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 27 April 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
27 Apr 2024
Same period 2023 Same period 2022
Rank 797 757 959
Rank change year-on-year -40 +202 -142
Permanent jobs requiring a Risk Analyst 99 214 273
As % of all permanent jobs advertised in the UK 0.10% 0.20% 0.18%
As % of the Job Titles category 0.11% 0.22% 0.18%
Number of salaries quoted 52 106 176
10th Percentile £29,000 £35,733 £35,000
25th Percentile £41,250 £40,000 £42,500
Median annual salary (50th Percentile) £50,000 £50,429 £55,000
Median % change year-on-year -0.85% -8.31% +26.44%
75th Percentile £64,625 £72,500 £75,000
90th Percentile £74,500 £87,500 £100,000
UK excluding London median annual salary £38,646 £40,113 £45,000
% change year-on-year -3.66% -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 92,756 95,826 148,057
% of permanent jobs with a recognized job title 94.61% 91.56% 96.06%
Number of salaries quoted 66,592 60,202 85,221
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,500
Median annual salary (50th Percentile) £52,550 £60,000 £60,000
Median % change year-on-year -12.42% - +9.09%
75th Percentile £71,250 £81,250 £78,750
90th Percentile £90,000 £100,000 £96,250
UK excluding London median annual salary £50,000 £52,500 £50,000
% change year-on-year -4.76% +5.00% +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 27 April 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 27 April 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 +1 79 £50,000 -6.98% 35
UK excluding London -30 57 £38,646 -3.66% 19
London +70 42 £60,000 - 17
Work from Home +50 30 £34,791 -30.42% 14
Scotland -50 20 - -
North of England +40 19 £31,000 -27.08% 7
Yorkshire +74 9 £47,500 +11.74% 2
South East +25 9 £45,000 -5.26% 5
North West +19 9 £31,000 -38.00% 5
Midlands -1 6 - - 4
West Midlands +16 3 - - 4
South West -12 3 £34,791 -36.74% 3
East Midlands -13 3 - -
North East - 1 - -

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

For the 6 months to 27 April 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 51 (51.52%) Finance
2 49 (49.49%) Social Skills
3 47 (47.47%) Risk Management
4 35 (35.35%) Analytical Skills
5 34 (34.34%) Degree
6 26 (26.26%) Data Analysis
7 25 (25.25%) Credit Risk
8 24 (24.24%) SQL
9 22 (22.22%) Information Security
9 22 (22.22%) NIST
10 21 (21.21%) CISA
11 19 (19.19%) Legal
11 19 (19.19%) Microsoft
11 19 (19.19%) Agile
11 19 (19.19%) Decision-Making
11 19 (19.19%) CRISC
12 17 (17.17%) Law
13 15 (15.15%) Inclusion and Diversity
14 14 (14.14%) Project Management
15 13 (13.13%) B2B
15 13 (13.13%) Python
15 13 (13.13%) Regulatory Compliance
16 12 (12.12%) Cybersecurity
16 12 (12.12%) Management Information System
16 12 (12.12%) ISO/IEC 27001
17 11 (11.11%) Market Risk
17 11 (11.11%) CISSP
17 11 (11.11%) SAS
17 11 (11.11%) Credit Risk Management
17 11 (11.11%) Customer Service

