ZipRecruiter

Log In

1

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

ICI Services

Junior Risk Analyst

Washington, DC · On-site

... 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 ...

next page

Showing results 1-20

People also search for

All JobsAssociate Risk Analyst JobsAssociate Risk Analyst Jobs in Olney, MD

Associate Risk Analyst information

See Olney, MD salary details

$15

$41

$67

How much do associate risk analyst jobs pay per hour?

As of May 30, 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 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 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 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.

Associate Risk Analyst jobs near you
Junior Risk Analyst

Junior Risk Analyst

ICI Services Corporation

Washington, DC • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 19 days ago

Job description

Junior Risk Analyst - Position Description
Join a team that's shaping the future of Navy support. ICI Services-a 100% employee-owned company proudly celebrating 26 years ofexcellence-is seeking a Junior Risk Analyst to immediately support our PMS 410 Frigate (FF(X)) Program Team at the Naval Sea Systems Command (NAVSEA) in Washington, DC
At ICI Services, our employee-owners drive innovation and deliver mission-focused solutions across the Navy enterprise. Our diverse team of acquisition experts, financial analysts, engineers, logisticians, IT professionals, and technical specialists is united by a commitment to quality, performance, and customer success. Become part of an organization where your expertise matters and your contributions have an influence.
Security Clearance:
  • Applicant must hold or be able to obtain an active Department of Defense (DoD) SECRET personnel security clearance.

Responsibilities:
In this role, you will work directly under the Risk Management Coordinator, contributing to the development and execution of the program's Risk, Issue, and Opportunity (RIO) Management framework.Your efforts will directly enhance program performance, strengthen acquisition decision-making, and help ensure the safety and readiness of our sailors.
Risk & Opportunity Management Support
  • Assist the Risk Management Coordinator in developing, updating, and maintaining the Risk and Opportunity Registers for the Frigate Program.
  • Support the identification, analysis, scoring, and mitigation planning for risks and opportunities across technical, programmatic, and business domains.
  • Perform data collection and analysis to help assess vulnerabilities and potential impacts to cost, schedule, and performance in accordance with DoD guidelines.
  • Prepare inputs for monthly RIO reports delivered to the Program Manager and Deputy Program Manager for PMS 515.

Coordination & Stakeholder Engagement
  • Work with government leads, and shipyard partners to gather risk information, track updates, and document risk actions.
  • Support coordination of working-level risk reviews.
  • Assist in preparing materials and documentation for Risk Management Boards.

Documentation & Training
  • Draft and maintain division-level addendums for the Risk Management Plan (RMP).
  • Support the creation of training materials that teach government personnel how to enter risks, score them, and manage mitigation actions.
  • Contribute to strategic development of RIO processes.

Experience Requirements:
  • 1-2+ years of experience in program analysis, project management, data analysis, risk management, or related work (DoD experience highly preferred).
  • Ability to analyze programmatic and technical information and clearly summarize findings.
  • Experience using MS Office tools (Excel, PowerPoint, Word, Outlook).
  • Strong communication, documentation, and presentation skills.
  • Ability to coordinate with government and contractor personnel.
  • Strong organizational skills with the ability to work independently in a time-sensitive environment.
  • Ability to travel approximately 10%.

Education Requirements:
  • Bachelor's degree in technical or business field OR
  • Associate's degree + 2 years of additional experience OR
  • High School Diploma/GED + 4 years of additional experience.

EOE/M/F/Disability/Vet/
VERRAA Federal Contractor
Benefits
ICI Services provides a comprehensive, competitive benefits package.
Our benefits:
  • Employee Stock Ownership Plan
  • 401(k) Plan with Immediately Vesting Match
  • Paid Time Off
  • Paid Holidays
  • Health Insurance
  • Dental Insurance
  • Vision Plan
  • Flexible Spending Accounts (Healthcare, Dependent Care, Transportation, Parking)
  • Life Insurance and Accidental Death & Dismemberment (AD&D)
  • Long Term and Short Term Disability Insurance
  • Tuition Reimbursement
  • Employee Referral Bonus Program
  • Employee Performance Recognition & Awards (Spot Bonuses)
Company Overview
ICI Services is an Employee-Owned Business with a proud history of providing Engineering & Integration, Systems Acquisition, Information Warfare, and In-Service Sustainment to our government customers. These objectives have been achieved by facilitating strong customer satisfaction and continuous growth. ICI Services' engineers, analysts, logisticians, technicians and information technology specialists provide integral, quality support to multiple US Navy organizations and the Department of Homeland Security. We are headquartered in Virginia Beach, VA.
EOE/M/F/Disability/Vet
VEVRAA Federal Contractor

Apply