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Entry Level Risk Analyst Jobs in Fairfax, VA (NOW HIRING)

Augur Consulting

Entry-Level Analyst

Arlington, VA · On-site

Entry-Level Analyst U.S. citizenship required. Are you a critical thinker with acumen for problem ... Development and maintenance of complex cost models, life cycle cost analysis, cost risk analysis ...

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Entry Level Risk Analyst information

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$41

$67

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

As of May 28, 2026, the average hourly pay for entry level risk analyst in Fairfax, VA is $41.38, according to ZipRecruiter salary data. Most workers in this role earn between $30.48 and $50.38 per hour, depending on experience, location, and employer.

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 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 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.
More about Entry Level Risk Analyst jobs
What are the most commonly searched types of Risk Analyst jobs in Fairfax, VA? The most popular types of Risk Analyst jobs in Fairfax, VA are:
What are popular job titles related to Entry Level Risk Analyst jobs in Fairfax, VA? For Entry Level Risk Analyst jobs in Fairfax, VA, the most frequently searched job titles are:
What job categories do people searching Entry Level Risk Analyst jobs in Fairfax, VA look for? The top searched job categories for Entry Level Risk Analyst jobs in Fairfax, VA are:
What cities near Fairfax, VA are hiring for Entry Level Risk Analyst jobs? Cities near Fairfax, VA 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 Fairfax, VA as of May 2026, with employment types broken down into 87% Full Time, and 13% Contract. Highlights an 96% In-person, and 4% Hybrid job distribution, with an average salary of $86,076 per year, or $41.4 per hour.
Entry-Level Analyst

Entry-Level Analyst

Augur Consulting

Arlington, VA • On-site

Full-time

Posted 4 days ago

Job description

Entry-Level Analyst
U.S. citizenship required.
Are you a critical thinker with acumen for problem solving? Would you like to help the government tackle some of its most challenging cost, schedule, and performance issues? Then we want to talk with you. Here at Augur, we believe in creating a fun and challenging environment that embraces team spirit while fostering high-performance.
Augur is a small business, and every employee has a direct impact on the success of the company. New hires receive intensive training and are quickly put into a position to provide unique and meaningful contributions. Analysts work in a collaborative and cross-functional environment, interfacing with subject matter experts, gaining exposure to a wide variety of analytical disciplines, and learning consulting best practices.
We are looking for motivated and analytically oriented recent graduates who are ready to start their career next door to our nation's capital. If you like problem solving, working in a dynamic team environment, and quantitative analysis, this may be the opportunity for you.
Augur Consulting, Inc. is an Equal Opportunity Employer
Responsibilities:
Our analysts work closely with government program offices in the acquisition of cutting edge defense technologies and energy projects. Analysts collaborate with cross functional experts and conduct research to gather inputs, perform analysis, develop models, compile and interpret results, and defend findings.
Cost Analysis responsibilities include: Development and maintenance of complex cost models, life cycle cost analysis, cost risk analysis, and cost performance tracking. Special projects include analysis of alternatives (AoA), business case/cost-benefit analysis, regression analysis, and cost excursions as needed by customers.
Schedule Analysis responsibilities include: Critical path analysis, schedule variance analysis, integrated master schedule development and tracking, vendor performance analysis and tracking, schedule risk analysis and ad-hoc problem solving.
Performance Management responsibilities include: Performing baseline events, audits, surveillance, and analysis/management of vendor performance, ensuring that program baselines are executable and measurable, conducting/leading/training the government on how to perform a proper baseline event, and other ad hoc methods to evaluate vendor performance and ensure tax dollars are executed efficiently.
Data Analytics & Visualization responsibilities include: Using PowerBI, Tableau, R, JACS, PO$T, CO$TAT, or LITUUS to develop dashboards, assessments, analyses reports, etc. to enable program managers to make informed decisions surrounding cost, schedule, vendor performance and other ad-hoc decision support.
Education:
A Bachelor's degree is required, with a preference for quantitative science or business disciplines (Economics, Math, Statistics, Finance, Business, Physics, Engineering, etc.)
Requirements:
Candidates must be proficient in quantitative analysis, project management concepts, and data collection and interpretation. Strong problem solving, critical thinking, teamwork, communication, and presentation skills are necessary. Applicants should be proficient in MS Office (Word, PowerPoint, and Excel). Experience with MS Project, analytical software tools, and programing languages such as R, Python, and VBA is helpful but not required.
Must be able to obtain and maintain the necessary levels of security clearance.
U.S. citizenship required.

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