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§ OCCUPATION · GLOBAL STANDARDS

financial risk manager

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.

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Description

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.

Theoretical Knowledge
ESSENTIALTheoretical knowledge required
tax legislationassessment of risks and threatsfinancial statementsfinancial managementrisk identificationfinancial analysiseconomicsmanagement consultingfinancial forecastingrisk managementrisk transfersecurities
OPTIONALAdjacent knowledge that strengthens fit
financial department processestreasury management systemrisk financing techniquesfinancial productsaccounting department processesMonte Carlo simulationbanking activitiesinternational financial reporting standards
Practical Skills
ESSENTIALApplied skills & competences
integrate strategic foundation in daily performanceapply credit risk policyfollow company standardsenforce financial policiesanalyse external factors of companiesanalyse financial riskassess risk factorsmake strategic business decisionsstrive for company growthadvise on tax policyanalyse market financial trendscreate risk mapsadvise on financial matterscreate a financial planestimate profitabilitydigital data processingadvise on risk managementcreate risk reportsliaise with managersanalyse internal factors of companiesinterpret financial statementscollect financial datamanage financial risk
OPTIONALOptional competences
manage currency exchange risk mitigation techniquesprepare credit reportsdevelop predictive modelsmaintain financial recordscarry out statistical forecastsprovide support in financial calculationnegotiate sales contractsproduce statistical financial recordscreate solutions to problemsapply statistical analysis techniquesdisseminate information on tax legislationprevent fraudulent activitiescontrol financial resourcesassess risks of clients' assetsanalyse economic trendsdeliver visual presentation of dataprepare financial statementsperform data analysiscalculate dividendsapply credit stress testing methodologiesanalyse financial performance of a company

GLOBAL RESOURCE

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SKILLS OVERVIEW

64 total
35 essential · 29 optional

Data Source: Unified Global Standards (ISCED, ISCO, O*NET, ESCO)

© 2026 DESTINAI · BETA 1.0 · ISCED ISCO O*NET ESCO
CareersSkillsPrivacyTermsEU AI Act notice