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Could you become a Risk Analyst?

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What this job is

Risk Analysts examine the things that could go wrong for an organisation and put a number or rating on how serious each threat is. They gather data, build models, write reports, and present findings to managers or committees. The goal is to give decision-makers clear information so the organisation can act before a problem becomes a crisis. Common areas of focus include credit risk, market risk, operational risk, and compliance risk, though the exact scope depends on the employer.

Pay

A$2,072 a week

This is the median for full-time employees who are not managers and are paid at the adult rate, before tax and salary sacrifice. It is a guide to what the work pays, not a wage rate.

Source: ABS Survey of Employee Earnings and Hours, May 2025, customised report.

What this role asks for

  • Attention to Detailcore
  • Basic Arithmetic and Numerical Accuracycore
  • Microsoft Excel Data Managementcore
  • Policy Interpretationcore
  • Power BI Reporting and Dashboardscore
  • Problem Solvingcore
  • Regulatory and Legislative Awarenesscore
  • Report Writingcore
  • Reporting and Analyticscore
  • Research and Analysiscore
  • Risk Identificationcore
  • Stakeholder Communicationcore
  • Written Communicationcore
  • Continuous Learning and Upskilling
  • Data Entry and Accuracy
  • Negotiation
  • Process Documentation
  • Process Improvement Identification
  • Quality Assurance and Checking
  • Time Management and Prioritisation
  • Verbal Communication

Read the full role profile