Risk Analyst Jobs in Arizona
Risk Analyst jobs in Arizona are in strong and consistent demand, with hiring concentrated in financial services, insurance, healthcare, and defense contracting across seniority levels from entry-level analyst through senior risk manager. Phoenix and Scottsdale anchor most of the openings, with Tempe also active given its dense financial technology and banking presence, and employers such as Banner Health, Fidelity Investments, and American Express have established long-running risk functions in the state. The most sought-after specialties in Arizona are credit risk, enterprise risk management, and operational risk within regulated industries. Find a role that fits below and apply directly.
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The Vendor Risk Analyst will oversee vendor risk management, support Trust Operations, conduct risk assessments, monitor vendor performance, and provide risk reporting to leadership. This role requires strong analytical and process improvement skills to drive operational efficiency, strengthen controls, mitigate risk, and support scalable, client-focused outcomes in a fast-paced environment.
What You'll Do:
- Support daily Trust Operations activities while ensuring accuracy, efficiency, and compliance with regulatory and firm standards.
- Identify, assess, and mitigate operational, vendor, and third-party risks through effective oversight and risk management practices.
- Monitor vendor performance, service levels, and issue resolution to ensure quality outcomes.
- Partner with Risk, Compliance, internal stakeholders, and vendors to address process gaps, support audits, and strengthen operational controls.
- Analyze and resolve complex operational issues, escalations, and business challenges.
- Lead process improvement and change management initiatives that enhance client experience, efficiency, and scalability.
- Support new products, operational enhancements, and vendor transitions by evaluating impacts and implementing sustainable solutions.
- Leverage data, reporting, and performance metrics to identify trends and provide actionable business insights.
- Bachelor's degree or equivalent experience preferred.
- 3+ years of financial services experience, including risk management and control evaluation, preferred .
- Experience managing vendor relationships, monitoring performance, and resolving service issues.
- Strong analytical, problem-solving, and decision-making skills with the ability to independently resolve complex issues.
- Experience identifying, assessing, and mitigating vendor and operational risks.
- Ability to manage multiple priorities in a fast-paced, changing environment.
- Strong written and verbal communication skills with the ability to collaborate across teams and with external partners.
- Proficiency in Microsoft Office, particularly Excel; Power BI and operational reporting experience preferred.
- Strong attention to detail with a track record of delivering accurate, high-quality work.
- Self-motivated and adaptable, with the ability to thrive in changing environments and navigate ambiguity.
- Proven ability to build collaborative relationships with internal teams and external vendors.
- Passion for process improvement, operational excellence, and delivering exceptional client outcomes.
- Strong ownership mindset with the ability to independently drive results and continuous improvement
Candidates that live within a commutable distance from our Tempe, AZ and St. Louis, MO home office locations are expected to work in the office four days per week.
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See All 9 Risk Analyst Jobs in Arizona
Find roles in Arizona that match your experience and apply in just a few clicks.
Find Risk Analyst JobsRisk Analyst Jobs by City in Arizona
Where Arizona roles are concentrated, by current openings.
Risk Analyst Job Market in Arizona
A snapshot from current Arizona openings, updated as new roles post.
Who's Hiring



What Arizona Employers Look For
The qualifications that appear most often in risk analyst jobs across Arizona.
- Bachelor's degree in finance, economics, statistics, or a related quantitative field
- Professional certification such as FRM, PRM, or CFA strongly preferred by Arizona employers
- Two or more years of experience in credit, operational, or enterprise risk analysis
- Proficiency in risk modeling tools and software including Excel, SAS, Python, or R
- Familiarity with regulatory frameworks such as Basel III, SOX, or state insurance risk requirements
- Strong written and verbal communication skills for presenting risk findings to stakeholders
Risk Analyst Jobs in Arizona: Frequently Asked Questions
How do you become a risk analyst in Arizona?
Most risk analyst roles in Arizona require at least a bachelor's degree in finance, economics, mathematics, or a related field. Arizona does not require a state-issued license specifically for risk analysts, but employers in financial services and insurance strongly favor candidates who hold industry credentials such as the Financial Risk Manager designation from the Global Association of Risk Professionals or the Professional Risk Manager credential from PRMIA. Candidates entering healthcare risk at Arizona health systems often benefit from coursework in healthcare compliance or internal audit.
How much do risk analysts make in Arizona?
Risk analysts in Arizona earn a median of about $102,800 a year, based on May 2025 Bureau of Labor Statistics wage data, ranging from around $57,400 for the lowest 10% to over $165,880 for the top 10%. Pay rises with experience, specialty, and employer.
Which companies hire risk analysts in Arizona?
Employers hiring risk analysts in Arizona right now include MSR, RBC, and Peraton, based on current listings on Migrate Mate as of September 2026. Arizona's deep concentration of insurance carriers, regional banks, and large healthcare networks means openings appear regularly across multiple industries rather than clustering in a single sector.
Which Arizona cities have the most risk analyst jobs?
Phoenix, Arizona, and Tempe account for the largest share of risk analyst openings in Arizona. Phoenix drives the majority of postings as the state's financial and corporate headquarters hub, Scottsdale attracts openings from financial technology firms and wealth management companies concentrated there, and Tempe benefits from the large banking and fintech operations that have established regional centers near Arizona State University.
Are there remote risk analyst jobs in Arizona?
Yes, and more than most fields, because risk analysis is fundamentally desk and data-driven work that translates well to distributed teams. About 67% of risk analyst openings tied to Arizona are remote or hybrid as of September 2026, reflecting how readily this role operates away from a physical office. Quantitative modeling, regulatory reporting, and credit analysis functions tend to be the most remote-eligible, while roles requiring direct collaboration with trading desks or on-site audit teams lean toward hybrid arrangements.
How can I get hired as a risk analyst in Arizona with little or no experience?
The most realistic entry path is a junior or associate analyst role within a financial services firm or large healthcare system, where analytical work is structured and mentored. Major Arizona employers such as large insurance carriers and regional banks regularly bring in new graduates through rotational analyst programs that include risk as one track. Candidates moving laterally from audit, compliance, or financial planning roles find the transition achievable. Earning the FRM Part I exam or completing coursework in data analytics or risk modeling gives entry-level applicants a concrete edge in Arizona hiring processes.
Where can I find and apply to risk analyst jobs in Arizona?
You can find and apply to risk analyst jobs in Arizona on Migrate Mate, which lists current Arizona openings across industries including financial services, insurance, healthcare, and defense. Find roles that fit your experience and apply directly to the employers posting them.
See All 9 Risk Analyst Jobs in Arizona
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