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Reports analysis manager vs risk manager

The differences between reports analysis managers and risk managers can be seen in a few details. Each job has different responsibilities and duties. It typically takes 6-8 years to become both a reports analysis manager and a risk manager. Additionally, a risk manager has an average salary of $116,072, which is higher than the $96,576 average annual salary of a reports analysis manager.

The top three skills for a reports analysis manager include data analysis, financial analysis and data management. The most important skills for a risk manager are oversight, risk assessments, and project management.

Reports analysis manager vs risk manager overview

Reports Analysis ManagerRisk Manager
Yearly salary$96,576$116,072
Hourly rate$46.43$55.80
Growth rate17%17%
Number of jobs64,21375,795
Job satisfaction--
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 66%
Average age4646
Years of experience88

What does a reports analysis manager do?

A reports analysis manager oversees the design and delivery of reports then analyzes the reports to evaluate business functions and key operations and performance metrics. They also recruit, train, develop and supervise analyst-level employees. They also ensure the accuracy of data and deliverables of reporting employees with comprehensive policies and processes. Examining and analyzing reports for stakeholders and leadership is also important in this role.

What does a risk manager do?

A risk manager is responsible for analyzing potential risks that may affect the organization's operations, reputation, and market credibility. Risk managers identify risk controls and discuss business contingency plans for unforeseen circumstances to prevent delays in operational services. They also develop compliance training and programs for all the employees to provide them the awareness of the safety and security regulations within the company premises. A risk manager must have excellent communication and leadership skills, especially on handling and investigating cases that might compromise the business stability and financial status.

Reports analysis manager vs risk manager salary

Reports analysis managers and risk managers have different pay scales, as shown below.

Reports Analysis ManagerRisk Manager
Average salary$96,576$116,072
Salary rangeBetween $73,000 And $127,000Between $84,000 And $160,000
Highest paying CityManchester, NHSan Francisco, CA
Highest paying stateMontanaCalifornia
Best paying companyRackspaceCredit Karma
Best paying industryEnergyTechnology

Differences between reports analysis manager and risk manager education

There are a few differences between a reports analysis manager and a risk manager in terms of educational background:

Reports Analysis ManagerRisk Manager
Most common degreeBachelor's Degree, 68%Bachelor's Degree, 66%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Reports analysis manager vs risk manager demographics

Here are the differences between reports analysis managers' and risk managers' demographics:

Reports Analysis ManagerRisk Manager
Average age4646
Gender ratioMale, 64.8% Female, 35.2%Male, 59.3% Female, 40.7%
Race ratioBlack or African American, 7.7% Unknown, 4.1% Hispanic or Latino, 14.7% Asian, 9.3% White, 63.8% American Indian and Alaska Native, 0.3%Black or African American, 7.5% Unknown, 4.1% Hispanic or Latino, 14.4% Asian, 10.1% White, 63.5% American Indian and Alaska Native, 0.3%
LGBT Percentage11%11%

Differences between reports analysis manager and risk manager duties and responsibilities

Reports analysis manager example responsibilities.

  • Prepare payroll and manage all human resource functions including recruitment, training and performance reviews for all administrative and financial personnel.
  • Analyze various financial and operational KPI reports for actual compare to goals, projections and historical trends and recommend corrective actions.
  • Direct implementation team for year-two detail XBRL tagging solution.
  • Increase financial reporting cycle efficiency through ERP software module implementations.
  • Develop financial reporting process generating reports directly from ERP system.
  • Maintain the acceptable level of disclosure controls as required under Sarbanes-Oxley.
  • Show more

Risk manager example responsibilities.

  • Lead team in addressing Sarbanes-Oxley, HIPAA, and SAS70 compliance and control mandates.
  • Develop procedures and policies to manage site implementation of successful JD Edwards ERP system.
  • Direct staff, manage A/R and reconciliations, petty cash disbursements and tracking of all incoming claims and payments.
  • Manage the loan loss receivables SAS data mart, document change initiatives, implement SAS coding changes and process ongoing updates.
  • Manage accounting procedures and general ledger reconciliations.
  • Lead SOX project planning and implementation, successfully implement the corporate governance policies and internal control framework.
  • Show more

Reports analysis manager vs risk manager skills

Common reports analysis manager skills
  • Data Analysis, 8%
  • Financial Analysis, 6%
  • Data Management, 5%
  • Hyperion, 5%
  • Data Collection, 5%
  • VBA, 5%
Common risk manager skills
  • Oversight, 10%
  • Risk Assessments, 6%
  • Project Management, 6%
  • Portfolio, 5%
  • Strong Analytical, 4%
  • Operational Risk, 4%

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