Risk Analyst Jobs in Woonsocket, RI

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.

1-8 of 8 Jobs

Remote Security Risk Management Analyst

  • Woonsocket, RI
  • 1 day ago
  • Woonsocket, RI
  • 1 day ago

You will be joining a team of Security Risk professionals who are responsible for working with various departments within the organization to identify inherent and residual risks within the...

Remote Work

Senior Staff IT Risk & Compliance Analyst

  • Framingham, MA (22 miles from Woonsocket, RI)
  • 1 day ago
  • Framingham, MA (22 miles from Woonsocket, RI)
  • 1 day ago

TJX Companies At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. Youll be part of our vibrant team that embraces diversity, fosters collaboration, and...

Security Risk Management Analyst

  • Providence, RI (12 miles from Woonsocket, RI)
  • 5 days ago
  • Providence, RI (12 miles from Woonsocket, RI)
  • 5 days ago

Security Risk Management Analyst CVS Health - 3.2 Providence, RI Job Details Full-time $64,890 - $173,040 a year 7 hours ago Benefits Employee stock purchase plan Health insurance Flexible...

Senior IT Risk & Compliance Analyst - Remote Available

  • Framingham, MA (22 miles from Woonsocket, RI)
  • 11 days ago
  • Framingham, MA (22 miles from Woonsocket, RI)
  • 11 days ago

TJX Companies Chez TJX Companies, chaque jour apporte de nouvelles occasions de croissance, de decouverte et d'accomplissement. Vous ferez partie d'une equipe dynamique qui prone la diversite,...

Remote Work

Third Party Risk Analyst

  • Smithfield, RI (6 miles from Woonsocket, RI)
  • 19 days ago
  • Smithfield, RI (6 miles from Woonsocket, RI)
  • 19 days ago

ABOUT: People helping people. That's what a credit union, and in particular Navigant Credit Union, is all about. Our mission is to improve the financial well-being of the families, businesses, and...

Senior IT Risk & Compliance Analyst

  • Framingham, MA (22 miles from Woonsocket, RI)
  • 22 days ago
  • Framingham, MA (22 miles from Woonsocket, RI)
  • 22 days ago

TJX Companies At TJX Companies, every day brings new opportunities for growth, exploration, and achievement. Youll be part of our vibrant team that embraces diversity, fosters collaboration, and...

Credit Analyst I

  • Auburn, MA (22 miles from Woonsocket, RI)
  • 25 days ago
  • Auburn, MA (22 miles from Woonsocket, RI)
  • 25 days ago

POSITION SUMMARY: Performs credit analysis to evaluate the credit risk and loan quality of business lending prospects and existing borrowers in the Business Banking Group....

Senior Risk & Compliance Analyst

  • Providence, RI (12 miles from Woonsocket, RI)
  • 28 days ago
  • Providence, RI (12 miles from Woonsocket, RI)
  • 28 days ago

Salary Not Available Position range in Rhode Island $94k - $173k Per Year Senior Risk & Compliance Analyst Highmark Health Occupation: Compliance Managers Location: Providence, RI - 02919...

Demographic Data for Woonsocket, RI

Moving to Woonsocket, RI? Find some basic demographic data about Woonsocket, RI below.


Local
National
43,269
727
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.
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...

Title Synonyms

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


Salary for Risk Analyst Jobs in Woonsocket, RI

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 Woonsocket, RI 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 Woonsocket, RI
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 »