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Financial Risk Analyst Jobs in Phoenix, AZ (NOW HIRING)

Northern Trust

Risk Treatment Specialist

Tempe, AZ · Hybrid

$108K - $185K/yr

With more than 130 years of financial experience and over 22,000 partners, we serve the world ... Produce impactful and insightful thematic analysis to support proactive risk management * Maintain ...

Servbank

AVP, Banking Risk & Controls

Phoenix, AZ · On-site

$94K - $110K/yr

... by analyzing internal testing results, regulatory guidance, and external industry trends. * Assist in developing procedures that minimize operational, regulatory, and financial risk exposure.

Servbank

AVP, Banking Risk & Controls

Phoenix, AZ · On-site

$94K - $110K/yr

... by analyzing internal testing results, regulatory guidance, and external industry trends. * Assist in developing procedures that minimize operational, regulatory, and financial risk exposure.

Prosum Inc.

CFO

Scottsdale, AZ · On-site

The CFO will oversee all aspects of the finance organization, including accounting, financial planning and analysis, budgeting, forecasting, compliance, reporting, treasury, risk management, and the ...

MUFG

Reporting Shared Services, Analyst

Tempe, AZ · Hybrid

$88K - $107K/yr

Financial risk reporting experience is a plus. * Experience with very large datasets in data analysis and reporting applications (e.g. Tableau, Workiva, Oracle, etc.) * Experience managing data ...

MUFG

Reporting Shared Services, Analyst

Tempe, AZ · Hybrid

$88K - $107K/yr

Financial risk reporting experience is a plus. * Experience with very large datasets in data analysis and reporting applications (e.g. Tableau, Workiva, Oracle, etc.) * Experience managing data ...

rogersco

Financial Analyst

Chandler, AZ

... risk identification, and gap analysis versus enterprise targets. * Monitor forecast accuracy and ... Financial Modeling & Decision Support * Build and maintain financial models for business cases ...

MUFG

Risk & Control Assessment Analyst

Tempe, AZ · Hybrid

Discover your opportunity with Mitsubishi UFJ Financial Group (MUFG), one of the world's leading ... analysis of the risk and control environment to identify significant gaps and weaknesses in ...

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Showing results 41-60

All JobsFinancial Risk Analyst JobsFinancial Risk Analyst Jobs in Phoenix, AZ

Financial Risk Analyst information

See Phoenix, AZ salary details

$38.2K

$87.5K

$117.2K

How much do financial risk analyst jobs pay per year?

As of Aug 16, 2026, the average yearly pay for financial risk analyst in Phoenix, AZ is $87,486.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,500.00 and $109,700.00 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.

What are popular job titles related to Financial Risk Analyst jobs in Phoenix, AZ?

For Financial Risk Analyst jobs in Phoenix, AZ, the most frequently searched job titles are:

What job categories do people searching Financial Risk Analyst jobs in Phoenix, AZ look for?

The top searched job categories for Financial Risk Analyst jobs in Phoenix, AZ are:

Financial Risk Analyst jobs near you
Infographic showing various Financial Risk Analyst job openings in Phoenix, AZ as of August 2026, with employment types broken down into 92% Full Time, 4% Part Time, and 4% Contract. Highlights an 92% In-person, and 8% Remote job distribution, with an average salary of $87,486 per year, or $42.1 per hour.

First Line Risk & Control Senior Analyst

Western Alliance Bancorporation

Phoenix, AZ • On-site

Full-time

Medical, Dental, Retirement

Posted 26 days ago

Job description

Job Title:
First Line Risk & Control Senior Analyst
Location:
CityScape
What you'll do:
As a First Line Risk & Control Senior Analyst you'll work as a first line of defense risk professional responsible for support and/or execution of various risk programs and business unit risk activities in adherence with the Company's risk appetite and corporate strategy. In this role you'll engage with business units in the management of risks and controls across all risk types, monitoring execution of risk policies, procedures, and program requirements. You'll effectively manage risks, and serve as an effective communication channel between the Risk Management department and business units.
  • Support the timely preparation and execution of the Risk and Control updates and refresh information through the collection of data from various sources as defined in desktop procedures. Facilitate meetings to review process understanding and process map documentation.
  • Provide effective and timely execution of projects with a sense of urgency for deliverables. Review policies and procedures to document process maps and narratives.
  • Support identification of risks and controls in processes under review including the drafting of risks and controls in line with standards. Provide assessment of control environment and determine effective risk mitigation or identify gaps.
  • Support conversations with risk subject matter experts about the context and/or severity of risk factors and/or issues including areas such as third parties, issues, regulatory, legal matters, etc.

What you'll need:
  • 4+ years of related experience in Risk Management, Regulatory Compliance, Internal Audit or similar field.
  • Bachelor's degree in related field required.
  • Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Intermediate knowledge of applicable regulatory and legal compliance obligations, rules and regulations, industry standards and practices.
  • Intermediate experience in Compliance, Operations Management, Audit, Risk Management, or related field in financial services.
  • Intermediate knowledge of and experience in documenting process maps in process mapping software.
  • Experience identifying risks and controls in processes.
  • Intermediate speaking and writing 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

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