Where a financial risk manager can go next
5 destinations recorded, ranked by how much of the target role a financial risk manager already meets. The closer to the top of Table 1, the less there is to learn.
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.
Also known as budget and debt advisor, financial risk department manager, bank risk manager.
Professionals 64 skills on file 5 career moves 1 above 60% overlap Closest: credit risk analyst, 75%
- 70% and above · short step
- 50 to 70% · real move
- Below 50% · substantial retraining
Table 2 · A bigger jump
Possible, but expect real retraining rather than a sideways step.
Table 3 · What the job itself asks for
A financial risk manager needs 35 required skills and areas of knowledge. These 10 are the ones fewest other jobs share, so they say the most about the work.
- create risk maps information skills
- create risk reports information skills
- collect financial data information skills
- risk transfer business, administration and law
- risk identification business, administration and law
- advise on tax policy communication, collaboration and creativity
- management consulting business, administration and law
- apply credit risk policy assisting and caring
- estimate profitability information skills
- assessment of risks and threats information and communication technologies (icts)
Table 4 · Jobs that lead here
The reverse view: occupations whose skills already cover much of what a financial risk manager does. The figure is how much of this job each one brings.
Look up another occupation
Financial risk manager is filed under Professionals, ISCO major group 2. The full index lists all ten groups.
How these figures were compiled
Overlap is how much of the target role is already part of a financial risk manager’s work. It is directional: the figure for the reverse move differs. Every entry above opens the full comparison for that move: what carries over, what is missing, and where to start. The full method.