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Entry Level Risk Analyst Jobs in Alabama (NOW HIRING)

Entry Level Accountant

Montgomery, AL · On-site

$53K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... resources, risk management, real estate strategy, and more to produce excellence in customer ... Analyze income statements fluctuations * Provide process improvement and cost saving ideas

Entry Level Accountant

Montgomery, AL · On-site

$53K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... resources, risk management, real estate strategy, and more to produce excellence in customer ... Analyze income statements fluctuations * Provide process improvement and cost saving ideas

Entry Level Accountant

Montgomery, AL

$53K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... resources, risk management, real estate strategy, and more to produce excellence in customer ... Analyze income statements fluctuations * Provide process improvement and cost saving ideas

Entry Level Accountant

Montgomery, AL · On-site

$53K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

... resources, risk management, real estate strategy, and more to produce excellence in customer ... Analyze income statements fluctuations * Provide process improvement and cost saving ideas

Showing results 21-40

Entry Level Risk Analyst information

See Alabama salary details

$13

$36

$59

How much do entry level risk analyst jobs pay per hour?

As of Aug 13, 2026, the average hourly pay for entry level risk analyst in Alabama is $36.70, according to ZipRecruiter salary data. Most workers in this role earn between $27.02 and $44.66 per hour, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive in the entry level risk analyst position, and why are they important?

To thrive as an Entry Level Risk Analyst, you need strong analytical abilities, attention to detail, and a foundational understanding of finance, economics, or a related field, often supported by a relevant bachelor’s degree. Familiarity with risk management software, Excel, and data analysis tools is advantageous, and some companies value certifications like FRM or CFA Level I. Excellent communication, problem-solving skills, and the ability to work collaboratively make candidates stand out in this role. These skills and qualities are critical for accurately assessing risks, providing actionable insights, and supporting effective decision-making within the organization.

What is an entry level risk analyst?

An Entry Level Risk Analyst is responsible for identifying, assessing, and mitigating risks that could impact an organization’s financial stability and operations. They analyze data, create reports, and assist in developing risk management strategies under the guidance of senior analysts. This role typically involves working with financial models, market trends, and regulatory guidelines to support decision-making. Strong analytical skills, attention to detail, and proficiency in risk assessment tools are essential for success in this position.

What are some typical challenges faced by entry level risk analysts, and how can new hires prepare for them?

Entry Level Risk Analysts often face challenges such as quickly interpreting large volumes of complex data, adapting to evolving regulatory requirements, and learning industry-specific risk assessment methodologies. New hires can prepare by familiarizing themselves with common risk metrics, staying updated on regulatory changes, and practicing effective data analysis. It's also helpful to proactively seek guidance from more experienced team members and participate in relevant training sessions. With diligence and curiosity, most analysts develop confidence and expertise rapidly in this collaborative, knowledge-driven work environment.

Can I be an entry level risk analyst without a degree?

Entry level risk analyst positions typically require a bachelor's degree in fields like finance, economics, or related areas, but some employers may consider candidates with relevant experience, certifications, or strong analytical skills. Demonstrating proficiency in data analysis tools and understanding risk management concepts can also improve your chances without a formal degree.

How hard is it to become an entry level risk analyst?

Becoming an entry level risk analyst typically requires a bachelor's degree in finance, economics, or a related field, along with strong analytical skills and proficiency in data analysis tools like Excel or SQL. Gaining relevant internships or certifications such as the Financial Risk Manager (FRM) can also improve job prospects, but the overall entry process is accessible with the right education and skills.

How to become an entry level risk analyst with no experience?

To become an entry level risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and basic understanding of risk management principles through online courses or certifications. Internships, volunteering, or entry-level positions in related fields can provide practical experience, and a bachelor's degree in finance, economics, or a related field is often required.

What qualifications do I need to be an entry level risk analyst?

