Risk Analyst in New York Salary
How much does a Risk Analyst make in New York, NY? In New York, a Risk Analyst takes home approximately $81,432 per year on average. This is 23% above the national average for a Risk Analyst which is $62,731 per year. Salaries for a Risk Analyst in New York range from $55,752 per year to $120,894 per year. Total Annual Pay, which includes salary and bonus for a Risk Analyst in New York ranges from $59,053 to $137,512 annually. Job satisfaction is reported as 4 out of 5 stars. Men make up a majority of the Risk Analyst workforce in New York among those reporting — 73 percent to be exact. In New York, a Risk Analyst often enjoys medical, dental, and vision benefits provided by their employer.
|Salary||$55,752 - $120,894|
|Bonus||$3,425 - $40,614|
|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).)
|$59,053 - $137,512|
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.Read More...
Risk analysts should be able to use software and computer applications, including Microsoft Office programs (Word, Excel, PowerPoint, Outlook) and be able to multitask on a regular basis. A bachelor's degree in a relevant field is often required for this position, and some employers also require relevant work experience. Strong communication skills are important for risk analysts, and they should also be detail-oriented and able to work well under pressure. Flexibility may also be necessary in order to meet deadlines. Some may be required to attend additional training, workshops, or conferences or read relevant professional journals, while others may need to travel to meet clients. (Copyright 2017 PayScale.com)
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.
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