Operational Risk Analyst I Salary in Germany

Change Country
Change Country

Get Salary Data on All Global Countries

How much does an Operational Risk Analyst I make in Germany? The average Operational Risk Analyst I salary in Germany is €56,089 as of March 23, 2021, but the range typically falls between €42,667 and €61,956. Salary ranges can vary widely depending on many important factors, including education, certifications, additional skills, the number of years you have spent in your profession. With more global market data that allows you to price your jobs around the world and compare job salaries across countries and cities on real-time compensation data, Salary.com helps you to determine your exact pay target.

View as graph View as table
Global Market Data
50TH(Median) €56,089 25TH €42,667 75TH €61,956

Employers: Find Surveys For This Job

Employers: Price Your Company Jobs

Change Search Criteria

See it in Action

Skills to Boost an Operational Risk Analyst I Salary

Mastering key skills can significantly increase your earning potential as an Operational Risk Analyst I. According to Salary.com's Real-time Job Posting Data, expertise in Loss Prevention can lead to a 2% salary raise, while strong Information Security skills boost pay by a 1%. Even Root Cause Analysis can result in a 1% salary increase.

Skill Library evaluates talent skills across five levels, supported by 5-10 behavior indicators, delivering precise insights for data-driven hiring decisions.
Loss Prevention
Loss prevention refers to measures taken to prevent the loss of life, health, and property. In the workplace, this involves preventing accidents, reducing risks, and controlling known hazards.
Information Security
A practice of preventing unauthorized access, use, disclosure, disruption, modification, inspection, recording, or destruction of confidential, private, and sensitive information.
Root Cause Analysis
In science and engineering, root cause analysis (RCA) is a method of problem solving used for identifying the root causes of faults or problems. It is widely used in IT operations, telecommunications, industrial process control, accident analysis (e.g., in aviation, rail transport, or nuclear plants), medicine (for medical diagnosis), healthcare industry (e.g., for epidemiology), etc. RCA can be decomposed into four steps: Identify and describe clearly the problem. Establish a timeline from the normal situation up to the time the problem occurred. Distinguish between the root cause and other causal factors (e.g., using event correlation). Establish a causal graph between the root cause and the problem.RCA generally serves as input to a remediation process whereby corrective actions are taken to prevent the problem from reoccurring. The name of this process varies from one application domain to another.
More Skills...
Based on recent job listings, in-demand skills in the Operational Risk Analyst I field include Loss Prevention (2%), Information Security (1%), and Root Cause Analysis (1%). These skills reflect current market needs.
Skills Salary Demand
Skill & Salary Demand
Loss Prevention €57,211
Loss Prevention
€57,211
2%
Information Security €56,650
Information Security
€56,650
1%
Root Cause Analysis €56,650
Root Cause Analysis
€56,650
1%
Loss Prevention
9.94%
Information Security
1.55%
Root Cause Analysis
4.74%
Job Openings for Operational Risk Analyst I
Not the job you're looking for? Search more salaries here:

Are you an HR manager or compensation specialist?

Salary.com's CompAnalyst platform offers:

  • Detailed skills and competency reports for specific positions
  • Job and employee pricing reports
  • Compensation data tools, salary structures, surveys and benchmarks.
Learn about CompAnalyst

About Germany

Germany is in Western and Central Europe, bordering Denmark to the north, Poland and the Czech Republic to the east, Austria to the southeast, and Switzerland to the south-southwest. France, Luxembourg and Belgium are situated to the west, with the Netherlands to the northwest. Germany is also bordered by the North Sea and, at the north-northeast, by the Baltic Sea. German territory covers 357,022 km2 (137,847 sq mi), consisting of 348,672 km2 (134,623 sq mi) of land and 8,350 km2 (3,224 sq mi) of water. It is the seventh largest country by area in Europe and the 62nd largest in the world. El...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia

