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The differences between investment banking 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 an investment banking analyst and a risk analyst. Additionally, a risk analyst has an average salary of $81,484, which is higher than the $60,598 average annual salary of an investment banking analyst.
The top three skills for an investment banking analyst include financial models, discounted cash flow and healthcare. The most important skills for a risk analyst are risk management, risk assessments, and powerpoint.
| Investment Banking Analyst | Risk Analyst | |
| Yearly salary | $60,598 | $81,484 |
| Hourly rate | $29.13 | $39.17 |
| Growth rate | 9% | 9% |
| Number of jobs | 52,791 | 71,284 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 71% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
An Investment Banking Analyst reviews and analyzes data for investment banking portfolios. They work with individuals and businesses to suggest potential investments for their clients.
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.
Investment banking analysts and risk analysts have different pay scales, as shown below.
| Investment Banking Analyst | Risk Analyst | |
| Average salary | $60,598 | $81,484 |
| Salary range | Between $35,000 And $104,000 | Between $59,000 And $112,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | California | Connecticut |
| Best paying company | The Citadel | The Citadel |
| Best paying industry | Finance | Manufacturing |
There are a few differences between an investment banking analyst and a risk analyst in terms of educational background:
| Investment Banking Analyst | Risk Analyst | |
| Most common degree | Bachelor's Degree, 83% | Bachelor's Degree, 71% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between investment banking analysts' and risk analysts' demographics:
| Investment Banking Analyst | Risk Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 75.3% Female, 24.7% | 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% |