Home > Salary > Ethiopia > Risk Management Analyst
A risk management analyst is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, finances, or reputation. They analyze data, trends, and industry regulations to develop risk management strategies and make recommendations to senior management. Risk management analysts also conduct risk assessments, evaluate internal controls, and implement risk mitigation plans. They collaborate with various departments to ensure compliance with risk management policies and procedures and provide training to employees on risk awareness and prevention. Additionally, they monitor and report on risk exposure, investigate incidents, and develop contingency plans to minimize the impact of potential risks.
Estimated Yearly Salary: 162,419 ETB
Estimated Monthly Salary: 13,535 ETB
Estimated Weekly Salary: 3,123 ETB per week
Estimated Hourly Salary: 78 ETB per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 13,080 ETB
Estimated Weekly Salary: 3,018 ETB per week
Estimated Hourly Salary: 75 ETB per hour
Last revision of data: 2024-01-09
Estimated Yearly Salary: 2,717 USD
Estimated Monthly Salary: 226 USD
Estimated Weekly Salary: 52 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %
Data confidence is - relatively high
Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
Estimated Yearly Salary: 162,419 ETB
Estimated Monthly Salary: 13,535 ETB
Estimated Weekly Salary: 3,123 ETB per week
Estimated Hourly Salary: 78 ETB per hour
By working as Risk Management Analyst a person can save up to 150 USD per month or 1,795 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Estimated Yearly Salary for Risk Management Analyst
Last revision of data: 2025-01-04
Data as of 2025
Random salary:
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Risk Management Analyst salary in Ethiopia
Average Yearly Salary of Risk Management Analyst in Ethiopia is approximately 162,419 ETB (2,717 USD). Data is for 2025 and indicates a pre-tax value. The salary itself depends on multiple factors such as seniority, job performance, certifications, experience or any other bonuses. The value indicated is an average amount based on records we have in database. Real values may vary. The data is for orientational purposes.
What does Risk Management Analyst do?
A risk management analyst is responsible for identifying, assessing, and mitigating potential risks that could impact an organization's operations, finances, or reputation. They analyze data, trends, and industry regulations to develop risk management strategies and make recommendations to senior management. Risk management analysts also conduct risk assessments, evaluate internal controls, and implement risk mitigation plans. They collaborate with various departments to ensure compliance with risk management policies and procedures and provide training to employees on risk awareness and prevention. Additionally, they monitor and report on risk exposure, investigate incidents, and develop contingency plans to minimize the impact of potential risks.
Skills: risk management, risk assessment, risk mitigation, data analysis, compliance, contingency planning
Job industry: Finance
Job industry: Finance
How much does Risk Management Analyst make?
Salary details
How much does Risk Management Analyst make?Estimated Yearly Salary: 162,419 ETB
Estimated Monthly Salary: 13,535 ETB
Estimated Weekly Salary: 3,123 ETB per week
Estimated Hourly Salary: 78 ETB per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 156,960 ETBEstimated Monthly Salary: 13,080 ETB
Estimated Weekly Salary: 3,018 ETB per week
Estimated Hourly Salary: 75 ETB per hour
Last revision of data: 2024-01-09Risk Management Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 2,717 USD
Estimated Monthly Salary: 226 USD
Estimated Weekly Salary: 52 USD per week
Estimated Hourly Salary: 1 USD per hour
Difference in salary year over year or average salary increase is approximately
3 %About these results
Data confidence is - relatively high Data fetched from dabase: 14 submissions.
Results are anonymized. Amounts indicated are pre-tax, meaning no deductionts yet have been made to the basic salary. Salaries where there are less than 3 entries are not displayed.
Want to check how your salary compares? Submit your own salary here
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Salary comparison to National average
Ethiopia is a landlocked country located in the Horn of Africa. With a population of over 114 million people, it is the second-most populous country in Africa. Covering an area of approximately 1.1 million square kilometers, Ethiopia is the 27th largest country in the world. It shares borders with Eritrea to the north, Sudan to the west, South Sudan to the southwest, Kenya to the south, Somalia to the east, and Djibouti to the northeast.
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Analyst job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Risk Management Analyst in Ethiopia earns on average:
1.54 times the average salary (or 154% of average salary).
Estimated national average yearly salary is 105,216 ETB (1,920 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Analyst job salary compared to average salary in Ethiopia.
Comparison shows that a person working as Risk Management Analyst in Ethiopia earns on average:
1.54 times the average salary (or 154% of average salary).
Is Risk Management Analyst a well paid job?
Yes, our data shows that Risk Management Analyst is a well paid job. With years and experience the salary might increase even further, resulting in higher satisfaction.What is considered a high salary for Risk Management Analyst?
High salary for Risk Management Analyst would be somewhere between 178,661 ETB and 235,508 ETB. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Analyst in Ethiopia?
Living in Ethiopia the approximate monthly expenses are: 77 USD. This amount covers basic needs such as food, housing, clothing, healthcare and education costs for a single person. No luxury expenses such as traveling, leisure, hobbies are included in the estimation.Estimated Yearly Salary: 162,419 ETB
Estimated Monthly Salary: 13,535 ETB
Estimated Weekly Salary: 3,123 ETB per week
Estimated Hourly Salary: 78 ETB per hour
By working as Risk Management Analyst a person can save up to 150 USD per month or 1,795 USD yearly. Values are pre-tax.
NOTE: These values are estimates and are averaged for the whole country. Furthermore the value is likely exaggerated as no other expenses are taken into account in the projection. Unessential expenses are very subjective and are difficult to assess. Most likely the previously estimated number is significantly lower for majority of people. Expenses in different cities across the country may vary. Above values accuracy is low and is based on limited set of data obtained.
For more information regarding expenses in Ethiopia, see costs of living in Ethiopia.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Djibouti, Eritrea, Sudan, South Sudan, Kenya, Somalia. To make it easier for comparison a conversion from local currency to USD has been made (conversion rates may vary).Estimated Yearly Salary for Risk Management Analyst
Sudan is 1,074 USD
Kenya is 8,492 USD Last revision of data: 2025-01-04Salary increase per years of experience
Based on data available the salary increase per years of experience is as following- 0 years (beginner) equals base salary
- 1 to 5 years of experience yields
+12% salary increase- 6 to 10 years of experience yields
+25% salary increase- 11 to 15 years of experience yields
+16% salary increase- 16 to 25 years of experience yields
+9% salary increase- more than 25 years of experience yields
+10% salary increaseTop 10 highest salaries in Ethiopia
(1,198,707 ETB per year, pre-tax.)
2. Cardiologist
(998,053 ETB per year, pre-tax.)
(968,024 ETB per year, pre-tax.)
4. Neurosurgeon
(937,399 ETB per year, pre-tax.)
(935,134 ETB per year, pre-tax.)
(915,448 ETB per year, pre-tax.)
7. Oncologist
(913,122 ETB per year, pre-tax.)
(912,301 ETB per year, pre-tax.)
(911,770 ETB per year, pre-tax.)
10. Dermatologist
(911,678 ETB per year, pre-tax.)
Data as of 2025Random salary:
Immigration attorney lawyer (154,440 ETB per year, pre-tax.)
Trauma nurse (122,700 ETB per year, pre-tax.)
Ocean freight manager (122,040 ETB per year, pre-tax.)
Senior catering sales manager (123,060 ETB per year, pre-tax.)
Landscape crew lead (47,404 ETB per year, pre-tax.)
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