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Senior Operational Risk Analyst Jobs in Westerly, RI

A/Z Corp

Sr Operational Finance Manager

North Stonington, CT · On-site

$117K - $160K/yr

... risk evaluation, and margin performance. Role and Responsibilities Strategic & Operational ... Strong analytical and problem-solving skills * Strict adherence to financial controls and reporting ...

Doncasters

Senior Cost Analyst

Groton, CT · On-site

$75K - $85K/yr

Competitive medical insurance The Role The Senior Cost Analyst will coordinate with Operations on ... inventory cycle counts and physical inventories, including audits and root cause analysis. In this ...

SEACORP

COMSEC Manager

New London, CT

Advise senior management (e.g., CIO) on risk levels and security posture. * Ensure security ... Advise senior management (e.g., CIO) on cost/benefit analysis of information security programs ...

SEACORP

COMSEC Manager

Groton, CT · On-site

Advise senior management (e.g., CIO) on risk levels and security posture. * Ensure security ... Advise senior management (e.g., CIO) on cost/benefit analysis of information security programs ...

Mohegan

Cyber Security Analyst

Uncasville, CT · On-site

... risk assessments. Reporting & Metrics * Maintain operational reporting inputs for themonthly ... Possess an analytical mindset and a detailed understanding of cyber security methodologies. Possess ...

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All JobsSenior Operational Risk Analyst JobsSenior Operational Risk Analyst Jobs in Westerly, RI

Senior Operational Risk Analyst information

See Westerly, RI salary details

$53.9K

$110.7K

$143.5K

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

As of Jun 19, 2026, the average yearly pay for senior operational risk analyst in Westerly, RI is $110,652.00, according to ZipRecruiter salary data. Most workers in this role earn between $91,200.00 and $138,000.00 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.

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.
Senior Operational Risk Analyst jobs near you
Infographic showing various Senior Operational Risk Analyst job openings in Westerly, RI as of June 2026, with employment types broken down into 1% As Needed, 60% Full Time, 30% Part Time, 2% Temporary, 6% Contract, and 1% Nights. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $110,652 per year, or $53.2 per hour.

Senior Risk Analyst - Fraud Strategy and Reporting

washingtontrust

Westerly, RI • Hybrid

Other

Posted 18 days ago

Job description

The Washington Trust Company is seeking an experienced Senior Risk Analyst to support our fraud strategy and reporting process. This position will own the configuration, testing, and validation of multiple fraudprevention systems and produce quarterly enterprise risk reports for executive audiences and governance bodies (ERWG, ERMC, Audit Committee). The role also leads the monthly production of a metrics dashboard covering multiple risk typologies and business lines.

This is a hybrid position with periodic on-site work in our office in Westerly, RI.

Key Responsibilities

  • Fraud alert queue management: configure thresholds, rules, and workflows; monitor performance; coordinate changes with system owners and operations teams.
  • Testing & validation: design test plans, execute UAT/regression tests, and document outcomes; implement controls for change management and production promotion.
  • Performance analytics: develop and maintain KRIs/KPIs (e.g., alert precision/recall, detection lift, falsepositive rates, case aging, loss avoidance).
  • Quarterly executive risk reporting: synthesize risk typologies and trends across business lines; draft ERWG/ERMC/Audit Committee materials with clear narrative and visuals. Produce minutes for quarterly Risk Committee meetings.
  • Monthly risk dashboard: build and refresh a metrics dashboard with automated data pipelines, QA checks, and version control.
  • Model & rule monitoring: track drift, stability, and backtesting results; recommend tuning; log changes and rationales; coordinate with 1st/2nd/3rd lines of defense.
  • Stakeholder communication: prepare concise written summaries to present findings and recommendations to executives and crossfunctional teams.
  • Documentation & audit readiness: maintain procedures, test evidence, control mappings, and change logs suitable for internal/external review.

Required Qualifications

  • Data tooling: Comfortable working with large amounts of data and relevant tools to automate repetitive tasks, and create clear visual dashboards for executives (e.g. SQL; scripting in Python or R for analysis/ETL; Power BI/Tableau for visualization).
  • Statistical proficiency (hypothesis testing, confidence intervals, ROC/AUC, sensitivity/specificity, sampling, backtesting).
  • Testing & validation: handson UAT/regression design, defect triage, and release signoff.
  • Advanced Excel: Power Query, PivotTables, complex formulas (e.g., XLOOKUP/INDEXMATCH), charts; ability to build automated reporting templates.
  • Communication: excellent oral and written skills; experience presenting to executives/committees.  Writing sample will be requested.
  • Risk reporting: experience building dashboards/reports for senior leadership and governance forums.
  • Model risk management familiarity (concept drift, stability testing, challenger/benchmarking; documentation aligned with industry guidance).
  • Financial services experience 5+ years in enterprise risk or fraud strategy.
  • Bachelor's and advanced educational degree.

Preferred Skills

  • Fraud systems exposure (e.g., Verafin, Biocatch, Zelle, card/Falcon) and bank core systems; queue strategy tuning and alert dispositioning.
  • Microsoft Suite, SharePoint, Forms, Power Automate, Co-pilot

Compensation: A goodfaith, reasonable estimate of the base salary range for this role is $90,000 to $115,000 per year and the actual offer will depend on factors such as experience, skills, training, certifications, and education.

This base salary reflects one component of our competitive compensation package. This position may be eligible for an annual bonus and includes a comprehensive benefits package.

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