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Risk Management Specialists

Also called: Risk Management Director, Chief Risk Officer, Risk Manager, Credit Risk Management Director

What they do:
Analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.
On the job, you would:
  • Document, and ensure communication of, key risks.
  • Maintain input or data quality of risk management systems.
  • Recommend ways to control or reduce risk.

Knowledge

Math and Science
  • arithmetic, algebra, geometry, calculus, or statistics
Arts and Humanities
  • English language
Business
  • accounting and economics
  • management
Engineering and Technology
  • computers and electronics

Skills

Basic Skills
  • reading work related information
  • listening to others, not interrupting, and asking good questions
People and Technology Systems
  • figuring out how a system should work and how changes in the future will affect it
  • measuring how well a system is working and how to improve it
Problem Solving
  • noticing a problem and figuring out the best way to solve it

Abilities

Verbal
  • communicate by speaking
  • listen and understand what people say
Ideas and Logic
  • notice when problems happen
  • make general rules or come up with answers from lots of detailed information
Math
  • choose the right type of math to solve a problem
  • add, subtract, multiply, or divide

Personality

People interested in this work like activities that include data, detail, and regular routines.
They do well at jobs that need:
  • Analytical Thinking
  • Attention to Detail
  • Integrity
  • Dependability
  • Initiative
  • Cooperation

Technology

You might use software like this on the job:

Analytical or scientific software
  • Aptech Systems GAUSS software
  • SAS software
Information retrieval or search software
  • Factiva
  • Standard & Poor's Capital IQ software
Development environment software
  • Microsoft Visual Basic
  • Ruby

Education

Education: (rated 4 of 5)
bachelor's degree or
master's degree
usually needed

Get started on your career:

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Job Outlook

Bright Outlook
New job opportunities are very likely in the future.
Salary
$61,160
per year, on average
Green
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See more details at O*NET OnLine about risk management specialists.