Risk Analyst Jobs in Massachusetts

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.

1-15 of 25 Jobs

The Senior Financial Crime Risk Analyst - New Business Initiatives and Emerging Risks will support FCRM oversight of new business initiatives, emerging risks, and related projects....

Principal Credit Risk Analyst

  • Holyoke, MA
  • 6 days ago
  • Holyoke, MA
  • 6 days ago

ISO New England, therefore, seeks a talented Principal Credit Risk Analyst to join the Market and Credit Risk Department....

Cyber Risk Analyst, Assistant Vice President

  • Quincy, MA
  • 6 days ago
  • Quincy, MA
  • 6 days ago

General Roles and Responsibilities As Cyber Risk Analyst, Assistant Vice President, you will We are seeking a skilled and motivated Identity and Access Management (IAM) Risk Analyst to join our Enterprise...

Credit Research Analyst

  • Boston, MA
  • 11 days ago
  • Boston, MA
  • 11 days ago

The Credit Research Analyst will be responsible for analytically supporting senior analysts in conducting industry and corporate credit analysis....

Sr. Analyst, Risk Management - Market Risk (Remote Consideration)

  • Boston, MA
  • 12 days ago
  • Boston, MA
  • 12 days ago

Alternate Locations: Radnor, PA (Pennsylvania); Charlotte, NC (North Carolina); Fort Wayne, IN (Indiana); Greensboro, NC (North Carolina); Hartford, CT (Connecticut); Omaha, NE (Nebraska); Work...

Remote Work

SBA Credit Analyst

  • Boston, MA
  • 12 days ago
  • Boston, MA
  • 12 days ago

underwriting knowledge and experience Strong credit analysis and analytical skills - focus in SBA Thorough knowledge of credit analysis, credit administration, credit policy and procedures, and risk...

Front Office Credit Risk Analyst, Senior Associate

  • Boston, MA
  • 13 days ago
  • Boston, MA
  • 13 days ago

What you will be responsible for As Front Office Credit Risk Analyst, Senior Associate you will Key Responsibilities: Facilitate FX trading through prompt investigation and resolution, on a case-by-case...

SBA Credit Analyst 5 & 6 (PMG)

  • Boston, MA
  • 13 days ago
  • Boston, MA
  • 13 days ago

analysis and analytical skills In-depth knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis Background in economics, accounting, and/or finance Effective...

Commercial Credit Analyst

  • Boston, MA
  • 14 days ago
  • Boston, MA
  • 14 days ago

Our Wealth Management team pairs holistic wealth solutions, including tailored lending, with commercial banking services, helping our clients achieve their financial goals....

SBA Credit Analyst 4 (PMG)

  • Boston, MA
  • 14 days ago
  • Boston, MA
  • 14 days ago

analysis and analytical skills Thorough knowledge of credit analysis, credit administration, credit policy and procedures, and risk analysis Background in economics, accounting, and/or finance Effective...

Compliance Risk Analyst - Junior

  • Framingham, MA
  • 19 days ago
  • Framingham, MA
  • 19 days ago

Compliance Risk Analyst - Junior Framingham, MA 01701 Posted: 01/29/2025 Employment Type: Contract Job Category: Administrative Job Number: 628724 Country: United States Is job remote?...

The risk analyst will assist our senior risk managers to enhance our risk management process....

Credit and Collections Specialist

  • Wilmington, MA
  • 28 days ago
  • Wilmington, MA
  • 28 days ago

JOB SUMMARY Administers established credit policies and standards, collects accounts receivable through telephone contact and correspondence, prepares analysis of customer accounts, resolves...

Risk Compliance Analyst Massbay Community College

  • Ashland, MA
  • 29 days ago
  • Ashland, MA
  • 29 days ago

Risk Compliance Analyst Department: VP Finance Location: Hybrid - remote & on-site MassBay fosters educational excellence and academic success to prepare students for local and global citizenship,...

Senior IT Risk & Compliance Analyst - Remote Available

  • Framingham, MA
  • 30+ days ago
  • Framingham, MA
  • 30+ days ago

Discovery is at the heart of everything we do. Wherever you find us around the world, if you can think of a product, you can probably find it in our stores, which include TJ Maxx, Marshalls,...

Remote Work

Demographic Data for Massachusetts

Moving to Massachusetts? Find some basic demographic data about Massachusetts below.


Local
National
7,029,832
179,192

Risk Analyst Online Courses and Training Opportunities

iHireBanking curates thousands of courses in order to recommend the best ones to help further your career. If you register for a course using the links on our site, we may receive a small commission.
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 Management
Gain a solid foundation in risk management by learning risk assessment, analysis, and management techniques from Wall Street professionals. Taught by instructors with decades of experience on Wall...

Title Synonyms

Users interested in this job title also searched for the following job title


Salary for Risk Analyst Jobs in Massachusetts

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 Massachusetts 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 Massachusetts
1-2 years
30.0%
2-4 years
25.0%
None
25.0%
4-6 years
15.0%
Less than 1 year
5.0%



Risk Analyst Related Career Advice Articles

banker looking at charts on laptop
How to Decide Between Investment Banking and Commercial Banking

Many finance professionals begin the career planning phase by taking some time to figure out whether they want to pursue commercial banking or investment banking. While both career paths can reap great rewards, each comes with a different set of responsibilities and skills. Here is a breakdown of some of the factors that separate careers in investment and commercial banking to consider.

Read article »