Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between market risk analysts and junior is 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 market risk analyst, becoming a junior is analyst takes usually requires 2-4 years. Additionally, a market risk analyst has an average salary of $90,794, which is higher than the $65,296 average annual salary of a junior is analyst.
The top three skills for a market risk analyst include risk management, derivative and VAR. The most important skills for a junior is analyst are powerpoint, data analysis, and portfolio.
| Market Risk Analyst | Junior IS Analyst | |
| Yearly salary | $90,794 | $65,296 |
| Hourly rate | $43.65 | $31.39 |
| Growth rate | 19% | 11% |
| Number of jobs | 40,595 | 92,477 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 75% |
| Average age | 37 | 44 |
| Years of experience | 6 | 4 |
A market risk analyst is responsible for conducting data and statistical analysis to help the business professionals in choosing the best investment and services to take from the assessment. Market risk analysts must have excellent communication and analytical skills to provide profit estimation and design strategies to minimize potential losses. They also identify business opportunities by evaluating the market demand that would generate more revenue resources for the business to increase revenues and close business deals with the clients.
A junior IS analyst takes responsibility in making sure that databases are constructed appropriately and with access limits. IS analysts improve trading strategy with intermediaries through compensation information analysis. They handle financial claims payment as well as provider directory processes. Also, they develop dictionaries and provide technical support. They even perform due diligence for investment opportunities. The skills they need to have include management, information technology, and financial management.
Market risk analysts and junior is analysts have different pay scales, as shown below.
| Market Risk Analyst | Junior IS Analyst | |
| Average salary | $90,794 | $65,296 |
| Salary range | Between $63,000 And $130,000 | Between $45,000 And $93,000 |
| Highest paying City | Jersey City, NJ | Jersey City, NJ |
| Highest paying state | New Jersey | New Hampshire |
| Best paying company | Calpine | The Citadel |
| Best paying industry | Utilities | Finance |
There are a few differences between a market risk analyst and a junior is analyst in terms of educational background:
| Market Risk Analyst | Junior IS Analyst | |
| Most common degree | Bachelor's Degree, 64% | Bachelor's Degree, 75% |
| Most common major | Finance | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between market risk analysts' and junior is analysts' demographics:
| Market Risk Analyst | Junior IS Analyst | |
| Average age | 37 | 44 |
| Gender ratio | Male, 74.2% Female, 25.8% | Male, 60.3% Female, 39.7% |
| Race ratio | Black or African American, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.2% White, 64.8% American Indian and Alaska Native, 0.1% | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.7% White, 64.5% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 10% | 12% |