Risk Management Analyst
Identifies and quantifies the risks an organisation carries, and works with teams to reduce them before they bite.
What the role involves
- Identify, assess and prioritise risks across the organisation
- Maintain the risk register and keep it honest and current
- Model likelihood and impact, including scenario and stress testing
- Coordinate risk mitigation plans with accountable owners
- Report the risk position to leadership and the board
Core skills
- Risk Identification & Assessment (level 4/5)
- Risk Register & Governance (level 3/5)
- Scenario & Stress Testing (level 4/5)
- Financial Risk Analysis (level 3/5)
- Stakeholder Communication (level 4/5)
- Data Analysis & Reporting (level 3/5)
Preferred skills
- Insurance & Transfer Risk
- Controls & Testing
- SQL & Database Design
Tools
Experience expected
2-5 years in risk, credit risk, enterprise risk or assurance
Projects that prove the role
- Enterprise risk assessment across business units
- Stress test that changed a funding or capital decision
- Risk register overhaul that leadership actually uses
Evidence to collect
- A risk register or assessment framework you built
- A scenario analysis that informed a decision
- A mitigation plan you tracked to closure
What the interview covers
- A risk you identified that others had missed
- How you scored likelihood and impact and defended it
- A risk that was accepted and what happened
- Communicating risk to a board without alarming them
How the role progresses
- Risk Analyst
- Senior Risk Analyst
- Risk Manager
- Head of Risk
- Chief Risk Officer
Certifications that carry weight
- FRM (Financial Risk Manager)
- PRM (Professional Risk Manager)
- CISA
- IRMA certification
Related roles
- compliance-analyst
- financial-analyst
- security-consultant
- business-analyst
Turn this into a plan
Inside CareerDev4AI, choosing this role generates a roadmap of the skills, projects and milestones that move you towards it.