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Associate Risk Analyst Jobs in Massachusetts (NOW HIRING)

AIG

Associate Actuary - Risk Management

Boston, MA

$115K - $145K/yr

Associate Actuary - Risk Management At AIG, we are reimagining the way we help customers to manage ... Strong analytical skills, knowledge of drivers of risk and knowledge of the insurance market.

Morgan Stanley

National Risk Officer

Boston, MA · On-site

In conjunction with the Senior Risk Officer (SRO) and the Associate/Regional Risk Officer (ARRO/RRO ... Strong quantitative and analytical skills * High motivation and energy with ability to develop ...

IMP Consulting

Associate Analyst

Boston, MA · On-site

$65K/yr

Associate Analyst - Boston, MA IMP is seeking versatile client-facing Associates to join our ... We work with buy-side asset managers on their Order Management Systems (OMS), Compliance, Risk ...

Berkshire Bank

Loan Review Officer

Pittsfield, MA · On-site

$55K - $102K/yr

... analyst, Loan Review Associate, credit officer, or risk analyst of a steadily growing commercial portfolio • Some accounting experience preferred Skills & Knowledge: • Strong analytical and ...

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All JobsAssociate Risk Analyst JobsAssociate Risk Analyst Jobs in Massachusetts

Associate Risk Analyst information

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$16

$44

$71

How much do associate risk analyst jobs pay per hour?

As of Jul 9, 2026, the average hourly pay for associate risk analyst in Massachusetts is $44.21, according to ZipRecruiter salary data. Most workers in this role earn between $32.55 and $53.80 per hour, depending on experience, location, and employer.

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 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 qualifications do I need to be a risk analyst?

To become an associate risk analyst, candidates typically need a bachelor's degree in finance, economics, statistics, or a related field. Strong analytical skills, proficiency in data analysis tools like Excel or SQL, and knowledge of risk management principles are also important. Certifications such as the Financial Risk Manager (FRM) or Professional Risk Manager (PRM) can enhance job prospects.

How much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, education, and location. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

What jobs in the US pay 300,000 a year?

For an Associate Risk Analyst, earning $300,000 annually is uncommon; such high salaries are typically associated with executive-level roles, senior risk management positions, or specialized financial roles like chief risk officer or senior quantitative analyst. These positions often require extensive experience, advanced certifications, and leadership responsibilities within financial institutions or large corporations.

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.

Is risk analyst an entry level job?

A risk analyst position can be entry-level or require experience, depending on the company and industry. Entry-level risk analyst roles typically require a bachelor's degree in finance, economics, or a related field, and may involve on-the-job training with basic analytical tools. More advanced roles may require several years of experience or specialized certifications such as FRM or CRM.
What are the most commonly searched types of Risk Analyst jobs in Massachusetts? The most popular types of Risk Analyst jobs in Massachusetts are:
What are popular job titles related to Associate Risk Analyst jobs in Massachusetts? For Associate Risk Analyst jobs in Massachusetts, the most frequently searched job titles are:
What job categories do people searching Associate Risk Analyst jobs in Massachusetts look for? The top searched job categories for Associate Risk Analyst jobs in Massachusetts are:
What cities in Massachusetts are hiring for Associate Risk Analyst jobs? Cities in Massachusetts with the most Associate Risk Analyst job openings:
Associate Risk Analyst jobs near you
Infographic showing various Associate Risk Analyst job openings in Massachusetts as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 80% Full Time, 12% Part Time, 2% Temporary, and 4% Contract. Highlights an 81% Physical, 5% Hybrid, and 14% Remote job distribution, with an average salary of $91,967 per year, or $44.2 per hour.
Technology Risk Advisory - AI Risk Senior Associate

Technology Risk Advisory - AI Risk Senior Associate

RSM

Cambridge, MA • On-site

Full-time

This job post has expired today. Applications are no longer accepted.

Job description

We are the leading provider of professional services to the middle market globally, our purpose is to instill confidence in a world of change, empowering our clients and people to realize their full potential. Our exceptional people are the key to our unrivaled, culture and talent experience and our ability to be compelling to our clients. You’ll find an environment that inspires and empowers you to thrive both personally and professionally. There’s no one like you and that’s why there’s nowhere like RSM.

Role Overview

The Technology Risk Advisory - AI Risk Senior Associate will play a key role in helping clients strengthen their technology, AI, and cybersecurity risk capabilities. You’ll support the design, assessment, and governance of AI and GenAI systems, evaluate cloud and data controls, and contribute to emerging risk frameworks that keep pace with rapid innovation.

