RISK ANALYST / SALARY
SOUTH AFRICA

SALARY SURVEYS

23

UPDATED
April 2024
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AVERAGE SALARY / YEAR

MOST TYPICAL SALARY / YEAR

Gross income

Net (after tax)

18.3 ZAR = 1 USD

886,457 ZAR

$48,453 USD

Johannesburg

937,080 ZAR

768,398 ZAR

$42,000 USD

Including "Johannesburg"

Excluding "Johannesburg"

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Average Salary / Risk Analyst / South Africa

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Average salary for Risk Analyst / South Africa is 886,457 ZAR per year. The most typical earning is 768,398 ZAR. All data are based on 23 salary surveys. Salaries are different between men and women. Men receive an average salary of 790,352 ZAR. Women receive a salary of 1,139,790 ZAR.

Based on education, the highest salaries receive people with Masters Degree with salary of 1,009,895 ZAR. The second most paid education level is Bachelors Degree with salary of 858,044 ZAR.

Different experiences affect earning as well. People with 16-20 Years of experience receive salary of 1,348,356 ZAR. Employees with 2-4 Years of experience receive 942,202 ZAR.

Levels / Risk Analyst / South Africa (Gross ZAR)

Salary Levels (ZAR) per Year	Surveys	[%]
54,900 ZAR - 91,499 ZAR	0	n/a
91,500 ZAR - 182,899 ZAR	0	n/a
183,000 ZAR - 274,399 ZAR	0	n/a
274,400 ZAR - 365,899 ZAR	1	100% 4.35%
365,900 ZAR - 457,399 ZAR	0	n/a
457,400 ZAR - 548,799 ZAR	2	95.65% 8.7%
548,900 ZAR - 640,299 ZAR	3	86.96% 13.04%
640,300 ZAR - 731,799 ZAR	1	73.91% 4.35%
THE MOST TYPICAL SALARY
731,800 ZAR - 823,299 ZAR	6	69.57% 26.09%
823,300 ZAR - 914,699 ZAR	1	43.48% 4.35%
914,800 ZAR - 1,006,199 ZAR	1	39.13% 4.35%
1,006,200 ZAR - 1,097,699 ZAR	3	34.78% 13.04%
1,097,700 ZAR - 1,189,199 ZAR	1	21.74% 4.35%
1,189,200 ZAR - 1,280,599 ZAR	1	17.39% 4.35%
1,280,700 ZAR - 1,372,099 ZAR	1	13.04% 4.35%
1,372,100 ZAR - 1,463,599 ZAR	1	8.7% 4.35%
1,463,600 ZAR - 1,555,099 ZAR	0	n/a
1,555,100 ZAR - 1,646,499 ZAR	0	n/a
1,646,600 ZAR - 1,737,999 ZAR	0	n/a
1,738,000 ZAR - 1,829,499 ZAR	0	n/a
1,829,500 ZAR - 1,920,999 ZAR	0	n/a
1,921,000 ZAR - 2,012,499 ZAR	1	4.35% 4.35%
2,012,500 ZAR - 2,103,899 ZAR	0	n/a
2,103,900 ZAR - 2,195,399 ZAR	0	n/a
2,195,400 ZAR - 2,286,899 ZAR	0	n/a
2,286,900 ZAR - 2,378,399 ZAR	0	n/a
2,378,400 ZAR - 2,469,799 ZAR	0	n/a
2,469,900 ZAR - 2,561,299 ZAR	0	n/a
2,561,300 ZAR - 2,652,799 ZAR	0	n/a
2,652,800 ZAR - 2,744,299 ZAR	0	n/a
HIGH SALARIES
2,744,300 ZAR - 2,927,199 ZAR	0	n/a
2,927,200 ZAR - 3,110,199 ZAR	0	n/a
3,110,200 ZAR - 3,293,099 ZAR	0	n/a
3,293,100 ZAR - 3,476,099 ZAR	0	n/a
3,476,100 ZAR - 3,658,999 ZAR	0	n/a
3,659,000 ZAR - 3,841,999 ZAR	0	n/a
3,842,000 ZAR - 4,024,899 ZAR	0	n/a
4,024,900 ZAR - 4,207,899 ZAR	0	n/a
4,207,900 ZAR - 4,390,799 ZAR	0	n/a
4,390,800 ZAR - 4,573,799 ZAR	0	n/a
4,573,800 ZAR - 6,403,299 ZAR	0	n/a

