Risk Analyst Jobs in Salem, MA

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 19 Jobs

Commercial Credit Analyst

  • Cambridge, MA (14 miles from Salem, MA)
  • 3 hours ago
  • Cambridge, MA (14 miles from Salem, MA)
  • 3 hours ago

Function : Under the general direction of the AVP, Team Lead Commercial Credit, perform a variety of administrative tasks in connection with commercial credit analysis for Lending Division....

SBA Credit Analyst 5 & 6 (PMG)

  • Boston, MA (13 miles from Salem, MA)
  • 1 day ago
  • Boston, MA (13 miles from Salem, MA)
  • 1 day 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...

Investment Risk Analyst (Portfolio Risk), Assistant Vice President

  • Boston, MA (13 miles from Salem, MA)
  • 2 days ago
  • Boston, MA (13 miles from Salem, MA)
  • 2 days ago

Investment Risk Analyst (Portfolio Risk), Assistant Vice President Who we are looking for: The Investment Risk Analyst position is part of the State Street Global Advisors Investment Risk Team....

Security Risk Management Analyst

  • Boston, MA (13 miles from Salem, MA)
  • 5 days ago
  • Boston, MA (13 miles from Salem, MA)
  • 5 days ago

At CVS Health, we're building a world of health around every consumer and surrounding ourselves with dedicated colleagues who are passionate about transforming health care. As the nation's leading...

Senior Credit Analyst, Asset Based Lending (ABL)

  • Boston, MA (13 miles from Salem, MA)
  • 8 days ago
  • Boston, MA (13 miles from Salem, MA)
  • 8 days ago

Responsible for supporting the Credit Administration team in analyzing credit and collateral information to determine risk involved in lending money to customers....

Operational Risk and Compliance Analyst

  • Boston, MA (13 miles from Salem, MA)
  • 8 days ago
  • Boston, MA (13 miles from Salem, MA)
  • 8 days ago

Who we are looking for State Streets Global Credit Finance (GCF) division has established an Operational Risk and Compliance function which adds value to the business in the identification,...

Senior Credit Analyst - Leveraged Finance Team, VP I - State Street Global Advisors

  • Boston, MA (13 miles from Salem, MA)
  • 15 days ago
  • Boston, MA (13 miles from Salem, MA)
  • 15 days ago

A Senior Credit Analyst to join SSGA's Fixed Income team with experience in credit, high yield and/ or leveraged loan credit research. SSGA's Fixed Income team manages over $38B in capital across...

Insurance Risk Management Specialist

  • Boston, MA (13 miles from Salem, MA)
  • 19 days ago
  • Boston, MA (13 miles from Salem, MA)
  • 19 days ago

Insurance Risk Management Specialist Opened Recently Location 99 High Street, Boston, MA 02110, United States of AmericaCategory Customer ServicesJob Id R_300078 We are seeking a talented...

Quantitative Risk Analyst, Assistant Vice President, State Street Global Advisors, MRM

  • Boston, MA (13 miles from Salem, MA)
  • 21 days ago
  • Boston, MA (13 miles from Salem, MA)
  • 21 days ago

State Street Global Advisors (SSGA) Model Risk Management (MRM) function is seeking a Quantitative Risk Analyst to join its SSGA Model Validation team based in Boston, MA....

Senior Risk & Compliance Analyst

  • Salem, MA
  • 23 days ago
  • Salem, MA
  • 23 days ago

Job Listing ID: 4241186 Job Title: Senior Risk & Compliance Analyst Application Deadline: Open Until FilledJob Location: Salem Date Posted: 03/29/2025Hours Worked Per Week: Not Provided Shift: Not...

Insurance Risk Management Analyst

  • Boston, MA (13 miles from Salem, MA)
  • 29 days ago
  • Boston, MA (13 miles from Salem, MA)
  • 29 days ago

This position is for an entry-level professional as an Insurance Risk Analyst, who is looking to work in the Insurance Risk Management Department at a large real estate investment advisory firm....

Risk Management Specialist-1

  • Boston, MA (13 miles from Salem, MA)
  • 30+ days ago
  • Boston, MA (13 miles from Salem, MA)
  • 30+ days ago

POSITION SUMMARY: The Risk Management Specialist is responsible for the overall management of potential risks and liabilities within Boston Medical Center (BMC) and serves as a role model...

Vertex Fall 2025 Co-op, Risk Management Specialist and Commercial Supply Chain (Boston, MA)

  • Boston, MA (13 miles from Salem, MA)
  • 30+ days ago
  • Boston, MA (13 miles from Salem, MA)
  • 30+ days ago

Job Description The Vertex Co-op Program offers students the opportunity to learn about the pharmaceutical industry from a hands-on perspective. You will be working closely with and learning from...

Risk Management Analyst

  • Boston, MA (13 miles from Salem, MA)
  • 30+ days ago
  • Boston, MA (13 miles from Salem, MA)
  • 30+ days ago

This position is primarily responsible for supporting Natixis Investment Managers operational risk management program. The individual will interact with Natixis Investment Managers affiliated...

Quantitative Risk Analyst

  • Boston, MA (13 miles from Salem, MA)
  • 30+ days ago
  • Boston, MA (13 miles from Salem, MA)
  • 30+ days ago

Quantitative Risk Analyst (State Street Bank and Trust Company; Boston, MA ): The Quantitative Risk Analyst will focus on delivering modeling and analytics solutions to business units across State Street...

Demographic Data for Salem, MA

Moving to Salem, MA? Find some basic demographic data about Salem, MA below.


Local
National
44,451
1,142
Medium

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 Salem, MA

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 Salem, MA offer the following education background
Bachelor's Degree
44.0%
Master's Degree
24.0%
High School or GED
12.0%
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 Salem, MA
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 »