This role blends hands‑on technical exposure with structured risk thinking—ideal for someone who can navigate both model development concepts and regulatory expectations.

Key Responsibilities

  • AI/ML Risk Assessments — Support and execute risk and compliance assessments for AI/ML and GenAI systems, including model lifecycle controls, data governance, and responsible AI considerations.
  • Technology & Cloud Compliance — Evaluate IT, cloud, and data environment controls (IAM, encryption, logging, monitoring, network segmentation).
  • Model Governance Support — Contribute to model documentation, testing artifacts, lineage tracking, and change management for AI systems.
  • Emerging Technology Risk — Support assessments related to GenAI, automation, cloud-native architectures, and digital transformation initiatives.
  • Software & Data Engineering Fundamentals — Apply understanding of APIs, data pipelines, testing, and version control to evaluate technical risk.
  • Cross‑Functional Collaboration — Work with engineering, data science, cybersecurity, model risk, and audit teams across the 1st and 2nd lines of defense.
  • Client Delivery — Support workplans, manage assigned tasks, gather requirements, and contribute to high‑quality client deliverables.
  • Risk Translation — Translate technical design elements (data flows, model behavior, system architecture) into clear risk considerations.
  • Communication & Reporting — Prepare documentation, assessment outputs, and stakeholder‑ready reporting that simplifies complex AI and technology concepts.

Required Experience & Qualifications

  • Bachelor’s or Master’s degree in Computer Science, Engineering, Data Science, Information Systems, Risk, or related field.
  • 2–5 years supporting delivery of technology solutions, with exposure to AI/ML or GenAI and experience in risk, compliance, audit, or regulated environments.
  • Working knowledge of modern ML/GenAI stacks (Python, model development frameworks, embeddings, RAG concepts).
  • Hands‑on contribution to model development, evaluation, or implementation.
  • Experience assessing or implementing AI systems on cloud platforms (IAM, encryption, data governance, environment controls).
  • Solid understanding of software engineering fundamentals: APIs, data pipelines, testing, version control, CI/CD exposure.
  • Ability to translate technical design into risk and control implications with guidance.
  • Experience supporting AI governance and model risk documentation.
  • Strong analytical and problem‑solving skills with the ability to structure ambiguous problems.
  • Consulting fundamentals: requirement gathering, task management, coordination across teams.
  • Effective communicator able to translate technical concepts into clear business and risk language.

Preferred Qualifications

  • Certifications such as AAIA, AAISM, AIGP, CISA, CISSP, CCSP, CRISC, or AI‑focused credentials.
  • Experience with AI risk frameworks, responsible AI principles, or cloud compliance programs.

At RSM, we offer a competitive benefits and compensation package for all our people. We offer flexibility in your schedule, empowering you to balance life’s demands, while also maintaining your ability to serve clients. Learn more about our total rewards at https://rsmus.com/careers/working-at-rsm/benefits.

All applicants will receive consideration for employment as RSM does not tolerate discrimination and/or harassment based on race; color; creed; sincerely held religious beliefs, practices or observances; sex (including pregnancy or disabilities related to nursing); gender; sexual orientation; HIV Status; national origin; ancestry; familial or marital status; age; physical or mental disability; citizenship; political affiliation; medical condition (including family and medical leave); domestic violence victim status; past, current or prospective service in the US uniformed service; US Military/Veteran status; pre-disposing genetic characteristics or any other characteristic protected under applicable federal, state or local law.

Accommodation for applicants with disabilities is available upon request in connection with the recruitment process and/or employment/partnership. RSM is committed to providing equal opportunity and reasonable accommodation for people with disabilities. If you require a reasonable accommodation to complete an application, interview, or otherwise participate in the recruiting process, please call us at 800-274-3978 or send us an email at careers@rsmus.com.

RSM does not intend to hire entry level candidates who will require sponsorship now OR in the future (i.e. F-1 visa holders). If you are a recent U.S. college / university graduate possessing 1-2 years of progressive and relevant work experience in a same or similar role to the one for which you are applying, excluding internships, you may be eligible for hire as an experienced associate.

RSM will consider for employment qualified applicants with arrest or conviction records. For those living in California or applying to a position in California, please click here for additional information.

At RSM, an employee’s pay at any point in their career is intended to reflect their experiences, performance, and skills for their current role. The salary range (or starting rate for interns and associates) for this role represents numerous factors considered in the hiring decisions including, but not limited to, education, skills, work experience, certifications, location, etc. As such, pay for the successful candidate(s) could fall anywhere within the stated range.

Compensation Range: $77,700 - $146,900

Individuals selected for this role will be eligible for a discretionary bonus based on firm and individual performance.

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