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Financial Risk Analyst Jobs in Ohio (NOW HIRING)

Analyze project financial data to identify cost, margin, and cash flow risks * Monitor exposure ... Prepare risk reports and dashboards for executive leadership * Present risk findings and ...

Financial Services Manager - Financial Risk Our Deloitte Regulatory, Risk & Forensic team helps ... Successful candidates will demonstrate an aptitude for complex problem-solving and analytical ...

Strong analytical, critical thinking, and organizational skills * Enthusiasm for developing expertise across financial services, business process, regulation, technology, or risk management Required ...

Risk Analyst Senior

Cincinnati, OH · On-site

$91.90K - $138.70K/yr

You will apply strong analytical and technical judgement to identify fraud and financial crime ... The Risk and Compliance Systems team transform complex regulatory obligations and bespoke client ...

As a Catastrophe Risk Analyst, you will work on special projects and provide expert recommendations ... Experience working in the insurance or finance industry, with a focus on catastrophe modeling and ...

Risk Analyst Senior

Cincinnati, OH · On-site

$91.90K - $138.70K/yr

You will apply strong analytical and technical judgement to identify fraud and financial crime ... The Risk and Compliance Systems team transform complex regulatory obligations and bespoke client ...

As a Catastrophe Risk Analyst, you will work on special projects and provide expert recommendations ... Experience working in the insurance or finance industry, with a focus on catastrophe modeling and ...

As a Catastrophe Risk Analyst, you will work on special projects and provide expert recommendations ... Experience working in the insurance or finance industry, with a focus on catastrophe modeling and ...

Third Party Risk Analyst

Cleveland, OH · On-site

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

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Financial Risk Analyst information

See Ohio salary details

$36.6K

$83.8K

$112.2K

How much do financial risk analyst jobs pay per year?

As of May 28, 2026, the average yearly pay for financial risk analyst in Ohio is $83,766.00, according to ZipRecruiter salary data. Most workers in this role earn between $66,500.00 and $105,100.00 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 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.

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 job categories do people searching Financial Risk Analyst jobs in Ohio look for? The top searched job categories for Financial Risk Analyst jobs in Ohio are:
What cities in Ohio are hiring for Financial Risk Analyst jobs? Cities in Ohio with the most Financial Risk Analyst job openings:
Infographic showing various Financial Risk Analyst job openings in Ohio as of May 2026, with employment types broken down into 81% Full Time, 16% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $83,766 per year, or $40.3 per hour.
Financial Risk Analyst II

Other

Posted yesterday


Job description

Financial Risk Analyst II

General Summary:
Provides intermediate level of financial analyses utilizing financial modeling software programs, Excel, database applications, and subsidiary systems in support of the Bank's financial management. Participates in the use and maintenance of the earnings simulation model and other recurring and non-recurring projects, which requires utilizing other market risk models and subsidiary processes and systems. Assists in analysis of mortgage risk/return performance and mortgage asset prepayment speeds using the market risk models and prepayment software models.
Principal Duties And Responsibilities:

  • 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, interest rate swaps, 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 expected mortgage risk/return performance and prepayment speeds on mortgage assets using the earnings simulation models, and other models as needed.
    Utilizes financial software packages and systems to perform analyses, which include Windows applications (specifically Excel and Access), Bloomberg, PolyPaths, LPS and Bank proprietary software and programs.
  • Participates in fulfilling the Department's compliance with Sarbanes Oxley legislation 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 in business with coursework in finance, accounting, and economics. Master's Degree in work-relevant business field preferred.
  • One or more 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, asset/liability management, fixed-income, mortgage securities and derivatives is preferred.
  • Intermediate skills in the use of Excel, 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:
Normal office environment with flexibility to meet changing deadlines.