Jobs / Finance and accounting / 13-2054.00

Financial Risk Specialists

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.

US jobs
63,850
Median wage
$117,330 a year
Job family
Finance and accounting

Can agents do the work of financial risk specialists?

We read the evidence for the whole job family, Finance and accounting: Some tasks (no change in 12 months)

Agents complete 20% or more of the tasks (or projects) on a direct benchmark.

Evidence: SpreadsheetBench 2, 54.5% of tasks completed.

Direct evidence that disagrees: APEX-Accounting, 14.8% of tasks fully completed (Pass@1).

0% of this occupation's work, by O*NET work activities, is measured by a direct benchmark.

  • 23%Analyze business or financial risksNot measured
  • 8%Develop operational or technical procedures or standardsNot measured
  • 8%Analyze business or financial dataNot measured
  • 7%Advise others on business or operational mattersNot measured
  • 5%Provide information to guests, clients, or customersNot measured
  • 3%Assess characteristics or impacts of regulations or policiesNot measured
  • 3%Coordinate activities with clients, agencies, or organizationsNot measured
  • 3%Maintain current knowledge in area of expertiseNot measured

Benchmarks for the job family

These cover work in finance and accounting, not always this occupation's tasks.

Direct evidence

Work benchmarks mapped primary to this family. They set the step when they report how many tasks agents complete.

Also relevant

These benchmarks cover part of this family's work, or have no result yet. They do not set its step.

Context only

These benchmarks span many occupations, or they test how agents behave. They give context but do not set the step.

Retired

Their maintainers or a major evaluator stopped using them as a frontier measure. They do not count.

Typical tasks

From O*NET 31.0. Core tasks first. Few of these tasks have a benchmark today.

  • 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.
  • 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.
Other job titles for this occupation (35)

Analyst · Equity Research Analyst · Risk Analyst · Risk Manager · Risk Specialist · Securities Analyst · Bank and Savings Securities Trader · Bond Analyst · Business Risk Manager · Compliance Risk Manager · Corporate Securities Research Analyst · Credit Risk Analyst · Energy Risk Management Analyst · Enterprise Risk Manager · Estate Executor · Financial Risk Analyst · Loss Control Consultant · Loss Control Inspector · Market Risk Analyst · Market Risk Specialist · Model Risk Manager · Operational Risk Analyst · Operational Risk Consultant · Operational Risk Manager · Operational Risk Officer · Risk Adjustment Analyst · Risk Control Consultant · Risk Management Analyst · Risk Management Consultant · Risk Management Manager · Risk Management Specialist · Securities Consultant · Securities Research Analyst · Security Consultant · Third Party Risk Manager