Risk Management Analyst

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The main value to an enterprise of a Risk Management Analyst is the Analyst’s ability to provide actionable information and transparency on information security risk that will enable the enterprise to make informed, risk-based decisions. The Analyst accomplishes this by identifying and securing an enterprise’s information assets through contributing to the design, implementation, and maintenance of risk assessment and variance programs. The Analyst will determine risk, gather the appropriate subject matter experts to consult on possible solutions, manage each exception until it is remedied, and provide the information necessary to make informed business decisions.

A Risk Management Analyst acts as a subject matter expert for the organization’s information asset protection policies and procedures and for information technology best practices. This individual develops and improves key performance indicators (KPIs) and metrics for risk management personnel.

Researching and evaluating internal and external emerging trends, threats, and technologies are an important part of the Analyst’s duties. The Risk Management Analyst also must support researching emerging technology, requisite security requirements, and emerging threats so he can develop a plan to meet organizational goals. The Analyst is also the primary author for cyber security risk reports that discuss network architecture deficiencies and the cybersecurity risk posture of the enterprise’s systems.

General Educational Requirements

While a Bachelor’s Degree is the minimum required by some employers for this position, many require or prefer a Master’s Degree. Many employers require a minimum of 3 years of IT security experience while some require from 5 to 8 years of experience in areas such as cyber threat, vulnerabilities, and mitigation strategy. Industry certification is expected for this position, and some employers may require a U.S. government security clearance. 

Additional Qualifications

Because of the nature of this job, it is important for a Risk Management Analyst to be able to participate in cross-functional teams. The Analyst also must have strong organizational skills and a demonstrated ability to stay current with evolving technology such as cloud computing and mobile devices. A Risk Management Analyst needs to have effective written and verbal communication skills and must be able to tailor communications to any given audience, whether technical or non-technical.

 

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