All you need to know about Risk Analysts! — Pocket Guide

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.!

Risk Analysts — Pocket Guide- Crack Risk Analyst Interview (Image Credit: alamy)

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.