Risk Analyst Jobs in State College, PA

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.

1-3 of 3 Jobs

Credit Analyst

  • Reedsville, PA (14 miles from State College, PA)
  • 4 days ago
  • Reedsville, PA (14 miles from State College, PA)
  • 4 days ago

Generally, a minimum of three plus years of agricultural or commercial credit analysis/underwriting experience is preferred....

Credit Analyst I, Loan - Admin/Proc/Credit

  • State College, PA
  • 7 days ago
  • State College, PA
  • 7 days ago

General Responsibilities Responsible for performing credit analysis/commercial loan underwriting and related administrative duties as necessary to support the Commercial Lending team; achieving goals...

Credit Analyst I, Loan - Admin/Proc/Credit - 0HS68183945

  • State College, PA
  • 7 days ago
  • State College, PA
  • 7 days ago

Credit Analysis / Commercial Loan Underwriting (in accordance with Bank procedures)a....

Demographic Data for State College, PA

Moving to State College, PA? Find some basic demographic data about State College, PA below.


Local
National
67,197
1,837
Medium

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Data Analyst
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Cybersecurity Analyst
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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 State College, PA

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 State College, PA 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 State College, PA
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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