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Financial Risk Analyst Jobs in Cleveland, OH (NOW HIRING)

Performs Monte Carlo, scenario-based, and probabilistic analyses where applicable. Supports capital ... Communicates risk exposure using financial, operational, customer, regulatory, and reputational ...

Support adhoc risk analyses in response to market events, strategy changes, or committee requests ... Bachelor's degree in finance, Economics, Accounting, Mathematics, Statistics, or a related field ...

Senior Financial Analyst - CFNA

Brook Park, OH · Hybrid

$80K - $100K/yr

Success working with cross-functional teams within Finance and specifically within Risk, Marketing, Operations, and Analytics at a lending institution At Bridgestone, you are Free to Be We believe ...

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Financial Risk Analyst information

See Cleveland, OH salary details

$37.4K

$85.5K

$114.5K

How much do financial risk analyst jobs pay per year?

As of Aug 18, 2026, the average yearly pay for financial risk analyst in Cleveland, OH is $85,479.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,900.00 and $107,200.00 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.

What are popular job titles related to Financial Risk Analyst jobs in Cleveland, OH?

For Financial Risk Analyst jobs in Cleveland, OH, the most frequently searched job titles are:

What cities near Cleveland, OH are hiring for Financial Risk Analyst jobs?

Cities near Cleveland, OH with the most Financial Risk Analyst job openings:

Infographic showing various Financial Risk Analyst job openings in Cleveland, OH as of August 2026, with employment types broken down into 1% As Needed, 82% Full Time, 14% Part Time, and 3% Contract. Highlights an 89% Physical, 4% Hybrid, and 7% Remote job distribution, with an average salary of $85,479 per year, or $41.1 per hour.

2027 Risk Management Rotational Analyst Program- Cleveland

KeyBank

Cleveland, OH • On-site

Full-time

Posted 12 days ago


KeyBank rating

8.2

Company rating: 8.2 out of 10

Based on 99 frontline employees who took The Breakroom Quiz

51st of 171 rated banks


Job description

Location:
127 Public Square, Cleveland Ohio
2027 Risk Management Rotational Analyst Program
Program Start: July 12, 2026
What does our Enterprise Analyst Program offer?
KeyBank's Enterprise Analyst Program is a multi-week training program. For those still in college, the program facilitates the transition from college to a full-time career at Key. The program provides opportunities to learn about Key's business and strategic pillars, learn about Key's industry-leading employee benefits, engage in exciting networking events with Analysts across various teams, hear from members of the Executive Leadership Team, and receive relevant training ahead of starting in a full-time role.
At the conclusion of the multi-week training program, Analysts will enter their Line of Business to begin working with their respective teams where they either begin a rotational program within their group or begin working in their full-time role. Continued development beyond the program is provided through mentorship opportunities with teammates across various levels of the organization that will provide an environment for shared learning and advice, encourage professional development, and assist in the development of career aspirations and goals.
Risk Management
Key Risk Management provides leadership on risk management strategies and initiatives for enterprise risk, credit, market and treasury, anti-money laundering, compliance, operational, and model risk as well as regulatory relations, portfolio management, quantitative analytics, and asset recovery activities.
About the Risk Management Rotational Analyst Program
The Risk Management Rotational Analyst Program is designed to build KeyBank risk professionals through training, work experience, cross-functional experience, and robust feedback and performance management. Risk Management Analysts begin with several weeks of foundational training. Rotations begin upon completion of the training and continue for 12 months, each rotation being 6 months in length.
Essential job functions include analytics and reporting, working with regulatory reporting, assessing and monitoring risk and risk control processes, performing research and analysis with integrity and accuracy, and monitoring and evaluating problems across a broad spectrum of risk.
Job Responsibilities
  • Assess and monitor risk and controls
  • Opine on efficacy of control environment
  • Communicate opportunities for efficiency and process improvement
  • Data analytics and reporting
  • Working with various systems
  • Quality assurance and control testing
  • Credit analysis
  • Practical application of regulatory requirements
  • Opportunities for special projects will be determined based on performance and business

