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Senior Operational Risk Analyst Jobs in Boston, MA

FINRA is seeking a Senior Risk Monitoring Analyst to play a pivotal role in safeguarding the integrity of U.S. securities markets. In this high-impact position, you'll identify emerging risks, assess ...

Asset & Liability Sr. Analyst

Boston, MA · Hybrid

$109K - $141K/yr

The Senior Analyst partners with Treasury, Finance, Risk, and business line stakeholders to develop, challenge, and refine forward-looking balance sheet forecasts under both baseline and stress ...

Asset & Liability Sr. Analyst

Boston, MA · On-site

$109K - $141K/yr

The Senior Analyst partners with Treasury, Finance, Risk, and business line stakeholders to develop, challenge, and refine forward-looking balance sheet forecasts under both baseline and stress ...

Senior Risk & Compliance Analyst

Boston, MA · On-site

$130K - $170K/yr

Prepare materials and analysis to support the Cyber Risk Committee and executive risk reporting. * Partner with Security Architecture to assess risk in system designs, cloud architecture, identity ...

Prepare materials and analysis to support the Cyber Risk Committee and executive risk reporting. * Partner with Security Architecture to assess risk in system designs, cloud architecture, identity ...

Senior Risk & Compliance Analyst

Boston, MA · On-site

$130K - $170K/yr

Prepare materials and analysis to support the Cyber Risk Committee and executive risk reporting. * Partner with Security Architecture to assess risk in system designs, cloud architecture, identity ...

Asset & Liability Sr. Analyst

Boston, MA · Hybrid

$109K - $141K/yr

The Senior Analyst partners with Treasury, Finance, Risk, and business line stakeholders to develop, challenge, and refine forward-looking balance sheet forecasts under both baseline and stress ...

Senior GRC Analyst

Boston, MA · Remote

$140K - $165K/yr

As a Senior GRC Analyst at DigitalOcean, you will lead the strategic maturation of DigitalOcean ... internal risk appetite, and operational engineering realities. * Operational Responsiveness ...

Asset & Liability Sr. Analyst

Boston, MA · Hybrid

$109K - $141K/yr

The Senior Analyst partners with Treasury, Finance, Risk, and business line stakeholders to develop, challenge, and refine forward-looking balance sheet forecasts under both baseline and stress ...

Prepare materials and analysis to support the Cyber Risk Committee and executive risk reporting. * Partner with Security Architecture to assess risk in system designs, cloud architecture, identity ...

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Senior Operational Risk Analyst information

See Boston, MA salary details

$58.1K

$119.3K

$154.8K

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

As of Jun 30, 2026, the average yearly pay for senior operational risk analyst in Boston, MA is $119,337.00, according to ZipRecruiter salary data. Most workers in this role earn between $98,300.00 and $148,800.00 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.
What are popular job titles related to Senior Operational Risk Analyst jobs in Boston, MA? For Senior Operational Risk Analyst jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Senior Operational Risk Analyst jobs in Boston, MA look for? The top searched job categories for Senior Operational Risk Analyst jobs in Boston, MA are:
What cities near Boston, MA are hiring for Senior Operational Risk Analyst jobs? Cities near Boston, MA with the most Senior Operational Risk Analyst job openings:

Investment Analyst, Business Risk Analyst

Cambridgeassociates

Boston, MA

Full-time

Posted 20 days ago


Key responsibilities

  • Support the BRM team with initial and ongoing operational due diligence on investment managers across all asset classes.

  • Develop due diligence plans, review managers' documented procedures, attend onsite meetings with manager leadership teams, coordinate background checks, and prepare written analyses of managers' business and operational capabilities and risk management frameworks.

  • Review and monitor audited financial statements, ongoing operational and risk-related developments at investment manager firms, and maintain a database of fund operational and vendor data.


Job description

Firm Overview:

Cambridge Associates ("CA") is a leading global investment firm. CA's goal is to help endowments & foundations, pension plans, and ultra-high net worth private clients implement and manage custom investment portfolios that generate outperformance so that they can maximize their impact on the world. Cambridge Associates delivers a range of services, including outsourced CIO, non-discretionary portfolio management, and investment consulting.

Headquartered in Boston, Massachusetts, CA has offices in key markets in North America, the United Kingdom, Europe, Asia, and Oceania. Our worldwide teams ensure our clients benefit from decades of global presence, local expertise, and relationships with the top global investment managers across the world. For more information, please visit www.cambridgeassociates.com.

Job Description Summary:

The Business Risk Management (BRM) group is part of the Global Investment Research team. The Operational Due Diligence Analyst will be a member of the BRM team that is responsible for conducting business and operational risk reviews of long-only and alternative investment managers.
BRM's operational due diligence program involves a comprehensive review of investment manager processes and procedures pertaining to such key areas as operations, compliance, valuation, fund accounting, counterparty-risk management, technology and other support functions. Its primary mandate is to mitigate the risk of financial loss and/or reputational damages resulting from business or operational related issues.

Job Description:

Job Responsibilities

  • Support the BRM team with initial and ongoing operationaldue diligence on investment managers across all asset classes (including hedge funds, credit, real assets, private equity and venture capital).
  • Responsibilities include developing due diligence plans, reviews of managers' documented procedures, attending onsite meetings with manager leadership teams (COO, CFO, CCO etc.), coordinating background checks, and preparing written analyses of managers' business and operational capabilities and their risk management frameworks.
  • Provide support in the review of external service providers including fund administrators, law firms, auditors, compliance consultants and prime brokers.
  • Review and monitor audited financial statements and ongoing operational and risk-related developments at investment manager firms.
  • Maintain database of fund operational and vendor data for strategy and peer group analyses.
  • Coordinate special projects and interact with operational due diligence analysts, investment research professionals and investment directors.

Qualifications

  • 1 - 3 years of experience within the financial services industry, preferably in investment fund operations, fund accounting, risk management, auditing of investment products or investment management regulatory/compliance environment.
  • Experience conducting operational due diligence strongly preferred
  • Bachelor's degree with a record of achievement.
  • Strong written and oral communication skills. Ability to prioritize multiple requests for information, while ensuring integrity, accuracy, completeness, and timeliness of data.
  • Strong quantitative and analytical skills.
  • Excellent written and verbal communication skills.
  • Ability to work both independently and in a team under tight deadlines
  • Ability to travel for work (~20%).

Base salary range for this role:

Pay Range Minimum:

80000

Pay Range Maximum:

88500

In addition to the listed salary range, this position is eligible for an annual performance-based bonus and a comprehensive, competitive benefits package. Actual placement within the stated salary range will be determined based on factors such as skills, experience, and qualifications, as well as internal equity.

The firm is committed to the concept and practice of equal employment opportunity and will not discriminate against any employee or applicant on the basis of race, color, religion, age, sex, national origin, sexual orientation, gender identity, disability, or veteran status. It is expected that all employees will follow a similar policy toward their co-workers.