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Entry Level Risk Analyst Jobs in Westminster, MD

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Entry Level Risk Analyst information

See Westminster, MD salary details

$14

$38

$63

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

As of Sep 14, 2026, the average hourly pay for entry level risk analyst in Westminster, MD is $38.91, according to ZipRecruiter salary data. Most workers in this role earn between $28.65 and $47.36 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 the most commonly searched types of Risk Analyst jobs in Westminster, MD?

The most popular types of Risk Analyst jobs in Westminster, MD are:

What are popular job titles related to Entry Level Risk Analyst jobs in Westminster, MD?

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

What cities near Westminster, MD are hiring for Entry Level Risk Analyst jobs?

Cities near Westminster, MD 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 Westminster, MD as of August 2026, with employment types broken down into 1% As Needed, 84% Full Time, 13% Part Time, and 2% Contract. Highlights an 85% Physical, 5% Hybrid, and 10% Remote job distribution, with an average salary of $80,923 per year, or $38.9 per hour.

Entry Level Full Time 2027 | Risk Advisory Staff

Owings Mills, MD • On-site

Citrin Cooperman
Professional, Scientific, and Technical Services • 51 - 200 employees
Learn more about Citrin Coopermanexternal

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Posted 13 days ago

Citrin Cooperman rating

8.3

Company rating: 8.3 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

Job description

Responsibilities:Gain an understanding of assigned clients’ objectives as well as their regulatory and risk management environmentObtain and analyze data as a basis for reviewing the adequacy, effectiveness, and efficiency of systems and processesConduct transaction testing, perform readiness assessments, and assess the adequacy of internal controls’ design to mitigate financial, operational, and compliance risks and testing their operating effectivenessAssist with the evaluation of processes and controls for compliance with relevant existing or proposed laws and regulations, established policies, plans and proceduresAppraise the adequacy of corrective actions taken to remediate deficiencies identified during auditsPrepare audit reports and recommending improvements to financial and operational processesDevelop and maintaining knowledge of emerging risk areas and related control techniquesProvide exceptional service to clients remotely and in-person, always serving as a positive brand ambassador for Citrin CoopermanQualifications:Bachelor's and/or Master’s degree in Accounting, Business, Information Technology, or another relevant fieldMinimum three (3) months of current or recent internship and/or other hands-on experience in consulting, audit, accounting or similaMinimum 3.0 GPA upon completion of the most recent undergraduate or graduate programUnwavering integrity and ethicsExperience interacting with clients/customers, establishing credibility, trust and healthy relationshipsDemonstrable examples of innovative thinking and problem solvingWillingness and ability to travel to client sites across the country, as dictated by business need, possibly up to 25%Preferred Qualifications:Experience with and/or knowledge of SOXCPACIAMS in Accounting or MBADemonstrated knowledge of business risks and effective systems of internal controlsExperience working in a public accounting and/or consulting firm(s)Risk Advisory / Internal Audit experienceWorking knowledge of financial and operating policies and standards and compliance issuesExperience reviewing, considering, criticizing, and/or auditing financial and operational controls or process improvements #J-18808-Ljbffr

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