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 11 (11.11%) SAS
2 8 (8.08%) Confluence
3 1 (1.01%) Jupyter
Applications
1 10 (10.10%) Microsoft Office
2 9 (9.09%) Microsoft Excel
3 2 (2.02%) LaTeX
3 2 (2.02%) Microsoft PowerPoint
4 1 (1.01%) MS Visio
Cloud Services
1 6 (6.06%) Power Platform
2 2 (2.02%) Azure
3 1 (1.01%) AWS
3 1 (1.01%) GitHub
3 1 (1.01%) SaaS
3 1 (1.01%) Snowflake
Communications & Networking
1 3 (3.03%) Firewall
2 2 (2.02%) Intranet
3 1 (1.01%) Wi-Fi
Database & Business Intelligence
1 6 (6.06%) Power BI
2 2 (2.02%) GIS
3 1 (1.01%) Data Mining
Development Applications
1 9 (9.09%) JIRA
General
1 51 (51.52%) Finance
2 49 (49.49%) Social Skills
3 35 (35.35%) Analytical Skills
4 19 (19.19%) Legal
5 17 (17.17%) Law
6 15 (15.15%) Inclusion and Diversity
7 8 (8.08%) Retail
8 7 (7.07%) Marketing
9 6 (6.06%) Banking
10 4 (4.04%) Organisational Skills
10 4 (4.04%) Presentation Skills
11 3 (3.03%) Front Office
12 2 (2.02%) Influencing Skills
Miscellaneous
1 25 (25.25%) Credit Risk
2 12 (12.12%) Management Information System
3 11 (11.11%) Market Risk
4 6 (6.06%) Blog
4 6 (6.06%) Product Ownership
5 5 (5.05%) Onboarding
6 4 (4.04%) Security Operations Centre
7 2 (2.02%) Cyber Defence
7 2 (2.02%) Driving Licence
7 2 (2.02%) PMI
7 2 (2.02%) Security Posture
8 1 (1.01%) Analytical Mindset
8 1 (1.01%) Cloud Native
8 1 (1.01%) Data Protection Act
8 1 (1.01%) Derivative
8 1 (1.01%) Equities
8 1 (1.01%) Fixed Income
8 1 (1.01%) Foreign Exchange (FX)
8 1 (1.01%) Renewable Energy
8 1 (1.01%) Self-Motivation
Processes & Methodologies
1 47 (47.47%) Risk Management
2 26 (26.26%) Data Analysis
3 22 (22.22%) Information Security
4 19 (19.19%) Agile
4 19 (19.19%) Decision-Making
5 14 (14.14%) Project Management
6 13 (13.13%) B2B
6 13 (13.13%) Regulatory Compliance
7 12 (12.12%) Cybersecurity
8 11 (11.11%) Credit Risk Management
8 11 (11.11%) Customer Service
9 10 (10.10%) Customer Experience
9 10 (10.10%) Proactive Management
9 10 (10.10%) Problem-Solving
9 10 (10.10%) Security Management
9 10 (10.10%) Technical Analysis
10 9 (9.09%) Analytics
10 9 (9.09%) Benchmarking
10 9 (9.09%) Data Loss Prevention
10 9 (9.09%) Stakeholder Management
Programming Languages
1 24 (24.24%) SQL
2 13 (13.13%) Python
3 3 (3.03%) VBA
4 1 (1.01%) C
4 1 (1.01%) C++
4 1 (1.01%) R
4 1 (1.01%) T-SQL
Qualifications
1 34 (34.34%) Degree
2 21 (21.21%) CISA
3 19 (19.19%) CRISC
4 11 (11.11%) CISSP
5 9 (9.09%) CISM
5 9 (9.09%) ISACA
6 7 (7.07%) ISO 27001 Lead Auditor
7 6 (6.06%) Master's Degree
8 5 (5.05%) PhD
9 2 (2.02%) Computer Science Degree
9 2 (2.02%) DBS Check
9 2 (2.02%) FFIEC
9 2 (2.02%) PMI Certification
9 2 (2.02%) SANS
10 1 (1.01%) CompTIA Security+
10 1 (1.01%) ISO 27001 Lead Implementer
10 1 (1.01%) Numerate Degree
Quality Assurance & Compliance
1 22 (22.22%) NIST
2 12 (12.12%) ISO/IEC 27001
3 10 (10.10%) GRC
4 7 (7.07%) COBIT
5 4 (4.04%) Cyber Essentials
6 3 (3.03%) Cyber Essentials PLUS
6 3 (3.03%) Sarbanes-Oxley
6 3 (3.03%) SLA
7 2 (2.02%) Data Quality
7 2 (2.02%) Disclosure Scotland
7 2 (2.02%) GLBA
7 2 (2.02%) PCI DSS
8 1 (1.01%) GDPR
8 1 (1.01%) IASME
8 1 (1.01%) PMBOK
Vendors
1 19 (19.19%) Microsoft
2 2 (2.02%) OneTrust
3 1 (1.01%) Bloomberg
3 1 (1.01%) Dataiku
3 1 (1.01%) iManage
3 1 (1.01%) Intapp
3 1 (1.01%) Reuters
3 1 (1.01%) ServiceNow