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financial-risk-manager/references/tasks.md
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# Tasks & work activities — financial risk manager
Source: O*NET 30.3, occupation 13-2054.00 (Financial Risk Specialists).
## Task statements
- **[nan]** Analyze areas of potential risk to the assets, earning capacity, or success of organizations.
- **[nan]** Analyze new legislation to determine impact on risk exposure.
- **[nan]** Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.
- **[nan]** Confer with traders to identify and communicate risks associated with specific trading strategies or positions.
- **[nan]** Consult financial literature to ensure use of the latest models or statistical techniques.
- **[nan]** Contribute to development of risk management systems.
- **[nan]** Determine potential environmental impacts of new products or processes on long-term growth and profitability.
- **[nan]** Develop contingency plans to deal with emergencies.
- **[nan]** Develop or implement risk-assessment models or methodologies.
- **[nan]** Devise scenario analyses reflecting possible severe market events.
- **[nan]** Devise systems or processes to monitor validity of risk assessments.
- **[nan]** Document, and ensure communication of, key risks.
- **[nan]** Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
- **[nan]** Evaluate and compare the relative quality of various securities in a given industry.
- **[nan]** Evaluate the risks and benefits involved in implementing green building technologies.
- **[nan]** Evaluate the risks related to green investments, such as renewable energy company stocks.
- **[nan]** Gather risk-related data from internal or external resources.
- **[nan]** Identify key risks and mitigating factors of potential investments, such as asset types and values, legal and ownership structures, professional reputations, customer bases, or industry segments.
- **[nan]** Inform financial decisions by analyzing financial information to forecast business, industry, or economic conditions.
- **[nan]** Interpret data on price, yield, stability, future investment-risk trends, economic influences, and other factors affecting investment programs.
- **[nan]** Maintain input or data quality of risk management systems.
- **[nan]** Meet with clients to answer queries on subjects such as risk exposure, market scenarios, or values-at-risk calculations.
- **[nan]** Monitor developments in the fields of industrial technology, business, finance, and economic theory.
- **[nan]** Prepare plans of action for investment, using financial analyses.
- **[nan]** Produce reports or presentations that outline findings, explain risk positions, or recommend changes.
- **[nan]** Provide statistical modeling advice to other departments.
- **[nan]** Recommend investments and investment timing to companies, investment firm staff, or the public.
- **[nan]** Recommend ways to control or reduce risk.
- **[nan]** Review or draft risk disclosures for offer documents.
- **[nan]** Track, measure, or report on aspects of market risk for traded issues.
## Detailed work activities
- Advise others on analytical techniques.
- Advise others on business or operational matters.
- Analyze business or financial data.
- Analyze industry trends.
- Analyze risks related to investments in green technology.
- Apply mathematical models of financial or business conditions.
- Assess risks to business operations.
- Confer with others about financial matters.
- Create images of data, locations, or products.
- Determine the value of goods or services.
- Develop business or financial information systems.
- Develop contingency plans to deal with organizational emergencies.
- Develop financial analysis methods.
- Develop financial or business plans.
- Educate clients on financial planning topics.
- Evaluate applicable laws and regulations to determine impact on organizational activities.
- Gather organizational performance information.
- Maintain data in information systems or databases.
- Monitor business indicators.
- Prepare financial documents, reports, or budgets.
- Prepare regulatory or compliance documentation.
- Present business-related information to audiences.
- Recommend investments to clients.
- Update professional knowledge.