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Entry Level Risk Analyst Jobs in Edison, NJ (NOW HIRING)

Develop forecasting and risk analysis for in-line and pipe-line assets. Apply optimizing methods to develop and interpret information for pharma related long-term world-wide revenue and patient ...

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You will perform analysis based on this research to determine the risk to the organization ... This entry-level position is responsible for evidence intake, case administration, documentation ...

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Entry Level Risk Analyst information

See Edison, NJ salary details

$15

$41

$68

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

As of Sep 5, 2026, the average hourly pay for entry level risk analyst in Edison, NJ is $41.91, according to ZipRecruiter salary data. Most workers in this role earn between $30.87 and $51.01 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 Edison, NJ?

The most popular types of Risk Analyst jobs in Edison, NJ are:

What are popular job titles related to Entry Level Risk Analyst jobs in Edison, NJ?

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

What job categories do people searching Entry Level Risk Analyst jobs in Edison, NJ look for?

The top searched job categories for Entry Level Risk Analyst jobs in Edison, NJ are:

What cities near Edison, NJ are hiring for Entry Level Risk Analyst jobs?

Cities near Edison, NJ with the most Entry Level Risk Analyst job openings:

Infographic showing various Entry Level Risk Analyst job openings in Edison, NJ as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 10% Part Time, and 3% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $87,178 per year, or $41.9 per hour.

Entry Level Analyst

Phyton Talent Advisors

Jersey City, NJ • On-site

Other

This job post has expired today. Applications are no longer accepted.


Job description

Our client is seeking a Junior Payment Processing Specialist to join their team in Jersey City, NJ. This is an excellent entry-level opportunity for a motivated candidate looking to build a career in financial services and banking operations. The ideal candidate is detail-oriented, eager to learn, and thrives in a fast-paced, team-oriented environment.


Key Responsibilities

Payment Processing

  • Process domestic and international payment instructions across multiple currencies.
  • Enter, verify, and repair both manual and automated payment instructions.
  • Process transactions received via SWIFT, BBH WorldView, fax, and other payment channels.
  • Research and process payment instructions using the Keystone system.
  • Ensure all transactions are completed accurately and within established processing deadlines.
  • Respond to inquiries from Account Executives and internal business partners.

Risk & Controls

  • Adhere to established policies, procedures, and operational controls.
  • Identify, escalate, and communicate operational risks appropriately.
  • Escalate unclear or incomplete payment instructions to management.
  • Recommend process and control improvements to reduce operational risk.
  • Support initiatives that improve accuracy, reduce errors, and increase straight-through processing (STP).

Process Improvement

  • Identify opportunities to streamline payment processing workflows.
  • Recommend automation opportunities for manual payment processes.
  • Help improve operational efficiency while maintaining high quality standards.
  • Continuously seek improvements to enhance client service and productivity.

Teamwork & Client Service

  • Build strong relationships with internal stakeholders and teammates.
  • Deliver exceptional customer service through timely communication and issue resolution.
  • Collaborate with team members to meet daily operational goals.
  • Demonstrate flexibility and willingness to support the broader team as needed.

Qualifications

Required

  • Excellent verbal and written communication skills.
  • Strong customer service and interpersonal skills.
  • Exceptional organizational and time management abilities.
  • Strong attention to detail and accuracy.
  • Ability to thrive in a fast-paced, deadline-driven environment.
  • Ability to work both independently and collaboratively.
  • Strong typing and data entry skills.

Preferred

  • Experience with USD and foreign currency payment processing.
  • Knowledge of SWIFT payment messaging.
  • Experience with Keystone and RightFax.
  • Previous financial services or banking operations experience.