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Junior Risk Analyst Jobs in Baltimore, MD (NOW HIRING)

HASI

Senior Manager, BTM Investments

Annapolis, MD

Coordinate with internal stakeholders across legal, risk, portfolio management, accounting, and ... Mentor and help develop junior team members, including Analysts and Associates, through day-to-day ...

HCI

Jr. Account Project Coordinator

Ellicott City, MD

$50K - $60K/yr

Excellent problem solving, strong analytical skills, and a thorough knowledge of plan designs ... mitigate risk, drive engagement, and control costs for our clients. Our employees are the ...

STV

Senior Scheduler

Owings Mills, MD · On-site

$119K - $136K/yr

Perform schedule risk analysis * Lead schedule development and review efforts for designbuild and ... Mentor junior scheduling and project controls staff Required Qualifications * Bachelor's degree in ...

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How much do junior risk analyst jobs pay per hour?

As of Aug 23, 2026, the average hourly pay for junior risk analyst in Baltimore, MD is $31.91, according to ZipRecruiter salary data. Most workers in this role earn between $22.93 and $35.10 per hour, depending on experience, location, and employer.

What is a junior risk analyst?

A Junior Risk Analyst is an entry-level professional responsible for identifying, assessing, and mitigating potential risks within an organization. They analyze financial data, market trends, and operational processes to help senior risk analysts and management make informed decisions. Key tasks include data collection, risk modeling, report preparation, and ensuring compliance with regulatory guidelines. Strong analytical skills, attention to detail, and knowledge of risk management principles are essential for success in this role.

What are the typical responsibilities of a junior risk analyst on a day-to-day basis?

As a Junior Risk Analyst, your daily tasks often include gathering and analyzing data related to market, credit, or operational risks, preparing risk reports, and assisting with the development of risk models. You may also support more senior analysts with research projects, help monitor compliance with risk policies, and participate in meetings to discuss findings and recommendations. Collaboration with other departments, such as finance, compliance, and operations, is common to ensure all relevant data is considered. This role provides hands-on experience in risk assessment processes and working as part of a broader risk management team, making it a great opportunity to learn and grow in the field.

What are the key skills and qualifications needed to thrive in the junior risk analyst position, and why are they important?

To thrive as a Junior Risk Analyst, you need strong analytical abilities, attention to detail, and a degree in finance, economics, mathematics, or a related field. Familiarity with risk management software, Excel, data analysis tools, and an understanding of regulatory frameworks such as Basel or SOX are beneficial, and certifications like FRM or CFA are advantageous. Effective communication, critical thinking, and a collaborative mindset are key soft skills for excelling in this role. These competencies enable you to accurately assess risks, contribute valuable insights, and work seamlessly within interdisciplinary teams to support organizational decision-making.

How much do risk analysts get paid?

Risk analysts typically earn a median annual salary of around $70,000 to $90,000, depending on experience, location, and industry. Entry-level positions may start lower, while experienced analysts or those with specialized skills can earn over $100,000 annually.

How to become a junior risk analyst with no experience?

To become a junior risk analyst with no experience, focus on gaining relevant skills such as data analysis, Excel, and understanding risk management concepts through online courses or certifications. Internships or entry-level positions in finance or data analysis can provide practical experience, and a bachelor's degree in finance, economics, or a related field is often required.

What are the most commonly searched types of Risk Analyst jobs in Baltimore, MD?

The most popular types of Risk Analyst jobs in Baltimore, MD are:

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For Junior Risk Analyst jobs in Baltimore, MD, the most frequently searched job titles are:

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Infographic showing various Junior Risk Analyst job openings in Baltimore, MD as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 9% Part Time, and 4% Contract. Highlights an 88% Physical, 5% Hybrid, and 7% Remote job distribution, with an average salary of $66,377 per year, or $31.9 per hour.

Program Cost Control Analyst - Level 4

Northrop Grumman Corporation

Linthicum, MD

$112K - $168K/yr

Full-time

Medical, Life, PTO

Re-posted 16 hours ago

Northrop Grumman rating

8.2

Company rating: 8.2 out of 10

Based on 364 frontline employees who took The Breakroom Quiz

85th of 544 rated manufacturers

Job description

RELOCATION ASSISTANCE: No relocation assistance availableCLEARANCE REQUIRED FOR START: YesCLEARANCE TYPE: Top SecretTRAVEL: Yes, 10% of the TimeDescriptionAt Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible. Our employees are not only part of history, they're making history.

Expand your horizons, advance your career, and contribute to a secure future for generations. Northrop Grumman's Space Sector invites you to bring your pioneering spirit to our collaborative teams. As a Program Cost Control Analyst - Level 4 located in Linthicum, MD, you'll be a linchpin in missions of paramount importance, defining the art of the possible from day one.

