Period
to 21 September 2017

The median annual salary for a Risk Analyst was £55,000 in advertised job vacancies during the 6 months to 21 September 2017.

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

Risk Analyst
UK
6 months to
21 Sep 2017
Same period 2016 Same period 2015
Rank 891 955 951
Rank change year-on-year +64 -4 -78
Permanent jobs requiring a Risk Analyst 281 301 381
As % of all permanent IT jobs advertised in the UK 0.16% 0.15% 0.17%
As % of the Job Titles category 0.17% 0.16% 0.18%
Number of salaries quoted 197 260 326
UK median annual salary £55,000 £55,000 £55,000
10th Percentile £35,800 £32,500 £32,000
90th Percentile £91,750 £77,500 £80,000
UK excluding London median annual salary £44,000 £40,000 £40,500
% change year-on-year +10.00% -1.23% +2.53%

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.

All Permanent IT Job Vacancies
UK
Permanent vacancies in the UK with a recognized job title 169054 187667 211623
% of permanent IT jobs with a recognized job title 95.81% 96.48% 96.45%
Number of salaries quoted 135523 157713 175423
UK median annual salary £47,500 £47,500 £45,000
Median salary % change year-on-year - +5.56% -
10th Percentile £27,500 £26,750 £26,250
90th Percentile £78,750 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,000
% change year-on-year - +6.25% -

Risk Analyst
Job Vacancy Trend

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

Job vacancy trend for Risk Analyst in the UK

Risk Analyst
Salary Trend

This chart provides the 3-month moving average for salaries quoted in permanent IT jobs citing Risk Analyst.

Salary trend for Risk Analyst in the UK

Risk Analyst
Salary Histogram

The salary distribution of IT jobs citing Risk Analyst over the 6 months to 21 September 2017.

Salary histogram for Risk Analyst in the UK

Risk Analyst
Top 15 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 21 September 2017. 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
Job
Vacancies
England +38 273 £55,000 - 27
London +17 196 £61,250 -9.26% 16
UK excluding London +28 84 £44,000 +10.00% 11
North of England -6 45 £45,000 +20.00% 7
North West -15 26 £45,000 +20.00% 7
Yorkshire +29 17 £45,000 +12.50%
Midlands +25 13 £51,250 -6.82%
South East +39 11 £42,500 +1.40% 1
East Midlands +40 10 £55,000 -
East of England +3 6 £44,000 -16.19% 1
Wales +16 5 £33,750 -3.57%
West Midlands +8 3 £27,500 -31.25%
Scotland -16 3 £43,750 +31.58%
North East +16 2 £31,750 -0.78%
South West +10 2 £65,000 +80.56% 2

Risk Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 21 September 2017, Risk Analyst job roles required the following IT skills in order of popularity. The figures indicate the number co-occurrences and its proportion to all job ads featuring Risk Analyst in the job title.

1 189 (67.26%) Finance
2 123 (43.77%) Banking
3 99 (35.23%) Credit Risk
4 97 (34.52%) SQL
5 96 (34.16%) Analytical Skills
6 89 (31.67%) Asset Management
7 80 (28.47%) Investment Banking
8 79 (28.11%) Risk Management
9 78 (27.76%) Derivative
10 76 (27.05%) Analytics
10 76 (27.05%) Information Security
11 68 (24.20%) Equities
11 68 (24.20%) Business Analysis
12 67 (23.84%) Microsoft Excel
13 65 (23.13%) Wealth Management
14 63 (22.42%) SDLC
15 61 (21.71%) Retail
16 60 (21.35%) Project Management
17 59 (21.00%) Foreign Exchange (FX)
18 58 (20.64%) Retail Banking
19 57 (20.28%) JIRA
20 54 (19.22%) Microsoft
20 54 (19.22%) OTC Derivatives
21 53 (18.86%) Credit Risk Analytics
22 52 (18.51%) Risk Analytics
23 50 (17.79%) Basel III
24 47 (16.73%) Stakeholder Management
25 46 (16.37%) CISSP
26 40 (14.23%) ISO/IEC 27001
27 35 (12.46%) Risk Analysis

