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Prepare ad-hoc experience and paid claims reports to aid in risk management * Review new dealer accounts that are escalated from the seller set-up team to the risk team for underwriting analysis

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Entry Level Risk Management Analyst information

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$36.5K

$82.3K

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How much do entry level risk management analyst jobs pay per year?

As of Jul 21, 2026, the average yearly pay for entry level risk management analyst in the United States is $82,330.00, according to ZipRecruiter salary data. Most workers in this role earn between $62,500.00 and $90,500.00 per year, depending on experience, location, and employer.

What is the difference between Entry Level Risk Management Analyst vs Risk Analyst?

AspectEntry Level Risk Management AnalystRisk Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; some certifications like FRM or CRM are a plusBachelor's degree often required; certifications like FRM or CRM preferred
Work EnvironmentCorporate risk departments, financial institutions, insurance companiesFinancial firms, consulting agencies, insurance companies
Employer & Industry UsageEntry-level role in risk management teams across industriesMid-level role focusing on risk assessment and mitigation strategies

While both roles involve assessing and managing risks, the Entry Level Risk Management Analyst typically focuses on supporting risk assessments under supervision, whereas a Risk Analyst may have more independent responsibilities in analyzing and developing risk mitigation strategies. The entry-level position is ideal for those starting their careers, with similar educational requirements and work environments.

More about Entry Level Risk Management Analyst jobs
What cities are hiring for Entry Level Risk Management Analyst jobs? Cities with the most Entry Level Risk Management Analyst job openings:
What are the most commonly searched types of Risk Management Analyst jobs? The most popular types of Risk Management Analyst jobs are:
What states have the most Entry Level Risk Management Analyst jobs? States with the most job openings for Entry Level Risk Management Analyst jobs include:
Infographic showing various Entry Level Risk Management Analyst job openings in the United States 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 $82,330 per year, or $39.6 per hour.
Third Party Risk Management Analyst

Third Party Risk Management Analyst

Burke & Herbert Bank & Trust

Camp Hill, PA • On-site

Full-time

Re-posted 10 days ago


Burke & Herbert Bank rating

5.6

Company rating: 5.6 out of 10

Based on 8 frontline employees who took The Breakroom Quiz

140th of 149 rated banks


Job description

CLASSIFICATION: Non-exempt

REPORTS TO: Program Manager, Third Party Risk Management

JOB DESCRIPTION

Summary/Objective


Under the direction of the Program Manager, Third Party Risk Management, the Third‑Party Vendor Risk Analyst supports the execution of the Bank’s Third‑Party Risk Management (TPRM) Program by performing day‑to‑day operational, analytical, and facilitation activities. In partnership with the Program Manager, the Analyst helps strengthen and sustain effective vendor review cadence by coordinating stakeholder inputs, producing complete and traceable documentation, and preparing exam‑ready artifacts. This role ensures vendor risk activities—including due diligence, ongoing monitoring, documentation, and issue tracking—are executed in a timely, consistent, and examination‑defensible manner.


Essential Functions
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.


  • Execute day‑to‑day third‑party risk management activities for new and existing vendors in accordance with the Bank’s TPRM Program, with heightened focus on critical and GLBA‑High risk relationships. Support initial due diligence and ongoing risk assessments by collecting, validating, and documenting required artifacts and supporting materials for higher‑risk vendors to facilitate effective review, challenge, and approval by the Program Manager.


  • Maintain and manage the rolling vendor review schedule established by the Program Manager, ensuring critical and high‑risk third‑party relationships are prioritized and reviewed in accordance with established cadence and monitoring requirements. Coordinate with internal stakeholders, including Information Security, IT, Compliance, Finance, and Accounting, to obtain required risk assessment inputs and documentation necessary to support vendor reviews, providing enhanced facilitation for critical and GLBA‑High risk vendors.


  • Track vendors review progress, outstanding action items, and remediation activities, maintaining visibility into reviews, documentation gaps, and issue resolution. Proactively escalate aging, overdue, or at‑risk items to the Program Manager to support timely awareness, decision‑making, and risk mitigation.


