Operational risk analyst vs operations analyst

The differences between operational risk analysts and 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 $63,082 average annual salary of an operations analyst.

The top three skills for an operational risk analyst include risk management, operational risk and risk assessments. The most important skills for an operations analyst are customer service, SQL, and data analysis.

Operational risk analyst vs operations analyst overview

	Operational Risk Analyst	Operations Analyst
Yearly salary	$82,457	$63,082
Hourly rate	$39.64	$30.33
Growth rate	23%	23%
Number of jobs	24,212	141,707
Job satisfaction	-	3
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 72%
Average age	45	45
Years of experience	-	-

What does an operational risk analyst do?

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.

What does an operations analyst do?

Operations analysts serve an essential role within the operations team that supports data management, trade processes, client reporting, and problem resolution. They have to ensure data systems integrity by working closely with the operations team and the client support services manager. Their work focuses on several areas, including maintaining trading systems and portfolio accounting, creating and verifying client performance files, and performing electronic operations reconciliation. To be qualified for this position, one should possess several qualities, including proficient computer skills, excellent communication skills, and attention to detail.

Operational risk analyst vs operations analyst salary

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

	Operational Risk Analyst	Operations Analyst
Average salary	$82,457	$63,082
Salary range	Between $60,000 And $112,000	Between $44,000 And $90,000
Highest paying City	San Francisco, CA	Jersey City, NJ
Highest paying state	Maryland	New Jersey
Best paying company	PayPal	Intuitive Surgical
Best paying industry	Automotive	Finance

Differences between operational risk analyst and operations analyst education

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

	Operational Risk Analyst	Operations Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 72%
Most common major	Business	Business
Most common college	University of Southern California	University of Southern California

Operational risk analyst vs operations analyst demographics

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

	Operational Risk Analyst	Operations Analyst
Average age	45	45
Gender ratio	Male, 45.5% Female, 54.5%	Male, 58.8% Female, 41.2%
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, 12.6% Unknown, 6.0% Hispanic or Latino, 13.8% Asian, 11.2% White, 55.8% American Indian and Alaska Native, 0.6%
LGBT Percentage	9%	9%

Differences between operational risk analyst and operations analyst 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.

Operations analyst example responsibilities.

Manage EDI error processing and exception reporting and interface with the state exchanges to facilitate resolution.
Excel in liaising between business and technical areas to achieve on-time, on-budget and on-spec project completions.
Develop VBA macros to automate various data intensive processes
Manage IP distribution services domestically and globally to enterprise and broadband customers.
Manage small-scale projects from inception to implementation following BCUS SDLC project methodology.
Manage the month-end financial statement reporting process, including journal entry preparation, and account reconciliations.

Operational risk analyst vs operations analyst 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 operations analyst skills

Customer Service, 10%
SQL, 6%
Data Analysis, 6%
Project Management, 5%
Process Improvement, 5%
Strong Analytical, 4%

Operational Risk Analyst vs. similar jobs

Operational Risk Analyst related careers

Operational Risk Analyst related jobs

What similar roles do

Zippia Careers
Computer and Mathematical Industry
Operational Risk Analyst
Operational Risk Analyst vs Operations Analyst

Updated January 8, 2025

Browse computer and mathematical jobs