Risk analysts, sometimes referred to as risk managers, help businesses determine the amount of financial risks involved concerning investments and operational costs. Many risk analysts work for financial institutions, such as banks and investment firms. Some professionals also work as consultants and go from business to business assessing potential risk factors. Other risk analysts work in corporate accounting offices and focus on identifying risk factors at multiple store locations.
To find employment, risk analysts often require the minimum of a bachelor's degree and around five years of work experience in the financial industry. Candidates who hold graduate degrees may fare better in the job market. Certification remains voluntary for this industry, but some employers may favor certified analysts.