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Entry Level Risk Analyst Jobs in Amherst, MA (NOW HIRING)

Gandara

Coordinated Entry Navigator | Shine

Holyoke, MA · On-site

$19.50 - $25.50/hr

Whether that is in an entry level or leadership role, Gandara will provide the tools and resources ... Engage potentially high risk clients in individualized case management, safety planning, and ...

Gándara Center

Case Manager | Pittsfield

Holyoke, MA · On-site

$48K - $52K/yr

Whether that is in an entry level or leadership role, Gandara will provide the tools and resources ... Review/development of a risk management/safety plan in collaboration with the youth and parent ...

All JobsEntry Level Risk Analyst JobsEntry Level Risk Analyst Jobs in Amherst, MA

Entry Level Risk Analyst information

See Amherst, MA salary details

$15

$39

$64

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

As of Jun 29, 2026, the average hourly pay for entry level risk analyst in Amherst, MA is $39.87, according to ZipRecruiter salary data. Most workers in this role earn between $29.38 and $48.51 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 job?

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.

What are popular job titles related to Entry Level Risk Analyst jobs in Amherst, MA? For Entry Level Risk Analyst jobs in Amherst, MA, the most frequently searched job titles are:
What cities near Amherst, MA are hiring for Entry Level Risk Analyst jobs? Cities near Amherst, MA with the most Entry Level Risk Analyst job openings:
Entry Level Risk Analyst jobs near you
Infographic showing various Entry Level Risk Analyst job openings in Amherst, MA as of June 2026, with employment types broken down into 1% As Needed, 79% Full Time, 9% Part Time, 1% Temporary, and 10% Contract. Highlights an 96% Physical, 1% Hybrid, and 3% Remote job distribution, with an average salary of $82,935 per year, or $39.9 per hour.
Commercial Credit Analyst

Commercial Credit Analyst

New Valley Bank & Trust

Springfield, MA • On-site

$55K - $96K/yr

Full-time

Posted 23 days ago

Job description

JOB SUMMARY
New Valley is seeking a talented, ambitious professional willing and able to contribute to the success of our new bank. Under the direction of the VP Credit Officer, the Credit Analyst will work collaboratively to support the loan origination and ongoing monitoring initiatives of the Lending Department.
This is an entry-level client relationship management position. Qualified candidates will have seasoned credit underwriting background with a proven ability to evaluate and determine the credit risks of commercial clients and appropriate structure of loan requests through detailed financial statement analysis, industry assessment, collateral valuation, cash flow analysis and the ability to repay annual debt service.
ESSENTIAL KEY FUNCTIONS
  • Analytical skills Problem-solving skills Judgement skills Ability to prioritize work in a fast-paced high-volume environment while maintaining accuracy and turn-around times. Ability to stay focused
  • Works with Loan Officer on New Loan requests including but not limited to an initial financial analysis and obtaining a complete financial package to prepare, summarize, presents facts, and offers opinions concerning credit worthiness of commercial customers; reviews and analyzes criteria to assign an overall risk to credit. Develops credit analyses for use by lending officers or committees in the making of lending decisions on new credit approvals and renewals
  • Essential Functions Coordinate with Loan Officers to assist in collection of financial information from portfolio customers.
  • Analyzes and reviews data on new loans as well as portfolio loans, reviews for signs of credit issues
  • Monitors annual review/renewal process including file comments and loan presentations for assigned credit requests.
  • Maintains and tracks, and reports on Banks policy exceptions.
  • Assists in timely complete of Annual Reviews throughout the portfolio, including working with Loan Servicing to update existing NOIs, and DSCR upon review.
  • Communicates with customers to request and track the receipt of required financial information to be completed in tandem with Lenders, Portfolio Managers and Credit Analysts balanced with prioritizing new money transactions.
  • Submits appraisal order requests and bids. Submits Flood Determination requests and follows through with proper procedures when property is located in a flood zone.
  • Orders environmental reports and submits to Loan Officer for review. Completes compliance review including but not limited to, CRA, Government Monitoring, and Joint Credit.
  • Assist in taking Directors Loan Committee meeting minutes.
  • Must complete BSA, AML, and other regulatory and continuing education as assigned. Must adhere to all bank and regulatory policies and procedures specific to position. Position Qualifications Assumes additional responsibilities as requested.
  • Monitors and tracks for financial statements received from existing borrowers, and scans or saves electronically to files with appropriate naming conventions.
  • Adheres to applicable compliance/operational risk controls in accordance with regulatory standards and policies
  • Maintains New Valley control standards, including timely implementation of internal and external audit points together with any issues raised by external regulators as applicable.
  • Completes other related duties as assigned including customer onboarding and systems related maintenance. Additional tasks include reporting to the Federal Reserve via the Main Street Lending platform program.

EQUAL EMPLOYMENT OPPORTUNITY EMPLOYER
New Valley Bank and Trust is committed to diversity and inclusion. We recruit and employ the best qualified individuals without regard to race, religion, color, sex (including pregnancy, gender identity, and sexual orientation), parental status, national origin, age, disability, family medical history or genetic information, political affiliation, military service, or other non-merit-based factors. Equal employment opportunity applies to all personnel actions.
QUALIFICATIONS
Education
  • Minimum of 3 years' experience in commercial credit or public accounting, preferred
  • Bachelor's degree in Accounting, Finance, Business, or related field preferred

Skills and Experience
  • Strong knowledge commercial loan documentation; working knowledge of banking laws and regulations, relating to the documentation and servicing of loans
  • Excellent organizational, verbal, and written communication, and computer skills, including proficiency in Microsoft Word and Excel
  • Excellent customer service skills with a high degree of professionalism and positive demeanor
  • Strong organizational skills with the ability to prioritize a multitude of assignments
  • Excellent oral and written communication skills

Physical Requirements
  • Ability to stand or sit for extended periods
  • Ability to communicate clearly and concisely

Other Duties
Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of this position. Duties, responsibilities, and activities may change at any time without notice.
Post-Offer Background check performed. Includes credit, criminal and reference checks.

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