Risk Analyst Jobs in the West Midlands

Risk Analyst
England > West Midlands

The median Risk Analyst salary in the West Midlands is £59,250 per year, according to job vacancies posted during the 6 months leading to 25 August 2025.

The table below provides salary benchmarking and summary statistics, comparing them to the same period in the previous two years.

6 months to
25 Aug 2025
Same period 2024 Same period 2023
Rank 188 224 205
Rank change year-on-year +36 -19 +101
DemandTrendPermanent jobs requiring a Risk Analyst 4 8 5
As % of all permanent jobs advertised in the West Midlands 0.099% 0.12% 0.11%
As % of the Job Titles category 0.11% 0.13% 0.13%
Number of salaries quoted 4 2 5
10th Percentile £44,300 £53,125 £33,000
25th Percentile £47,000 £54,063 £37,500
Median annual salary (50th Percentile) £59,250 £58,750 £40,000
Median % change year-on-year +0.85% +46.88% -20.00%
75th Percentile £69,688 £64,063 £42,500
90th Percentile £71,375 £65,375 -
England median annual salary £67,500 £66,500 £57,500
% change year-on-year +1.50% +15.65% +4.55%

All DemandTrendPermanent IT Job Vacancies
West Midlands

For comparison with the information above, the following table provides summary statistics for all permanent IT job vacancies in the West Midlands. 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.

DemandTrendPermanent vacancies in the West Midlands with a recognized job title 3,704 6,205 3,944
% of permanent jobs with a recognized job title 91.28% 94.91% 90.11%
Number of salaries quoted 2,080 3,978 2,964
10th Percentile £27,750 £28,119 £27,750
25th Percentile £32,500 £36,000 £37,500
Median annual salary (50th Percentile) £50,000 £50,000 £52,500
Median % change year-on-year - -4.76% +5.00%
75th Percentile £66,250 £65,000 £65,000
90th Percentile £80,000 £80,000 £77,500
England median annual salary £55,000 £55,000 £60,000
% change year-on-year - -8.33% -

Risk Analyst
Job Vacancy Trend in the West Midlands

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

Job vacancy trend for Risk Analyst in the West Midlands

Risk Analyst
Salary Trend in the West Midlands

Salary distribution trend for Risk Analyst job vacancies in the West Midlands.

Salary distribution trend for Risk Analyst job vacancies in the West Midlands

Risk Analyst
Salary Histogram in the West Midlands

Salary distribution for jobs citing Risk Analyst in the West Midlands over the 6 months to 25 August 2025.

Salary histogram for Risk Analyst in the West Midlands

Risk Analyst
Job Locations in the West Midlands

The table below looks at the demand and provides a guide to the median salaries quoted in IT jobs citing Risk Analyst within the West Midlands region over the 6 months to 25 August 2025. 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
DemandTrendPermanent
IT Job Ads
Median Salary
Past 6 Months
Median Salary
% Change
on Same Period
Last Year
Live
Jobs
Birmingham +29 3 £67,500 +8.00%
Wolverhampton - 1 £51,000 -
Risk Analyst
England

Risk Analyst Skill Set
Top 30 Co-occurring Skills and Capabilities in the West Midlands

For the 6 months to 25 August 2025, 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 across the West Midlands region featuring Risk Analyst in the job title.

1 4 (100.00%) Finance
2 3 (75.00%) Python
3 2 (50.00%) SQL
3 2 (50.00%) Statistics
3 2 (50.00%) Degree
3 2 (50.00%) Computer Science
3 2 (50.00%) Credit Risk
3 2 (50.00%) Data Cleansing
3 2 (50.00%) Visualisation
3 2 (50.00%) Predictive Modelling
3 2 (50.00%) Economics
3 2 (50.00%) R
3 2 (50.00%) Data Visualisation
3 2 (50.00%) Machine Learning
3 2 (50.00%) Statistical Modelling
3 2 (50.00%) Risk Analytics
3 2 (50.00%) Analytics
3 2 (50.00%) Credit Risk Modelling
3 2 (50.00%) A/B Testing
3 2 (50.00%) Computer Science Degree
3 2 (50.00%) Credit Risk Analytics
3 2 (50.00%) Data Science
3 2 (50.00%) Decision-Making
3 2 (50.00%) Algorithms
3 2 (50.00%) Presentation Skills
3 2 (50.00%) Salesforce
4 1 (25.00%) Regulatory Change
4 1 (25.00%) Power BI
4 1 (25.00%) Problem-Solving
4 1 (25.00%) Power Platform

Risk Analyst Skill Set
Co-occurring Skills and Capabilities in the West Midlands 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:

Applications
1 1 (25.00%) Microsoft Excel
Cloud Services
1 1 (25.00%) Power Platform
Database & Business Intelligence
1 1 (25.00%) Power BI
General
1 4 (100.00%) Finance
2 2 (50.00%) Presentation Skills
3 1 (25.00%) Analytical Skills
3 1 (25.00%) Banking
3 1 (25.00%) Public Sector
3 1 (25.00%) Social Skills
Miscellaneous
1 2 (50.00%) Algorithms
1 2 (50.00%) Credit Risk
2 1 (25.00%) Renewable Energy
Processes & Methodologies
1 2 (50.00%) A/B Testing
1 2 (50.00%) Analytics
1 2 (50.00%) Computer Science
1 2 (50.00%) Credit Risk Analytics
1 2 (50.00%) Credit Risk Modelling
1 2 (50.00%) Data Cleansing
1 2 (50.00%) Data Science
1 2 (50.00%) Data Visualisation
1 2 (50.00%) Decision-Making
1 2 (50.00%) Economics
1 2 (50.00%) Machine Learning
1 2 (50.00%) Predictive Modelling
1 2 (50.00%) Risk Analytics
1 2 (50.00%) Statistical Modelling
1 2 (50.00%) Statistics
1 2 (50.00%) Visualisation
2 1 (25.00%) Risk Analysis
2 1 (25.00%) Risk Assessment
2 1 (25.00%) Risk Management
2 1 (25.00%) Time Management
Programming Languages
1 3 (75.00%) Python
2 2 (50.00%) R
2 2 (50.00%) SQL
3 1 (25.00%) VBA
Qualifications
1 2 (50.00%) Computer Science Degree
1 2 (50.00%) Degree
2 1 (25.00%) CISA
2 1 (25.00%) CISM
2 1 (25.00%) CRISC
Quality Assurance & Compliance
1 1 (25.00%) GRC
Vendors
1 2 (50.00%) Salesforce