Period
to 19 November 2017

The median annual salary for a Risk Analyst was £50,000 in advertised job vacancies during the 6 months to 19 November 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
19 Nov 2017
Same period 2016 Same period 2015
Rank 915 922 884
Rank change year-on-year +7 -38 +39
Permanent jobs requiring a Risk Analyst 285 297 436
As % of all permanent IT jobs advertised in the UK 0.16% 0.16% 0.20%
As % of the Job Titles category 0.17% 0.16% 0.21%
Number of salaries quoted 201 253 367
UK median annual salary £50,000 £55,000 £52,500
Median salary % change year-on-year -9.09% +4.76% -4.55%
10th Percentile £37,250 £33,750 £32,000
90th Percentile £91,250 £76,000 £78,000
UK excluding London median annual salary £42,500 £40,000 £37,500
% change year-on-year +6.25% +6.67% -6.25%

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 170720 182020 210826
% of permanent IT jobs with a recognized job title 95.77% 96.48% 96.45%
Number of salaries quoted 136880 152336 175085
UK median annual salary £48,000 £47,500 £45,000
Median salary % change year-on-year +1.05% +5.56% -
10th Percentile £27,500 £27,000 £26,250
90th Percentile £78,750 £77,500 £75,000
UK excluding London median annual salary £42,500 £42,500 £40,500
% change year-on-year - +4.94% +1.25%

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 19 November 2017.

Salary histogram for Risk Analyst in the UK

Risk Analyst
Top 13 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 19 November 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 +21 271 £52,500 -4.55% 18
London +12 202 £60,000 -4.00% 14
UK excluding London +17 79 £42,500 +6.25% 4
North of England +14 40 £42,500 +6.25% 1
North West +1 24 £42,500 +6.25%
South East +45 19 £42,500 +5.59% 2
Yorkshire +37 16 £42,500 +14.86% 1
Midlands +22 8 £45,000 +12.50%
Scotland -3 6 £45,000 +36.36%
West Midlands +1 5 £26,500 -33.75%
Wales +20 4 £33,750 -3.57%
East Midlands - 3 £55,000 -
East of England +4 2 £44,000 -21.78% 1

Risk Analyst Skill Set
Top 30 Co-occurring IT Skills

For the 6 months to 19 November 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.

