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Entry Level Risk Analyst Jobs in Lakeville, MN (NOW HIRING)

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Entry Level Risk Analyst information

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

As of Sep 11, 2026, the average hourly pay for entry level risk analyst in Lakeville, MN is $41.93, according to ZipRecruiter salary data. Most workers in this role earn between $30.87 and $51.06 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 popular job titles related to Entry Level Risk Analyst jobs in Lakeville, MN?

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

What cities near Lakeville, MN are hiring for Entry Level Risk Analyst jobs?

Cities near Lakeville, MN with the most Entry Level Risk Analyst job openings:

Infographic showing various Entry Level Risk Analyst job openings in Lakeville, MN as of September 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 81% Physical, 5% Hybrid, and 14% Remote job distribution, with an average salary of $87,212 per year, or $41.9 per hour.

Quality Systems Specialist I

Roseville, MN • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 11 days ago


Job description

Job Description:
As a privately-owned, biopharmaceutical company, Ferring pioneers and delivers life-changing therapies that help people build families and live better lives. Our independence helps us cultivate an entrepreneurial spirit and long-term perspective that enables us to achieve growth and scale, while remaining agile and true to our 'people first' philosophy. Built on a 70-year plus commitment to science and research, Ferring is relentless in its pursuit of science that drives powerful discoveries and therapies to help people build families, stay healthy, and stand up to the world's oldest enemy: disease.
As the Quality Systems Specialist I you will be responsible for supporting the implementation, maintenance, and continuous improvement of Quality Management System (QMS) processes to ensure compliance with applicable regulatory requirements and company procedures. This role provides operational support for Quality Systems activities including deviations, CAPA, change control, document control, training, supplier quality, audits, and management review processes. The Specialist I works under general supervision while developing technical expertise in cGMP regulations and Quality Systems requirements.
With Ferring, you will be joining a recognized leader, identified as one of "The World's Most Innovative Companies" by Fast Company, and honored by Fortune with inclusion on its "Change the World List," for addressing society's unmet needs. Ferring US is also Great Places to Work® Certified, distinguishing it as one of the best companies to work for in the country.
Responsibilities:
Support Quality System Processes
  • Support the administration and maintenance of Quality Systems processes to ensure compliance with applicable regulatory requirements and internal procedures.
  • Assist in the implementation and continuous improvement of Quality Management System (QMS) programs.
  • Ensure quality records are complete, accurate, and maintained in accordance with applicable procedures.

Investigation, Deviation, and CAPA Support
  • Coordinate deviation, nonconformance, CAPA, and quality event records within the electronic Quality Management System.
  • Assist investigation owners with gathering data, documenting facts, and maintaining investigation records.
  • Track investigation and CAPA due dates and follow up with assigned action owners.
  • Participate in root cause analysis activities under the guidance of senior Quality personnel.
  • Escalate overdue or potentially high-risk issues to management.

Audit Program Support
  • Assist with the planning, scheduling, and coordination of internal and external audits.
  • Prepare audit materials, maintain audit records, and track audit findings.
  • Support the collection and verification of audit responses and evidence.
  • Monitor audit commitments and assist with closure activities.

Supplier Quality Support
  • Support the Supplier Quality Engineer.

Change Control, Document Control, and Training
  • Process routine document revisions and support document control activities.
  • Assist with periodic review activities and record retention processes.
  • Support training assignments, training record maintenance, and training compliance monitoring.
  • Review routine quality records for completeness and procedural compliance.

Management Review and Metrics
  • Compile Quality Systems metrics and prepare routine reports.
  • Maintain tracking tools and dashboards used to monitor Quality System performance.
  • Assist in data collection and preparation for Management Review meetings.

Inspection Readiness Support
  • Support regulatory inspection readiness activities
  • Retrieve records and documentation requested during inspections and audits.
  • Assist in maintaining inspection-related documentation and commitments.

Continuous Improvement
  • Participate in Quality Systems improvement initiatives and cross-functional projects.
  • Identify opportunities to improve process efficiency and data quality.
  • Support implementation of electronic Quality Management System (eQMS) enhancements.

Other Responsibilities
  • Collaborate effectively with Manufacturing, Quality Control, Technical Operations, Materials Management, Regulatory Affairs, and other functional groups.
  • Perform additional duties as assigned to support business needs.

Requirements:
  • Bachelor's degree in a scientific discipline or related field.
  • 1-3 years of experience in the pharmaceutical, biotechnology, medical device, or other regulated industry.
    Co-op or entry-level Quality experience preferred.
  • Basic understanding of cGMP regulations and Quality Systems concepts.
  • Familiarity with deviations, CAPA, change control, document control, and training systems preferred.
  • Strong organizational, communication, and time-management skills.
  • Ability to manage multiple priorities and meet deadlines.
  • Detail-oriented with strong documentation practices.
  • Ability to work effectively in a cross-functional team environment.
  • Demonstrates sound judgment and appropriately escalates complex quality issues.
  • Proficient with Microsoft Office applications and electronic quality systems.

Ferring + you
At Ferring, we offer competitive total compensation along with an exceptional range of flexible benefits, personal support and tailored learning and development opportunities all designed to help you realize your full potential both in life and at work. From working hours that respect your lifestyle, a culture that is welcoming and equitable, and the chance to work with the industry's most impressive people, these are just some of the ways we live our "People First" philosophy.
Our Compensation and Benefits
At Ferring, base salary is one part of our competitive total compensation and benefits package and is determined using a salary range. The base salary range for this role is $63,249 to $117,463, which is the reasonable estimate of the base compensation for this role. The actual amount paid may differ based on non-discriminatory factors such as experience, knowledge, skills, abilities, education and primary work location. Additional compensation for this role will be provided based on competitive annual incentive compensation targets in the form of an annual bonus - payouts are based on individual and company performance.
Benefits for this role include comprehensive healthcare (medical, dental, and vision) with a premium differential, inverse to base salary, to be paid by employees, a 401k plan and company match, short and long-term disability coverage, basic life insurance, wellness benefits, reimbursement for certain tuition expenses, sick time of 1 hour per 30 hours worked, vacation time for full time employees to accrue up to 120 hours in the first four (4) years of employment, and 160 hours in the fifth (5th) year of employment as well as 15 paid holidays per year. We are proud to offer paid parental leave subject to a minimum period of employment at Ferring.
Ferring is an equal opportunity employer. All aspects of employment will be based on merit, competence, performance, and business needs. We do not discriminate on the basis of race, color, religion, marital status, age, national origin, ancestry, physical or mental disability, medical condition, pregnancy, genetic information, gender, sexual orientation, gender identity or expression, veteran status, or any other status protected under federal, state, or local laws.
Join our team and your voice will be heard, and your contributions will be valued. If you love to come up with new ways to make a positive difference and see them through, you will fit right in.
We are proud to be an Affirmative Action/Equal Opportunity Employer (including Disability/Protected Veterans). We maintain a drug-free workplace.
Location:
Roseville, Minnesota