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Risk Associate Jobs in Edison, NJ (NOW HIRING)

In this role, the Risk Manager challenges management's assessment of internal control effectiveness by ensuring management's adherence to Control testing framework, Issue management framework ...

Morgan Stanley Services Group, Inc. is seeking an Associate, Country Risk in New York, New York to develop the data and reporting strategy for new frameworks to measure and control country risk amid ...

Morgan Stanley Services Group, Inc. is seeking an Associate, Country Risk in New York, New York to develop the data and reporting strategy for new frameworks to measure and control country risk amid ...

Associate, Capital Risk - US Level : L9 Specific business/product groups: Capital Risk & Governance (US) Location(s): Charlotte, New York, Mount Laurel Position Summary We are looking for an ...

Showing results 21-40

Risk Associate information

See Edison, NJ salary details

$9

$19

$32

How much do risk associate jobs pay per hour?

As of Aug 9, 2026, the average hourly pay for risk associate in Edison, NJ is $19.68, according to ZipRecruiter salary data. Most workers in this role earn between $15.67 and $20.91 per hour, depending on experience, location, and employer.

What are some common challenges faced by Risk Associates when working with cross-functional teams?

Risk Associates often collaborate with departments such as compliance, audit, and operations. One common challenge is aligning risk mitigation strategies with the differing priorities and perspectives of each team. Effective communication and adaptability are key, as Risk Associates must explain complex risk concepts in ways that are relevant to each stakeholder. Building strong relationships and fostering a shared understanding of risk helps ensure that policies are implemented consistently across the organization.

What is the difference between Risk Associate vs Credit Analyst?

AspectRisk AssociateCredit Analyst
Required CredentialsBachelor's degree, certifications like FRM or CRM beneficialBachelor's degree, finance or related certifications preferred
Work EnvironmentFinancial institutions, consulting firms, risk management teamsBanks, lending institutions, credit departments
Employer & Industry UsageUsed across banking, insurance, and investment firmsPrimarily in banking and lending sectors
Common Search & ComparisonOften compared for risk management rolesCompared for credit evaluation roles

The main difference between a Risk Associate and a Credit Analyst lies in their focus areas. Risk Associates primarily assess overall risk exposure and develop risk mitigation strategies, while Credit Analysts evaluate the creditworthiness of individual borrowers. Both roles require similar educational backgrounds and certifications, and they are commonly found in financial institutions. Understanding these distinctions helps job seekers identify the right career path within the finance industry.

What are the key skills and qualifications needed to thrive as a Risk Associate?

To thrive as a Risk Associate, you need strong analytical skills, attention to detail, and a background in finance, economics, or a related field—often supported by a relevant degree. Familiarity with risk assessment tools, financial modeling software, and sometimes certifications such as FRM (Financial Risk Manager) or CFA are highly valued. Excellent communication, problem-solving, and teamwork skills help you effectively identify, assess, and communicate risks across various business units. These skills ensure accurate risk evaluation, regulatory compliance, and proactive risk mitigation for organizational stability.
What job categories do people searching Risk Associate jobs in Edison, NJ look for? The top searched job categories for Risk Associate jobs in Edison, NJ are:
What cities near Edison, NJ are hiring for Risk Associate jobs? Cities near Edison, NJ with the most Risk Associate job openings:
Infographic showing various Risk Associate job openings in Edison, NJ as of August 2026, with employment types broken down into 1% As Needed, 69% Full Time, 27% Part Time, 1% Temporary, and 2% Contract. Highlights an 97% Physical, 1% Hybrid, and 2% Remote job distribution, with an average salary of $40,943 per year, or $19.7 per hour.

Risk, Market Risk, Associate, New York

Goldman Sachs, Inc.

New York, NY • On-site

Full-time

Posted 25 days ago


Goldman Sachs rating

8.3

Company rating: 8.3 out of 10

Based on 27 frontline employees who took The Breakroom Quiz

47th of 170 rated banks


Job description


Risk Division
The Risk Division, as second line of defense for the firm, identifies, anticipates, measures and mitigates - whenever appropriate - the diverse array of risks that the firm faces in serving clients and operating its global businesses. Risk professionals focus on giving the firm clarity on the risk profile of our activities and devise strategies to protect the firm's ability to serve our clients as a leader in global financial markets.
Market Risk Overview
Market Risk (MR) are part of the Risk division and are responsible for effective deployment of the firm's market risk appetite, prudent risk management and regulatory compliance for the Firm's market risks. This is achieved through the proactive application of expert knowledge, judgement and risk management capabilities including limit setting. Activities are centered on Risk management and analysis, transparency and escalation of Risk, Supervision and overall process improvement.
You will work closely with colleagues around the globe on tasks and projects that contribute directly to the firm's success. MR professionals gain diverse financial experience and a broad perspective on how the entire firm functions. The interaction with numerous departments and the range of projects that ensue allow for a challenging, varied and multi-dimensional work environment.
Responsibilities
  • Evaluate market risk taking behavior and influence outcomes through portfolio and transaction level risk analysis as well as risk limit calibration and setting
  • Understand factors and events that could lead to an impact on the financial markets, and analyze their impact on the firm's portfolios
  • Perform pro-active ad hoc stress tests ahead of notable market events
  • Ensure that issues are promptly escalated to senior management.
  • Direct the implementation of new risk measures and improvements to existing measures using knowledge of risk management and communicating directly with senior management on risk-related issues.
  • Review and challenge risk taking activities while engaging effectively with traders/bankers
  • Monitor adherence to established risk limits and ensuring that material risks are effectively communicated to senior management.
  • Maintain shared responsibility for signing off on the Market Risk approval process for new products traded by the businesses covered.
  • Operate at an intersection of risk appetite and conducting business.
  • Improve commercial impact and effective personnel performance under a robust control environment

Qualifications
  • Strong academic record in quantitative discipline, with Bachelor's/Master's degree in STEM field (Science, Technology, Engineering, Mathematics) preferred.
  • Demonstrable knowledge of core market risk principles, metrics, and financial instruments, with prior experience in Equities and Derivatives preferable. Coding skills will be a plus.
  • Ability to collaborate with people from different departments and levels of seniority
  • Ability to communicate complex information directly with senior management
  • 3-5 years' experience in the industry/a relevant role

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About Goldman Sachs

Sourced by ZipRecruiter

At Goldman Sachs, we commit our people, capital and ideas to help our clients, shareholders and the communities we serve to grow. Founded in 1869, we are a leading global investment banking, securities and investment management firm. Headquartered in New York, we maintain offices around the world. We believe who you are makes you better at what you do. We're committed to fostering and advancing diversity and inclusion in our own workplace and beyond by ensuring every individual within our firm has a number of opportunities to grow professionally and personally, from our training and development opportunities and firmwide networks to benefits, wellness and personal finance offerings and mindfulness programs.

Industry

Finance and insurance

Company size

10,000+ Employees

Headquarters location

New York, NY, US

Year founded

1869