What does a market risk analyst do?
A market risk analyst is responsible for conducting data and statistical analysis to help the business professionals in choosing the best investment and services to take from the assessment. Market risk analysts must have excellent communication and analytical skills to provide profit estimation and design strategies to minimize potential losses. They also identify business opportunities by evaluating the market demand that would generate more revenue resources for the business to increase revenues and close business deals with the clients.
Market risk analyst responsibilities
Here are examples of responsibilities from real market risk analyst resumes:
- Used VBA to automate manual procedures to eliminate inefficient processes and save several man-hours per week.
- Provide market recommendations & manage dealer inventories base on industry data, dealer sales history, & ROI.
- Build SQL server as market risk data warehouse.
- Report liquidity profile to management, treasury and trading desks.
- Write SQL queries to review breakdown of CDS margin components at an account level.
- Code executable applications to upload reference information from third party providers such as Bloomberg and Markit.
- Recommend ways to reduce and control risk involving the trading of individual securities in associate s investment accounts.
- Employ the use of monitoring models in measuring market risk on treasury portfolios, while adhering to regulatory guidelines.
- Create a deal entry and database system using VBA and save company over $10,000 CDN per year in software costs.
- Result in a significant reduction in processing mistakes and the ability to increase the volume of swaps that can be trade.
- Perform analysis and documentation for HTS classifications.
- Include accounts receivable responsibilities for specific commodities.
- Maintain and improve energy derivative pricing methodologies and documentation.
- Perform extensive research on commodities markets to support trading managers
- Develop and enhance off-market tolerance checking procedures for over the counter option securities
Market risk analyst skills and personality traits
We calculated that 11% of Market Risk Analysts are proficient in Risk Management, Derivative, and VAR. They’re also known for soft skills such as Detail oriented, Analytical skills, and Communication skills.
We break down the percentage of Market Risk Analysts that have these skills listed on their resume here:
- Risk Management, 11%
Maintain data reporting accuracy covering Foreign Exchange and Equity Markets positions held by Risk Management for a global financial institution.
- Derivative, 8%
Acquired understanding of market risk assessments on Credit Derivative products.
- VAR, 7%
Monitored VaR limits and provided explanation of significant VaR movement to front office and senior management.
- Credit Risk, 6%
Developed calibration models to produce historical scenarios to monitor and measure market / credit risk.
- VBA, 6%
Leveraged Excel VBA skills in generating pricing tools that successfully helped marketers identify profitable opportunities.
- Portfolio, 5%
Interacted daily with traders in resolving portfolio management problems mainly concerning interest rate risk exposures and portfolio hedging.
Most market risk analysts use their skills in "risk management," "derivative," and "var" to do their jobs. You can find more detail on essential market risk analyst responsibilities here:
Detail oriented. One of the key soft skills for a market risk analyst to have is detail oriented. You can see how this relates to what market risk analysts do because "market research analysts must pay attention to minutiae to evaluate data." Additionally, a market risk analyst resume shows how market risk analysts use detail oriented: "conduct research on collateral underlying bonds and perform detailed cash flow analysis to identify pay downs to portfolio bond classes. "
Analytical skills. Another essential skill to perform market risk analyst duties is analytical skills. Market risk analysts responsibilities require that "market research analysts must evaluate large amounts of data and information related to market conditions." Market risk analysts also use analytical skills in their role according to a real resume snippet: "created a deal entry and database system using vba and saved company over $10,000 cdn per year in software costs. "
Communication skills. Another skill that relates to the job responsibilities of market risk analysts is communication skills. This skill is critical to many everyday market risk analyst duties, as "market research analysts must be able to clearly convey information when gathering material, interpreting data, and presenting results to clients." This example from a resume shows how this skill is used: "demonstrate excellent customer service / communications by responding in a timely and appropriate manner to all internal and external customers. "
The three companies that hire the most market risk analysts are:
- Citi15 market risk analysts jobs
- JPMorgan Chase & Co.9 market risk analysts jobs
- Morgan Stanley5 market risk analysts jobs
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Market risk analyst vs. Investment associate
An investment associate's primary role is to review a company's financial data, recommend investment strategies, oversee the distribution of stocks, and calculate possible risks for business mergers. They also serve as a mediator during agreements between companies during takeovers, monitors stock inventory, sell stocks, and details all financial transactions. In the course of these responsibilities, an investment associate provides administrative support and timely response to client requests as needed, acting as an additional point of communication for clients.
