Risk Analyst I Salary in Thane, IN
Change Country
How much does a Risk Analyst I make in Thane, IN? The average Risk Analyst I salary in Thane, IN is ₹408,662 as of March 18, 2021, but the range typically falls between ₹201,185 and ₹894,767. 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 Average Salary for India
-
Choose Similar Job -
Pick Related Category -
Find More Jobs in India
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 | ||
| ₹416,836 |
Loss Prevention
₹416,836
|
2%
|
|
| ₹412,749 |
Information Security
₹412,749
|
1%
|
|
| ₹412,749 |
Root Cause Analysis
₹412,749
|
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
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.
Career Path for Risk Analyst I
About Thane, India
Thane ([ˈʈʰaːɳeː]) is a metropolitan city in Maharashtra, India. It is situated in the north-eastern portion of the Salsette Island. Thane city is entirely within Thane taluka, one of the seven talukas of Thane district; also, it is the headquarters of the namesake district. With a population of 1,841,488 distributed over a land area of about 147 square kilometres (57 sq mi), Thane city is the 15th most populated city in India with a population of 1,890,000 according to the 2011 census.
Located on the north-western side of the state of Maharashtra, the city is an immediate neighbour of Mumbai...
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 Mumbai, IN |
Compared to national average
|
| City, Country Jaipur, IN |
Compared to national average
|
| City, Country Kanpur, IN |
Compared to national average
|
| City, Country Lucknow, IN |
Compared to national average
|
| City, Country Nagpur, IN |
Compared to national average
|
| City, Country Indore, IN |
Compared to national average
|
Employees with Risk Analyst I in their job title in Mumbai, IN earn an average of 8.4% more than the national average. The lower salaries can be found in Nagpur, IN (16.3% less), Indore, IN (14.5% less), Lucknow, IN (12.4% less), Jaipur, IN (9.2% less), Kanpur, IN (6.6% less).
Similar Jobs to Risk Analyst I in Thane, IN
Loading results...
| Job Title | Location | Salary Range in INR |
|---|---|---|
| Job Title Economics Analyst I | Location Thane, IN |
|
| Job Title Entry Risk Analyst | Location Thane, IN |
|
| Job Title Information Vulnerability/Risk Analyst I | Location Thane, IN |
|
| Job Title Intermediate Risk Analyst | Location Thane, IN |
|
| Job Title Operational Risk Analyst I | Location Thane, IN |
|
Understand the base salary paid range for a Risk Analyst I in Thane, IN
Average Base Salary
Core compensation
201185
894767
The chart shows the base salary for Risk Analyst I in Thane ranges from ₹201,185 to ₹894,767 with the average base salary of ₹408,662. 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 Mumbai than for the same job in Nagpur in the India?
On average, a Risk Analyst I, working in Mumbai, India, would generally get a higher salary than those working in the city of Nagpur. The larger cities in the IN typically provide numerous opportunities for Risk Analyst I Jobs. Since Thane, India 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.
March 18, 2021
salary.com
)
What is the salary range for a Risk Analyst I in Thane, India? What is the average hourly rate?
The average salary for a Risk Analyst I in Thane, India is ₹408,662 per year. The salary range for a Risk Analyst I is between ₹201,185 and ₹894,767. While we are seeing hourly wages as high as ₹430 and as low as ₹97, the majority of Risk Analyst Is are currently paid an average of ₹196 in Thane, India. 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 Thane, India can differ based on any or all of these varying factors.
March 18, 2021
salary.com
)
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 Thane, India will receive in exchange for their job. Some common items included in the total compensation of a Risk Analyst I working in the Thane, India are bonuses, medical/dental/vision benefits coverage, paid leaves, life insurance, and pension plan company match. Some companies in the Thane, India 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.
March 18, 2021
salary.com
)
Last Update: March 18, 2021