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Business Risk Analyst Jobs in Ohio (NOW HIRING)

Develop and maintain risk registers for major projects and business units * Evaluate exposure ... Analyze loss runs, claims history, and deductible exposure * Support claims management ...

Risk Analyst

Akron, OH · On-site

$120K - $142K/yr

Perform risk advisory services to support business units and senior management to continue to ... Conduct Risk Advisory Services to support business units in analyzing and managing enterprise-wide ...

Risk Analyst

Akron, OH

$120K - $142K/yr

Perform risk advisory services to support business units and senior management to continue to ... Conduct Risk Advisory Services to support business units in analyzing and managing enterprise-wide ...

Cyber Risk Analyst

Cincinnati, OH · On-site +1

$35/hr

Basic familiarity with cybersecurity principles, risk concepts and business process analysis Strong organizational and documentation skills Proficient using Excel, Power BI, or other reporting tools ...

Enterprise Risk Management Analyst This position provides direct support to the Director, Risk ... business to ensure transparency and understanding of reputational risk considerations while ...

Enterprise Risk Management Analyst This position provides direct support to the Director, Risk ... business to ensure transparency and understanding of reputational risk considerations while ...

We are hiring for an exciting opportunity as a Fraud Risk Analyst 4 within U.S. Bancorp ... Collaboration is key-you will work closely with business partners to quantify the impact of rule ...

Bachelor's degree in Risk Management, Finance, Business, Accounting, Legal Studies, or a related ... Analytical mindset with an interest in understanding loss drivers and claim trends * Clear and ...

Reviews credit information and makes decisions related to credit limits and credit holds for existing customers while balancing business risk * Analyze portfolio level information to identify and ...

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Business Risk Analyst information

See Ohio salary details

$17

$41

$75

How much do business risk analyst jobs pay per hour?

As of Jul 6, 2026, the average hourly pay for business risk analyst in Ohio is $41.17, according to ZipRecruiter salary data. Most workers in this role earn between $29.95 and $50.53 per hour, depending on experience, location, and employer.

What are some common challenges a Business Risk Analyst faces when assessing risks across multiple departments?

A Business Risk Analyst often encounters the challenge of gathering consistent and comprehensive data from various departments, each with its own processes and risk perspectives. Coordinating across teams to identify, quantify, and prioritize risks requires strong communication and negotiation skills. Additionally, ensuring that risk mitigation strategies are both practical and aligned with organizational goals can be complex, especially in rapidly changing business environments. Frequent collaboration and adaptability are key to overcoming these challenges and ensuring effective risk management.

What is the difference between Business Risk Analyst vs Credit Analyst?

AspectBusiness Risk AnalystCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like FRM or CRMBachelor's degree in finance, accounting, or related; certifications like CFA or credit-specific courses
Work EnvironmentCorporate offices, consulting firms, financial institutionsBanks, lending institutions, financial services
Employer & Industry UsageUsed across industries to assess overall business risksPrimarily in banking and lending sectors to evaluate creditworthiness

The main difference is that Business Risk Analysts focus on assessing overall risks facing a business, including market, operational, and strategic risks, while Credit Analysts specifically evaluate the creditworthiness of individuals or companies to determine loan eligibility. Both roles require similar financial knowledge and certifications but serve different purposes within financial and business risk management.

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 with certifications like FRM or CFA can earn higher salaries, especially in financial or corporate sectors.

What is a Business Risk Analyst?

A Business Risk Analyst is a professional who identifies, assesses, and helps manage risks that could affect a company's financial health or operations. They analyze data, industry trends, and internal processes to pinpoint potential threats and recommend strategies to mitigate them. Their work helps organizations make informed decisions, comply with regulations, and safeguard assets against potential losses. Business Risk Analysts often collaborate with various departments to ensure comprehensive risk management across the business.

What qualifications do I need to be a risk analyst?

A business risk analyst typically needs a bachelor's degree in finance, economics, business, or a related field. Strong analytical skills, proficiency with data analysis tools like Excel or specialized software, and knowledge of risk management principles are essential; certifications such as FRM or CRM can enhance job prospects.

What are the key skills and qualifications needed to thrive as a Business Risk Analyst, and why are they important?

To thrive as a Business Risk Analyst, you need strong analytical skills, a solid understanding of risk management principles, and typically a degree in finance, business, or a related field. Familiarity with risk assessment software, data analysis tools like Excel or SQL, and relevant certifications such as FRM or CRM are commonly required. Excellent problem-solving abilities, attention to detail, and effective communication help you stand out in this role. These skills and qualities are essential for accurately identifying, assessing, and mitigating risks to support sound business decision-making.

