Will AI replace Financial Risk Specialists?
Estimated risk score: 73 out of 100
High replacement risk
Estimate from published task research, not reviewed by a person · how we estimate
Within about 19 points for 4 in 5 of the jobs we checked (54 to 92).
For the occupation as a whole, from ratings of its 30 O*NET tasks published in 2023 and calibrated to our hand scores. A specialty inside it can sit higher or lower.
O*NET-SOC 13-2054.00 · Business and Financial Operations
Tasks rated in 2023 as ones AI could do or speed up
Tasks a GPT-4-class model could do, or do in half the time or less: 12 of its 30 rated tasks; the first 6 are shown. In O*NET’s words.
- Draw charts and graphs, using computer spreadsheets, to illustrate technical reports.
- Review or draft risk disclosures for offer documents.
- Conduct statistical analyses to quantify risk, using statistical analysis software or econometric models.
- Consult financial literature to ensure use of the latest models or statistical techniques.
- Evaluate and compare the relative quality of various securities in a given industry.
- Gather risk-related data from internal or external resources.
Tasks rated in 2023 as not sped up by AI
Tasks such a model was rated as not speeding up or taking over: 0 of its 30 rated tasks. In O*NET’s words.
None of its rated tasks.
What the job is
Analyze and measure exposure to credit and market risk threatening the assets, earning capacity, or economic state of an organization. May make recommendations to limit risk.
Also called: Risk Specialist, Estate Executor, Market Risk Analyst, Business Risk Manager, Financial Risk Analyst, Loss Control Inspector, Market Risk Specialist, Compliance Risk Manager.
Closest jobs we score by hand
In the same field (Business and Financial Operations). Different jobs, each scored by a person.
Source. This site includes information from the O*NET 30.1 Database by the U.S. Department of Labor, Employment and Training Administration (USDOL/ETA). Used under the CC BY 4.0 license. O*NET® is a trademark of USDOL/ETA. USDOL/ETA has not approved, endorsed, or tested these modifications. (O*NET, CC BY 4.0.) Task ratings: Eloundou, Manning, Mishkin and Rock (2023), “GPTs are GPTs: An Early Look at the Labor Market Impact Potential of Large Language Models”, data used under the MIT licence (licence texts). Our change: we averaged the ratings over this occupation’s tasks and calibrated them to our 0–100 scale. It is not a prediction about any one person and not career advice. Disagree? Write to hello@yourstopwashit.com. How we estimate