Market Risk Analyst Job Description

Market Risk Analyst Job Description, Skills, and Salary

Are you searching for a market risk analyst job description? Get to know about the duties, responsibilities, qualifications, and skills requirements of a market risk analyst. Feel free to use our job description template to produce your own. We also provide you with information about the salary you can earn as a market risk analyst.


Who is a Market Risk Analyst?

A Market Risk Analyst is responsible for recognizing and controlling risk related to market fluctuations. They evaluate the financial data, economic trends, and other factors to recognize prospective risks that may negatively impact the worth of a company’s assets or investment.

Market risk analysts work closely with the senior management teams to help formulate strategies for mitigating these risks. They are also responsible for presenting their findings to board members or other stakeholders.

Market risk analyst that works with financial firm help to make predictions and address market risks in diverse dynamic ways that are from changing policies to formulating new products and services. Careers in the areas of the financial industry that you get a four-year college degree with good grades preferably an excellent grade.

One aspect of the work demands that you research and evaluate risks in the current market and also identify risks that may spring up over time. The market risk analyst should pay close attention to the market as a whole and he or she may work with other employees such as staff who formulate financial products and relate directly with customers. They are also responsible for assembling data which is time-consuming and it demands they employ their observational skills and ability to dig deeper.

The market risk analyst must also possess the ability to do a data analysis utilizing mathematical models to explore quantity risk.  Raw data is too difficult to work with directly. Analysis interprets the information into a comprehensive format and can highlight underlying patterns. The market risk analyst might start to find the synergy between different sectors of the market that was apparent before.

Market risk analysts are in a better position to make recommendations because of the analysis they embark on. They rely on the result of their analysis to support their arguments when meeting with executives and other officials that work in a company. The analyst can participate in activities such as formulating new products, changing company policy, and application of the policy to aid the company make decisions on the best financial route to embark on, the market risk analyst can proffer recommendations for a particular business moves and also make suggestions on how to restructure a proposal to lower risk.

A market risk analyst must be someone who possesses extensive knowledge of market legal issues and economic concepts. They must ensure that the company they are working in follow regulatory compliance laws at all time. The law is not static; sometimes, there can be modifications to the law. The analyst must keep abreast with the new changes in the law and counsel the company into compliance if regulations shift. The analyst must also evaluate the proposed regulations and legislations to ascertain the risk they create for the company as this information is vital to help the company decide how it wants to respond to a changing regulatory climate.


Market Risk Analyst Job Description

What is a market risk analyst job description? A market risk analyst job description is simply a list of duties and responsibilities of a market risk analyst in an organization. Below are the market risk analyst job description examples you can use to develop your resume or write a market risk analyst job description for your employee. Employers can also use it to sieve out job seekers when choosing candidates for interviews.

The following are the duties and responsibilities of a market risk analyst:

  • Regulating market trends to identify changes in consumer preferences that may affect the sales of certain products
  • Examining the performance of existing investments to determine whether they still meet the client’s needs
  • Proposing changes to existing portfolios to ensure they are still aligned with the client’s goals and objectives
  • Examining financial statements and other reports to assess the performance of investments
  • Researching to specify potential investment opportunities that meet the client’s risk tolerance
  • Analyzing financial markets to identify potential risks such as interest rate fluctuations  or currency rate changes that could impact investments
  • Generating reports about market conditions for clients based on their risk tolerance level
  • Bringing about recommendations regarding the purchase  or sale of securities based on analysis of market trends
  • Tutoring clients regarding investment strategies, including tax implications of each strategy
  • Supervising and reporting risk metrics to senior management
  • Boosting risk reporting production by the Market Risk Reporting & Analytics team
  • Examining and approving new products, businesses, and trading strategies
  • Analyzing pricing and valuation models suitability within a business context
  • Immersing in global capital markets to foresee emerging risks
  • Assessing financial statistical data quantitatively and qualitatively
  • Performing statistical analysis with data and presenting findings
  • Administering market risk and credit risk management for trading portfolio
  • Aiding policy specialists and risk review teams
  • Performing model variation exercises for Market Risk Measurement
  • Examining risk management systems problems and complying with market risk policies
  • Supervising limits usage, excesses, and risk procedures



  • Must Possess a University degree in Economics, Finance, Mathematics, Statistics, or another Quantitative field
  • Must possess an experience in energy trading, financial or energy risk management
  • Possesses a broad range of personal effectiveness and leadership skills, with the ability to facilitate and influence decisions in a team environment
  • Attention to detail with a strong process enactment focus with a result-oriented approach
  • Powerful analytical skills and knowledge of financial instruments
  • Powerful understanding of decision analysis techniques (commercial acumen), statistical modeling, and comfort  in modeling issues involving risk and uncertainty
  • Powerful understanding of financial analysis and application to energy transacting
  • The longing to work in a faced-paced, diverse and inclusive environment
  • Prior commodities and risk experience with the potential to forge a career in the trading business.


