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Associate Risk Analyst information

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$63

How much do associate risk analyst jobs pay per hour?

As of May 29, 2026, the average hourly pay for associate risk analyst in Maryland is $39.29, according to ZipRecruiter salary data. Most workers in this role earn between $28.94 and $47.84 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as an Associate Risk Analyst, and why are they important?

To thrive as an Associate Risk Analyst, you need strong analytical abilities, attention to detail, and a background in finance, economics, or a related field—often supported by a bachelor’s degree. Familiarity with risk assessment software, data analysis tools like Excel or SAS, and knowledge of regulatory frameworks are typically required. Effective communication, problem-solving, and teamwork are vital soft skills that help you convey findings and collaborate across departments. These skills ensure accurate risk evaluation, compliance, and informed decision-making to protect organizational interests.

What are some common challenges an Associate Risk Analyst faces during the first year on the job?

New Associate Risk Analysts often encounter challenges such as adapting to fast-paced environments, understanding complex risk models, and learning to interpret large volumes of data accurately. Balancing multiple projects and meeting deadlines while maintaining attention to detail can also be demanding. Additionally, collaborating effectively with team members from different departments, such as compliance and finance, requires strong communication skills and a willingness to learn from experienced colleagues.

What does an Associate Risk Analyst do?

An Associate Risk Analyst helps organizations identify, assess, and manage potential risks that could affect their operations or financial stability. Their daily tasks often include analyzing data, preparing risk reports, evaluating risk management policies, and supporting senior analysts in developing strategies to mitigate potential threats. They typically work in industries such as finance, insurance, or consulting, and use various analytical tools to detect and evaluate risks. Strong analytical, communication, and problem-solving skills are important for success in this role.

What is the difference between Associate Risk Analyst vs Risk Analyst?

AspectAssociate Risk AnalystRisk Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some certifications like FRM or CRMBachelor's or master's degree; often holds certifications like FRM, CRM, or CRC
Work EnvironmentEntry-level position in finance, insurance, or banking firms; supervised environmentMore experienced role; involved in complex risk assessments and decision-making
Employer & Industry UsageCommon in banking, insurance, and financial servicesUsed across similar industries, often with more responsibility

The main difference between an Associate Risk Analyst and a Risk Analyst lies in experience and responsibility. The Associate Risk Analyst is an entry-level role focusing on supporting risk assessments, while the Risk Analyst handles more complex analysis and decision-making. Both roles require similar educational backgrounds and certifications, but the Risk Analyst typically has more experience and autonomy in their work.

What are the most commonly searched types of Risk Analyst jobs in Maryland? The most popular types of Risk Analyst jobs in Maryland are:
What cities in Maryland are hiring for Associate Risk Analyst jobs? Cities in Maryland with the most Associate Risk Analyst job openings:
Associate Risk Analyst jobs near you
Infographic showing various Associate Risk Analyst job openings in Maryland as of May 2026, with employment types broken down into 2% As Needed, 64% Full Time, 26% Part Time, and 8% Contract. Highlights an 96% Physical, 2% Hybrid, and 2% Remote job distribution, with an average salary of $81,729 per year, or $39.3 per hour.
Risk Management Analyst

Risk Management Analyst

TM3 Solutions, Inc.

Baltimore, MD • On-site

Full-time

Posted 26 days ago

Job description

Overview of Role:
The Risk Management Analyst (Associate) identifies, analyzes, and mitigates programmatic and technical risks across network design and modernization projects for Department of Defense installations. Key responsibilities include maintaining the program risk register, developing risk mitigation and contingency plans, conducting schedule risk analysis, and coordinating with cybersecurity and engineering teams on authorization-related risks. The analyst also provides risk reporting to program leadership and participates in technical reviews and design gate activities to proactively identify and address emerging risks.
Roles and Responsibilities:
Identifies, analyzes, and mitigates programmatic and technical risks across network design and modernization efforts for DoD installations. Maintains the program risk register; develops risk mitigation and contingency plans; conducts schedule risk analysis for cost-plus performance areas; coordinates with cybersecurity and engineering teams on ATO-related risks; provides risk reporting to program leadership; and participates in technical reviews and design gate activities to proactively identify and address emerging risks. "Risk Manager
(OV-RM-001)
Educational and Certification Requirement:
Associate: 2 years' experience and a B.A./B.S. degree.
RMF experience; familiarity with DoD risk management frameworks; CISSP or Security+ CE preferred
Must have Active Secret Clearance
The Supported Installation Locations:
Toledo, OH
Milwaukee, WI
Columbus, OH
Madison, WI
Baltimore, MD
Portsmouth, NH
Knoxville, TN
Battle Creek, MI
Springfield, OH
Bangor, ME

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