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Financial Risk Analyst Jobs in Ohio (NOW HIRING)

Risk Manager

Columbus, OH · On-site

$35 - $40/hr

... Risk Analyst to support a client in Columbus, Ohio in a contract-to-permanent capacity. This position is ideal for someone with a strong background in controls testing within banking or financial ...

Ability to summarize and analyze financial matters into clear, concise presentations * Proficient ... Risk Management Expertise * Insurance Policy Negotiation * Financial Analysis * Team Leadership

New

Credit Analysis: * Perform initial and/or ongoing quantitative and qualitative analysis of ... Education: Bachelor's Degree, preferably in Finance or Accounting; (Or) Associates degree ...

Showing results 21-40

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 Aug 18, 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 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 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.

Do financial risk analysts make good money?

Financial risk analysts typically earn competitive salaries that vary by industry, experience, and location. Entry-level positions often start around $60,000 annually, with experienced analysts earning over $100,000, especially in finance and consulting sectors. Certifications like FRM or CFA can enhance earning potential.

Is a financial risk analyst a good career?

A financial risk analyst is a valuable role in finance, responsible for identifying and managing potential financial risks using data analysis and risk modeling tools. The profession offers strong job growth, competitive salaries, and opportunities for advancement, especially with relevant certifications like FRM or CFA. Success in this career often requires analytical skills, attention to detail, and proficiency with financial software.

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 August 2026, with employment types broken down into 1% As Needed, 87% Full Time, 10% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $83,766 per year, or $40.3 per hour.

SENIOR RISK MANAGEMENT ANALYST

7 17 Credit Union

Warren, OH

Full-time

Re-posted yesterday


Job description

Job Summary:  The Senior Risk Management Analyst supports the development and operation of the Credit Union’s Risk Management program. 

All job positions at 7 17 Credit Union may be assigned further duties with or without notice, verbally or in writing.  Essential duties and responsibilities include the following. 

Primary Duties:

  1. Develop, implement and apply risk metrics and methodologies.
  2. Report risk exposures.
  3. Assist with overseeing the Credit Union’s risk appetite framework to ensure that risks are appropriately identified, monitored and controlled. 
  4. Complete and provide quality control over enterprise wide and targeted risk assessments from the design phase through communicating results and analysis to appropriate parties.
  5. Provide mentorship and guidance to the Risk Management Analyst (or interns), fostering a culture of continuous learning and development within the team.
  6. Identify and report levels of risk within the organization using risk reports and dashboards.
  7. Aggregate and analyze data to calculate risk trends and outcomes.
  8. Identify and monitor key controls within the business processes.
  9. Assist business process owners with the development and monitoring of risk mitigation action plans. 
  10. Perform primary functions of Vendor Management Program including classifying vendors, performing due diligence and risk assessments on vendors, maintaining and monitoring vendor contracts and due diligence documentation.
  11. Serve as the Business Continuity Coordinator, assisting the Information Security Officer in overseeing the development, maintenance, and testing of business continuity and disaster recovery plans.
  12. Prepare reports to support risk management, vendor management, business continuity and incident response committees as needed.
  13. Review vendor SOC reports for adequacy of user control considerations.
  14. Review Change Requests, Project Charters and Business Case Analysis for risk considerations.
  15. Maintain knowledge of, and remain current with, regulatory changes from federal and state agencies.

Secondary Duties:

    1.  
  1. 1. Assists external audit firms and supervisory examiners.
  2. 2. Investigate member complaints and questions.
  3. 3. Serve on committees to implement new products and services as needed.
  4. 4. Assist the Information Security Officer with performing Information Security (IS) audits and assessments to evaluate the security and privacy controls.
  5. 5. Participate on the Vendor Management, Risk Management (RMCO) and Incident Response Committees as needed.

Confidentiality Requirements: All employees are required to maintain the confidentiality of company information and protect sensitive data, both during and after their employment.

Travel Demands:  Must be able to travel locally.

Prerequisite Education:

  1. High school diploma or equivalent
  2. Undergraduate degree in Business, Accounting, Finance, Information Systems, or related discipline.
  3. Other: Continuing education or Certification in risk related fields, such as CRMA, CCURM, CISA, CRISC, or degree approve by management.

Prerequisite Experience:

  1. A minimum of 4 years prior experience with risk management, regulatory compliance and/or internal audit in a financial institution environment required. 
  2. Knowledge of financial institution operations and processes, risk management methodologies, risk-based auditing techniques and/or internal controls required.
  3. Proficient in Microsoft Office products, including Word and Excel.
  4. Aptitude for learning various software platforms. 
  5. Self-starter.  Must have the ability to work under pressure, time and budget constraints, and to multi-task. 
  6. Excellent verbal/written communication skills.
  7. Excellent organization and documentation skills.
  8. Collaborative working style.

Required knowledge, skills and abilities once in the job:

 1.   Customer service attitude and skills to include: Team player attitude, commitment, patience, enthusiasm, creativity, listening, comprehension, initiative, cooperation, attention to detail, resourcefulness.

 2.   Professionalism to include: Confidence, good judgment, appropriate demeanor and appearance, ability to interact with employees and members.

 3.   Skills to include: Problem solving, decision making, time management, interpersonal communications, presentation and organization.

 4.   Ability to work autonomously.       

  5.   Excellent organizational and documentation skills.

 6.   Self-starter.  Ability to work under pressure, time and budget constraints and to oversee projects to their completion.

Certifications, licenses required once in the job:  Successfully complete approved courses or certifications designed to enhance skills in risk management and maintain prerequisite certifications.

Physical, Mental or Visual Demands:  The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

While performing the duties of this job, the employee is regularly required to: stand, walk, sit, use hands to finger, handle, or feel objects, tools, or controls, reach with hands and arms, climb or balance, stoop, kneel, crouch, or crawl, talk or hear, taste or smell.

This job regularly requires the employee to lift _1__ to _20_ pounds __5_ times per day.

Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception & the ability to adjust and focus.

Working Conditions:  The work environment characteristics described here are representative of those an employee encounters while performing the essential functions of this job.  Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. 

While performing the duties of this job, the employee may work: rarely near moving mechanical parts

The noise level in the environment is usually quiet.