Will “Risk Analyst” be Replaced By Robots? 🤔
Unknown Chance of Automation
Sadly, the research paper did not provide any information about this occupation. Maybe have a look at our directory?
Job Description
Develop quantitative financial products used to inform individuals or financial institutions engaged in saving, lending, investing, borrowing, or managing risk. Investigate methods for financial analysis to create mathematical models used to develop improved analytical tools or advanced financial investment instruments.
Job Details
- The SOC (Standard Occupational Classification) code is 13-2099.01
☝️ Information based on the reference occupation “Financial Quantitative Analysts”.
Also Known As…
- Financial Quantitative Analysts
- Structurer
- Quantitative Analyst
- Financial Quantitative Analyst
- Financial Engineer
- Equity Structurer
- Data Analyst
Tasks for “Risk Analyst”
- Collaborate with product development teams to research, model, validate, or implement quantitative structured solutions for new or expanded markets.
- Interpret results of financial analysis procedures.
- Research new financial products or analytics to determine their usefulness.
- Define or recommend model specifications or data collection methods.
- Develop methods of assessing or measuring corporate performance in terms of environmental, social, and governance (ESG) issues.
- Confer with other financial engineers or analysts on trading strategies, market dynamics, or trading system performance to inform development of quantitative techniques.
- Prepare requirements documentation for use by software developers.
- Develop solutions to help clients hedge carbon exposure or risk.
- Maintain or modify all financial analytic models in use.
- Devise or apply independent models or tools to help verify results of analytical systems.
- Consult traders or other financial industry personnel to determine the need for new or improved analytical applications.
- Produce written summary reports of financial research results.
- Identify, track, or maintain metrics for trading system operations.
- Develop tools to assess green technologies or green financial products, such as green hedge funds or social responsibility investment funds.
- Provide application or analytical support to researchers or traders on issues such as valuations or data.
- Develop core analytical capabilities or model libraries, using advanced statistical, quantitative, or econometric techniques.
- Collaborate in the development or testing of new analytical software to ensure compliance with user requirements, specifications, or scope.
- Research or develop analytical tools to address issues such as portfolio construction or optimization, performance measurement, attribution, profit and loss measurement, or pricing models.
- Analyze pricing or risks of carbon trading products.
- Assess the potential impact of climate change on business financial issues, such as damage repairs, insurance costs, or potential disruptions of daily activities.
- Apply mathematical or statistical techniques to address practical issues in finance, such as derivative valuation, securities trading, risk management, or financial market regulation.
Related Technology & Tools
- Mainframe computers
- Computer data input scanners
- Desktop computers
- Multi-line telephone systems
- Laptop computers
- Photocopying equipment
- Personal computers
- Python
- JavaScript
- Microsoft Visual C#
- SAS
- Microsoft PowerPoint
- Microsoft Visio
- The MathWorks MATLAB
- Structured query language SQL
- Microsoft Visual Basic
- Microsoft Visual Basic for Applications VBA
- Microsoft Access
- Insightful S-PLUS
- Microsoft Office
- UNIX
- Linux
- Microsoft Excel
- C++
- Microsoft SQL Server
- Web browser software
- MicroStrategy Desktop
- R
- SPSS
- IBM Cognos Business Intelligence
- Bloomberg Professional
- Practical extraction and reporting language Perl
- StataCorp Stata