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The differences between senior risk analysts and analyst leads can be seen in a few details. Each job has different responsibilities and duties. While it typically takes 2-4 years to become a senior risk analyst, becoming an analyst lead takes usually requires 4-6 years. Additionally, an analyst lead has an average salary of $95,264, which is higher than the $94,366 average annual salary of a senior risk analyst.
The top three skills for a senior risk analyst include risk management, SQL and portfolio. The most important skills for an analyst lead are analytics, data analysis, and project management.
| Senior Risk Analyst | Analyst Lead | |
| Yearly salary | $94,366 | $95,264 |
| Hourly rate | $45.37 | $45.80 |
| Growth rate | 11% | 9% |
| Number of jobs | 63,964 | 122,353 |
| Job satisfaction | - | - |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| Average age | 44 | 43 |
| Years of experience | 4 | 6 |
A senior risk analyst specializes in performing extensive research and analysis to identify the potential financial losses or disadvantages a company may face when making business decisions. Their responsibilities typically revolve around liaising with clients, coordinating with different departments to gather extensive data, monitoring the stock market, and studying competitors. Furthermore, a senior risk analyst may also prepare documentation and presentation for higher-ranking officials, maintain records of transactions, and serve as a mentor to junior analysts, all while adhering to the company's policies and regulations.
The duties of an analyst lead depend on one's line of work or industry of employment. Typically, their responsibilities revolve around performing research and analysis, coordinating with different departments to gather leads and data, reviewing findings, and producing reports and presentations for the stakeholders and other higher-ranking officials. Through the results, an analyst lead can provide advice, devise strategies for business optimization, spearhead the development of processes, identify strengths and weaknesses, and offer recommendations on areas in need of improvement. All of this is done while in adherence to the company's vision and mission.
Senior risk analysts and analyst leads have different pay scales, as shown below.
| Senior Risk Analyst | Analyst Lead | |
| Average salary | $94,366 | $95,264 |
| Salary range | Between $69,000 And $127,000 | Between $74,000 And $122,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Credit Karma | |
| Best paying industry | Energy | Finance |
There are a few differences between a senior risk analyst and an analyst lead in terms of educational background:
| Senior Risk Analyst | Analyst Lead | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 66% |
| Most common major | Business | Business |
| Most common college | Northwestern University | University of Pennsylvania |
Here are the differences between senior risk analysts' and analyst leads' demographics:
| Senior Risk Analyst | Analyst Lead | |
| Average age | 44 | 43 |
| Gender ratio | Male, 60.7% Female, 39.3% | Male, 62.4% Female, 37.6% |
| Race ratio | Black or African American, 7.6% Unknown, 4.5% Hispanic or Latino, 8.6% Asian, 14.6% White, 64.6% American Indian and Alaska Native, 0.2% | Black or African American, 10.6% Unknown, 5.0% Hispanic or Latino, 11.3% Asian, 14.4% White, 58.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 8% |