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Associate Risk Analyst Jobs in Raleigh, NC (NOW HIRING)

NC SECU

Regulatory Compliance Analyst

Raleigh, NC · Hybrid

The Regulatory Compliance Analyst position sits in the Regulatory Compliance team within Risk ... Associates degree in any field. An additional 2 years of relevant experience can be considered in ...

Elevance Health

Coding Analyst Sr.

Durham, NC · On-site

This role enables associates to work virtually full-time, with the exception of required in-person ... AAPC Certified Risk Adjustment Coder (CRC) is highly preferred. * Knowledge of medical terminology ...

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All JobsAssociate Risk Analyst JobsAssociate Risk Analyst Jobs in Raleigh, NC

Associate Risk Analyst information

See Raleigh, NC salary details

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How much do associate risk analyst jobs pay per hour?

As of Sep 10, 2026, the average hourly pay for associate risk analyst in Raleigh, NC is $39.35, according to ZipRecruiter salary data. Most workers in this role earn between $28.99 and $47.88 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 Raleigh, NC?

The most popular types of Risk Analyst jobs in Raleigh, NC are:

What are popular job titles related to Associate Risk Analyst jobs in Raleigh, NC?

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

What job categories do people searching Associate Risk Analyst jobs in Raleigh, NC look for?

The top searched job categories for Associate Risk Analyst jobs in Raleigh, NC are:

What cities near Raleigh, NC are hiring for Associate Risk Analyst jobs?

Cities near Raleigh, NC with the most Associate Risk Analyst job openings:

Associate Risk Analyst jobs near you
Infographic showing various Associate Risk Analyst job openings in Raleigh, NC as of September 2026, with employment types broken down into 13% Internship, and 87% Full Time. Highlights an 100% In-person job distribution, with an average salary of $81,854 per year, or $39.4 per hour.

Manager Sourcing Analyst (Hybrid)

Raleigh, NC • Hybrid

First Citizens Bank
See more jobs at First Citizens Bankexternal

Full-time

Posted 29 days ago

Key responsibilities

  • Manage and develop a team of sourcing professionals to ensure high-quality execution of strategic sourcing and contract management activities.

  • Oversee the planning, execution, and monitoring of sourcing programs, including vendor negotiations, contract structuring, and ensuring compliance with policies and risk management requirements.

  • Collaborate with internal stakeholders and leadership to deliver cost optimization, risk mitigation, and operational efficiency through sourcing activities.

First Citizens Bank rating

7.4

Company rating: 7.4 out of 10

Based on 106 frontline employees who took The Breakroom Quiz

Job description

Overview

This is a hybrid role, with the expectation that time working will regularly take place inside and outside of a company office.

The Manager, Sourcing Analyst role is a player-coach leader responsible for managing and developing a team of sourcing professionals while ensuring high-quality execution of end-to-end strategic sourcing and contract management activities. This role drives enterprise value through effective supplier selection, negotiation, contract structuring, and governance, while aligning sourcing strategies with business objectives.

This role ensures sourcing operations are compliant with Bank policies and third-party risk management requirements and works closely with internal stakeholders to deliver cost optimization, risk mitigation, and operational efficiency. This role also focuses on building team capability, standardizing processes, and enhancing sourcing maturity across the organization.


Responsibilities & Qualifications
  • Managerial Functions - Establishes and monitors expectations to achieve company and department goals. Makes appropriate changes to team procedures and efficiencies to meet objectives. Manages the performance, training, and evaluation of assigned staff. Maximizes department achievements by providing professional development.
  • Sourcing Oversight - Manages the planning, execution, and successful completion of sourcing programs and projects. Manages a team of associates that negotiate vendor solutions for business needs. Conduct ongoing monitoring of program effectiveness and associate performance, implementing process enhancements as necessary. Oversees effective, consistent communications between sourcing team and internal stakeholders. Works with leadership on reporting, contract structuring and negotiation, providing guidance on complex vendor relationships or issues.
  • Business Support - Develops a change management strategy and communication plan that minimizes risk while maximizing benefits. Works closely with management, lines of business, and project teams throughout sourcing activities.
  • Risk Management - Collaborates with the Risk Management department to align with the Third-Party Risk Management program, and to foster risk management education and awareness.

Qualifications:

Bachelor's Degree and 8 years of experience in Contract Structuring and Negotiation (Price and terms) for Services, Consulting, Software and Outsourcing Agreements

OR

High School Diploma or GED and 12 years of experience in Contract Structuring and Negotiation (Price and terms) for Services, Consulting, Software and Outsourcing Agreements

Additional Requirements:

  • Strong third-party lifecycle management experience
  • Strong contract lifecycle management experience
  • Procure-to-Pay (P2P) knowledge and experience
  • Strong leadership experience with a track record of developing, coaching, and managing high-performing teams.
  • Exceptional vendor relationship management skills with ability to drive performance, accountability, and strategic partnerships.
  • Proficient in Excel and PowerPoint

Preferred:

  • Experience with Coupa procurement platform
  • Experience using contract lifecycle management systems, such as Icertis
  • Experience with Archer governance, risk, and compliance (GRC) platform
  • Experience with leveraging RFP management tools  

Additional Information

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

#LI-CO1

Qualifications:

Benefits are an integral part of total rewards and First Citizens Bank is committed to providing a competitive, thoughtfully designed and quality benefits program to meet the needs of our associates. More information can be found at https://jobs.firstcitizens.com/benefits.

#LI-CO1

Education:UNAVAILABLEEmployment Type: FULL_TIME

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