How Much Do Operational Risk Analysts Make?
Having a clear understanding of earnings potential is important, especially if you are researching career paths or considering changing jobs. If you're one of those people, and you're curious what kind of salary operational risk analysts make, you've come to the right place.
Using data from Lightcast,™ the Best Adult Colleges and Careers Guide has compiled rich information about salary for operational risk analysts and related jobs, including details about average compensation, salary trends and job growth. We've also gathered advertised salaries from actual job postings to provide insight into what employers of operational risk analysts are offering as compensation.
Keep reading to learn more about how much operational risk analysts can expect to make in the United States.
At a Glance: Salary & Jobs for Operational Risk Analysts
According to data from 2023, there were about 59,374 positions for operational risk analysts in the United States. In terms of salary, the national median salary for operational risk analysts was reported to be $106,101. Additionally, when examining job demand, employers across the country posted 61,568 job postings related to positions for operational risk analysts.
How Much Money Do Operational Risk Analysts Make?
Median salary is just one data point. To build a better understanding of how much money operational risk analysts and related positions can expect to make in the United States, it can be helpful to look at the full range of compensation for those jobs.
Let's look more deeply at data that was reported to the U.S. Bureau of Labor Statistics (BLS) for detail into the lowest and highest salary earnings for operational risk analysts.
Annual Salary for Operational Risk Analysts
According to the BLS, the lowest earners for operational risk analysts and related professions earned about $61,090 per year in 2023. Meanwhile, at the other end of the spectrum, the highest earners made about $184,330 annually.
As mentioned previously, the median salary for operational risk analysts in the United States in 2023 was $106,101.
Annual Salary Range For Operational Risk Analysts In 2023
Hourly Salary for Operational Risk Analysts
The BLS also breaks down compensation for operational risk analysts by hourly salary, and the median average hourly pay for operational risk analysts in 2023 was $51. Lowest hourly earners took home $29 while the highest reported hourly salaries for operational risk analysts was $89.
Hourly Salary Range For Operational Risk Analysts In 2023
Advertised Compensation for Operational Risk Analysts
Data from the BLS is one way to dig into compensation for operational risk analysts, but another way to build a more real-time understanding of salary is to look at actual job postings and see what compensation organizations are currently providing to fill open positions for operational risk analysts.
Keep in mind that salary data is not included in every job posting, so the information compiled here is reflective of the data available through Lightcast.™
Annual Salary from Job Postings for Operational Risk Analysts
Advertised Annual Salary
During a review of 63,835 job postings related to operational risk analysts, advertised salary was included in 25,273 of them, which was 40%. Based on those postings, the median advertised salary for operational risk analysts was $117,120 per year.
Hourly Salary from Job Postings for Operational Risk Analysts
Advertised Hourly Salary
A similar analysis of job postings provides insight into advertised hourly salary for operational risk analysts. Based on 41% of postings with advertised compensation, the median hourly salary for open positions for operational risk analysts in the United States is about $56.
Salary Trend for Operational Risk Analysts
If you're thinking about pursuing a career in the field, you may want to understand how compensation has changed over time for operational risk analysts. The chart below provides a snapshot of advertised salaries over the past three years.
Based on compensation data that was included in job postings for operational risk analysts dating back to September 2020, advertised salaries for operational risk analysts have increased 37%.
Advertised Wage Trend For Operational Risk Analysts
What's the Job Growth for Operational Risk Analysts?
Another data point that someone thinking about a career path should consider is whether or not jobs are expected to see growth in the future. The chart below looks at projected employment for operational risk analysts over the next 10 years.
According to the data obtained through Lightcast,™ there were 59,315 jobs for operational risk analysts in the United States in 2023. By 2033, it is expected that about 6,461 jobs will be added. That's a 10.9% increase over the next 10-year period.
Employment Projections For Operational Risk Analysts
Additional Links
Ready to dig deeper into career information about operational risk analysts? Visit our other pages focused on salary and education for operational risk analysts.
What do operational risk analysts do?
Operational Risk Analysts: How do you become one?
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