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Senior Risk Analyst Jobs in Port Deposit, MD (NOW HIRING)

Prepare and present reports on model risk to senior management and regulatory bodies. The above ... Strong knowledge of quantitative analysis, statistical techniques, and risk assessment ...

Position Summary The Manager, Model Risk is a senior individual contributor responsible for ... Perform quantitative analysis and testing using relevant statistical techniques and programming ...

Cost Analyst, Senior

Edgewood, MD · On-site

$130K - $160K/yr

The Senior Cost Analyst position will include, but not be limited to, the following capabilities ... Proficiency with uncertainty/risk software packages. * Knowledge of the Government Acquisition ...

Sr Budget Analyst

Aberdeen, MD · On-site

$82K - $108K/yr

Zantech is looking for a talented Sr Budget Analyst to provide Financial Management Support, MICP ... Risk Management and Internal Controls (RMIC) * DoD Audit Readiness initiatives * Proven competence ...

Sr Budget Analyst

Aberdeen Proving Ground, MD · On-site

$81K - $107K/yr

Zantech is looking for a talented Sr Budget Analyst to provide Financial Management Support, MICP ... Risk Management and Internal Controls (RMIC) * DoD Audit Readiness initiatives * Proven competence ...

Sr Budget Analyst

Aberdeen Proving Ground, MD · On-site

$81K - $107K/yr

Zantech is looking for a talented Sr Budget Analyst to provide Financial Management Support, MICP ... Risk Management and Internal Controls (RMIC) * DoD Audit Readiness initiatives * Proven competence ...

Cost Analyst

Aberdeen Proving Ground, MD · On-site

$66K - $157K/yr

Serve as a senior cost analyst responsible for adhering to cost regulations, analyzing, and ... Risk Analysis, Cost Estimates) by applying new analytical techniques or adapting existing ...

Cost Analyst

Aberdeen Proving Ground, MD · On-site

$66K - $157K/yr

Serve as a senior cost analyst responsible for adhering to cost regulations, analyzing, and ... Risk Analysis, Cost Estimates) by applying new analytical techniques or adapting existing ...

Serve as a senior cost analyst responsible for adhering to cost regulations, analyzing, and ... Risk Analysis, Cost Estimates) by applying new analytical techniques or adapting existing ...

Showing results 21-40

Senior Risk Analyst information

See Port Deposit, MD salary details

$52.4K

$107.6K

$139.5K

How much do senior risk analyst jobs pay per year?

As of Sep 2, 2026, the average yearly pay for senior risk analyst in Port Deposit, MD is $107,559.00, according to ZipRecruiter salary data. Most workers in this role earn between $88,600.00 and $134,100.00 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 Port Deposit, MD are hiring for Senior Risk Analyst jobs?

Cities near Port Deposit, MD with the most Senior Risk Analyst job openings:

Infographic showing various Senior Risk Analyst job openings in Port Deposit, MD as of June 2026, with employment types broken down into 3% As Needed, 81% Full Time, 6% Part Time, 2% Temporary, and 8% Contract. Highlights an 81% Physical, 7% Hybrid, and 12% Remote job distribution, with an average salary of $107,559 per year, or $51.7 per hour.

