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Operational risk analyst vs senior inventory analyst

The differences between operational risk analysts and senior inventory 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 $80,045 average annual salary of a senior inventory analyst.

The top three skills for an operational risk analyst include risk management, operational risk and risk assessments. The most important skills for a senior inventory analyst are supply chain, logistics, and manage inventory.

Operational risk analyst vs senior inventory analyst overview

Operational Risk AnalystSenior Inventory Analyst
Yearly salary$82,457$80,045
Hourly rate$39.64$38.48
Growth rate23%23%
Number of jobs24,21230,328
Job satisfaction-5
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 75%
Average age4545
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 a senior inventory analyst do?

A senior inventory analyst plays a vital role in optimizing a company's supply chain and inventory operations. They spearhead research projects, gather and analyze consumer and market data, study the behavior of external business partners and competitors, develop sales forecasts, conduct risk assessments, and develop business strategies. Through their research findings, a senior inventory analyst generates detailed reports that help companies make decisions. Moreover, as a senior inventory analyst, it is essential to oversee junior specialists and lead staff to reach goals while implementing company standards and regulations.

Operational risk analyst vs senior inventory analyst salary

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

Operational Risk AnalystSenior Inventory Analyst
Average salary$82,457$80,045
Salary rangeBetween $60,000 And $112,000Between $58,000 And $109,000
Highest paying CitySan Francisco, CASan Francisco, CA
Highest paying stateMarylandWashington
Best paying companyPayPalAmazon
Best paying industryAutomotiveManufacturing

Differences between operational risk analyst and senior inventory analyst education

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

Operational Risk AnalystSenior Inventory Analyst
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 75%
Most common majorBusinessBusiness
Most common collegeUniversity of Southern CaliforniaUniversity of Southern California

Operational risk analyst vs senior inventory analyst demographics

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

Operational Risk AnalystSenior Inventory Analyst
Average age4545
Gender ratioMale, 45.5% Female, 54.5%Male, 58.0% Female, 42.0%
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, 12.7% Unknown, 6.0% Hispanic or Latino, 14.5% Asian, 8.4% White, 57.8% American Indian and Alaska Native, 0.6%
LGBT Percentage9%9%

Differences between operational risk analyst and senior inventory 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

Senior inventory analyst example responsibilities.

  • Develop, implement, and manage an effective cycle count program for raw materials, WIP, and finish goods.
  • Monitor KPI life cycles via ladder plans down to SKU level and collaborate with teams and vendors to manage exit strategies.
  • Manage production and non-production stockrooms to ensure that inventory FIFO exceed industry standards.
  • Maintain accurate level of material in the ERP system.
  • Develop an initial Kanban sizing, SAPA and ERP systems for all manufacture parts.
  • Improve data integrity by correcting CIMPRO MRP database, system logic errors & transaction procedures.
  • Show more

Operational risk analyst vs senior inventory 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 senior inventory analyst skills
  • Supply Chain, 17%
  • Logistics, 10%
  • Manage Inventory, 7%
  • SR, 6%
  • Process Improvement, 6%
  • Inventory Planning, 4%

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