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Senior Risk Analyst Jobs in Parma, OH (NOW HIRING)

Keybank

Investment Risk Officer

Brooklyn, OH · On-site

Support adhoc risk analyses in response to market events, strategy changes, or committee requests ... Builder mentality; strong judgment; ability to influence senior stakeholders; collaborative but ...

PNC Bank

Senior LOB Risk Specialist

Strongsville, OH · On-site

$90K/yr

As a Senior LOB Risk Specialist within PNC's Supply Chain organization, you will be based in ... This role is responsible for performing risk assessments, analyzing due diligence information ...

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Senior Risk Analyst information

See Parma, OH salary details

$50.8K

$104.3K

$135.3K

How much do senior risk analyst jobs pay per year?

As of Sep 3, 2026, the average yearly pay for senior risk analyst in Parma, OH is $104,274.00, according to ZipRecruiter salary data. Most workers in this role earn between $85,900.00 and $130,000.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a senior risk analyst?

To thrive as a Senior Risk Analyst, you need strong analytical skills, a solid grasp of risk assessment methodologies, and typically a degree in finance, economics, or a related field. Proficiency with risk management software, data analysis tools like Excel, and familiarity with regulatory frameworks such as Basel III or SOX is often required. Attention to detail, critical thinking, and effective communication are crucial soft skills for identifying, evaluating, and reporting risks. These competencies are vital for ensuring accurate risk identification and mitigation, supporting sound business decisions, and maintaining regulatory compliance.

How does a senior risk analyst typically collaborate with other departments to identify and mitigate risks?

Senior Risk Analysts regularly work with teams across the organization, such as compliance, finance, operations, and IT, to identify emerging risks and implement mitigation strategies. They often participate in cross-functional meetings, provide insights from data analysis, and help develop policies that address both regulatory requirements and business objectives. Building strong working relationships and communicating complex risk scenarios in an accessible way are key to ensuring coordinated risk management efforts. This collaborative approach not only helps in early detection of potential issues but also fosters a proactive risk culture within the company.

What is the difference between Senior Risk Analyst vs Risk Analyst?

AspectSenior Risk AnalystRisk Analyst
Required CredentialsBachelor's degree, often certifications like FRM or CRMBachelor's degree, some certifications like FRM or CRM
Work EnvironmentFinancial institutions, insurance companies, consulting firmsFinancial firms, corporations, government agencies
Employer & Industry UsageUsed across finance, insurance, and consulting sectorsCommon in finance, banking, and insurance industries

The main difference is that Senior Risk Analysts typically have more experience, advanced certifications, and handle more complex risk assessments. They often lead projects and mentor junior staff, whereas Risk Analysts focus on data collection, analysis, and supporting risk management processes.

Do risk analysts make good money?

Risk analysts typically earn a competitive salary that varies by industry, experience, and location. According to industry data, the median annual wage for risk analysts is around $80,000, with experienced professionals earning over $100,000. Certifications like FRM or CRM can enhance earning potential, and strong analytical skills are essential in this role.

How much does a senior risk analyst make in the US?

A senior risk analyst in the US typically earns between $80,000 and $120,000 annually, depending on experience, industry, and location. They often require strong analytical skills, knowledge of risk management tools, and relevant certifications such as FRM or CRM.

What does a senior risk analyst do?

A senior risk analyst evaluates potential risks that could impact an organization’s financial health, operations, or reputation. They analyze data, develop risk mitigation strategies, and use tools like risk assessment software to inform decision-making. This role often requires strong analytical skills, industry knowledge, and relevant certifications such as FRM or CRM.

What is the salary of a senior risk analyst?

The salary of a senior risk analyst typically ranges from $80,000 to $130,000 annually, depending on experience, industry, and location. They often require strong analytical skills and proficiency with risk management tools and software.

What cities near Parma, OH are hiring for Senior Risk Analyst jobs?

Cities near Parma, OH with the most Senior Risk Analyst job openings:

Senior Risk Analyst jobs near you
Infographic showing various Senior Risk Analyst job openings in Parma, OH as of August 2026, with employment types broken down into 1% As Needed, 85% Full Time, 12% Part Time, and 2% Contract. Highlights an 86% Physical, 5% Hybrid, and 9% Remote job distribution, with an average salary of $104,274 per year, or $50.1 per hour.

