Risk Analyst Salary in Leeds
Local salary data for Risk Analyst roles in Leeds, Yorkshire. The median Risk Analyst salary in Leeds is £49,000 — 3% above the UK national median of £48,000. Figures are adjusted using regional pay data from ONS ASHE 2025 and LinkedIn Salary Insights.
Risk Analysts in Leeds typically bring expertise in Risk Modelling & Quantitative Analysis, Regulatory Frameworks, Data Analysis. Leeds is a key financial services and professional services centre in the North. Salaries run 2–4% above the UK national average, with particular demand in data, legal, and banking roles. At the senior level, Leeds Risk Analysts with strong Risk Modelling & Quantitative Analysis skills and a demonstrable track record can negotiate packages toward £68,000 — and sometimes above, where specialist demand outpaces supply.
Leeds
+3% vs UK average🇬🇧 UK National Average
Leeds Salary by Experience Level
Sourced April 2026: ONS ASHE 2025, LinkedIn Salary UK, Glassdoor. Base salary only — excludes bonus, equity, and benefits. Leeds figures apply a regional multiplier of 1.03× to the UK national average.
Risk Analyst Salaries in Other UK Cities
Skills That Increase Risk Analyst Salary
What Affects Risk Analyst Salary in Leeds?
Several city-specific factors shape what Risk Analysts earn in Leeds, Yorkshire. Understanding these gives you an advantage in any salary discussion.
- 1Local demand: Leeds employers in the finance sector actively compete for experienced Risk Analysts, which keeps compensation above what equivalent roles attract in smaller UK markets.
- 2Cost of living adjustment: while Leeds salaries sit at 3% above the UK median, local living costs mean the real purchasing power of a Leeds package should be assessed alongside rent, transport, and daily expenses.
- 3Skills premium: Risk Modelling & Quantitative Analysis, Regulatory Frameworks, Data Analysis expertise carries a measurable premium in Leeds. Candidates who can demonstrate depth in these areas typically land offers in the upper half of the local range.
- 4Sector concentration: Yorkshire has a strong finance cluster, meaning candidates can leverage competing offers more effectively here than in markets with fewer employers.
- 5Remote and hybrid flexibility: many Leeds employers now price hybrid roles slightly below fully on-site packages, but the cost savings to the employee often offset this — particularly relevant for candidates commuting from surrounding areas.
Sources: ONS Regional Pay Differences 2025, LinkedIn Salary Insights UK (filtered to Yorkshire), Glassdoor city salary data, Reed.co.uk regional salary reports, April 2026.
Risk Analyst Salary in Leeds — FAQs
What is the average Risk Analyst salary in Leeds?
The median Risk Analyst salary in Leeds is £49,000 per year (2026), compared to the UK national median of £48,000. Leeds salaries run approximately 3% above the UK average, reflecting leeds is a key financial services and professional services centre in the north.
How much does a junior Risk Analyst earn in Leeds?
A junior Risk Analyst with 0–2 years of experience in Leeds can expect to earn around £33,000 per year. This is based on the UK junior benchmark of £32,000 adjusted by Leeds's regional pay multiplier. Entry-level candidates with in-demand skills such as Risk Modelling & Quantitative Analysis may achieve salaries toward the higher end of this band.
What salary should a senior Risk Analyst expect in Leeds?
Senior Risk Analysts with 7 or more years of experience can typically command £68,000 in Leeds. Candidates in leadership roles, with specialist expertise in Risk Modelling & Quantitative Analysis or Regulatory Frameworks, or working for larger employers in Yorkshire may negotiate packages at or above this figure. Total compensation including bonus, pension, and equity can push total remuneration significantly higher.
Is Leeds a good place to work as a Risk Analyst?
Leeds is one of the UK's stronger markets for finance professionals. Leeds is a key financial services and professional services centre in the North. Salaries run 2–4% above the UK national average, with particular demand in data, legal, and banking roles. For Risk Analysts specifically, the combination of competitive salaries (median £49,000), a growing employer base in Yorkshire, and generally lower living costs than London makes Leeds an attractive alternative to the capital — particularly for mid-career professionals seeking stronger work-life balance.
How do Leeds Risk Analyst salaries compare to London?
London Risk Analyst salaries (median around £59,000) are approximately 18% higher than the Leeds median of £49,000. However, London's higher cost of living — particularly housing — can erode much of this nominal advantage. Many Risk Analysts find that Leeds offers a better balance of compensation and quality of life, especially at the mid and senior experience levels.
Data Sources & Methodology
Leeds salary figures are derived from the UK national benchmark for Risk Analysts, adjusted by a regional pay multiplier of 1.03× sourced from ONS Annual Survey of Hours and Earnings (ASHE) 2025, LinkedIn Salary Insights UK (Yorkshire filter), Glassdoor city salary data, and Reed.co.uk regional salary reports. All figures represent base salary only — excluding bonus, equity, pension contributions, and non-cash benefits. Figures are updated April 2026. Individual salaries vary by employer size, sector specialism, education, negotiation, and other factors.