Operational Risk Analyst I Pay Difference by Cities

City, Country Compared to national average
City, Country Rhine-Ruhr, DE Compared to national average
-3.5%
City, Country Stuttgart, DE Compared to national average
+ 0.3%
City, Country Dusseldorf, DE Compared to national average
-0.7%
City, Country Cologne, DE Compared to national average
+ 10.5%
City, Country Bremen/Oldenburg, DE Compared to national average
+ 1.2%
City, Country Frankfurt/Rhine-Main, DE Compared to national average
+ 0.2%
Employees with Operational Risk Analyst I in their job title in Cologne, DE earn an average of 10.5% more than the national average. The lower salaries can be found in Rhine-Ruhr, DE (3.5% less), Dusseldorf, DE (0.7% less).

Understand the base salary paid range for an Operational Risk Analyst I in Germany

Average Base Salary

Core compensation

42667
61956
56089
The chart shows the base salary for Operational Risk Analyst I ranges from €42,667 to €61,956 with the average base salary of €56,089. The basic salary is the employee minimum income you can expect to earn in exchange for your time or services. This is the amount earned before adding benefits, bonuses, or compensation. The base salary of the Operational Risk Analyst I may get paid difference by industry, location, and factors.

Operational Risk Analyst I Frequently Asked Questions in Germany

What is the salary range for an Operational Risk Analyst I in Germany? What is the average hourly rate?

The average salary for an Operational Risk Analyst I in Germany is €56,089 per year. The salary range for an Operational Risk Analyst I is between €42,667 and €61,956. While we are seeing hourly wages as high as €30 and as low as €21, the majority of Operational Risk Analyst Is are currently paid an average of €27 in Germany. The average salary pay range for an Operational Risk Analyst I can vary depending on specific skills, level of skill, location, education, and years of experience. The company size, industry, and location, and numbers of available job candidates may also affect salary offers. Salaries for an Operational Risk Analyst I in Germany can differ based on any or all of these varying factors. March 23, 2021 salary.com )
Why should you negotiate salary for an Operational Risk Analyst I role? What are effective negotiation strategies?

Most hiring managers in Germany expect job candidates to negotiate salary. By doing this you will demonstrate that you are confident in your abilities and comfortable taking initiative which are traits that are beneficial for almost any role. You should try to negotiate the highest starting salary of the Operational Risk Analyst I position that you can in Germany. This starting salary of the Operational Risk Analyst I position will become the basis for all future increases while you are employed at the firm. A lower starting salary will result in smaller raises, even if the % increase is large, so try to maximize that starting base salary amount.
Once you have received an offer of the Operational Risk Analyst I position in Germany, ask for a little time to consider it. Research salary levels for the position so you will know what range of salary is applicable for your job and location. Emphasize any special skills, experience, certifications, or credentials that you have. Point out past accomplishments that will be useful in the role. Suggest a salary that is slightly higher than your target, this will give you room to negotiate a lower amount but still meet your needs. March 23, 2021 salary.com )
How do you evaluate the advantages, opportunities, and salary for an Operational Risk Analyst I role located in large metropolitan city or in a small town?

Start your evaluation by defining the most important aspects of the job and the overall lifestyle you can expect based on the location. The higher salary range of an Operational Risk Analyst I in the Germany can be one of the reasons you are attracted to a position in a large city, but keep in mind that differences in the cost of living usually result in higher living expenses and less disposable income. an Operational Risk Analyst I job in a large city of the Germany may offer a more varied experience, and greater opportunities for career progression, but may require long commutes or extended work hours. A large city in the Germany also provides more opportunities for entertainment and other activities. On the other hand, a non-metro location may offer lower salaries and fewer opportunities but have more affordable living expenses, shorter commute times, and other advantages. Consider these factors before you decide which Operational Risk Analyst I job is right for you. March 23, 2021 salary.com )
Learn more about: Compensation Packages, Employee Flight Risk, Gender Pay Gap
Last Update: March 23, 2021