Analytical laboratory analyst vs risk analyst

The differences between analytical laboratory analysts and risk analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both an analytical laboratory analyst and a risk analyst. Additionally, a risk analyst has an average salary of $81,484, which is higher than the $73,744 average annual salary of an analytical laboratory analyst.

The top three skills for an analytical laboratory analyst include tableau, SAS and python. The most important skills for a risk analyst are risk management, risk assessments, and powerpoint.

Analytical laboratory analyst vs risk analyst overview

	Analytical Laboratory Analyst	Risk Analyst
Yearly salary	$73,744	$81,484
Hourly rate	$35.45	$39.17
Growth rate	11%	9%
Number of jobs	105,762	71,284
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 71%
Average age	44	40
Years of experience	4	4

What does an analytical laboratory analyst do?

An analytical laboratory analyst's role is to gather and analyze samples, ensuring accuracy and timeliness. They are primarily responsible for preparing and handling apparatus, operating devices and machines, performing experiments and research, and coordinating with other scientists. It is also important to record data and results, develop optimal practices, handle issues and concerns, and perform corrective measures. Furthermore, an analytical laboratory analyst must implement all laboratory rules and regulations to ensure a safe and healthy work environment for everyone.

What does a risk analyst do?

As a risk analyst, you will oversee the identification, assessment, and monitoring of risks that your company has been exposed to. You will evaluate financial documents, potential clients, and economic conditions to determine the level of risk in business decisions. You will be responsible for aggregating data from several sources to develop a comprehensive assessment and create reports, processes, and presentations to better present results. You are also expected to work closely with other team members to analyze and show data effectively.

Analytical laboratory analyst vs risk analyst salary

Analytical laboratory analysts and risk analysts have different pay scales, as shown below.

	Analytical Laboratory Analyst	Risk Analyst
Average salary	$73,744	$81,484
Salary range	Between $53,000 And $102,000	Between $59,000 And $112,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	Washington	Connecticut
Best paying company	Meta	The Citadel
Best paying industry	Finance	Manufacturing

Differences between analytical laboratory analyst and risk analyst education

There are a few differences between an analytical laboratory analyst and a risk analyst in terms of educational background:

	Analytical Laboratory Analyst	Risk Analyst
Most common degree	Bachelor's Degree, 70%	Bachelor's Degree, 71%
Most common major	Finance	Business
Most common college	Northwestern University	University of Pennsylvania

Analytical laboratory analyst vs risk analyst demographics

Here are the differences between analytical laboratory analysts' and risk analysts' demographics:

	Analytical Laboratory Analyst	Risk Analyst
Average age	44	40
Gender ratio	Male, 62.5% Female, 37.5%	Male, 53.4% Female, 46.6%
Race ratio	Black or African American, 7.5% Unknown, 4.5% Hispanic or Latino, 8.5% Asian, 14.5% White, 64.8% American Indian and Alaska Native, 0.2%	Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1%
LGBT Percentage	12%	7%

Differences between analytical laboratory analyst and risk analyst duties and responsibilities

Analytical laboratory analyst example responsibilities.

Manage and conduct ELISA testing on four different assays in a GMP environment.
Work and manage implementation of regulatory requirements for lab, including: EPA, ASTM, and NELAC.
Charge with and achieve the production of accurate and timely monthly investor reports and reconciliations in accordance with applicable service agreements.
Maintain and troubleshot GC and HPLC instrumentation.
Develop logistic regression models in SAS to cross sell investment & insurance products to the existing customers.
Assist and perform LIMS implementation for microbiology laboratory.

Risk analyst example responsibilities.

Create programs in Java to automate trade execution and ensure market clear downloads are facilitate by the same.
Manage financial derivative models to ensure accurate calculation, structure and pricing.
Manage investigation and reporting of occurrences to applicable regulatory agencies when indicate and facilitate disclosure to patients and families.
Manage litigation through appropriate selection of counsel, developing strategic action plans a while monitoring an active trial calendar.
Manage treasury workstation steering team for automation of core treasury operations for increase reliability of financial reporting and decision making.
Use SAS and SQL to originate and maintain analytic data marts and automate reporting.

Analytical laboratory analyst vs risk analyst skills

Common analytical laboratory analyst skills

Tableau, 11%
SAS, 8%
Python, 7%
Visualization, 6%
Data Analysis, 5%
Power Bi, 5%

Common risk analyst skills

Risk Management, 19%
Risk Assessments, 6%
PowerPoint, 6%
Portfolio, 5%
Data Analysis, 4%
SAS, 3%

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Analytical Laboratory Analyst
Analytical Laboratory Analyst vs Risk Analyst

Updated January 8, 2025

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