An entry-level risk analyst typically needs a bachelor's degree in finance, economics, statistics, or a related field. Strong analytical skills, proficiency in Excel and data analysis tools, and knowledge of risk management principles are also important for this role.
What are the most commonly searched types of Risk Analyst jobs in Alabama? The most popular types of Risk Analyst jobs in Alabama are:
What cities in Alabama are hiring for Entry Level Risk Analyst jobs? Cities in Alabama with the most Entry Level Risk Analyst job openings:
Infographic showing various Entry Level Risk Analyst job openings in Alabama as of August 2026, with employment types broken down into 1% As Needed, 83% Full Time, 14% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $76,327 per year, or $36.7 per hour.

Cost Estimating Engineer/Mathematician

MDW Associates

Huntsville, AL • On-site

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 13 days ago


Job description

MDW is seeking a highly qualified Cost Estimating Engineer/Mathematician to support the Missile Defense Agency (MDA) as an entry level cost estimating analyst.
This candidate will be a full-time engineer or mathematician performing Cost Estimating Analysis supporting the development, fielding, and integration of the Terminal High Altitude Area Defense (THAAD) program element of the Missile Defense Agency's (MDA) Missile Defense System (MDS). Cost Estimating support includes development and maintenance of Life Cycle Cost Estimates and models for Defense Acquisition programs, analysis and reporting of cost data, and conducting excursions.
This is a hybrid position with work based in Huntsville, Alabama. Candidates must be within a two-hour commuting distance or be willing to relocate.
The Engineer/Mathematician may perform a combination of some or all of the following duties:
  • Develop, present, and defend mathematical cost estimates, cost estimating relationships, and cost models.
  • Develop cost estimating relationships using applied mathematics, probability, statistics, regression analysis, linear algebra, learning curves, and data collection.
  • Use Data Analytics to obtain and analyze essential cost data from contractors' DD Form 1921s and Cost Performance Reports/Integrated Program Management Reports (CPR/IPMR) for the purpose of establishing a credible cost database.
  • Participate in Business Case Analysis (BCA), Analysis of Alternatives (AOA), and risk analysis to develop multiple outputs using input variables by conducting what-if drills, sensitivity analysis, monte-carlo simulations, and other cost-related studies.
  • Review Cost Analysis Requirements Descriptions (CARDs).
  • Collect and manage cost data, technical baseline data, and cost research/analysis.

Required Experience:
  • No prior experience required but must have a math-based bachelor's degree.
  • Excellent oral and written communication skills.
  • Exceptionally strong analytical skills and detail oriented.

Desired Experience Requirements:
  • Must be a self-starter.
  • Strong knowledge of MS Office with a focus on Excel.
  • Membership and certification in International Cost Estimating and Analysis Association (ICEAA).

Education Requirements:
  • Bachelor's Degree in Mathematics, Engineering, Operations Research, Economics, Statistics, Business Analytics, or related field.

Security Requirements:
  • Candidates for this position must be able eligible to obtain and maintain a DoW Secret Security Clearance.

Company Description
Incorporated in 2012, MDW is a small business headquartered in McLean, VA with offices in Huntsville, AL. We provide Federal government clients with consulting, management services, advisory and assistance services, decision support, strategic planning, process planning and improvement, task execution and metrics analysis. Our mission is to make our clients more successful by providing honest assessments, exceptional analysis, prudent advice, direct communication, and hard work.
Our core capabilities include:
  • Strategic Planning
  • Cost Estimating
  • Budget Programming and Justification
  • Budget Execution
  • Acquisition Management
  • Financial Systems Support & Integration

MDW Associates, LLC ("MDW") is an equal opportunity employer and does not discriminate in hiring or employment on the basis of race, religion, color, sex, national origin, age, marital status, covered veteran status, mental or physical disability, pregnancy or any other unlawful basis unrelated to the ability to do the job. MDW seeks to employ talented, ethical, and entrepreneurial-minded persons. Our applicants and employees are protected from discrimination as required by Federal law.
Additional Information
We offer a competitive and comprehensive benefits and compensation package for our employees, including but not limited to:
  • Health
  • Dental
  • Vision
  • Group Life Insurance/Long Term Disability/Short Term Disability
  • Retirement/401(k)
  • Flexible Leave Policy

All your information will be kept confidential according to EEO guidelines.