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Risk Management Specialists

Identify risks to an organization.

Quick Facts

Wages:

Median wages for the broader occupation, Financial Specialists, All Other, are $38.99 / hour.

Education:

On the Job:

Typical Work Tasks
  • Confer with others about financial matters.
  • Gather organizational performance information.
  • Present business-related information to audiences.
  • Analyze business or financial data.
Read more about the job

Job Title Examples:

Chief Risk Officer
Market Risk Analyst
Risk Management Director

See more job title examples

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On the Job

 

Risk Management Specialists work to minimize various risks of all types to organizations. They document possible risk, and communicate these risks to upper management. They may recommend ways to control or reduce risk, or put these procedures in place.

 

Typical Work Tasks

People who work in this career often:


Typical Working Conditions

 

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This page includes information from the O*NET 24.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.

 


Education & Credentials

 

This is a new or emerging specialty. The information on this page is based on the broader career that this specialty is part of, Financial Specialists, All Other.

 

Educational Requirements

Not available

 

Education level attained (national data)

Education Level Attained (national data)
Education Level AttainedPercentage of workers in this occupation
Less than high school diploma1.8
High school diploma or equivalent13.1
Some college, no degree18.8
Associate degree8.4
Bachelors degree34.9
Masters degree19.9
Doctoral (Ph.D) or professional degree3.2

 

Work Experience and Training Requirements

Nationally, this career typically requires:

  • No related work experience for entry.
  • Moderate-term on-the-job training to become competent.

 

Transfer Options

 

Licenses

Licenses are knowledge and skill credentials that are legally required in some careers.

This occupation requires a license.

Bail Bond Agent
Insurance Agent (Line item for Bailbondsmen)

 

Helpful High School Courses

Examples of helpful classes that help you prepare for this career:

  • Accounting
  • Algebra I and II
  • Business Law
  • Business Management
  • Composition
  • Economics
  • International Business
  • Marketing
  • Office Procedures
  • Public Speaking
  • Statistics
  • e-Commerce

In Minnesota, your school may have developed a Program of Study in this career area. A Program of Study is an academic and career plan developed by your high school to help move you towards a career and college path. A Program of Study can help you:

  • Select high school classes that prepare you for college and getting a job
  • Understand how the classes you're taking in high school lead to a career
  • Identify extra-curricular activities that are related to your career interest
  • See what classes at your school offer early college credit that will save you time and money towards your college expenses
  • Graduate from high school prepared for your next step toward the career you choose

 

O*NET in-it

This page includes information from the O*NET 24.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.



Skills & Knowledge

 

Most Important Skills for Risk Management Specialists


 

Most Important Knowledge Areas for Risk Management Specialists



Interests


Different careers may be a good fit for your personality or interests. This career is:

Learn more about your interests. Take the MnCareers Interest Assessment.

 

Describe Your Skills


This is a new or emerging career specialty. Skill statements are still under development.

 

Careers that Use Similar Skills


The following careers use skills, knowledge, and abilities that are similar to those used for Risk Management Specialists.

 

View more careers in the Finance cluster

View more careers in the Securities and Investments pathway

 

O*NET in-it

This page includes information from the O*NET 24.2 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA.



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Jobs



Real-time job data provided by Gartner TalentNeuron

 

Job Title Examples


Chief Risk Officer,  Market Risk Analyst,  Risk Management Director,  Credit Risk Management Director,  Global Risk Management Director,  Operational Risk Analyst,  Risk Analyst,  Risk Manager,  Risk and Insurance Consultant 

 

Where Do Risk Management Specialists Work?


Risk Management Specialists often work in the following industries.

 

Similar Careers


Below are careers that use skill sets that are similar to Risk Management Specialists.



Source: You can learn about our data sources in the About Us section.