Senior risk analyst vs senior research analyst

The differences between senior risk analysts and senior research analysts 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 a senior research analyst takes usually requires 4-6 years. Additionally, a senior risk analyst has an average salary of $94,366, which is higher than the $75,056 average annual salary of a senior research analyst.

The top three skills for a senior risk analyst include risk management, SQL and portfolio. The most important skills for a senior research analyst are analytics, data analysis, and data collection.

Senior risk analyst vs senior research analyst overview

	Senior Risk Analyst	Senior Research Analyst
Yearly salary	$94,366	$75,056
Hourly rate	$45.37	$36.08
Growth rate	11%	19%
Number of jobs	63,964	71,891
Job satisfaction	-	-
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 68%
Average age	44	37
Years of experience	4	6

What does a senior risk analyst do?

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.

What does a senior research analyst do?

The duties of a senior research analyst depend on one's line of work or industry of employment. Typically, their responsibilities revolve around coordinating with different departments to gather necessary data, performing research and analysis to identify consumer and market needs, finding new business opportunities, and devising strategies to optimize workflow and workforce processes. Furthermore, as a senior research analyst, it is essential to lead and encourage the team members and serve as a mentor to junior analysts, all while implementing the company's policies and regulations.

Senior risk analyst vs senior research analyst salary

Senior risk analysts and senior research analysts have different pay scales, as shown below.

	Senior Risk Analyst	Senior Research Analyst
Average salary	$94,366	$75,056
Salary range	Between $69,000 And $127,000	Between $57,000 And $98,000
Highest paying City	San Francisco, CA	Olympia, WA
Highest paying state	New Jersey	Washington
Best paying company	Credit Karma	JPMorgan Chase & Co.
Best paying industry	Energy	Finance

Differences between senior risk analyst and senior research analyst education

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

	Senior Risk Analyst	Senior Research Analyst
Most common degree	Bachelor's Degree, 67%	Bachelor's Degree, 68%
Most common major	Business	Business
Most common college	Northwestern University	University of Georgia

Senior risk analyst vs senior research analyst demographics

Here are the differences between senior risk analysts' and senior research analysts' demographics:

	Senior Risk Analyst	Senior Research Analyst
Average age	44	37
Gender ratio	Male, 60.7% Female, 39.3%	Male, 54.1% Female, 45.9%
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, 4.7% Unknown, 4.9% Hispanic or Latino, 11.2% Asian, 14.1% White, 65.0% American Indian and Alaska Native, 0.1%
LGBT Percentage	12%	10%

Differences between senior risk analyst and senior research analyst duties and responsibilities

Senior risk analyst example responsibilities.

Manage and direct employment relate litigation including discovery, interrogatory responses, settlements and supervision of defense counsel.
Manage litigation through appropriate selection of counsel, developing strategic action plans a while monitoring an active trial calendar.
Support implementation of the ERM system globally.
Develop and maintain strong relationships with stakeholders to help maximize the goals and benefits of ERM.
Justify the efficiency of options on treasury futures as a short-term proxy for OTC treasury options.
Support treasury services by reviewing, validating and approving cash forecasts and daily wire transfer activity.

Senior research analyst example responsibilities.

Manage research department employees and resources, operational budget preparation and oversight.
Work with SAS to manipulate data and perform analysis by using macros, metadata, loops, counts and macro variables.
Develop and automate front-end data querying and reporting tools for client presentations and reports in VBA and SQL.
Conduct statistical analyses with SAS using grocery store scanner data of consumer package goods for test households throughout the U.S.
Develop and redesign SQL databases for condensation and reporting efficiency.
Analyze quantitative project data using SPSS and serve as statistical consultant for company.

Senior risk analyst vs senior research analyst skills

Common senior risk analyst skills

Risk Management, 20%
SQL, 6%
Portfolio, 6%
Project Management, 6%
Risk Assessments, 5%
SAS, 5%

Common senior research analyst skills

Analytics, 7%
Data Analysis, 6%
Data Collection, 5%
PowerPoint, 5%
Research Projects, 4%
Healthcare, 4%

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Senior Risk Analyst vs Senior Research Analyst

Updated January 8, 2025

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