Financial Risk Specialists

Overview

Save
Job Zone Four: Considerable Preparation Needed
Experience

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.

Education

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

Job Training

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

Examples

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.

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.

Demand

Career Demand by State Career Demand by State Legend

Technology Skills

Technology
Example
Hot Technology
Accounting software
Intuit QuickBooks
Analytical or scientific software
The MathWorks MATLAB
Business intelligence and data analysis software
Tableau
Charting software
TickQuest NeoTicker
Configuration management software
Perforce Helix software
Content workflow software
Atlassian JIRA
Customer relationship management CRM software
Salesforce software
Data base management system software
Teradata Database
Data base reporting software
Microsoft SQL Server Reporting Services SSRS
Data base user interface and query software
Yardi software
Development environment software
Ruby
Document management software
Microsoft SharePoint
Electronic mail software
Microsoft Outlook
Enterprise resource planning ERP software
SAP software
Enterprise system management software
IBM Power Systems software
Expert system software
NeuroSolutions for MatLab
Financial analysis software
Wolfram Research Mathematica UnRisk Pricing Engine
Human resources software
Human resource management software HRMS
Information retrieval or search software
Ward Systems Group NeuroShell Trader
Internet browser software
Web browser software
Object or component oriented development software
R
Office suite software
Microsoft Office software
Operating system software
UNIX
Presentation software
Microsoft PowerPoint
Process mapping and design software
Microsoft Visio
Project management software
Oracle Primavera Enterprise Project Portfolio Management
Sales and marketing software
Marketo Marketing Automation
Spreadsheet software
Microsoft Excel
Transaction security and virus protection software
McAfee
Word processing software
Microsoft Word

Tools Used

Tool
Example
Communications Devices and Accessories
Multi-line telephone systems
Computer Equipment and Accessories
Laptop computers
Office machines and their supplies and accessories
10-key calculators

Detailed Work Activities

  • Assess risks to business operations.
  • Evaluate applicable laws and regulations to determine impact on organizational activities.
  • Confer with others about financial matters.
  • Update professional knowledge.
  • Develop business or financial information systems.
  • Analyze risks related to investments in green technology.
  • Develop contingency plans to deal with organizational emergencies.
  • Apply mathematical models of financial or business conditions.
  • Develop financial analysis methods.
  • Prepare financial documents, reports, or budgets.
  • Create images of data, locations, or products.
  • Determine the value of goods or services.
  • Gather organizational performance information.
  • Analyze business or financial data.
  • Maintain data in information systems or databases.
  • Educate clients on financial planning topics.
  • Analyze industry trends.
  • Develop financial or business plans.
  • Present business-related information to audiences.
  • Advise others on analytical techniques.
  • Recommend investments to clients.
  • Advise others on business or operational matters.
  • Prepare regulatory or compliance documentation.
  • Monitor business indicators.

Interests

Conventional
77%
Importance

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 human resources.

Investigative
72%
Importance

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 fields of humanities, mathematics/statistics, information technology, or health care service.

Enterprising
71%
Importance

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/advertising, finance, management/administration, professional advising, public speaking, politics, or law.

Social
36%
Importance

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.

Realistic
24%
Importance

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, transportation, machine operation, agriculture, animal services, physical or manual labor, athletics, or protective services.

Artistic
19%
Importance

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, applied arts and design, performing arts, music, creative writing, media, or culinary art.

Colleges

SAGE Scholars Member Schools that offer majors leading to this career.

Check out the College Search to see the full list of schools with majors for this career.