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Risk management specialist vs at-risk specialist

The differences between risk management specialists and at-risk specialists can be seen in a few details. Each job has different responsibilities and duties. It typically takes 4-6 years to become both a risk management specialist and an at-risk specialist. Additionally, a risk management specialist has an average salary of $69,819, which is higher than the $58,801 average annual salary of an at-risk specialist.

The top three skills for a risk management specialist include risk assessments, powerpoint and patient safety. The most important skills for an at-risk specialist are risk management, customer service, and operational risk.

Risk management specialist vs at-risk specialist overview

Risk Management SpecialistAt-Risk Specialist
Yearly salary$69,819$58,801
Hourly rate$33.57$28.27
Growth rate17%9%
Number of jobs101,14914,583
Job satisfaction--
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 60%
Average age4343
Years of experience66

What does a risk management specialist do?

A risk management specialist is in charge of performing extensive research and analysis to determine the financial risks that a company may face. Through their expertise, a risk management analyst develops strategies to thwart these risks or lessen its impact and prevent significant financial losses. They may also devise programs and projects, providing support to employees as needed. Furthermore, they must recommend solutions in adherence to the company's policies and regulations, including its vision and mission.

What does an at-risk specialist do?

An at-risk specialist is responsible for identifying risk events that may pose harm to the business reputation and financial stability of an organization. At-risk specialists strategize on plans and techniques to minimize financial loss and excessive costings, developing methods and opportunities that would increase the company's revenues and profits. They resolve insurance discrepancies and manage financial disputes that may have litigation impact on the business. An at-risk specialist reviews financial documents and incident reports, file claims, and process requirements for any fraudulent activities.

Risk management specialist vs at-risk specialist salary

Risk management specialists and at-risk specialists have different pay scales, as shown below.

Risk Management SpecialistAt-Risk Specialist
Average salary$69,819$58,801
Salary rangeBetween $40,000 And $119,000Between $33,000 And $103,000
Highest paying CityHoboken, NJWashington, DC
Highest paying stateNew JerseyRhode Island
Best paying companyPayPalPayPal
Best paying industryProfessionalFinance

Differences between risk management specialist and at-risk specialist education

There are a few differences between a risk management specialist and an at-risk specialist in terms of educational background:

Risk Management SpecialistAt-Risk Specialist
Most common degreeBachelor's Degree, 64%Bachelor's Degree, 60%
Most common majorBusinessBusiness
Most common collegeStanford UniversityUniversity of Pennsylvania

Risk management specialist vs at-risk specialist demographics

Here are the differences between risk management specialists' and at-risk specialists' demographics:

Risk Management SpecialistAt-Risk Specialist
Average age4343
Gender ratioMale, 43.6% Female, 56.4%Male, 43.2% Female, 56.8%
Race ratioBlack or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%Black or African American, 8.6% Unknown, 3.9% Hispanic or Latino, 9.6% Asian, 10.0% White, 67.6% American Indian and Alaska Native, 0.3%
LGBT Percentage4%4%

Differences between risk management specialist and at-risk specialist duties and responsibilities

Risk management specialist example responsibilities.

  • Lead SOX project planning and implementation, successfully implement the corporate governance policies and internal control framework.
  • Handle HIPAA compliant requests for medical records.
  • Provide SAS programming assistance to non-technical members of the team.
  • Programme with SAS to monitor hedging program and recommend hedging strategy.
  • Generate scripts from SQL server 2005 and port databases to SQL server 2008 R2.
  • Upgrade reports and packages as well as applications to SQL server 2008 R2 from 2005.
  • Show more

At-risk specialist example responsibilities.

  • Manage treasury workstation steering team for automation of core treasury operations for increase reliability of financial reporting and decision making.
  • Focuse on identifying undervalue debt securities, through detail company valuations.
  • Research and addressed any fraudulent activity including identity theft or OFAC violations.
  • Examine commercial real estate, corporate credit, structure securities and other insurance company portfolios.
  • Communicate with third party administrators and insurance carriers to include claims investigation, litigation management and settlement negotiations reducing claim exposure.
  • Identify suspicious debit card activity through customer profiling and account analysis.
  • Show more

Risk management specialist vs at-risk specialist skills

Common risk management specialist skills
  • Risk Assessments, 9%
  • PowerPoint, 8%
  • Patient Safety, 7%
  • Enterprise Risk Management, 5%
  • Cash Management, 4%
  • Treasury, 4%
Common at-risk specialist skills
  • Risk Management, 26%
  • Customer Service, 11%
  • Operational Risk, 6%
  • Risk Assessments, 5%
  • SQL, 5%
  • SAS, 4%

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