Risk Analyst Jobs

Risk Analyst
UK

The median Risk Analyst salary in the UK is £60,000 per year according to job vacancies posted during the 6 months to 9 June 2024.

The first table below provides salary benchmarking and summary statistics including a comparison to same period in the previous 2 years.

6 months to
9 Jun 2024
Same period 2023 Same period 2022
Rank 811 733 968
Rank change year-on-year -78 +235 -126
Permanent jobs requiring a Risk Analyst 111 214 321
As % of all permanent jobs advertised in the UK 0.10% 0.23% 0.19%
As % of the Job Titles category 0.11% 0.25% 0.19%
Number of salaries quoted 61 109 187
10th Percentile £31,250 £35,733 £35,000
25th Percentile £41,250 £37,885 £42,500
Median annual salary (50th Percentile) £60,000 £50,139 £55,000
Median % change year-on-year +19.67% -8.84% +10.00%
75th Percentile £67,250 £65,000 £75,000
90th Percentile £80,000 £85,500 £100,000
UK excluding London median annual salary £45,000 £40,113 £45,000
% change year-on-year +12.18% -10.86% +5.88%

All Permanent IT Job Vacancies
UK

The following table is for comparison with the above and includes summary statistics for all permanent IT job vacancies. Most job vacancies include a discernible job title that can be normalized. As such, the figures in the second row provide an indication of the number of permanent jobs in our overall sample.

Permanent vacancies in the UK with a recognized job title 102,753 84,908 164,946
% of permanent jobs with a recognized job title 94.75% 91.21% 95.96%
Number of salaries quoted 72,538 55,143 85,388
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,524 £45,000 £42,750
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £70,000 £80,000 £78,750
90th Percentile £90,000 £100,000 £95,000
UK excluding London median annual salary £50,000 £53,500 £50,296
% change year-on-year -6.54% +6.37% +5.89%

Risk Analyst
Job Vacancy Trend

Job postings that featured Risk Analyst in the job title as a proportion of all IT jobs advertised.

Job vacancy trend for Risk Analyst in the UK

Risk Analyst
Salary Trend

3-month moving average salary quoted in jobs citing Risk Analyst.

Salary trend for Risk Analyst in the UK

Risk Analyst
Salary Histogram

Salary distribution for jobs citing Risk Analyst over the 6 months to 9 June 2024.

Salary histogram for Risk Analyst in the UK

Risk Analyst
Top 14 Job Locations

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Risk Analyst within the UK over the 6 months to 9 June 2024. The 'Rank Change' column provides an indication of the change in demand within each location based on the same 6 month period last year.

Location Rank Change
on Same Period
Last Year
Matching
Permanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
England -60 95 £60,000 +14.29% 53
UK excluding London -91 68 £45,000 +12.18% 22
London +7 43 £65,000 +13.04% 34
Work from Home +25 36 £39,896 -27.46% 21
South East +5 22 £45,500 -4.21% 7
North of England +9 19 £31,750 -25.31% 5
Scotland -56 16 - - 3
Yorkshire +42 10 £62,500 +47.02% 3
North West -3 8 £31,000 -38.17% 2
Midlands -36 7 £55,000 +37.50% 2
West Midlands -16 4 £55,000 +37.50% 2
South West -40 4 £34,791 -33.82% 1
East Midlands -32 3 - -
North East - 1 - -

Risk Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities

For the 6 months to 9 June 2024, Risk Analyst job roles required the following skills and capabilities in order of popularity. The figures indicate the absolute number co-occurrences and as a proportion of all permanent job ads featuring Risk Analyst in the job title.

1 57 (51.35%) Risk Management
2 52 (46.85%) Finance
3 47 (42.34%) Social Skills
4 33 (29.73%) Analytical Skills
5 31 (27.93%) Degree
6 30 (27.03%) Credit Risk
7 26 (23.42%) SQL
8 24 (21.62%) NIST
9 23 (20.72%) Microsoft
9 23 (20.72%) Cybersecurity
9 23 (20.72%) CRISC
10 22 (19.82%) Legal
10 22 (19.82%) Data Analysis
11 21 (18.92%) Information Security
11 21 (18.92%) Decision-Making
12 19 (17.12%) CISA
13 17 (15.32%) Agile
14 16 (14.41%) CISSP
15 15 (13.51%) Microsoft Excel
16 14 (12.61%) CISM
16 14 (12.61%) ISO/IEC 27001
17 13 (11.71%) Law
17 13 (11.71%) Management Information System
17 13 (11.71%) Python
17 13 (11.71%) B2B
17 13 (11.71%) Regulatory Compliance
18 12 (10.81%) SAS
18 12 (10.81%) Mathematics
19 11 (9.91%) Risk Analysis
19 11 (9.91%) Retail

Risk Analyst Skill Set
Co-occurring Skills and Capabilities by Category

The follow tables expand on the table above by listing co-occurrences grouped by category. The same employment type, locality and period is covered with up to 20 co-occurrences shown in each of the following categories:

