Description
Use data visualisation tools in order to communicate the specific financial risks, their nature and impact for an organisation.
Alternative labels
generate risk maps
develop risk maps
design risk maps
Skill type
skill/competence
Skill reusability level
sector-specific
Relationships with occupations
Essential skill
Create risk maps is an essential skill of the following occupations:
Financial risk analyst: Financial risk analysts correctly identify and review potential risk areas threatening the assets or capital of organisations. They specialise in either credit, market, operational or regulatory risk analysis. They use statistical analysis to evaluate risk, make recommendations to reduce and control risk and review documentation for legal compliance.
Credit risk analyst: Credit risk analysts manage individual credit risk and care for fraud prevention, business deal analysis, legal documents analysis and recommendations on the level of the risk.
Optional skill
Create risk maps is optional for these occupations. This means knowing this skill may be an asset for career advancement if you are in one of these occupations.
Insurance risk consultant: Insurance risk consultants prepare reports for insurance underwriters. For this purpose, they undertake surveys in order to determine the potential financial risk for personal products, properties or sites.
References
- Create risk maps – ESCO