Risk Analyst job description

Job brief

We require a risk analyst who will assess our financial records, the state of the economy, and potential customers in order to assist the business in determining the level of risk associated with a given business decision.

A bachelor's degree in statistics, economics, finance, or another business-related field is required to work as a risk analyst. To assess business decisions, you should be able to use software applications like Excel and conduct in-depth research. You might occasionally need to go to clients' locations to complete their tasks.

Responsibilities

• Analyze data to learn more about prospective risks, worries, and decision consequences.
• Combine information from various sources to produce a thorough evaluation.
• To display results, create reports, summaries, presentations, and handle documents.
• Work together with other team members to analyze and display data in an efficient manner.
• collecting data on the spot and evaluating it.
• Using images to support reports.
• Giving consumers advice on how to increase their risk tolerance.
• Using your knowledge to suggest programs for risk improvement.
• Modifying the client's quality ratings whenever improvements are made assisting in underwriter site visit training.
• Routine administrative duties.
• Create methods and procedures for collecting and storing data in preparation for upcoming analytical initiatives.
• Investigate possible clients and weigh the risks of working with each one.
• Determine the economic and financial trends that could be dangerous for the business.
• Keep track of internal and external data points that can have an impact on the decision's risk level.

Requirements

• Proven work experience as a Risk Analyst or a similar role
• Demonstrated aptitude for setting priorities and completing projects by their due dates every day
• Exceptional communication abilities both in writing and speaking to notify managers and other stakeholders of results
• Mastery of Microsoft Excel, Access, Visio, and other analysis software
• The capacity to simultaneously handle several projects and initiatives in order to finish work
• The capacity to independently address data problems using critical thinking
• Analytical and quantitative abilities with the ability to comprehend new concepts in the analysis
• Basic familiarity with programming languages like Python and SQL
• Presentation abilities, such as public speaking and utilizing technology like PowerPoint to create presentations