Risk Analyst
UK

The median Risk Analyst salary in the UK is £55,000 per year according to job vacancies posted during the 6 months to 20 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
20 May 2024
Same period 2023 Same period 2022
Rank 776 764 948
Rank change year-on-year -12 +184 -110
Permanent jobs requiring a Risk Analyst 108 212 300
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 57 107 184
10th Percentile £29,000 £35,733 £35,000
25th Percentile £42,500 £40,000 £42,500
Median annual salary (50th Percentile) £55,000 £52,500 £55,000
Median % change year-on-year +4.76% -4.55% +22.22%
75th Percentile £66,250 £72,500 £75,000
90th Percentile £72,000 £87,500 £100,000
UK excluding London median annual salary £45,000 £40,057 £45,000
% change year-on-year +12.34% -10.99% +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 94,627 91,047 156,403
% of permanent jobs with a recognized job title 94.71% 91.54% 96.08%
Number of salaries quoted 67,562 57,571 85,106
10th Percentile £28,500 £32,500 £32,500
25th Percentile £38,500 £45,000 £42,500
Median annual salary (50th Percentile) £52,500 £60,000 £60,000
Median % change year-on-year -12.50% - +9.09%
75th Percentile £70,750 £80,000 £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 20 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 20 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 -11 88 £55,000 - 60
UK excluding London -33 67 £45,000 +12.34% 22
London +43 41 £62,500 +4.17% 37
Work from Home +49 34 £39,896 -27.46% 33
North of England +25 20 £31,000 -27.08% 7
Scotland -52 20 - -
South East +16 16 £46,000 -3.16% 10
Yorkshire +62 10 £62,500 +47.02% 5
North West +7 9 £31,000 -38.17% 2
Midlands -12 7 £55,000 +37.50% 2
West Midlands +7 4 £55,000 +37.50% 2
South West -31 4 £34,791 -36.74% 2
East Midlands -17 3 - -
North East - 1 - -

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

For the 6 months to 20 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 56 (51.85%) Risk Management
2 53 (49.07%) Finance
3 51 (47.22%) Social Skills
4 36 (33.33%) Analytical Skills
5 35 (32.41%) Degree
6 26 (24.07%) Data Analysis
6 26 (24.07%) Credit Risk
7 25 (23.15%) SQL
8 24 (22.22%) Information Security
8 24 (22.22%) NIST
9 23 (21.30%) CRISC
10 22 (20.37%) Legal
10 22 (20.37%) CISA
11 21 (19.44%) Microsoft
11 21 (19.44%) Decision-Making
12 20 (18.52%) Cybersecurity
12 20 (18.52%) Agile
13 17 (15.74%) Law
14 15 (13.89%) Inclusion and Diversity
15 14 (12.96%) Project Management
16 13 (12.04%) CISSP
16 13 (12.04%) Python
16 13 (12.04%) B2B
16 13 (12.04%) Management Information System
16 13 (12.04%) ISO/IEC 27001
16 13 (12.04%) Regulatory Compliance
17 12 (11.11%) SAS
17 12 (11.11%) Microsoft Excel
18 11 (10.19%) CISM
18 11 (10.19%) Retail

