The average pay for a Risk Analyst is £32,662 per year. Most people move on to other jobs if they have more than 10 years' experience in this career. The skills that increase pay for this job the most are SQL and Microsoft Excel.

£22,754 - £51,265
£23K
£33K
£51K
MEDIAN: £32,933
10%
50%
90%
£0£57K
Salary £22,754 - £51,265
Bonus £718 - £9,768
Profit Sharing £2,250
Total Pay (?
XTotal Pay combines base annual salary or hourly wage, bonuses, profit sharing, tips, commissions, overtime pay and other forms of cash earnings, as applicable for this job. It does not include equity (stock) compensation, cash value of retirement benefits, or the value of other non-cash benefits (e.g. healthcare).
)
£23,106 - £57,359
  • Country: United Kingdom
  • Currency: GBP
  • Updated: 7 Jul 2018
  • Individuals Reporting: 338

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 with processors and other staff within the company.

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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.

Risk Analyst Job Listings

Popular Skills for Risk Analyst

Pay Difference by Location

National Average: £34,373

Larger city markers indicate a job is popular in that location.

Risk Analyst Reviews

Q: What is it like working as a Risk Analyst?

Risk Analyst in London:
"Risk Analyst"
Pros: It is very good, flexible, it is very challenging and every day is different.
Cons: I have to put in a lot of hours.

Related Job Salaries

Key Stats for Risk Analyst

Gender

Female
25 %
Male
75 %

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.
Less than 1 year
15%
1-4 years
62%
5-9 years
16%
10-19 years
6%
20 years or more
1%

Experience Affects Risk Analyst Salaries

▲23%

▲16%

National Average
₤34,000

▼8%

Skills That Affect Risk Analyst Salaries

SQL
▲41%

Microsoft Excel
▲11%

VBA
▲8%

Project Management
▲8%


National Average
₤34,000


SAS
▼4%

Research Analysis
▼24%

Job Satisfaction

Extremely satisfied
Rated 5 out of 5
based on 2 votes.

Gender

Female
25 %
Male
75 %

Years of Experience

Less than 1 year
15%
1-4 years
62%
5-9 years
16%
10-19 years
6%
20 years or more
1%

Common Health Benefits

medical benefits
Medical: 65%
dental benefits
Dental: 21%
vision benefits
Vision: 22%
no benefits
None: 31%