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Associate Risk Analyst Jobs in Brookings, SD (NOW HIRING)

Associate Attorney

Brookings, SD · On-site

$90K - $120K/yr

Analyze and process litigation inventory reports and litigation files, as assigned by the Managing ... Evaluate case merits, assess risk exposure, and provide strategic legal recommendations * Maintain ...

Associate Attorney

Brookings, SD · On-site

$90K - $120K/yr

Analyze and process litigation inventory reports and litigation files, as assigned by the Managing ... Evaluate case merits, assess risk exposure, and provide strategic legal recommendations * Maintain ...

Associate Risk Analyst information

See Brookings, SD salary details

$14

$37

$60

How much do associate risk analyst jobs pay per hour?

As of Jul 26, 2026, the average hourly pay for associate risk analyst in Brookings, SD is $37.27, according to ZipRecruiter salary data. Most workers in this role earn between $27.45 and $45.38 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.
Infographic showing various Associate Risk Analyst job openings in Brookings, SD as of June 2026, with employment types broken down into 39% Full Time, and 61% Part Time. Highlights an 45% In-person, and 55% Hybrid job distribution, with an average salary of $77,528 per year, or $37.3 per hour.

Quality Assurance Analyst- National Products

BankEasy

Brookings, SD • On-site

Full-time

Posted 23 days ago


Job description

Job Description:
This person will be responsible for ongoing quality assurance reviews and user acceptance testing in support of FBT's National Products Partner programs.
Qualifications: This person should have an associate's degree and a minimum of 2 years of relevant work experience, or an equivalent combination of education and experience. Strong communication, organization, and analytical skills, along with financial services knowledge is essential. A general understanding of banking compliance regulations and experience with Salesforce and SharePoint is preferred.
Principal Responsibilities:
  • Perform independent monthly reviews of complex regulatory or risk-based processes using internal and Partner systems for various programs managed by the National Products department.
  • Conduct testing of Partner programs prior to launch; including product, system, user experience and documentation testing.
  • Document findings from reviews and testing, assess risk levels, identify trends, and track and validate Partner resolution of findings.
  • Interpret review requirements and identify exceptions along with their associated risk levels.
  • Work with supervisor to document data request needs from said Partners and servicers and track for data fulfillment.
  • Support the National Products Quality Assurance staff as back-up to the specialist on operational tasks, which may include answering minimal customer calls, inbox and misdirected mail management on a weekly rotational basis.
  • Act in accordance with FBT policies and procedures as set forth in the employee handbook.
  • Adhere to compliance procedures and participate in required compliance training.

Compensation Grade
Hourly Grade 4
First Bank & Trust is an Equal Opportunity, Affirmative Action employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity or expression, national origin, disability, or status as a protected veteran. Read our complete Equal Employment Opportunity Policy Statement. Applicants who would like to request reasonable accommodation to the application or interview process should call Human Resources at 800.843.1552 or email hr@bankeasy.com.