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Senior Operational Risk Analyst Jobs in Memphis, TN

Evolve

Third Party Risk Officer

Memphis, TN · On-site

... senior leadership. Education and Experience: * Seven or more years of experience in third party or related risk management roles (third-party risk management, auditing, operational risk, or ...

Getevolved

Third Party Risk Officer

Memphis, TN · On-site

$120 - $180/hr

... senior leadership. Education and Experience: * Seven or more years of experience in third party or related risk management roles (third-party risk management, auditing, operational risk, or ...

Barnhart Crane & Rigging

Strategic Analyst

Memphis, TN · On-site

$91K - $113K/yr

Act as a point of contact for Operations, Finance and senior leadership for quantitative risk ... Collaborate with the broader Analytics team on data infrastructure needs required to support ...

Barnhart Crane & Rigging

Strategic Analyst

Memphis, TN · On-site

$91K - $113K/yr

Act as a point of contact for Operations, Finance and senior leadership for quantitative risk ... Collaborate with the broader Analytics team on data infrastructure needs required to support ...

Barnhart Crane & Rigging

Strategic Analyst

Memphis, TN · On-site

$91K - $113K/yr

Act as a point of contact for Operations, Finance and senior leadership for quantitative risk ... Collaborate with the broader Analytics team on data infrastructure needs required to support ...

Barnhart Crane & Rigging

Engineer (Level I)

Memphis, TN · On-site

Help with basic load calculations and structural analysis to ensure safe lifting operations. * Aid ... Support senior engineers in creating design packages including fabrication drawings, calculations ...

Orgill, Inc.

Account Payable Research Analyst

Collierville, TN · On-site

$20 - $26.50/hr

... operational risk, and strengthen internal controls. * Develop dynamic dashboards and reports using ... Strong analytical, research, and problem-solving skills. * Advanced Microsoft Excel skills ...

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Senior Operational Risk Analyst information

See Memphis, TN salary details

$47.8K

$98K

$127.2K

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

As of Aug 24, 2026, the average yearly pay for senior operational risk analyst in Memphis, TN is $98,044.00, according to ZipRecruiter salary data. Most workers in this role earn between $80,800.00 and $122,300.00 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 Memphis, TN?

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

What job categories do people searching Senior Operational Risk Analyst jobs in Memphis, TN look for?

The top searched job categories for Senior Operational Risk Analyst jobs in Memphis, TN are:

Senior Operational Risk Analyst jobs near you
Infographic showing various Senior Operational Risk Analyst job openings in Memphis, TN 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 $98,044 per year, or $47.1 per hour.

Third Party Risk Officer

Evolve Bank & Trust

Memphis, TN • On-site

Full-time

Re-posted 16 days ago

Job description

Job Description:

The Third Party Risk Officer is responsible for the development, implementation, and ongoing oversight of the Bank’s Third Party Risk Management (TPRM) Program. This role ensures that risks associated with third-party vendors, service providers, and FinTech partners are identified, assessed, monitored, and mitigated in accordance with regulatory expectations and the Bank’s risk appetite.

The Officer leads a team of TPRM subject matter experts and provides governance, guidance, and oversight across all stages of the third-party lifecycle, including due diligence, contracting, performance monitoring, and termination. This role partners with business units, risk management, compliance, legal, and other functions to ensure a consistent and effective third party risk framework.

Main Job Tasks and Responsibilities:

  • Design, implement, and maintain the Bank’s Third Party Risk Management policies and procedures.
  • Ensure alignment with TPRM regulatory guidance.
  • Establish and maintain governance structures, including committees, reporting, and escalation processes.
  • Prepare and present program reports, risk insights, and metrics to senior management and the Board.
  • Periodically review and enhance the TPRM program to reflect evolving risks and regulatory expectations.
  • Collaborate with Legal in reviewing third-party contracts. (e.g., risk clauses, SLAs, right-to-audit)
  • Provide training and awareness to staff on third-party risk management practices.
  • Oversee risk-based due diligence processes for onboarding and ongoing monitoring of third parties.
  • Ensure proper risk tiering/classification of vendors based on criticality and inherent risk
  • Evaluate third-party controls across key risk domains. (e.g., information security, financial health, operational resilience, compliance)
  • Review and challenge risk assessments and due diligence results for completeness and accuracy.
  • Establish continuous monitoring processes, including performance metrics, SLAs, and risk indicators.
  • Track, report, and escalate identified issues, control gaps, and remediation activities.
  • Ensure timely resolution of findings related to third-party risk from audits, regulatory exams, and internal reviews.
  • Partner with business units to provide guidance on third-party selection, contracting, and risk mitigation strategies.
  • Maintain and enhance TPRM systems/tools and vendor inventory.
  • Develop and deliver key risk indicators (KRIs), dashboards, and reporting for senior leadership.

Education and Experience:

  • Seven or more years of experience in third party or related risk management roles (third-party risk management, auditing, operational risk, or compliance-related experience).
  • Demonstrated experience building or managing a Third Party Risk Management program.
  • Strong knowledge of regulatory expectations.
  • Experience interacting with regulators and leading audit or exam responses.
  • Familiarity with third-party risk management platforms and tools.
  • Bachelor’s degree in a business-related field of study.

Key Competencies:

  • Strong stakeholder management and collaboration skills.
  • Proven experience presenting to senior leadership and governance committees.
  • Strong decision-making and escalation judgment.
  • Excellent written and verbal communication skills.
  • Ability to translate complex risk concepts into clear, actionable insights.
  • Skilled in use of MS Office suite, and ability to easily adapt to and utilize new technologies.
  • Continuous improvement mindset with focus on efficiency and effectiveness.
  • Strong organizational and project management skills.

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