Risk Manager vs ESG Analyst: Which Pays More?

Side-by-side salary comparison by city, experience level, and career growth outlook. Data reflects current market rates.

National Median Salary Comparison
Risk Manager
$102,740
Higher Pay
ESG Analyst
$102,740
Higher Pay
Finance

Risk Manager

Identify, assess, and mitigate financial and operational risks for organisations.

National Median
$102,740/yr
Entry
$66,597
Mid
$120,107
Senior
$216,611
+16% demand/yr40% AI risk
Risk FrameworksVaRBasel IIIStress Testing
Full Risk Manager salary data โ†’
Finance

ESG Analyst

Assess environmental, social, and governance factors in investment decisions.

National Median
$102,740/yr
Entry
$79,340
Mid
$128,930
Senior
$225,390
+35% demand/yr35% AI risk
ESG FrameworksGRITCFDFinancial Modelling
Full ESG Analyst salary data โ†’
Verdict

Risk Manager earns more on average โ€” the national median is $0/year (0%) higher than a ESG Analyst. However, salaries vary significantly by city, employer, and experience level โ€” see the city-by-city breakdown below.

Risk Manager vs ESG Analyst โ€” Salary by City

National median figures in USD across top cities.

CityRisk ManagerESG AnalystDifference
San Francisco, CA$145,592$150,970Risk $5,378
New York, NY$120,107$128,930Risk $8,823
Seattle, WA$148,730$150,261Risk $1,531
Austin, TX$113,068$111,571Risk +$1,497
Chicago, IL$113,339$112,333Risk +$1,006
Boston, MA$131,487$134,464Risk $2,977
London, UKยฃ78,848ยฃ81,801Risk $2,953
Toronto, CanadaCA$137,878CA$133,398Risk +$4,480
Pay Gap
0%
Risk Manager earns more
Demand Growth
16% vs 35%
Risk Manager vs ESG Analyst YoY
AI Risk
40% vs 35%
Risk Manager vs ESG Analyst

Frequently Asked Questions

Does a Risk Manager or ESG Analyst earn more?+

A Risk Manager earns more on average. The national median salary for a Risk Manager is $102,740/year, compared to $102,740/year for a ESG Analyst โ€” a difference of $0 (0%).

Which has better career growth โ€” Risk Manager or ESG Analyst?+

Risk Manager roles are growing at 16% YoY while ESG Analyst demand is growing at 35% YoY. ESG Analyst has stronger near-term demand growth.

Can you switch from Risk Manager to ESG Analyst?+

Yes. Many professionals transition between these roles, especially since both are in the same category. Shared skills include: analytical thinking, communication, and industry knowledge.

Which is harder to automate โ€” Risk Manager or ESG Analyst?+

ESG Analyst has a lower AI automation risk (35% vs 40%). Based on Oxford Martin School and McKinsey 2023 analysis.