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Entry Level Risk Analyst Jobs in Springfield, MA

Crowe LLP

Privacy Senior Associate

Hartford, CT

... Risk Assessments, and transfer impact analyses (TIAs). * Analyze data lifecycle processes to ... Acts as a trusted subject-matter contributor rather than an entry-level support role. Privacy by ...

Pwc

Partnership Tax Senior Associate - SALT

Hartford, CT · On-site

$55K - $187K/yr

... reducing risk. In this role, you will review and analyze complex tax data and support internal ... PwC does not intend to hire experienced or entry level job seekers who will need, now or in the ...

Gandara

Coordinated Entry Navigator | Shine

Holyoke, MA · On-site

$19.50 - $25.50/hr

Whether that is in an entry level or leadership role, Gandara will provide the tools and resources ... Engage potentially high risk clients in individualized case management, safety planning, and ...

All JobsRisk Analyst JobsEntry Level Risk Analyst JobsEntry Level Risk Analyst Jobs in Springfield, MA

Entry Level Risk Analyst information

See Springfield, MA salary details

$15

$40

$65

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

As of Jul 21, 2026, the average hourly pay for entry level risk analyst in Springfield, MA is $40.34, according to ZipRecruiter salary data. Most workers in this role earn between $29.71 and $49.09 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 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 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 most commonly searched types of Risk Analyst jobs in Springfield, MA? The most popular types of Risk Analyst jobs in Springfield, MA are:
What are popular job titles related to Entry Level Risk Analyst jobs in Springfield, MA? For Entry Level Risk Analyst jobs in Springfield, MA, the most frequently searched job titles are:
What job categories do people searching Entry Level Risk Analyst jobs in Springfield, MA look for? The top searched job categories for Entry Level Risk Analyst jobs in Springfield, MA are:
What cities near Springfield, MA are hiring for Entry Level Risk Analyst jobs? Cities near Springfield, MA 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 Springfield, MA as of July 2026, with employment types broken down into 1% Locum Tenens, 1% Internship, 86% Full Time, 6% Part Time, 1% Temporary, and 5% Contract. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $83,915 per year, or $40.3 per hour.
Product Specialist II - Credit

Product Specialist II - Credit

Bank of America

Hartford, CT • On-site

Full-time

PTO

Posted 19 days ago

Bank Of America rating

8.2

Company rating: 8.2 out of 10

Based on 520 frontline employees who took The Breakroom Quiz

44th of 149 rated banks

Job description

Job Description:
At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. We do this by driving Responsible Growth and delivering for our clients, teammates, communities and shareholders every day.
Being a Great Place to Work and providing a culture of caring is core to how we drive Responsible Growth. We are intentional about fostering an inclusive workplace where every teammate has the opportunity to succeed, build a career and contribute to our shared success. This includes attracting and developing exceptional talent, recognizing and rewarding performance, and supporting our teammates' physical, emotional, and financial wellness through affordable, competitive and flexible benefits.
We value the unique perspectives individuals bring from all backgrounds and career paths - whether shaped by military service, community college education, or a wide range of work and life experiences. These journeys foster resilience, leadership and innovation, strengthening our workforce and positively impact the communities we serve.
Bank of America is committed to an in-office culture that supports collaboration, engagement, and career development. Our approach includes clear in-office expectations, while providing an appropriate level of flexibility based on role-specific responsibilities and business needs.
At Bank of America, you can build a successful career with opportunities to learn, grow, and make an impact. Join us!
Job Description:
This job is responsible for supporting credit analysts and relationship managers in underwriting and servicing specialized credit products. Key responsibilities include expertise in product functionality and user experience as well as handling more complex inquiries, contributing to product improvement feedback loops, and training initiatives. Job expectations include coaching entry-level product specialists.
Responsible for the day-to-day resolution of complex client-related issues and the management of risks related to treasury accounts and services tied to an Asset Based Lending (ABL) credit facility. Must work closely with Treasury Sales Officers, Client Managers and Credit Officers to ensure the ABL requirements are implemented in the treasury relationship and to approve account structures, services and the opening/closing of accounts.
Must be able to effectively educate both internal partners and external clients regarding the ABL requirements and how their treasury accounts will interface with the loan. Working with business partners in Global Operations, Treasury Fulfillment, Treasury Services, Global Risk Management, Global Credit Operations, and internal and external counsel.
Responsibilities:
  • Identifies markets and participates in the valuation of products
  • Evaluates residual values in product contracts
  • Works with cross functional teams to support product development and execution
  • Prepares financial spreads and risk rating scorecards, as well as drafts of preliminary sections of credit approval memos
  • Coordinates documentation and due diligence for credit transactions
  • Tracks covenants, financial reporting, and compliance items
  • Trains entry-level Product Specialist
  • Ensuring that bank systems (including the Bank of America Business Capital (BABC) loan system have the proper information to facilitate the daily treasury transactions with the ABL Loan
  • Accountable for ensuring all documentation including Deposit Account Control Agreements are correct and in place.
  • Responsible for risk mitigation actions to protect the Bank from loss associated with accounts and treasury services.

