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Financial Risk Analyst Jobs in Columbus, OH (NOW HIRING)

Segment Risk Specialist Sr

Columbus, OH ยท On-site +1

$57K - $113K/yr

This role provides expert risk oversight through transaction monitoring, data analysis, and escalation of highrisk merchants to protect the organization from financial and reputational exposure. The ...

Segment Risk Specialist Sr

Columbus, OH ยท On-site +1

$57K - $113K/yr

This role provides expert risk oversight through transaction monitoring, data analysis, and escalation of highโ€‘risk merchants to protect the organization from financial and reputational exposure.

Production and analysis of daily market and counterparty risk reports, including risk factor and ... regulated financial institution Ability to communicate effectively Exempt Status: (Yes = not ...

Production and analysis of daily market and counterparty risk reports, including risk factor and ... Experience in a regulated financial institution * Ability to communicate effectively Exempt Status ...

Production and analysis of daily market and counterparty risk reports, including risk factor and ... Experience in a regulated financial institution * Ability to communicate effectively Exempt Status ...

Manage personal and departmental workload/workflow Prepare analysis and reports for partners and ... Financial Risk Manager (FRM) Certification from GARP or pursuit thereof Northwest is an equal ...

We are looking for a Reinsurance Analyst to support financial reporting, risk analysis, and ... reinsurance operations. In this role, you will play a key part in ensuring the accuracy of ...

We are looking for a Reinsurance Analyst to support financial reporting, risk analysis, and ... reinsurance operations. In this role, you will play a key part in ensuring the accuracy of ...

Senior Reinsurance Analyst

Westerville, OH ยท On-site

$82K - $102K/yr

Our teams work collaboratively across operations, technology, risk, finance, marketing, and sales ... We are looking for a Senior Reinsurance Analyst to serve as a strategic partner within APCO's risk ...

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Financial Risk Analyst information

See Columbus, OH salary details

$37.2K

$85.1K

$114K

How much do financial risk analyst jobs pay per year?

As of Jun 9, 2026, the average yearly pay for financial risk analyst in Columbus, OH is $85,106.00, according to ZipRecruiter salary data. Most workers in this role earn between $67,600.00 and $106,700.00 per year, depending on experience, location, and employer.

What are the key skills and qualifications needed to thrive as a Financial Risk Analyst, and why are they important?

To thrive as a Financial Risk Analyst, you need strong analytical skills, a solid understanding of finance and statistics, and typically a bachelor's degree in finance, economics, or a related field. Familiarity with risk modeling tools, financial software like Excel, MATLAB, or Python, and certifications such as FRM or CFA are highly valued. Attention to detail, problem-solving abilities, and effective communication help analysts present complex risk findings clearly and work well in teams. These competencies are essential for accurately assessing potential risks, supporting sound decision-making, and safeguarding an organization's financial stability.

What are some common challenges faced by Financial Risk Analysts in their daily work, and how can they be addressed?

Financial Risk Analysts often deal with rapidly changing market conditions and large volumes of complex data, which can make accurate risk assessment challenging. Staying updated with regulatory changes and effectively communicating risk findings to stakeholders with varying levels of financial knowledge are also frequent hurdles. To address these challenges, analysts typically use advanced risk modeling tools, participate in ongoing training, and collaborate closely with other departments such as compliance and trading. Building strong analytical and communication skills is key to navigating these demands successfully.

What is the difference between Financial Risk Analyst vs Credit Analyst?

AspectFinancial Risk AnalystCredit Analyst
Required CredentialsBachelor's degree in finance, economics, or related field; certifications like FRM or CFABachelor's degree in finance, economics, or related field; certifications like CFA often preferred
Work EnvironmentFinancial institutions, investment firms, corporate finance departmentsBanks, lending institutions, credit agencies
Employer & Industry UsageUsed across finance sectors to assess risk levels of investments and portfoliosPrimarily used by banks and lenders to evaluate creditworthiness of borrowers

While both roles involve financial analysis, a Financial Risk Analyst focuses on assessing overall financial risks across investments and portfolios, whereas a Credit Analyst specializes in evaluating the creditworthiness of individual borrowers. Both roles require similar credentials and often work within the finance industry, but their specific focus areas differ.

What does a Financial Risk Analyst do?