  • Prepare, maintain, and organize comprehensive vendor review documentation, including executive summaries, evidence inventories, and issue tracking materials, with enhanced rigor applied to files associated with critical and GLBA‑High risk vendors. Ensure that vendor risk conclusions and assigned risk ratings are clearly, consistently, and defensibly supported by documented evidence prior to Program Manager review and sign‑off.


  • Assist in documenting risk acceptance decisions and remediation status under the direction of the Program Manager, ensuring alignment with TPRM program standards, internal governance expectations, and applicable regulatory requirements.


  • Identify procedural gaps, workflow inefficiencies, and documentation issues encountered during third‑party risk management execution, particularly those impacting oversight of critical and GLBA‑High risk vendors. Escalate observations and improvement opportunities to the Program Manager for program‑level evaluation and continuous improvement.


  • Support ad hoc projects, process enhancements, and targeted initiatives led by the Program Manager to strengthen third‑party risk governance, operational effectiveness, and overall program maturity.


Other Duties

  • Contract and Procurement Support

Support the Program Manager by tracking vendor‑related review milestones (including onboarding, renewals, and amendments). Ensure required vendor review documentation is complete, accurate, and available to support informed contractual decisions prior to execution.


  • Governance, Metrics, and Reporting Support

Compile and maintain program metrics, status reports, and supporting materials used to measure and monitor Third‑Party Risk Management (TPRM) program performance. Assist, as directed by the Program Manager, in preparing materials for internal governance forums, audits, and regulatory examinations.


  • Audit and Examination Readiness

Support internal and external audits and regulatory examinations by organizing vendor files, maintaining evidence mappings, and assembling response documentation under Program Manager guidance. Maintain vendor records in an exam‑ready state to support Program Manager interactions with auditors, regulators, and risk committees.

Skills/Abilities

  • Working knowledge of third-party risk management practices and regulatory expectations within a regulated financial services environment.
  • Strong analytical skills with the ability to assess risk data, identify trends, and support informed decision-making.
  • Excellent organizational and documentation skills with high attention to detail.
  • Ability to collaborate effectively with cross‑functional stakeholders while operating under Program Manager direction.
  • Strong written and verbal communication skills to support clear documentation, issue analysis, and timely escalation.
  • Proficiency with Microsoft Office (Excel, Word, PowerPoint) and risk management or workflow tracking tools.

Supervisory Responsibility

This position does not have supervisory responsibilities.


Work Environment

This job operates in an office setting, the opportunity to telework is not available. This role routinely uses standard office equipment such as computers, phones, photocopiers, filing cabinets and fax machines. Office environment with job duties conducted via telephone, face to face meetings, and on the computer.


Physical Demands

This position requires manual dexterity, the ability to lift files and open cabinets. This position requires bending, stooping, or standing, as necessary.


Travel

Limited local travel may be required for this position.


For Applicants located in Northern Viriginia (VA): The anticipated salary range for this position is $25.00-$30.00 per hour.

For Applicants from all other locations: The salary will be based on experience, qualifications, and geographic location.

The ranges listed above for Viriginia represent the good-faith compensation the Company reasonably expects to pay for the position at the time of posting. Actual compensation will be determined based on factors including, but not limited to, the candidate's skills, qualifications, experience, education, certifications, internal equity, and business needs. This position may also be eligible for additional compensation, such as bonuses or incentive pay, where applicable.

Education and Experience

Education

  • Requires a bachelor’s degree in business, Finance, Risk Management, Information Systems, Compliance, or a related field or equivalent professional experience supporting risk management functions in a regulated environment.

Experience

  • Requires a minimum of 1 year of experience supporting third‑party vendor management, operational risk, compliance, information security, or a related risk discipline within a regulated industry.
  • Requires hands‑on experience supporting vendor due diligence, ongoing monitoring, documentation, and issue tracking activities.
  • Experience coordinating with cross‑functional stakeholders (e.g., Information Security, IT, Compliance, Finance) to collect and organize risk assessment inputs.
  • Experience producing or maintaining clear, well‑organized, and evidence‑based documentation to support management review, audit, or regulatory examination.



Equal Employment Opportunity/M/F/disability/protected veteran status.



Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.


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