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Asset analyst vs risk analyst

The differences between asset 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 asset analyst and a risk analyst. Additionally, a risk analyst has an average salary of $81,484, which is higher than the $72,242 average annual salary of an asset analyst.

The top three skills for an asset analyst include asset management, fixed assets and real estate. The most important skills for a risk analyst are risk management, risk assessments, and powerpoint.

Asset analyst vs risk analyst overview

Asset AnalystRisk Analyst
Yearly salary$72,242$81,484
Hourly rate$34.73$39.17
Growth rate9%9%
Number of jobs67,86471,284
Job satisfaction--
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 71%
Average age4040
Years of experience44

What does an asset analyst do?

Asset analysts are accounting professionals who specialize in the management of the company's assets. They maintain the company's record of assets. They ensure that their database is updated. They also ensure that all physical assets are properly maintained. Asset analysts prepare reports related to these assets and draft recommendations as needed. They also keep themselves updated on the current trends in both the industry and in the economic market. They should always be on the lookout for possible asset acquisitions to improve the company's economic standing.

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.

Asset analyst vs risk analyst salary

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

Asset AnalystRisk Analyst
Average salary$72,242$81,484
Salary rangeBetween $47,000 And $109,000Between $59,000 And $112,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateMassachusettsConnecticut
Best paying companyPacific Investment Management Company LLCThe Citadel
Best paying industryFinanceManufacturing

Differences between asset analyst and risk analyst education

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

Asset AnalystRisk Analyst
Most common degreeBachelor's Degree, 74%Bachelor's Degree, 71%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Asset analyst vs risk analyst demographics

Here are the differences between asset analysts' and risk analysts' demographics:

Asset AnalystRisk Analyst
Average age4040
Gender ratioMale, 53.2% Female, 46.8%Male, 53.4% Female, 46.6%
Race ratioBlack 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%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 Percentage7%7%

Differences between asset analyst and risk analyst duties and responsibilities

Asset analyst example responsibilities.

  • Develop, maintain financial models/applications (VBA Excel/Access) to automate and streamline business processes and perform financial analysis.
  • Compare large data sets using SQL queries.
  • Streamline procedure of data scrubbing restrict securities and accounts, decreasing processing time.
  • Supervise payroll and benefits calculation, taxes submission, equipment inventory and other relate activities.
  • Resolve technical coding issue in GSEC entity where securities are being inaccurately release, decreasing deficit numbers and analysis time.
  • Perform in a multifacete role providing full-scale accounting and financial services, payroll management, database administration, and recording/reporting.
  • Show more

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.
  • Show more

Asset analyst vs risk analyst skills

Common asset analyst skills
  • Asset Management, 18%
  • Fixed Assets, 5%
  • Real Estate, 5%
  • Financial Statements, 4%
  • Securities, 4%
  • Process Improvement, 4%
Common risk analyst skills
  • Risk Management, 19%
  • Risk Assessments, 6%
  • PowerPoint, 6%
  • Portfolio, 5%
  • Data Analysis, 4%
  • SAS, 3%

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