How Much Does an Operational Risk Associate Make in Newark, NJ?

Updated March 01, 2025
As of March 01, 2025, the average annual pay of Operational Risk Associate in Newark, NJ is $114,704. While Salary.com is seeing that Operational Risk Associate salary in Newark, NJ can go up to $152,590 or down to $83,540, but most earn between $98,391 and $134,535. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, and your experience levels. With more online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target.
25% $98,391 10% $83,540 90% $152,590 75% $134,535 $114,704 50%(Median)
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Similar Job Salaries to Operational Risk Associate by Company

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Company average base salary in (usd) range
Valley Bank
Sr Operational Risk Analyst
$140,981/yr
$121,692
$160,269
RANGE: $121,692 - $160,269
Qcells
Operational Risk Manager
$181,569/yr
$157,468
$205,670
RANGE: $157,468 - $205,670
Valley Bank
Sr Analyst, Operational Risk
$116,792/yr
$101,041
$132,544
RANGE: $101,041 - $132,544
BD (Becton, Dickinson and Company)
Manager, Digital Risk Operational Excellence
$195,708/yr
$170,165
$221,250
RANGE: $170,165 - $221,250
TEPHRA
Risk Advisor-BFS - Operational Risk Management
$129,544/yr
$111,031
$148,056
RANGE: $111,031 - $148,056
TrustFlow Digital Solutions (Acquired by Docufree)
Operational Processing Associate
$100,427/yr
$88,375
$112,480
RANGE: $88,375 - $112,480
Aflac, Incorporated
Associate Operational Risk Analyst
$131,716/yr
$109,544
$153,887
RANGE: $109,544 - $153,887
Santander US
Senior Operational Risk Associate
$143,554/yr
$123,187
$163,921
RANGE: $123,187 - $163,921
Royal Bank of Canada>
Internal Audit Manager - Enterprise Risk, Operational Risk and Capital Planning
$134,384/yr
$118,140
$150,629
RANGE: $118,140 - $150,629
Goldman Sachs
Operational Risk-Operational Resilience-DALLAS-Associate
$109,055/yr
$93,899
$124,210
RANGE: $93,899 - $124,210

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What Does an Operational Risk Associate Do?

Technical and quantitative aptitude to be able to understand and develop quantification of operational risks.
Updated October 05, 2021
Operational Risk Management is part of Compliance, Conduct and Operational Risk (CCOR), within the Risk Management and Compliance organization.
Updated December 16, 2021
The Operational Risk Team is accountable for risk governance, risk identification, risk assessments, independent challenge, resiliency management and event management.
Updated December 15, 2021
Promote and instill a strong culture of operational risk management, partner with the business and second-line functions to continually improve operational processes supporting safe business growth and informing and influencing risk-based decision making.
Updated December 10, 2021
Knowledge about risk management framework for financial institutions, credit bureaus, operational controls, and risk-based methodologies.
Updated December 10, 2021

Frequently Asked Questions About an Operational Risk Associate Salaries

What is the average of an Operational Risk Associate in Newark, NJ?

The Operational Risk Associate salary range is from $98,391 to $134,535, and the average Operational Risk Associate salary is $114,704/year in Newark, NJ. The Operational Risk Associate's salary will change in different locations.

Which location pays the highest Operational Risk Associate salary in the United States?

The Operational Risk Associate salary in San Jose, CA is $127,392 which is the highest in the US.

What kinds of reasons will influence the Operational Risk Associate's salary?

Besides the location, employees' education degree, related skills, and work experience also will influence the salary. Try to improve your skills and experience to get a higher salary for the position of Operational Risk Associate.

What is the growth rate of the Operational Risk Associate's salary?

If you are thinking of becoming an Operational Risk Associate or planning the next step in your career, find the detailed salary report of an Operational Risk Associate.