Trade guide
Banking risk analyst
Banking risk analysts are at the heart of the financial security of banks. Responsible for identifying, assessing and preventing credit, market, liquidity and operational risks, they ensure a balance between performance and prudence. This guide tells you everything you need to know about this strategic job, including the tasks involved, skills, training and career prospects in a banking sector that is constantly changing.
The business
What is a Banking Risk Analyst?
Its role
Thebanking risk analyst applies the risk control policy defined by the financial institution. You identify, assess and monitor the four main types of risk: credit, market, liquidity and operational. Your core mission is to prevent financial losses through rigorous analysis and appropriate strategic recommendations.
Its field of action
As a banking risk analyst, you work at the heart of financial institutions, in close collaboration with sales teams, senior management and supervisory bodies. Your expertise feeds into strategic decisions and directly influences your institution’s credit policy.
You will also work with banking regulators and play an active role in the preparation of regulatory reporting. This makes you a key link between compliance requirements and your bank’s business objectives, guaranteeing a balance between performance and financial security.
The functions
What does a Banking Risk Analyst do?
Your day-to-day work as a banking risk analyst is punctuated by in-depth analysis and strategic decision-making.
You analyse credit applications and assess borrowers’ creditworthiness
You model financial risks using sophisticated IT tools
You monitor credit portfolios and detect warning signs
You draw up detailed reports on the establishment’s exposure to risks
You participate in the development of risk management policies
You ensure compliance with current banking regulations
You propose corrective measures if risk thresholds are exceeded
You train sales teams in risk control procedures
Qualifications
Qualities and skills needed to be a good Banking Risk Analyst
Computer skills and quantitative analysis
Your expertise in financial modelling software and databases is fundamental. You handle large volumes of financial data on a daily basis to produce accurate and reliable analyses.
In-depth knowledge of banking regulations
Your understanding of Basel III, IFRS and European directives guides your recommendations. This regulatory expertise enables you to anticipate changes in the sector and adapt your analysis methods.
Analytical rigour and good communication skills
Your ability to synthesise complex information into clear recommendations is essential. You are able to convince your contacts and defend your analyses in front of sales and general management.
The benefits
What are the advantages of working as a Banking Risk Analyst?
Your job puts you at the heart of financial stability. Your expertise protects banking institutions and their customers from economic crises. The banking sector, which is undergoing constant regulatory change, offers a stimulating environment where technological innovation, particularly artificial intelligence, is transforming the methods used to analyse financial risks.
Your specialisation in risk management opens up remarkable career prospects. The skills you acquire will lead you to positions as risk manager, risk director or risk management consultant. This expertise, which is rare on the market, means you’ll earn a high salary and enjoy increasing autonomy in your strategic assignments.
Remuneration
Banking risk analyst: salary and career development
The job ofbanking risk analyst offers attractive and progressive remuneration. At the start of your career, you can expect to earn €27,500 gross per annum. After a few years’ experience, this salary rises to €42,500 gross per annum, rising to €75,000 gross per annum for experienced senior profiles.
In addition, there are often significant benefits: performance bonuses linked to results, luncheon vouchers, company health insurance and sometimes profit sharing. Your career prospects will take you to positions such as risk manager, risk director or risk management consultant in specialist firms.
Up to
75 000€
Salary per year
Training courses
How do I get to be a Banking Risk Analyst?
Our training courses
To become a banking risk analyst, it is essential to follow specialised training at a recognised business or finance school. At INSEEC, we can help you achieve this goal by offering you tailored programmes that combine technical knowledge of finance, banking regulations and practical experience to prepare you effectively for this strategic profession.
For example, you can opt for :
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