Risk Analyst Jobs in West Lafayette, IN

A Risk Analyst in the banking industry identifies and analyses potential risks that could negatively impact the financial performance and reputation of the bank. They use their analytical skills to examine market trends, regulatory frameworks, economic data and the bank's business strategies to assess potential risks. These risks could come from diverse sources such as credit and market risk, operational risk, and regulatory risk. They produce risk reports and present their findings to the bank's management team and suggest ways to control, reduce, or prevent these risks. They also play a critical role in formulating risk management policies and processes.

For this role, a strong background in finance, economics, or statistics is usually required. Proficiency in statistical analysis software and data analysis is also critical. They should have good communication skills as they often need to present complex risk assessments to non-experts. Many employers prefer candidates with professional certifications such as the Financial Risk Manager (FRM) or the Professional Risk Manager (PRM). Before becoming a Risk Analyst, a person might have roles such as a Financial Analyst, Credit Analyst, or Data Analyst.

1-1 of 1 Jobs

Credit Analyst Intern

  • West Lafayette, IN
  • 27 days ago
  • West Lafayette, IN
  • 27 days ago

Please APPLY AT: The Credit Analyst Intern is responsible for assisting the Credit Analyst team with special projects. Special projects will include a rental analysis summary and building a...

Demographic Data for West Lafayette, IN

Moving to West Lafayette, IN? Find some basic demographic data about West Lafayette, IN below.


Local
National
73,596
857
Medium

Risk Analyst Online Courses and Training Opportunities

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Data Analyst
This eight-course Professional Certificate from IBM prepares you with job-ready skills for an entry level data analyst role. Position yourself competitively and power your data analyst career for...
Cybersecurity Analyst
Get started in the exciting field of Cybersecurity with this IBM Cybersecurity Analyst Professional Certificate! Here you will learn all the important skills you need in order to become a...
Risk & Return
Learn how to measure the risk and return of equity and debt; and compute the weighted average of cost of capital. In this course, you will learn to estimate the expected return of equity and debt....

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Salary for Risk Analyst Jobs in West Lafayette, IN

Estimated salary range based on data from US Bureau of Labor Statistics (BLS) and iHireBanking research efforts.

Licensing / Certification

Required or preferred licenses and certifications for Risk Analyst positions.



Highest Education Level

Risk Analysts in West Lafayette, IN offer the following education background
Bachelor's Degree
43.9%
Master's Degree
23.7%
High School or GED
12.1%
Associate's Degree
9.4%
Vocational Degree or Certification
7.4%
Some College
1.5%
Doctorate Degree
1.5%
Some High School
0.3%

Average Work Experience
Here's a breakdown of the number of years' experience offered by Risk Analysts in West Lafayette, IN
1-2 years
30.0%
2-4 years
25.0%
None
25.0%
4-6 years
15.0%
Less than 1 year
5.0%



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