Risk Analyst Responsibilities and Duties

Perform risk analysis, management and prevention activities for company systems.

Assess potential risks in business systems and develop appropriate mitigation plans.

Monitor business systems and identify and report violations of risk limits.

Analyze audit findings and assist in implementing audit recommendations.

Identify areas of concerns and suggest actions items.

Review business contracts, terms and scope to identify any risks.

Propose new techniques and technologies for risk analysis and management.

Review and recommend improvements to existing risk modeling techniques.

Assist in internal audits when required.

Respond to client queries and concerns professionally.

Work with management in identifying and developing best practices according to industry standards.

Suggest enhancements to company process and policies to avoid operational risks.