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How much do associate risk analyst jobs pay per hour?

As of Jun 19, 2026, the average hourly pay for associate risk analyst in Virginia is $40.14, according to ZipRecruiter salary data. Most workers in this role earn between $29.57 and $48.85 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 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 Virginia? The most popular types of Risk Analyst jobs in Virginia are:
What are popular job titles related to Associate Risk Analyst jobs in Virginia? For Associate Risk Analyst jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Associate Risk Analyst jobs in Virginia look for? The top searched job categories for Associate Risk Analyst jobs in Virginia are:
What cities in Virginia are hiring for Associate Risk Analyst jobs? Cities in Virginia with the most Associate Risk Analyst job openings:
Associate Risk Analyst jobs near you
Infographic showing various Associate Risk Analyst job openings in Virginia as of June 2026, with employment types broken down into 41% Full Time, and 59% Part Time. Highlights an 46% In-person, and 54% Hybrid job distribution, with an average salary of $83,487 per year, or $40.1 per hour.
Analyst II, Cybersecurity- Information Risk Management

Analyst II, Cybersecurity- Information Risk Management

CarMax, Inc.

Richmond, VA • On-site

Full-time

Posted 13 days ago

CarMax rating

8.0

Company rating: 8.0 out of 10

Based on 367 frontline employees who took The Breakroom Quiz

26th of 715 rated retailers

Job description

8901 - Corp Office West Crk - 12800 Tuckahoe Creek Parkway, Richmond, Virginia, 23238
CarMax, the way your career should be!
We are looking for an Analyst II, Information Risk Management to maintain and enhance the Information Risk Management posture of an innovative and fast paced company that is leveraging technology to provide innovative methods to improve the car buying experience.
The Analyst II, Information Risk Management is an integral individual contributor role within the CarMax Information Security Organization, focused on planning and executing critical risk and privacy operations and initiatives for the company to ensure continuous privacy operations, modernize control methodologies through automation and artificial intelligence, and streamline privacy assessments to improve the program's efficiency and effectiveness.
This is a unique opportunity to work at a Fortune 200 company and national brand to expand your skills and influence a growing Technology Program. This role will partner across Business and Technology teams to design, implement and manage privacy operations practices ensuring CarMax effectively assesses and mitigates risk to company and customer data. The successful candidate will leverage strengths in privacy operations execution and drive continuous improvement through process optimization, automation and AI for streamlined efficiency.
What you will do - Essential Responsibilities
The Analyst II, Information Risk Management - Privacy will focus primarily on facilitating and supporting regulatory and privacy operations for the company to ensure an effective and compliant posture for CarMax and our customers. This role serves as the conduit between the business community, Privacy core team, technology, and the application development teams. The Analyst II - Privacy manages the intake, analysis and completion of privacy requests and facilitates all operational aspects of the privacy lifecycle, including:
  • Privacy Request Support - Coordinate with multiple technology teams to capture, assess and process data subject access requests (DSAR) timely and accurately.
  • Privacy Operations Management - Use service delivery principles to implement, execute and measure the program and related services consistently and effectively. Prepare and deliver regular program updates with KPIs that illustrate volumes, trends and risk areas to stakeholders. Maintain appropriate work management practices and backlogs to meet or exceed SLAs.
  • Process Improvement - Identify and implement opportunities to simplify and strengthen our privacy risk management processes and capabilities using process analysis, automation and AI where applicable.
  • Privacy Technology Administration - Utilize standalone and integrated platforms in daily operations and perform system improvements and administration.
  • Privacy Impact Assessment - Facilitate ongoing data privacy assessments of internal systems to effectively manage data sensitivity risk across in the enterprise.
  • Policy Governance Lifecycle Management - Own and manage the technology and information security focused guidance to ensure all policies, procedures, standards and job aids remain current, published and available for our associates.
  • Knowledge Management - Document and maintain clear, effective reference documentation (playbooks, processes, job aids, technical diagrams) as an internal knowledgebase and for ease of customer experience.
  • Projects, as defined - Participate in related strategic and tactical projects as necessary to mature the privacy operations function.
  • As an integral member of the team, exhibiting ownership, follow-through, initiative, awareness and effective communication with peers and management and ability to speak to details of privacy operations.
  • Maintain a strong knowledge base and awareness of industry and technological trends, external regulations for new or changed requirements within privacy and technology for core processes (e.g. NiST, PCI, ITIL, data privacy etc.).

Qualifications and Requirements:
  • Bachelor's degree in business / computer science / information systems (or related)
  • 2+ years working experience in privacy, technology compliance, IT Audit, cybersecurity, or related experience.
  • One or more of the following privacy-focused certifications such as: CIPP, CIPM, CIPT, CIA, CRSC, CISA.
  • Experience / familiarity with relevant U.S. legal frameworks and privacy regulation such as: CCPA, GLBA, PCI, NYDFS, CFPB.
  • Detail oriented - Possess a keen eye for detail and accuracy in all operations. Leverage defined, repeatable methods for managing work and communicating progress and priority.
  • Analytical approach - Ability to perform data analysis and trending, problem solve obstacles and find alternative ways to meet and achieve privacy goals,
  • Ability to understand and implement information risk and privacy principles across disciplines. Apply a risk-based approach to analysis in a fast-paced, rapidly evolving environment .
  • Customer Focus - Ability to provide exceptional customer service for our internal partners, with a mindset for understanding their need and consistently finding ways to exceed expectation.
  • Communication - Excellent verbal and written communication skills, with the ability to structure and deliver clear, accurate messaging. Ability to create and present concepts to various audiences, facilitate discussion with diplomacy while seeking diverse opinions to reach consensus
  • Collaboration - Strong emphasis on effective relationship building and partnership.
  • Demonstrate initiative, ownership, and a service-oriented mindset in all interactions.

Work Location and Arrangement: This role will be based out of the Richmond, VA Technology Innovation Center. Associates based in Richmond work onsite 4 days per week.
Work Authorization: Applicants must be currently authorized to work in the United States on a full-time basis. Sponsorship will not be considered for this specific role.
About CarMax
CarMax disrupted the auto industry by delivering the honest, transparent and high-integrity experience customers want and deserve. This innovative thinking around the way cars are bought and sold has helped us become the nation's largest retailer of used cars, with over 200 locations nationwide.
Our amazing team of more than 25,000 associates work together to deliver iconic customer experiences. Along the way, we help every associate grow their career and achieve their best, at work and in their community. We are recognized for our commitment to training and diversity and are one of the FORTUNE 100 Best Companies to Work For®.
Our Commitment to Diversity and Inclusion:
CarMax is committed to bringing together people from different backgrounds and perspectives, providing employees with a safe, welcoming, and inclusive work environment.
CarMax is an equal opportunity employer, and all qualified candidates will receive consideration for employment without regard to age, race, color, religion, sex, sexual orientation, gender identity, gender expression, genetic information, national origin, protected veteran status, disability status, and any other characteristics protected by law.
Upon an applicant's request, CarMax will consider reasonable accommodation to complete the CarMax Job Application.

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