There are some key differences in the responsibilities of each position. For example, market risk analyst responsibilities require skills like "risk management," "var," "credit risk," and "vba." Meanwhile a typical investment associate has skills in areas such as "customer service," "client service," "due diligence," and "client relationships." This difference in skills reveals the differences in what each career does.
Investment associates tend to make the most money working in the technology industry, where they earn an average salary of $117,651. In contrast, market risk analysts make the biggest average salary, $108,621, in the utilities industry.investment associates tend to reach lower levels of education than market risk analysts. In fact, investment associates are 19.5% less likely to graduate with a Master's Degree and 0.5% more likely to have a Doctoral Degree.Market risk analyst vs. Marketing internship
Marketing interns are usually marketing students or fresh graduates who are interested in getting actual work experiences before taking on a full-time job. They usually have an interest or academic background related to marketing. They assist marketing teams in most of their daily activities, sit in their meetings, record minutes of these meetings, take note of action plans, and attend other events related to marketing. They also assist in preparing collateral and other marketing materials, join brainstorming sessions, or any other activity that will help enrich their experience.
In addition to the difference in salary, there are some other key differences worth noting. For example, market risk analyst responsibilities are more likely to require skills like "risk management," "derivative," "var," and "credit risk." Meanwhile, a marketing internship has duties that require skills in areas such as "digital marketing," "facebook," "marketing campaigns," and "press releases." These differences highlight just how different the day-to-day in each role looks.
Marketing interns may earn a lower salary than market risk analysts, but marketing interns earn the most pay in the technology industry with an average salary of $33,333. On the other hand, market risk analysts receive higher pay in the utilities industry, where they earn an average salary of $108,621.Average education levels between the two professions vary. Marketing interns tend to reach lower levels of education than market risk analysts. In fact, they're 27.8% less likely to graduate with a Master's Degree and 0.5% less likely to earn a Doctoral Degree.Market risk analyst vs. Analyst sales
Analyst sales, or a sales analyst, is an individual who is responsible for increasing sales and revenue of a company by running competitive analysis and making recommendations on how the marketing and sales team should move forward. Sales analysts must assist in the review of monthly financial statements and prepare complex financial statements for retail and service businesses. They develop and provide market intelligence data solutions for the sales team to maximize territory sales efforts. Sales analysts must also maintain a business relationship with key account top management to deliver outstanding customer service and assistance.
The required skills of the two careers differ considerably. For example, market risk analysts are more likely to have skills like "risk management," "var," "credit risk," and "vba." But a analyst sales is more likely to have skills like "salesforce," "customer service," "crm," and "sales data."
Analyst sales make a very good living in the finance industry with an average annual salary of $80,458. On the other hand, market risk analysts are paid the highest salary in the utilities industry, with average annual pay of $108,621.analyst sales typically earn lower educational levels compared to market risk analysts. Specifically, they're 23.0% less likely to graduate with a Master's Degree, and 0.4% less likely to earn a Doctoral Degree.Market risk analyst vs. Data analyst internship
A data analyst internship involves a trainee who wants to gain working experience in the field of information technology (IT) by assisting data analyst professionals. Data analyst interns should examine information using data analysis tools so that they can help their employers make important decisions by identifying various facts and trends. They write reports and present them to the management to provide new insights about new trends and areas for improvement. Data analyst interns can find work in areas such as banks, specialist software development companies, and consultancies.
Types of market risk analyst
Updated January 8, 2025











