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Financial Risk Analyst Jobs in Boston, MA (NOW HIRING)

Citizens Bank

First Line Risk Senior Analyst

Boston, MA · On-site

$70K - $80K/yr

First Line Senior Risk Analyst - BOSTON As the First Line Sr. Risk Analyst, you will participate ... Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or ...

Rockland Trust

Senior IT Risk Analyst

Plymouth, MA · Hybrid

Senior IT Risk Analyst (First Line of Defense) Rockland Trust is seeking a Senior IT Risk Analyst ... Financial services industry experience. Required Qualifications * Bachelor's degree in Information ...

Rockland Trust

Senior IT Risk Analyst

Plymouth, MA · Hybrid

Senior IT Risk Analyst (First Line of Defense) Rockland Trust is seeking a Senior IT Risk Analyst ... Financial services industry experience. Required Qualifications * Bachelor's degree in Information ...

TJX Companies

Risk Assurance Analyst

Marlborough, MA · On-site

$71.30K - $89.10K/yr

The Risk Assurance Analyst will support Risk Assurance functions including but not limited to ... such as finance, human resources legal, risk or other relevant areas * Bachelor's degree or ...

TJX Companies

Risk Assurance Analyst

Marlborough, MA · On-site +1

$71.30K - $89.10K/yr

The RiskAssurance Analyst will support Risk Assurance functions including but not limited to ... such as finance, human resources legal, risk or other relevant areas * Bachelor's degree or ...

Tjx

Risk Assurance Analyst

Marlborough, MA · On-site +1

$71.30K - $89.10K/yr

The RiskAssurance Analyst will support Risk Assurance functions including but not limited to ... such as finance, human resources legal, risk or other relevant areas * Bachelor's degree or ...

Verisk

Americas Analyst (Risk Insight)

Boston, MA · On-site

$80K - $100K/yr

The team works closely with our Human Rights, Sustainable Finance and Environment thematic subject ... expertise in analytical output. • Uses risk indices, analytics and other quantitative ...

Verisk

Americas Analyst (Risk Insight)

Boston, MA

The team works closely with our Human Rights, Sustainable Finance and Environment thematic subject ... Uses risk indices, analytics and other quantitative capabilities to support qualitative research to ...

Citizens

Third Party Risk Analyst

Medford, MA

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

Citizens

Third Party Risk Analyst

Boston, MA · On-site

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

Citizens

Third Party Risk Analyst

Boston, MA · On-site

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

Citizens

Third Party Risk Analyst

Medford, MA · On-site

$86K - $101K/yr

This role plays a critical part in protecting Citizens from regulatory, operational, financial, and ... Excellent analytical, investigative, and documentation skills with a high level of attention to ...

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Financial Risk Analyst information

See Boston, MA salary details

$41.7K

$95.4K

$127.8K

How much do financial risk analyst jobs pay per year?

As of May 30, 2026, the average yearly pay for financial risk analyst in Boston, MA is $95,428.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,800.00 and $119,700.00 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 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 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 are popular job titles related to Financial Risk Analyst jobs in Boston, MA? For Financial Risk Analyst jobs in Boston, MA, the most frequently searched job titles are:
What job categories do people searching Financial Risk Analyst jobs in Boston, MA look for? The top searched job categories for Financial Risk Analyst jobs in Boston, MA are:
Financial Risk Analyst jobs near you
First Line Risk Senior Analyst

First Line Risk Senior Analyst

Citizens Bank

Boston, MA • On-site

$70K - $80K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 5 days ago

Job description

Job Description
First Line Senior Risk Analyst - BOSTON
As the First Line Sr. Risk Analyst, you will participate, along with the first line risk teams, to define the target state for monitoring and testing for assigned products, processes and services. You will be responsible for assessing and executing the control monitoring and testing program for multiple lines of business and/or products. The Sr Risk Analyst will work within established timelines to deliver control testing and metric monitoring which are critical to determining control environment effectiveness. Further, the Sr Risk Analyst will act as a technical control expert in support of one or more critical business processes.
Primary responsibilities include:
  • The Sr Risk Analyst will be responsible for recommending an assessment of the controls performance based on analysis. The Sr Risk Analyst will assist in the training and development of peers.
  • Through workshops, identify and implement continuous monitoring and risk-adjusted control testing. Increase the use of key control metrics, automated testing and data analytics to provide value and insight to key stakeholders.
  • Execute the control monitoring and testing program for assigned products, processes and services. Meet all established SLAs related to control testing and continuous monitoring.
  • Support Risk and Control Self Assessment (RCSA) execution, make recommendations to existing risks/controls/control assessment method. Support exam management through delivery of control monitoring documentation and related analysis. Support risk issue closure.
  • Maintain up-to-date understanding of business processes along with regulatory, statutory and legislative requirements for risk management and controls.
  • Collaboration with designated business partners to remain apprised of status of ongoing risk, control, change initiatives as well as to ensure compliance with internal risk management requirements.
  • Write and maintain metric requirement documents including overall solution, data definitions, and process flow.
  • Partner with other members of the Commercial Risk team, using metric-based visualizations to facilitate Business Partner, Independent Risk Management and Senior Leadership decision-making.

Required Skills/Experience
  • 2-4 years' experience in a risk management and testing environment.
  • Strong analytical skills and an innovative approach to solving both practical and theoretical problems.
  • Ability to collaborate effectively, build relationships, facilitate discussions, and diplomatically build consensus across diverse audiences/viewpoints.
  • Excellent communication skills and experience producing high-quality materials for management consumption.
  • Proficient use of Microsoft suite of products and Atlassian tools (JIRA/Confluence)

Preferred Skills/Experience:
  • Understanding of internal testing best practices & methodologies (e.g. OCC Comptroller's Handbook on Internal Controls, FINRA 3120 Supervisory Control System)
  • Experience with statistical analysis and trending of testing metrics
  • Proficient use of Salesforce, Alteryx and Tableau
  • Proficient use of Microsoft suite of products and Atlassian tools (JIRA/Confluence)

Educational, Certifications and/or Other Professional Credentials:
  • Bachelor's Degree: Accounting, Business, Statistics, Risk Management, Information Systems, Finance, Economics or equivalent field or equivalent work experience.

Hours & Work Schedule: Hybrid/4 days in the office, 1 remote
  • Hours per Week: 40
  • Work Schedule: Monday - Friday
  • Work Location: Boston, MA

Pay Transparency
The salary for this position is $70,000-$80,000 per year. Actual pay is based on various factors including but not limited to the work location, and relevant skills and experience.
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens' paid time off policy exceeds the mandatory, paid sick or paid time-away policy of every local and state jurisdiction in the United States. For an overview of our benefits, visit https://jobs.citizensbank.com/benefits
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About Us
Equal Employment Opportunity
Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression, genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague's or a dependent's reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws. At Citizens, we are committed to fostering an inclusive culture that enables all colleagues to bring their best selves to work every day and everyone is expected to be treated with respect and professionalism. Employment decisions are based solely on merit, qualifications, performance and capability.
Equal Employment and Opportunity Employer
Job Applicant Data Privacy Policy
Background Check
Any offer of employment is conditioned upon the candidate successfully passing a background check, which may include initial credit, motor vehicle record, public record, prior employment verification, and criminal background checks. Results of the background check are individually reviewed based upon legal requirements imposed by our regulators and with consideration of the nature and gravity of the background history and the job offered. Any offer of employment will include further information.

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