Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior risk analysts and senior 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 senior risk analyst and a senior analyst. Additionally, a senior risk analyst has an average salary of $94,366, which is higher than the $84,799 average annual salary of a senior analyst.
The top three skills for a senior risk analyst include risk management, SQL and portfolio. The most important skills for a senior analyst are analytics, data analysis, and tableau.
| Senior Risk Analyst | Senior Analyst | |
| Yearly salary | $94,366 | $84,799 |
| Hourly rate | $45.37 | $40.77 |
| Growth rate | 11% | 11% |
| Number of jobs | 63,964 | 159,807 |
| Job satisfaction | - | 5 |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 68% |
| Average age | 44 | 44 |
| Years of experience | 4 | 4 |
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.
A senior analyst's responsibilities will vary in every organization or industry. However, their primary role is to gain an understanding of a company's strengths and weaknesses. Through this, they can devise strategies and determine new opportunities that would be significant in attaining financial gains and a more substantial client base. Furthermore, it is a senior analyst's responsibility to coordinate with various departments, and even clients, to establish a rapport that will be essential in gaining the needed information to catapult a company to its finest.
Senior risk analysts and senior analysts have different pay scales, as shown below.
| Senior Risk Analyst | Senior Analyst | |
| Average salary | $94,366 | $84,799 |
| Salary range | Between $69,000 And $127,000 | Between $63,000 And $112,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Credit Karma | The Citadel |
| Best paying industry | Energy | Finance |
There are a few differences between a senior risk analyst and a senior analyst in terms of educational background:
| Senior Risk Analyst | Senior Analyst | |
| Most common degree | Bachelor's Degree, 67% | Bachelor's Degree, 68% |
| Most common major | Business | Business |
| Most common college | Northwestern University | Northwestern University |
Here are the differences between senior risk analysts' and senior analysts' demographics:
| Senior Risk Analyst | Senior Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 60.7% Female, 39.3% | Male, 61.8% Female, 38.2% |
| 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, 7.4% Unknown, 4.4% Hispanic or Latino, 8.4% Asian, 14.3% White, 65.2% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |