Risk Analyst
UK

The median Risk Analyst salary in the UK is £50,000 per year according to job vacancies posted during the 6 months to 12 May 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
12 May 2024
Same period 2023 Same period 2022
Rank 794 745 936
Rank change year-on-year -49 +191 -105
Permanent jobs requiring a Risk Analyst 107 216 289
As % of all permanent jobs advertised in the UK 0.11% 0.21% 0.18%
As % of the Job Titles category 0.11% 0.23% 0.19%
Number of salaries quoted 57 113 179
10th Percentile £29,000 £35,733 £35,000
25th Percentile £42,500 £40,401 £42,500
Median annual salary (50th Percentile) £50,000 £52,500 £55,000
Median % change year-on-year -4.76% -4.55% +23.60%
75th Percentile £67,250 £72,500 £75,000
90th Percentile £77,000 £87,500 £100,000
UK excluding London median annual salary £45,000 £41,312 £45,000
% change year-on-year +8.93% -8.20% +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 93,937 92,745 151,578
% of permanent jobs with a recognized job title 94.62% 91.52% 96.09%
Number of salaries quoted 67,282 58,546 84,308
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,604
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £71,250 £80,627 £78,750
90th Percentile £90,000 £100,000 £95,000
UK excluding London median annual salary £50,000 £53,000 £50,000
% change year-on-year -5.66% +6.00% +5.26%

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 12 May 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 12 May 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 -20 87 £50,000 -6.54% 52
UK excluding London -41 64 £45,000 +8.93% 19
London +64 43 £62,500 +4.17% 32
Work from Home +44 34 £39,896 -22.16% 20
Scotland -41 20 - - 1
North of England +37 19 £31,000 -27.08% 6
South East +11 14 £45,500 -4.21% 4
Yorkshire +60 9 £47,500 +11.74% 1
North West +10 9 £31,000 -38.00% 5
Midlands -11 7 £55,000 +37.50% 3
West Midlands +16 4 £55,000 +37.50% 3
South West -34 4 £34,791 -33.82% 3
East Midlands -9 3 - -
North East - 1 - -

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

For the 6 months to 12 May 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 54 (50.47%) Risk Management
2 52 (48.60%) Finance
3 51 (47.66%) Social Skills
4 37 (34.58%) Analytical Skills
5 35 (32.71%) Degree
6 27 (25.23%) Credit Risk
7 26 (24.30%) Data Analysis
8 25 (23.36%) SQL
9 24 (22.43%) NIST
10 23 (21.50%) Information Security
11 22 (20.56%) CISA
11 22 (20.56%) CRISC
12 21 (19.63%) Legal
13 20 (18.69%) Microsoft
13 20 (18.69%) Decision-Making
14 19 (17.76%) Agile
15 18 (16.82%) Cybersecurity
16 17 (15.89%) Law
17 15 (14.02%) Inclusion and Diversity
18 14 (13.08%) Project Management
18 14 (13.08%) Python
19 13 (12.15%) Regulatory Compliance
19 13 (12.15%) B2B
19 13 (12.15%) Management Information System
20 12 (11.21%) CISSP
20 12 (11.21%) SAS
21 11 (10.28%) Credit Risk Management
21 11 (10.28%) Microsoft Excel
21 11 (10.28%) Market Risk
21 11 (10.28%) ISO/IEC 27001

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 (11.21%) SAS
2 8 (7.48%) Confluence
3 1 (0.93%) Jupyter
3 1 (0.93%) SharePoint
Applications
1 11 (10.28%) Microsoft Excel
2 10 (9.35%) Microsoft Office
3 2 (1.87%) LaTeX
3 2 (1.87%) Microsoft PowerPoint
3 2 (1.87%) MS Visio
Cloud Services
1 7 (6.54%) Power Platform
2 3 (2.80%) Azure
3 1 (0.93%) AWS
3 1 (0.93%) GitHub
3 1 (0.93%) Microsoft 365
3 1 (0.93%) SaaS
3 1 (0.93%) Snowflake
Communications & Networking
1 4 (3.74%) Firewall
2 2 (1.87%) Intranet
3 1 (0.93%) LAN
3 1 (0.93%) WAN
3 1 (0.93%) Wi-Fi
Database & Business Intelligence
1 7 (6.54%) Power BI
2 2 (1.87%) GIS
3 1 (0.93%) Data Mart
3 1 (0.93%) Data Mining
Development Applications
1 9 (8.41%) JIRA
General
1 52 (48.60%) Finance
2 51 (47.66%) Social Skills
3 37 (34.58%) Analytical Skills
4 21 (19.63%) Legal
5 17 (15.89%) Law
6 15 (14.02%) Inclusion and Diversity
7 10 (9.35%) Retail
8 7 (6.54%) Marketing
9 6 (5.61%) Banking
10 4 (3.74%) Front Office
10 4 (3.74%) Organisational Skills
10 4 (3.74%) Presentation Skills
11 2 (1.87%) Influencing Skills
Miscellaneous
1 27 (25.23%) Credit Risk
2 13 (12.15%) Management Information System
3 11 (10.28%) Market Risk
4 6 (5.61%) Blog
5 5 (4.67%) Onboarding
5 5 (4.67%) Product Ownership
6 3 (2.80%) Analytical Mindset
6 3 (2.80%) Operational Technology
6 3 (2.80%) Security Operations Centre
6 3 (2.80%) Security Posture
7 2 (1.87%) Cyber Defence
7 2 (1.87%) Cyber Security Posture
7 2 (1.87%) Data Protection Act
7 2 (1.87%) Driving Licence
7 2 (1.87%) Foreign Exchange (FX)
7 2 (1.87%) PMI
8 1 (0.93%) Derivative
8 1 (0.93%) Equities
8 1 (0.93%) Fixed Income
8 1 (0.93%) SCADA
Operating Systems
1 1 (0.93%) Windows
1 1 (0.93%) Windows Server
Processes & Methodologies
1 54 (50.47%) Risk Management
2 26 (24.30%) Data Analysis
3 23 (21.50%) Information Security
4 20 (18.69%) Decision-Making
5 19 (17.76%) Agile
6 18 (16.82%) Cybersecurity
7 14 (13.08%) Project Management
8 13 (12.15%) B2B
8 13 (12.15%) Regulatory Compliance
9 11 (10.28%) Credit Risk Management
9 11 (10.28%) Customer Service
10 10 (9.35%) Analytics
10 10 (9.35%) Customer Experience
10 10 (9.35%) Proactive Management
10 10 (9.35%) Problem-Solving
10 10 (9.35%) Stakeholder Management
10 10 (9.35%) Technical Analysis
11 9 (8.41%) Data Visualisation
11 9 (8.41%) Security Management
11 9 (8.41%) Visualisation
Programming Languages
1 25 (23.36%) SQL
2 14 (13.08%) Python
3 3 (2.80%) VBA
4 1 (0.93%) C
4 1 (0.93%) C++
4 1 (0.93%) R
4 1 (0.93%) T-SQL
Qualifications
1 35 (32.71%) Degree
2 22 (20.56%) CISA
2 22 (20.56%) CRISC
3 12 (11.21%) CISSP
4 10 (9.35%) CISM
5 8 (7.48%) ISACA
6 6 (5.61%) ISO 27001 Lead Auditor
6 6 (5.61%) Master's Degree
7 5 (4.67%) PhD
8 2 (1.87%) Computer Science Degree
8 2 (1.87%) DBS Check
8 2 (1.87%) FFIEC
8 2 (1.87%) PMI Certification
8 2 (1.87%) SANS
9 1 (0.93%) CompTIA Security+
9 1 (0.93%) ISO 27001 Lead Implementer
9 1 (0.93%) Numerate Degree
9 1 (0.93%) Security Cleared
Quality Assurance & Compliance
1 24 (22.43%) NIST
2 11 (10.28%) ISO/IEC 27001
3 10 (9.35%) GRC
4 9 (8.41%) COBIT
5 4 (3.74%) Cyber Essentials
6 3 (2.80%) Cyber Essentials PLUS
6 3 (2.80%) Data Quality
6 3 (2.80%) Sarbanes-Oxley
6 3 (2.80%) SLA
7 2 (1.87%) COSO
7 2 (1.87%) Disclosure Scotland
7 2 (1.87%) GLBA
7 2 (1.87%) ITGC
7 2 (1.87%) PCI DSS
8 1 (0.93%) COREP
8 1 (0.93%) FINREP
8 1 (0.93%) GDPR
8 1 (0.93%) IASME
8 1 (0.93%) PMBOK
System Software
1 1 (0.93%) Active Directory
Vendors
1 20 (18.69%) Microsoft
2 2 (1.87%) OneTrust
3 1 (0.93%) Bloomberg
3 1 (0.93%) Dataiku
3 1 (0.93%) Fortinet
3 1 (0.93%) iManage
3 1 (0.93%) Intapp
3 1 (0.93%) Rapid7
3 1 (0.93%) Reuters
3 1 (0.93%) ServiceNow