FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

or

The email and password you specified are invalid. Please, try again.

Email and password are mandatory

Forgot Password?

Don't have an account? Sign Up

reset password

Enter your email address and we will send you a link to reset your password.

Back to Log In

FIND
PERSONALIZED JOBS

Become A Risk Analyst

Where do you want to work?

To get started, tell us where you'd like to work.
Sorry, we can't find that. Please try a different city or state.

Working As A Risk Analyst

  • Getting Information
  • Communicating with Supervisors, Peers, or Subordinates
  • Establishing and Maintaining Interpersonal Relationships
  • Analyzing Data or Information
  • Organizing, Planning, and Prioritizing Work
  • Deal with People

  • Mostly Sitting

  • $80,000

    Average Salary

What Does A Risk Analyst Do

Management analysts, often called management consultants, propose ways to improve an organization’s efficiency. They advise managers on how to make organizations more profitable through reduced costs and increased revenues.

Duties

Management analysts typically do the following:

  • Gather and organize information about the problem to be solved or the procedure to be improved
  • Interview personnel and conduct onsite observations to determine the methods, equipment, and personnel that will be needed
  • Analyze financial and other data, including revenue, expenditure, and employment reports
  • Develop solutions or alternative practices
  • Recommend new systems, procedures, or organizational changes
  • Make recommendations to management through presentations or written reports
  • Confer with managers to ensure changes are working

Although some management analysts work for the organization that they analyze, most work as consultants on a contractual basis. 

Whether they are self-employed or part of a large consulting company, the work of a management analyst may vary from project to project. Some projects require a team of consultants, each specializing in one area. In other projects, consultants work independently with the client organization’s managers.

Management analysts often specialize in certain areas, such as inventory management or reorganizing corporate structures to eliminate duplicate and nonessential jobs. Some consultants specialize in a specific industry, such as healthcare or telecommunications. In government, management analysts usually specialize by type of agency.

Organizations hire consultants to develop strategies for entering and remaining competitive in today’s marketplace.

Management analysts who work on contract may write proposals and bid for jobs. Typically, an organization that needs the help of a management analyst solicits proposals from a number of consultants and consulting companies that specialize in the needed work. Those who want the work must then submit a proposal by the deadline that explains how the consultant will do the work, who will do the work, why they are the best consultants to do the work, what the schedule will be, and how much it will cost. The organization that needs the consultants then selects the proposal that best meets its needs and budget.

Show More

Show Less

How To Become A Risk Analyst

Most management analysts have at least a bachelor’s degree. The Certified Management Consultant (CMC) designation may improve job prospects.

Education

A bachelor’s degree is the typical entry-level requirement for management analysts. However, some employers prefer to hire candidates who have a master’s degree in business administration (MBA).

Few colleges and universities offer formal programs in management consulting. However, many fields of study provide a suitable education because of the range of areas that management analysts address. Common fields of study include business, management, economics, political science and government, accounting, finance, marketing, psychology, computer and information science, and English.

Analysts also routinely attend conferences to stay up to date on current developments in their field.

Licenses, Certifications, and Registrations

The Institute of Management Consultants USA (IMC USA) offers the Certified Management Consultant (CMC) designation to those who meet minimum levels of education and experience, submit client reviews, and pass an interview and exam covering the IMC USA’s code of ethics. Management consultants with a CMC designation must be recertified every 3 years. Management analysts are not required to get certification, but it may give jobseekers a competitive advantage.

Work Experience in a Related Occupation

Many analysts enter the occupation with several years of work experience. Organizations that specialize in certain fields typically try to hire candidates who have experience in those areas. Typical work backgrounds include experience in management, human resources, and information technology. 

Advancement

As consultants gain experience, they often take on more responsibility. At the senior level, consultants may supervise teams working on more complex projects and become more involved in seeking out new business. Those with exceptional skills may eventually become partners in their consulting organization and focus on attracting new clients and bringing in revenue. Senior consultants who leave their consulting company often move to senior management positions at nonconsulting organizations.

Important Qualities

Analytical skills. Management analysts must be able to interpret a wide range of information and use their findings to make proposals.

Communication skills. Management analysts must be able to communicate clearly and precisely in both writing and speaking. Successful analysts also need good listening skills to understand the organization’s problems and propose appropriate solutions.

Interpersonal skills. Management analysts must work with managers and other employees of the organizations where they provide consulting services. They should work as a team toward achieving the organization’s goals. 

Problem-solving skills. Management analysts must be able to think creatively to solve clients’ problems. Although some aspects of different clients’ problems may be similar, each situation is likely to present unique challenges for the analyst to solve.

