Operational Risk Analyst Salary

The average salary for a Operational Risk Analyst in the UK is:


Job profile for a Operational Risk Analyst

Analyze impact on, and risk to, essential business functions or information systems to identify acceptable recovery time periods and resource requirements. Attend professional meetings, read literature, and participate in training or other educational offerings to keep abreast of new developments and technologies related to disaster recovery and business continuity. Conduct or oversee contingency plan integration and operation. Create business continuity and disaster recovery budgets. Create or administer training and awareness presentations or materials. Create scenarios to re-establish operations from various types of business disruptions. Develop emergency management plans for recovery decision making and communications, continuity of critical departmental processes, or temporary shut-down of non-critical departments to ensure continuity of operation and governance. Establish, maintain, or test call trees to ensure appropriate communication during disaster. Identify opportunities for strategic improvement or mitigation of business interruption and other risks caused by business, regulatory, or industry-specific change initiatives. Interpret government regulations and applicable codes to ensure compliance. Review existing disaster recovery, crisis management, or business continuity plans. Write reports to summarize testing activities, including descriptions of goals, planning, scheduling, execution, results, analysis, conclusions, and recommendations. Design or implement products and services to mitigate risk or facilitate use of technology-based tools and methods. Prepare reports summarizing operational results, financial performance, or accomplishments of specified objectives, goals, or plans. Recommend or implement methods to monitor, evaluate, or enable resolution of safety, operations, or compliance interruptions. Test documented disaster recovery strategies and plans. Develop disaster recovery plans for physical locations with critical assets such as data centers. Maintain and update organization information technology applications and network systems blueprints. Analyze corporate intelligence data to identify trends, patterns, or warnings indicating threats to security of people, assets, information, or infrastructure. Identify individual or transaction targets to direct intelligence collection. Conduct or oversee collection of corporate intelligence to avoid fraud, financial crime, cyber-attack, terrorism, and infrastructure failure.

- Operational Risk Analyst Job Profile

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Operational Risk Analyst Salary Comparison

In 2008, the average salary for this job was £22,000.

The average salary in 2009 was £33,250, based on 2 respondents (a difference of 51% from the 2008 figure.

The average salary in 2010 was £34,334, based on 5 respondents (a difference of 3% from the 2009 figure.

The average salary in 2011 was £39,667, based on 3 respondents (a difference of 16% from the 2010 figure.

The average salary in 2012 was £21,571, based on 7 respondents (a difference of -46% from the 2011 figure.

The median salary for a Operational Risk Analyst based on all salary survey responses is: £26,750

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About the Salary Survey Data in this survey is based on over 368,000 individual salary records. The date period for which job information was gathered varies, but is usually between 2008 - 2012. For precise date related information, custom reports may be ordered with greater granularity. Working 8 hours a day, 250 days of the year, the data suggests the hourly rate for Operational Risk Analyst is £14.8.

Operational Risk Analyst Salary By UK Region

These figures use non-job specific statistical weighting from our salary data pool and also include for comparison the salaries for a Operational Risk Analyst job in US Dollars based on a recent exchante rate (last rate update 02/05/2013 with a pound to dollar exchange rate 1.56) for comparisons for our international visitors
Salary US Dollars Region
£26048 $40634.88 North West
£32265 $50333.4 London
£23680 $36940.8 Yorkshire and North East
£25752 $40173.12 South West
£30488 $47561.28 South East
£25160 $39249.6 Scotland
£26640 $41558.4 Northern Ireland
£24864 $38787.84 Wales
£27528 $42943.68 Midlands
£24568 $38326.08 East of England

With regard to age and impact on salary for a Operational Risk Analyst, a statistical average weighting (that is based on how salary varies by age and not for a specific job which may vary considerably) suggests these figures: £22,200 for a worker in their 20s, £29,008 (30s), £34,336 (40s) and £34,336 (50s).
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Information on using the salary data and granularity
The average salary figure above for a Operational Risk Analyst is considered highly likely to be representative of the UK market average due to the high number of respondents who had this exact job title.

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