Financial risk analysts are commercially aware communicators who can spot the potential risks to a project or business

As a financial risk analyst in DIONE ASSET you'll identify and analyse areas of potential risk threatening the assets, earning capacity or success of organisations in the industrial, commercial or public sector. 

You'll also be responsible for predicting change and future trends, as well as forecasting cost to the organisation.

There are high degrees of specialisation within the profession. Risk analysts may work in sales, origination, trading, marketing, financial services.

specializing on:

- Credit

- Market

- Operational

- Regulatory

Financial institutions are required to manage market and credit risks daily. 

Risk analysts are therefore increasingly tasked with responsibilities touching all four key areas.

An alternative but similar role to a financial risk analyst is that of a credit analyst, in which the creditworthiness of a business is calculated, and a probability of payment determined. 

Risk analysis is considered by many to be advanced credit analysis.

Types of financial risk analyst.

A financial risk analyst's role is to formalise the process of risk management in an organisation. This involves business decision-making and enabling the process of risk taking.

Credit risk specialists analyse the risk to the company of its customers not paying for goods or services or defaulting on loans.

Market risk specialists analyse the risk of outside factors that may affect the share price or the market. 

They typically work closely with traders to calculate the risk associated with specific trading transactions.

Operational risk analysts look at the likelihood of risky events, such as system breakdowns and employee fraud.

Regulatory risk analysts look at the impact that new legislation may have on the company.

Responsibilities:

As a financial risk analyst, you'll typically need to:

make recommendations to reduce or control risk, which may involve an insurance strategy.

working with the company’s trained professionals to calculate the risk associated with specific transactions.

-  Liaise with underwriters and insurers

-  Forecast and monitor market trends

-  Consider proposed business decisions

-  Conduct research to assess the severity of risk

-  Conduct statistical analysis to evaluate risk, using ; SPSS

-  Carry out quantitative analysis

-   Protect the organisation's assets and public image

 develop contingency plans to deal with emergencies.

The job involves working under pressure to meet deadlines.

There may be opportunities to work overseas, particularly if you're employed by a large international company.

Qualifications:

Applying for Financial risk analyst in DIONE ASSET you don't need a degree to enter the profession.

But you must be an active Dioneer or Asset holder, many financial risk analysts are graduates. 

The following subjects may increase your chances:

accountancy

economics

engineering

finance

insurance

law

mathematics

risk management

statistics.

Career prospects:

General career development routes include:

continuing your career as an investment analyst with the aim of becoming a lead analyst in a particular sector, perhaps starting with some of the smaller listed companies

progressing into management, supervising others and taking on responsibility for an investment area or type of fund

continuing to develop expertise in a chosen field and becoming recognised for specialist knowledge, expertise and results

becoming a manager in charge of investment in a specific organisation, such as an insurance company or in-house pension fund

moving into investor relations.

Progression within a company will depend upon its size. In small investment firms, sometimes known as boutiques, opportunities to develop may not always arise. You may therefore choose to apply to other firms to progress or develop new skills.

Relocation to another country, or to another major UK city, may be required to progress within a company or to secure a different role with a new employer.

Within the investment banking sector, it's often not possible to transfer between departments, so it's likely you would progress within your current or similar roles rather than transfer. Often, if you have become an expert in your particular investment area or sector, you may be headhunted by competitor organisations and choose to continue your career elsewhere.

Benefits:

Within the investment sector it's typical for you as a top investor or asset holder to spend your first time experience as an analyst, after which DIONE ASSET considers you for promotion or award you a contract in any of the sectors.

Or you chose to wait and apply for the DIONE ASSET regional representative in your area.

Signed.

Admin department.