Credit Risk Management - Management consulting vs top tier banks

lafayette14's picture
Rank: Chimp | 9

I have 1.5 years of experience at Deloitte as a Credit Risk Modelling Analyst and finance background. I have received two offers for a Credit Risk Modelling role, one from Oliver Wyman and the other from RBS. My ambition is to develop advanced risk management expertise in banking and become a Credit Risk professional, at this early stage of my career I do not mind working long hours if I enjoy my daily work.

Which opportunity do you think is the best to get a fast exposure to Credit Risk Modelling and Risk Management? What are, in your opinion, the exit opportunities after 3-5 years of experience of these 2 opportunities? Is there any difference?

Comments (4)

Apr 4, 2018

Hi lafayette14, check out these resources:

  • Market Risk Vs Credit Risk Management the market risk factors. Credit risk involves going through the financials of the clients and ... analyzing them with debt ratios etc to determine credit quality..correct me if I am wrong IB Risk <p ... ">Corporate Banking vs. IB</a></li></ul> ...
  • Credit Risk/Risk Management Careers credit products and risk management. After learning how to model DCFs, I have found IB a bit less ... interesting. I was wondering if anyone in risk management or credit risk assessment teams at a BB could tell me ... ; ...
  • Credit Risk Management vs Operational Risk Management I received interview offers for both a credit risk associate and operational risk associate ...
  • Risk Management vs Front Office I have accepted a Risk Management job at a large (too big to fail) bank in NY, i-banking division. ... Thank you. Risk Management in Investment Banking Risk management is considered a middle office position, ... so the question is middle office vs front office. Additionally, this post is referencing credit
  • CIB Credit Risk J.P. Morgan search. Bonus Pay for Credit Risk vs. Banking Base/relocation same, bonus is at a slight discount ($5000 ... So the threads about CIB (Credit & Market) Risk are very dismal and are basically arguing ... technicals? Or is it basic things like "when did you take a risk?"- Major Differences between Credit ...
  • Difference: Credit Risk Management vs Credit Analyst Was wondering what the major differences between a Credit Risk Management and Credit Analyst ... (hrs/pay/culture/exit opps would be appreciated as well if anyone has info) credit risk ...
  • Is Baruch College recruited for credit risk/ risk management from BB IB? BB IB recruit from Baruch for credit risk/ risk management? Baruch College Baruch credit risk credit ... risk risk management IB Citi BB bb ib investment bank Goldman Sachs Morgan Stanley UBS jp morgan chase ... a summer analyst internship next year in credit risk at a BB IB.
  • More suggestions...

If we're lucky, the following users may have something to say: @swe_viking @VanillaGorilla @prasadgrk

If those topics were completely useless, don't blame me, blame my programmers...

Apr 7, 2018

Hi WSO Monkey Bot, thank you very much for your reply.

    • 1
Apr 7, 2018

Advancement will be faster going the Oliver Wyman route.

Apr 9, 2018

The truth is you're the weak. And I'm the tyranny of evil men. But I'm tryin', Ringo. I'm tryin' real hard to be the shepherd.