How much does a Risk Analyst IV make hourly in the United States? The average hourly wage for a Risk Analyst IV in the United States is $61 as of April 24, 2024, but the range typically falls between $55 and $67. Hourly rate 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 online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Risk Analyst IV Salaries by Percentile
Percentile Hourly Pay Rate Location Last Updated
10th Percentile Risk Analyst IV Salary $50 US April 24, 2024
25th Percentile Risk Analyst IV Salary $55 US April 24, 2024
50th Percentile Risk Analyst IV Salary $61 US April 24, 2024
75th Percentile Risk Analyst IV Salary $67 US April 24, 2024
90th Percentile Risk Analyst IV Salary $73 US April 24, 2024
25% $55 10% $50 90% $73 75% $67 $61 50%(Median) Didn’t find job title? Click
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What skills does a Risk Analyst IV need?

Each competency has five to ten behavioral assertions that can be observed, each with a corresponding performance level (from one to five) that is required for a particular job.

1.

Risk Management: Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities. Risks can come from various sources including uncertainty in financial markets, threats from project failures (at any phase in design, development, production, or sustainment life-cycles), legal liabilities, credit risk, accidents, natural causes and disasters, deliberate attack from an adversary, or events of uncertain or unpredictable root-cause. There are two types of events i.e. negative events can be classified as risks while positive events are classified as opportunities. Several risk management standards have been developed including the Project Management Institute, the National Institute of Standards and Technology, actuarial societies, and ISO standards. Methods, definitions and goals vary widely according to whether the risk management method is in the context of project management, security, engineering, industrial processes, financial portfolios, actuarial assessments, or public health and safety.

2.

Futures: Futures are derivative financial contracts obligating the buyer to purchase an asset or the seller to sell an asset at a predetermined future date and set price.

3.

SQL: Structured Query Language) is a domain-specific language used in programming and designed for managing data held in a relational database management system (RDBMS), or for stream processing in a relational data stream management system (RDSMS).

Risk Management 21.15%
Futures 1.69%
SQL 1.19%
Others 75.97%

Job Description for Risk Analyst IV

Risk Analyst IV evaluates the vulnerability of an organization's assets to determine the potential risk factors. Performs statistical analysis to quantify risk and forecast probable outcomes. Being a Risk Analyst IV prepares reports and presents findings to assist management with decision-making while offering solutions to minimize or eliminate risks. Monitors internal and external risk factors including economic, market, and regulatory risks to continuously maintain maximum protection of an organization's assets. Additionally, Risk Analyst IV supports managers in risk management or risk model construction. Requires a bachelor's degree. Typically reports to a supervisor. The Risk Analyst IV work is highly independent. May assume a team lead role for the work group. A specialist on complex technical and business matters. To be a Risk Analyst IV typically requires 7+ years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Risk Analyst IV
  • The IT Risk team functions include assessing and mitigating risk through internal risk assessments and risk assessments for 3rd party vendors, providing cl...
    - 20 Days Ago
  • Overview. To contribute to sound capital markets strategy by assisting with the management of Navy Federal's credit and counterparty risk. Conduct research...
    - 5 Days Ago
  • Overview. The Lending Analytics Model Governance Operational Risk Analyst supports Navy Federal Credit Union’s (NFCU’s) Quantitative Modeling team in effec...
    - 2 Months Ago
  • Overview. This position will support the Oracle HCM Fusion platform in Human Resources. To research, evaluate, design, test, implement, and maintain HR clo...
    - 7 Days Ago
  • Overview. This position will support the Oracle HCM Fusion platform in Human Resources. To research, evaluate, design, test, implement, and maintain HR clo...
    - 27 Days Ago

Career Path for Risk Analyst IV

A career path is a sequence of jobs that leads to your short- and long-term career goals. Some follow a linear career path within one field, while others change fields periodically to achieve career or personal goals.

For Risk Analyst IV, the first career path typically progresses to E-commerce Risk Director.

The second career path typically starts with an Insurance Risk Analyst V position, and then progresses to Insurance Risk Supervisor.

The third career path typically starts with a Risk Analyst V position, and then progresses to Risk Management Supervisor.

Additionally, the fourth career path typically progresses to Workers' Compensation Claims Manager.

Those that have already made the climb...
Raymond V. Damadian, Chairman of the Board; Acting Principal Financial Officer; Director
FONAR Corporation, together with its subsidiaries, engages in the research, development, production, and marketing of magnetic resonance imaging (MRI) scanners for the detection and diagnosis of human diseases in the United States. The company operates in two segments, Medical Equipment, and Physician Management and Di... More
Fiscal Year Ended in 2022
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Risk Analyst IV salary varies from city to city. Compared with national average salary of Risk Analyst IV, the highest Risk Analyst IV salary is in San Francisco, CA, where the Risk Analyst IV salary is 25.0% above. The lowest Risk Analyst IV salary is in Miami, FL, where the Risk Analyst IV salary is 3.5% lower than national average salary.

City, State Compared to national average
City, State San Francisco, CA Compared to national average
+ 25.0%
City, State Washington, DC Compared to national average
+ 11.3%
City, State Miami, FL Compared to national average
-3.5%
City, State Chicago, IL Compared to national average
+ 4.9%
City, State Boston, MA Compared to national average
+ 12.1%
City, State New York, NY Compared to national average
+ 16.8%
City, State Dallas, TX Compared to national average
-1.3%

Take just three simple steps below to generate your own personalized salary report

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Understand the total hourly compensation opportunity for a Risk Analyst IV, hourly wage plus other pay elements

Average Hourly Wage

Core compensation

 
 
 
55
67
61

Average Total Hourly Cash Compensation

Includes base and short-term incentives

 
 
 
59
73
65
These charts show the average hourly wage (core compensation), as well as the average total hourly cash compensation for the job of Risk Analyst IV in the United States. The average hourly rate for Risk Analyst IV ranges from $55 to $67 with the average hourly pay of $61. The total hourly cash compensation, which includes base and short-term incentives, can vary anywhere from $59 to $73 with the average total hourly cash compensation of $65.
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55
67

 

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Skills associated with Risk Analyst IV: Operational Risk, Risk Identification Model, Financial Risk Management Software, Statistical Analysis ...More

Recently searched related titles: Risk Management Advisor, Healthcare Risk Management Specialist

Jobs with a similar salary range to Risk Analyst IV : Business Risk Consultant, Lead Risk Analyst, Risk Management Specialist, Operations Risk Analyst IV, Lead Analyst

Salary estimation for Risk Analyst IV at companies like : The Alba Group, BioCapital Europe, Cba 2005 - 1 New Hampshire Holdings LLC

Risk Analyst IV Salary in United States
Risk Analyst IV Salary Graph, Regional Distribution and Summary