OUR SERVICES: FINANCIAL ANALYSIS
Risk Analyst
What does a Risk Analyst do?
A Risk Analyst evaluates potential risks faced by an organization and develops strategies to mitigate them. They analyze financial data, market trends, and internal operations to identify threats to the organization’s objectives. Risk Analysts assess the likelihood and impact of these risks and recommend measures to minimize them. They also monitor risk exposure over time, update risk profiles, and communicate findings to senior management. Additionally, Risk Analysts may develop risk models, conduct stress tests, and ensure compliance with regulatory requirements to enhance the organization’s resilience to various uncertainties and threats.
Tier 1 |
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1 to 2 years of experience |
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Tier 2 |
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3 to 5 years of experience |
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Tier 3 |
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> 5 years of experience |
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ABOUT THE ROLE
Roles and Responsibilities
- Analyzing financial data, market trends, and operational processes to identify potential risks.
- Assessing the likelihood and impact of identified risks on organizational objectives.
- Developing strategies and recommending measures to mitigate risks.
- Monitoring risk exposure over time and updating risk profiles.
- Communicating findings and recommendations to senior management.
- Developing risk models, conducting stress tests, and ensuring compliance with regulatory requirements.
Day-to-Day Duties
- Analyzing financial and market data.
- Identifying potential risks to the organization.
- Developing risk mitigation strategies.
- Communicating findings to stakeholders.
- Updating risk profiles and monitoring risk exposure.
SKILLS AND TOOLS
Tools
Education
Common Educational Backgrounds and Careers for this Role:
- Public Accounting
- Business administration
- Forensic Finance
- Economics
- Mathematics
- Statistics
- Risk Management
- Actuarial Science
- Financial Analysis
- Quantitative Finance
CANDIDATES TESTS
Tests & Evaluations for Candidates
QuickBooks
QuickBooks Online (UK and US version) test to hire8/10
Bookkeepers, accountants, financial clerks, financial managers, business and clerical administrators.
GAAP
Use the Financial accounting (US GAAP) test to hire8/10
Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.
IFRS
Use the Financial accounting (IFRS) test to hire8/10
Bookkeepers, accounts assistants, financial accountants, financial managers, and other roles requiring a good grasp of financial accounting.