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Senior Operational Risk Analyst Jobs in Phoenix, AZ

You will own operational and compliance risk inherent in credit strategy. Additionally, you will ... and senior leadership. * Leads the analysis of internal and external scores/data for use in ...

Intermediate understanding of the business line's operations, products/services, systems, and associated risks/controls * Basic knowledge of Risk/Compliance/Audit competencies * Strong analytical ...

What you'll do The IT Risk Senior Analyst is a strategic advisor responsible for integrating IT ris ... computer operations. * Develop and maintain a forward-looking compliance roadmap, aligning ...

AVP, Banking Risk & Controls

Phoenix, AZ · On-site

$94K - $110K/yr

... SVP of Enterprise Risk. About Servbank: Founded in 1994, Servbank is a banking institution with ... Develop corporate compliance and operational risk strategies by analyzing internal testing results ...

AVP, Banking Risk & Controls

Phoenix, AZ · On-site

$94K - $110K/yr

... SVP of Enterprise Risk. About Servbank: Founded in 1994, Servbank is a banking institution with ... Develop corporate compliance and operational risk strategies by analyzing internal testing results ...

The Role We Want You For Under the direction of and in collaboration with the GRC Manager, the Sr. ... The analyst functions as the operational hub of the risk lifecycle -- from initial intake and ...

The Role We Want You For Under the direction of and in collaboration with the GRC Manager, the Sr. ... The analyst functions as the operational hub of the risk lifecycle -- from initial intake and ...

The Role We Want You For Under the direction of and in collaboration with the GRC Manager, the Sr. ... The analyst functions as the operational hub of the risk lifecycle -- from initial intake and ...

The Role We Want You For Under the direction of and in collaboration with the GRC Manager, the Sr. ... The analyst functions as the operational hub of the risk lifecycle -- from initial intake and ...

The Role We Want You For Under the direction of and in collaboration with the GRC Manager, the Sr. ... The analyst functions as the operational hub of the risk lifecycle -- from initial intake and ...

The Role We Want You For Under the direction of and in collaboration with the GRC Manager, the Sr. ... The analyst functions as the operational hub of the risk lifecycle - from initial intake and ...

The Role We Want You For Under the direction of and in collaboration with the GRC Manager, the Sr. ... The analyst functions as the operational hub of the risk lifecycle -- from initial intake and ...

Showing results 41-60

Senior Operational Risk Analyst information

See Phoenix, AZ salary details

$53.1K

$109.1K

$141.5K

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

As of Aug 16, 2026, the average yearly pay for senior operational risk analyst in Phoenix, AZ is $109,068.00, according to ZipRecruiter salary data. Most workers in this role earn between $89,900.00 and $136,000.00 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.

How much does a senior operational risk analyst make in the US?

A senior operational risk analyst in the US typically earns between $80,000 and $130,000 annually, depending on experience, location, and industry. Professionals with certifications like FRM or CRC and strong analytical skills may command higher salaries. Compensation can also include bonuses and benefits based on performance and company size.

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 Phoenix, AZ?

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

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

The top searched job categories for Senior Operational Risk Analyst jobs in Phoenix, AZ are:

Infographic showing various Senior Operational Risk Analyst job openings in Phoenix, AZ as of August 2026, with employment types broken down into 89% Full Time, 8% Part Time, and 3% Contract. Highlights an 93% Physical, 3% Hybrid, and 4% Remote job distribution, with an average salary of $109,068 per year, or $52.4 per hour.

First Line Risk & Control Senior Analyst

Western Alliance Bank

Phoenix, AZ • On-site

Full-time

Medical, Dental, Retirement

Posted 24 days ago


Job description

Job Title:

First Line Risk & Control Senior Analyst

Location:

CityScape

What you'll do:

As a First Line Risk & Control Senior Analyst you'll work as a first line of defense risk professional responsible for support and/or execution of various risk programs and business unit risk activities in adherence with the Company's risk appetite and corporate strategy. In this role you'll engage with business units in the management of risks and controls across all risk types, monitoring execution of risk policies, procedures, and program requirements. You'll effectively manage risks, and serve as an effective communication channel between the Risk Management department and business units.
  • Support the timely preparation and execution of the Risk and Control updates and refresh information through the collection of data from various sources as defined in desktop procedures. Facilitate meetings to review process understanding and process map documentation.
  • Provide effective and timely execution of projects with a sense of urgency for deliverables. Review policies and procedures to document process maps and narratives.
  • Support identification of risks and controls in processes under review including the drafting of risks and controls in line with standards. Provide assessment of control environment and determine effective risk mitigation or identify gaps.
  • Support conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties, issues, regulatory, legal matters, etc.

What you'll need:

  • 4+ years of related experience in Risk Management, Regulatory Compliance, Internal Audit or similar field.
  • Bachelor's degree in related field required.
  • Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Intermediate experience in Compliance, Operations Management, Audit, Risk Management, or related field in financial services.
  • Intermediate knowledge of and experience in documenting process maps in process mapping software.
  • Experience identifying risks and controls in processes.
  • Intermediate speaking and writing communication skills.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation