Financial Risk Analyst Overview

Required Education and Training To Become a Financial Risk Analyst

Best Schools to become a Financial Risk Analyst in U.S. 2024

Wake Technical Community College

Raleigh, NC

In-State Tuition:$2,432
Out-of-State Tuition:$8,576
Admission Rate:N/A
Graduation Rate:31%
Total Enrollment:21,551

Washington University in St Louis

Saint Louis, MO

In-State Tuition:$59,420
Out-of-State Tuition:$59,420
Admission Rate:12%
Graduation Rate:94%
Total Enrollment:17,012

Fayetteville Technical Community College

Fayetteville, NC

In-State Tuition:$2,432
Out-of-State Tuition:$8,576
Admission Rate:N/A
Graduation Rate:16%
Total Enrollment:10,233

DeVry University-Illinois

Naperville, IL

In-State Tuition:$14,392
Out-of-State Tuition:$14,392
Admission Rate:43%
Graduation Rate:43%
Total Enrollment:26,384

University of Southern California

Los Angeles, CA

In-State Tuition:$63,468
Out-of-State Tuition:$63,468
Admission Rate:12%
Graduation Rate:92%
Total Enrollment:48,945

Southern New Hampshire University

Manchester, NH

In-State Tuition:$15,000
Out-of-State Tuition:$15,000
Admission Rate:96%
Graduation Rate:41%
Total Enrollment:164,091
Financial Risk Analyst Job Description:
  • Analyze credit data and financial statements of individuals or firms to determine the degree of risk involved in extending credit or lending money.
  • Prepare reports with credit information for use in decisionmaking.

Required Skills and Competencies To Become a Financial Risk Analyst

Job Duties for Financial Risk Analysts

  • Analyze credit data and financial statements to determine the degree of risk involved in extending credit or lending money.

  • Complete loan applications, including credit analyses and summaries of loan requests, and submit to loan committees for approval.

  • Generate financial ratios, using computer programs, to evaluate customers' financial status.

Technologies and Skills Used by Financial Risk Analysts

Enterprise resource planning ERP software

  • Microsoft Dynamics
  • SAP software

Financial analysis software

  • CGI-AMS Strata
  • Moody's KMV Risk Advisor

Presentation software

  • Microsoft PowerPoint

Basic Skills

  • Figuring out how to use new ideas or things
  • Thinking about the pros and cons of different ways to solve a problem

Problem Solving

  • Noticing a problem and figuring out the best way to solve it

Current Job Market and Opportunites for a Financial Risk Analyst

Additional Resources To Help You Become a Financial Risk Analyst

FAQs About Becoming a Financial Risk Analyst