Risk Management Analyst provides business analysis and builds risk models to reduces operating losses and maintain maximum protection of an organization’s assets. Provides risk-related support to other departments by performing analysis and modeling that maximizes profits and asset growth and minimizes credit and operating losses and other risk exposures. Being a Risk Management Analyst identifies options and provides recommendations for the design and development of risk management systems. Utilizes data manipulation and spreadsheet capabilities to assist in identifying loss trends and administering current programs. Additionally, Risk Management Analyst requires a bachelor’s degree. Typically reports to a supervisor or manager. The Risk Management Analyst gains exposure to some of the complex tasks within the job function. Occasionally directed in several aspects of the work. To be a Risk Management Analyst typically requires 2 to 4 years of related experience.
Risk Management Analyst Job Description Template
Our company is looking for a Risk Management Analyst to join our team.
Responsibilities:
- Develop quantitative integrated cost and schedule risk models, analyze results,
- Schedule and conduct risk interviews and support facilitation of risk workshops,
- Review project document, analyze project data and develop risk registers,
- Support constructability reviews, schedule critical reviews, and scrutinize cost estimates, understanding areas of uncertainty,
- Prepare risk assessment presentations and prepare presentations of the project’s risk profile;
- Prepare risk communications (memos), risk assessment reports, and document risk mitigation strategies,
Requirements:
- Bachelor’s Degree or Equivalent;
- Ability to work independently on projects with little oversight or as part of a team;
- Strong analytical skills, problem solving, strategic thinking and reasoning abilities;
- Ability to anticipate, draw conclusions, and adapt to changing needs and demands;
- Proficiency in Microsoft Word, Excel and PowerPoint;
- Comprehensive knowledge of third party risk management processes and methodologies;
- Detail oriented with the ability to multitask and quickly adapt to changing assignments;
- 3-5 years of experience in Risk Management, Third Party Risk, Auditing or the equivalent;
- Prior Third Party Risk Management, Audit or Enterprise Risk Management experience.