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Financial Risk Analyst Jobs in Texas (NOW HIRING)

Bachelors degree in business, finance, risk management, or a related field, preferred * At least 2 to 5 years of relevant corporate data analysis, insurance brokerage, reporting and/or risk ...

Bachelor's degree in business, finance, risk management, or a related field, preferred * At least 2 to 5 years of relevant corporate data analysis, insurance brokerage, reporting and/or risk ...

Risk Analyst

Dallas, TX ยท On-site

Bachelor's degree in business, finance, risk management, or a related field, preferred * At least 2 to 5 years of relevant corporate data analysis, insurance brokerage, reporting and/or risk ...

Aramco Trading Americas Market Risk Analyst (1935) Market Risk Staff - Houston, TX. - Full Time ... Bachelor's degree in finance, economics, mathematics, engineering or a related field. * Proficiency ...

Identify and assess financial, operational, compliance, strategic, and vendor risks, including ... Monitor KRIs, analyze trends, and prepare risk reports and recommendations for management.

Identify and assess financial, operational, compliance, strategic, and vendor risks, including ... Monitor KRIs, analyze trends, and prepare risk reports and recommendations for management.

This member of the FP&A team will not only play a key role in identifying and quantifying financial risk, but they will also have regular interaction with executive leaders as the role (Sr. Analyst ...

This member of the FP&A team will not only play a key role in identifying and quantifying financial risk, but they will also have regular interaction with executive leaders as the role (Sr. Analyst ...

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

At USAA, our mission is to empower our members to achieve financial security through highly ... Credit Risk Analyst Seniors use quantitative methods to identify credit risk, develop and deliver ...

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Financial Risk Analyst information

See Texas salary details

$35.9K

$82.1K

$109.9K

How much do financial risk analyst jobs pay per year?

As of Aug 21, 2026, the average yearly pay for financial risk analyst in Texas is $82,089.00, according to ZipRecruiter salary data. Most workers in this role earn between $65,200.00 and $102,900.00 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 Texas are hiring for Financial Risk Analyst jobs?

Cities in Texas with the most Financial Risk Analyst job openings:

Infographic showing various Financial Risk Analyst job openings in Texas as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 88% Physical, 4% Hybrid, and 8% Remote job distribution, with an average salary of $82,089 per year, or $39.5 per hour.

Senior Financial Risk Analyst

Western Alliance Bank

Dallas, TX โ€ข On-site

Full-time

Medical, Dental, Retirement

Posted 10 days ago


Job description

Job Title:

Senior Financial Risk Analyst

Location:

CityScape

What you'll do:

The Financial Risk Management Group (FRM) oversees risk-taking activities of Treasury and Mortgage Capital Markets. This role within FRM focuses specifically on Investment Portfolio, Mortgage Servicing Rights and Loans Held for Sale exposures. The team facilitates effective use of risk appetite to monitor and assess risk-taking activities. The group also plays a key role in keeping senior management appraised of the Company's financial risk profile. This is achieved by using risk measures, proactive application of expert judgement, and limit setting. Activities are centered on risk management and analysis, transparency and escalation of risk, supervision, and overall process improvement. As a Financial Risk Senior Analyst, you will support the oversight of the company's investment portfolio and mortgage asset portfolio, along with their respective hedging activities. You'll help monitor risk exposures, review risk reports, and assist in ensuring compliance with internal policies and regulatory standards. This role is ideal for someone with a strong analytical background who is looking to develop their expertise in financial risk management.
  • Risk Monitoring: Assist in reviewing investment portfolio and mortgage asset exposures and hedging strategies, including basic scenario analysis and stress testing. Monitor portfolio exposures (duration, convexity, liquidity, credit risk) and validate stress testing results.
  • Help prepare risk reports and summaries for management and risk committees.
  • Work with Treasury, Mortgage Capital Markets, and Asset Liability Management teams to gather data and support risk oversight activities.
  • Support the documentation of oversight processes and help ensure adherence to risk limits and regulatory requirements. Review hedge performance metrics (e.g., Earnings at Risk, and Economic Value of Equity)
  • Prepare risk oversight reports for senior management and risk committees.
  • Ensure compliance with Board-approved risk limits and regulatory requirements.
  • Maintain documentation of oversight processes and challenge activities.

What you'll need:

  • Bachelor's degree in finance, Economics, Mathematics, or related field; master's degree or CFA/FRM preferred.
  • 4+ years in risk management, Asset Liability Management, investment portfolio oversight, or Mortgage Capital Markets with a strong focus on analytics.
  • Familiarity with fixed income securities, derivatives, or hedging instruments is a plus.
  • Intermediate to advanced knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Intermediate to advanced knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Understanding of regulatory frameworks and risk management principles.
  • Strong understanding of second line of defense principles and governance.
  • Analytical mindset with attention to detail.
  • Ability to work collaboratively with different teams.
  • Advanced written and verbal communication skills.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation