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Associate Risk Analyst Jobs in Ohio (NOW HIRING)

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Associate Risk Analyst information

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$14

$38

$62

How much do associate risk analyst jobs pay per hour?

As of Sep 8, 2026, the average hourly pay for associate risk analyst in Ohio is $38.49, according to ZipRecruiter salary data. Most workers in this role earn between $28.32 and $46.83 per hour, depending on experience, location, and employer.

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 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 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.

Do risk analysts make good money?

Risk analysts typically earn a competitive salary that varies by industry, experience, and location. Entry-level positions often start around $60,000 annually, with experienced analysts earning over $100,000, especially in finance or insurance sectors. Skills in data analysis, risk assessment, and certifications like FRM or CFA can enhance earning potential.

How much do associate risk analysts get paid?

Associate risk analysts typically earn a median annual salary of around $60,000 to $70,000, depending on experience, location, and industry. Entry-level positions may start lower, while those with specialized skills or certifications can earn higher salaries. Compensation often includes benefits such as health insurance and retirement plans.

Is risk analyst a hard job?

A risk analyst role involves analyzing data to identify potential risks and developing strategies to mitigate them, which requires strong analytical skills, attention to detail, and proficiency with data analysis tools. The job can be demanding due to the need for accuracy, problem-solving, and often working under tight deadlines, but it is manageable with proper training and experience.

What are the most commonly searched types of Risk Analyst jobs in Ohio?

The most popular types of Risk Analyst jobs in Ohio are:

What are popular job titles related to Associate Risk Analyst jobs in Ohio?

For Associate Risk Analyst jobs in Ohio, the most frequently searched job titles are:

What job categories do people searching Associate Risk Analyst jobs in Ohio look for?

The top searched job categories for Associate Risk Analyst jobs in Ohio are:

What cities in Ohio are hiring for Associate Risk Analyst jobs?

Cities in Ohio with the most Associate Risk Analyst job openings:

Associate Risk Analyst jobs near you
Infographic showing various Associate Risk Analyst job openings in Ohio as of September 2026, with employment types broken down into 100% Full Time. Highlights an 74% In-person, and 26% Remote job distribution, with an average salary of $80,058 per year, or $38.5 per hour.

Corporate Finance Analyst/Associate/Senior Associate

Columbus, OH • On-site

Northwest
See more jobs at Northwestexternal

Full-time

Posted 11 days ago

Job description

IL0511 Chicago LPO, OH0713 NW Bancshares HQ

Job Description

The Corporate Finance Analyst/Associate/Senior Associate serves as the primary underwriter for complex relationships in the large corporate and middle market portfolio for Northwest Bank. The ability to independently perform highly in-depth qualitative and quantitative analysis at the client, industry and macroeconomic levels is required. The Senior Associate is expected to design and recommend credit structures to senior leadership which align with the needs of the clients and the risk appetite of the Bank. Regular client contact will occur as part of the underwriting and portfolio management duties. Where Northwest Bank is the lead agent, the Senior Associate will be involved in the preparation of loan syndication market materials and other supporting documentation and may participate in sell-side activities.

Analyst, Associate or Sr. Associate level will be determined based on the candidates knowledge and experience.

Essential Functions

  • Prepare detailed credit memorandum for complex lending relationships

  • Complete comprehensive analysis on client financial statements

  • Recommend proper loan structure, including appropriate covenant formulas and definitions

  • Identify credit strengths, weaknesses, risks and mitigating factors

  • Determine the required scope for underwriting and due diligence based on client risk profile

  • Participate in joint calls with Relationship Managers

  • Maintain a working knowledge of macroeconomic factors affecting national and global markets

  • Identify and track loan and credit policy exceptions

  • Monitor ongoing risk in the assigned portfolio and recommend proactive action if necessary

  • Prepare annual or quarterly reviews for relationships within the portfolio, as required

  • Recommend and defend appropriate risk ratings

  • Review and negotiate legal documentation with outside bank counsel

  • Develop financial statement forecasts and enterprise valuations

  • Ensure compliance with Northwest's policies and procedures, and Federal/State regulations

  • Navigate Microsoft Office Software, computer applications, and software specific to the department in order to maximize technology tools and gain efficiency

  • Work as part of a team

  • Work with on-site equipment

Education:

  • Bachelor's degree in Finance, Accounting, or other business-related field preferred

Work History:

  • 5 - 6 years Credit Underwriting in the Corporate Finance sector preferred

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Northwest is an equal opportunity employer. We are committed to creating an inclusive environment for all employees.

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