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Occupation AtlasFinancial Risk Specialists

O*NET · 13-2054.00

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.

Also called Analyst · Bank and Savings Securities Trader · Bond Analyst · Business Risk Manager · Compliance Risk Manager · Corporate Securities Research Analyst · Credit Risk Analyst · Energy Risk Management Analyst
27 more

Enterprise Risk Manager · Equity Research Analyst · Estate Executor · Financial Risk Analyst · Loss Control Consultant · Loss Control Inspector · Market Risk Analyst · Market Risk Specialist · Model Risk Manager · Operational Risk Analyst · Operational Risk Consultant · Operational Risk Manager · Operational Risk Officer · Risk Adjustment Analyst · Risk Analyst · Risk Control Consultant · Risk Management Analyst · Risk Management Consultant · Risk Management Manager · Risk Management Specialist · Risk Manager · Risk Specialist · Securities Analyst · Securities Consultant · Securities Research Analyst · Security Consultant · Third Party Risk Manager

Job Zone 4 — Considerable Preparation NeededHolland code CIE0 skills on file

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Job Zone

  1. 1
  2. 2
  3. 3
  4. 4
  5. 5

Zone 4: Considerable Preparation Needed

Considerable preparation. Usually a bachelor's degree plus several years of work-related experience, knowledge, or training.

Job Zone is O*NET's rating of how much education, experience and training an occupation typically needs — a property of the work, not of anyone doing it.

Occupational interest profile

CIEConventional · Investigative · Enterprising — the three strongest interests, in order

  • C Conventional5.36
  • I Investigative4.96
  • E Enterprising4.92
  • S Social2.48
  • R Realistic1.67
  • A Artistic1.31

RIASEC (Holland) interests on O*NET's 0–7 scale: what the work draws on, not what any individual prefers. Hover a row for what each dimension means.

Typically associated skills

No skills on file for this occupation.

Tasks

30 not yet rated

What people in this occupation do, as O*NET records it.

  1. Analyze areas of potential risk to the assets, earning capacity, or success of organizations.
  2. Analyze new legislation to determine impact on risk exposure.
  3. Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.
  4. Confer with traders to identify and communicate risks associated with specific trading strategies or positions.
  5. Consult financial literature to ensure use of the latest models or statistical techniques.
  6. Contribute to development of risk management systems.
  7. Determine potential environmental impacts of new products or processes on long-term growth and profitability.
  8. Develop contingency plans to deal with emergencies.
  9. Develop or implement risk-assessment models or methodologies.
  10. Devise scenario analyses reflecting possible severe market events.
  11. Devise systems or processes to monitor validity of risk assessments.
  12. Document, and ensure communication of, key risks.
Show the other 18
  1. Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
  2. Evaluate and compare the relative quality of various securities in a given industry.
  3. Evaluate the risks and benefits involved in implementing green building technologies.
  4. Evaluate the risks related to green investments, such as renewable energy company stocks.
  5. Gather risk-related data from internal or external resources.
  6. 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.
  7. Inform financial decisions by analyzing financial information to forecast business, industry, or economic conditions.
  8. Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs.
  9. Maintain input or data quality of risk management systems.
  10. Meet with clients to answer queries on subjects such as risk exposure, market scenarios, or values-at-risk calculations.
  11. Monitor developments in the fields of industrial technology, business, finance, and economic theory.
  12. Prepare plans of action for investment, using financial analyses.
  13. Produce reports or presentations that outline findings, explain risk positions, or recommend changes.
  14. Provide statistical modeling advice to other departments.
  15. Recommend investments and investment timing to companies, investment firm staff, or the public.
  16. Recommend ways to control or reduce risk.
  17. Review or draft risk disclosures for offer documents.
  18. Track, measure, or report on aspects of market risk for traded issues.

Technology

190 tools

Software used in this work. In demand: among the tools job postings for this occupation name most. Hot: often named in job postings across the economy.

