Risk Analyst Jobs in Baltimore, MD

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.

1-6 of 6 Jobs

Experience: Four years of experience in the private mortgage industry, federal or state government affordable housing lending and/or rental assistance programs, residential construction discipline or...

Senior Contracts and Risk Management Specialist

  • Ellicott City, MD (9 miles from Baltimore, MD)
  • 15 hours ago
  • Ellicott City, MD (9 miles from Baltimore, MD)
  • 15 hours ago

OVERVIEW Are you a passionate Senior Contracts and Risk Management Specialist eager to drive innovation in a collaborative, employee-owned environment? Join Merrick & Company's Contracts and Risk...

Program Excellence: WholeHome, Energy and Business Lending Programs Who we are and what we do: We are a fast paced, dynamic team committed to serving Maryland households....

Senior Risk Management Analyst (Hybrid)

  • Baltimore, MD
  • 14 days ago
  • Baltimore, MD
  • 14 days ago

Senior Risk Management Analyst (Hybrid) Job ID: 20958 Job Function: Audit & Legal Location: Baltimore, MD, United States Campus: MD-Baltimore-Canton Crossing Career Band: BDB Status: Full-Time...

Senior Credit Analyst

  • Baltimore, MD
  • 18 days ago
  • Baltimore, MD
  • 18 days ago

At least 4 years of experience in credit underwriting, specialty underwriting, or a financial analysis role....

Risk Management Specialist

  • Hanover, MD (10 miles from Baltimore, MD)
  • 30+ days ago
  • Hanover, MD (10 miles from Baltimore, MD)
  • 30+ days ago

Risk Management Specialist Location US-MD-Hanover ID 2025-2531 Category Management Position Type Full-Time Remote No Required Clearance TS/SCI Overview SilverEdge is a premier provider of...

Demographic Data for Baltimore, MD

Moving to Baltimore, MD? Find some basic demographic data about Baltimore, MD below.


Local
National
606,269
12,784
Large

Risk Analyst Online Courses and Training Opportunities

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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...
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...
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 Baltimore, MD

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 Baltimore, MD offer the following education background
Bachelor's Degree
44.0%
Master's Degree
24.1%
High School or GED
11.9%
Associate's Degree
9.3%
Vocational Degree or Certification
7.3%
Doctorate Degree
1.5%
Some College
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 Baltimore, MD
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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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.

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