Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
The differences between senior risk analysts and staff 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 staff analyst. Additionally, a staff analyst has an average salary of $99,158, 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 staff analyst are project management, process improvement, and technical support.
| Senior Risk Analyst | Staff Analyst | |
| Yearly salary | $94,366 | $99,158 |
| Hourly rate | $45.37 | $47.67 |
| Growth rate | 11% | 11% |
| Number of jobs | 63,964 | 174,178 |
| 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.
Staff Analysts are employees who oversee the activities related to the employees. They monitor the performance of the employees and assess whether particular employees suit the role they have. They also assess the current roles in the company to see if those roles are really needed. Staff Analysts ensure that the manpower allocation in the company is efficient. They analyze staff-related data to check whether there are more areas for improvement. Staff Analysts may also be assigned to come up with projects related to improving productivity.
Senior risk analysts and staff analysts have different pay scales, as shown below.
| Senior Risk Analyst | Staff Analyst | |
| Average salary | $94,366 | $99,158 |
| Salary range | Between $69,000 And $127,000 | Between $71,000 And $136,000 |
| Highest paying City | San Francisco, CA | San Francisco, CA |
| Highest paying state | New Jersey | New Jersey |
| Best paying company | Credit Karma | Bayer |
| Best paying industry | Energy | Technology |
There are a few differences between a senior risk analyst and a staff analyst in terms of educational background:
| Senior Risk Analyst | Staff 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 staff analysts' demographics:
| Senior Risk Analyst | Staff Analyst | |
| Average age | 44 | 44 |
| Gender ratio | Male, 60.7% Female, 39.3% | Male, 47.6% Female, 52.4% |
| 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, 8.0% Unknown, 4.5% Hispanic or Latino, 8.9% Asian, 12.1% White, 66.4% American Indian and Alaska Native, 0.2% |
| LGBT Percentage | 12% | 12% |