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Entry Level Risk Analyst Jobs in Washington (NOW HIRING)

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Entry Level Risk Analyst information

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$17

$45

$74

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

As of Aug 8, 2026, the average hourly pay for entry level risk analyst in Washington is $45.85, according to ZipRecruiter salary data. Most workers in this role earn between $33.75 and $55.82 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 Washington? The most popular types of Risk Analyst jobs in Washington are:
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What cities in Washington are hiring for Entry Level Risk Analyst jobs? Cities in Washington with the most Entry Level Risk Analyst job openings:
Infographic showing various Entry Level Risk Analyst job openings in Washington as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $95,375 per year, or $45.9 per hour.

$70K - $90K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 10 days ago


Job description

Overview

**Due to certain contracts and nature of the work, US Citizenship is required." 

We are seeking a motivated and detail-oriented Junior to Mid-Level Vulnerability Management (VM) Analyst to join our cybersecurity team. This fully remote role is ideal for someone early in their cybersecurity career or looking to grow into a mid-level position with a solid foundation in network and web application security concepts. You will primarily support the waiver research and approval process, analyze vulnerabilities, and work with tools like Invicti (web application scanning) and Tenable SecurityCenter (SC).

Responsibilities
  • Review and assess waiver requests for security vulnerabilities, ensuring proper documentation and justification.
  • Use Invicti to scan and evaluate web applications for vulnerabilities such as XSS, SQL injection, and misconfigurations.
  • Leverage Tenable SC to identify and assess vulnerabilities across network and infrastructure assets.
  • Collaborate with application and system owners to gather technical information, remediation timelines, or risk mitigation plans.
  • Document and track waiver decisions, expirations, and compliance requirements.
  • Stay current on vulnerability trends, common exploits, and industry best practices.
  • Support the broader vulnerability management lifecycle, including reporting and follow-up. 
Qualifications
  •  1-3 years of experience in cybersecurity, IT security, or a related technical role (internships, labs, or academic projects welcome).
  • The OSI model and data flow across network layers
  • HTTPS and secure web communication
  • Core networking concepts, including IP addressing, DNS resolution, ports, TCP/IP, and firewalls.
  • Familiarity with vulnerability scanning tools such as Invicti, Tenable, or similar.
  • Basic understanding of CVEs, CVSS scoring, and how vulnerabilities are classified.
  • Strong analytical and problem-solving skills.
  • Detail-oriented with strong documentation and organizational habits.
  • Effective communication skills in a fully remote work environment.
  • Eagerness to learn and grow in the cybersecurity field.
  • Awareness of Binding Operational Directives (BODs) and their role in cybersecurity compliance (e.g., BOD 22-01, BOD 23-02)

Preferred Qualifications:

  • Bachelor's degree in Cybersecurity, Information Technology, Computer Science, or a related field (or equivalent experience).
  • Entry-level security certifications (e.g., CompTIA Security+ or similar).
  • Awareness of common web application vulnerabilities (e.g., OWASP Top 10).
  • Experience using ticketing/workflow systems, especially ServiceNow.
  • Familiarity with the vulnerability management lifecycle and concepts like remediation, exception handling, and risk acceptance.
  • Exposure to secure coding principles and basic scripting (e.g., Python, Bash) is a plus.
  • Awareness of and ability to support compliance with security and privacy frameworks such as:
    • NIST 800-53 or NIST Cybersecurity Framework (CSF)
    • FISMA (Federal Information Security Management Act)
    • HIPAA (Health Insurance Portability and Accountability Act)
  • Familiarity with applying BOD requirements to vulnerability remediation and compliance workflows

Salary - $70K - $90K 

Additional benefits include: 

 

  • Paid Time Off & Holiday Pay
  • Medical Insurance
  • Dental Insurance
  • Vision Insurance
  • Disability, Life Insurance, and AD&D
  • Flexible Spending Accounts
  • Pre-Tax 401K and/or After-Tax Roth IRA (with employer matching contribution)
  • Tuition and Technical Training Reimbursement
  • Exercise Reimbursement
  • Computer Reimbursement
  • Employee Assistance Program

 

About Us:

Edgewater Federal Solutions is a privately held government contracting firm located in Frederick, MD.  The company was founded in 2002 with the vision of being highly recognized and admired for supporting customer missions through employee empowerment, exceptional services and timely delivery. Edgewater Federal Solutions is ISO 9001, 20000-1, 270001 certified, appraised at CMMI Level 3 Maturity for Development and Services, and has been named in the Top Workplaces in the Greater Washington Area Small Companies since 2018.

It has been and continues to be the policy of Edgewater Federal Solutions to provide equal employment opportunities to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, marital status, veteran status, and/or other statuses protected by applicable law.status protected by applicable law. 

Employment Type: FULL_TIME