credit risk

Congrats, you've made it into finance...in the middle office. What is the middle office? Definitions vary, but think risk management, certain accounting roles, corporate treasury--broadly speaking, you interact with the business divisions on external ...

42 comments - 17 silver bananas - Feb 4 2017 - 1:47pm - Pellinoor

INTERVIEW/AMA TUESDAYS: The following is an interview from earlier this year with Credit Risk Associate Pirho (he is also available to answer your questions) See Part 1 Here Are you a professional and want to do an interview? View our interview template h ...

29 comments - 2 silver bananas - Nov 12 2013 - 7:45pm - Pirho

Recently been considering risk as a long term career. Does anyone have any info regarding Hours/Comp/Bonus/LR exit opps at the grad level and how they evolve over time. All info welcomed. credit risk ...

25 comments - 0 silver bananas - Jan 22 2018 - 7:00pm - androidparagon

I recently accepted an offer to join an IB Credit Risk team at JPMorgan. I wanted to know if anyone is currently in this program. Any idea about how are ANALYST BONUSES compared to being in other teams in the IBD (such as M&A, Leveraged Finance, etc)? ...

84 comments - 1 silver bananas - Oct 24 2009 - 4:52pm - mrvau

--delete-- credit risk ...

27 comments - 0 silver bananas - May 20 2014 - 5:27pm - KnivesOut

I will be having the superday for the Credit Risk FT analyst position at a BB soon, and I would love to hear more advice on what I should expect for the final round. Would there be a lot of technical/accounting questions? I never took accounting cuz I wen ...

22 comments - 0 silver bananas - Nov 10 2013 - 10:09pm - hihihohohaha2

First off, don't tell me it can't be done because I interned as a credit risk analyst at a BB over the summer and there were plenty of people who had moved from our department to IBD. One actually did the move while I was interning. I learned ab ...

15 comments - 0 silver bananas - Jul 31 2017 - 9:04pm - poprockpop1

Hi, I am a rising sophomore at a umich ross with 3.6 gpa. I recently had an internship at a ibank in HK and felt as if this was not the job for me. The hours seemed long, and the work was so tedious- fixing typos, formats and etc. There was no real tangib ...

15 comments - 0 silver bananas - May 4 2012 - 11:14pm - delta598

As the title suggests, I got three internship offers and I am split between the first two. I am worried about career prospects in S&T but work in credit seems to be a little less exciting. I am hoping to either break into research in a bank or break i ...

12 comments - 0 silver bananas - Feb 19 2015 - 1:19am - Zerox

Option 1:- BB underwriting (credit risk) team, focusing on leveraged finance transactions- Approve transactions or recommend alternative structuring to improve risk ratings- $115k base, 20% bonus Option 2:- MM credit portfolio management team (also credit ...

11 comments - 0 silver bananas - Feb 10 2015 - 5:52pm - nsjkd

I have two offers: one from JPM 's risk team and another one from Citi 's Capital Markets origination. I am having a tough time choosing. I interened with JPM and I like the culture and I see there is much mobility. However, Citi is offering me ...

14 comments - 0 silver bananas - Aug 27 2010 - 5:25pm - [email protected]

This is my junior year and I'm trying to decide whether or not getting some sort of IB experience will make or break me for FT recruiting. I have an offer for Credit Risk Management at a large bank (think MS/ GS / Citi / CS /ETC) for the summer. We b ...

12 comments - 0 silver bananas - Feb 2 2013 - 8:02am - nycmoetguy

I saw a couple positions popping up as Country Risk Analyst in Credit Risk at BB banks. I apologise if this is not the right forum- I noticed a few past discussions for Credit Risk had been here, and it wasn't really obvious to me where else it ought ...

9 comments - 1 silver bananas - Apr 27 2014 - 12:01pm - Antipodean

Was wondering what the major differences between a Credit Risk Management and Credit Analyst was??? Seems like CRM is more MO while CA is more FO, but was curious about the "typical" career path of a CRM analyst? Could it open doors for trading ...

9 comments - 0 silver bananas - Jul 19 2011 - 8:12pm - bean

I recently received full time analyst offers from both credit risk and DCM at a BB (think GS /MS). I am not sure which is the best option for me if my long run goals are to go into industry coverage IBD or manage a corporation. Credit risk will give me so ...

8 comments - 0 silver bananas - Aug 27 2012 - 10:04pm - ibid

So, my question is regarding equity research. My background is a mathematics one, from a semi target in the UK. I have managed to get into credit risk at one of the top BB banks (think JP, GS, MS) and am wondering what the best thing is to do to break in ...

8 comments - 0 silver bananas - Jul 31 2012 - 8:44pm - qfin

Any insights on whether Corporate or Sovereign Credit Risk for a BB is more reputable or has a better career trajectory? Which would look better when applying to business school? Which has better exit opportunities (either front office roles or outside th ...

7 comments - 0 silver bananas - Nov 9 2012 - 10:27am - ibid

Hi all, Hope you guys are doing well. I go to a target in the UK and recently landed on a second round interview for a SA position in a BB risk team in London. Since this is in the midst of exam periods in the UK and they're not recruiting many, I� ...

