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

Conflicts Analyst

New York, NY · On-site

$75K - $83K/yr

This is an entry-level opportunity ideal for a recent graduate interested in the legal industry ... Respond to inquiries regarding conflicts of interest and other engagement risk issues. * Provide ad ...

This is an entry-level opportunity ideal for a recent graduate interested in the legal industry ... Respond to inquiries regarding conflicts of interest and other engagement risk issues. * Provide ad ...

Conflicts Analyst

New York, NY · On-site

$75K - $83K/yr

This is an entry-level opportunity ideal for a recent graduate interested in the legal industry ... Respond to inquiries regarding conflicts of interest and other engagement risk issues. * Provide ad ...

Data Protection Sr. Analyst

Florham Park, NJ · Hybrid

$84.80K - $100.70K/yr

... Risk Management). * Participate in requirements gathering, workshops, and documentation efforts ... Prior internship, academic project, or entry-level experience in security or compliance is a plus.

Data Protection Sr. Analyst

New York, NY · Hybrid

$84.80K - $100.70K/yr

... Risk Management). * Participate in requirements gathering, workshops, and documentation efforts ... Prior internship, academic project, or entry-level experience in security or compliance is a plus.

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Entry Level Risk Analyst information

See Madison, NJ salary details

$15

$41

$67

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

As of May 29, 2026, the average hourly pay for entry level risk analyst in Madison, NJ is $41.73, according to ZipRecruiter salary data. Most workers in this role earn between $30.72 and $50.82 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.
What cities near Madison, NJ are hiring for Entry Level Risk Analyst jobs? Cities near Madison, NJ with the most Entry Level Risk Analyst job openings:
Software Development Engineer

Software Development Engineer

Clearwater Analytics

New York, NY • On-site

$115.12K - $148.35K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 12 days ago


Job description

Job Summary:
The Software Development Engineer role on our Trading & Risk Management Systems (TRMS) team focuses on designing, implementing, and maintaining software components that support financial risk analytics and reporting. You will contribute to applications and services that process market, position, and reference data and help enable risk calculations such as sensitivities/Greeks, VaR, PFE, and XVA.
This role emphasizes continuous learning, collaboration across product, quant, and engineering teams, and disciplined software engineering practices. As you grow in the role, you will take on more design responsibilities, improve system components, and influence best practices. Successful engineers demonstrate strong problem-solving ability, clear communication, solid coding habits, and a collaborative team mindset.
Responsibilities:
• Develop, enhance, and maintain software applications and services used in risk workflows and data processing.
• Collaborate with product managers, quants, and engineering peers to clarify requirements and translate them into functioning code.
• Participate in design discussions and propose improvements that support scalability, performance, and maintainability.
• Build and maintain integrations and pipelines for trade, position, and market data.
• Write unit and integration tests and contribute to overall code quality and reliability.
• Perform troubleshooting and root-cause analysis to resolve defects and improve system stability.
• Assist in story creation, effort estimation, and delivery planning within an Agile environment.
• Document implementation details, design decisions, and APIs to support knowledge sharing and maintainability.
• Support CI/CD processes, build pipelines, and release activities.
Required Skills:
• Strong understanding of data structures, algorithms, and object-oriented programming.
• Proficiency in Python or another modern object-oriented language (Java, C#, C++, etc.).
• Ability to learn quickly and apply new concepts in data-driven or computational problem spaces.
• Exposure to or basic experience with APIs, microservices, or backend service development.
• Familiarity with version control tools such as Git and comfort participating in code reviews.
• Solid analytical and problem-solving skills with attention to detail.
• Good written and verbal communication skills; ability to work effectively with cross-functional partners.
• Interest in financial markets or risk management concepts is a plus but not required-domain training is provided.
• Experience with automated testing, CI/CD workflows, or cloud environments is a plus, not a must.
Education and Experience:
• Bachelor's degree in Computer Science, Engineering, Mathematics, or a related field-or equivalent practical experience.
• 2+ years of professional software development experience (financial services experience is a bonus, not a requirement).
• Experience working on data-intensive, distributed, or mission-critical systems is a plus but not expected at entry level.
Salary Range
$115,119.60 - $148,350.00
This is the pay range the Company believes it will pay for this position at the time of this posting. Consistent with applicable law, compensation will be determined based on relevant experience, other job-related qualifications/skills, and geographic location (to account for comparative cost of living). The Company reserves the right to modify this pay range at any time. For this role, benefits include: health/vision/dental insurance, 401(k), PTO, parental leave, and medical leave, STD/LTD insurance benefits. Clearwater Analytics is An Equal Opportunity/Affirmative Action Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or veteran status, age or any other federally protected class.