FIND PERSONALIZED JOBS
Sign up to Zippia and discover your career options with your personalized career search.
Sorry, we can't find that. Please try a different city or state.

Senior Risk Analyst Overview

This job has expired and is no longer available.
APPLY NOW
Apply Now
×
FIND
PERSONALIZED JOBS

Sorry, we can't find that. Please try a different city or state.

CONTENT HAS
BEEN UNLOCKED
Close this window to view unlocked content
or
find interesting jobs in

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign Up

SIGN UP TO UNLOCK CONTENT

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

Log In

Log In to Save

Sign Up to Save

Sign Up to Dismiss

Sign up to save the job and get personalized job recommendations.

Sign up to dismiss the job and get personalized job recommendations.

or

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

Email and password are mandatory

Already have an account? Log in

reset password

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

Back to Log In

Company Saved

Answer a few questions and view jobs at that match your preferences.

Where do you want to work?

Job Saved

See your Saved Jobs now

or

find more interesting jobs in

Job Dismissed

Find better matching jobs in

Your search has been saved!

Working As a Senior 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

  • $92,000

    Average Salary

What Does A Senior 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 Senior 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

Do you work as a Senior Risk Analyst?

Send To A Friend

Senior Risk Analyst Jobs

NO RESULTS

Aw snap, no jobs found.

Add To My Jobs

Senior Risk Analyst Career Paths

Senior Risk Analyst
Share

Average Length of Employment
Staff Analyst 3.8 years
Risk Manager 3.5 years
Principal Analyst 3.4 years
Senior Analyst 3.3 years
Chief Risk Officer 3.1 years
Reporting Analyst 2.5 years
Analyst 2.4 years
Risk Analyst 2.3 years
Top Careers Before Senior Risk Analyst
Risk Analyst 18.7%
Analyst 9.0%
Internship 4.8%
Consultant 4.3%
Manager 3.6%
Accountant 3.1%
Top Careers After Senior Risk Analyst
Risk Manager 15.3%
Consultant 6.5%
Manager 4.4%
Analyst 4.0%

Do you work as a Senior Risk Analyst?

Average Yearly Salary
$92,000
Show Salaries
$72,000
Min 10%
$92,000
Median 50%
$92,000
Median 50%
$92,000
Median 50%
$92,000
Median 50%
$92,000
Median 50%
$92,000
Median 50%
$92,000
Median 50%
$118,000
Max 90%
Best Paying Company
American International Group
Highest Paying City
Washington, DC
Highest Paying State
New York
Avg Experience Level
3.2 years
How much does a Senior Risk Analyst make at top companies?
The national average salary for a Senior Risk Analyst in the United States is $92,911 per year or $45 per hour. Those in the bottom 10 percent make under $73,000 a year, and the top 10 percent make over $118,000.

Real Senior Risk Analyst Salaries

Job Title Company Location Start Date Salary
Senior Risk Management Research Analyst Quantitative Risk Management Chicago, IL Nov 21, 2016 $190,000
Senior Risk Data Analyst First Republic Bank San Francisco, CA Jul 27, 2016 $160,000
Senior Risk Data Analyst First Republic Bank San Francisco, CA Jan 02, 2015 $160,000
Senior Quantitative Risk Analyst Pine River Capital Management LP Minnetonka, MN Aug 07, 2015 $155,000
Senior Manager Risk Analyst Transamerica Life Insurance Company Baltimore, MD Jan 08, 2015 $153,192 -
$203,000
Senior Manager Risk Analyst Transamerica Life Insurance Company Baltimore, MD Aug 01, 2015 $153,192 -
$203,000
Senior Risk Analyst HSBC Bank USA, N.A. New York, NY Dec 08, 2016 $150,000
Senior Quantitative Rate Risk Analyst The Bank of New York Mellon New York, NY Dec 10, 2015 $150,000
Senior Quantitative Analyst, Risk Analystics Group Anchorage Capital Group, L.L.C. New York, NY Jul 09, 2015 $150,000
Senior Risk Analyst HSBC Bank USA, N.A. New York, NY Feb 18, 2016 $142,688
Senior Risk Analyst AIG Global Asset Management Holdings Corp. New York, NY Mar 30, 2015 $132,000
SR. Safety In Design Risk Analyst Riskbytes Inc. Houston, TX Sep 10, 2015 $131,435
Senior Risk Analyst Lendingclub Corporation San Francisco, CA Aug 02, 2016 $130,000
Senior Risk Services Analyst Prosper Marketplace, Inc. San Francisco, CA Aug 07, 2015 $110,000
Senior Risk Analyst AIG PC Global Services, Inc. New York, NY Jul 12, 2015 $110,000
Senior Risk Services Analyst Prosper Marketplace, Inc. San Francisco, CA Jul 08, 2015 $110,000
Senior Risk Analyst BAHA Industries Corp. New York, NY Sep 16, 2015 $110,000
Senior Risk Analyst American General Life Insurance Company Los Angeles, CA Sep 01, 2015 $110,000
Senior Risk Analyst Transamerica Life Insurance Company Baltimore, MD Mar 15, 2016 $107,328 -
$124,000
Senior Risk Analyst AIG PC Global Services, Inc. New York, NY Aug 21, 2015 $106,000
Senior Risk Analyst American General Life Insurance Company Los Angeles, CA Nov 28, 2016 $105,830
Senior Risk Analyst Barclays Bank Delaware Wilmington, DE Jan 09, 2016 $91,000
Senior Risk Management Analyst Visa U.S.A. Inc. Foster City, CA Jul 27, 2015 $90,400 -
$144,600
SR. Risk Analyst Elevate Credit Service LLC Fort Worth, TX Apr 19, 2016 $90,100
Risk Analytics Senior Federal Home Loan Mortgage Co. McLean, VA Mar 26, 2015 $90,100 -
$120,700
Ccar Senior Quantitative Risk Analyst Santander Bank, N.A. Boston, MA Aug 19, 2015 $90,000 -
$110,000
Ccar Senior Quantitative Risk Analyst Santander Bank, N.A. MA Aug 26, 2016 $90,000 -
$120,000
Senior Risk Analyst Barclays Bank Delaware Wilmington, DE Aug 03, 2016 $90,000