1 176 (61.75%) Finance
2 122 (42.81%) Banking
3 121 (42.46%) Credit Risk
4 93 (32.63%) SQL
5 86 (30.18%) Risk Management
5 86 (30.18%) Analytics
6 84 (29.47%) Analytical Skills
7 72 (25.26%) Investment Banking
7 72 (25.26%) Asset Management
7 72 (25.26%) Business Analysis
8 67 (23.51%) Information Security
8 67 (23.51%) Microsoft Excel
8 67 (23.51%) Project Management
9 66 (23.16%) Derivative
10 65 (22.81%) Equities
11 60 (21.05%) Wealth Management
12 57 (20.00%) JIRA
13 56 (19.65%) Retail Banking
13 56 (19.65%) Risk Analytics
14 55 (19.30%) Microsoft
15 53 (18.60%) OTC Derivatives
16 52 (18.25%) Credit Risk Analytics
17 51 (17.89%) SDLC
17 51 (17.89%) Foreign Exchange (FX)
18 50 (17.54%) CISSP
18 50 (17.54%) Basel III
19 39 (13.68%) Stakeholder Management
19 39 (13.68%) SAS
20 35 (12.28%) PCI DSS
21 31 (10.88%) 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 39 (13.68%) SAS
2 3 (1.05%) Confluence
Applications
1 67 (23.51%) Microsoft Excel
2 10 (3.51%) Microsoft Office
3 8 (2.81%) Microsoft PowerPoint
4 6 (2.11%) MS Visio
5 5 (1.75%) Stata
6 1 (0.35%) Doxygen
6 1 (0.35%) LaTeX
6 1 (0.35%) Microsoft Project
Business Applications
1 2 (0.70%) Oracle Procure-to-Pay
1 2 (0.70%) Primavera
2 1 (0.35%) Summit
2 1 (0.35%) thinkFolio
Cloud Services
1 3 (1.05%) Microsoft Azure
2 2 (0.70%) SaaS
Communications & Networking
1 5 (1.75%) Firewall
2 4 (1.40%) Network Security
3 1 (0.35%) SMS
3 1 (0.35%) VPN
Database & Business Intelligence
1 14 (4.91%) Base SAS
2 10 (3.51%) Data Warehouse
3 7 (2.46%) SQL Server
4 6 (2.11%) QlikView
5 4 (1.40%) Data Mining
5 4 (1.40%) SAS Enterprise Guide
6 3 (1.05%) Power BI
6 3 (1.05%) Qlik Sense
6 3 (1.05%) RDBMS
6 3 (1.05%) Relational Database
6 3 (1.05%) Spotfire
7 2 (0.70%) Big Data
7 2 (0.70%) DataStage
7 2 (0.70%) Oracle Reports
7 2 (0.70%) SAS EBI
7 2 (0.70%) SQL Server Integration Services
8 1 (0.35%) DB2
8 1 (0.35%) GIS
8 1 (0.35%) MongoDB
8 1 (0.35%) MS Access
Development Applications
1 57 (20.00%) JIRA
2 1 (0.35%) Git (software)
2 1 (0.35%) Subversion
2 1 (0.35%) TeamCity
2 1 (0.35%) TestDirector
General
1 176 (61.75%) Finance
2 122 (42.81%) Banking
3 72 (25.26%) Investment Banking
4 56 (19.65%) Retail Banking
5 10 (3.51%) Front Office
5 10 (3.51%) Legal
6 8 (2.81%) Private Banking
7 7 (2.46%) Law
8 6 (2.11%) Financial Institution
8 6 (2.11%) Games
8 6 (2.11%) International Banking
8 6 (2.11%) Manufacturing
9 4 (1.40%) Marketing
9 4 (1.40%) Retail
10 3 (1.05%) Electronics
10 3 (1.05%) Telecoms
11 2 (0.70%) Pharmaceutical
12 1 (0.35%) Back Office
12 1 (0.35%) Retail Finance
Libraries, Frameworks & Software Standards
1 5 (1.75%) NumPy
2 1 (0.35%) XML
2 1 (0.35%) XSLT
Miscellaneous
1 121 (42.46%) Credit Risk
2 84 (29.47%) Analytical Skills
3 66 (23.16%) Derivative
4 65 (22.81%) Equities
5 53 (18.60%) OTC Derivatives
6 51 (17.89%) Foreign Exchange (FX)
7 19 (6.67%) Management Information System
7 19 (6.67%) Market Risk
8 13 (4.56%) Fixed Income
9 7 (2.46%) Fintech
10 6 (2.11%) Hedge funds
11 5 (1.75%) Equity Derivative
11 5 (1.75%) Equity Risk
12 4 (1.40%) Virtual Team
13 3 (1.05%) Computer Science
14 2 (0.70%) Algorithms
14 2 (0.70%) Data Centre
15 1 (0.35%) Cyberthreat
15 1 (0.35%) iPad
15 1 (0.35%) User Experience
Operating Systems
1 1 (0.35%) Windows
Processes & Methodologies
1 86 (30.18%) Analytics
1 86 (30.18%) Risk Management
2 72 (25.26%) Asset Management
2 72 (25.26%) Business Analysis
3 67 (23.51%) Information Security
3 67 (23.51%) Project Management
4 60 (21.05%) Wealth Management
5 56 (19.65%) Risk Analytics
6 52 (18.25%) Credit Risk Analytics
7 51 (17.89%) SDLC
8 39 (13.68%) Stakeholder Management
9 31 (10.88%) Risk Analysis
10 24 (8.42%) Incident Management
10 24 (8.42%) Risk Assessment
11 21 (7.37%) Agile Software Development
11 21 (7.37%) Data Analysis
12 20 (7.02%) Data Protection
13 19 (6.67%) IT Audit
14 18 (6.32%) Cybersecurity
14 18 (6.32%) ITIL
Programming Languages
1 93 (32.63%) SQL
2 13 (4.56%) Python
3 9 (3.16%) MATLAB
4 8 (2.81%) R
5 6 (2.11%) C++
5 6 (2.11%) VBA
6 3 (1.05%) T-SQL
7 2 (0.70%) C#
7 2 (0.70%) Java
7 2 (0.70%) Scala
8 1 (0.35%) VB
Qualifications
1 50 (17.54%) CISSP
2 29 (10.18%) Degree
3 27 (9.47%) CISM
4 24 (8.42%) CISA
5 21 (7.37%) CRISC
6 9 (3.16%) SANS
7 6 (2.11%) SAS Certification
8 2 (0.70%) ACCA
8 2 (0.70%) CIMA
8 2 (0.70%) GIAC
8 2 (0.70%) Master's Degree
8 2 (0.70%) Numerate Degree
8 2 (0.70%) PhD
8 2 (0.70%) SC Cleared
8 2 (0.70%) Security Cleared
9 1 (0.35%) CISMP
9 1 (0.35%) Computer Science Degree
9 1 (0.35%) ISO 27001 Lead Auditor
Quality Assurance & Compliance
1 50 (17.54%) Basel III
2 35 (12.28%) PCI DSS
3 24 (8.42%) COBIT
4 23 (8.07%) ISO/IEC 27001
5 22 (7.72%) Sarbanes-Oxley
6 16 (5.61%) GDPR
7 13 (4.56%) ISO 9001
8 7 (2.46%) Cyber Essentials
9 6 (2.11%) PMO
10 4 (1.40%) IFRS
10 4 (1.40%) IFRS 9
10 4 (1.40%) ISO/IEC 27002 (supersedes ISO/IEC 17799)
11 2 (0.70%) Data Quality
11 2 (0.70%) ISO 22301
12 1 (0.35%) Basel II
12 1 (0.35%) QA
System Software
1 2 (0.70%) Active Directory
Systems Management
1 1 (0.35%) HP Quality Center
1 1 (0.35%) RSA Archer
Vendors
1 55 (19.30%) Microsoft
2 6 (2.11%) SAP
2 6 (2.11%) Tableau
3 4 (1.40%) Oracle
4 2 (0.70%) CA
4 2 (0.70%) Cognos
4 2 (0.70%) IBM
4 2 (0.70%) Informatica
4 2 (0.70%) JD Edwards
4 2 (0.70%) Murex
4 2 (0.70%) Teradata
5 1 (0.35%) Atlassian
5 1 (0.35%) Charles River
5 1 (0.35%) MicroStrategy
5 1 (0.35%) Tripwire