Gender / Risk Analyst / South Africa (Gross ZAR)

#		Surveys		AVERAGE SALARY / YEAR
1	Women	5	1,139,790 ZAR
2	Men	11	790,352 ZAR

Education / Risk Analyst / South Africa (Gross ZAR)

#		Surveys
1	Masters Degree	5	1,009,895 ZAR
2	Bachelors Degree	17	858,044 ZAR
3	Some College	1	748,273 ZAR

Experience / Risk Analyst / South Africa (Gross ZAR)

#		Surveys
1	16-20 Years	2	1,348,356 ZAR
2	2-4 Years	12	942,202 ZAR
3	8-12 Years	3	916,589 ZAR
4	1-2 Years	4	642,161 ZAR
5	0-1 Year	2	536,049 ZAR

Age / Risk Analyst / South Africa (Gross ZAR)

#		Surveys
1	36-40	2	1,536,796 ZAR
2	26-30	6	1,013,554 ZAR
3	n/a	7	856,215 ZAR
4	31-35	3	801,329 ZAR
5	41-45	1	735,467 ZAR
6	21-25	4	523,242 ZAR

Work Type / Risk Analyst / South Africa (Gross ZAR)

#		Surveys		AVERAGE SALARY / YEAR
1	Permanent	23	887,317 ZAR

Cities / Risk Analyst / South Africa (Gross ZAR)

#		Surveys
1	Johannesburg	15	936,714 ZAR
2	Tshwane	2	867,192 ZAR
3	Cape Town	6	766,568 ZAR

People's individual salary examples (surveys)

Analyst

Posted 17 March 2022
Key knowledge and tasks

"Analysis, financial modelling, advisory."

City	Education	Experience	Knowledge	Gross salary / year
Johannesburg	Bachelors Degree	1-2 Years	Advanced	608,500 ZAR

Risk Analyst

Posted 08 October 2020
Key knowledge and tasks

"Manage corporate's overall risk exposure and ensure compliance to regulation."

City	Education	Experience	Knowledge	Gross salary / year
Johannesburg	Bachelors Degree	8-12 Years	n/a	797,100 ZAR

Structured Lending Specialist

Posted 25 September 2020
Key knowledge and tasks

"Property law and the risks involved in the registration process
Microsoft office
BTech: Office Management and Technology."

City	Education	Experience	Knowledge	Gross salary / year
Cape Town	Bachelors Degree	16-20 Years	n/a	735,800 ZAR

Vp Investment Manager

Posted 11 April 2020
Key knowledge and tasks

"Risk Specialist for Group Treasury."

City	Education	Experience	Knowledge	Gross salary / year
Johannesburg	Bachelors Degree	16-20 Years	n/a	1,962,200 ZAR

Credit Analyst

Posted 31 December 2019
Key knowledge and tasks

"Insurance
Finance
SAS
Python
R
Excel
Statistics."

City	Education	Experience	Knowledge	Gross salary / year
Johannesburg	Bachelors Degree	2-4 Years	n/a	540,700 ZAR

Actuarial Analyst

Posted 12 April 2019
Key knowledge and tasks

"Actuarial stuff. . ."

City	Education	Experience	Knowledge	Gross salary / year
Johannesburg	Bachelors Degree	2-4 Years	n/a	784,000 ZAR

Investment Analyst

Posted 13 December 2018
Key knowledge and tasks

"Quantitative research, systems analysis, product development."

City	Education	Experience	Knowledge	Gross salary / year
Cape Town	Bachelors Degree	8-12 Years	n/a	842,800 ZAR

Supervisor

Posted 14 November 2018
Key knowledge and tasks

"Supervise investigate consultancy."

City	Education	Experience	Knowledge	Gross salary / year
Cape Town	Bachelors Degree	2-4 Years	n/a	766,700 ZAR