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The differences between dealer 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 a dealer analyst and a risk analyst. Additionally, a risk analyst has an average salary of $81,484, which is higher than the $77,663 average annual salary of a dealer analyst.
The top three skills for a dealer analyst include salesforce, financial analysis and approval process. The most important skills for a risk analyst are risk management, risk assessments, and powerpoint.
| Dealer Analyst | Risk Analyst | |
| Yearly salary | $77,663 | $81,484 |
| Hourly rate | $37.34 | $39.17 |
| Growth rate | 9% | 9% |
| Number of jobs | 50,943 | 71,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
Dealer analysts are professionals who are responsible for performing data, statistical, and geographical analysis on the information of suppliers and customers. These analysts are required to review their dealer financial statements so that they can assess the level of risk in extending their dealer credit lines. They must analyze consumer credit applications for loan approval and creditworthiness. Dealer analysts must also develop business relationships with dealership personnel through the understanding of business unit financing plans, programs, and procedures.
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.
Dealer analysts and risk analysts have different pay scales, as shown below.
| Dealer Analyst | Risk Analyst | |
| Average salary | $77,663 | $81,484 |
| Salary range | Between $56,000 And $106,000 | Between $59,000 And $112,000 |
| Highest paying City | - | San Francisco, CA |
| Highest paying state | - | Connecticut |
| Best paying company | - | The Citadel |
| Best paying industry | - | Manufacturing |
There are a few differences between a dealer analyst and a risk analyst in terms of educational background:
| Dealer Analyst | Risk Analyst | |
| Most common degree | Bachelor's Degree, 78% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between dealer analysts' and risk analysts' demographics:
| Dealer Analyst | Risk Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 59.3% Female, 40.7% | Male, 53.4% Female, 46.6% |
| Race ratio | 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% | 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 | 7% | 7% |