6 comments - 0 silver bananas - May 21 2015 - 7:36am - skylarking

Hi everyone, first of all I want to appreciate again the existence of this forum that I have already benefited a lot. Being a new credit portfolio analyst for less than three months conducting research and analysis on the US industrial sectors using tools ...

6 comments - 0 silver bananas - Nov 7 2012 - 4:58pm - violinlover

I am a sophomore at Baruch College majoring in Applied Math. And I am interested in a career and a summer analyst internship next year in credit risk at a BB IB. I heard that Baruch is recruited heavily for middle or back office. Front office not so much. ...

5 comments - 0 silver bananas - Jul 6 2016 - 8:21pm - Risker111

Could somebody advise on some recent news that would affect a bank's risk division, and why this would happen? risk IB Investment Banking news finance credit risk ...

4 comments - 1 silver bananas - Jul 30 2018 - 5:52pm - chimmny12

Hello monkeys, I am a junior at a semitarget and received 2 interviews later this week for investment banking credit risk SA programs at top BBs. I did a cold resume drop online for these positions and really don't know anything about them other than ...

5 comments - 0 silver bananas - Dec 16 2013 - 2:37pm - jackson1

Does anyone know what the difference is between the IB credit risk analyst and the commercial banking credit risk analyst. The work they do sounds like the same such as assess the creditworthiness of counterparties. Can anybody help? Thx! credit risk ...

4 comments - 0 silver bananas - Nov 11 2016 - 12:16pm - wxyi

I have the choice of applying for a Goldman Sachs operations analyst position or Goldman Sachs credit risk specialist? My goal is to work in equity research or end up in a hedge fund. Which position will help me achieve my goal? hedge fund operations cred ...

5 comments - 0 silver bananas - Sep 10 2009 - 10:46pm - AgreeWitMe

I'm currently in a Corporate Treasury Risk function at a BB firm, trying to move into Credit or Market risk but it's been difficult to do externally. Most recruiters don't give me a chance since I don't have precise Credit or Market wo ...

3 comments - 1 silver bananas - Jan 20 2019 - 9:22pm - Lolla2691

Does anyone have insight on WTF the "Officer" designation is at Credit Suisse? This would be for a middle-office risk role. My best guess is: Exempt Non-Officer (ENO) = Analyst Officer = Associate Senior Officer = Senior Associate Can anyone cor ...

4 comments - 0 silver bananas - Jan 14 2015 - 5:04pm - nsjkd

Hi, Could anyone help me get an understanding of what a role in risk reporting involves? I'm believed to understand it is in the finance devision of a bank? Also, how does the reputation and work compare to that of other risk departments such as cred ...

4 comments - 0 silver bananas - Apr 16 2014 - 10:06am - [email protected]

So currently I am approaching my sophomore summer and I have an internship with a BB in Credit Risk, which I know is generally considered an MO role. However, I want to go into IBD rather than Credit Risk. My question is, would a sophomore doing credit ri ...

4 comments - 0 silver bananas - Apr 23 2013 - 9:30am - JumpMan23

I'm curious about the various ways that people quantify credit risk. So far, I can really only think of two methods for measuring credit risk: 1) Credit Ratings / Credit Scores 2) Estimating the likelihood that someone will default on a loan over a s ...

4 comments - 0 silver bananas - Mar 13 2012 - 10:11pm - econ

Hi Everyone, I am looking at two options for an undergraduate summer internship: Capital Markets Origination at Citi and Credit Risk at Morgan Stanley. I know they are totally different roles so my decision should largely be based on my person preference ...

4 comments - 0 silver bananas - Mar 3 2012 - 12:34pm - Max8344

My dad works in credit risk at WF and through networking i will most likely be getting an interview for IB at WF and want to work in the financial sponsors group. my dad works closely with people in FSG and a few people have brought up the possibility for ...

4 comments - 0 silver bananas - Dec 5 2011 - 11:53pm - r.i.p.wachovia

How do you assess the credit risk/worthiness of a counterparty that does not have financial statements? credit risk ...

3 comments - 0 silver bananas - Dec 11 2013 - 3:23pm - kennedy.ni

I have a Barclay's Capital Credit Risk summer analyst interview coming up this Friday in NYC and wanted to know if people know some of the technical questions they might ask? I had an interview with Wells I-B so I know the questions that are asked fo ...

3 comments - 0 silver bananas - Jan 23 2012 - 12:17am - r.i.p.wachovia

Hi, I have been so far a s/w engg with 8 yr coding exp but in different domains, I now wish to develop expertise in Financial Risk domain,and have completed FRM part-1, but I am not sure which type of risk analysis I should develop expertise in- Credit Ri ...

2 comments - 0 silver bananas - Jun 18 2016 - 6:15am - gauravfrm

If you had to pick either Credit, Market, or Operational Risk in one of the big 5 Canadian banks what would it be and why? Also I am interested in info about differences in exit opportunities, compensation details, what groups in risk management see high ...

2 comments - 0 silver bananas - Feb 19 2016 - 2:19am - Dilan1255

Hi, I have a credit risk analyst role coming up at BB (GS / JPM) in few days and wondering what are some of the things I should brush up for the interview? I believe I will work closely with people on the trading floor. Thanks trading analyst credit risk ...

