Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between compliance analysts and risk analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, a risk analyst has an average salary of $81,484, which is higher than the $59,108 average annual salary of a compliance analyst.
The top three skills for a compliance analyst include powerpoint, customer service and risk assessments. The most important skills for a risk analyst are risk management, risk assessments, and powerpoint.
| Compliance Analyst | Risk Analyst | |
| Yearly salary | $59,108 | $81,484 |
| Hourly rate | $28.42 | $39.17 |
| Growth rate | 6% | 9% |
| Number of jobs | 26,138 | 71,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Average age | 46 | 40 |
| Years of experience | - | 4 |
A compliance analyst is in charge of ensuring that every operation and aspect in a company or facility adheres to the laws and regulations. They are also responsible for conducting regular inspections and assessments, producing reports and presentations, disseminating necessary information and reminders, researching existing policies and laws related to the industry, and remaining updated with new regulations. Furthermore, there are instances when a compliance analyst must gather requirements and process them to receive compliance certifications from agencies.
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.
Compliance analysts and risk analysts have different pay scales, as shown below.
| Compliance Analyst | Risk Analyst | |
| Average salary | $59,108 | $81,484 |
| Salary range | Between $39,000 And $87,000 | Between $59,000 And $112,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Connecticut |
| Best paying company | Meta | The Citadel |
| Best paying industry | Technology | Manufacturing |
There are a few differences between a compliance analyst and a risk analyst in terms of educational background:
| Compliance Analyst | Risk Analyst | |
| Most common degree | Bachelor's Degree, 66% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between compliance analysts' and risk analysts' demographics:
| Compliance Analyst | Risk Analyst | |
| Average age | 46 | 40 |
| Gender ratio | Male, 43.5% Female, 56.5% | Male, 53.4% Female, 46.6% |
| Race ratio | Black or African American, 11.5% Unknown, 4.4% Hispanic or Latino, 15.2% Asian, 8.0% White, 60.1% American Indian and Alaska Native, 0.8% | 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% |