Home > Salary > South Africa > 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: 190,698 ZAR
Estimated Monthly Salary: 15,892 ZAR
Estimated Weekly Salary: 3,667 ZAR per week
Estimated Hourly Salary: 92 ZAR per hour
Values are pre-tax
Last revision of data: 2025-01-04
Estimated Monthly Salary: 15,397 ZAR
Estimated Weekly Salary: 3,553 ZAR per week
Estimated Hourly Salary: 89 ZAR per hour
Last revision of data: 2024-01-03
Estimated Yearly Salary: 9,552 USD
Estimated Monthly Salary: 796 USD
Estimated Weekly Salary: 184 USD per week
Estimated Hourly Salary: 5 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: 190,698 ZAR
Estimated Monthly Salary: 15,892 ZAR
Estimated Weekly Salary: 3,667 ZAR per week
Estimated Hourly Salary: 92 ZAR per hour
By working as Risk Management Analyst a person can save up to 525 USD per month or 6,298 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 South Africa, see costs of living in South Africa.
Estimated Yearly Salary for Risk Management Analyst
Last revision of data: 2025-01-04
Data as of 2025
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Risk Management Analyst salary in South Africa
Average Yearly Salary of Risk Management Analyst in South Africa is approximately 190,698 ZAR (9,552 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: 190,698 ZAR
Estimated Monthly Salary: 15,892 ZAR
Estimated Weekly Salary: 3,667 ZAR per week
Estimated Hourly Salary: 92 ZAR per hour
Values are pre-tax Last revision of data: 2025-01-04Comparing salary to last year:
Estimated Yearly Salary: 184,760 ZAREstimated Monthly Salary: 15,397 ZAR
Estimated Weekly Salary: 3,553 ZAR per week
Estimated Hourly Salary: 89 ZAR per hour
Last revision of data: 2024-01-03Risk Management Analyst estimated salary in USD
For easier comparison here is an estimated salary in USD:Estimated Yearly Salary: 9,552 USD
Estimated Monthly Salary: 796 USD
Estimated Weekly Salary: 184 USD per week
Estimated Hourly Salary: 5 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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Country:
Salary comparison to National average
South Africa is a diverse and vibrant country located at the southernmost tip of the African continent. It has a population of approximately 59 million people and covers an area of around 1.2 million square kilometers. The country is known for its rich cultural heritage, stunning landscapes, and abundant wildlife.
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Analyst job salary compared to average salary in South Africa.
Comparison shows that a person working as Risk Management Analyst in South Africa earns on average:
1.5 times the average salary (or 150% of average salary).
Estimated national average yearly salary is 126,956 ZAR (6,780 USD). Value indicated is pre-tax. Below graph shows estimated Risk Management Analyst job salary compared to average salary in South Africa.
Comparison shows that a person working as Risk Management Analyst in South Africa earns on average:
1.5 times the average salary (or 150% 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 209,768 ZAR and 276,512 ZAR. However this is an estimation based on Gaussian Distribution.How much can you save working as Risk Management Analyst in South Africa?
Living in South Africa the approximate monthly expenses are: 271 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: 190,698 ZAR
Estimated Monthly Salary: 15,892 ZAR
Estimated Weekly Salary: 3,667 ZAR per week
Estimated Hourly Salary: 92 ZAR per hour
By working as Risk Management Analyst a person can save up to 525 USD per month or 6,298 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 South Africa, see costs of living in South Africa.
Salary comparison to region and neighbouring coutries
Country's neighbours are: Namibia, Botswana, Zimbabwe, Mozambique, Eswatini, Lesotho. 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
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 South Africa
(1,412,867 ZAR per year, pre-tax.)
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5. Neurosurgeon
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(1,077,960 ZAR per year, pre-tax.)
(1,073,792 ZAR per year, pre-tax.)
(1,073,439 ZAR per year, pre-tax.)
9. Oncologist
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10. Urologist
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Data as of 2025Random salary:
Stripperexotic dancer (112,044 ZAR per year, pre-tax.)
Logistics coordinator (83,794 ZAR per year, pre-tax.)
Strategic planning manager (251,260 ZAR per year, pre-tax.)
Urgent care nurse practitioner (np) (220,997 ZAR per year, pre-tax.)
Technology consulting analyst (193,620 ZAR per year, pre-tax.)
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