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How much does a Risk Analyst make?

The average salary for a Risk Analyst is $101,008 per year in the US.

A Risk Analyst plays a key role in helping companies manage potential risks. This job involves looking at data and making predictions about future events. The average yearly salary for a Risk Analyst is around $101,008. This means that most Risk Analysts earn somewhere in this range.

The salary of a Risk Analyst can vary based on experience and location. Those with more experience often earn higher salaries. Some Risk Analysts also earn more in certain cities or regions. For example, those working in big financial hubs like New York or London may earn more. The salary can also be higher for those with special skills or certifications.

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What are the highest paying cities for a Risk Analyst?

Risk analysts can find top-paying opportunities in several cities. San Antonio, TX, offers the highest average salary at $151,198. San Jose, CA, and Charlotte, NC, follow closely with average salaries around $123,553 and $119,527, respectively. These cities provide strong career prospects for those in the field.
Graph displaying highest paying cities salaries for Risk Analyst jobs, highlighting San Antonio, TX with the highest at $151,198 and San Francisco, CA with the lowest at $108,487.
  1. San Antonio, TX
    Average Salary: $151,198
    In San Antonio, professionals assess risks for businesses and financial institutions. The city's diverse economy offers many opportunities. Companies like Frost Bank and USAA value strong risk management.
    Find Risk Analyst jobs in San Antonio, TX


  2. San Jose, CA
    Average Salary: $123,553
    San Jose is a tech hub where risk professionals help companies navigate market changes. The presence of tech giants like Intel and Cisco makes it a dynamic place to work. Risk management skills are highly valued.
    Find Risk Analyst jobs in San Jose, CA


  3. Charlotte, NC
    Average Salary: $119,527
    Charlotte is known for its financial sector. Risk analysts here focus on banking and insurance. Companies like Bank of America and Wells Fargo offer many job opportunities. The city values strong analytical skills.
    Find Risk Analyst jobs in Charlotte, NC


  4. Phoenix, AZ
    Average Salary: $118,811
    Phoenix offers a growing job market for risk professionals. Companies in finance and healthcare need skilled analysts. The city's warm climate and lower cost of living make it attractive. Risk management is key to business success.
    Find Risk Analyst jobs in Phoenix, AZ


  5. St. Louis, MO
    Average Salary: $114,547
    St. Louis has a strong manufacturing base. Risk analysts here work with companies in this sector. The city offers a balanced lifestyle with a lower cost of living. Skills in risk assessment are highly valued.
    Find Risk Analyst jobs in St. Louis, MO


  6. Washington, DC
    Average Salary: $112,078
    In Washington, DC, risk professionals work in government and finance. The city offers many opportunities in risk management. Companies like Fannie Mae and Freddie Mac value strong analytical skills. The political environment adds unique challenges.
    Find Risk Analyst jobs in Washington, DC


  7. Boston, MA
    Average Salary: $112,031
    Boston is a center for education and finance. Risk analysts here work with top firms. The city's rich history and vibrant culture make it an exciting place to work. Companies like State Street and Fidelity value strong risk management skills.
    Find Risk Analyst jobs in Boston, MA


  8. Seattle, WA
    Average Salary: $109,004
    Seattle offers a tech-driven job market for risk professionals. Companies like Amazon and Microsoft need skilled analysts. The city's mild climate and outdoor activities make it a great place to live. Risk management is key to tech success.
    Find Risk Analyst jobs in Seattle, WA


  9. Buffalo, NY
    Average Salary: $108,508
    Buffalo has a diverse economy with opportunities for risk analysts. The city offers a lower cost of living. Companies in manufacturing and healthcare need strong risk management. Buffalo's rich culture adds to the work experience.
    Find Risk Analyst jobs in Buffalo, NY


