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

PR Girl Manifesto

Capital Markets QRM Analyst

Manhattan, NY · On-site

$72K - $109K/yr

Position Summary The Quantitative Risk Management (QRM) Analyst is responsible for the daily operation and support of Guild's QRM Mortgage Banking (QRM-MB) risk management system, which models the ...

InforCapital

2027 Private Equity Analyst

Manhattan, NY · On-site

$112K/yr

... through its First STEP Program -- an entry-level early careers program for graduating ... Excellent quantitative and financial modeling skills; strong sense of risk/reward trade-offs * High ...

LS Power Development, LLC

Rotational Analyst

Manhattan, NY · On-site

$100K - $125K/yr

This will include analyzing supply and demand dynamics, pricing trends, basis risk, market opportunities, and risks impacting LS Power's portfolio. By the end of this rotation, Analysts should ...

Socket.dev

Rotational Analyst

Manhattan, NY · On-site

$100K - $125K/yr

This will include analyzing supply and demand dynamics, pricing trends, basis risk, market opportunities, and risks impacting LS Power's portfolio. By the end of this rotation, Analysts should ...

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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 Paramus, NJ is $40.97, according to ZipRecruiter salary data. Most workers in this role earn between $30.14 and $49.86 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 Paramus, NJ?

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

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

Cities near Paramus, NJ 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 Paramus, NJ as of August 2026, with employment types broken down into 77% Full Time, 15% Part Time, and 8% Contract. Highlights an 100% In-person job distribution, with an average salary of $85,213 per year, or $41 per hour.

Configuration Analyst

White Plains, NY • On-site

NEW YORK POWER AUTHORITY
Utilities • 1 - 5K employees
Learn more about NEW YORK POWER AUTHORITYexternal

$87K - $119K/yr

Full-time

Re-posted 18 days ago

Key responsibilities

  • Support the implementation, maintenance, and day-to-day operation of core enterprise platforms including M365, RSA Archer, and Workiva.

  • Develop and maintain Python and Node.js scripts to automate routine operations and support system improvements.

  • Assist in incident management, system testing, documentation, and support for enterprise system changes.

Job description

Summary
The New York Power Authority is seeking a Configuration Analyst to support the implementation, maintenance, and day-to-day operation of the core enterprise platforms that keep our Risk & Resilience function running. This is an entry-level to early-career opportunity, ideal for a motivated recent graduate or a professional with up to two years of experience in IT, software development, or systems administration who is ready to grow within a high-impact technology team.
Reporting to the Director, Risk & Resilience Technology, you will work alongside senior Configurators to support platforms including Microsoft 365, RSA Archer, Workiva, and Python- and Node.js-based automation and services. Your responsibilities will span system monitoring, incident management, scripting, and stakeholder communication. You will identify opportunities for automation and operational efficiency and help implement improvements with team guidance, develop and maintain Python and Node.js scripts that streamline routine operations and reduce manual effort, and participate in the full software development lifecycle-from requirements gathering and testing through deployment and post-implementation support-for enterprise system changes. You will also maintain accurate documentation of configurations, procedures, runbooks, and lessons learned, and contribute to code reviews and version control practices in line with team standards.
This is a hands-on role with clear mentorship and meaningful room to grow, offering exposure to the enterprise systems that directly support the resilience of New York's power infrastructure. Please note that desktop and network infrastructure support falls outside the scope of this position.
The Configuration Analyst supports the implementation, maintenance, and day-to-day operations of core enterprise IT systems at the New York Power Authority. This is an entry-level to early-career position suited for a motivated recent graduate or a professional with up to two (2) years of relevant experience in IT, software development, or systems administration. This role would be part of Risk and Resilience Business unit. #LI-CJ1
Responsibilities
  • Assist with implementations, support, and improvement of hardware and software solutions
  • Assist in support and maintenance of core platforms including M365, RSA Archer, Workiva Python-based automation, and Node.js services
  • Assist in operational management of key infrastructure platforms and services like M365, RSA Archer, Workiva
  • Communicate and coordinate with other teams, management, and project manager on implementation and integration for projects and services across the enterprise
  • Assist in incident lifecycle management using ITIL methodologies
  • Support existing environments including patching and vulnerability management, and platform upgrades
  • Assist in the testing and operations of SaaS based upgrades
  • Assist in resolution of production issues while adhering to IT change and incident management, and verification practices (ITSM)
  • Assist and support continuous improvement of IT operations through tasks automation and scripting
  • Support Business Continuity Processes and Disaster Recovery exercises

Knowledge, Skills and Abilities
  • Ability to handle all but the most complex IT tasks for medium and small enterprise systems and/or discrete parts of large enterprise systems
  • Knowledge of systems and software debugging
  • Excellent written and oral communication is essential to document incidents, reporting to senior management, and to capture customer needs
  • Ability to investigate what is not intuitive and to develop solutions to non-routine problems
  • Competent to work at the highest technical level on all phases of system implementations and support
  • Must be aware of changes and advancements in the industry and develop industry-wide expertise
  • Proficient in the use of the M365 platform and services, virtualization technologies, storage and compute, cloud platforms, and infrastructure services like Active Directory, DNS, etc.
  • Experience with scripting languages and automation tools

Education, Experience and Certifications
  • Bachelor's Degree required. IT related field preferred.
  • 2 years of related experience preferred
  • Experience in the use of platforms including M365, RSA Archer, Workiva Python-based automation, Node.js services and multiple application development tool sets as well as experience in formal system development lifecycle methodology
  • Experience using standard application development design, report and project management tools

Physical Requirements
The New York Power Authority is committed to providing fair, competitive, and market-informed compensation. The estimated salary range for this position is: $87,000-$119,900. The salary offered will be determined based on the successful candidates' relevant experience, knowledge, skills, and abilities.
The New York Power Authority and Canal Corporation believes that diversity, equity, and inclusion drive our success, and we encourage women, people of color, LGBTQIA+ individuals, people with disabilities, members of ethnic minorities, foreign-born residents and veterans to apply. As an equal opportunity employer, NYPA/Canals is committed to building inclusive, innovative work environments with employees who reflect communities across New York and enthusiastically serve them. We proudly celebrate diversity and do not discriminate based on race/color, creed/religion, national origin, citizenship or immigration status, age, disability, military status, gender/sex, sexual orientation, gender identity/expression, pregnancy and related conditions, familial/marital status, domestic violence victim status, predisposing genetic characteristics, arrest/criminal conviction record or any other category protected by law.
NYPA/Canals will also provide reasonable accommodations during the hiring process related to candidates' disabilities, pregnancy-related conditions, religious observances/practices and/or domestic violence concerns. To request an accommodation, please email accessibility@nypa.gov.

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