Essential Skills

  1. Financial Knowledge
  2. Data Analysis
  3. Communication Skills
  4. Problem-solving skills
  5. Attention to detail
  • Financial knowledge: A market risk analyst must possess a basic comprehension of financial terminologies such as Equity, Debt,and Cash Flow. They employ this knowledge to interpret data and also make crucial decisions about the company finances. For instance, a market risk analyst may notice a certain change in cash flow and will suddenly realize that the company needs to take more debt to continue operating.
  • Data Analysis: Data analysis is the ability to give interpretations to a larger amount of data and then make conclusions from it. Market risk analysis must employ data analysis to evaluate market trends and also come up with predictions on how the market might change. They also engage their data analysis skills to examine the success of their company’s strategies and make adjustmentswhen necessary.
  • Communication:  Communication is another crucial that market risk analyst utilizes. This is highly crucial because they need to pass across information to members of their organization. For instance, they may present their findings to the management of the company who are not familiar with financial concepts. In this scenario, the market risk analyst employs their communication skills to explain these financial terminologies in a way the management can understand.
  • Problem-solving Skills: Problem-solving skills are essential for market risk analysts because they need to discover solutions to problems that spring up in the financial industry. For instance, if the stock price of a company drops unexpectedly, a market risk might need to discover the cause of the drop and recommend a solution to it.
  • Attention to detail: A market risk analyst’s work involves evaluating large amounts of data, so they need to pay keen attention to detail. Attention to detail can also help identify potential risks and also look for solutions to problems. It can also help them verify the authenticity of data and financial reports.


How to Become a Market Risk Analyst

  • Enroll for a Bachelor’s Degree

Most employers demand that candidates must possess a bachelor’s degree in Finance, Economics, or mathematics. Some employers prefer candidates who possess a master’s degree in finance or economics. They will also enroll for coursework including statistics, calculus, economics, accounting, business, and finance. This degree will expose them to the rudiments of data analysis and it will empower them to make good analyses. in the course of this degree, they can harness salient skills that will enable them to perform their responsibilities. Possessing this degree will also help you to also know how to communicate well once you become a data analyst.

  • Training & Experience

Most market risk analysts will receive job training to learn the diverse processes and procedures of this new responsibility. The training will expose them to how to handle current market risk analysts or learn from other members of the finance or risk management team. The training usually lasts for the duration of a few months and they may also receive instruction on specific software and computer programs. You will also study how real-world finance is from mathematical models and also how psychological and human behavior influence these deviations.

  • Certifications & Licenses

There are several certifications that risk analysts can acquire to boost their competency and enhance their qualifications. These certifications give room for risk analyst to demonstrate their expertise in risk management, programming, and more.  Although certification is not mandatory they can acquire certification from The American Academy of Financial Management offers a Chartered Certified Risk Analyst Certification. To receive this certification, you must have completed your bachelor’s degree from an accredited university and also have some years of experience. You must have training from agency approved institution and pass their certification exam.

  • Draft Your Resume

The next crucial step is for you to draft your resume and start applying for jobs. You should also highlight the skills, qualifications, and experience in your resume. You should also highlight how you successfully carried out a project that has to do with data analysis. Once you have drafted your skills, the next step is to apply for open job positions available both online and offline in your locality.

  • Keeping Abreast with the Trend In Risk Analysis

To keep abreast with the trend, you should focus on growing your business to rely on data and you should also boost your coworkers to analyze and interpret data. Risk analysis must be very much familiar with new regulations and also how to adhere to them. They should also be able to identify risks and also look for solutions to keep their clients safe.


Where to Work as a Market Risk Analyst

Risk Analysts can work in financial industries such as banks, investment firms, and insurance companies. They also work in offices for full-time or regular business hours. They can also travel to different locations to meet clients or attend conferences. Market risk analysts use computer models to analyze financial data and also evaluate risks associated with various investments. They must also be able to comprehend and explain difficult financial concepts to non-financial managers and also executives. Market risk analysts must also be able to work under intense pressure and also meet up with deadlines. To meet up with deadlines, they must be able to employ their time management skills into use. They must also be able to collaborate with others and work independently as part of a team.


Market Risk Analyst Salary Scale

The salary of a market risk analyst varies across countries and below are some countries:

  • In the United States, The average market risk analyst salary in the USA is $89,175 per year or $45.73 per hour. Entry-level positions start at $77,500 per year while most experienced workers make up to $132,210 per year. The average market risk analyst salary in North Carolina is $80,000 per year or $41.03 per hour. Entry-level positions start careers at $80,000 per year while most experienced workers make up to $80,000 per year. The average market risk analyst salary in New York is $128,700 per year or $66 per hour. Entry-level positions start at $76,288 per year while most professional workers make up to $155,900 per year.
  • The average market risk analyst salary in the United Kingdom is £52,498 per year or £26.92 per hour. Entry-level positions start careers at £42,500 per year while most professional workers make up to £84,725 per year.
  • In Canada, The average market risk analyst salary in Canada is $87,750 per year or $45 per hour. Entry-level positions start their career at $58,130 per year, while most professional workers make up to $153,368 per year.
  • In India, The average market risk analyst salary in India is ₹ 1,050,000 per year or ₹ 538 per hour. Entry-level positions start their career at ₹ 575,000 per year, while most professional workers make up to ₹ 1,500,000 per year.
  • In Australia, The average risk analyst salary in Australia is $113,410 per year or $58.16 per hour. Entry-level positions start their career at $99,431 per year, while most professional workers make up to $134,000 per year.

Consulting and Strategy

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