Risk Assessment Officer Overview

Required Education and Training To Become a Risk Assessment Officer

Best Schools to become a Risk Assessment Officer in U.S. 2024

Kennesaw State University

Kennesaw, GA

In-State Tuition:$4,450
Out-of-State Tuition:$15,704
Admission Rate:68%
Graduation Rate:46%
Total Enrollment:43,190

Ocean Corporation

Houston, TX

In-State Tuition:$N/A
Out-of-State Tuition:$N/A
Admission Rate:N/A
Graduation Rate:83%
Total Enrollment:176

Ivy Tech Community College

Indianapolis, IN

In-State Tuition:$4,487
Out-of-State Tuition:$8,777
Admission Rate:N/A
Graduation Rate:31%
Total Enrollment:89,705

University of Colorado Colorado Springs

Colorado Springs, CO

In-State Tuition:$10,990
Out-of-State Tuition:$20,906
Admission Rate:85%
Graduation Rate:43%
Total Enrollment:11,431

Benjamin Franklin Cummings Institute of Technology

Boston, MA

In-State Tuition:$16,950
Out-of-State Tuition:$16,950
Admission Rate:N/A
Graduation Rate:44%
Total Enrollment:513

Excelsior University

Albany, NY

In-State Tuition:$N/A
Out-of-State Tuition:$N/A
Admission Rate:N/A
Graduation Rate:N/A
Total Enrollment:15,833
Risk Assessment Officer 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 Risk Assessment Officer

Job Duties for Risk Assessment Officers

  • 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 Risk Assessment Officers

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 Risk Assessment Officer

Additional Resources To Help You Become a Risk Assessment Officer

FAQs About Becoming a Risk Assessment Officer