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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 ...

Financial Risk Senior Consultant

Cincinnati, OH ยท On-site

$111K/yr

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

As a Credit Analyst you will be responsible for offering credit services to our customers. This ... Resolve customer complaints and verify select financial transactions* Perform proactive risk ...

Helping the customers and businesses we serve to make better and smarter financial decisions and ... We are hiring for an exciting opportunity as a Fraud Risk Analyst 4 within U.S. Bancorp ...

Performs Monte Carlo, scenario-based, and probabilistic analyses where applicable. Supports capital ... Communicates risk exposure using financial, operational, customer, regulatory, and reputational ...

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Showing results 1-20

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 Jul 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 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.
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 July 2026, with employment types broken down into 1% Internship, 82% Full Time, 7% Part Time, 1% Temporary, 7% Contract, and 2% Nights. Highlights an 82% Physical, 5% Hybrid, and 13% Remote job distribution, with an average salary of $83,766 per year, or $40.3 per hour.

Risk Analyst

HR4Me

Cincinnati, OH โ€ข On-site

Full-time

Posted 8 days ago


Job description

Enterprise & Project Risk Management
  • Identify and assess risks across active projects, pursuits, and corporate operations
  • Develop and maintain risk registers for major projects and business units
  • Evaluate exposure related to project size, scope, delivery method, schedule, and geography
  • Support risk reviews during pursuit, preconstruction, and project kickoff phases

Contract & Legal Risk
  • Review owner contracts, subcontracts, and vendor agreements for risk exposure
  • Identify unfavorable terms related to indemnification, liquidated damages, warranties, insurance, bonding, and force majeure
  • Collaborate with legal counsel on contract negotiations and risk mitigation strategies
  • Track contractual risk trends and recommend policy improvements

Insurance & Claims Management
  • Coordinate with brokers on insurance placements (GL, WC, Auto, Builders Risk, Professional Liability, OCIP/CCIP)
  • Analyze loss runs, claims history, and deductible exposure
  • Support claims management, documentation, and resolution
  • Assist with renewals and insurer submissions

Financial & Operational Risk Analysis
  • Analyze project financial data to identify cost, margin, and cash flow risks
  • Monitor exposure related to change orders, productivity, escalation, and supply chain disruptions
  • Support forecasting and scenario modeling for large or complex projects
  • Partner with project controls and finance teams to identify early warning indicators

Safety & Compliance Risk
  • Collaborate with Safety and Operations teams to assess safety-related risks and trends
  • Analyze incident data and recommend corrective actions
  • Support regulatory compliance (OSHA, DOT, state/local requirements)
  • Assist in audits and compliance reporting

Reporting & Communication
  • Prepare risk reports and dashboards for executive leadership
  • Present risk findings and recommendations to senior management
  • Maintain risk policies, procedures, and documentation
  • Support continuous improvement of risk management frameworks

Qualifications:
Required
  • Bachelor's degree in Finance, Risk Management, Construction Management, Engineering, or related field
  • 3-7+ years of experience in risk analysis, construction finance, insurance, or project controls
  • Experience in construction, mechanical contracting, or industrial services preferred
  • Strong understanding of construction contracts and project delivery methods (DBB, DB, CM, EPC)
  • Proficiency in Excel; experience with ERP systems (e.g., Viewpoint, Procore, SAP, Oracle) a plus

Preferred
  • Professional certifications (ARM, CPCU, CRIS, PMP, or similar)
  • Experience with large, complex projects ($25M+)
  • Knowledge of union and non-union labor environments
  • Experience with OCIP/CCIP programs

Core Competencies
  • Risk assessment & mitigation
  • Contract analysis
  • Financial modeling and data analysis
  • Cross-functional collaboration
  • Executive-level communication
  • Attention to detail with big-picture perspective

Key Performance Indicators (KPIs)
  • Reduction in claims frequency and severity
  • Improved project margin protection
  • Timely identification of high-risk projects
  • Successful insurance renewals and audits
  • Accuracy and usefulness of risk reporting

Why Join Us
  • Opportunity to influence risk strategy at an enterprise level
  • Exposure to large-scale, complex mechanical construction projects
  • Direct interaction with executive leadership
  • Competitive compensation, bonus potential, and benefits

Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.