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Occupation information for

Risk Management Specialists
District Of Columbia

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Analyze and manage risk management issues by identifying, measuring, and making decisions on operational or enterprise risks for an organization.

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Currently Employed: 3,470

Projected Annual Job Openings: 40

Typical Hourly Wage: $33.36 - $49.90

Typical Annual Salary: $69,400 - $103,800

See Job Listings (2)
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typical training

Typical education needed for entry: Bachelor's degree

Typical work experience needed for a job in this occupation: None

Typical on-the-job training once you have a job in this occupation: Moderate-term on-the-job training

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typical job duties

  • Document, and ensure communication of, key risks.
  • Maintain input or data quality of risk management systems.
  • Recommend ways to control or reduce risk.
  • Identify key risks and mitigating factors of potential investments, such as asset types and values, legal and ownership structures, professional reputations, customer bases, or industry segments.
  • Gather risk-related data from internal or external resources.
  • Devise systems and processes to monitor validity of risk modeling outputs.
  • Identify and analyze areas of potential risk to the assets, earning capacity, or success of organizations.
  • Develop or implement risk-assessment models or methodologies.
  • Produce reports or presentations that outline findings, explain risk positions, or recommend changes.
  • Plan, and contribute to development of, risk management systems.

tools & technology

  • Desktop computers
  • Notebook computers
  • Personal computers
  • Scanners
  • Special purpose telephones

  • Analytical or scientific software
  • Data base user interface and query software
  • Development environment software
  • Information retrieval or search software
  • Object or component oriented development software

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