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Senior Risk Analyst Jobs in Spencer, MA (NOW HIRING)

Optos PLC

Senior Buyer

Southborough, MA · On-site

$95 - $110/hr

The Senior Buyer is responsible for the full purchasing and supplier management lifecycle across ... cost / risk analysis. * Proven experience owning supplier relationships, driving performance ...

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Apex Systems

Senior Security Analyst

Woonsocket, RI · On-site

$92K - $120K/yr

Job#: 3043897 Senior Security Analyst Location: REMOTE Role Overview We are seeking a Senior ... Facilitate discussions between compliance, risk, technical, and business teams to keep remediation ...

DPS Group

Senior Scheduler

Framingham, MA · On-site

The Senior Scheduler will work closely with Project Management and Field staff to create and maintain schedules; perform risk analysis and mitigation; and to support project teams in executing ...

Cape Cod Five

Senior Credit Analyst

Leominster, MA · On-site

$31.01 - $41.10/hr

Provides independent input in the process of risk rating commercial borrowers * Mentors and assists the training of less experienced credit analysts and commercial lending trainees in statement ...

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All JobsRisk Analyst JobsSenior Risk Analyst JobsSenior Risk Analyst Jobs in Spencer, MA

Senior Risk Analyst information

See Spencer, MA salary details

$55.2K

$113.3K

$147K

How much do senior risk analyst jobs pay per year?

As of Aug 20, 2026, the average yearly pay for senior risk analyst in Spencer, MA is $113,316.00, according to ZipRecruiter salary data. Most workers in this role earn between $93,400.00 and $141,300.00 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 Spencer, MA are hiring for Senior Risk Analyst jobs?

Cities near Spencer, MA with the most Senior Risk Analyst job openings:

Senior Risk Analyst jobs near you
Infographic showing various Senior Risk Analyst job openings in Spencer, MA as of August 2026, with employment types broken down into 1% As Needed, 86% Full Time, 11% Part Time, and 2% Contract. Highlights an 87% Physical, 5% Hybrid, and 8% Remote job distribution, with an average salary of $113,316 per year, or $54.5 per hour.

Senior Fraud Analyst (Hybrid)

First Technology Federal Credit Union

Marlborough, MA • Hybrid

$93K - $111K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 22 days ago

Job description

Description

The Sr. Fraud Data Analyst will work with Fraud & BSA management as well as Information Systems Data Analysis team to help unlock the power of our data and convert it into actionable insights.  Must be able to source and package complex data from multiple disparate systems, translating it into key insights with minimal assistance between analyzing the data and interpreting/communicating the results.  

Here’s what you can expect from the job and what you need to be successful:

What You’ll Do :

  • Utilizing system insights, be able to anticipate or quickly react to changing fraud schemes by adjusting rules or other parameters
  • Ability to write, test, and publish fraud detection rules on a cross platform basis leveraging identified fraud trends to help minimize member’s exposure
  • Serve as a liaison to user communities and SME groups for key financial crime vendor platforms
  • Gather and analyze data in support of business cases and proposed projects 
  • Provide scheduled and ad hoc statistical analysis and summary reporting to management 
  • Serve as team SME assigned to projects where Fraud & BSA are determined to be key stakeholders  
  • Create and maintain business intelligence reports and delivery systems and create, maintain, and    enhance regular reporting deliverables  
  • Proatively analyze data from a variety of sources to inform decision making  
  • Scrub data to ensure accuracy of reporting  
  • Quickly and accurately deliver analysis, constantly exceeding customer expectations.  
  • Develop insight to data, review findings with business partners, and provide superb customer service through clear and concise communications as well as complete documentation
  • Present key findings and recommendations to Risk Management leadership and to DCU senior management when appropriate 
  • Mentor and develop technical skills and accumen of other Fraud & BSA team members as directed by management        

Essential Skills:

  • Bachelor's Degree in Information Systems, Computer Science, or related field  
  • Minimum of 3 years of professional data analysis experience
  • Some exposure to fraud detection or financial crime platforms preferred 
  • Familiarity with Machine Learning and Articial Intelligence (ML/AI) concepts is a plus  
  • Knowledge of advanced SQL, query optimization and stored procedures
  • Strong data analysis & business skills  
  • Knowledge of data visualization and predictive analytics tools (PowerBI, Tableau)  
  • Knowledge of Microsoft tools (SSIA, SSAS, SSRS)  
  • Knowledge of analytic approaches and methods (reporting, modeling, optimization)  

Location: Marlborough, MA | Chelmsford, MA 

Target Compensation: $93,000 - $111,000

Schedule: Monday through Friday 8a-5p


Who We Are:
What makes First Tech different? Click here to learn more!
Every great journey begins with a bold idea—and ours is no different. First Tech and DCU were founded on the belief that financial solutions should put people first. That belief has fueled decades of innovation and service, rooted in the tech sector and expanding to support members from all walks of life.
Employees are eligible for:
• Traditional medical, dental, and vision coverage
• Generous 401(k) match
• Paid Time Off: You'll accrue up to 15 days in your first year. In addition, you'll receive 40 hours of sick time and 3 personal days, which refresh annually
• Paid federal holidays
• Special employee pricing on lending products such as mortgage, auto, and personal loans (eligibility subject to standard account requirements and underwriting criteria)
Employment Statements:
First Tech is an equal opportunity employer, and we value diversity, inclusion, and equity at our company. We evaluate qualified applicants without regard to race, color, religion, age, sex, sexual orientation, gender identity, national origin, disability, veteran status, and other legally protected characteristics.
If you're applying for a job and need a reasonable accommodation for any part of the employment process, please send an email to recruiters@firsttechfed.com and let us know the nature of your request and contact information. Please note that only those inquiries concerning a request for reasonable accommodation will be responded to from this email address.
First Tech is not currently offering Visa transfer/sponsorship for this position.

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