financial risk manager
Financial risk managers identify and assess potential risk areas threatening the assets or capital of organisations and give advice on how to deal with them. They specialise in either credit, market, operational or regulatory risk analysis. They use statistical analysis to evaluate risk, make recommendations to reduce and control financial risk and review documentation for legal compliance.
Also called: bank risk manager, financial risk department manager, budget and debt advisor
- 35
- essential skills
- 29
- optional skills
- 8
- related roles
- 2412
- ISCO-08 group
Where you can go from here
8 rolesOccupations sharing the most essential skills with this one. The number is a count, not an opinion.
- credit risk analystWhat changes?16 skills in common
- financial managerWhat changes?14 skills in common
- budget managerWhat changes?13 skills in common
- credit manager12 skills in common
- credit union manager12 skills in common
- insurance agency manager12 skills in common
- insurance product manager12 skills in common
- investment fund manager12 skills in common
Essential skills
35- advise on financial matters
- advise on risk management
- advise on tax policy
- analyse external factors of companies
- analyse financial risk
- analyse internal factors of companies
- analyse market financial trends
- apply credit risk policy
- assess risk factors
- assessment of risks and threats
- collect financial data
- create a financial plan
- create risk maps
- create risk reports
- digital data processing
- economics
- enforce financial policies
- estimate profitability
- financial analysis
- financial forecasting
- financial management
- financial statements
- follow company standards
- integrate strategic foundation in daily performance
- interpret financial statements
- liaise with managers
- make strategic business decisions
- manage financial risk
- management consulting
- risk identification
- risk management
- risk transfer
- securities
- strive for company growth
- tax legislation
Optional skills
29- accounting department processes
- analyse economic trends
- analyse financial performance of a company
- apply credit stress testing methodologies
- apply statistical analysis techniques
- assess risks of clients' assets
- banking activities
- calculate dividends
- carry out statistical forecasts
- control financial resources
- create solutions to problems
- deliver visual presentation of data
- develop predictive models
- disseminate information on tax legislation
- financial department processes
- financial products
- international financial reporting standards
- maintain financial records
- manage currency exchange risk mitigation techniques
- Monte Carlo simulation
- negotiate sales contracts
- perform data analysis
- prepare credit reports
- prepare financial statements
- prevent fraudulent activities
- produce statistical financial records
- provide support in financial calculation
- risk financing techniques
- treasury management system
No account needed to start
How close are you to being a financial risk manager?
MyNodes reads your CV once, maps it to this same taxonomy, and shows you which roles you are already closest to and the few skills that would open the most doors. The file is deleted as soon as it has been read.