What does a risk business analyst do?

A risk business analyst evaluates potential risks that could impact an organization’s operations, finances, or reputation. They analyze data, identify vulnerabilities, and develop strategies to mitigate or manage risks, often using tools like risk assessment frameworks and reporting software. Their work supports informed decision-making and helps ensure compliance with regulations.

Is risk analyst an entry level job?

A risk analyst role can be entry level or require several years of experience, depending on the organization. Entry-level risk analyst positions typically require a bachelor's degree in finance, economics, or a related field, and may involve basic data analysis skills and familiarity with risk management tools. Advancement often depends on gaining experience and developing specialized skills or certifications such as FRM or CRM.
What job categories do people searching Business Risk Analyst jobs in Ohio look for? The top searched job categories for Business Risk Analyst jobs in Ohio are:
What are popular job titles related to Business Risk Analyst jobs in OH? For Business Risk Analyst jobs in OH, the most frequently searched job titles are:
Infographic showing various Business Risk Analyst job openings in Ohio as of June 2026, with employment types broken down into 97% Full Time, 2% Part Time, and 1% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $85,638 per year, or $41.2 per hour.

Risk Analyst

HR4Me

Cincinnati, OH • On-site

Full-time

Posted 15 days ago


Job description

Enterprise & Project Risk Management
  • Identify and assess risks across active projects, pursuits, and corporate operations
  • Develop and maintain risk registers for major projects and business units
  • Evaluate exposure related to project size, scope, delivery method, schedule, and geography
  • Support risk reviews during pursuit, preconstruction, and project kickoff phases

Contract & Legal Risk
  • Review owner contracts, subcontracts, and vendor agreements for risk exposure
  • Identify unfavorable terms related to indemnification, liquidated damages, warranties, insurance, bonding, and force majeure
  • Collaborate with legal counsel on contract negotiations and risk mitigation strategies
  • Track contractual risk trends and recommend policy improvements

Insurance & Claims Management
  • Coordinate with brokers on insurance placements (GL, WC, Auto, Builders Risk, Professional Liability, OCIP/CCIP)
  • Analyze loss runs, claims history, and deductible exposure
  • Support claims management, documentation, and resolution
  • Assist with renewals and insurer submissions

Financial & Operational Risk Analysis
  • Analyze project financial data to identify cost, margin, and cash flow risks
  • Monitor exposure related to change orders, productivity, escalation, and supply chain disruptions
  • Support forecasting and scenario modeling for large or complex projects
  • Partner with project controls and finance teams to identify early warning indicators

Safety & Compliance Risk
  • Collaborate with Safety and Operations teams to assess safety-related risks and trends
  • Analyze incident data and recommend corrective actions
  • Support regulatory compliance (OSHA, DOT, state/local requirements)
  • Assist in audits and compliance reporting

Reporting & Communication
  • Prepare risk reports and dashboards for executive leadership
  • Present risk findings and recommendations to senior management
  • Maintain risk policies, procedures, and documentation
  • Support continuous improvement of risk management frameworks

Qualifications:
Required
  • Bachelor's degree in Finance, Risk Management, Construction Management, Engineering, or related field
  • 3-7+ years of experience in risk analysis, construction finance, insurance, or project controls
  • Experience in construction, mechanical contracting, or industrial services preferred
  • Strong understanding of construction contracts and project delivery methods (DBB, DB, CM, EPC)
  • Proficiency in Excel; experience with ERP systems (e.g., Viewpoint, Procore, SAP, Oracle) a plus

Preferred
  • Professional certifications (ARM, CPCU, CRIS, PMP, or similar)
  • Experience with large, complex projects ($25M+)
  • Knowledge of union and non-union labor environments
  • Experience with OCIP/CCIP programs

Core Competencies
  • Risk assessment & mitigation
  • Contract analysis
  • Financial modeling and data analysis
  • Cross-functional collaboration
  • Executive-level communication
  • Attention to detail with big-picture perspective

Key Performance Indicators (KPIs)
  • Reduction in claims frequency and severity
  • Improved project margin protection
  • Timely identification of high-risk projects
  • Successful insurance renewals and audits
  • Accuracy and usefulness of risk reporting

Why Join Us
  • Opportunity to influence risk strategy at an enterprise level
  • Exposure to large-scale, complex mechanical construction projects
  • Direct interaction with executive leadership
  • Competitive compensation, bonus potential, and benefits

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.