Risk Analyst Jobs in Rhode Island

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.

1-5 of 5 Jobs

Remote Security Risk Management Analyst

  • Woonsocket, RI
  • 9 hours ago
  • Woonsocket, RI
  • 9 hours 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

Security Risk Management Analyst

  • Providence, RI
  • 4 days ago
  • Providence, RI
  • 4 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...

Third Party Risk Analyst

  • Smithfield, RI
  • 18 days ago
  • Smithfield, RI
  • 18 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 Risk & Compliance Analyst

  • Providence, RI
  • 27 days ago
  • Providence, RI
  • 27 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...

Enterprise Risk Analyst

  • Kingston, RI
  • 90+ days ago
  • Kingston, RI
  • 90+ days ago

Posting Number: SF01912 Job Title: Enterprise Risk Analyst Position Number: 109267 FTE: 1.00 FLSA: Exempt Position Type: Professional Staff Union: Non-Union Non-Classified Staff Pay Grade Level: Grade...

Demographic Data for Rhode Island

Moving to Rhode Island? Find some basic demographic data about Rhode Island below.


Local
National
1,097,450
28,607

Risk Analyst Online Courses and Training Opportunities

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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...

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Salary for Risk Analyst Jobs in Rhode Island

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 Rhode Island 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 Rhode Island
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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