A Financial Risk Analyst identifies and assesses potential risks that could affect a company's financial health, such as market fluctuations, credit issues, or operational losses. They use quantitative techniques, financial modeling, and data analysis to forecast potential risks and recommend strategies to mitigate them. Their work helps organizations make informed investment decisions, comply with regulations, and protect assets. Financial Risk Analysts often work in banks, investment firms, insurance companies, and corporate finance departments.
What are popular job titles related to Financial Risk Analyst jobs in Columbus, OH? For Financial Risk Analyst jobs in Columbus, OH, the most frequently searched job titles are:
What job categories do people searching Financial Risk Analyst jobs in Columbus, OH look for? The top searched job categories for Financial Risk Analyst jobs in Columbus, OH are:
What cities near Columbus, OH are hiring for Financial Risk Analyst jobs? Cities near Columbus, OH with the most Financial Risk Analyst job openings:
Infographic showing various Financial Risk Analyst job openings in Columbus, OH as of May 2026, with employment types broken down into 1% As Needed, 70% Full Time, 27% Part Time, and 2% Contract. Highlights an 91% Physical, 2% Hybrid, and 7% Remote job distribution, with an average salary of $85,106 per year, or $40.9 per hour.
First Line Risk & Control Testing Senior Analyst

First Line Risk & Control Testing Senior Analyst

Western Alliance Bank

Columbus, OH โ€ข On-site

Full-time

Medical, Dental, Retirement

Posted 26 days ago


Job description

Job Title:

First Line Risk & Control Testing Senior Analyst

Location:

OH - Columbus

What you'll do:

This role is a first line of defense risk professional responsible for support and/or execution of various risk programs and Business Unit (BU) risk activities in adherence with the Company's Risk Appetite and Corporate Strategy. This role is responsible for engaging with the BU in management of risks and controls across all risk types, monitoring execution of risk policies, procedures and/or program requirements, to effectively manage risks, and serving as an effective communication channel between the Risk Management Department and business units.
  • Leads the execution of objective testing in support of Risk and Control Self-Assessments.
  • Plan testing and reviews. Apply risk analysis principles, determine the scope, including focus, objectives, and rationale, and update the scope as needed.
  • Develop testing strategies, including procedures and selection of samples, sample size, and rationale. Perform testing and reviews according to the testing plan.
  • Evaluate controls, identifying risks appropriately.
  • Revise review programs as needed to accomplish objectives.
  • Conduct and manage documentation of the review process.
  • Prepare working papers, ensure that documentation appropriately supports the testing conclusions, and document process flows and describe major processes within the area being reviewed.
  • Analyze the results of testing and review activities.
  • Analyze exceptions and make recommendations to enhance internal controls and/or increase the efficiency of operations.
  • Ensure that testing is accurate, complete, and in accordance with standards and protocols.
  • Provide consulting services for first line of defense on risk and control issues.
  • May assist the first line of defense in implementation of new / improved processes, and controls.
  • Effectively communicate concepts, processes, and results; effectively transmit, receive, and accurately interpret ideas, information, and needs through the application of appropriate communication behaviors.

What you'll need:

  • 4+ years of related experience in Accounting, Regulatory Compliance, Internal Audit or similar field.
  • Bachelor's degree in related field required.
  • Intermediate knowledge of general banking operations, including deposit operations, loan administration, treasury management and/or other commercial banking products and services.
  • Intermediate experience in Compliance, Operations Management, Audit, Risk Management, or related fieldin financial services.
  • Intermediate knowledge of and experience in documenting process maps in process mapping software.
  • Experience identifying risks and controls in processes.

Benefits you'll love:
We offer all the important things you'd want - like competitive salaries, an ownership stake in the company, medical and dental insurance, time off, a great 401k matching program, tuition assistance program, an employee volunteer program, and a wellness program. In addition, you'll have the opportunity to bolster your business knowledge, learning the ins and outs of how successful companies operate and manage their finances, giving you invaluable hands-on experience to help grow your career!

About the company:

Western Alliance Bank, Member FDIC, is a wholly owned subsidiary of Western Alliance Bancorporation. Serving clients nationwide, Western Alliance Bank includes six legacy bank brands - Alliance Association Bank, Alliance Bank of Arizona, Bank of Nevada, Bridge Bank, First Independent Bank and Torrey Pines Bank - that remain part of the company's heritage, as well as AmeriHome Mortgage, a Western Alliance Bank Company.

Western Alliance Bancorporation is committed to equal employment and will consider all qualified applicants without regard to race, sex, color, religion, age, nation origin, marital status, disability, protected veteran status, sexual orientation, gender identity or genetic information. Western Alliance Bancorporation is committed to working with and providing reasonable accommodations for individuals with disabilities. If you are an individual with a disability and require a reasonable accommodation to complete any part of the application process and/or need an alternative method of applying, please email HR@westernalliancebank.com or call 602-386-2488. When contacting us, please provide your contact information and state the nature of your accessibility issue. We will only respond to inquiries concerning requests that involve a reasonable accommodation in the application process.

Western Alliance Bancorporation