Risk analyst vs staff analyst

The differences between risk analysts and staff 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 staff analyst. Additionally, a staff analyst has an average salary of $99,158, 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 a staff analyst are project management, process improvement, and technical support.

Risk analyst vs staff analyst overview

	Risk Analyst	Staff Analyst
Yearly salary	$81,484	$99,158
Hourly rate	$39.17	$47.67
Growth rate	9%	11%
Number of jobs	71,284	174,178
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 68%
Average age	40	44
Years of experience	4	4

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 a staff analyst do?

Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have. They also assess the current roles in the company to see if those roles are really needed. Staff Analysts ensure that the manpower allocation in the company is efficient. They analyze staff-related data to check whether there are more areas for improvement. Staff Analysts may also be assigned to come up with projects related to improving productivity.

Risk analyst vs staff analyst salary

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

	Risk Analyst	Staff Analyst
Average salary	$81,484	$99,158
Salary range	Between $59,000 And $112,000	Between $71,000 And $136,000
Highest paying City	San Francisco, CA	San Francisco, CA
Highest paying state	Connecticut	New Jersey
Best paying company	The Citadel	Bayer
Best paying industry	Manufacturing	Technology

Differences between risk analyst and staff analyst education

There are a few differences between a risk analyst and a staff analyst in terms of educational background:

	Risk Analyst	Staff Analyst
Most common degree	Bachelor's Degree, 71%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	University of Pennsylvania	Northwestern University

Risk analyst vs staff analyst demographics

Here are the differences between risk analysts' and staff analysts' demographics:

	Risk Analyst	Staff Analyst
Average age	40	44
Gender ratio	Male, 53.4% Female, 46.6%	Male, 47.6% Female, 52.4%
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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.1% White, 66.4% American Indian and Alaska Native, 0.2%
LGBT Percentage	7%	12%

Differences between risk analyst and staff analyst 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.

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Staff analyst example responsibilities.

Develop infrastructure to enable clients to better understand and manage risks associate with their decision environment to capture opportunities.
Communicate with design engineers to obtain weekly status of engineering documents and update spreadsheet and charts in SharePoint.
Project manager for derivative processing on the accounting platform including creating a steam line process and validating tickets for accuracy.
Provide statistically orient in-depth market analyses using SAS for specific construction products including concrete, oil, steel and machinery equipment.
Deliver an innovative data visualization capability.
Monitor and analyze critical path of material flows and trends, coordinate material synchronization within the MRP system to maximize profitability.

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Risk analyst vs staff analyst skills

Common risk analyst skills

Risk Management, 19%
Risk Assessments, 6%
PowerPoint, 6%
Portfolio, 5%
Data Analysis, 4%
SAS, 3%

Common staff analyst skills

Project Management, 9%
Process Improvement, 7%
Technical Support, 6%
Windows, 6%
SQL, 6%
Logistics, 5%

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Updated January 8, 2025

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