What does Financial Strategy/Risk Solutions do in an investment bank? Where do they sit - Markets or IBD?

Rank: Monkey | 39

Hi guys,

Just curious - what does a financial strategy desk at an IBD do? Not sure if it's classified under Markets/ IBD.

Examples:
Credit Suisse - Financial Strategy Group https://www.wallstreetoasis.com/forums/credit-suis... Citi - Strategic Risk Solutions - https://www.velvetjobs.com/job-posting/associate-s...
GS' version of the same desk - http://www.risk.net/awards/2443369/risk-solutions-...
Could anyone shed some light? Saw some threads previously but would love to get an update on the business and what it's like!