Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between operations research analysts and operational risk 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 $74,424 average annual salary of an operations research analyst.
The top three skills for an operations research analyst include operations research, DOD and python. The most important skills for an operational risk analyst are risk management, operational risk, and risk assessments.
| Operations Research Analyst | Operational Risk Analyst | |
| Yearly salary | $74,424 | $82,457 |
| Hourly rate | $35.78 | $39.64 |
| Growth rate | 23% | 23% |
| Number of jobs | 154,380 | 24,212 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Average age | 45 | 45 |
| Years of experience | - | - |
Operations research analysts are responsible for assisting organizations in making better decisions. These professionals work to develop solutions that will aid businesses to operate more efficiently using advanced techniques such as data mining, optimization, and mathematical modeling. They work closely with key organizational stakeholders to stay up-to-date on short-term and long-term business goals. They also conduct research that will give them insights they need to guide decision-makers and develop solutions using predictive modeling, simulations, and statistical analysis.
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.
Operations research analysts and operational risk analysts have different pay scales, as shown below.
| Operations Research Analyst | Operational Risk Analyst | |
| Average salary | $74,424 | $82,457 |
| Salary range | Between $48,000 And $113,000 | Between $60,000 And $112,000 |
| Highest paying City | Washington, DC | San Francisco, CA |
| Highest paying state | Maine | Maryland |
| Best paying company | The Citadel | PayPal |
| Best paying industry | Professional | Automotive |
There are a few differences between an operations research analyst and an operational risk analyst in terms of educational background:
| Operations Research Analyst | Operational Risk Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 67% |
| Most common major | Mathematics | Business |
| Most common college | University of Southern California | University of Southern California |
Here are the differences between operations research analysts' and operational risk analysts' demographics:
| Operations Research Analyst | Operational Risk Analyst | |
| Average age | 45 | 45 |
| Gender ratio | Male, 68.2% Female, 31.8% | Male, 45.5% Female, 54.5% |
| Race ratio | Black or African American, 13.9% Unknown, 5.9% Hispanic or Latino, 12.4% Asian, 12.9% White, 54.4% American Indian and Alaska Native, 0.6% | 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% |
| LGBT Percentage | 9% | 9% |