All you need to know about Risk Analysts! — Pocket Guide
2 min readJul 21, 2022
On my blog, I have covered many job descriptions such as Business Analysts, Data Analysts , Data Scientists. In this story I am going to talk about another type of Analyst job which is called Risk Analyst.!
Who are Risk Analysts?
You would see Risk Analysts job postings for insurance and banking sector companies. Typically a Risk Analyst(RA) evaluates financial documents, economic conditions and potential clients to help companies determine the level of risk involved in making a particular business decision.
Types of Risk Analysts
- Credit risk analysts: These Risk Analysts analyze risks associated with customers who don’t pay for products or fail to reimburse their loans.
- Operational risk analysts: They help an organization prepare for risky operational situations, such as product malfunction or employee fraud, and prepare contingency plans to manage those risks.
- Market risk analysts: They study the stock market’s potential impact on their company’s share prices.
- Regulatory risk analysts: They assess the effect that new regulations or changes in legislation may have on the stock market and their organization’s business or sector.