Financial Risk Manager Overview

Required Education and Training To Become a Financial Risk Manager

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

CUNY Bernard M Baruch College

New York, NY

In-State Tuition:$6,930
Out-of-State Tuition:$14,880
Admission Rate:50%
Graduation Rate:74%
Total Enrollment:19,854

Ohio State University-Main Campus

Columbus, OH

In-State Tuition:$11,525
Out-of-State Tuition:$35,782
Admission Rate:53%
Graduation Rate:88%
Total Enrollment:60,540

Florida International University

Miami, FL

In-State Tuition:$4,721
Out-of-State Tuition:$16,529
Admission Rate:64%
Graduation Rate:69%
Total Enrollment:55,609

Florida State University

Tallahassee, FL

In-State Tuition:$4,640
Out-of-State Tuition:$19,084
Admission Rate:25%
Graduation Rate:85%
Total Enrollment:44,161

University of Pennsylvania

Philadelphia, PA

In-State Tuition:$56,212
Out-of-State Tuition:$56,212
Admission Rate:7%
Graduation Rate:96%
Total Enrollment:28,201

The University of Alabama

Tuscaloosa, AL

In-State Tuition:$11,100
Out-of-State Tuition:$31,460
Admission Rate:80%
Graduation Rate:73%
Total Enrollment:38,644
Financial Risk Manager Job Description:
  • Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization.
  • May make recommendations to limit risk.

Required Skills and Competencies To Become a Financial Risk Manager

Job Duties for Financial Risk Managers

  • Analyze areas of potential risk to the assets, earning capacity, or success of organizations.

  • Analyze new legislation to determine impact on risk exposure.

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

Technologies Used by Financial Risk Managers

Analytical or scientific software

  • IBM SPSS Statistics
  • The MathWorks MATLAB

Financial analysis software

  • Oracle E-Business Suite Financials
  • Wolfram Research Mathematica UnRisk Pricing Engine

Word processing software

  • Google Docs
  • Microsoft Word

Current Job Market and Opportunites for a Financial Risk Manager

Top Related Careers to Financial Risk Manager 2024

Additional Resources To Help You Become a Financial Risk Manager

FAQs About Becoming a Financial Risk Manager