Risk Management Analyst Job Overview
Discover everything you need to know about becoming a Risk Management Analyst. Learn about responsibilities, requirements, salary expectations, and career growth opportunities.
Average Salary
$92k - $138k
Job Growth
16%
Education
Varies
Work Hours
Full-time
A Risk Management Analyst is a vital role in the finance industry. This position involves a combination of technical expertise, problem-solving skills, and effective communication.Risk Management Analysts play a crucial role in ensuring organizational success through their specialized knowledge and contributions.
The ideal candidate for this Risk Management Analyst position should be detail-oriented, adaptable, and committed to continuous learning. This role offers opportunities for career advancement and skill development in a dynamic professional environment.
As a Risk Management Analyst, your primary responsibilities include:
- Collaborate with team members to achieve Risk Management Analyst objectives
- Maintain accurate records and documentation related to Risk Management Analyst activities
- Stay current with industry trends and best practices in Risk Management Analyst
- Communicate effectively with stakeholders and team members
- Prepare financial reports and analyses
- Monitor budgets and financial performance
- Ensure compliance with financial regulations
- Conduct financial forecasting and planning
- Manage financial risks and opportunities
Education:
Bachelor's degree in Finance, Accounting, or Business Administration
Required Skills & Experience:
- Strong communication and interpersonal skills
- Excellent problem-solving and critical thinking abilities
- Proficiency with industry-standard software and tools
- Ability to work independently and as part of a team
- Strong organizational and time management skills
- Strong analytical and mathematical skills
- Proficiency in financial software and Excel
- Knowledge of financial regulations and compliance
- Attention to detail and accuracy
- Professional certification (CPA, CFA, etc.) often preferred
Preferred Qualifications:
- Advanced certifications or specialized training
- 2-5 years of relevant experience
- Strong portfolio of relevant work (where applicable)
The average salary for a Risk Management Analyst ranges from $92k - $138k depending on experience, location, and employer. Factors such as specialized skills, certifications, and industry demand can significantly impact compensation.
Typical Benefits Include:
- Health, dental, and vision insurance
- Retirement savings plans (401k matching)
- Paid time off and holidays
- Professional development opportunities
- Flexible work arrangements (remote/hybrid options)
Finance roles are typically office-based in corporate settings. The work is deadline-driven, particularly around month-end, quarter-end, and year-end reporting periods. Long hours may be required during busy periods.
Entry-Level Positions:
Junior Risk Management Analyst • Risk Management Analyst Assistant • Associate Risk Management Analyst • Entry-level Risk Management Analyst
Mid-Level Positions:
Risk Management Analyst • Senior Risk Management Analyst • Lead Risk Management Analyst • Risk Management Analyst II
Senior-Level Positions:
Principal Risk Management Analyst • Risk Management Analyst Manager • Risk Management Analyst Director • VP of Risk • Chief Risk Officer
Job Outlook: The Risk Management Analyst field is projected to grow by 16% over the next decade, which is much faster the average for all occupations. This growth indicates strong demand and promising career opportunities for qualified professionals.
Risk Analyst, Enterprise Risk Manager
✓ This role may be ideal if you:
- Enjoy solving complex problems and challenges
- Thrive in collaborative team environments
- Are committed to continuous learning and skill development
- Have strong attention to detail and quality
✗ This role might not be ideal if you:
- Prefer working alone without collaboration
- Dislike adapting to new technologies and methods
- Are uncomfortable with deadlines and pressure
Join us as we build the future of skills-based hiring
One platform. Two broken systems solved. Built for better outcomes.
Get ready to stop wasting time on hiring that doesn’t work.
Picture this:
Next Monday, you post a job.
By Wednesday, you have ranked candidates who’ve proven they can do the work.
By Friday, you’re making an offer you trust — because data backs your decision.
That’s Hirenest.
No credit card • No setup friction • Just better hiring
Support
Got Questions? We've Got Answers!
Connect with opportunities and talent through validated skills and AI-powered matching.