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The differences between directors of quantitative research 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 director of quantitative research and a risk analyst. Additionally, a director of quantitative research has an average salary of $143,785, which is higher than the $81,484 average annual salary of a risk analyst.
The top three skills for a director of quantitative research include python, machine learning and quantitative research. The most important skills for a risk analyst are risk management, risk assessments, and powerpoint.
| Director Of Quantitative Research | Risk Analyst | |
| Yearly salary | $143,785 | $81,484 |
| Hourly rate | $69.13 | $39.17 |
| Growth rate | 9% | 9% |
| Number of jobs | 51,503 | 71,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
A director of quantitative research is a management professional who is responsible for managing a group of experts who are involved in quantitative research. This director must develop data analysis strategies to assess projects while providing reports to their senior management to monitor the effectiveness of their current development activities. The director must conduct a quantitative analysis of the organization's financial data to track and monitor the performance of their operations. This director must also coordinate collaborative data collection efforts across the organization.
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.
Directors of quantitative research and risk analysts have different pay scales, as shown below.
| Director Of Quantitative Research | Risk Analyst | |
| Average salary | $143,785 | $81,484 |
| Salary range | Between $101,000 And $203,000 | Between $59,000 And $112,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | New Hampshire | Connecticut |
| Best paying company | The Citadel | The Citadel |
| Best paying industry | Education | Manufacturing |
There are a few differences between a director of quantitative research and a risk analyst in terms of educational background:
| Director Of Quantitative Research | Risk Analyst | |
| Most common degree | Bachelor's Degree, 51% | Bachelor's Degree, 71% |
| Most common major | Finance | Business |
| Most common college | University of Notre Dame | University of Pennsylvania |
Here are the differences between directors of quantitative research' and risk analysts' demographics:
| Director Of Quantitative Research | Risk Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 71.1% Female, 28.9% | 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% |