Main Responsibilities of a Risk Consultant at CFGI LLC
Bobbie's main responsibilities as a Risk Consultant involve assisting clients in designing and evaluating "controls," or business processes mitigating various risks, including financial, reputational, and regulatory risks. This requires a blend of client interviews, document analysis ("digging through paperwork...spreadsheets, their financial statements"), and continuous learning to ensure companies maintain safe practices.
Risk Management, Financial Analysis, Process Evaluation, Client Communication, Regulatory Compliance
Advizer Information
Name
Job Title
Company
Undergrad
Grad Programs
Majors
Industries
Job Functions
Traits
Bobbie Hutchinson
Risk Consultant
CFGI, LLC
UCLA 2018
N/A
Economics
Consulting & Related Professional Services, Finance (Banking, Fintech, Investing)
Consulting
Took Out Loans, Worked 20+ Hours in School
Video Highlights
1. Assists clients in designing and evaluating controls (steps in business processes that mitigate various risks such as financial, reputational, and regulatory risks).
2. Conducts interviews with clients to understand their business and evaluates their processes to ensure risk mitigation.
3. Analyzes client documentation (spreadsheets, financial statements) to interpret data and provide consultations. Requires a balance of collaboration, learning, and technical aptitude.
Transcript
What are some of your main responsibilities within your current role?
Without getting too specific, it's mostly to assist our clients in designing and evaluating what we call controls. These are essentially steps in business processes that mitigate a variety of existing risks.
These risks could be financial, reputational, fraud, or regulatory. It really boils down to making sure companies have the right processes in place to keep themselves, their customers, and the general capital market safe.
Within that context, I do a lot of interviewing clients to understand their business. I then evaluate their processes to see if they cover the risks we are concerned with.
There's also a lot of digging through their paperwork, spreadsheets, and financial statements. It's a balance of discussion, collaborative work, and constant learning, as you need to understand a topic before consulting on it.
There's also some detailed diving into actual documentation and learning how to interpret it, hopefully being somewhat technically apt. That's the general gist without getting too far into it.