Financial specialists earn the trust of their customers and employers by puzzling out complex financial questions and providing sound advice. These specialists strive to ensure the profitability of investments, focusing on different aspects of financial security. Financial quantitative analysts use advanced statistical techniques to develop financial analytic models. They provide guidance to determine values for investments, and help companies make better recommendations for investors. Risk management specialists identify the risks of potential investments for an organization, and assist in deciding how to manage risk most effectively. They also advise companies on the advantages of different ownership structures, customer bases, and industry segments. Investment underwriters advise clients on how to finance their businesses, and arrange financing with banks, agencies, and public or private companies. They also develop strategies to help struggling companies recover. Fraud examiners, investigators, and analysts seek evidence to prove, or disprove, fraud allegations. They interview suspects and witnesses, and analyze financial data to identify irregularities that could indicate fraudulent activity. They often coordinate with law enforcement and attorneys, and may also testify in court. Financial specialist positions generally require a related bachelor’s degree, although most quantitative analyst positions require a master's degree. Some positions may not require a college degree.
What they do:
Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.
On the job, you would:
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.
Knowledge information for this career will be available soon.
Skills information for this career will be available soon.
Abilities information for this career will be available soon.
Information for this career will be available soon.
You might use software like this on the job:
Analytical or scientific software
IBM SPSS Statistics
The MathWorks MATLAB
Word processing software
Financial analysis software
Oracle E-Business Suite Financials
Wolfram Research Mathematica UnRisk Pricing Engine
Get started on your career:
New job opportunities are very likely in the future.
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