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Risk Analyst

Risk Analysts look at what could go wrong for a business - from money problems to safety issues - and make plans to stop or lessen those problems. They use maths and data to spot dangers early and help the business stay safe and strong.

Risk Analyst

35

Finance & Accounting

AI IMPACT
AI EXPOSURE TODAY35
20-YEAR SCENARIO
NOT A FORECAST60%
THE DOOR · ENTRY DIFFICULTY TODAYB
STARTING PAY£25,000 - £31,000
RELATIONAL MOATPeople want a real person for this. That preference is the protection.

THE DOOR: ENTRY DIFFICULTY TODAY, graded A (easy) to E (extremely hard). A Careermash rule-of-thumb index built from our AI exposure index and the job's moat class. It is not a forecast and not a count of job openings.

AI EXPOSURE TODAY is a Careermash index from 0 to 100 of how exposed this job's everyday tasks are to AI today. We estimate it by matching published research on how people use AI to this job, usually by keyword or subject area, and we lower it where the work is protected (for example by physical, personal or legal requirements). It is not a direct measurement of how much people in this job use AI.

This job holds up well against AI
AI exposure today is modest on our index (35), and people want a real person for this. That preference is the protection. That is about as safe as careers get right now, though it is still worth learning to use the tools well.

The role

As a Risk Analyst, you are a business problem-spotter. You study what could damage the company - a supplier failing, a cyber attack, a legal problem, or a mistake in their systems. You collect data, look at past problems, and think about what might happen in the future. Then you tell the leaders what to watch out for.

You write reports and present your findings to other teams so everyone knows the risks and has a plan. You also check that safety rules and insurance are in place. If a problem does happen, you help work out how bad it is and what to do next. It is a mix of maths, common sense, and working with people across the whole company.

Daily responsibilities

  • Conduct comprehensive risk assessments to identify vulnerabilities in processes and systems.
  • Analyze historical data and market trends to forecast potential risks and their impacts.
  • Develop and implement risk management strategies and policies tailored to organizational needs.
  • Collaborate with various departments to ensure risk considerations are integrated into business planning.
  • Prepare detailed reports and presentations on risk findings for stakeholders and senior management.
  • Monitor and review risk management frameworks to ensure compliance with regulatory standards.
  • Stay updated on industry trends, regulatory changes, and emerging risks that could affect the organization.

Does a degree help here?

A UK degree, particularly in finance, economics, or mathematics, equips candidates with a robust understanding of the local market dynamics and regulatory frameworks. This academic background is highly regarded by employers, providing a competitive edge in a field where analytical skills and local knowledge are paramount.