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Operational risk analyst vs method consultant

The differences between operational risk analysts and method consultants can be seen in a few details. Each job has different responsibilities and duties. Additionally, a method consultant has an average salary of $96,167, which is higher than the $82,457 average annual salary of an operational risk analyst.

The top three skills for an operational risk analyst include risk management, operational risk and risk assessments. The most important skills for a method consultant are java, MWS, and interface design.

Operational risk analyst vs method consultant overview

Operational Risk AnalystMethod Consultant
Yearly salary$82,457$96,167
Hourly rate$39.64$46.23
Growth rate23%23%
Number of jobs24,21222,979
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 64%
Average age4545
Years of experience--

Operational risk analyst vs method consultant salary

Operational risk analysts and method consultants have different pay scales, as shown below.

Operational Risk AnalystMethod Consultant
Average salary$82,457$96,167
Salary rangeBetween $60,000 And $112,000Between $74,000 And $124,000
Highest paying CitySan Francisco, CASunnyvale, CA
Highest paying stateMarylandCalifornia
Best paying companyPayPalSoftware AG
Best paying industryAutomotiveProfessional

Differences between operational risk analyst and method consultant education

There are a few differences between an operational risk analyst and a method consultant in terms of educational background:

Operational Risk AnalystMethod Consultant
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 64%
Most common majorBusinessComputer Science
Most common collegeUniversity of Southern CaliforniaMassachusetts Institute of Technology

Operational risk analyst vs method consultant demographics

Here are the differences between operational risk analysts' and method consultants' demographics:

Operational Risk AnalystMethod Consultant
Average age4545
Gender ratioMale, 45.5% Female, 54.5%Male, 80.0% Female, 20.0%
Race ratioBlack 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, 12.6% Unknown, 5.9% Hispanic or Latino, 12.5% Asian, 13.0% White, 55.4% American Indian and Alaska Native, 0.6%
LGBT Percentage9%9%

Differences between operational risk analyst and method consultant duties and responsibilities

Operational risk analyst example responsibilities.

  • Manage and update SQL databases to solve technical problems.
  • Manage treasury workstation steering team for automation of core treasury operations for increase reliability of financial reporting and decision making.
  • Prepare SAR (suspicious activity reports) reports to cases.
  • Apply knowledge of fixed-income securities to structure restrictions on exposure to risk.
  • Review, document & investigate transactions to ensure rules set by BSA are followed.
  • Perform reconciliations to improve efficiency and control of securities, commodities, and futures businesses.
  • Show more

Method consultant example responsibilities.

  • Create schedulers to post the JMS messages that will kick off the process where require to automate the business processes.
  • Manage secure communication using webMethods through HTTPS port, digital certificates, encryption / decryption and proxy authentication.
  • Project leadership, strategy and health information management consulting services to healthcare and manage care organizations and health information technology companies.
  • Gain knowledge of encryption techniques like PGP.
  • Design BPM for request processing, batch processing and PGP encryption of RFI payloads.
  • Develop flow services to pull files from FTP server and configure the flow services in schedulers.
  • Show more

Operational risk analyst vs method consultant skills

Common operational risk analyst skills
  • Risk Management, 17%
  • Operational Risk, 15%
  • Risk Assessments, 8%
  • Strong Analytical, 5%
  • Internal Audit, 4%
  • Internal Controls, 4%
Common method consultant skills
  • Java, 8%
  • MWS, 8%
  • Interface Design, 6%
  • SFTP, 4%
  • FTP, 4%
  • XML Spy, 4%

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