Risk Management Analysts: How to Become One

If you were to ask a group of risk management analysts about how they arrived at their current job, there's a good chance you would get several different answers about the paths and steps that each person took.

That said, there are still ways that you can develop a baseline understanding of the preparation that is necessary to become one.

The Best Adult Colleges and Careers Guide has gathered data to provide you with insight into the type of education that's commonly required for risk management analysts to land a job. This page contains information, sourced from real job postings, that describes the experience levels and specific skills that employers of risk management analysts expect candidates to have. In the end, this information will help you create an education or professional development plan that aligns with your career aspirations.

Keep reading to learn more about career steps for risk management analysts.

What Education & Experience is Needed for Risk Management Analysts?

Do risk management analysts need a degree? What kind of experience do risk management analysts typically need? Thanks to data sourced from Lightcast™ from real job postings, we can get some clarity on those questions, as well as the level of education that is commonly required for risk management analysts to secure jobs.

Education Level Required in Job Postings for Risk Management Analysts

A bachelor's degree is the level of education sought the most by employers of risk management analysts. According to job data, a bachelor's degree was required for 57% of positions. In 20% of job listings a master's degree was required and in 16% of postings no education level was listed.

Experience Level Required in Job Postings for Risk Management Analysts

While the amount of required experience will vary based on the responsibility and seniority of the position, an aggregate view of job posting data can help paint a picture of the experience level sought for most job openings for risk management analysts. In 40% of job postings for Risk Management Analysts, employers were looking for candidates with 4-6 years of experience. In 24% of listings employers were looking for candidates with 2-3 years of experience, while 7-9 years of experience was sought in 16% of job postings for risk management analysts.

What Kind of Degree Do Risk Management Analysts Need?

So far this page has provided detail into the level of education and the amount of experience required in job openings for risk management analysts, but what type of education or degree will help prepare you for a career in the field?

According to occupational data obtained through Lightcast,™ there are 16 key academic programs that can help prepare prospective risk management analysts, and in 2021 a total of 84,766 of those programs were completed at institutions in the United States.

Check out the information below to learn more about the specific programs that should be considered by prospective risk management analysts.

Top Degree Programs for Risk Management Analysts

What Skills Do Risk Management Analysts Need?

Education and experience have been covered, so what are the specific skills and traits needed by risk management analysts to secure a job?

A good way to understand this is to examine actual job postings for skills commonly sought by employers. Continue reading for a breakdown of specialized skills found in job postings for risk management analysts, as well as common skills that can help you thrive in the workplace.

In-Demand Skills for Today's Risk Management Analysts
Based on 52,369 job postings

Based on 52,369 job postings related to risk management analysts, risk management was the top specialized skill sought by employers, with 73% of all postings looking for that skillset. Skills for risk analysis, auditing, finance, project management and financial services were also highly sought.

As for common skills, management was the most desired skill found in job postings for risk management analysts, followed by communications, leadership, operations, governance and microsoft excel.

Additional Links

Ready to dig deeper into career information about risk management analysts? Visit our other pages focused on salary and education for risk management analysts.

What do risk management analysts do?
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