Financial Risk Specialists

Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

Bright Outlook

Interest Profile (RIASEC)

Common Job Titles

Key Tasks

Analyze areas of potential risk to the assets, earning capacity, or success of organizations.

Analyze new legislation to determine impact on risk exposure.

Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.

Confer with traders to identify and communicate risks associated with specific trading strategies or positions.

Consult financial literature to ensure use of the latest models or statistical techniques.

Contribute to development of risk management systems.

Determine potential environmental impacts of new products or processes on long-term growth and profitability.

Develop contingency plans to deal with emergencies.

Develop or implement risk-assessment models or methodologies.

Devise scenario analyses reflecting possible severe market events.

Devise systems or processes to monitor validity of risk assessments.

Document, and ensure communication of, key risks.

Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.

Evaluate and compare the relative quality of various securities in a given industry.

Evaluate the risks and benefits involved in implementing green building technologies.

Evaluate the risks related to green investments, such as renewable energy company stocks.

Gather risk-related data from internal or external resources.

Identify key risks and mitigating factors of potential investments, such as asset types and values, legal and ownership structures, professional reputations, customer bases, or industry segments.

Inform financial decisions by analyzing financial information to forecast business, industry, or economic conditions.

Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs.

Maintain input or data quality of risk management systems.

Meet with clients to answer queries on subjects such as risk exposure, market scenarios, or values-at-risk calculations.

Monitor developments in the fields of industrial technology, business, finance, and economic theory.

Prepare plans of action for investment, using financial analyses.

Produce reports or presentations that outline findings, explain risk positions, or recommend changes.

Provide statistical modeling advice to other departments.

Recommend investments and investment timing to companies, investment firm staff, or the public.

Recommend ways to control or reduce risk.

Review or draft risk disclosures for offer documents.

Track, measure, or report on aspects of market risk for traded issues.

Technology Skills

Analytical or scientific software

IBM SPSS Statistics
SAS
StataCorp Stata
The MathWorks MATLAB

Word processing software

Google Docs
Microsoft OneNote
Microsoft Word
Report generation software

Financial analysis software

Delphi Technology
Oracle E-Business Suite Financials
Wolfram Research Mathematica Finance Essentials
Wolfram Research Mathematica UnRisk Pricing Engine

Enterprise resource planning ERP software

Microsoft Dynamics
Oracle JD Edwards EnterpriseOne
Oracle PeopleSoft
SAP software

Data base user interface and query software

Amazon Web Services AWS software
Microsoft SQL Server
ServiceNow
Yardi software

Information retrieval or search software

dailyVest Investment Personalization Platform
LexisNexis
S&P Capital IQ
Standard & Poor's Capital IQ Compustat

Business intelligence and data analysis software

IBM Cognos Impromptu
Oracle Business Intelligence Enterprise Edition
Qlik Tech QlikView
Tableau

Spreadsheet software

Apple AppleWorks
Corel QuattroPro
IBM Lotus 1-2-3
Microsoft Excel

Accounting software

Fund accounting software
Intuit QuickBooks
Sage 50 Accounting
Tax software

Development environment software

Microsoft Azure software
Microsoft Visual Basic
Microsoft Visual Basic for Applications VBA
Ruby

Object or component oriented development software

C++
Perl
Python
R

Presentation software

Apple Keynote
DealMaven PresLink for PowerPoint and Word
Google Slides
Microsoft PowerPoint

Electronic mail software

IBM Notes
Microsoft Exchange
Microsoft Outlook

Expert system software

Ivorix Neurostrategy Finance
Matheny Pattern Forecaster Plus
NeuroSolutions for MatLab

Data base management system software

Apache Hive
Apache Pig
Teradata Database

Data base reporting software

Microsoft SQL Server Reporting Services SSRS
Reporting software
SAP Crystal Reports

Operating system software

Linux
UNIX

Charting software

Montgomery Investment Technology Utility XL
TickQuest NeoTicker

Human resources software

ADP Workforce Now
Human resource management software HRMS

Project management software

Microsoft Project
Oracle Primavera Enterprise Project Portfolio Management

Content workflow software

Atlassian JIRA

Configuration management software

Perforce Helix software

Enterprise system management software

IBM Power Systems software

Document management software

Microsoft Office SharePoint Server MOSS

Customer relationship management CRM software

Salesforce software

Office suite software

Microsoft Office software

Cloud-based data access and sharing software

Microsoft SharePoint

Sales and marketing software

Marketo Marketing Automation

Transaction security and virus protection software

McAfee

Internet browser software

Web browser software

Process mapping and design software

Microsoft Visio

Tools and Equipment

Photocopiers

Photocopying equipment

Scanners

Computer data input scanners

Notebook computers

Laptop computers

Special purpose telephones

Multi-line telephone systems

Laser fax machine

Laser facsimile machines

Desktop calculator

10-key calculators

Desktop computers

Personal computers

Tablet computers

Detailed Work Activities

Assess risks to business operations.

Analyze business or financial data.

Analyze risks related to investments in green technology.

Apply mathematical models of financial or business conditions.

Develop business or financial information systems.

Present business-related information to audiences.

Advise others on analytical techniques.

Advise others on business or operational matters.

Analyze industry trends.

Confer with others about financial matters.

Create images of data, locations, or products.

Determine the value of goods or services.

Develop contingency plans to deal with organizational emergencies.

Develop financial analysis methods.

Develop financial or business plans.

Educate clients on financial planning topics.

Evaluate applicable laws and regulations to determine impact on organizational activities.

Gather organizational performance information.

Maintain data in information systems or databases.

Monitor business indicators.

Prepare financial documents, reports, or budgets.

Prepare regulatory or compliance documentation.

Recommend investments to clients.

Update professional knowledge.

Job Zone

Job Zone Four: Considerable Preparation Needed

Most of these occupations require a four-year bachelor's degree, but some do not.

A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an accountant must complete four years of college and work for several years in accounting to be considered qualified.

Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Many of these occupations involve coordinating, supervising, managing, or training others. Examples include real estate brokers, sales managers, database administrators, graphic designers, conservation scientists, art directors, and cost estimators.

SVP Range: (7.0 to < 8.0)