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Risk Manager

Risk Analyst

Director of Risk Management

Credit Officer

Financial Quantitative Analyst

A Risk Consultant helps clients to evaluate risk and recommends strategies to mitigate or offset risks that could result in financial losses for a company or organization. May analyze risk in investments, business operations or technology systems at a company. May provide risk management consulting for life insurance, health insurance or other types of insurance companies.

Risk Consultant

Risk Exposure Management

In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value, often focusing on negative, undesirable consequences. Many different definitions have been proposed. The international standard definition of risk for common understanding in different applications is “effect of uncertainty on objectives”.

Risk Modeling

Risk Awareness

Risk Analytics

A key risk indicator (KRI) is a measure used in management to indicate how risky an activity is. Key risk indicators are metrics used by organizations to provide an early signal of increasing risk exposures in various areas of the enterprise. It differs from a key performance indicator (KPI) in that the latter is meant as a measure of how well something is being done while the former is an indicator of the possibility of future adverse impact. KRI give an early warning to identify potential event that may harm continuity of the activity/project.

Key Risk Indicator

In finance, model risk is the risk of loss resulting from using insufficiently accurate models to make decisions, originally and frequently in the context of valuing financial securities. However, model risk is more and more prevalent in activities other than financial securities valuation, such as assigning consumer credit scores, real-time probability prediction of fraudulent credit card transactions, and computing the probability of air flight passenger being a terrorist. Rebonato in 2002 defines model risk as "the risk of occurrence of a significant difference between the mark-to-model value of a complex and/or illiquid instrument, and the price at which the same instrument is revealed to have traded in the market".

Model Risk Management

A stress test, in financial terminology, is an analysis or simulation designed to determine the ability of a given financial instrument or financial institution to deal with an economic crisis. Instead of doing financial projection on a "best estimate" basis, a company or its regulators may do stress testing where they look at how robust a financial instrument is in certain crashes, a form of scenario analysis. They may test the instrument under, for example, the following stresses:What happens if unemployment rate rises to v% in a specific year?
What happens if equity markets crash by more than w% this year?
What happens if GDP falls by x% in a given year?
What happens if interest rates go up by at least y%?
What if half the instruments in the portfolio terminate their contracts in the fifth year?
What happens if oil prices rise by z%?
What happens if there is a polar vortex event in a particular region?

Location	Median Salary
Toronto, ON	$80,128
National	$83,840
Location +/-	-5%Lower
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Location	Median Salary
Toronto, ON	$80,128
National	$83,840
Location +/-	-5%Lower
	Search another salary
	Show me related jobs

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