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Business Risk Analyst Jobs in Virginia (NOW HIRING)

Collect, aggregate, and analyze risk data arising from risk assessments and business processes * Support development and refinement of key risk indicators (KRIs) and risk metrics * Perform research ...

Risk Analyst

Richmond, VA · On-site

$40 - $55/hr

We are looking for an experienced Risk Analyst to support claims risk management activities for a ... other business documentation. • Proficiency in Microsoft Excel for tracking, analysis ...

In this role, you will work with SF Acquisitions business process owners to: * Lead risk assessment ... Problem-solving, critical thinking, and analytical skills * Strong oral and written communication ...

Operational Risk Business Lead

Mclean, VA · On-site

$126K - $188K/yr

In this role, you will work with SF Acquisitions business process owners to: * Lead risk assessment ... Problem-solving, critical thinking, and analytical skills * Strong oral and written communication ...

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Business Risk Analyst information

See Virginia salary details

$18

$42

$78

How much do business risk analyst jobs pay per hour?

As of Jul 11, 2026, the average hourly pay for business risk analyst in Virginia is $42.94, according to ZipRecruiter salary data. Most workers in this role earn between $31.20 and $52.69 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 are popular job titles related to Business Risk Analyst jobs in Virginia? For Business Risk Analyst jobs in Virginia, the most frequently searched job titles are:
What job categories do people searching Business Risk Analyst jobs in Virginia look for? The top searched job categories for Business Risk Analyst jobs in Virginia are:
What are popular job titles related to Business Risk Analyst jobs in VA? For Business Risk Analyst jobs in VA, the most frequently searched job titles are:
Infographic showing various Business Risk Analyst job openings in Virginia as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 86% Full Time, 6% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $89,306 per year, or $42.9 per hour.
Business Analyst (Risk Management - Data & Cyber Risk)

Business Analyst (Risk Management - Data & Cyber Risk)

Tiger Analytics Inc.

Richmond, VA • On-site

Full-time

Posted 18 days ago


Job description

Tiger Analytics is an advanced analytics consulting firm. We are the trusted analytics partner for several Fortune 1000 companies, enabling them to generate business value from data. Our consultants bring deep expertise in Data Science, Machine Learning, and AI. Various market research firms, including Forrester and Gartner, have recognized the value of our business and Tiger Analytics leadership.
We are seeking an experienced Risk Management Professional to support the identification, assessment, monitoring, and mitigation of enterprise risks, with a primary focus on Data Risk and Cyber Risk. This role will work closely with business, technology, compliance, security, and operational teams to ensure risks are effectively managed within the organization's risk appetite and in compliance with regulatory requirements.


The ideal candidate will have a strong understanding of risk management practices within financial services or other highly regulated industries and possess exceptional stakeholder management and communication skills.


Requirements
  • Identify, assess, monitor, and mitigate enterprise risks, with a focus on data and cyber risk domains.
  • Partner with business, technology, security, compliance, and operational teams to evaluate risk exposure and implement appropriate controls.
  • Conduct risk assessments and control evaluations to identify potential vulnerabilities and emerging risks.
  • Support the development and maintenance of risk frameworks, policies, procedures, and governance processes.
  • Monitor risk indicators and prepare risk reports, dashboards, and presentations for senior leadership and governance committees.
  • Ensure compliance with regulatory requirements, industry standards, and internal risk management policies.
  • Facilitate risk discussions with stakeholders and provide recommendations for risk mitigation strategies.
  • Support issue management, remediation activities, and ongoing risk monitoring efforts.
  • Collaborate with internal audit, compliance, and information security teams on risk-related initiatives and assessments.

Requirements

  • 9-12 years of experience in Enterprise Risk Management, Operational Risk, Technology Risk, Cyber Risk, Data Risk, or a related field.
  • Strong understanding of risk management principles, frameworks, and governance practices.
  • Experience working in financial services, banking, insurance, healthcare, or other highly regulated industries.
  • Knowledge of cyber security, information security controls, data governance, and data privacy concepts.
  • Strong analytical, problem-solving, and critical-thinking skills.
  • Excellent communication, presentation, and stakeholder management abilities.
  • Experience preparing risk reports and presenting findings to senior leadership.
  • Ability to work independently and collaboratively in a fast-paced environment.

Benefits

This position offers an excellent opportunity for significant career development in a fast-growing and challenging entrepreneurial environment with a high degree of individual responsibility.

Tiger Analytics provides equal employment opportunities to applicants and employees without regard to race, color, religion, age, sex, sexual orientation, gender identity/expression, pregnancy, national origin, ancestry, marital status, protected veteran status, disability status, or any other basis as protected by federal, state, or local law.