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Operational risk analyst vs procedure analyst

The differences between operational risk analysts and procedure 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 $78,351 average annual salary of a procedure analyst.

The top three skills for an operational risk analyst include risk management, operational risk and risk assessments. The most important skills for a procedure analyst are audit findings, policy changes, and simplification.

Operational risk analyst vs procedure analyst overview

Operational Risk AnalystProcedure Analyst
Yearly salary$82,457$78,351
Hourly rate$39.64$37.67
Growth rate23%23%
Number of jobs24,21216,637
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 68%
Average age4545
Years of experience--

Operational risk analyst vs procedure analyst salary

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

Operational Risk AnalystProcedure Analyst
Average salary$82,457$78,351
Salary rangeBetween $60,000 And $112,000Between $55,000 And $109,000
Highest paying CitySan Francisco, CA-
Highest paying stateMaryland-
Best paying companyPayPal-
Best paying industryAutomotive-

Differences between operational risk analyst and procedure analyst education

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

Operational Risk AnalystProcedure Analyst
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 68%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Operational risk analyst vs procedure analyst demographics

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

Operational Risk AnalystProcedure Analyst
Average age4545
Gender ratioMale, 45.5% Female, 54.5%Male, 41.9% Female, 58.1%
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, 13.3% Unknown, 6.0% Hispanic or Latino, 13.8% Asian, 8.4% White, 57.9% American Indian and Alaska Native, 0.6%
LGBT Percentage9%9%

Differences between operational risk analyst and procedure 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.
  • Show more

Procedure analyst example responsibilities.

  • Manage all logistics and supply chain operations that facilitate sales delivery with minimal disruption to distribution, following all compliance standards.
  • Create SQL queries to extract daily and monthly commission data for analysis.
  • Automate inventory quality reports by applying working knowledge of DB2, QMF, VM and SQL.
  • Reduce budget by $850K in costs by clarifying telecommunication expenses being charge back to MetraHealth by MetLife.
  • Establish senior personnel's sustainable metric packages on behalf of MetLife to foster environmental awareness and concerns to their customers.
  • Identify issues and make suggestions regarding improvements and simplification if existing process.
  • Show more

Operational risk analyst vs procedure 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 procedure analyst skills
  • Audit Findings, 21%
  • Policy Changes, 12%
  • Simplification, 6%
  • Training Materials, 6%
  • Process Improvement, 5%
  • SharePoint, 4%

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