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Senior risk analyst vs technical business analyst

The differences between senior risk analysts and 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 technical business analyst. Additionally, a senior risk analyst has an average salary of $94,366, which is higher than the $81,757 average annual salary of a technical business analyst.

The top three skills for a senior risk analyst include risk management, SQL and portfolio. The most important skills for a technical business analyst are project management, business analysis, and business processes.

Senior risk analyst vs technical business analyst overview

Senior Risk AnalystTechnical Business Analyst
Yearly salary$94,366$81,757
Hourly rate$45.37$39.31
Growth rate11%11%
Number of jobs63,964203,686
Job satisfaction--
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 70%
Average age4444
Years of experience44

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 technical business analyst do?

As a technical business analyst, one oversees the technical business project and solution implementation. Technical business analysts work with the technical team members and stakeholders for the mapping, analysis, and documentation of business projects and processes. People in the business world consider them as market technicians, chartists, securities traders, or researchers. The job also involves the documentation of redesigned computer systems and applications. Skills in computer programming, leadership, communication, and management are necessary.

Senior risk analyst vs technical business analyst salary

Senior risk analysts and technical business analysts have different pay scales, as shown below.

Senior Risk AnalystTechnical Business Analyst
Average salary$94,366$81,757
Salary rangeBetween $69,000 And $127,000Between $62,000 And $106,000
Highest paying CitySan Francisco, CAWashington, DC
Highest paying stateNew JerseyNew Jersey
Best paying companyCredit KarmaMeta
Best paying industryEnergyTechnology

Differences between senior risk analyst and technical business analyst education

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

Senior Risk AnalystTechnical Business Analyst
Most common degreeBachelor's Degree, 67%Bachelor's Degree, 70%
Most common majorBusinessBusiness
Most common collegeNorthwestern UniversityNorthwestern University

Senior risk analyst vs technical business analyst demographics

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

Senior Risk AnalystTechnical Business Analyst
Average age4444
Gender ratioMale, 60.7% Female, 39.3%Male, 53.2% Female, 46.8%
Race ratioBlack 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, 64.8% American Indian and Alaska Native, 0.2%
LGBT Percentage12%12%

Differences between senior risk analyst and technical business 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.
  • Show more

Technical business analyst example responsibilities.

  • Lead migration of payroll and human resource data to 3COM following U.S. Robotics and 3COM merger.
  • Manage single large projects or multiple concurrent smaller projects in the human resources, payroll, and employee benefits areas.
  • Manage all phases of the business requirement from initial research to the UAT following the process and maintaining the quality standards.
  • Achieve online editorial content management by editing HTML for publishing health information.
  • Manage development intranet and internet sites for internal sales reps and external channel partners using SharePoint technology.
  • Generate SSRS reports using MDX/DAX queries.
  • Show more

Senior risk analyst vs technical business analyst skills

Common senior risk analyst skills
  • Risk Management, 20%
  • SQL, 6%
  • Portfolio, 6%
  • Project Management, 6%
  • Risk Assessments, 5%
  • SAS, 5%
Common technical business analyst skills
  • Project Management, 7%
  • Business Analysis, 5%
  • Business Processes, 5%
  • User Stories, 5%
  • Test Cases, 4%
  • Scrum, 4%

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