Risk Analyst Skill Set
Co-occurring IT Skills by Category

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

Application Platforms
1 28 (9.96%) SAS
2 6 (2.14%) Apache Spark
3 1 (0.36%) Confluence
Applications
1 67 (23.84%) Microsoft Excel
2 10 (3.56%) Microsoft PowerPoint
3 9 (3.20%) Stata
4 6 (2.14%) Microsoft Office
5 2 (0.71%) MS Visio
6 1 (0.36%) Doxygen
6 1 (0.36%) EViews
6 1 (0.36%) LaTeX
6 1 (0.36%) Spreadsheet
Business Applications
1 2 (0.71%) Oracle Procure-to-Pay
1 2 (0.71%) Primavera
2 1 (0.36%) Front Arena
2 1 (0.36%) thinkFolio
Cloud Services
1 2 (0.71%) Microsoft Azure
1 2 (0.71%) SaaS
Communications & Networking
1 10 (3.56%) Network Security
2 4 (1.42%) Firewall
3 1 (0.36%) SMS
3 1 (0.36%) VPN
Database & Business Intelligence
1 12 (4.27%) Data Warehouse
2 8 (2.85%) Big Data
3 7 (2.49%) Hadoop
4 6 (2.14%) Apache Cassandra
5 5 (1.78%) Base SAS
5 5 (1.78%) QlikView
6 4 (1.42%) Data Mining
6 4 (1.42%) SAS Enterprise Guide
6 4 (1.42%) SQL Server
7 3 (1.07%) Qlik Sense
7 3 (1.07%) RDBMS
7 3 (1.07%) Relational Database
7 3 (1.07%) SAS EBI
7 3 (1.07%) Spotfire
8 2 (0.71%) DataStage
8 2 (0.71%) Oracle Reports
8 2 (0.71%) Power BI
8 2 (0.71%) SQL Server Integration Services
9 1 (0.36%) DB2
9 1 (0.36%) MS Access
Development Applications
1 57 (20.28%) JIRA
2 1 (0.36%) Git (software)
2 1 (0.36%) Subversion
2 1 (0.36%) TestDirector
General
1 189 (67.26%) Finance
2 123 (43.77%) Banking
3 80 (28.47%) Investment Banking
4 61 (21.71%) Retail
5 58 (20.64%) Retail Banking
6 19 (6.76%) Front Office
7 8 (2.85%) Private Banking
8 7 (2.49%) Law
9 4 (1.42%) Advertising
9 4 (1.42%) Legal
10 3 (1.07%) Games
10 3 (1.07%) Manufacturing
11 2 (0.71%) Financial Institution
11 2 (0.71%) Marketing
11 2 (0.71%) Pharmaceutical
12 1 (0.36%) Back Office
12 1 (0.36%) Electronics
12 1 (0.36%) International Banking
12 1 (0.36%) Telecoms
Libraries, Frameworks & Software Standards
1 14 (4.98%) NumPy
2 6 (2.14%) Kafka
2 6 (2.14%) Pandas
2 6 (2.14%) SciPy
3 4 (1.42%) Web Services
Miscellaneous
1 99 (35.23%) Credit Risk
2 96 (34.16%) Analytical Skills
3 78 (27.76%) Derivative
4 68 (24.20%) Equities
5 59 (21.00%) Foreign Exchange (FX)
6 54 (19.22%) OTC Derivatives
7 35 (12.46%) Management Information System
8 23 (8.19%) Market Risk
9 14 (4.98%) Fixed Income
10 11 (3.91%) Hedge funds
11 9 (3.20%) Equity Derivative
12 8 (2.85%) Equity Risk
13 5 (1.78%) Virtual Team
14 4 (1.42%) Cyber Defence
15 2 (0.71%) Data Centre
15 2 (0.71%) Fintech
16 1 (0.36%) Computer Science
16 1 (0.36%) Cyberthreat
16 1 (0.36%) Driving Licence
16 1 (0.36%) User Experience
Operating Systems
1 1 (0.36%) Windows
Processes & Methodologies
1 89 (31.67%) Asset Management
2 79 (28.11%) Risk Management
3 76 (27.05%) Analytics
3 76 (27.05%) Information Security
4 68 (24.20%) Business Analysis
5 65 (23.13%) Wealth Management
6 63 (22.42%) SDLC
7 60 (21.35%) Project Management
8 53 (18.86%) Credit Risk Analytics
9 52 (18.51%) Risk Analytics
10 47 (16.73%) Stakeholder Management
11 35 (12.46%) Risk Analysis
12 28 (9.96%) Data Protection
13 25 (8.90%) ITIL
14 24 (8.54%) IT Audit
15 23 (8.19%) IT Governance
16 19 (6.76%) Agile Software Development
17 18 (6.41%) Risk Assessment
18 17 (6.05%) Data Analysis
19 16 (5.69%) Mathematics
Programming Languages
1 97 (34.52%) SQL
2 21 (7.47%) Python
3 17 (6.05%) R
4 15 (5.34%) C++
5 11 (3.91%) MATLAB
6 8 (2.85%) C#
6 8 (2.85%) VBA
7 7 (2.49%) Java
8 2 (0.71%) T-SQL
9 1 (0.36%) Scala
Qualifications
1 46 (16.37%) CISSP
2 35 (12.46%) CISM
3 30 (10.68%) Degree
4 27 (9.61%) CISA
4 27 (9.61%) CRISC
5 12 (4.27%) SANS
6 7 (2.49%) ISO 27001 Lead Auditor
7 5 (1.78%) CISMP
7 5 (1.78%) ISO 27001 Lead Implementer
7 5 (1.78%) Numerate Degree
8 3 (1.07%) PhD
9 2 (0.71%) ACCA
9 2 (0.71%) CIMA
9 2 (0.71%) Master's Degree
9 2 (0.71%) SC Cleared
9 2 (0.71%) Security Cleared
Quality Assurance & Compliance
1 50 (17.79%) Basel III
2 40 (14.23%) ISO/IEC 27001
3 22 (7.83%) PCI DSS
4 18 (6.41%) GDPR
5 17 (6.05%) COBIT
6 16 (5.69%) Sarbanes-Oxley
7 11 (3.91%) Cyber Essentials
8 8 (2.85%) IFRS
8 8 (2.85%) IFRS 9
8 8 (2.85%) PMO
9 7 (2.49%) Data Quality
9 7 (2.49%) ISO 9001
10 3 (1.07%) Basel II
11 1 (0.36%) ISO 22301
11 1 (0.36%) QA
Systems Management
1 1 (0.36%) HP Quality Center
1 1 (0.36%) RSA Archer
Vendors
1 54 (19.22%) Microsoft
2 5 (1.78%) Tableau
3 4 (1.42%) Oracle
3 4 (1.42%) SAP
4 2 (0.71%) CA
4 2 (0.71%) Cognos
4 2 (0.71%) IBM
4 2 (0.71%) Informatica
4 2 (0.71%) JD Edwards
4 2 (0.71%) Murex
4 2 (0.71%) Teradata
5 1 (0.36%) Charles River
5 1 (0.36%) Tripwire