In demand (8)

  • Microsoft Excelhot
  • Microsoft Office softwarehot
  • Microsoft Power BIhot
  • Microsoft PowerPointhot
  • Pythonhot
  • Rhot
  • Structured query language SQLhot
  • Tableauhot

Hot (35; 8 more marked hot above)

  • Amazon Web Services AWS software
  • Apache Hive
  • Atlassian JIRA
  • C++
  • Google Docs
  • IBM SPSS Statistics
  • Intuit QuickBooks
  • Linux
  • Marketo Marketing Automation
  • Microsoft Access
  • Microsoft Azure software
  • Microsoft Outlook
  • Microsoft Project
  • Microsoft SharePoint
  • Microsoft SQL Server
  • Microsoft SQL Server Reporting Services SSRS
  • Microsoft Visio
  • Microsoft Visual Basic
  • Microsoft Visual Basic for Applications VBA
  • Microsoft Word
  • Oracle Database
  • Oracle PeopleSoft
  • Oracle Primavera Enterprise Project Portfolio Management
  • Perl
Show the other 11
  • PyTorch
  • Ruby
  • Salesforce software
  • SAP software
  • SAS
  • ServiceNow
  • TensorFlow
  • Teradata Database
  • The MathWorks MATLAB
  • UNIX
  • Yardi software
Other tools (147)
  • ADP Workforce Now
  • Advanced Portfolio Technologies Report Builder
  • Advanced Portfolio Technologies Simulator
  • Analyse-it
  • AnalyzerXL
  • Annuities analysis software
  • Apache Pig
  • Apple AppleWorks
  • Apple Keynote
  • Aptech Systems GAUSS
  • Aspen Graphics Technical Analysis Software
  • BizBench
  • BizPricer
  • Business Forecast Systems Forecast Pro
  • Corel QuattroPro
  • dailyVest Investment Personalization Platform
  • Data visualization software
  • DealMaven Comparable Company Valuation Analysis
  • DealMaven M&A Accretion/Dilution One-Pager
  • DealMaven Modeling ToolPack for Excel
  • DealMaven PresLink for PowerPoint and Word
  • Decisioneering Crystal Ball
  • Delphi Technology
  • Derivatives Imagine Trading System
  • Derivicom FinOptions XL
  • Economic forecasting software
  • Experian Credinomics
  • Express Business Valuations
  • Factiva
  • FileMaker Pro
  • Financial modeling software
  • FinEng Solutions PerfoRM
  • FinEng Solutions Quantis
  • Fractal pattern analysis software
  • Fund accounting software
  • Genetic algorithm optimization software
  • Genetic algorithm software
  • Google Slides
  • Harland Financial Solutions DecisionPro
  • Human resource management software HRMS
  • I-flex Solutions Reveleus Investment Performance Measurement
  • IBM Cognos Impromptu
  • IBM Lotus 1-2-3
  • IBM Lotus Approach
  • IBM Notes
  • IBM Power Systems software
  • Innova Financial Solutions Derivatives Expert
  • Insightful S-PLUS
  • Ivorix Neurostrategy Finance
  • Keypoint DataDesk
  • Leading Market Technologies EXPO
  • LexisNexis
  • Longview Consolidation
  • Longview Performance Management Platform
  • Longview Solutions Khalix
  • Management information systems MIS
  • Market forecast software
  • Mathematical software
  • Matheny Pattern Forecaster Plus
  • McAfee
  • MergerStat Control Premiums
  • MergerStat Price to Earnings Ratios
  • Microsoft Dynamics
  • Microsoft Dynamics GP
  • Microsoft Exchange
  • Microsoft OneNote
  • Microsoft SharePoint Server
  • MicroStrategy
  • MoneySoft Corporate Valuation
  • Monte Carlo simulation software
  • Montgomery Investment Technology Bonds XL
  • Montgomery Investment Technology Exotics XL
  • Montgomery Investment Technology FinTools
  • Montgomery Investment Technology Options XL
  • Montgomery Investment Technology QuoteTools
  • Montgomery Investment Technology Risk XL
  • Montgomery Investment Technology SigTools
  • Montgomery Investment Technology Utility XL
