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Financial Risk Analyst Jobs in Washington (NOW HIRING)

Conduct risk assessments to identify potential financial risks and propose risk mitigation ... Proven experience as a Financial Analyst (preferably within the defense sector or government ...

... analysis as needed Qualifications: * 8 + years of experience at a large mortgage servicer or in a servicing area of a GSE or HUD * 8 + years of experience in risk management within a large financial ...

... analysis as needed Qualifications: * 8 + years of experience at a large mortgage servicer or in a servicing area of a GSE or HUD * 8 + years of experience in risk management within a large financial ...

Showing results 21-40

Financial Risk Analyst information

See Washington salary details

$43.6K

$99.8K

$133.6K

How much do financial risk analyst jobs pay per year?

As of Aug 20, 2026, the average yearly pay for financial risk analyst in Washington is $99,794.00, according to ZipRecruiter salary data. Most workers in this role earn between $79,300.00 and $125,200.00 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.
Infographic showing various Financial Risk Analyst job openings in Washington as of August 2026, with employment types broken down into 1% As Needed, 81% Full Time, 10% Part Time, 2% Temporary, and 6% Contract. Highlights an 83% Physical, 4% Hybrid, and 13% Remote job distribution, with an average salary of $99,794 per year, or $48 per hour.

Financial Analyst

Eccalon LLC

Arlington, VA • On-site

Full-time

Re-posted 17 days ago


Job description

Job Description

Eccalon is seeking a highly skilled and experienced Financial Analyst to provide comprehensive financial analysis and support to The Department of War (DoW). As a contractor, you will work closely with the various DoW agencies to ensure the effective management of financial resources, compliance with regulations, and the achievement of financial objectives. This position offers an exciting opportunity to contribute to the financial success of the defense sector.

Responsibilities

  • Stakeholder Collaboration: Foster positive working relationships with internal and external stakeholders, including Directors, Associate Directors, program managers, financial officers, and contracting personnel. Collaborate with cross-functional teams to gather financial data, coordinate efforts, and support decision-making processes.
  • Financial Analysis: Conduct in-depth financial analysis, including budgeting, forecasting, variance analysis, and financial modeling. Evaluate financial data, trends, and performance indicators to identify areas for improvement and recommend actionable strategies.
  • Budget Planning and Management: Collaborate with OSBP and DoD agencies to develop, monitor, and manage budgets. Assist in the preparation of budget proposals, ensuring accuracy, compliance with regulations, and alignment with strategic goals.
  • Cost Analysis: Perform cost analysis of small business programs and contracts. Evaluate the cost-effectiveness of various initiatives, identify potential cost savings, and provide recommendations to enhance financial efficiency.
  • Compliance and Reporting: Ensure compliance with financial regulations, policies, and procedures. Prepare financial reports, statements, and documentation in accordance with internal and external requirements. Support audits and assist in resolving any financial discrepancies or issues.
  • Financial Risk Assessment: Conduct risk assessments to identify potential financial risks and propose risk mitigation strategies. Evaluate the financial viability and sustainability of small businesses within the defense sector. Monitor and report on financial risk indicators.
  • Financial Planning and Strategy: Collaborate with OSBP and DoD agencies to develop financial plans and strategies. Provide input and recommendations on financial matters related to small business programs and initiatives. Assist in the evaluation of financial proposals and investment opportunities.
  • Financial Systems Support: Utilize various financial systems to carry out responsible actions while ensuring compliance with regulations to aid in the decision-making process. Systems may include Defense Finance and Accounting Service (DFAS), Wide Area Workflow (WAWF), Defense Travel System (DTS), and Standard Accounting, Budgeting, and Reporting System (SABRS)

Required Qualifications

  • Active Secret security clearance.
  • Bachelor's degree in Finance, Accounting, Economics, or a related field.
  • 5 years of experience in accounting, finance, business administration/management required.
  • Proven experience as a Financial Analyst (preferably within the defense sector or government contracting sector).
  • Strong understanding of financial principles, budgeting, forecasting, and cost analysis.
  • Proficient in financial modeling, data analysis, and financial software tools.
  • Knowledge of relevant financial regulations, including Federal Acquisition Regulation (FAR), Defense Federal Acquisition Regulation Supplement (DFARS), and Generally Accepted Accounting Principles (GAAP).
  • Excellent analytical and problem-solving skills with attention to detail.
  • Ability to work independently, prioritize tasks, and meet deadlines.
  • Strong communication and interpersonal skills to effectively collaborate with diverse stakeholders.

Eccalon logo

About Eccalon

Sourced by ZipRecruiter

We are a cross-functional collective of innovative minds that leverages technology to tackle the most challenging problems of this generation for clients, the nation, and the world. Eccalon fosters creativity, curiosity, and imagination across all departments and divisions to pioneer new ideas, products, and services. We advance innovation.​

Industry

Guided missile and space vehicle manufacturing

Company size

11 - 50 Employees

Headquarters location

Hanover, MD, US

Year founded

2017