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Entry Level Risk Analyst Jobs in Cleveland, OH (NOW HIRING)

This role will focus initially on asset inventory, ownership, and risk classification (NIST ... Familiarity with cloud environments (AWS preferred) * Entry-level certification (or willingness to ...

IT Security Intern

Strongsville, OH · On-site

$13.75 - $18.50/hr

... is an entry level position designed to provide professional experience to coincide with innate ... The position requires assessment, vulnerability testing and risk analysis under the supervision of ...

IT Security Intern

Strongsville, OH · On-site

$13.75 - $18.50/hr

... is an entry level position designed to provide professional experience to coincide with innate ... The position requires assessment, vulnerability testing and risk analysis under the supervision of ...

IT Security Intern

Strongsville, OH · On-site

$13.75 - $18.50/hr

... is an entry level position designed to provide professional experience to coincide with innate ... The position requires assessment, vulnerability testing and risk analysis under the supervision of ...

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Entry Level Risk Analyst information

See Cleveland, OH salary details

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

As of Aug 24, 2026, the average hourly pay for entry level risk analyst in Cleveland, OH is $39.26, according to ZipRecruiter salary data. Most workers in this role earn between $28.89 and $47.79 per hour, depending on experience, location, and employer.

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.

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.

Are entry level risk analyst jobs in high demand?

Entry level risk analyst jobs are in steady demand across various industries such as finance, insurance, and consulting, driven by the need for organizations to manage financial and operational risks. These roles often require skills in data analysis, risk assessment, and familiarity with tools like Excel or risk management software, making them a stable career option for recent graduates.

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. Developing skills in data analysis, risk assessment, and familiarity with tools like Excel or risk management software can help, but the role generally has a moderate entry barrier with relevant internships or certifications enhancing prospects.

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. A bachelor's degree in finance, economics, or a related field is typically required, and internships or volunteer work can help build practical experience. Demonstrating strong analytical abilities and attention to detail can improve your chances of entering the field.

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 Cleveland, OH?

The most popular types of Risk Analyst jobs in Cleveland, OH are:

What are popular job titles related to Entry Level Risk Analyst jobs in Cleveland, OH?

For Entry Level Risk Analyst jobs in Cleveland, OH, the most frequently searched job titles are:

What cities near Cleveland, OH are hiring for Entry Level Risk Analyst jobs?

Cities near Cleveland, OH with the most Entry Level Risk Analyst job openings:

Infographic showing various Entry Level Risk Analyst job openings in Cleveland, OH as of August 2026, with employment types broken down into 100% Full Time. Highlights an 87% In-person, and 13% Remote job distribution, with an average salary of $81,669 per year, or $39.3 per hour.

2027 Commercial Credit Analyst Program - Cleveland

KeyCorp

Cleveland, OH • On-site

$70K/yr

Other

Posted 12 days ago


Job description

Commercial Credit Analyst Program

The Commercial Credit Analyst Program is designed to develop entry level talent into underwriting and portfolio management professionals through classroom training, a portfolio monitoring rotation, cross-functional experiences, robust feedback, and performance management.

Analysts will establish and grow their skill set in credit risk analysis and commercial banking. Essential job functions include the spreading and analysis of company financial statements, the timely and accurate assignment of risk ratings via interim and annual reviews, evaluation of risk via financial performance and credit policy review, and effective communication between sales professionals, credit risk officers, and third-party support.

Following the conclusion of the Enterprise Analyst Program, the program participant will be emersed in 6-8 weeks of foundational credit classroom training, including financial accounting, financial analysis, risk rating rationale, and credit policy review and discussion. Participants then move through a 12-month rotation through the Credit Surveillance Team (CST), which is responsible for portfolio monitoring responsibilities for Commercial Banking and Business Banking clients. This rotation also includes an opportunity to support deal teams working on credit actions and events. At the conclusion of the CST rotation, analysts will be placed on a Banking Group Portfolio Management (BGPM) team based upon business needs, interest, and match.

This role reports through BGPM, which is responsible for the underwriting of new credit opportunities and management of loan portfolios for the majority of industry and business segments across KeyBank.

Job Responsibilities
  • Create credit approval documents for various credit underwriting activities, including interim and annual reviews.
  • Spread/review financial statements, test financial covenants, review borrowing base certificates, and analyze financial and non-financial information to develop a concise focused analytical foundation for a credit recommendation and decision.
  • Collaborate with relationship managers, credit partners, third party support, and other deal team partners to drive the efficiency and effectiveness of the credit process to meet client expectations.
  • Provide financial analysis and portfolio monitoring to ensure timely and accurate assignment of risk ratings.
  • Identify deteriorating credits early and escalate material issues or trends in a timely manner.
  • Review loan documentation to ensure loan documents match terms and conditions outlined in the credit approval.
  • Recommend decision to appropriate credit officer.
  • Comply with all KeyBank policies and procedures, including without limitation, acting professionally at all times, conducting business ethically, avoiding conflicts of interest, and acting in the best interests of KeyBank and KeyBank's clients.
Qualifications
  • Must obtain a four-year degree with preferred major in Business, Finance, Economics, Accounting, or related field by June 2027
  • A minimum 3.3 undergraduate GPA preferred
  • Strong accounting and financial acumen
  • Good analytical and decision-making skills
  • Exceptional interpersonal and relationship-building skills
  • Effective oral and written communication skills
  • Strong knowledge of Microsoft® Office applications
  • Ability to work independently and as part of a team

This position is compensated at a fixed rate of $70,000 annually and is eligible to receive a $5,000 sign-on bonus.

KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.

Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.