Time-management skills. Management analysts often work under tight deadlines and must use their time efficiently to complete projects on time.

Show More

Show Less

Risk Analyst jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Risk Analyst Career Paths

Risk Analyst
Compliance Analyst Business Analyst Senior Finance Analyst
Accounting Manager
7 Yearsyrs
Senior Finance Analyst Controller Operations Manager
Assistant Vice President
7 Yearsyrs
Senior Analyst Senior Finance Analyst Controller
Corporate Controller
12 Yearsyrs
Assistant Vice President Human Resources Coordinator
Director Of Human Resources
10 Yearsyrs
Senior Analyst Senior Manager Controller
Finance Controller
9 Yearsyrs
Business Analyst Senior Finance Analyst
Finance Manager
7 Yearsyrs
Investment Analyst Finance Analyst Senior Finance Analyst
Finance Planning Manager
8 Yearsyrs
Office Manager Accountant Senior Finance Analyst
Finance Project Manager
7 Yearsyrs
Business Analyst Product Manager Marketing Manager
General Manager
7 Yearsyrs
Compliance Analyst Assistant Vice President
Manager, Assistant Vice President
7 Yearsyrs
Assistant Vice President Project Manager Construction Manager
Operations Manager
7 Yearsyrs
Senior Underwriter Quality Control Program Manager
Portfolio Manager
7 Yearsyrs
Senior Consultant Program Manager Human Resources Generalist
Senior Human Resources Generalist
7 Yearsyrs
Risk Manager Safety Manager Human Resources Manager
Senior Human Resources Manager
9 Yearsyrs
Senior Consultant Senior Project Manager President Of Operations
Senior Vice President-Operations
13 Yearsyrs
Senior Underwriter Account Executive Recruiter
Talent Acquisition Manager
9 Yearsyrs
Senior Finance Analyst Assistant Vice President
Vice President And Manager
10 Yearsyrs
Senior Risk Analyst Risk Manager Senior Manager
Vice President Of Information Technology
12 Yearsyrs
Investment Analyst Business Analyst Assistant Vice President
Vice President Operation Manager
9 Yearsyrs
Risk Manager Senior Manager Business Developer
Vice President, Business Development
13 Yearsyrs
Show More