Application Platforms
1 12 (10.81%) SAS
2 4 (3.60%) Confluence
3 1 (0.90%) Jupyter
3 1 (0.90%) SharePoint
Applications
1 15 (13.51%) Microsoft Excel
2 10 (9.01%) Microsoft Office
3 2 (1.80%) LaTeX
3 2 (1.80%) Microsoft PowerPoint
3 2 (1.80%) MS Visio
Cloud Services
1 7 (6.31%) Power Platform
2 3 (2.70%) Azure
3 1 (0.90%) AWS
3 1 (0.90%) GitHub
3 1 (0.90%) Microsoft 365
3 1 (0.90%) SaaS
3 1 (0.90%) Snowflake
Communications & Networking
1 4 (3.60%) Firewall
2 2 (1.80%) Intranet
3 1 (0.90%) LAN
3 1 (0.90%) WAN
3 1 (0.90%) Wi-Fi
Database & Business Intelligence
1 7 (6.31%) Power BI
2 2 (1.80%) GIS
3 1 (0.90%) Data Mart
3 1 (0.90%) Data Mining
3 1 (0.90%) SQL Server Analysis Services
3 1 (0.90%) SQL Server Reporting Services
Development Applications
1 5 (4.50%) JIRA
General
1 52 (46.85%) Finance
2 47 (42.34%) Social Skills
3 33 (29.73%) Analytical Skills
4 22 (19.82%) Legal
5 13 (11.71%) Law
6 11 (9.91%) Inclusion and Diversity
6 11 (9.91%) Retail
7 9 (8.11%) Banking
8 5 (4.50%) Front Office
9 4 (3.60%) Organisational Skills
9 4 (3.60%) Presentation Skills
10 3 (2.70%) Marketing
11 2 (1.80%) Influencing Skills
12 1 (0.90%) Investment Banking
Libraries, Frameworks & Software Standards
1 1 (0.90%) .NET
1 1 (0.90%) ASP.NET
1 1 (0.90%) HTML
1 1 (0.90%) JSON
1 1 (0.90%) JSP
1 1 (0.90%) REST
1 1 (0.90%) Servlets
1 1 (0.90%) SOAP
1 1 (0.90%) XML
Miscellaneous
1 30 (27.03%) Credit Risk
2 13 (11.71%) Management Information System
3 8 (7.21%) Market Risk
4 6 (5.41%) Blog
4 6 (5.41%) Cyber Security Posture
5 5 (4.50%) Onboarding
5 5 (4.50%) Product Ownership
6 4 (3.60%) Foreign Exchange (FX)
6 4 (3.60%) Operational Technology
7 3 (2.70%) Analytical Mindset
7 3 (2.70%) Security Operations Centre
7 3 (2.70%) Security Posture
8 2 (1.80%) Cyber Defence
8 2 (1.80%) Data Protection Act
8 2 (1.80%) Driving Licence
8 2 (1.80%) PMI
9 1 (0.90%) Cloud Native
9 1 (0.90%) Equities
9 1 (0.90%) Fixed Income
9 1 (0.90%) SCADA
Operating Systems
1 2 (1.80%) Windows
2 1 (0.90%) Windows Server
Processes & Methodologies
1 57 (51.35%) Risk Management
2 23 (20.72%) Cybersecurity
3 22 (19.82%) Data Analysis
4 21 (18.92%) Decision-Making
4 21 (18.92%) Information Security
5 17 (15.32%) Agile
6 13 (11.71%) B2B
6 13 (11.71%) Regulatory Compliance
7 12 (10.81%) Mathematics
8 11 (9.91%) Credit Risk Management
8 11 (9.91%) Customer Experience
8 11 (9.91%) Risk Analysis
9 10 (9.01%) Analytics
9 10 (9.01%) Customer Service
9 10 (9.01%) Proactive Management
9 10 (9.01%) Problem-Solving
9 10 (9.01%) Project Management
9 10 (9.01%) Technical Analysis
10 9 (8.11%) Data Protection
10 9 (8.11%) Security Management
Programming Languages
1 26 (23.42%) SQL
2 13 (11.71%) Python
3 3 (2.70%) VBA
4 1 (0.90%) C#
4 1 (0.90%) Java
4 1 (0.90%) JavaScript
4 1 (0.90%) R
4 1 (0.90%) T-SQL
Qualifications
1 31 (27.93%) Degree
2 23 (20.72%) CRISC
3 19 (17.12%) CISA
4 16 (14.41%) CISSP
5 14 (12.61%) CISM
6 6 (5.41%) ISO 27001 Lead Auditor
6 6 (5.41%) Master's Degree
7 5 (4.50%) PhD
8 4 (3.60%) ISACA
9 2 (1.80%) Computer Science Degree
9 2 (1.80%) DBS Check
9 2 (1.80%) FFIEC
9 2 (1.80%) PMI Certification
9 2 (1.80%) SANS
10 1 (0.90%) CompTIA Security+
10 1 (0.90%) ISO 27001 Lead Implementer
10 1 (0.90%) Numerate Degree
10 1 (0.90%) Security Cleared
Quality Assurance & Compliance
1 24 (21.62%) NIST
2 14 (12.61%) ISO/IEC 27001
3 10 (9.01%) COBIT
3 10 (9.01%) GRC
4 5 (4.50%) ITGC
4 5 (4.50%) Sarbanes-Oxley
5 4 (3.60%) Cyber Essentials
6 3 (2.70%) COSO
6 3 (2.70%) Cyber Essentials PLUS
6 3 (2.70%) Data Quality
6 3 (2.70%) SLA
7 2 (1.80%) Disclosure Scotland
7 2 (1.80%) GLBA
7 2 (1.80%) ISO 31000
7 2 (1.80%) PCI DSS
7 2 (1.80%) SOX 404
8 1 (0.90%) COREP
8 1 (0.90%) GDPR
8 1 (0.90%) IASME
8 1 (0.90%) PMBOK
System Software
1 1 (0.90%) Active Directory
Vendors
1 23 (20.72%) Microsoft
2 2 (1.80%) OneTrust
3 1 (0.90%) Bloomberg
3 1 (0.90%) Dataiku
3 1 (0.90%) Fortinet
3 1 (0.90%) iManage
3 1 (0.90%) Intapp
3 1 (0.90%) Rapid7
3 1 (0.90%) Reuters