Risk Analyst Test

Responsible for evaluating the risk in portfolio decisions, forecasting potential losses, and deciding how to curb potential losses and volatility using diversification, currency futures, derivatives, short selling, and other investment decisions. Instrumental in helping clients minimize or eliminate financial risks that could be detrimental to business goals.

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Risk analysts, sometimes referred to as risk managers, help businesses determine the number of financial risks involved concerning investments and operational costs. Many risk analysts work for financial institutions like 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.

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Typical Responsibilities:

• Develops models to maximize profits and minimize losses and other risk exposures
• Use of Data Mining to provide statistical and financial modeling

Key Skills Required:

• Analytical Thinker – Abstract Reasoning, Quantitative Aptitude
• Problem solver- Quantitative Aptitude
• Evaluate clients based on risk models – Excel Modelling, Risk Management
• Statistics- Statistics and Probability
• Communication Skills- Verbal Ability and Verbal Reasoning
• Finance Knowledge- Financial Analysis, Financial Management

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