Financial risk analysts identify and analyse the areas of potential risk threatening the assets, earning capacity or success of organisations in the industrial, commercial or public sector. They are sometimes called risk managers, risk technicians or risk surveyors. They have the responsibility of forecasting cost to the organisation and predicting change and future trends.
An alternative but similar role to financial risk analyst is that of the credit analyst in which the credit worthiness of a business is calculated and a probability of payment determined. Risk analysis is considered by many to be advanced credit analysis.
A financial risk analyst's role is to formalise the process of risk management within an organisation. This involves business decision-making and enabling the process of risk taking.