How much does a Risk Analyst II make in Petersburg, VA? The average Risk Analyst II salary in Petersburg, VA is $79,450 as of February 26, 2024, but the range typically falls between $69,770 and $90,161. 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 online, real-time compensation data than any other website, Salary.com helps you determine your exact pay target. 

Risk Analyst II Salaries by Percentile
Percentile Salary Location Last Updated
10th Percentile Risk Analyst II Salary $60,957 Petersburg,VA February 26, 2024
25th Percentile Risk Analyst II Salary $69,770 Petersburg,VA February 26, 2024
50th Percentile Risk Analyst II Salary $79,450 Petersburg,VA February 26, 2024
75th Percentile Risk Analyst II Salary $90,161 Petersburg,VA February 26, 2024
90th Percentile Risk Analyst II Salary $99,913 Petersburg,VA February 26, 2024
25% $69,770 10% $60,957 90% $99,913 75% $90,161 $79,450 50%(Median) Didn’t find job title? Click
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Risk Analyst

Foothill Federal Credit Union - Arcadia, CA

Cybersecurity Analyst II, III

Oceaneering International, Inc. - Chesapeake, VA

What skills does a Risk Analyst II 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.

Auditing: Auditing refers to the independent examination of financial information of any entity whether profit oriented or not. It is a safeguard measure that prevents corruption.

3.

Operations Management: Operations management is an area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services. It involves the responsibility of ensuring that business operations are efficient in terms of using as few resources as needed and effective in terms of meeting customer requirements. Operations management is primarily concerned with planning, organizing and supervising in the contexts of production, manufacturing or the provision of services. It is concerned with managing an entire production system which is the process that converts inputs (in the forms of raw materials, labor, and energy) into outputs (in the form of goods and/or services), or delivers a product or services. Operations produce products, manage quality and creates service. Operation management covers sectors like banking systems, hospitals, companies, working with suppliers, customers, and using technology. Operations is one of the major functions in an organization along with supply chains, marketing, finance and human resources. The operations function requires management of both the strategic and day-to-day production of goods and services.

Risk Management 7.45%
Auditing 0.68%
Operations Management 0.49%
Others 91.38%

Job Description for Risk Analyst II

Risk Analyst II 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 II 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 II supports managers in risk management or risk model construction. Requires a bachelor's degree. Typically reports to a supervisor. The Risk Analyst II occasionally directed in several aspects of the work. Gaining exposure to some of the complex tasks within the job function. To be a Risk Analyst II typically requires 2-4 years of related experience. (Copyright 2024 Salary.com)... View full job description

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Job Openings for Risk Analyst II in Petersburg, VA

Career Path for Risk Analyst II

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 II, the first career path typically progresses to E-commerce Risk Director.

The second career path typically progresses to Environmental Risk Management Specialist.

The third career path typically starts with an Insurance Risk Analyst III position, and then progresses to Insurance Risk Analyst IV.

Additionally, the fourth career path typically starts with a Risk Analyst III position, and then progresses to Risk Analyst IV.

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 II salary varies from city to city. Compared with national average salary of Risk Analyst II, the highest Risk Analyst II salary is in San Francisco, CA, where the Risk Analyst II salary is 25.0% above. The lowest Risk Analyst II salary is in Miami, FL, where the Risk Analyst II salary is 2.9% 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
-2.9%
City, State Chicago, IL Compared to national average
+ 5.5%
City, State Boston, MA Compared to national average
+ 12.7%
City, State New York, NY Compared to national average
+ 17.5%
City, State Dallas, TX Compared to national average
-0.7%

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

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Understand the total compensation opportunity for a Risk Analyst II, base salary plus other pay elements

Average Base Salary

Core compensation

 
 
 
69770
90161
79450

Average Total Cash Compensation

Includes base and annual incentives

 
 
 
72444
95862
83303
These charts show the average base salary (core compensation), as well as the average total cash compensation for the job of Risk Analyst II in Petersburg, VA. The base salary for Risk Analyst II ranges from $69,770 to $90,161 with the average base salary of $79,450. The total cash compensation, which includes base, and annual incentives, can vary anywhere from $72,444 to $95,862 with the average total cash compensation of $83,303.
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69770
90161

 

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About Petersburg, Virginia    Petersburg is located at 37°12′46″N 77°24′1″W / 37.21278°N 77.40028°W / 37.21278; -77.40028 (37.21295, -77.400417). According to the United States ....More

Petersburg, Virginia  area prices were up 1.2% from a year ago    View the Cost of Living in Petersburg, Virginia

Risk Analyst II Salary in popular cities: Virginia BeachNorfolkChesapeake

Skills associated with Risk Analyst II: Risk Assessment, Financial Risk Management Software, Financial Risk Management, Market Research ...More

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