
This role has a high level of AI exposure. While some human skills are required, many tasks could be automated or replaced by new technology.
Explore all careersA Risk Analyst evaluates data to assess risk for clients and businesses, guiding decisions and policies while communicating findings clearly.
Get qualified to work as a Risk Analyst with a course recognised across Australia. Speak to a training provider to learn more.
In Australia, a full time Risk Analyst generally earns $2,346 per week ($121,992 annual salary) before tax. This is a median figure for full-time employees and should be considered a guide only. As you gain more experience you can expect a potentially higher salary than people who are new to the industry.
This industry is likely to see strong growth in employment numbers in coming years. There are currently 3,300 people working in this field in Australia and many of them specialise as a Risk Analyst. Risk Analysts may find work across all regions of Australia.
Source: Australian Government Labour Market Insights
A Bachelor of Statistics is an ideal qualification if you’re planning a career as a Risk Analyst. This course covers a range of topics including applied statistics, data analytics, mathematics and probability, quantitative research methods, regression modelling, problem solving and scientific computing. A Bachelor of Science (Statistics) may also be suitable.
Browse occupations related to Risk Analyst
The Northern Territory offers a range of excellent Risk Analyst courses in Northern Territory designed for experienced learners who are seeking to further their qualifications and expertise in this critical field. With 8 diverse options available, individuals can select from an array of advanced programmes that equip them with the essential skills needed in today's fast-paced financial environments. Notable courses include the Graduate Diploma of Applied Finance and the Graduate Certificate in Safety, Risk and Reliability Engineering, both of which provide high-level insights into risk analysis methodologies.
Among the offerings, the Graduate Diploma of Financial Services and the Master of Financial Services stand out as prime choices for aspiring Risk Analysts aiming to delve deeper into financial risk management. Additionally, courses such as the Bachelor of Commerce (Finance) and Bachelor of Science (Statistics) provide a solid foundation for understanding complex financial data and analysis in the regional context of the Northern Territory.
Risk Analysts often find themselves intertwined with various interrelated disciplines, which are crucial in enhancing their career prospects. In addition to the primary focus on risk, those interested in Risk Management or Finance courses may also want to explore options in Mathematics and Statistics. This interdisciplinary approach enables learners to develop a comprehensive skill set that is highly valued in a market increasingly characterised by analytical thinking and strategic risk assessment.
As the demand for skilled Risk Analysts continues to grow, various related job roles are becoming increasingly relevant. Individuals may consider pursuing positions such as a Business Analyst, Quantitative Analyst, or even explore advanced roles like Econometrician. Such positions, often situated within Northern Territory's expanding economic landscape, offer competitive salaries and professional growth opportunities.
The journey to becoming a successful Risk Analyst is both rewarding and challenging. By enrolling in one of the premium Risk Analyst courses in Northern Territory, you are taking the first step toward building a career that makes a significant impact in various industries. This educational pathway not only prepares you for your future career as a Risk Analyst but also as an Applied Statistician or Applied Mathematician, thus positioning you to thrive in a dynamic job market.