  • Moss Adams Profit Mentor
  • Mutual fund analysis software
  • NetSuite ERP
  • Neural network modeling software
  • NeuroSolutions for MatLab
  • NeuroSolutions Trading Solutions
  • OptionVue Options Analysis
  • Oracle Business Intelligence Enterprise Edition
  • Oracle E-Business Suite Financials
  • Oracle Fusion Applications
  • Oracle Hyperion
  • Oracle JD Edwards EnterpriseOne
  • Oracle PeopleSoft Financials
  • Palisade Bond @nalyst
  • Palisade Evolver
  • Palisade StatTools
  • Pattern recognition software
  • Peer-to-Peer Financial Analysis
  • Perforce Helix software
  • Pi Blue OptWorks Excel
  • Portfolio management software
  • Pricing software
  • Qlik Tech QlikView
  • Quantifying marketability discount QMD modeling software
  • Report generation software
  • Reporting software
  • RiskMetrics Group WealthBench
  • S&P Capital IQ
  • Sage 50 Accounting
  • SAP Business Objects
  • SAP BusinessObjects Data Integrator
  • SAP Crystal Reports
  • SAS JMP
  • Securities analysis software
  • Spreadware Business Financial Analysis
  • Spreadware Business Valuator
  • Spreadware Pro Forma
  • SSA Global Infinium Financial Management
  • Standard & Poor's Capital IQ Compustat
  • StataCorp Stata
  • Steele Mutual Fund and Variable Annuity Expert
  • SunGard BancWare
  • SunGard Kiodex Risk Workbench
  • Tax software
  • TechHackers Convertible Bond @nalyst
  • TechHackers Credit @nalyst
  • TechHackers Exotic @nalyst
  • TechHackers Financial @nalyst
  • TechHackers IRO @nalyst
  • TechHackers MBS @nalyst
  • TechHackers Swap @nalyst
  • Tetrahex Fractal Finance
  • TickQuest NeoTicker
  • Tips Standard Securities Calculation Bond Analytics Module
  • Tips Standard Securities Calculation Mortgage-Backed Analytics Module
  • TradeTools Financial Market Databases
  • TradeTools Monthly U.S. Economic Database
  • Trendsetter Software ProAnalyst
  • Unlimited Learning Resources Valusource Pro
  • ValuSource BIZCOMPS
  • Ward Systems Group GeneHunter
  • Ward Systems Group NeuralShell Predictor
  • Ward Systems Group NeuroShell Trader
  • Web browser software
  • Whitebirch Software Projected Financials
  • Wolfram Research Derivatives
  • Wolfram Research Mathematica
  • Wolfram Research Mathematica Finance Essentials
  • Wolfram Research Mathematica UnRisk Pricing Engine

Related occupations

O*NET's own list of the occupations most related to this one, closest first.

  1. Financial Quantitative Analysts
  2. Financial and Investment Analysts
  3. Investment Fund Managers
  4. Personal Financial Advisors
  5. Management Analysts
  6. Securities, Commodities, and Financial Services Sales Agents
  7. Credit Analysts
  8. Financial Examiners
  9. Financial Managers
  10. Business Intelligence Analysts

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This page includes information from the O*NET 31.0 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA), used under the CC BY 4.0 license; O*NET® is a trademark of USDOL/ETA. ESCO occupations and skills are from the European Commission's ESCO classification, and the occupation crosswalk is the official ESCO–O*NET mapping by the ESCO Secretariat with USDOL/ETA. This service uses the ESCO classification of the European Commission. BlissPoint Analytics has modified all or some of this information: skill, task and descriptor ratings are rounded to one decimal, and ESCO occupations show Job Zone and interests copied from a crosswalked O*NET occupation. USDOL/ETA has not approved, endorsed, or tested these modifications.