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 (11.11%) SAS
2 8 (7.41%) Confluence
3 1 (0.93%) Jupyter
3 1 (0.93%) SharePoint
Applications
1 12 (11.11%) Microsoft Excel
2 10 (9.26%) Microsoft Office
3 2 (1.85%) LaTeX
3 2 (1.85%) Microsoft PowerPoint
3 2 (1.85%) MS Visio
Cloud Services
1 7 (6.48%) Power Platform
2 3 (2.78%) 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 (3.70%) Firewall
2 2 (1.85%) Intranet
3 1 (0.93%) LAN
3 1 (0.93%) WAN
3 1 (0.93%) Wi-Fi
Database & Business Intelligence
1 7 (6.48%) Power BI
2 2 (1.85%) GIS
3 1 (0.93%) Data Mart
3 1 (0.93%) Data Mining
Development Applications
1 9 (8.33%) JIRA
General
1 53 (49.07%) Finance
2 51 (47.22%) Social Skills
3 36 (33.33%) Analytical Skills
4 22 (20.37%) Legal
5 17 (15.74%) Law
6 15 (13.89%) Inclusion and Diversity
7 11 (10.19%) Retail
8 7 (6.48%) Banking
8 7 (6.48%) Marketing
9 4 (3.70%) Organisational Skills
9 4 (3.70%) Presentation Skills
10 3 (2.78%) Front Office
11 2 (1.85%) Influencing Skills
Miscellaneous
1 26 (24.07%) Credit Risk
2 13 (12.04%) Management Information System
3 11 (10.19%) Market Risk
4 6 (5.56%) Blog
5 5 (4.63%) Onboarding
5 5 (4.63%) Product Ownership
6 4 (3.70%) Operational Technology
7 3 (2.78%) Analytical Mindset
7 3 (2.78%) Cyber Security Posture
7 3 (2.78%) Security Operations Centre
7 3 (2.78%) Security Posture
8 2 (1.85%) Cyber Defence
8 2 (1.85%) Data Protection Act
8 2 (1.85%) Driving Licence
8 2 (1.85%) Foreign Exchange (FX)
8 2 (1.85%) PMI
9 1 (0.93%) Cloud Native
9 1 (0.93%) Equities
9 1 (0.93%) Fixed Income
9 1 (0.93%) SCADA
Operating Systems
1 1 (0.93%) Windows
1 1 (0.93%) Windows Server
Processes & Methodologies
1 56 (51.85%) Risk Management
2 26 (24.07%) Data Analysis
3 24 (22.22%) Information Security
4 21 (19.44%) Decision-Making
5 20 (18.52%) Agile
5 20 (18.52%) Cybersecurity
6 14 (12.96%) Project Management
7 13 (12.04%) B2B
7 13 (12.04%) Regulatory Compliance
8 11 (10.19%) Credit Risk Management
8 11 (10.19%) Customer Service
9 10 (9.26%) Collaborative Working
9 10 (9.26%) Customer Experience
9 10 (9.26%) Proactive Management
9 10 (9.26%) Problem-Solving
9 10 (9.26%) Stakeholder Management
9 10 (9.26%) Technical Analysis
10 9 (8.33%) Data Protection
10 9 (8.33%) Mathematics
10 9 (8.33%) Visualisation
Programming Languages
1 25 (23.15%) SQL
2 13 (12.04%) Python
3 3 (2.78%) VBA
4 1 (0.93%) R
4 1 (0.93%) T-SQL
Qualifications
1 35 (32.41%) Degree
2 23 (21.30%) CRISC
3 22 (20.37%) CISA
4 13 (12.04%) CISSP
5 11 (10.19%) CISM
6 7 (6.48%) ISACA
7 6 (5.56%) ISO 27001 Lead Auditor
7 6 (5.56%) Master's Degree
8 5 (4.63%) PhD
9 2 (1.85%) Computer Science Degree
9 2 (1.85%) DBS Check
9 2 (1.85%) FFIEC
9 2 (1.85%) PMI Certification
9 2 (1.85%) SANS
10 1 (0.93%) CompTIA Security+
10 1 (0.93%) ISO 27001 Lead Implementer
10 1 (0.93%) Numerate Degree
10 1 (0.93%) Security Cleared
Quality Assurance & Compliance
1 24 (22.22%) NIST
2 13 (12.04%) ISO/IEC 27001
3 10 (9.26%) COBIT
3 10 (9.26%) GRC
4 4 (3.70%) Cyber Essentials
4 4 (3.70%) ITGC
4 4 (3.70%) Sarbanes-Oxley
5 3 (2.78%) COSO
5 3 (2.78%) Cyber Essentials PLUS
5 3 (2.78%) Data Quality
5 3 (2.78%) SLA
6 2 (1.85%) Disclosure Scotland
6 2 (1.85%) GLBA
6 2 (1.85%) PCI DSS
7 1 (0.93%) COREP
7 1 (0.93%) FINREP
7 1 (0.93%) GDPR
7 1 (0.93%) IASME
7 1 (0.93%) ISO 31000
7 1 (0.93%) PMBOK
System Software
1 1 (0.93%) Active Directory
Vendors
1 21 (19.44%) Microsoft
2 2 (1.85%) 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