This requisition represents multiple existing opportunities within our Space Systems Sector Business Management organization. The Program Cost Control Analyst (PCA) will provide program planning and financial control support within one of the following three sector divisions:

  • Space Superiority Division
  • Multi Domain Operations Division
  • Intelligence Systems Division

This position will work a 9/80 schedule, with every other Friday off.

Job responsibilities include, but are not limited to, the following:

  • The PCA will interface with the program managers, functional management, cost account managers (CAMs) and business managers to provide financial support and analysis to meet program requirements. They will prepare budgets and schedules for contract work and assist in financial analyses such as funding profiles, sales outlook, cash forecasting, and variance analysis.
  • The PCA will monitor costs and schedules on contracts requiring validated cost schedule control system. This will include performing perform Earned Value Metric (EVM) tasks such as Work Breakdown Structure (WBS) development, budget baseline, cost risk analysis/ assessment and visibility reports, development, and analysis of estimates to complete.
  • The PCA will perform analysis and prepare reports in order to ensure that contracts are within negotiated and agreed-upon parameters and government cost control guidelines, including maintaining accurate records of expenditures, directing preparation of expenditure projections, and submitting timely requests for additional funding to the government.
  • The PCA will support audits and reviews as requested by programs, customers, and company management, support Annual Operating Plan, Resource Plan, and Long Range Strategic Plan activity, and prepare financial inputs to internal reports and presentations (IPRS, Dashboards, BARs, Etc.)
  • The PCA will provide technical guidance and mentorship to junior staff.
  • Other duties as assigned

Basic Qualifications:

  • Bachelor's degree with 8 years of professional experience - OR - Master's degree with 6 years of professional experience - OR - PhD with 4 years of professional experience
  • Requires an active U.S. Government Top Secret security clearance at time of application, current and within scope, with a willingness and ability to get a SCI clearance
  • Experience with Earned Value Management
  • Experience with financial systems including cost performance reporting and analysis
  • Strong PC skills - specifically Excel proficiency (including pivot tables, Vlookup, and conditional formatting)

Preferred Qualifications:

  • Degree in Finance, Accounting, or Business Administration or related field
  • Experience with COBRA, COGNOS, SAP
  • Experience in training and mentoring junior team members

Curious about all the exciting developments with the Northrop Grumman Space Sector? Click the link below:

https://www.northropgrumman.com/space

Working at Northrop Grumman is more than just a paycheck. We offer a comprehensive Total Rewards and benefits package designed to help you thrive at work and in life. For more information on our Total Rewards package, please visit our Total Rewards site.

Northrop Grumman Total Rewards

Primary Level Salary Range: $112,200.00 - $168,200.00The above salary range represents a general guideline; however, Northrop Grumman considers a number of factors when determining base salary offers such as the scope and responsibilities of the position and the candidate's experience, education, skills and current market conditions.Depending on the position, employees may be eligible for overtime, shift differential, and a discretionary bonus in addition to base pay. Annual bonuses are designed to reward individual contributions as well as allow employees to share in company results. Employees in Vice President or Director positions may be eligible for Long Term Incentives. In addition, Northrop Grumman provides a variety of benefits including health insurance coverage, life and disability insurance, savings plan, Company paid holidays and paid time off (PTO) for vacation and/or personal business.The application period for the job is estimated to be 20 days from the job posting date. However, this timeline may be shortened or extended depending on business needs and the availability of qualified candidates.Northrop Grumman is an Equal Opportunity Employer, making decisions without regard to race, color, religion, creed, sex, sexual orientation, gender identity, marital status, national origin, age, veteran status, disability, or any other protected class. For our complete EEO and pay transparency statement, please visit http://www.northropgrumman.com/EEO. U.S. Citizenship is required for all positions with a government clearance and certain other restricted positions.

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About Northrop Grumman

Sourced by ZipRecruiter

At Northrop Grumman, our employees have incredible opportunities to work on revolutionary systems that impact people's lives around the world today, and for generations to come. Our pioneering and inventive spirit has enabled us to be at the forefront of many technological advancements in our nation's history - from the first flight across the Atlantic Ocean, to stealth bombers, to landing on the moon. We look for people who have bold new ideas, courage and a pioneering spirit to join forces to invent the future, and have fun along the way. Our culture thrives on intellectual curiosity, cognitive diversity and bringing your whole self to work - and we have an insatiable drive to do what others think is impossible.

Industry

Space research administration

Company size

10,000+ Employees

Headquarters location

Falls Church, VA, US

Year founded

1939

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