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The differences between operational risk analysts and junior operations analysts can be seen in a few details. Each job has different responsibilities and duties. Additionally, an operational risk analyst has an average salary of $82,457, which is higher than the $51,571 average annual salary of a junior operations analyst.
The top three skills for an operational risk analyst include risk management, operational risk and risk assessments. The most important skills for a junior operations analyst are production environment, test results, and derivative.
| Operational Risk Analyst | Junior Operations Analyst | |
| Yearly salary | $82,457 | $51,571 |
| Hourly rate | $39.64 | $24.79 |
| Growth rate | 23% | 23% |
| Number of jobs | 24,212 | 84,576 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 76% |
| Average age | 45 | 45 |
| Years of experience | - | - |
An operational risk analyst is responsible for evaluating the company's operational processes and policies and identify procedures that pose risks for the business. Operational risk analysts strategize techniques to minimize financial loss and prevent operational hazards that may cause delays in operation and affect the quality of deliverables. They analyze incident reports and other underlying factors to improve services and develop opportunities that would bring more revenue resources and profits for the business. An operational risk analyst may also facilitate safety training and programs for employees to reiterate guidelines and regulations for compliance.
Junior analysts are entry-level professionals who are responsible for identifying defects in an organization's models and operations while improving its productivity and revenue making procedures. These analysts are required to conduct research, investigative workflows, and ensure that the organization is following compliance standards and regulations. They must coordinate with every department to meet with managers and conduct internal audits to assess their work processes. Junior analysts must also prepare reports and suggest changes for executive and operations managers about the defects found during the internal audits.
Operational risk analysts and junior operations analysts have different pay scales, as shown below.
| Operational Risk Analyst | Junior Operations Analyst | |
| Average salary | $82,457 | $51,571 |
| Salary range | Between $60,000 And $112,000 | Between $35,000 And $75,000 |
| Highest paying City | San Francisco, CA | Sunnyvale, CA |
| Highest paying state | Maryland | California |
| Best paying company | PayPal | Credit Suisse |
| Best paying industry | Automotive | - |
There are a few differences between an operational risk analyst and a junior operations analyst in terms of educational background:
| Operational Risk Analyst | Junior Operations Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between operational risk analysts' and junior operations analysts' demographics:
| Operational Risk Analyst | Junior Operations Analyst | |
| Average age | 45 | 45 |
| Gender ratio | Male, 45.5% Female, 54.5% | Male, 61.0% Female, 39.0% |
| Race ratio | Black or African American, 12.4% Unknown, 6.0% Hispanic or Latino, 14.3% Asian, 10.4% White, 56.3% American Indian and Alaska Native, 0.6% | Black or African American, 11.4% Unknown, 5.9% Hispanic or Latino, 12.7% Asian, 13.4% White, 55.9% American Indian and Alaska Native, 0.6% |
| LGBT Percentage | 9% | 9% |