financial risk manager

Code 2412.5

Financial risk managers identify and assess potential risk areas threatening the assets or capital of organisations and give advice on how to deal with them. They specialise in either credit, market, operational or regulatory risk analysis. They use statistical analysis to evaluate risk, make recommendations to reduce and control financial risk and review documentation for legal compliance.

Essential skills

Knowledge

  • financial analysis
  • economics
  • financial statements
  • assessment of risks and threats
  • risk management
  • financial management
  • risk identification
  • tax legislation
  • financial forecasting
  • risk transfer
  • securities

Skills and competences

  • Elaborar un informe financiero
  • Gestionar stakeholders internos y externos
  • Identificar riesgos y análisis de vulnerabilidades
  • analyse internal factors of companies
  • analyse external factors of companies
  • analyse market financial trends
  • apply credit risk policy
  • enforce financial policies
  • advise on risk management
  • advise on tax policy
  • liaise with managers
  • create risk maps
  • assess risk factors
  • manage financial risk
  • interpret financial statements
  • create risk reports
  • create a financial plan
  • collect financial data
  • make strategic business decisions

Transversal competences

  • analyse financial risk
  • advise on financial matters
  • estimate profitability
  • integrate strategic foundation in daily performance
  • strive for company growth
  • follow company standards

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What to assess for this role

Technical knowledge can be verified with tests and references. What never shows up on a CV are the transversal competences, and they explain most failed hires. Before closing, it pays to measure them with a standardised battery.

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Sources

This service uses the ESCO classification of the European Commission and the Mapha Taxonomy developed by OTIC SOFOFA (CC BY 4.0), in an adapted version. Group codes come from the ILO's ISCO-08. See sources and licences