Sr. Compliance Manager - Operational Risk Testing

KeyBank

Brooklyn, OH • On-site

Full-time

Re-posted 29 days ago

KeyBank rating

8.2

Company rating: 8.2 out of 10

Based on 99 frontline employees who took The Breakroom Quiz

52nd of 174 rated banks

Job description

Location:
4910 Tiedeman Road, Brooklyn Ohio
About the Job
As part of Key's second line of defense Compliance Risk Management function, the Risk Evaluation and Assurance Program (the "REA Program") has the responsibility for evaluating Key's ongoing compliance with applicable laws and regulations and the adequacy of operational controls and processes in mitigating applicable risks through the execution of operational and compliance monitoring and testing across Key's lines of business, products, and functional activities. Individuals lead the design and execution of testing and continuous monitoring to evaluate the adequacy of Key's operations and compliance with regulatory requirements. Individuals work both autonomously on assignments and in collaboration with other members of REA team on projects and testing. The Senior Manager must have a strong understanding of audit and/or testing concepts and apply those to testing, monitoring, issues management, and verification activities. The Senior Manager must exhibit strong leadership, initiative, and agility as well as a passion for continuous learning and challenging the status quo. The ideal candidate will have experience managing a team of testing, compliance, or operational risk professionals, a strong knowledge of banking operations and products, and be skilled at developing, executing, and overseeing testing and monitoring activities. This role requires the ability to demonstrate leadership across various lines of business and proactively and productively coordinate with other groups within Key including the lines of business, other risk management teams and internal audit.
Essential Job Functions
  • Lead and manage a team of operational risk testing professionals and provide oversight of the risk-based monitoring and evaluation activities, including risk assessment, monitoring and testing, analysis of findings, and reporting to ensure effective, sustainable risk management processes exist.
  • Provide oversight, guidance, and strategic direction to staff related to day-to-day responsibilities and engagement of line of business management and compliance partners in designing and executing testing, special projects, and ongoing monitoring.
  • Demonstrate subject matter expertise in the testing and working knowledge of banking operations, industry trends, emerging issues, and related banking products and ability to understand its applicability to risk management strategies including the scoping of risk evaluations, monitoring, and design of testing plans.
  • Utilize knowledge of data analysis tools and techniques to lead a team of compliance testing professionals in analyzing, quantifying, and/or assessing risks and to evaluate controls to identify potential weaknesses and/or control gaps.
  • Assist REA Executive with the ongoing design, development, and implementation of the REA operational risk testing program including the testing plan, testing methodology, ongoing monitoring, and strategic initiatives to provide assurance that the Bank's policies, procedures, and processes are adequately designed and executed to effectively mitigate operational risks and consistent with industry best practices.
  • Responsible for managing staff, providing ongoing coaching, and driving quality of work for the team while ensuring any issues or material breaches of applicable laws, rules, policies or standards with an actual or potential compliance risk impact are appropriately identified, escalated, remediated, and validated.
  • Maintain awareness of emerging issues, bank-wide initiatives, and industry trends to be forward thinking and innovative in executing testing engagements and ongoing monitoring to identify process and control improvement opportunities.
  • Develop and maintain strong, collaborative relationships with mid to senior level management, other internal clients and peers, Internal Audit, industry peers, and regulatory examiners.
  • Participate in special projects as assigned and assist in the development and on-going enhancement of the REA Program and operational risk testing related procedures.
  • Actively identify and pursue training or continuing education opportunities to further develop overall knowledge of regulatory compliance, banking products and services, industry trends, and emerging risks.

Required Qualifications
  • Education/Background: Bachelor's degree.
  • Minimum 6 years of compliance, risk management, and/or audit experience with a strong focus on risks and controls and risk-based auditing and/or testing techniques; management experience preferred.
  • Advanced working knowledge of financial services compliance and operations including the related rules and regulations of the financial services industry to include: OCC, FRB, State Law, and other pertinent regulations.
  • Demonstrated skill in effectively communicating (verbal and written) results to a diverse audience; ability to work with all levels of management with a focus on collaboration and relationship management.
  • Experience with data analysis tools and techniques including advanced concepts of Microsoft Word, Excel, and PowerPoint and/or other analytical software (e.g. - SAS, Tableau, ACL, etc.).
  • Strong interpersonal skills; ability to work well in a team environment.
  • High ethical standards, strong critical thinking, detective, analytical, and problem-solving skills.
  • Autonomous, self-motivated, and flexible with the ability to adapt quickly to change or shifting priorities in a fast-paced environment.
  • Experience working on projects or initiatives requiring strategic planning/thinking across multiple functional areas and business processes.

Preferred Qualifications
  • Currently maintains relevant professional and/or industry sponsored certifications in risk management, internal audit, and/or compliance (e.g. - Certified Information Systems Auditor (CISA), Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Certified Regulatory Compliance Manager (CRCM), etc.).
  • Comprehensive knowledge of the operational, technical, and functional structure of financial services organizations, banking systems, and risk programs.

COMPENSATION AND BENEFITS
This position is eligible to earn a base salary in the range of $112,000.00 - $210,000.00 annually. Placement within the pay range may differ based upon various factors, including but not limited to skills, experience and geographic location. Compensation for this role also includes eligibility for incentive compensation which may include production, commission, and/or discretionary incentives.
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: 09/10/2026KeyCorp 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

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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

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