How much does a risk analyst make?

In the U.S., pay can differ with experience, useful credentials such as FRM, and skill with complex risk models. It also varies by employer or industry, location, and the difficulty of the work.

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk. Excludes “Credit Analysts” (13-2041).

What's a typical day like?

They review company and market data, use statistical models to measure risk, and consider how market scenarios could affect a business. They explain their findings to clients or coworkers and discuss what the risk numbers mean.

In the U.S., a bachelor’s degree in finance or a related field is typical, and internships can provide useful experience. An optional FRM credential requires passing two exams and gaining two years of relevant work experience.

Usually a bachelor's degree (preparation level 4 of 5)

Good for people who like keeping things organized and figuring things out.

A bank stress test is not a prediction: the Fed uses made-up recession scenarios to check whether big banks could keep lending to families and businesses.