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The differences between dispute resolution 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 dispute resolution analyst and a risk analyst. Additionally, a risk analyst has an average salary of $81,484, which is higher than the $51,442 average annual salary of a dispute resolution analyst.
The top three skills for a dispute resolution analyst include dispute resolution, sound decisions and data entry. The most important skills for a risk analyst are risk management, risk assessments, and powerpoint.
| Dispute Resolution Analyst | Risk Analyst | |
| Yearly salary | $51,442 | $81,484 |
| Hourly rate | $24.73 | $39.17 |
| Growth rate | 11% | 9% |
| Number of jobs | 45,588 | 71,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 71% |
| Average age | 44 | 40 |
| Years of experience | 4 | 4 |
The main job of a dispute resolution analyst involves the work of correspondence clerks. Dispute resolution analysts provide dispute resolution services to professional neutrals, personnel, and claimants. They develop and enforce dispute resolution acknowledgments. It is their job to maintain high quality with external and internal customers. Also, they facilitate communications with their external or internal stakeholders and customers.
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.
Dispute resolution analysts and risk analysts have different pay scales, as shown below.
| Dispute Resolution Analyst | Risk Analyst | |
| Average salary | $51,442 | $81,484 |
| Salary range | Between $37,000 And $70,000 | Between $59,000 And $112,000 |
| Highest paying City | McLean, VA | San Francisco, CA |
| Highest paying state | Virginia | Connecticut |
| Best paying company | PayPal | The Citadel |
| Best paying industry | Finance | Manufacturing |
There are a few differences between a dispute resolution analyst and a risk analyst in terms of educational background:
| Dispute Resolution Analyst | Risk Analyst | |
| Most common degree | Bachelor's Degree, 56% | Bachelor's Degree, 71% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between dispute resolution analysts' and risk analysts' demographics:
| Dispute Resolution Analyst | Risk Analyst | |
| Average age | 44 | 40 |
| Gender ratio | Male, 35.6% Female, 64.4% | Male, 53.4% Female, 46.6% |
| Race ratio | Black or African American, 8.4% Unknown, 4.5% Hispanic or Latino, 9.1% Asian, 10.0% White, 67.8% American Indian and Alaska Native, 0.2% | 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% |