Data research analyst vs risk analyst

The differences between data research analysts and risk analysts can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 4-6 years to become a data research analyst, becoming a risk analyst takes usually requires 2-4 years. Additionally, a risk analyst has an average salary of $81,484, which is higher than the $57,865 average annual salary of a data research analyst.

The top three skills for a data research analyst include data analysis, data collection and patients. The most important skills for a risk analyst are risk management, risk assessments, and powerpoint.

Data research analyst vs risk analyst overview

	Data Research Analyst	Risk Analyst
Yearly salary	$57,865	$81,484
Hourly rate	$27.82	$39.17
Growth rate	19%	9%
Number of jobs	135,144	71,284
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 71%
Average age	37	40
Years of experience	6	4

What does a data research analyst do?

The job of a data research analyst focuses on the interpretation of research results. The results data research analysts gather is turned into information offering ways for business improvement. They collect data information from different sources then interpret their patterns and trends. These professionals prepare investigative reports on assets and securities for a client or in-house use. They need to develop skills in a good organization, excellent communication, attention to detail, and accuracy.

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.

Data research analyst vs risk analyst salary

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

	Data Research Analyst	Risk Analyst
Average salary	$57,865	$81,484
Salary range	Between $40,000 And $81,000	Between $59,000 And $112,000
Highest paying City	Bellevue, WA	San Francisco, CA
Highest paying state	Washington	Connecticut
Best paying company	Microsoft	The Citadel
Best paying industry	Finance	Manufacturing

Differences between data research analyst and risk analyst education

There are a few differences between a data research analyst and a risk analyst in terms of educational background:

	Data Research Analyst	Risk Analyst
Most common degree	Bachelor's Degree, 65%	Bachelor's Degree, 71%
Most common major	Business	Business
Most common college	University of Georgia	University of Pennsylvania

Data research analyst vs risk analyst demographics

Here are the differences between data research analysts' and risk analysts' demographics:

	Data Research Analyst	Risk Analyst
Average age	37	40
Gender ratio	Male, 48.4% Female, 51.6%	Male, 53.4% Female, 46.6%
Race ratio	Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.1% Asian, 14.0% White, 65.1% 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 Percentage	10%	7%

Differences between data research analyst and risk analyst duties and responsibilities

Data research analyst example responsibilities.

Manage weapon system project websites via SharePoint, including troubleshooting technical issues and developing guidelines for public/private information and user permissions.
Implement data and analysis visualization using Java.
Clean data in SPSS for further analysis, formatting variable names, labels, and order.
Utilize SAS data outputs and an intimate working knowledge of Atlantic coast fisheries to identify anomalies in the data sets.
Develop tools using VBA to validate input and export data correlation to decrease manual validation time need by data owners.
Contribute towards thesaurus management and visualization tools development.

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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.

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Data research analyst vs risk analyst skills

Common data research analyst skills

Data Analysis, 10%
Data Collection, 9%
Patients, 8%
Python, 7%
Research Projects, 5%
Data Management, 5%

Common risk analyst skills

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

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Updated January 8, 2025

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