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Associate Risk Analyst Jobs in Olney, MD (NOW HIRING)

... Risk Analyst to immediately support our PMS 410 Frigate (FF(X)) Program Team at the Naval Sea ... Associate's degree + 2 years of additional experience OR * High School Diploma/GED + 4 years of ...

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Associate Risk Analyst information

See Olney, MD salary details

$15

$41

$67

How much do associate risk analyst jobs pay per hour?

As of Jul 9, 2026, the average hourly pay for associate risk analyst in Olney, MD is $41.44, according to ZipRecruiter salary data. Most workers in this role earn between $30.53 and $50.43 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 Olney, MD as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 81% Full Time, 12% Part Time, 1% Temporary, and 4% Contract. Highlights an 81% Physical, 7% Hybrid, and 12% Remote job distribution, with an average salary of $86,190 per year, or $41.4 per hour.
Principal Associate, Risk Manager

Principal Associate, Risk Manager

Capital One

Mclean, VA • On-site

Full-time

Posted 10 days ago


Capital One rating

7.8

Company rating: 7.8 out of 10

Based on 143 frontline employees who took The Breakroom Quiz

72nd of 146 rated banks


Job description

Principal Associate, Risk Manager

At Capital One, models are the engines that drive our most salient business decisions. Capital One's Model Risk Office (MROf) governs and maintains these engines to meet regulatory standards by defining the model risk management (MRM) framework and model governance practices for the company.

As a Principal Associate, Risk Manager within the Model Risk Office, you will serve as a critical line of defense in ensuring the integrity of the models that power our enterprise. This isn't just about checking boxes; it's about becoming a subject matter expert in Model Policy and applying high-level judgment to ensure our model inventory remains stable, effective, and compliant.

You will sit at the intersection of policy and execution, managing the controls that mitigate risk and performing deep-dive compliance testing to ensure our most complex tools meet rigorous internal standards.

Responsibilities include but are not limited to:
  • Control Execution: Rigorously execute both key and non-key controls to identify and manage risk within the Model Risk Office.

  • Compliance Testing: Conduct detailed testing of sampled models to verify they meet established policy criteria and regulatory expectations.

  • Policy Stewardship: Become a go-to expert on Model Policy, interpreting guidelines to provide clear direction to stakeholders. Become a go-to expert on our governance system of record, deep understanding of how policy is supported by the system and assist stakeholders with issues.

  • Reporting & Communication: Translate complex testing results into clear, professional business and technical write-ups for leadership.

  • Process Optimization: Actively identify "the better way"-finding efficiencies in existing workflows and control environments.

The ideal candidate for this role can be described as someone who is:
  • Technical Toolkit: Proficiency in Google Workspace (specifically Sheets for data tracking and Slides for executive presentations).

  • Communication Mastery: Exceptional business and technical writing skills. You can take technical findings and turn them into a narrative that influences stakeholders.

  • Judgment & Influence: The ability to look beyond a checklist to identify underlying risks and the confidence to influence partners to adhere to policy.

  • Ownership Mentality: A "full-stack" approach to tasks-taking projects from initial assignment to final delivery with minimal oversight.

Basic Qualifications:

  • Bachelor's degree or military experience

  • At least 5 years of risk management experience

  • At least 2 years of operational or model risk management experience

  • At least 3 years of Project Management experience

  • At least 2 years of experience supporting, partnering and interacting with internal business clients

  • At least 3 years of experience using Microsoft Excel or Google Sheets, with a proficiency in joining disparate data sets to analyze and solve challenges

Preferred Qualifications:

  • 3+ years of operational or model risk management experience

  • 2+ years of experience within financial services

  • At least 2 years of experience working with and applying the standards set forth in supervisory letters guiding model risk management, to include OCC Bulletin 2011-12 and FRB SR 11-7

  • Lean, Agile or Six Sigma certification


At this time, Capital One will not sponsor a new applicant for employment authorization for this position.

The minimum and maximum full-time annual salaries for this role are listed below, by location. Please note that this salary information is solely for candidates hired to perform work within one of these locations, and refers to the amount Capital One is willing to pay at the time of this posting. Salaries for part-time roles will be prorated based upon the agreed upon number of hours to be regularly worked.

McLean, VA: $120,800 - $137,900 for Principal Risk Specialist


Richmond, VA: $109,900 - $125,400 for Principal Risk Specialist


Riverwoods, IL: $109,900 - $125,400 for Principal Risk Specialist









Candidates hired to work in other locations will be subject to the pay range associated with that location, and the actual annualized salary amount offered to any candidate at the time of hire will be reflected solely in the candidate's offer letter.

This role is also eligible to earn performance based incentive compensation, which may include cash bonus(es) and/or long term incentives (LTI). Incentives could be discretionary or non discretionary depending on the plan.

Capital One offers a comprehensive, competitive, and inclusive set of health, financial and other benefits that support your total well-being. Learn more at theCapital One Careers website. Eligibility varies based on full or part-time status, exempt or non-exempt status, and management level.

This role is expected to accept applications for a minimum of 5 business days.No agencies please. Capital One is an equal opportunity employer (EOE, including disability/vet) committed to non-discrimination in compliance with applicable federal, state, and local laws. Capital One promotes a drug-free workplace. Capital One will consider for employment qualified applicants with a criminal history in a manner consistent with the requirements of applicable laws regarding criminal background inquiries, including, to the extent applicable, Article 23-A of the New York Correction Law; San Francisco, California Police Code Article 49, Sections 4901-4920; New York City's Fair Chance Act; Philadelphia's Fair Criminal Records Screening Act; and other applicable federal, state, and local laws and regulations regarding criminal background inquiries.

If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation, please contact Capital One Recruiting at 1-800-304-9102 or via email at RecruitingAccommodation@capitalone.com. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

For technical support or questions about Capital One's recruiting process, please send an email to Careers@capitalone.com

Capital One does not provide, endorse nor guarantee and is not liable for third-party products, services, educational tools or other information available through this site.

Capital One Financial is made up of several different entities. Please note that any position posted in Canada is for Capital One Canada, any position posted in the United Kingdom is for Capital One Europe and any position posted in the Philippines is for Capital One Philippines Service Corp. (COPSSC).


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