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Financial Risk Analyst Jobs (NOW HIRING)

Risk Analyst

Charlotte, NC ยท On-site

$70K - $90K/yr

Bachelor's degree in actuarial science, finance, risk management, or a related quantitative field ... Strong analytical skills and demonstrated ability to work with large datasets * Proficiency in ...

Risk Analyst

Manhattan, NY ยท On-site

$63K - $73K/yr

Work with staff to prepare analyses on various aspects of financial risk arrangements including ... value-based payment (VBP) arrangements, revenues, expenses, utilization, quality, and membership ...

Risk Analyst

Manhattan, NY ยท Hybrid

$63K - $73K/yr

Work with staff to prepare analyses on various aspects of financial risk arrangements including ... value-based payment (VBP) arrangements, revenues, expenses, utilization, quality, and membership ...

Investment Risk Analyst

Boston, MA ยท On-site

$87K - $120K/yr

Our unwavering focus on our clients and strong financial foundation connects each of our enterprise ... This role assists senior risk managers to measure, monitor, analyze, and manage investment risk ...

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Financial Risk Analyst information

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$38.5K

$88.1K

$118K

How much do financial risk analyst jobs pay per year?

As of Jun 19, 2026, the average yearly pay for financial risk analyst in the United States is $88,111.00, according to ZipRecruiter salary data. Most workers in this role earn between $70,000.00 and $110,500.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Financial Risk Analyst, and why are they important?

To thrive as a Financial Risk Analyst, you need strong analytical skills, a solid understanding of finance and statistics, and typically a bachelor's degree in finance, economics, or a related field. Familiarity with risk modeling tools, financial software like Excel, MATLAB, or Python, and certifications such as FRM or CFA are highly valued. Attention to detail, problem-solving abilities, and effective communication help analysts present complex risk findings clearly and work well in teams. These competencies are essential for accurately assessing potential risks, supporting sound decision-making, and safeguarding an organization's financial stability.

What are some common challenges faced by Financial Risk Analysts in their daily work, and how can they be addressed?

Financial Risk Analysts often deal with rapidly changing market conditions and large volumes of complex data, which can make accurate risk assessment challenging. Staying updated with regulatory changes and effectively communicating risk findings to stakeholders with varying levels of financial knowledge are also frequent hurdles. To address these challenges, analysts typically use advanced risk modeling tools, participate in ongoing training, and collaborate closely with other departments such as compliance and trading. Building strong analytical and communication skills is key to navigating these demands successfully.

What is the difference between Financial Risk Analyst vs Credit Analyst?

AspectFinancial Risk AnalystCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like FRM or CFABachelor's degree in finance, economics, or related field; certifications like CFA often preferred
Work EnvironmentFinancial institutions, investment firms, corporate finance departmentsBanks, lending institutions, credit agencies
Employer & Industry UsageUsed across finance sectors to assess risk levels of investments and portfoliosPrimarily used by banks and lenders to evaluate creditworthiness of borrowers

While both roles involve financial analysis, a Financial Risk Analyst focuses on assessing overall financial risks across investments and portfolios, whereas a Credit Analyst specializes in evaluating the creditworthiness of individual borrowers. Both roles require similar credentials and often work within the finance industry, but their specific focus areas differ.

What does a Financial Risk Analyst do?

A Financial Risk Analyst identifies and assesses potential risks that could affect a company's financial health, such as market fluctuations, credit issues, or operational losses. They use quantitative techniques, financial modeling, and data analysis to forecast potential risks and recommend strategies to mitigate them. Their work helps organizations make informed investment decisions, comply with regulations, and protect assets. Financial Risk Analysts often work in banks, investment firms, insurance companies, and corporate finance departments.
More about Financial Risk Analyst jobs
What cities are hiring for Financial Risk Analyst jobs? Cities with the most Financial Risk Analyst job openings:
Who are the top companies hiring for Financial Risk Analyst jobs? The top employers for Financial Risk Analyst jobs are:
What states have the most Financial Risk Analyst jobs? States with the most job openings for Financial Risk Analyst jobs include:
Infographic showing various Financial Risk Analyst job openings in the United States as of June 2026, with employment types broken down into 75% Full Time, and 25% Part Time. Highlights an 81% Physical, 8% Hybrid, and 11% Remote job distribution, with an average salary of $88,111 per year, or $42.4 per hour.

Financial Risk Analyst III

Federal Home Loan Bank Cincinnati

Cincinnati, OH โ€ข On-site

Full-time

Posted 10 days ago


Job description

Financial Risk Analyst III
General Summary:
Providesintermediate level financial, quantitative, and market risk analyses. Utilizesfinancial modeling software programs, Excel, database applications, andsubsidiary systems in support of the Bank's financial risk management.Participates in the use and maintenance of the earnings simulation model,prepayment model, interest rate risk model, and other market risk models andsubsidiary processes and systems.
Principal Duties andResponsibilities:
  • Researches, creates, develops, interprets, applies, implements, and presents financial analyses projects concerning all facets of the financial operations, including earnings projections, market risk exposure, funding/hedging activities, advances, mortgage loans, mortgage-backed securities, short-term investments, Consolidated Obligations, structured debt, capital, retained earnings, derivatives, mortgage prepayment speeds, interest rate volatility, basis risk, term structure modeling, balance sheet composition, and leverage.
  • Utilizes the earnings simulation model, and other models as assigned, including documentation of procedures, preparation of input data using appropriate systems and programs, automation of data management, organization and processing of reports and analyses, analysis and verification of results, and developments and enhancements.
  • Produces regular analytical reports on actual and projected profitability at the total balance sheet and portfolio level.
  • Utilizes financial software packages and systems to perform analyses, which may include Windows applications (particularly Excel and CoPilot), SQL, PowerBI, Bloomberg, PolyPaths, Black Knight, and Bank proprietary software and programs.
  • Participates in fulfilling the Department's compliance with Sarbanes Oxley legislation, model governance requirements, and end-user computing requirements.
  • Performs other duties as assigned by management.

Minimum Knowledge,Skills and Abilities Required:
  • Knowledge at a level normally acquired through completion of a Bachelor's Degree infinance, accounting, economics, or related field.Master's Degree in work-relevant business field highly preferred.
  • Three years of related analytical experience preferably in the financial services industry.
  • Knowledge of financial theory and financial modeling systems and practices related to earnings simulations, profitability trends, interest rate risk, asset/liability management, fixed-income, mortgage securities and derivatives is preferred.
  • Intermediate skills in the use of Excel and PowerBI, as well as general database management techniques are required.Understanding of other languages and applications, including VBA is preferred.
  • Analytical skills necessary to develop, produce, interpret, and present a variety of financial reports and analyses.
  • Understanding of relevant generally accepted accounting principles, especially those related to financial institutions, mortgage securities, and derivatives.
  • Detail-oriented and possess analytical skills necessary to research, troubleshoot, prepare, and present a variety of reports and analyses in a fast-paced, continually evolving atmosphere.
  • Excellent verbal, written, and interpersonal communication skills necessary to effectively interact with all levels of Bank staff.
  • Demonstrates interests in working with a variety of backgrounds and perspectives that align with the Bank's core value. Promotes an environment of empathy and respect to ensure the inclusion of all team members.

Working Conditions:
Requiresdaily use of personal computer. Flexibility to work outside of normal workinghours and meet multiple and changing deadlines in a fast-pacedenvironment.