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Financial Risk Analyst Jobs in Ohio (NOW HIRING)

HR4Me

Risk Analyst

Cincinnati, OH · On-site

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 ...

Deloitte

Financial Risk Manager

Cincinnati, OH

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

MyUSA Credit Union

Credit Risk Analyst

Middletown, OH

MyUSA Credit Union is a member-owned, over $350 million financial institution with offices in ... The Credit Risk Analyst assists the Lending Manager in developing strategies to increase the direct ...

New

Deloitte

Financial Risk Senior Consultant

Cincinnati, OH

$111K/yr

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

Munich Re

CAT Risk Analyst

Amelia, OH · On-site

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 ...

Munich Re

CAT Risk Analyst

Amelia, OH · Hybrid

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 ...

Phillipsedison

Claims and Risk Analyst

Cincinnati, OH · Hybrid

Bachelor's degree in Risk Management, Finance, Business, Accounting, Legal Studies, or a related ... Analytical mindset with an interest in understanding loss drivers and claim trends * Clear and ...

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All JobsFinancial Risk Analyst JobsFinancial Risk Analyst Jobs in Ohio

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 Jun 17, 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 are popular job titles related to Financial Risk Analyst jobs in Ohio? For Financial Risk Analyst jobs in Ohio, the most frequently searched job titles are:
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:
Financial Risk Analyst jobs near you

Financial Risk Analyst III

Federal Home Loan Bank Cincinnati

Cincinnati, OH • On-site

Full-time

Posted 9 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.

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