Credit Risk Management vs Operational Risk Management

I received interview offers for both a credit risk associate and operational risk associate position and wanted to get more information as far as similarities/differences between the two in terms of job responsibilities, exit opps, and salary growth.

Any thoughts would be appreciated!

 

Credit risk is much more applicable and transferrable to other areas if you choose to do something else. Ops risk is very process oriented and not terribly interesting or exciting.

Do be wary of specifically what the credit risk job will entail. Credit risk can be a large umbrellla that BB banks like to use for a number of things.

 

Thanks for all the input. I am definitely more interested in the credit risk position, but was just wondering if I had to fall back on the Op risk position:

a) Is this still better than Operations? b) Would this be a dead-end track or would I still have other exit opps?

 

Laboriosam harum dolor blanditiis ut autem illo. Error tempore quis aut. Quidem ducimus ipsa ut eaque dolores. Assumenda ab saepe sunt doloribus dignissimos ut. Ut quibusdam nam dolores eos cum ad assumenda. Similique repellendus autem quaerat autem.

Dolore rerum officia aut corporis. Facilis voluptatem rerum cupiditate quis cum. Maxime impedit excepturi in quia quo ut.

Accusantium vel minima sed ut. Dignissimos nisi consequatur eaque voluptas.

"You stop being an asshole when it sucks to be you." -IlliniProgrammer "Your grammar made me wish I'd been aborted." -happypantsmcgee

Career Advancement Opportunities

April 2024 Investment Banking

  • Jefferies & Company 02 99.4%
  • Goldman Sachs 19 98.8%
  • Harris Williams & Co. New 98.3%
  • Lazard Freres 02 97.7%
  • JPMorgan Chase 03 97.1%

Overall Employee Satisfaction

April 2024 Investment Banking

  • Harris Williams & Co. 18 99.4%
  • JPMorgan Chase 10 98.8%
  • Lazard Freres 05 98.3%
  • Morgan Stanley 07 97.7%
  • William Blair 03 97.1%

Professional Growth Opportunities

April 2024 Investment Banking

  • Lazard Freres 01 99.4%
  • Jefferies & Company 02 98.8%
  • Goldman Sachs 17 98.3%
  • Moelis & Company 07 97.7%
  • JPMorgan Chase 05 97.1%

Total Avg Compensation

April 2024 Investment Banking

  • Director/MD (5) $648
  • Vice President (19) $385
  • Associates (87) $260
  • 3rd+ Year Analyst (14) $181
  • Intern/Summer Associate (33) $170
  • 2nd Year Analyst (66) $168
  • 1st Year Analyst (205) $159
  • Intern/Summer Analyst (146) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”