Description
Develop simplified descriptions, mainly mathematical descriptions of processes or systems, in order to assist calculations and predictions.
Alternative labels
launch models
developing a model
produce models
developing models
establish models
develop a model
evaluate models
Skill type
skill/competence
Skill reusability level
occupation-specific
Relationships with occupations
Essential skill
Develop models is an essential skill of the following occupations:
Optional skill
Develop models 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.
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.
References
- Develop models – ESCO