Rotational analyst placement areas may include: Anti-Money Laundering, Regulatory Office, Enterprise Risk, Operational Risk, Compliance, Credit Risk, Market and Treasury Risk, or Model Risk.
Anti-Money Laundering
Responsible for taking a risk-based approach to manage Anti-Money Laundering (AML)-related regulatory obligations, as well as working to ensure compliance with AML rules including transaction monitoring to identify suspicious transactions or activity.
Regulatory Office
Serves as the liaison between KeyBank and our primary regulators (OCC, FRB, FDIC, CFPB), providing guidance on how to manage regulatory exams, supporting internal logistics of working with the various regulatory agencies and managing examiner interactions.
Enterprise Risk
Responsible for examining risk in a holistic manner, learning about all aspects of risk and interacting with all risk departments, aggregating risk, developing methodologies and identifying best practices for assessing and controlling risk.
Operational Risk
Responsible for examining the risk of loss resulting from internal human error or malfeasance, failed internal processes or systems, or external events.
Compliance Risk
Responsible for examining the risk of legal or regulatory sanctions, financial loss or damage to reputation KeyBank may experience as a result of a failure to comply with applicable laws, regulations, rules, or other regulatory requirements that are imposed on the banking/financial industry.
Credit Risk
Responsible for credit approval and risk oversight of Key's credit portfolios, analyzing the risk of borrower failure to meet their contractual obligations to repay debts in accordance with agreed upon terms.
Market and Treasury Risk
Responsible for monitoring and evaluating the risks affecting Key's current or anticipated capital, income, cash flows or valuation of equity and portfolios, resulting from adverse movements in market rates or prices.
Model Risk
Responsible for ensuring Key employs approved and validated proprietary and vendor provided models that are suited for their intended purpose, properly implemented and operate as intended.
Qualifications
  • Must obtain a four-year degree by May 2027 or December 2026 with focused coursework in finance, accounting, actuarial science, economics and/or data science (preferred)
  • Outstanding academic achievement (minimum undergraduate 3.3 GPA)
  • Demonstrated leadership and teamwork from past work experience and/or extracurricular activities - relevant work or internship experience (preferred)
  • Bring solid analytical, problem solving, communication and presentation skills
  • Proficiency in Excel and PowerPoint

Compensation and Benefits
This position is eligible to earn a salary of $70k. Compensation also includes a $5,000 Sign-on Bonus.
KeyBank's Internship and Analyst positions are not eligible for employment visa sponsorship (e.g., H-1B visa). This includes, for example, situations where a candidate may have temporary work authorization while enrolled in school or upon graduation (e.g., CPT, OPT) but would need H-1B visa sponsorship within a few years of employment in order to maintain employment eligibility.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
COMPENSATION AND BENEFITS
This position is eligible to earn a salary of $70k. Compensation also includes a $5,000 Sign-on Bonus.
Please click here for a list of benefits for which this position is eligible.
Key has implemented an approach to employee workspaces which prioritizes in-office presence, while providing flexible options in circumstances where roles can be performed effectively in a mobile environment.
Job Posting Expiration Date: 08/12/2026KeyCorp is an Equal Opportunity Employer committed to sustaining an inclusive culture. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, genetic information, pregnancy, disability, veteran status or any other characteristic protected by law.
Qualified individuals with disabilities or disabled veterans who are unable or limited in their ability to apply on this site may request reasonable accommodations by emailing HR_Compliance@keybank.com.
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About KeyBank

Sourced by ZipRecruiter

Key is one of the nation's largest bank-based financial services companies. Key provides deposit, lending, cash management, insurance, and investment services to individuals and businesses in 15 states under the name KeyBank National Association through a network of more than 1,200 branches and more than 1,500 ATMs. Key also provides a broad range of sophisticated corporate and investment banking products, such as merger and acquisition advice, public and private debt and equity, syndications, and derivatives to middle market companies in selected industries throughout the United States under the KeyBanc Capital Markets trade name.

Industry

Banking and credit intermediation

Company size

10,000+ Employees

Headquarters location

Cleveland, OH, US

Year founded

1849