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Risk Management Specialists - 13-2099.02

O*NET-SOC Description

Analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.

Sample of Reported Job Titles

  • Credit Risk Management Director
  • Global Risk Management Director
  • Operational Risk Management Vice President
  • Purchasing and Risk Services Director
  • Risk Analyst
  • Risk Management and Benefits Vice President
  • Risk Management Director
  • Risk Management Manager
  • Risk Manager
  • Risk Specialist

SOC Occupation Groups

Related Occupations

Tasks

  • Analyze areas of potential risk to the assets, earning capacity, or success of organizations.
  • Analyze new legislation to determine impact on risk exposure.
  • Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.
  • Confer with traders to identify and communicate risks associated with specific trading strategies or positions.
  • Consult financial literature to ensure use of the latest models or statistical techniques.
  • Contribute to development of risk management systems.
  • Determine potential environmental impacts of new products or processes on long-term growth and profitability.
  • Determine potential liability related to the use of more sustainable methods of product packaging, such as biodegradable food containers.
  • Develop contingency plans to deal with emergencies.
  • Develop or implement risk-assessment models or methodologies.
  • Devise scenario analyses reflecting possible severe market events.
  • Devise systems or processes to monitor validity of risk assessments.
  • Document, and ensure communication of, key risks.
  • Evaluate the risks and benefits involved in implementing green building technologies.
  • Evaluate the risks related to green investments, such as renewable energy company stocks.
  • Gather risk-related data from internal or external resources.
  • Identify key risks and mitigating factors of potential investments, such as asset types and values, legal and ownership structures, professional reputations, customer bases, or industry segments.
  • Maintain input or data quality of risk management systems.
  • Meet with clients to answer queries on subjects such as risk exposure, market scenarios, or values-at-risk calculations.
  • Produce reports or presentations that outline findings, explain risk positions, or recommend changes.
  • Provide statistical modeling advice to other departments.
  • Recommend ways to control or reduce risk.
  • Review or draft risk disclosures for offer documents.
  • Track, measure, or report on aspects of market risk for traded issues.

Detailed Work Activities

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

Military Crosswalk Titles

  • Aircrew Flight Equipment (Air Force - Enlisted)
  • Aircrew Flight Equipment Apprentice (Air Force - Enlisted)
  • Aircrew Flight Equipment Craftsman (Air Force - Enlisted)
  • Aircrew Flight Equipment Helper (Air Force - Enlisted)
  • Aircrew Flight Equipment Journeyman (Air Force - Enlisted)
  • Aircrew Flight Equipment Superintendent (Air Force - Enlisted)
  • Civil Affairs Specialist (Army - Enlisted)
  • Emergency Management (Air Force - Enlisted)
  • Emergency Management Apprentice (Air Force - Enlisted)
  • Emergency Management Craftsman (Air Force - Enlisted)
  • Emergency Management Helper (Air Force - Enlisted)
  • Emergency Management Journeyman (Air Force - Enlisted)
  • Emergency Management Superintendent (Air Force - Enlisted)

Apprenticeship Crosswalk Titles

No information available.

DOT Crosswalk Titles

  • Risk and Insurance Manager