Risk Analyst job description

Job description of a Risk Analyst

Risk analysts, also know as Financial risk analysts, and sometimes referred to as risk managers, identify and analyse the areas of potential risk threatening the assets, earning capacity or success of organisations in the industrial, commercial or public sector.

A Risk Analyst evaluates financial documents, economic conditions and potential clients to help companies determine the level of risk involved in making a particular business decision. They typically work for banks and insurance companies, though any company handling large amounts of money may choose to hire a risk analyst.

This Risk Analyst job description example includes the list of most important Risk Analyst duties and responsibilities as shown below. It can be modified to fit the specific Risk Analyst profile you're trying to fill as a recruiter or job seeker.

Risk Analyst Duties and Responsibilities

Risk Analyst job description should contain a variety of functions and roles including:

Analyze and determine risks to help clients make sound financial decisions.
Determine solutions to minimize or eliminate risks.
Help clients meet financial goals.
Analyze financial statements such as profit and loss, company budget and employee headcount reports.
Compile reports showing the proposed plan of action for existing and potential clients
Review other risk factors including problems with the physical location of the organization, potential for robberies and the likelihood of employees being injured on the job.
Examine and interpret statistical reports.
Predict the future trends from the current developments in the market and recommend the management accordingly to plan the strategies.
Monitor and assess the post-period implementation of risk management strategies.
Aid in the constructive developments for the company to create good capital.

Risk Analyst Requirements / Skills / Qualifications

Risk Analyst job description should include these common skills and qualifications:

A degree in accountancy, economics, finance, insurance, mathematics, risk management, statistics or related disciplines.
Strong numeracy, analytical and strategy skills
Good research skills
Planning and organisational skills and problem-solving ability
IT competence and computer literacy
Negotiation skills
Written and oral communication skills
The ability to explain complex issues and present technical information clearly
Commercial awareness
The capacity to work independently and cope with pressure and responsibility
A professional approach to work, integrity and respect for ethics
The confidence to relate to a range of people and to challenge people when necessary.

As a hiring manager, recruiting an ideal Risk Analyst starts with crafting a good job description. Use this Risk Analyst job description template to save yourself time and help you attract the most qualified candidates. Feel free to revise it to meet your specific needs.

Job seekers interviewing for the role of a Risk Analyst may also reference it in preparation for the interview.

Risk Analyst Job Description

Job description of a Risk Analyst

Risk Analyst Duties and Responsibilities

Risk Analyst Requirements / Skills / Qualifications

Recommended

Similar job descriptions