Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between risk analysts and corporate finance analysts can be seen in a few details. Each job has different responsibilities and duties. It typically takes 2-4 years to become both a risk analyst and a corporate finance analyst. Additionally, a risk analyst has an average salary of $81,484, which is higher than the $76,023 average annual salary of a corporate finance analyst.
The top three skills for a risk analyst include risk management, risk assessments and powerpoint. The most important skills for a corporate finance analyst are financial analysis, strong analytical, and financial models.
| Risk Analyst | Corporate Finance Analyst | |
| Yearly salary | $81,484 | $76,023 |
| Hourly rate | $39.17 | $36.55 |
| Growth rate | 9% | 9% |
| Number of jobs | 71,284 | 114,375 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 76% |
| Average age | 40 | 40 |
| Years of experience | 4 | 4 |
As a risk analyst, you will oversee the identification, assessment, and monitoring of risks that your company has been exposed to. You will evaluate financial documents, potential clients, and economic conditions to determine the level of risk in business decisions. You will be responsible for aggregating data from several sources to develop a comprehensive assessment and create reports, processes, and presentations to better present results. You are also expected to work closely with other team members to analyze and show data effectively.
Corporate finance analysts make significant business decisions based on the data they gather. Typically, corporate finance analysts work within an organization and support management decisions through actionable financial information. They monitor the taxes, expenses, financial statements, and other financial details of where the company sources its income. This position requires a formal qualification in accounting. It also necessitates the analyst to develop interpersonal skills, knowledge in information technology software, financial reporting skills, and experience in management.
Risk analysts and corporate finance analysts have different pay scales, as shown below.
| Risk Analyst | Corporate Finance Analyst | |
| Average salary | $81,484 | $76,023 |
| Salary range | Between $59,000 And $112,000 | Between $52,000 And $109,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | Connecticut | Michigan |
| Best paying company | The Citadel | |
| Best paying industry | Manufacturing | Finance |
There are a few differences between a risk analyst and a corporate finance analyst in terms of educational background:
| Risk Analyst | Corporate Finance Analyst | |
| Most common degree | Bachelor's Degree, 71% | Bachelor's Degree, 76% |
| Most common major | Business | Business |
| Most common college | University of Pennsylvania | University of Pennsylvania |
Here are the differences between risk analysts' and corporate finance analysts' demographics:
| Risk Analyst | Corporate Finance Analyst | |
| Average age | 40 | 40 |
| Gender ratio | Male, 53.4% Female, 46.6% | Male, 63.5% Female, 36.5% |
| Race ratio | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% | Black or African American, 5.6% Unknown, 4.5% Hispanic or Latino, 7.7% Asian, 14.1% White, 68.0% American Indian and Alaska Native, 0.1% |
| LGBT Percentage | 7% | 7% |