Description
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.
EssentialOptional
Theoretical Knowledge
risk transferfinancial managementfinancial statementsfinancial analysissecuritiesrisk identificationeconomicsmanagement consultingrisk managementtax legislationassessment of risks and threatsfinancial forecastingaccounting department processesbanking activitiesfinancial productsinternational financial reporting standardsrisk financing techniquestreasury management systemMonte Carlo simulationfinancial department processes
Practical Skills
analyse financial riskcollect financial datadigital data processinganalyse external factors of companiesanalyse internal factors of companiesfollow company standardsadvise on financial matterscreate risk reportsestimate profitabilityadvise on tax policyinterpret financial statementsliaise with managerscreate risk mapsadvise on risk managementenforce financial policiesmake strategic business decisionsintegrate strategic foundation in daily performancestrive for company growthapply credit risk policyanalyse market financial trendsmanage financial riskcreate a financial planassess risk factorsprovide support in financial calculationanalyse financial performance of a companymanage currency exchange risk mitigation techniquesprepare financial statementsdevelop predictive modelsassess risks of clients' assetsmaintain financial recordscontrol financial resourcesanalyse economic trendscarry out statistical forecastsdeliver visual presentation of datacalculate dividendsapply statistical analysis techniquesapply credit stress testing methodologiesprevent fraudulent activitiesnegotiate sales contractsdisseminate information on tax legislationproduce statistical financial recordsperform data analysiscreate solutions to problemsprepare credit reports