Risk Analyst Jobs in Buffalo, NY

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

Cybersecurity Insider Threat Risk Analyst

  • Buffalo, NY
  • 3 days ago
  • Buffalo, NY
  • 3 days ago

Overview: Cybersecurity Insider Threat (CIT) Risk Analysts play a crucial role in identifying, assessing, and mitigating risks by understanding critical business operations, the workflows associated...

Government Relations Risk Analyst and Data Manager

  • Buffalo, NY
  • 10 days ago
  • Buffalo, NY
  • 10 days ago

Overview: Support the first line of defense risk management function by assisting with the Government Relations department on identification and assessment of risks and risk monitoring of...

Senior Risk Analyst (Hybrid - Buffalo, NY)

  • Buffalo, NY
  • 23 days ago
  • Buffalo, NY
  • 23 days ago

The Senior Risk Analyst will support, and report, to the Segment Risk Manager responsible for Finance and Regulatory Reporting Oversight (FRRO) Analytics....

Senior Finance Risk Analyst (Hybrid - Buffalo, NY)

  • Buffalo, NY
  • 45+ days ago
  • Buffalo, NY
  • 45+ days ago

The Senior Risk Analyst will support, and report, to the Segment Risk Manager responsible for Finance and Regulatory Reporting Oversight (FRRO) Analytics....

Business Risk Analyst III

  • Buffalo, NY
  • 45+ days ago
  • Buffalo, NY
  • 45+ days ago

Mentor newer analysts, fostering their professional growth and ensuring a high standard for all risk analysts within the team....

Business Banking Credit Risk Oversight - Quantitative Risk Analyst Expert

  • Buffalo, NY
  • 90+ days ago
  • Buffalo, NY
  • 90+ days ago

Education and Experience Preferred: Credit Analysis experience. M&T Bank is committed to fair, competitive, and market-informed pay for our employees....

Demographic Data for Buffalo, NY

Moving to Buffalo, NY? Find some basic demographic data about Buffalo, NY below.


Local
National
592,039
14,170
Large

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.
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 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...

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Salary for Risk Analyst Jobs in Buffalo, NY

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 Buffalo, NY 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 Buffalo, NY
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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