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Occupation information - In brief...



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Course Suggestions - CAO

Courses related to this or similar occupations:

If you are interested in this occupation, then these CAO courses may also be of interest. Note that these course suggestions are not intended to indicate that they lead directly to this occupation, only that they are related in some way and may be worth exploring.
Central Applications Office 27 courses found.
Economics and Sociology
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Business and Information Technology
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Business and Information Technology
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Business Information Systems
UCC (NUI)
Business Information Systems with Cloud Computing
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Computing for Business
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Business Information Systems
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Management Science and Information Systems Studies
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Manufacturing Engineering with Business Studies
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Economics, Politics and Law
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Business and Technology
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Economics
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Economics and Finance
NCI
Economics and Finance
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Economics and Finance
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Arts (subject option: Mathematics)
UCD (NUI)
Economics and Mathematical Sciences
University of Limerick
Financial Mathematics and Economics
NUI Galway
Accounting and Finance
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Actuarial and Financial Studies
UCD (NUI)
Actuarial, Financial and Mathematical Sciences - Common Entry
DCU
Financial Services and Investment Analysis - Cancelled
IT Tallaght
Accounting and Finance
Griffith College. Limerick

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In Brief... Risk Analyst

 Brief Description:

Responsible for identifying and analysing areas of potential financial risk that threaten the assets, earning capacity or success of an organisations.


Typical tasks undertaken in this profession: 20

»  

Confer with traders to identify and communicate risks associated with specific trading strategies and positions. 

»  

Identify and analyze areas of potential risk to the assets, earning capacity, or success of organizations. 

»  

Identify key risks and mitigating factors of potential investments, such as asset types and values, legal and ownership structures, professional reputations, customer bases, or industry segments. 

»  

Conduct statistical analyses to quantify risk, using statistical analysis software and econometric models. 

»  

Document, and ensure communication of, key risks. 

»  

Devise systems and processes to monitor validity of risk modeling outputs. 

»  

Develop and implement risk-assessment models and methodologies. 

»  

Gather risk-related data from internal or external resources. 

»  

Plan, and contribute to development of, risk management systems. 

»  

Produce reports and presentations that outline findings, explain risk positions, and recommend changes. 


JobZone

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Education
Most of these occupations require qualifications at NFQ Levels 7 or 8 (Ordinary / Honours Degrees) but some do not.

Related Experience
A considerable amount of work-related skill, knowledge, or experience is needed for these occupations. For example, an engineer must complete four years of college and work for several years in engineering to be considered qualified.

Job Training
Employees in these occupations usually need several years of work-related experience, on-the-job training, and/or vocational training.

Job Zone Examples
Many of these occupations involve coordinating, supervising, managing, or training others. Examples include accountants, sales managers, computer programmers, teachers, chemists, environmental engineers, criminal investigators, and financial analysts.


Qualifications required?

Level 7/8 Degree + professional qualifications

Typical entry routes:

Information is currently being updated

Related courses

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Sectors related to this occupation:

This occupation is typically found in the sectors below. You can explore information relating to sectors by clicking on the titles below.

Banking, Insurance & Financial Services
Business Organisation & Business Management
Physical & Mathematical Sciences
Medical Devices

Future Skills Requirements & Concerns

Current Labour Market Research highlights concerns in some occupations. These comments are presented here where available: [source: Forfas]

Market, product and operational
 
This occupation has been viewed 102721 times
 
1 Salary Information
Note: All salaries are in thousands of euros and refer to annual salaries.

Job Title
Risk / Bond / Research Analyst
Salary Range*
30 - 58
Related Information:
Data Source(s):
Brightwater / Hudson

Last Updated: May, 2013
* The lower figures typically reflect starting salaries. Higher salaries are awarded to those with greater experience and responsibility. Positions in Dublin sometimes command higher salaries.

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