Required Qualifications:
  • Expert in BAC treasury systems, services, capabilities and constraints including DDA platforms, Salesforce, OBA, GFS, iCon, etc
  • Knowledge of ABL treasury requirements and BABC procedures
  • Proficient in M365 including, Word, Excel, PowerPoint and CoPilot, Salesforce
  • 3 years of experience in treasury services and risk mitigation
  • Expertise and knowledge of capabilities and constraints of Bank's treasury management services and corporate DDA platforms,
  • Expertise in ABL treasury requirements and BABC operating procedures for loan servicing
  • Possess strong analytical skills
  • Strong communicator who is able to speak with authority with clients and internal business partners including higher management
  • Must have ability to balance competing priorities and parties with conflicting interests
  • Able to use sound judgment in the face of pressure and time deadlines and moves with a sense of urgency
  • Ability to solve problems effectively and quickly find resolution to issues

Desired Qualifications:
  • Bachelor's of Science of Finance preferred or equivalent work experience

Skills:
  • Attention to Detail
  • Collaboration
  • Collateral Management
  • Data Collection and Entry
  • Due Diligence
  • Data and Trend Analysis
  • Issue Management
  • Monitoring, Surveillance, and Testing
  • Problem Solving
  • Recording/Organizing Information
  • Active Listening
  • Adaptability
  • Audit Planning
  • Fraud Management

Minimum Education Requirement: High School Diploma / GED / Secondary School or equivalent
Shift:
1st shift (United States of America)
Hours Per Week:
40
Pay Transparency details
US - CT - Hartford - 185 ASYLUM ST - CITY PLACE 1 (CT2500), US - IL - Chicago - 110 N Wacker Dr - Bank Of America Tower Chicago (IL4110)
Pay and benefits information
Pay range
$71,000.00 - $137,000.00 annualized salary, offers to be determined based on experience, education and skill set.
Discretionary incentive eligible
This role is eligible to participate in the annual discretionary plan. Employees are eligible for an annual discretionary award based on their overall individual performance results and behaviors, the performance and contributions of their line of business and/or group; and the overall success of the Company.
Benefits
This role is currently benefits eligible. We provide industry-leading benefits, access to paid time off, resources and support to our employees so they can make a genuine impact and contribute to the sustainable growth of our business and the communities we serve.

What Bank Of America employees say

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About Bank Of America

Sourced by ZipRecruiter

At Bank of America, we are guided by a common purpose to help make financial lives better through the power of every connection. Responsible Growth is how we run our company and how we deliver for our clients, teammates, communities and shareholders every day. One of the keys to driving Responsible Growth is being a great place to work for our teammates around the world. We're devoted to being a diverse and inclusive workplace for everyone. We hire individuals with a broad range of backgrounds and experiences and invest heavily in our teammates and their families by offering competitive benefits to support their physical, emotional, and financial well-being.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

Charlotte, NC, US

Year founded

1998

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