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Financial Risk Specialist

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Bachelor's degree

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What They Do

About This Career

Analyzes and measures exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.

This career is part of the Finance cluster Securities and Investments pathway.

A person in this career:

  • Analyzes areas of potential risk to the assets, earning capacity, or success of organizations.
  • Analyzes new legislation to determine impact on risk exposure.
  • Conducts statistical analyses to quantify risk, using statistical analysis software or econometric models.
  • Confers with traders to identify and communicate risks associated with specific trading strategies or positions.
  • Consults financial literature to ensure use of the latest models or statistical techniques.
  • Contributes to development of risk management systems.
  • Determines potential environmental impacts of new products or processes on long-term growth and profitability.
  • Develops contingency plans to deal with emergencies.
  • Develops or implements risk-assessment models or methodologies.
  • Devises scenario analyses reflecting possible severe market events.

Working Conditions and Physical Demands

People who do this job report that:

  • You would sit most of the time. There's some walking and standing. You may have to lift and carry things like books, papers or tools weighing 10 lbs. or less.
  • Work in this occupation requires being inside most of the time
  • Work in this occupation involves sitting more than one-third of the time

Work Hours and Travel

  • Irregular hours
  • Overnight travel
  • Overtime work
  • Weekend work

Specialty and Similar Careers

Careers that are more detailed or close to this career:

  • Risk Manager — Assesses and quantifies business risks and then takes measures to control or reduce them.
  • Securities Analyst
  • Risk Specialist
  • Risk Analyst
  • Equity Research Analyst
  • Analyst


  • Email Support
  • 1-800-GO-TO-XAP (1-800-468-6927)
    From outside the U.S., please call +1 (424) 750-3900
  • North Dakota Career Resource Network
    ndcrn@nd.gov | (701) 328-9733