Manager, Model Risk

Sallie Mae

Newark, DE • On-site

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Re-posted 26 days ago


Sallie Mae rating

7.6

Company rating: 7.6 out of 10

Based on 7 frontline employees who took The Breakroom Quiz


Job description

When you join Sallie Mae, you become a champion for all students.
We're on a mission to power confidence as students begin their unique journey. To help them plan their higher education, successfully finish, and prepare for life after school. To help them Start smart. Learn big.
Students need guidance navigating this important time in their life. They need someone who acknowledges that their education path is unique. They need a partner willing to evolve and not only meet but surpass their expectations. We're changing. Because students need a better way.
We're looking for people who are excited to drive this transformation. To break barriers and think of new ways to adapt, help, and create better experiences for students-and for each other.
This is where diverse backgrounds, beliefs, and perspectives matter. It's where you're empowered to bring your authentic self to work.
Feeling your best allows you to do your best. Our benefits take care of the whole you-from physical and mental to financial and professional. You'll get opportunities to further your education and career, support for you and your family (including your pets!), paid time off to volunteer for the things that matter to you, and more.
We're obsessed with impact and making a real difference. For us, that means putting relationships first, asking "why not?" when tackling challenges, and continuously learning new skills.
Come do more than join something, change something. For students, for future generations, for the future of education.
What You'll Contribute
The Manager, Model Risk will be responsible for ensuring the accuracy, integrity, and compliance of our organization's financial models and risk assessment tools.
What You'll Do
  • May manage a Model Risk team and provide guidance, support, and mentorship to team members.
  • Implement a comprehensive model risk management framework, policies, and procedures to ensure compliance with regulatory requirements and industry best practices.
  • Oversee the validation and testing of financial models, including model development, data analysis, calibration, and documentation.
  • Assess and evaluate the effectiveness and limitations of existing models and identify areas for improvement.
  • Collaborate with cross-functional teams to understand business needs and requirements and ensure that models align with organizational objectives.
  • Conduct periodic model risk assessments, including model governance, validation, and ongoing monitoring, to identify and mitigate potential risks.
  • Prepare and present reports on model risk to senior management and regulatory bodies.

The above information is intended to describe the general nature and level of work performed by employees assigned to this job; it is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities and qualifications required of employees in this role.
What you have
Minimum: Indicate minimum education, skills and experience required.
  • Strong knowledge of quantitative analysis, statistical techniques, and risk assessment methodologies.
  • Familiarity with regulatory requirements and the ability to interpret and implement them.
  • Proficiency in programming languages such as Python or R, along with experience working with statistical packages.
  • Excellent analytical and problem-solving skills, with the ability to evaluate complex financial models and identify potential risks.
  • Strong leadership and team management abilities, with a track record of effectively leading and developing teams.
  • Exceptional written and verbal communication skills, with the ability to present complex information in a clear and concise manner.

Preferred: Indicate "nice to haves" regarding education, skills, and experience.
  • Bachelor's degree in finance, mathematics, statistics, economics, or a related field.
  • 5 years of experience in model risk management, financial modeling, or a related field within the financial services industry.

The Americans with Disabilities Act
The Americans with Disabilities Act of 1990 (ADA) prohibits discrimination by employers, in compensation and employment opportunities, against qualified individuals with disabilities who, with or without reasonable accommodation, can perform the "essential functions" of a job. A function may be essential for any of several reasons, including: the job exists to perform that function, the employee holding the job was hired for his/her expertise in performing the function, or only a limited number of employees are available to perform that function.
Feeling your best helps you do your best:
Our benefits take care of the whole you-so you can build your work around your life (not the other way around!).
  • Competitive base salaries
  • Bonus incentives
  • Generous PTO, Floating Holidays and 12 Federal Holidays observed
  • Support for financial-well-being and retirement 401k with employer match
  • Comprehensive medical, dental, vision, hospital indemnity, critical illness, pet insurance and more
  • Employer paid short-term/long-term disability and basic life insurance
  • Flexible hybrid working arrangements.
  • Paid parental leave and adoption reimbursement programs
  • Free access to on-site staffed fitness centers (in Delaware) and gym subsidy (for locations outside Delaware)
  • Confidential counseling support (EAP), Health Advocacy services and Wellness program with financial incentives
  • Tuition Reimbursement and Family Scholarship Programs
  • Career development and training opportunities

Not the right fit? Let us know you're interested in a future opportunity by clicking Introduce Yourself in the top-right corner of the page or create an account to set up email alerts as new job postings become available that meet your interest!
Sallie Mae is proud to be an equal opportunity (EEO) employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, gender, sexual orientation, national origin, age, genetic information, gender identity, disability, Veteran status or any other characteristic protected by federal, state or local law. Click here to view the U.S. Pay Transparency Policy, here for federal job applicant notices, and here to view the California Employee Privacy Notice.
Reasonable accommodations are available for applicants with disabilities in all phases of the application and employment process. To request an accommodation please call (855) 756-2007 and choose option 9. All information you provide will be kept confidential and will be used only to the extent required to provide needed reasonable accommodations.

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