From corporate risk manager to financial risk manager
10 of the 35 essential skills of a financial risk manager are already essential for a corporate risk manager — about 29% of the job, before you learn anything new. It is the closest move from corporate risk manager in the whole taxonomy.
These numbers compare two occupations, not you and a job. What you personally already cover depends on what you have actually done.
- 10
- skills carry over
- 25
- would be new
- 29%
- of the target job covered
- 35
- essential skills of a financial risk manager
What a financial risk manager does
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.
What carries over
10 skillsEssential in both jobs. This is the part of the move you have already made.
What would be new
25 skillsEssential for a financial risk manager and not for a corporate risk manager. Note that the taxonomy describes activities rather than tools, so some of these may be things you already do under a different name.
- advise on financial matters
- advise on tax policy
- analyse financial risk
- analyse market financial trends
- apply credit risk policy
- 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
- integrate strategic foundation in daily performance
- interpret financial statements
- manage financial risk
- management consulting
- securities
- strive for company growth
- tax legislation
← corporate risk managerfinancial risk manager →The other way round
No account needed to start
How far are you from 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.