Position
Salary

How much does a Risk Analyst make?

The average salary for a Risk Analyst is $97,039 per year in the US.

A Risk Analyst evaluates and measures potential risks for businesses and organizations. They look for ways to reduce these risks and create plans to handle them. The average yearly salary for a Risk Analyst is about $97,039. This salary can change based on many factors, such as experience, industry, and location.

Here are the salary details for different levels of experience:

  • Bottom 10% earn about $45,122 per year.
  • Middle 50% earn between $59,793 and $103,805 per year.
  • Top 10% earn about $162,488 or more per year.

View Risk Analyst jobs nearby

What are the highest paying cities for a Risk Analyst?

Cities like San Antonio, TX, and Washington, DC, offer top salaries for Risk Analysts. San Antonio leads with an average salary of $151,543. Washington, DC, closely follows with $136,673. These high-paying locations attract skilled professionals looking to maximize their earnings. San Francisco, CA, and Buffalo, NY, also provide excellent compensation for Risk Analysts. San Francisco's average salary reaches $132,500. Buffalo offers $124,100. Both cities combine strong demand for risk management expertise with competitive pay packages.
Graph displaying highest paying cities salaries for Risk Analyst jobs, highlighting San Antonio, TX with the highest at $151,543 and Pittsburgh, PA with the lowest at $111,056.
  1. San Antonio, TX
    Average Salary: $151,543
    San Antonio offers a growing job market for risk professionals. The presence of many financial institutions provides diverse opportunities. Companies like Frost Bank and USAA offer stable careers in risk analysis.
    Find Risk Analyst jobs in San Antonio, TX


  2. Washington, DC
    Average Salary: $136,673
    In Washington, DC, risk analysts work in a hub for government and finance. This city presents chances to impact policy and financial regulation. Notable employers include Freddie Mac and Capital One.
    Find Risk Analyst jobs in Washington, DC


  3. San Francisco, CA
    Average Salary: $132,500
    San Francisco stands out for tech and finance industries. Risk analysts here benefit from a dynamic work environment. Tech giants like Salesforce and financial firms such as Charles Schwab provide exciting opportunities.
    Find Risk Analyst jobs in San Francisco, CA


  4. Buffalo, NY
    Average Salary: $124,100
    Buffalo offers a mix of manufacturing and finance sectors. Here, risk analysts ensure the stability of local businesses. Companies such as KeyBank and M&T Bank seek skilled professionals.
    Find Risk Analyst jobs in Buffalo, NY


  5. Charlotte, NC
    Average Salary: $123,987
    Charlotte is a financial center with many banking giants. Risk analysts play a key role in maintaining financial health. Banks like Bank of America and Truist offer robust career paths.
    Find Risk Analyst jobs in Charlotte, NC


  6. San Jose, CA
    Average Salary: $123,098
    San Jose, part of Silicon Valley, offers a tech-driven job market for risk analysts. The presence of many tech firms offers unique challenges. Companies like Cisco Systems and PayPal provide innovative work.
    Find Risk Analyst jobs in San Jose, CA


  7. Phoenix, AZ
    Average Salary: $114,383
    Phoenix boasts a growing economy with opportunities in finance and tech. Risk analysts in this city enjoy a mix of traditional and modern sectors. Firms like State Farm and American Express offer dynamic roles.
    Find Risk Analyst jobs in Phoenix, AZ


  8. St. Louis, MO
    Average Salary: $113,502
    St. Louis offers a blend of finance and insurance sectors. Risk analysts here contribute to the stability of the region's businesses. Companies like Edward Jones and Ameren provide solid career opportunities.
    Find Risk Analyst jobs in St. Louis, MO


  9. Dallas, TX
    Average Salary: $112,498
    Dallas offers a vibrant job market with a mix of finance and energy sectors. Risk analysts work to secure the stability of major companies. Firms like AT&T and JPMorgan Chase provide many job opportunities.
    Find Risk Analyst jobs in Dallas, TX


  10. Pittsburgh, PA
    Average Salary: $111,056
    Pittsburgh's economy focuses on healthcare and finance. Risk analysts here focus on ensuring the stability of local industries. Companies like Highmark and PNC Bank offer promising careers.
    Find Risk Analyst jobs in Pittsburgh, PA

What are the best companies a Risk Analyst can work for?

