Can anyone talk about the two?
I had one-year working experience in market risk on the banking side. I recently got my interests in investment risk at pension funds. Unfortunately, due to lack of experience in pension funds, I am never sure of the differences. I noticed that market risk (trading book) in banks and investment risk in pension funds share common job description (JD) keywords:
- portfolio risk reporting, compliance&limit monitoring;
- risk methodologies, analytics, research and modelling;
- liquidity, factor, counterparty, derivative and credit risks;
- proficiency in SQL, Python, MATLAB, VBA, SAS, C++ or equivalent;
I know that there are reporting&monitoring roles vs research&modelling&analytics roles, but
- what are differences between market making risks and portfolio management risks?
- risk management approaches noticeably different due to different asset class exposures, investment horizons?
- what are the exit opportunities as investment risk manager? e.g. market risk managers in banks possibly/maybe exit to traders.
- what are the pitfalls, if any, to avoid in the field of investment risk management in pension funds?
Hope to hear your opinions. Thanks.
Eos repellat et officiis voluptates. Dolorem quo dolores consequatur perferendis dolores repellat est. Excepturi numquam ea enim. Quam neque quo voluptate repellat. Debitis quia molestiae eligendi et quia.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...