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The differences between senior risk analysts and senior technical business 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 technical business analyst. Additionally, a senior technical business analyst has an average salary of $105,907, 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 a senior technical business analyst are project management, business analysis, and business process.
| Senior Risk Analyst | Senior Technical Business Analyst | |
| Yearly salary | $94,366 | $105,907 |
| Hourly rate | $45.37 | $50.92 |
| Growth rate | 11% | 11% |
| Number of jobs | 63,964 | 213,435 |
| Job satisfaction | - | - |
| 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.
Senior Technical Business Analysts are experienced employees who primarily work on business improvements. They review business processes and other operations-related procedures in relation to the current business landscape. They should be familiar with the trends in the industry and how these trends affect the company. They should also be familiar with the company processes, people's capabilities, and other context-setting information related to the business. Senior Technical Business Analysts work with different departments to get a holistic view of the company. This would help them recommend action plans and next steps to address the company's challenges and ensure that the company overcomes these challenges.
Senior risk analysts and senior technical business analysts have different pay scales, as shown below.
| Senior Risk Analyst | Senior Technical Business Analyst | |
| Average salary | $94,366 | $105,907 |
| Salary range | Between $69,000 And $127,000 | Between $81,000 And $136,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | California |
| Best paying company | Credit Karma | Lifetime |
| Best paying industry | Energy | Energy |
There are a few differences between a senior risk analyst and a senior technical business analyst in terms of educational background:
| Senior Risk Analyst | Senior Technical Business 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 technical business analysts' demographics:
| Senior Risk Analyst | Senior Technical Business Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 60.7% Female, 39.3% | Male, 53.5% Female, 46.5% |
| 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, 7.5% Unknown, 4.4% Hispanic or Latino, 8.5% Asian, 14.5% White, 65.0% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |