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Entry Level Risk Analyst Jobs in Salt Lake City, UT

Work may include parametric forecasting, weapon system life cycle costs forecasting, analysis of data sets to determine relationships of costs to various technical and schedule inputs, risk analysis ...

Experience analyzing financial transactions, supporting documentation, and data trends to identify exceptions, risk indicators, or policy non-compliance * Experience using Microsoft Excel, Microsoft ...

Accounting Intern

Lehi, UT · On-site

$15 - $19/hr

Our mission is to surpass our own high standards and be the best risk protection group in our ... Complete assigned special projects that may include process improvements, data analysis, reporting ...

Accounting Intern

Lehi, UT · On-site

$15 - $19/hr

Our mission is to surpass our own high standards and be the best risk protection group in our ... Complete assigned special projects that may include process improvements, data analysis, reporting ...

Accounting Intern

Lehi, UT

$15 - $19/hr

Our mission is to surpass our own high standards and be the best risk protection group in our ... Complete assigned special projects that may include process improvements, data analysis, reporting ...

Accounting Intern

Lehi, UT · On-site

$15 - $19/hr

Our mission is to surpass our own high standards and be the best risk protection group in our ... Complete assigned special projects that may include process improvements, data analysis, reporting ...

The Associate Project Manager I is an entry-level position responsible for providing collaborative ... Coordinates and collaborates with subject matter experts to conduct data analysis and risk ...

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Entry Level Risk Analyst information

See Salt Lake City, UT salary details

$14

$39

$63

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

As of Aug 7, 2026, the average hourly pay for entry level risk analyst in Salt Lake City, UT is $39.18, according to ZipRecruiter salary data. Most workers in this role earn between $28.85 and $47.69 per hour, depending on experience, location, and employer.

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 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.

Can I be an entry level risk analyst without a degree?

Entry level risk analyst positions typically require a bachelor's degree in fields like finance, economics, or related areas, but some employers may consider candidates with relevant experience, certifications, or strong analytical skills. Demonstrating proficiency in data analysis tools and understanding risk management concepts can also improve your chances without a formal degree.

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, along with strong analytical skills and proficiency in data analysis tools like Excel or SQL. Gaining relevant internships or certifications such as the Financial Risk Manager (FRM) can also improve job prospects, but the overall entry process is accessible with the right education and skills.

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. Internships, volunteering, or entry-level positions in related fields can provide practical experience, and a bachelor's degree in finance, economics, or a related field is often required.

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.
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What cities near Salt Lake City, UT are hiring for Entry Level Risk Analyst jobs? Cities near Salt Lake City, UT with the most Entry Level Risk Analyst job openings:
Infographic showing various Entry Level Risk Analyst job openings in Salt Lake City, UT as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $81,490 per year, or $39.2 per hour.

Cost Analyst (Entry Level)

Tecolote Research

UT • On-site

Full-time

Re-posted 6 days ago


Job description

Overview
We're looking for talented individuals to join our Ogden, Utah team who can translate their problem-solving acumen, mathematical forecasting skills, and data analytic background into well-structured cost analyses. At Tecolote Research we offer first class benefits, a competitive salary, collaborative and innovative work environments, along with opportunities for growth and development. Plus, you'll be part of a team that's passionate about "Supporting our nation's most critical programs".
Responsibilities
  • Working as part of an integrated product team, the analyst will perform a wide variety of cost and economic analyses/estimating/engineering support directly interfacing with program offices and assisting the development and presentation of management level briefings as needed.
  • Work may include parametric forecasting, weapon system life cycle costs forecasting, analysis of data sets to determine relationships of costs to various technical and schedule inputs, risk analysis, performance measurement (earned value), cost-benefit analysis, and software cost forecasting.
  • Additional support includes, but is not limited to, the areas of strategy development, scheduling, market research, evaluation criteria development, pre-solicitation documentation review, request for proposal documentation, Independent Program Review documentation, as well as trade studies and providing subject matter expertise during proposal evaluations.

Skills Required
  • Must have 24 semester hours at the college level, in combination, of operations research, mathematics, probability, statistics, mathematical logic, science, accounting, finance, business or subject-matter courses requiring substantial competence in college-level mathematics or statistics.
  • Must have at least 3 semester hours of calculus.
  • Bachelor's degree in operations research, engineering, economics, math, statistics, or the sciences.
  • Excellent verbal communication, written, and quantitative analytical skills in data science, forecasting techniques, and estimating are required.
  • Proficient in the use of M/S office applications, i.e., M/S Project, Word, PowerPoint, and Excel.
  • Must be able to work in a team environment.
  • Successful candidates must possess and/or have the ability to obtain and maintain a Secret and/or Top Secret clearance.
  • U.S. citizenship required.

Education
Bachelor's degree required, preferably in math, engineering, business, or the sciences.