Risk Analyst Demographics

Gender

Male

49.8%

Female

43.7%

Unknown

6.4%
Ethnicity

White

68.2%

Asian

17.0%

Hispanic or Latino

11.1%

Unknown

2.6%

Black or African American

1.1%
Show More
Languages Spoken

Spanish

36.9%

Mandarin

12.2%

Chinese

9.9%

French

9.0%

Portuguese

4.1%

Arabic

4.1%

German

3.2%

Italian

2.7%

Hindi

2.3%

Russian

2.3%

Cantonese

2.3%

Japanese

2.3%

Carrier

1.8%

Urdu

1.4%

Polish

1.4%

Romanian

0.9%

Somali

0.9%

Yoruba

0.9%

Thai

0.9%

Hebrew

0.9%
Show More

Risk Analyst Education

Schools

University of Phoenix

13.1%

University of Houston

6.8%

Wilmington University

5.8%

University of Texas at Austin

5.8%

University of Connecticut

5.8%

Northeastern University

5.5%

Columbia University

5.0%

Pennsylvania State University

4.7%

Texas A&M University

4.7%

New York University

4.5%

Boston University

4.5%

University of Chicago

4.2%

Ohio State University

3.9%

Cornell University

3.9%

University of Delaware

3.9%

Florida State University

3.9%

University of Texas at San Antonio

3.7%

Franklin University

3.4%

George Washington University

3.4%

Arizona State University

3.4%
Show More
Majors

Business

24.9%

Finance

24.7%

Accounting

7.9%

Economics

5.4%

Management

5.1%

Criminal Justice

3.6%

Statistics

3.1%

Mathematics

3.1%

Computer Science

2.7%

Political Science

2.5%

Communication

2.4%

Law

2.3%

Psychology

2.0%

Marketing

1.8%

Management Science

1.7%

Education

1.5%

Management Information Systems

1.5%

Information Technology

1.3%

Computer Information Systems

1.3%

Legal Support Services

1.2%
Show More
Degrees

Bachelors

42.0%

Masters

34.9%

Other

12.5%

Associate

4.0%

Doctorate

3.3%

Certificate

2.7%

Diploma

0.4%

License

0.2%
Show More
Job type you want
Full Time
Part Time
Internship
Temporary

Real Risk Analyst Salaries

Job Title Company Location Start Date Salary
Risk Analyst Lead, Model Validation Governance AIG Employee Services, Inc. New York, NY Jul 18, 2016 $172,037
Risk Analyst 3 EBAY, Inc. San Jose, CA May 04, 2015 $170,000
Financial Risk Analyst MJ Boyd LLC New York, NY Nov 21, 2016 $166,000
Financial Risk Analyst MJ Boyd LLC New York, NY Nov 23, 2015 $165,000
Risk Analyst King Street Capital Management, L.P. New York, NY Jun 21, 2016 $165,000
Risk Analyst 6 Bill Me Later, Inc. Timonium, MD Jun 15, 2015 $162,000
Risk Analyst Balyasny Asset Management, L.P. New York, NY Oct 02, 2016 $160,000
Risk Analyst Balyasny Asset Management New York, NY Aug 28, 2015 $160,000
Quantitative Risk Analyst, Internal Audit Barclays Services Corp New York, NY Nov 14, 2016 $158,300
Risk Analyst Bluemountain Capital Management LLC New York, NY Aug 28, 2015 $155,000
Risk Analyst Saba Capital Management, LP New York, NY Sep 09, 2015 $154,690
Risk Analyst-Structured Products Gravitas Technology Services, LLC New York, NY Oct 05, 2016 $154,690
Risk Analyst 5 Paypal, Inc. San Jose, CA Jan 23, 2015 $150,631
Trading Risk Analyst AQR Capital Management, LLC Greenwich, CT Apr 21, 2016 $150,000 -
$170,000
Risk Analyst Balyasny Asset Management Chicago, IL Nov 25, 2015 $98,800
Fraud Risk Analyst Citicorp Credit Services, Inc. (USA) Islandia, NY Jan 09, 2016 $97,500
Risk & Payments Analyst Facebook, Inc. Menlo Park, CA Aug 09, 2016 $96,387 -
$116,387
Risk Analyst Inovant, LLC Austin, TX Jul 09, 2016 $96,250 -
$106,250
Risk Analyst Moore Capital Management, LP New York, NY Dec 23, 2016 $95,200 -
$115,000
Quantitative Risk Analyst OFI Global Asset Management, Inc. New York, NY Aug 07, 2015 $95,100 -
$111,400
Risk Analyst 2 Paypal, Inc. San Jose, CA Jun 10, 2015 $95,040
Project Risk Analyst Parsons Brinckerhoff Inc. San Francisco, CA Sep 25, 2015 $95,014
Junior Quantitative Risk Analyst The Bank of New York Mellon New York, NY Nov 30, 2015 $82,000
Junior Quantitative Risk Analyst The Bank of New York Mellon Pittsburgh, PA Jun 30, 2015 $82,000
Risk Analyst Aecom Technical Services, Inc. New York, NY Apr 29, 2015 $81,058
Enterprise Risk Analyst III Santander Bank, N.A. Boston, MA Sep 03, 2015 $81,000 -
$101,000
Risk Analyst AIG PC Global Services, Inc. New York, NY Jun 18, 2015 $80,500
Risk Analyst 2 Paypal, Inc. San Jose, CA Sep 05, 2016 $80,438 -
$105,000
Risk Analyst State Street Bank and Trust Company Boston, MA Aug 22, 2016 $80,163 -
$95,163

No Results

To get more results, try adjusting your search by changing your filters.

Show More

Top Skills for A Risk Analyst

FinancialStatementsEnsureComplianceRiskManagementProceduresPortfolioPerformanceFraudulentActivityPotentialLossesPolicyInternalAuditRiskAssessmentFinancialDataSQLServerRiskAnalysisCreditRiskSASAssetsDueDiligenceCreditCardCustomerServiceLiability

Show More

Top Risk Analyst Skills

  1. Financial Statements
  2. Ensure Compliance
  3. Risk Management
You can check out examples of real life uses of top skills on resumes here:
  • Issued approval/decline recommendations upon analysis of credit reports, personal and business tax returns and financial statements, and reference checks.
  • Conducted thorough analysis on investor guidelines to ensure compliance with published guidelines policies and procedures.
  • Performed risk management controls to accurate transaction settlement and recording process.
  • Saved local management 2 hours per day by training the Central Review Unit on 11 new review procedures.
  • Established ongoing communication and interaction with markets to review and evaluate portfolio performance.

Top Risk Analyst Employers

Risk Analyst Videos

Career Advice on becoming a Finance Manager by Sarah B (Full Version)

Career Advice on becoming a Risk Manager by Martyn R (Highlights)

×