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risk management

🔻 Declining ESCO reuse: cross-sector

The process of identifying, assessing, and prioritising of all types of risks and where they could come from, such as natural causes, legal changes, or uncertainty in any given context, and the methods for dealing with risks effectively.

risk management — the process of identifying, assessing, and prioritising of all types of risks and where they could come from, such as natural causes, legal changes, or uncertainty in any given context, and the methods for dealing with risks effectively. McKinsey's Skill Change Index places it in the declining band (SCI 50.74/100) — a skill likely to fall in demand as AI and automation cover more of its ground by 2030. ESCO classifies it as a cross-sector (useful across many industries) skill within knowledge. It is currently listed by 19 occupations in our catalogue, including Environmental engineers, survival instructor, chemical engineering technician, and chemical plant manager.

Category: knowledge › management and administration SCI: 50.74/100 Also known as: risk governance, risk administration, hazard manamagent, risk assessment

Occupations that require risk management

Showing top 19 of 19 occupations · ranked by India employment volume, then AI-durability.

Environmental engineers · 🤖 4.1/10
survival instructor · 🤖 4.7/10
chemical engineering technician · 🤖 5.0/10
chemical plant manager · 🤖 5.0/10
chemical production manager · 🤖 5.0/10
chief ICT security officer · 🤖 5.0/10
commercial director · 🤖 5.0/10
corporate risk manager · 🤖 5.0/10
corrosion technician · 🤖 5.0/10
cyber incident responder · 🤖 5.0/10
financial risk manager · 🤖 5.0/10
health safety and environmental manager · 🤖 5.0/10
innovation officer · 🤖 5.0/10
military engineer · 🤖 5.0/10
personal property appraiser · 🤖 5.0/10
property appraiser · 🤖 5.0/10
title closer · 🤖 5.0/10
cybersecurity risk manager · 🤖 5.5/10
business analyst · 🤖 5.8/10

Frequently asked questions

What is risk management?

The process of identifying, assessing, and prioritising of all types of risks and where they could come from, such as natural causes, legal changes, or uncertainty in any given context, and the methods for dealing with risks effectively.

What category of skill is risk management?

ESCO classifies risk management under the knowledge category, specifically in the management and administration subcategory.

Is risk management an AI-durable skill?

McKinsey's Skill Change Index places it in the declining band (SCI 50.74/100) — a skill likely to fall in demand as AI and automation cover more of its ground by 2030. Prioritise this skill only when it directly enables paid work today — plan for AI to absorb more of it every year.

Which jobs require risk management?

In our catalogue, 19 occupations list risk management as a required or important skill. The top occupations by employment volume include Environmental engineers, survival instructor, chemical engineering technician, chemical plant manager, chemical production manager, chief ICT security officer.

How transferable is risk management between industries?

ESCO tags risk management as a cross-sector (useful across many industries) skill — a signal of how portable it is when you change field.

Is risk management the same as risk governance?

Yes — risk management is also known as risk governance, risk administration, hazard manamagent, or risk assessment. They refer to the same underlying capability in the ESCO taxonomy.

How can I learn risk management?

The most reliable path is to pick a job or project that demands risk management and learn through delivery. Complement that with role-specific roadmaps and short courses. Explore the occupations below to see where this skill is used in practice.

Data: ESCO v1.2.1 (CC-BY-4.0). Durability framework informed by McKinsey Global Institute (Nov 2025). See our methodology.