is not typical to initiate pay at the top of the range to account for internal equity and allow for future and continued salary growth

Enjoy these benefits from day one:
Competitive Salary & pay-for-performance bonus
Financial Benefits (401k with company match, profit sharing, HSA, wellness program)
On-site Fitness Center and classes (corporate office)
Paid-time off and paid company holidays
Business casual dress

For additional information about MGIC and to apply, please visit our website at www.mgic.com/careers.

Note to all recruitment agencies:
MGIC does not accept unsolicited agency resumes. Any unsolicited resumes sent to MGIC, directly or indirectly, will be considered MGIC property. MGIC is not responsible for any agency fees associated with unsolicited resumes. A recruiting agency must have a valid, written and fully executed agency agreement to assist with a requisition.