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Risk analyst vs investment banker

The differences between risk analysts and investment bankers 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 an investment banker. Additionally, an investment banker has an average salary of $162,715, which is higher than the $81,484 average annual salary of a risk analyst.

The top three skills for a risk analyst include risk management, risk assessments and powerpoint. The most important skills for an investment banker are financial services, discounted cash flow, and capital markets.

Risk analyst vs investment banker overview

Risk AnalystInvestment Banker
Yearly salary$81,484$162,715
Hourly rate$39.17$78.23
Growth rate9%10%
Number of jobs71,28428,460
Job satisfaction--
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Average age4043
Years of experience44

What does a risk analyst do?

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.

What does an investment banker do?

An investment banker is responsible for selling and issuing securities and financial assets to the stock markets to generate money and raise capital for organizations and financial institutions. Investment bankers also work with private clients to advise them of investment options and financial transactions according to the market's condition and clients' interests. They handle the clients' investment portfolios and create propositions for acquisitions and company mergers. An investment banker must have excellent knowledge of the financial and stock industry, as well as having excellent analytical skills to review statistical data and determine the best financial strategies.

Risk analyst vs investment banker salary

Risk analysts and investment bankers have different pay scales, as shown below.

Risk AnalystInvestment Banker
Average salary$81,484$162,715
Salary rangeBetween $59,000 And $112,000Between $95,000 And $276,000
Highest paying CitySan Francisco, CABoston, MA
Highest paying stateConnecticutAlaska
Best paying companyThe CitadelCiti
Best paying industryManufacturingReal Estate

Differences between risk analyst and investment banker education

There are a few differences between a risk analyst and an investment banker in terms of educational background:

Risk AnalystInvestment Banker
Most common degreeBachelor's Degree, 71%Bachelor's Degree, 69%
Most common majorBusinessBusiness
Most common collegeUniversity of PennsylvaniaUniversity of Pennsylvania

Risk analyst vs investment banker demographics

Here are the differences between risk analysts' and investment bankers' demographics:

Risk AnalystInvestment Banker
Average age4043
Gender ratioMale, 53.4% Female, 46.6%Male, 76.2% Female, 23.8%
Race ratioBlack 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, 5.5% Unknown, 4.1% Hispanic or Latino, 11.5% Asian, 12.4% White, 66.2% American Indian and Alaska Native, 0.2%
LGBT Percentage7%6%

Differences between risk analyst and investment banker duties and responsibilities

Risk analyst example responsibilities.

  • Create programs in Java to automate trade execution and ensure market clear downloads are facilitate by the same.
  • Manage financial derivative models to ensure accurate calculation, structure and pricing.
  • Manage investigation and reporting of occurrences to applicable regulatory agencies when indicate and facilitate disclosure to patients and families.
  • Manage litigation through appropriate selection of counsel, developing strategic action plans a while monitoring an active trial calendar.
  • Manage treasury workstation steering team for automation of core treasury operations for increase reliability of financial reporting and decision making.
  • Use SAS and SQL to originate and maintain analytic data marts and automate reporting.
  • Show more

Investment banker example responsibilities.

  • Utilize Bloomberg system and company proprietary research to actively monitor portfolios and manage trading activities to achieve customers' goals.
  • Provide service for existing brokerage accounts, manage accounts, annuities, and securities-base lines of credit.
  • Attain NMLS identification number for mortgage origination.
  • Generate reporting data from Salesforce platform to facilitate growth and manage firm operations.
  • Manage customer portfolios, service relationships, and used profiling analysis tools to identify cross-selling opportunities.
  • Manage a variety of internal initiatives including merchandising, cross-selling, customer retention programs and promotional campaigns.
  • Show more

Risk analyst vs investment banker skills

Common risk analyst skills
  • Risk Management, 19%
  • Risk Assessments, 6%
  • PowerPoint, 6%
  • Portfolio, 5%
  • Data Analysis, 4%
  • SAS, 3%
Common investment banker skills
  • Financial Services, 6%
  • Discounted Cash Flow, 6%
  • Capital Markets, 6%
  • Financial Statements, 6%
  • Client Relationships, 4%
  • Securities, 4%

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