13-2054.00 Bright OutlookApprenticeship

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.

Career Cluster:Financial Services
Job Family:Business and Financial Operations
Job Zone:Job Zone Four: Considerable Preparation Needed
Industry:Finance and Insurance
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Technology Tools

Amazon Web Services AWS softwareApache HiveAtlassian JIRAC++Google DocsIBM SPSS StatisticsIntuit QuickBooksLinuxMarketo Marketing AutomationMicrosoft AccessMicrosoft Azure softwareMicrosoft ExcelMicrosoft Office softwareMicrosoft OutlookMicrosoft PowerPointPerlMicrosoft SQL Server Reporting Services SSRSYardi softwareOracle PeopleSoftMicrosoft ProjectMicrosoft SharePointRMicrosoft SQL ServerMicrosoft VisioSalesforce softwareMicrosoft Visual BasicMicrosoft Visual Basic for Applications VBAMicrosoft WordOracle DatabaseOracle Primavera Enterprise Project Portfolio ManagementTableauPythonServiceNowPyTorchRubySAP softwareSASTensorFlowStructured query language SQLTeradata DatabaseThe MathWorks MATLABUNIX

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.
  • 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.
  • 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 systems or processes to monitor validity of risk assessments.
  • Document, and ensure communication of, key risks.
  • 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.
  • Inform financial decisions by analyzing financial information to forecast business, industry, or economic conditions.
  • Maintain input or data quality of risk management systems.
  • Monitor developments in the fields of industrial technology, business, finance, and economic theory.
  • Prepare plans of action for investment, using financial analyses.
  • Provide statistical modeling advice to other departments.
  • Review or draft risk disclosures for offer documents.
  • Track, measure, or report on aspects of market risk for traded issues.
  • Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.
  • Devise scenario analyses reflecting possible severe market events.
  • Recommend ways to control or reduce risk.
  • Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs.
  • Contribute to development of risk management systems.
  • 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.
  • Meet with clients to answer queries on subjects such as risk exposure, market scenarios, or values-at-risk calculations.
  • Produce reports or presentations that outline findings, explain risk positions, or recommend changes.
  • Gather risk-related data from internal or external resources.
  • Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
  • Recommend investments and investment timing to companies, investment firm staff, or the public.

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Interests

Conventional

Work involves following procedures and regulations to organize information or data, typically in a business setting. Conventional occupations are often associated with office work, accounting, mathematics/statistics, information technology, finance, or hum

73

Investigative

Work involves studying and researching non-living objects, living organisms, disease or other forms of impairment, or human behavior. Investigative occupations are often associated with physical, life, medical, or social sciences, and can be found in the f

66

Enterprising

Work involves managing, negotiating, marketing, or selling, typically in a business setting, or leading or advising people in political and legal situations. Enterprising occupations are often associated with business initiatives, sales, marketing/advertis

65

Social

Work involves helping, teaching, advising, assisting, or providing service to others. Social occupations are often associated with social, health care, personal service, teaching/education, or religious activities.

25

Realistic

Work involves designing, building, or repairing of equipment, materials, or structures, engaging in physical activity, or working outdoors. Realistic occupations are often associated with engineering, mechanics and electronics, construction, woodworking, t

11

Artistic

Work involves creating original visual artwork, performances, written works, food, or music for a variety of media, or applying artistic principles to the design of various objects and materials. Artistic occupations are often associated with visual arts,

5

Work Styles

Attention to Detail
100%
Intellectual Curiosity
100%
Integrity
95%
Cautiousness
87%
Dependability
82%
Achievement Orientation
71%
Tolerance for Ambiguity
65%
Stress Tolerance
59%
Self-Control
58%
Perseverance
57%
Adaptability
53%
Self-Confidence
46%
Initiative
45%
Innovation
43%
Cooperation
32%
Leadership Orientation
27%
Sincerity
19%
Social Orientation
17%

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