The average salary for a Risk Analyst in India is Rs 521,909.
MEDIAN Rs 521,909
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Rs 285k - Rs 1m
Rs 15k - Rs 202k
Rs -22 - Rs 296k
Rs 295k - Rs 1m
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Job Description for Risk Analyst
Risk analysts work primarily for banks or insurance companies and their tasks include carefully verifying potential clients' application information, following up on missing documentation and data with applicants or potential clients, and obtaining data from various agencies, such as credit bureaus, to verify data and information submitted by applicants. They must also be able to interpret corporate or merchants' financial statements and/or personal credit reports and maintain good relationships…Read more
Risk Analyst Tasks
- Analyze data to calculate risks and outcomes.
- Aggregate and transform data from multiple sources to produce consistent results.
- Audit data and establish quality control measures.
- Create reports and summaries, and document processes and procedures.
Job Satisfaction for Risk Analyst
Popular Employer Salaries for Risk Analyst
The top respondents for the job title Risk Analyst are from the companies EY (Ernst & Young), Amazon.com Inc and Credit Suisse. Reported salaries are highest at Franklin Templeton Investments where the average pay is Rs 1,298,143. Other companies that offer high salaries for this role include Credit Suisse and Paypal, Inc., earning around Rs 1,028,740 and Rs 900,000, respectively. Amazon.com Inc pays the lowest at around Rs 379,737. EY (Ernst & Young) and J.P. Morgan Chase & Co. (JPMCC) also pay on the lower end of the scale, paying Rs 421,548 and Rs 800,000, respectively.
Explore the most common career paths for Risk Analyst. Thickness and color of lines indicates popularity of movement from one job to the next. Visit our career path planner to research other job paths.
More common (> 20%)
Somewhat common (8 - 20%)
Less common (< 8%)
Risk Analyst Job Listings
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Popular Skills for Risk Analyst
Risk Management / Risk Control
Skills in Risk Management / Risk Control, Microsoft Excel, Data Analysis and Financial Analysis are correlated to pay that is above average. Skills that pay less than market rate include Microsoft Office.
Pay by Experience Level for Risk Analyst
An entry-level Risk Analyst with less than 1 year experience can expect to earn an average total compensation (includes tips, bonus, and overtime pay) of Rs 405,864 based on 56 salaries. An early career Risk Analyst with 1-4 years of experience earns an average total compensation of Rs 501,570 based on 214 salaries. A mid-career Risk Analyst with 5-9 years of experience earns an average total compensation of Rs 793,759 based on 50 salaries. An experienced Risk Analyst with 10-19 years of experience earns an average total compensation of Rs 1,175,000 based on 10 salaries.
Pay Difference by Location
Learn more about cost of living by city.
Employees with Risk Analyst in their job title in Chennai, Tamil Nadu earn an average of 45.6% more than the national average. These job titles also find higher than average salaries in Mumbai, Maharashtra (43.5% more) and Pune, Maharashtra (38.9% more). The lowest salaries can be found in New Delhi, Delhi (15.9% less), Hyderabad, Andhra Pradesh (15.3% less) and Bangalore, Karnataka (13.8% less).
Years of Experience
This data is based on 330 survey responses.
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