Risk Analyst I Salary in Madrid, ES
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How much does a Risk Analyst I make in Madrid, ES? The average Risk Analyst I salary in Madrid, ES is €41,572 as of April 08, 2021, but the range typically falls between €32,351 and €63,538. 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 a Risk Analyst I Salary
Mastering key skills can significantly increase your earning potential as a 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 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 | ||
| €42,403 |
Loss Prevention
€42,403
|
2%
|
|
| €41,987 |
Information Security
€41,987
|
1%
|
|
| €41,987 |
Root Cause Analysis
€41,987
|
1%
|
What does a Risk Analyst I do?
Risk Analyst I
Trivandrum, IN
Assist in the implementation of credit policies, procedures, and practices while making significant strategic and tactical contributions to the formulation, development, and administration of Credit Union strategies, business goals, and objectives.
12/26/2020
Risk Analyst I
Guangzhou, CN
Assist in creating client business, IT financial and risk / internal controls documentation by maintaining document control, compiling data and documentation, developing reports, and reviewing results developed by AAs.
12/22/2020
Risk Analyst I
Norte/Nordeste Catarinense, BR
Assist FRMS Risk Management / Compliance team in monitoring adherence to internal Fiserv controls, frameworks and standards in collaboration with Enterprise Risk and Compliance Working Group (ERCWG), Business Management, Product Management, Infrastructure Management, and other relevant functions such as HR and Legal.
12/20/2020
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Career Path for Risk Analyst I
About Madrid, Spain
Madrid lies on the southern Meseta Central, 60 km south of the Guadarrama mountain range and straddling the Jarama and Manzanares river sub-drainage basins, in the wider Tagus River catchment area. There is a considerable difference in altitude within the city proper ranging from the 700 m (2,297 ft) around Plaza de Castilla in the north of city to the 570 m (1,870 ft) around La China wastewater treatment plant on the Manzanares' riverbanks, near the latter's confluence with the Fuente Castellana thalweg in the south of the city. The Monte de El Pardo (a protected forested area covering over a...
Source: Wikipedia (as of 03/30/2021). Read more from Wikipedia
Risk Analyst I Pay Difference by Cities
| City, Country | Compared to national average |
|---|---|
| City, Country Madrid, ES |
Compared to national average
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| City, Country Bilbao, ES |
Compared to national average
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| City, Country Alicante, ES |
Compared to national average
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| City, Country Cordova, ES |
Compared to national average
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| City, Country Valladolid, ES |
Compared to national average
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| City, Country Vigo, ES |
Compared to national average
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Employees with Risk Analyst I in their job title in Madrid, ES earn an average of 9.0% more than the national average. The lower salaries can be found in Alicante, ES (6.7% less), Vigo, ES (5.9% less), Cordova, ES (4.1% less).
Similar Jobs to Risk Analyst I in Madrid, ES
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| Job Title | Location | Salary Range in EUR |
|---|---|---|
| Job Title Economics Analyst I | Location Madrid, ES |
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| Job Title Entry Risk Analyst | Location Madrid, ES |
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| Job Title Information Vulnerability/Risk Analyst I | Location Madrid, ES |
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| Job Title Intermediate Risk Analyst | Location Madrid, ES |
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| Job Title Operational Risk Analyst I | Location Madrid, ES |
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Understand the base salary paid range for a Risk Analyst I in Madrid, ES
Average Base Salary
Core compensation
32351
63538
The chart shows the base salary for Risk Analyst I in Madrid ranges from €32,351 to €63,538 with the average base salary of €41,572. 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 Risk Analyst I may get paid difference by industry, location, and factors.
Risk Analyst I Frequently Asked Questions
Can I expect to receive a higher salary for the position of Risk Analyst I in Madrid than for the same job in Alicante in the Spain?
On average, a Risk Analyst I, working in Madrid, Spain, would generally get a higher salary than those working in the city of Alicante. The larger cities in the ES typically provide numerous opportunities for Risk Analyst I Jobs. Since Madrid, Spain is an attractive place to work for many professions, Risk Analyst I 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.
April 08, 2021
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What is the salary range for a Risk Analyst I in Madrid, Spain? What is the average hourly rate?
The average salary for a Risk Analyst I in Madrid, Spain is €41,572 per year. The salary range for a Risk Analyst I is between €32,351 and €63,538. While we are seeing hourly wages as high as €31 and as low as €16, the majority of Risk Analyst Is are currently paid an average of €20 in Madrid, Spain. The average salary pay range for a 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 a Risk Analyst I in Madrid, Spain can differ based on any or all of these varying factors.
April 08, 2021
salary.com
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Besides the base pay, what other benefits might be negotiable when considering a Risk Analyst I 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 a Risk Analyst I working in Madrid, Spain will receive in exchange for their job. Some common items included in the total compensation of a Risk Analyst I working in the Madrid, Spain are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Madrid, Spain might also offer long-term incentives such as stock options or stock grants for Risk Analyst Is. 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.
April 08, 2021
salary.com
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Last Update: April 08, 2021