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Financial Risk Specialist

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AVG. SALARY

$81,890

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EDUCATION

Bachelor's degree

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JOB OUTLOOK

Stable

Real-Life Activities

Real-Life Decision Making -- Solution

You risk the expansion.

You carefully analyze the risks involved and decide there's a decent solution for every risk on your list. Investing in an earthquake-proof building can minimize earthquake damage. Fires can be prevented with safety inspections and strict guidelines.

Currency exchange headaches can be avoided by paying foreign expenses in the local currency. You can avoid civil shakiness by building working relationships with local governments and consulting political analysts back home. You can crack down on child labor by closely monitoring employees. You deem the risks to be worthwhile, and recommend taking the plunge into Southeast Asia.

Your company expands and thrives there. Things run smoothly enough that the media pay no heed, thanks to the risk management programs you've set up to keep an eye on all potential problems. The Asian plants turn a huge profit for the company, putting it well ahead of competition. Its good name remains protected and operations continue to go well on both continents.

"You're getting a chance to help people get things done safely," says risk manager Ruth Unks. "If they want to implement a program and someone's told them they can't do it because it's too risky, I get the chance to say you know what, we can do this if we first manage it, if we sit down and work through it together. That gives us all a real sense of accomplishment."


Contact

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    From outside the U.S., please call +1 (424) 750-3900

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OCAP believes that financial literacy and understanding the financial aid process are critical aspects of college planning and student success. OCAP staff who work with students, parents, educators and community partners in the areas of personal finance education, state and federal financial aid, and student loan management do not provide financial, investment, legal, and/or tax advice. This website and all information provided is for general educational purposes only, and is not intended to be construed as financial, investment, legal, and/or tax advice.