Operational Risk Analyst IV Salary in Cologne, DE
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How much does an Operational Risk Analyst IV make in Cologne, DE? The average Operational Risk Analyst IV salary in Cologne, DE is €105,079 as of March 23, 2021, but the range typically falls between €85,103 and €124,718. 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.
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Skills to Boost an Operational Risk Analyst IV Salary
Mastering key skills can significantly increase your earning potential as an Operational Risk Analyst IV. According to Salary.com's Real-time Job Posting Data, expertise in Trading can lead to a 2% salary raise, while strong Internal Control skills boost pay by a 1%. Even Data 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.
Trading
Trading is the act or process of buying, selling, or exchanging commodities, at either wholesale or retail, within a country or between countries.
Internal Control
Internal control, as defined by accounting and auditing, is a process for assuring of an organization's objectives in operational effectiveness and efficiency, reliable financial reporting, and compliance with laws, regulations and policies.
Data Analysis
Data analysis is a process of inspecting, cleansing, transforming, and modeling data with the goal of discovering useful information, informing conclusions, and supporting decision-making. Data analysis has multiple facets and approaches, encompassing diverse techniques under a variety of names, and is used in different business, science, and social science domains. In today's business world, data analysis plays a role in making decisions more scientific and helping businesses operate more effectively. Data mining is a particular data analysis technique that focuses on modeling and knowledge discovery for predictive rather than purely descriptive purposes, while business intelligence covers data analysis that relies heavily on aggregation, focusing mainly on business information. In statistical applications, data analysis can be divided into descriptive statistics, exploratory data analysis (EDA), and confirmatory data analysis (CDA). EDA focuses on discovering new features in the data while CDA focuses on confirming or falsifying existing hypotheses. Predictive analytics focuses on application of statistical models for predictive forecasting or classification, while text analytics applies statistical, linguistic, and structural techniques to extract and classify information from textual sources, a species of unstructured data. All of the above are varieties of data analysis.
More Skills...
Based on recent job listings, in-demand skills in the Operational Risk Analyst IV field include Trading (2%), Internal Control (1%), and Data Analysis (1%). These skills reflect current market needs.
| Skills | Salary | Demand | |
|---|---|---|---|
| Skill & Salary | Demand | ||
| €107,180 |
Trading
€107,180
|
2%
|
|
| €106,130 |
Internal Control
€106,130
|
1%
|
|
| €106,130 |
Data Analysis
€106,130
|
1%
|
What does an Operational Risk Analyst IV do?
Operational Risk Analyst IV
Natal, BR
That’s not only a success story–but also a true story of each great analyst.
03/09/2021
Operational Risk Analyst IV
Parana, AR
Companies need to know the potential benefits and risks involved in any move that may affect their finances, and risk analysts can provide that information.
03/04/2021
Operational Risk Analyst IV
Glasgow, UK
Accomplishments included risk reviews on hundreds of merchant accounts in-order to identify and mitigate losses.
03/02/2021
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About Cologne, Germany
The metropolitan area encompasses over 405 square kilometres (156 square miles), extending around a central point that lies at 50° 56' 33 latitude and 6° 57' 32 longitude. The city's highest point is 118 m (387 ft) above sea level (the Monte Troodelöh) and its lowest point is 37.5 m (123 ft 0 in) above sea level (the Worringer Bruch). The city of Cologne lies within the larger area of the Cologne Lowland, a cone-shaped area of the central Rhineland that lies between Bonn, Aachen and Düsseldorf....
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Operational Risk Analyst IV Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Rhine-Ruhr, DE |
Compared to national average
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| City, Country Stuttgart, DE |
Compared to national average
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| City, Country Dusseldorf, DE |
Compared to national average
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| City, Country Cologne, DE |
Compared to national average
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| City, Country Bremen/Oldenburg, DE |
Compared to national average
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| City, Country Frankfurt/Rhine-Main, DE |
Compared to national average
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Employees with Operational Risk Analyst IV 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).
Similar Jobs to Operational Risk Analyst IV in Cologne, DE
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| Job Title | Location | Salary Range in EUR |
|---|---|---|
| Job Title Operational Risk Analyst I | Location Cologne, DE |
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| Job Title Operational Risk Analyst II | Location Cologne, DE |
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| Job Title Operational Risk Analyst III | Location Cologne, DE |
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| Job Title Operational Risk Management Director | Location Cologne, DE |
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| Job Title Risk Analyst I | Location Cologne, DE |
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Understand the base salary paid range for an Operational Risk Analyst IV in Cologne, DE
Average Base Salary
Core compensation
85103
124718
The chart shows the base salary for Operational Risk Analyst IV in Cologne ranges from €85,103 to €124,718 with the average base salary of €105,079. 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 IV may get paid difference by industry, location, and factors.
Operational Risk Analyst IV Frequently Asked Questions
Can I expect to receive a higher salary for the position of Operational Risk Analyst IV in Cologne than for the same job in Rhine-Ruhr in the Germany?
On average, an Operational Risk Analyst IV, working in Cologne, Germany, would generally get a higher salary than those working in the city of Rhine-Ruhr. The larger cities in the DE typically provide numerous opportunities for Operational Risk Analyst IV Jobs. Since Cologne, Germany is an attractive place to work for many professions, Operational Risk Analyst IV Jobs could be competitive. Candidates need to consider personal preferences when deciding on a work location and weigh all factors including employment viability, cost of living, workforce competition, and quality of life in a particular location.
March 23, 2021
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What is the salary range for an Operational Risk Analyst IV in Cologne, Germany? What is the average hourly rate?
The average salary for an Operational Risk Analyst IV in Cologne, Germany is €105,079 per year. The salary range for an Operational Risk Analyst IV is between €85,103 and €124,718. While we are seeing hourly wages as high as €60 and as low as €41, the majority of Operational Risk Analyst IVs are currently paid an average of €51 in Cologne, Germany. The average salary pay range for an Operational Risk Analyst IV 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 IV in Cologne, Germany can differ based on any or all of these varying factors.
March 23, 2021
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Besides the base pay, what other benefits might be negotiable when considering an Operational Risk Analyst IV job? What common items are generally included in a total compensation package?
A total compensation package consists of base pay or salary and all other types of pay and benefits that an Operational Risk Analyst IV working in Cologne, Germany will receive in exchange for their job. Some common items included in the total compensation of an Operational Risk Analyst IV working in the Cologne, Germany are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Cologne, Germany might also offer long-term incentives such as stock options or stock grants for Operational Risk Analyst IVs. Other popular benefits are gym memberships, free parking, monthly car expenses, free food, and company discounts. Evaluate all offered benefits to determine if they are of value to you. Consider items that you value and see if you can negotiate favorable terms for them. For example, request an extra week of vacation, reimbursement for training, flexible work hours, or subsidized parking. These perks have a value that should be included when you evaluate the entire compensation package offered to you.
March 23, 2021
salary.com
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Last Update: March 23, 2021