Chartered Enterprise Risk Analyst (CERA)
Chartered Enterprise Risk Analyst (CERA) refers to the ability to apply enterprise risk management principles to identify, evaluate, monitor, and report risks that may affect organizational objectives. It is used in work settings to support...
Skills Hierarchy and Tags
Related Skills
Browse the most common related skills to this skill, based on the last 5 months of job postings data.
How does Lightcast define a skill?
Economic Capital refers to the amount of capital that a financial institution needs to hold to cover its risks and ensure solvency under adverse conditions. This skill involves the assessment and quantification of risks, enabling organizations to allocate resources effectively and maintain financial stability. Knowledge of Economic Capital is used to inform strategic decision-making, optimize capital structure, and enhance risk management practices within the organization.
Financial Stress Testing refers to the process of evaluating the resilience of financial institutions or portfolios under adverse economic conditions. This skill involves the application of quantitative models to simulate various stress scenarios, assessing potential impacts on capital, liquidity, and overall financial stability. Financial Stress Testing is used to identify vulnerabilities, inform risk management strategies, and ensure compliance with regulatory requirements by providing insights into the potential effects of economic shocks.
Model Risk Management refers to the process of identifying, assessing, and mitigating risks associated with the use of mathematical models in decision-making. This skill encompasses the evaluation of model performance, validation, and governance to ensure that models are reliable and effective in predicting outcomes. Knowledge of Model Risk Management is used to enhance the accuracy of financial forecasts, improve regulatory compliance, and support strategic planning by systematically addressing potential model-related failures.
Risk Aggregation involves the process of combining individual risks from various sources into a single, comprehensive view. It utilizes quantitative methods and statistical techniques to assess the overall risk exposure of an organization or portfolio. Risk Aggregation enables decision-makers to understand the cumulative impact of risks and prioritize mitigation strategies accordingly.
Risk modeling is the process of using statistical analysis and other techniques to quantify the likelihood and potential impact of various risks. This specialized skill involves expertise in data analysis, probability theory, and risk assessment, and is often used by organizations to guide decision-making and improve risk management. Risk models can be applied in a variety of contexts, including finance, insurance, healthcare, and supply chain management.
Lightcast Skills Taxonomy
Looking for a specific skill? Search our library. Explore 35,000+ skills that we've collected from hundreds of millions of job postings, resumes, and online profiles.
The Lightcast Skills Taxonomy delivers clarity by allowing everyone to speak the same language. Use our APIs to articulate your skills needs, and leave the details to us: our dedicated team of taxonomists and engineers cleans, checks, and updates each entry so that you always have the most accurate and up-to-date picture of the labor market.
Are you a nonprofit pursuing a public good? Lightcast Skills APIs are freely available to you because we believe in using data for good and creating a labor market that works for everyone. Through the shared language of skills, we can enable a world where every worker and every job can find their best fits as efficiently and easily as possible.
Browse Skill Categories
Lightcast Skills Resources
The Lightcast Skills Taxonomy
Stop Predicting the Future. Start Preparing for It.
How Many Jobs Does a Data Center Create? Construction vs. Permanent Jobs
Skills Hierarchy and Tags
Related Skills
Browse the most common related skills to this skill, based on the last 5 months of job postings data.
How does Lightcast define a skill?Economic Capital refers to the amount of capital that a financial institution needs to hold to cover its risks and ensure solvency under adverse conditions. This skill involves the assessment and quantification of risks, enabling organizations to allocate resources effectively and maintain financial stability. Knowledge of Economic Capital is used to inform strategic decision-making, optimize capital structure, and enhance risk management practices within the organization.
Financial Stress Testing refers to the process of evaluating the resilience of financial institutions or portfolios under adverse economic conditions. This skill involves the application of quantitative models to simulate various stress scenarios, assessing potential impacts on capital, liquidity, and overall financial stability. Financial Stress Testing is used to identify vulnerabilities, inform risk management strategies, and ensure compliance with regulatory requirements by providing insights into the potential effects of economic shocks.
Model Risk Management refers to the process of identifying, assessing, and mitigating risks associated with the use of mathematical models in decision-making. This skill encompasses the evaluation of model performance, validation, and governance to ensure that models are reliable and effective in predicting outcomes. Knowledge of Model Risk Management is used to enhance the accuracy of financial forecasts, improve regulatory compliance, and support strategic planning by systematically addressing potential model-related failures.
Risk Aggregation involves the process of combining individual risks from various sources into a single, comprehensive view. It utilizes quantitative methods and statistical techniques to assess the overall risk exposure of an organization or portfolio. Risk Aggregation enables decision-makers to understand the cumulative impact of risks and prioritize mitigation strategies accordingly.
Risk modeling is the process of using statistical analysis and other techniques to quantify the likelihood and potential impact of various risks. This specialized skill involves expertise in data analysis, probability theory, and risk assessment, and is often used by organizations to guide decision-making and improve risk management. Risk models can be applied in a variety of contexts, including finance, insurance, healthcare, and supply chain management.
Lightcast Skills Taxonomy
Looking for a specific skill? Search our library. Explore 35,000+ skills that we've collected from hundreds of millions of job postings, resumes, and online profiles.
The Lightcast Skills Taxonomy delivers clarity by allowing everyone to speak the same language. Use our APIs to articulate your skills needs, and leave the details to us: our dedicated team of taxonomists and engineers cleans, checks, and updates each entry so that you always have the most accurate and up-to-date picture of the labor market.
Are you a nonprofit pursuing a public good? Lightcast Skills APIs are freely available to you because we believe in using data for good and creating a labor market that works for everyone. Through the shared language of skills, we can enable a world where every worker and every job can find their best fits as efficiently and easily as possible.
Browse Skill Categories
Lightcast Skills Resources
The Lightcast Skills Taxonomy
Stop Predicting the Future. Start Preparing for It.
How Many Jobs Does a Data Center Create? Construction vs. Permanent Jobs
Get API Access
This skill is part of the Lightcast Skills Taxonomy, a library of over 35,000 job related skills. It is the standard used by higher education institutions, public sector organizations and Fortune 500 companies around the globe.