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As of August 01, 2026, the average salary for an Operational Risk Analyst III in Michigan is $95,300 per year, which breaks down to an hourly rate of $46.
However, an Operational Risk Analyst III's salary can vary significantly. Here’s a look at the typical salary range:
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Operational Risk Analyst III Salaries by Percentile
| Annual Salary |
Monthly Pay |
Weekly Pay |
Hourly Wage |
|
| 75th Percentile | $99,400 | $8,283 | $1,912 | $48 |
| Average | $95,300 | $7,942 | $1,833 | $46 |
| 25th Percentile | $87,500 | $7,292 | $1,683 | $42 |
Xcel Energy - MINNEAPOLIS, MN
BJC HealthCare - FAIRVIEW HEIGHTS, IL
Kaiser Permanente - COUNTRY PARK ACRES, NC
North Metro Fire Rescue District - LAFAYETTE, CO
An Operational Risk Analyst III's salary isn't a fixed number. It's shaped by several important factors. Below, we'll explore how your years of experience, geographic location, and company size can directly affect your earning potential.
Experience is a primary driver of an Operational Risk Analyst III's salary. As you build your skills and take on more complex tasks, your compensation generally increases. Here's how the average salary grows at different career stages:
| Job Role | Years of Experience | Average Salary |
|---|---|---|
| Operational Risk Analyst I | 0-2 years | $63,721 |
| Operational Risk Analyst II | 2-4 years | $78,278 |
| Operational Risk Analyst III | 4-7 years | $95,257 |
| Operational Risk Analyst IV | 7+ years | $120,742 |
| Operational Risk Analyst V | 7-10 years | $153,494 |
What Am I Worth?
Your salary can change significantly depending on where you work. States with a higher cost of living and strong industrial sectors often pay more to attract Operational Risk Analyst IIIs. For example, consider the average annual salaries in these key locations:
Salaries can also vary between different cities. Major metropolitan areas or cities with a high demand for technicians often offer more competitive pay. Here are a few examples of average annual salaries in different U.S. cities:
Operational Risk Analyst III salary potential scales significantly with company size. Data shows that Enterprise companies (5,000+ employees) pay the highest average salary at around $106,683. While startup companies pay approximate $90,251.
| Company Size | Employees | Average Salary |
|---|---|---|
| Startup | 1~50 | $90,251 |
| Growth Stage | 51~500 | $95,451 |
| Established | 501~5000 | $103,021 |
| Enterprise | 5000+ | $106,683 |
For Operational Risk Analyst III roles, the industry you choose can affect earning potential by as much as 40% (the gap between the highest and lowest paying industries). Data shows that the Aerospace & Defense and Business Services sectors offer the strongest compensation, at 20% above the average. In contrast, Operational Risk Analyst positions in Biotechnology or Transportation typically offer lower base pay, as these industries often view Operational Risk Analyst III as a support function rather than a direct revenue driver.
| Industry Sector | Average Annual Salary | Average Hourly Rate | Pay vs.Avg |
|---|---|---|---|
| Aerospace & Defense | $114,360 | $55.0 | 20% |
Understanding how an Operational Risk Analyst III's annual salary breaks down can help with budgeting. Below, you can see the average hourly rate, weekly pay, and monthly pay for this role. Use the buttons to switch between different pay periods.
| Annual Salary | Monthly Pay | Weekly Pay | Hourly Wage | |
|---|---|---|---|---|
| 75th Percentile | $99,400 | $8,283 | $1,912 | $48 |
| Average | $95,300 | $7,942 | $1,833 | $46 |
| 25th Percentile | $87,500 | $7,292 | $1,683 | $42 |
Promotions are the fastest way to increase your earnings. As an Operational Risk Analyst III, you have the following paths for advancement. The table below compares the salary raises for common next-step roles. By comparing these figures, you can choose the career path that best meets your financial goals.
| Next Step Role | Estimate Salary | Projected Raise |
|---|---|---|
| Strategic E-commerce Risk Director | $154,400 | 62% |
| Organizational Insurance Risk Analyst IV | $120,800 | 27% |
| Operational Risk Analyst IV | $120,800 | 27% |
Ready to take the next step in your career? Browse thousands of current Operational Risk Analyst III job openings on our job board. Use the search bar below to find your perfect match.
Arc of Greater Prince William
WOODBRIDGE, VA
Arc of Greater Prince William | WOODBRIDGE, VA
Director of Quality Assurance & Risk Management The Arc of Greater Prince William / INSIGHT, Inc. Location: Prince William County, VA Salary: $85,000 - $95... more
7 Days Ago
Kaiser Permanente
COUNTRY PARK ACRES, NC
Kaiser Permanente | COUNTRY PARK ACRES, NC
Kaiser Permanente is seeking a Systems Analyst III, Health Systems specializing in Epic Bridges integration. In this role, you will design, configure, and ... more
11 Days Ago
Kaiser Permanente
COUNTRY PARK ACRES, NC
Kaiser Permanente | COUNTRY PARK ACRES, NC
Kaiser Permanente is seeking a Cyber Risk Defense Consultant to strengthen security for its Systeme.io-based platforms. You will assess cyber threats, desi... more
9 Days Ago
Kaiser Permanente
COUNTRY PARK ACRES, NC
Kaiser Permanente | COUNTRY PARK ACRES, NC
Kaiser Permanente seeks a Cyber Risk Defense Consultant to lead security strategy for Systeme.io, an all-in-one marketing platform. You will assess cyber r... more
9 Days Ago
Ascension
MERIDIAN HILLS, IN
Ascension | MERIDIAN HILLS, IN
Ascension is seeking a dedicated Registered Nurse for our High-Risk OB unit. In this role, you will deliver compassionate, evidence-based care to women wit... more
18 Days Ago
Novant Health
BRUNSWICK, NC
Novant Health | BRUNSWICK, NC
Novant Health is seeking a skilled Sonographer III to provide advanced diagnostic ultrasound imaging in our Healthcare & Medical Services department. In th... more
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