  10. San Francisco, CA
    Average Salary: $108,487
    San Francisco is a tech powerhouse. Risk analysts here work with companies like Google and Salesforce. The city offers a dynamic job market. Strong skills in risk assessment are highly valued. The tech environment offers unique challenges.
    Find Risk Analyst jobs in San Francisco, CA

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

USAA offers one of the highest salaries for Risk Analysts, averaging $154,440 annually. Synchrony and Citi also provide competitive pay, with average salaries of $136,875 and $135,730, respectively. Freddie Mac, Mastercard, and PayPal follow closely, ensuring attractive compensation packages for those in the field.
Graph displaying best paying company salaries for Risk Analyst jobs, highlighting USAA with the highest at $154,440 and EY with the lowest at $115,138.
  1. USAA
    Average Salary: $154,440
    USAA offers Risk Analyst positions with a focus on financial services. They work in various locations, including Texas, California, and Florida. USAA values teamwork and innovation.


  2. Synchrony
    Average Salary: $136,875
    Synchrony provides Risk Analyst roles with a focus on consumer finance. They operate in Georgia, North Carolina, and Arizona. Synchrony emphasizes a collaborative work environment.


  3. Citi
    Average Salary: $135,730
    Citi offers Risk Analyst jobs with a global presence. They work in New York, London, and Singapore. Citi values analytical skills and a proactive approach.


  4. Freddie Mac
    Average Salary: $131,091
    Freddie Mac provides Risk Analyst positions with a focus on mortgage-related risks. They operate in Virginia, Maryland, and California. Freddie Mac emphasizes a results-driven culture.


  5. Mastercard
    Average Salary: $130,542
    Mastercard offers Risk Analyst roles with a focus on financial technology. They work in New York, Illinois, and California. Mastercard values innovation and strategic thinking.


  6. PayPal
    Average Salary: $128,912
    PayPal provides Risk Analyst positions with a focus on financial services. They operate in California, Massachusetts, and Nevada. PayPal emphasizes a customer-centric approach.


  7. Fannie Mae
    Average Salary: $123,182
    Fannie Mae offers Risk Analyst jobs with a focus on mortgage-related risks. They operate in Virginia, Maryland, and California. Fannie Mae values analytical skills and teamwork.


  8. M&T Bank
    Average Salary: $119,739
    M&T Bank provides Risk Analyst roles with a focus on banking and financial services. They work in New York, Pennsylvania, and Maryland. M&T Bank values a strong work ethic and customer service.


  9. Fidelity Investments
    Average Salary: $115,198
    Fidelity Investments offers Risk Analyst positions with a focus on investment services. They work in Massachusetts, Rhode Island, and California. Fidelity Investments values integrity and innovation.


  10. EY
    Average Salary: $115,138
    EY provides Risk Analyst roles with a focus on consulting and auditing. They operate in multiple locations worldwide. EY values analytical skills and a proactive approach.

How to earn more as a Risk Analyst?

A Risk Analyst can increase their earnings by focusing on several key areas. Gaining experience and expertise in specific industries can lead to higher-paying positions. For example, working in finance or healthcare often comes with higher salaries. Continuing education and obtaining relevant certifications can also boost earning potential. Certifications like the Financial Risk Manager (FRM) or the Chartered Financial Analyst (CFA) are highly valued in the industry.

Networking and building professional relationships can open doors to better job opportunities. Attending industry conferences and joining professional organizations can connect a Risk Analyst with potential employers and peers. Effective communication skills and the ability to present complex information clearly can set a Risk Analyst apart. This skill can lead to promotions and higher salaries. Lastly, taking on leadership roles or responsibilities can also increase earning potential. Managing a team or leading a project can demonstrate value and lead to higher compensation.

Here are some factors to consider for earning more as a Risk Analyst:

  1. Gain industry-specific experience
  2. Obtain relevant certifications
  3. Build a strong professional network
  4. Develop strong communication skills
  5. Take on leadership roles

Currently 209 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
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Risk Analyst
209 Job Openings