No Results

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

See More Salaries

Top Skills for A Senior Risk Analyst

  1. Ensure Compliance
  2. Financial Statements
  3. Risk Management
You can check out examples of real life uses of top skills on resumes here:
  • Monitored all traders daily activity to ensure compliance with limits of authority and that all trades were entered timely and accurately.
  • Reviewed financial statements for quarterly Federal Electricity Regulatory Commission (FERC) fillings for Midwest area.
  • Assisted portfolio management teams in implementing risk management process into their portfolio construction methods by developing and enhancing portfolio modeling tools.
  • Conducted performance analysis of strategy proposals, communicated credit policy changes to appropriate business lines; addressed resources/implementation concerns on losses.
  • Develop and document better processes for a more streamlined approach for handling self-assessment and yearly audit procedures for Tricare.

Rank:

Average Salary:

Embed On Your Website

Top 10 Best States for Senior Risk Analysts

  1. New York
  2. District of Columbia
  3. New Jersey
  4. Connecticut
  5. Maryland
  6. Massachusetts
  7. Virginia
  8. Rhode Island
  9. Washington
  10. North Carolina
  • (1,511 jobs)
  • (635 jobs)
  • (700 jobs)
  • (286 jobs)
  • (734 jobs)
  • (830 jobs)
  • (1,526 jobs)
  • (105 jobs)
  • (453 jobs)
  • (751 jobs)

Senior Risk Analyst Demographics

Gender

Male

52.7%

Female

34.6%

Unknown

12.7%
Ethnicity

White

52.8%

Asian

17.4%

Hispanic or Latino

14.5%

Black or African American

10.9%

Unknown

4.4%
Show More
Foreign Languages Spoken

Spanish

47.8%

Chinese

8.7%

Russian

8.7%

Japanese

6.5%

Hindi

6.5%

Portuguese

4.3%

Mandarin

4.3%

Gujarati

2.2%

German

2.2%

Persian

2.2%

Polish

2.2%

Urdu

2.2%

Thai

2.2%
Show More

Senior Risk Analyst Education

Schools

University of Phoenix

12.4%

Columbia University

7.6%

New York University

6.7%

Georgia State University

5.8%

Texas A&M University

5.8%

University of Texas at Austin

5.8%

Ohio State University

5.3%

University of Texas at Dallas

4.9%

University of Houston

4.9%

University of Delaware

4.9%

University of Chicago

4.9%

George Washington University

4.4%

Northeastern University

4.0%

Arizona State University

3.6%

Southern Methodist University

3.6%

University of North Texas

3.1%

University of Texas at San Antonio

3.1%

Temple University

3.1%

Pennsylvania State University

3.1%

Cornell University

3.1%
Show More
Majors

Business

29.5%

Finance

25.1%

Accounting

9.6%

Economics

7.0%

Management

4.5%

Statistics

3.2%

Mathematics

2.4%

Management Science

1.6%

Criminal Justice

1.6%

Psychology

1.6%

Computer Information Systems

1.6%

Marketing

1.6%

Communication

1.5%

Political Science

1.5%

Management Information Systems

1.4%

Project Management

1.4%

Computer Science

1.3%

Human Resources Management

1.3%

Information Technology

1.3%

Operations Research

1.2%
Show More
Degrees

Masters

41.8%

Bachelors

38.0%

Other

10.3%

Doctorate

4.1%

Associate

2.6%

Certificate

2.3%

Diploma

0.5%

License

0.3%
Show More

Job type you want
Full Time
Part Time
Internship
Temporary

Top Senior Risk Analyst Employers

Jobs From Top Senior Risk Analyst Employers

Related To Your Recently Viewed Content

Updated May 19, 2020