2 comments - 0 silver bananas - Apr 9 2012 - 4:41pm - aerolim

Dear All, I am attempting to measure general business sentiment using financial markets as a general indicator of them. Does anybody know what financial markets would give me the most insight into "market sentiment" or people's general expe ...

2 comments - 0 silver bananas - Mar 10 2011 - 2:55pm - TheManFromDownUnder

Hi There, I just accepted an offer as a credit risk analyst with JP Morgan on their CIB team this week and I got a call this morning that I need to book a plane to New York this weekend to start a month long training program with their investment banking ...

1 comment - 1 silver bananas - Aug 26 2019 - 4:47pm - EstimatedProfit

Hello Everyone, I have been a long time reader of this forum and appreciate all of the both humorous and general advice for navigating careers within the higher finance industry. I wanted to to describe my current role within a firm and see if anyone can ...

1 comment - 1 silver bananas - Aug 25 2019 - 12:29pm - Straafe

Sorry if this thread may be in the wrong section. Anybody know if this move is possible/common at all? Have desired to start in commercial banking as an entry level credit risk analyst but did not know if I should also consider starting out at a financial ...

1 comment - 1 silver bananas - Jul 29 2019 - 1:03pm - simplyatease7

Hey guys, I have an algorithm that automatically calculates the credit ratings of all publicly traded companies, across all markets. The system currently rates over 10,000 US companies with continuous quarterly updates. The change in credit rating overtim ...

1 comment - 1 silver bananas - Mar 7 2019 - 5:35pm - laskinsteven

A long shot but maybe someone here might know somethign about Frankfurt? My company is moving some jobs from UK to Frankfurt via brexit. Mid level VP in Risk with 11y of experience. Live and worked in NYC. I'm curious owhat i should expect for salary ...

1 comment - 1 silver bananas - Oct 15 2018 - 11:24am - commoditiesplayer

Was wondering if anyone knows anything about Exelon's Associate Analyst [Credit Risk] position, I'm familiar with Counterparty Risk, Mark-to-Market calculations, basic forward contracts and stuff like that, but any details on the company/culture ...

- 0 silver bananas - Mar 30 2016 - 4:20pm - dr_mantistoboggan_MD

Any monkeys have experience transitioning over to a buy-side credit fund as a credit risk analyst at an investment bank? If so, what hurdles did you have to overcome and what did you highlight on your resume and during the interview? credit risk Leveraged ...

1 comment - 0 silver bananas - Nov 29 2015 - 10:45pm - hiit

Does anyone have info about the leveraged finance group within credit risk at a BB firm(GS / UBS / JPM). Is it deal based and does the c/r group work with the IBD group on deals, i.e the c/r lev finance team would focus on structuring debt and rating advi ...

- 0 silver bananas - Jul 20 2015 - 9:14pm - Xjs000

credit risk analysis credit risk Leveraged Finance ...

1 comment - 0 silver bananas - Jul 20 2015 - 9:10pm - Xjs000

So I'm currently a rising junior at a target and am doing an MC internship at a large firm (think Deloitte, Accenture, PwC). My project involves assisting the Credit Risk group of a well-known BB (think JPM, BAML, Citi). However, I want to go into IB ...

- 0 silver bananas - Jun 5 2015 - 6:15pm - PurpleCats78

Hello everyone, I recently got called for an interview at KPMG for a credit risk associate. The focus of this associate will be most likely CMBS. I was wondering if anybody has experience in interviewing for the position and if anybody out there has worke ...

1 comment - 0 silver bananas - Nov 11 2014 - 7:26pm - IlikeMetal

Can anyone give me a quick rundown on how analysts quantify and assess a companies risk? I have a GS 1st round interview coming up and I want to be prepared for it. This is the basics of what I know: Some common metrics are operating cash flow, coverage r ...

- 0 silver bananas - Apr 19 2016 - 4:26pm - Reohh

Hi! I am new to the forum, so I apologize if this is not the place for such kind of thread. I got a job at a company that does analytics, more specifically, it does credit scoring for consumers around the world(similar to FICO scores) and works with big f ...

1 comment - 0 silver bananas - Apr 15 2014 - 12:30pm - margpmf

Hi Guys, read online that M/Stanley is cutting "CREDIT CORRELATION RISK" Can you pls explain what this is? credit risk ...

- 0 silver bananas - Aug 15 2013 - 12:36pm - Manny-G

Hi all, I have an upcoming interview at one of the big 3 CRA's. Can someone with Credit research/risk interview experience give me some highlights to focus on? Fit questions aside please; I just want an idea of the kind of technicals I may need to re ...

1 comment - 0 silver bananas - Apr 8 2013 - 1:55pm - nsjkd

Hi all, A little background--I've been in a credit role at a french bank for the past ~1.5 years and am exploring an opportunity at an aircraft lessor company doing risk/due diligence. Wondering if bschools would consider this a traditional "fin ...

- 0 silver bananas - Sep 13 2011 - 1:45am - ggnowad