Citi stands out as a top employer for Risk Analysts, offering an average salary of $163,014. This prestigious financial institution provides a competitive salary and opportunities for career growth. Fannie Mae, USAA, and Booz Allen Hamilton also offer attractive compensation packages, making them strong choices for those in the field. Fannie Mae pays an average of $140,000, while USAA and Booz Allen Hamilton offer around $135,078 and $115,343, respectively. These companies value skilled risk analysts and provide a supportive environment for professional development.
Graph displaying best paying company salaries for Risk Analyst jobs, highlighting Citi with the highest at $163,014 and KeyBank with the lowest at $93,583.
  1. Citi
    Average Salary: $163,014
    Citi offers Risk Analyst roles with competitive pay. They work in finance and banking, operating in major cities worldwide. These analysts assess risks and provide solutions to improve financial stability.


  2. Fannie Mae
    Average Salary: $140,000
    Fannie Mae is a top choice for Risk Analysts. They focus on mortgage-related risks. The company operates nationwide, offering diverse opportunities in risk management and analysis.


  3. USAA
    Average Salary: $135,078
    USAA provides Risk Analyst positions with strong benefits. They serve the military and their families. Analysts work in locations across the U.S., ensuring financial products are secure.


  4. Booz Allen Hamilton
    Average Salary: $115,343
    Booz Allen Hamilton offers roles for Risk Analysts who work on government contracts. They focus on risk assessment and management. The company operates in major U.S. cities.


  5. Navy Federal Credit Union
    Average Salary: $114,110
    Navy Federal Credit Union pays well for Risk Analysts. They serve military members and their families. This credit union operates across the U.S., providing financial security.


  6. U.S. Bank
    Average Salary: $112,444
    U.S. Bank offers Risk Analyst jobs with a strong salary. They work in banking and financial services. Analysts assess risks to ensure the bank’s stability and security.


  7. SoFi
    Average Salary: $110,400
    SoFi provides Risk Analyst positions with a good salary. They focus on lending and investment risks. The company operates nationwide, helping people achieve financial goals.


  8. Fidelity Investments
    Average Salary: $101,377
    Fidelity Investments offers roles for Risk Analysts who work in the investment industry. They assess financial risks to protect investments. The company operates in key financial hubs.


  9. Scribd
    Average Salary: $97,250
    Scribd offers Risk Analyst roles with a solid salary. They focus on risks in the digital content industry. The company operates globally, providing access to books and audiobooks.


  10. KeyBank
    Average Salary: $93,583
    KeyBank offers Risk Analyst positions with a good salary. They work in banking and financial services. Analysts assess risks to ensure the bank’s stability and security.

How to earn more as a Risk Analyst?

In the field of risk analysis, professionals can enhance their earnings through several strategic actions. Building specific skills and gaining relevant experience are key. Obtaining certifications in risk management, such as the Financial Risk Manager (FRM) or the Professional Risk Manager (PRM), adds value. Networking within the industry and seeking out mentorship opportunities also play a significant role. Actively looking for job opportunities in high-demand areas or industries can lead to higher compensation packages. Remaining adaptable and open to new technologies and methodologies can further boost earning potential.

Here are key factors to consider for increasing your earnings as a risk analyst:

  1. Advanced Certifications: Earning certifications like FRM or PRM can make you more valuable.
  2. Specialized Skills: Developing expertise in areas like data analysis or financial modeling can increase your earning potential.
  3. Networking: Building a strong professional network can open up higher-paying job opportunities.
  4. Experience: Gaining experience in high-demand industries or roles can lead to better compensation.
  5. Continuous Learning: Staying updated with the latest tools and methodologies keeps you competitive in the job market.

Currently 191 Risk Analyst job openings, nationwide.

How's the job market for a Risk Analyst in the US?

Learn what a Risk Analyst does, how to become one, and understand the job outlook. Get simple steps to start your career as a Risk Analyst today.
Position
Overview
Risk Analyst
191 Job Openings