risk management

I have seen a few posts on the Commodities Trading forum asking about how petroleum trading is priced, hedged, etc. I was reasonably high up in Risk Management for a "major" trading company in Houston for a few years and am now running a hedge b ...

72 comments - 38 silver bananas - Jun 3 2018 - 8:00pm - Dr. Shakalu

I have accepted a Risk Management job at a large (too big to fail) bank in NY, i-banking division. 1. What is the job like in terms of hours/pay/experience/exit opportunities? 2. How difficult is it to move into a hotter division, say, i-banking or LevFin ...

162 comments - 1 silver bananas - Mar 16 2018 - 7:49pm - RiskyLVRG

Hello all, I am a less of a contributor on this site but think it makes sense to post my experience in the field of Market Risk and everything around it from a career point of view if it ends up helping few members. Happy to take questions, ask away... I ...

57 comments - 11 silver bananas - Mar 6 2017 - 12:48pm - anky

I'm looking into risk management, specifically with a BB. I've searched through some threads but It looks like not a lot of people here went down that road. I'm talking about credit risk not market risk. Any insight? hours/lifestyle/pay/exi ...

88 comments - 0 silver bananas - Feb 1 2017 - 1:34pm - OMS

" There she is, that beautiful blonde from Wharton ", you say to your colleague as she comes in. She looks amazing and smells great despite being the only female in the trading pit. Yet she has a character of class, trades gracefully, and a stro ...

38 comments - 3 silver bananas - Sep 29 2012 - 12:45am - GMngmt

I am starting to read Trading in The Zone by Mark Douglas. I read it last summer during my SA stint and was not trading. Was just curious if anyone else had read it or is interested. The book is about the factors that influence traders and differentiate g ...

54 comments - 0 silver bananas - Jul 13 2009 - 5:14pm - trade4size

I'll be working in risk management at a BB and I'm curious what type of exit ops are available after two years? This is a credit risk position, so it's IBD-focused (not a market risk position, which deals more with S&T). I've heard ...

24 comments - 2 silver bananas - Aug 18 2016 - 1:18pm - whats-the-damage

What is best for ALM? risk management Beard hair American Psycho Bateman ALM QRM ...

16 comments - 0 silver bananas - Mar 26 2013 - 8:04pm - John Daggett

Whenever I watch or read interviews with successful traders they always stress the importance of risk management. How exactly do professional traders calculate risk (formulas etc.)? Are they simply looking at VAR or are there more advanced risk management ...

6 comments - 2 silver bananas - Jan 30 2019 - 6:53pm - ebitdagod

prestige Morgan Stanley risk management analyst jobs ...

10 comments - 0 silver bananas - Feb 23 2018 - 1:25pm - pawpcorn21

Here's the deal- I completed undergrad in 2008. Top-25 school, 3.5, varsity athlete, ran a successful business in college. Last December I passed CFA Level I. Right now I work in a dead end job. It's financial reporting, nobody has ambition or h ...

15 comments - 0 silver bananas - Jun 11 2010 - 10:39pm - AndyPettitteIsGreat

An HR lady at one of the top investment banks (think GS, DB,MS) approached me with this opening today. ROLE RESPONSIBILITIES: * Calculate the daily sweepings of the risks and book the transfer trades * Setup and run risk scenario analysis for X-Gamma expo ...

13 comments - 0 silver bananas - Oct 18 2012 - 3:33pm - Oxy-Gen

Hi, I am a current student studying Math and Econ. After I graduate from my current school, I will be studying Operations Research two more years. I have been pursuing the actuarial field, but I also want to break into the finance industry at the same tim ...

10 comments - 0 silver bananas - Dec 3 2015 - 12:13pm - rorror45

Is the P/E ratio the next head to roll off today's market guillotine? What are the new market metrics which will mark the next generation of financial analysis? As usual the critiques are more abundant then proposed solutions. Ben Levisohn wrote: The ...

10 comments - 0 silver bananas - Sep 22 2010 - 1:14pm - Midas Mulligan Magoo

Hey primates, Just found out I have a 30min phone interview this Thursday for an entry-level risk management position in London with Glencore. Anyone been through this experience before and care to share some advice? I'm guessing because it's a ...

11 comments - 1 silver bananas - Oct 4 2011 - 5:47pm - BankerCat

Hi all. I did my bachelor's degree in Mathematics in Greece and now I am doing my master's in Financial Mathematics, at the London School of Economics (LSE). The application period has almost ended and I am worried a lot about my future. I have ...

5 comments - 1 silver bananas - Oct 21 2018 - 11:12pm - Chrisbougias

Row call! Who here is in Calgary (and more broadly Canada)? I work in business development for a midstream / marketing company. Been at it for just over 3 years now. It's been a great experience with lots of exposure and responsibility (crude oil and ...

10 comments - 0 silver bananas - May 25 2011 - 4:39pm - globalmacro

Long term goal is to be in HF, perhaps portfolio mgmt. or PE Short term goal is to be in IBD. Currently a junior going for a summer intern position. Recruiting season is coming to a close for me. I am at target Ivy (harvard/Wharton, one of those two) What ...

10 comments - 0 silver bananas - Mar 3 2011 - 6:38pm - drnoeyedea

Does anyone have any info on BoA's QMAP program? What they ask in the interview, comp, exit opps etc? Quantitative risk management ...

10 comments - 0 silver bananas - Sep 14 2010 - 5:57pm - qweretyq

recently listened to what i thought was an interesting discussion between Nassim Taleb and Russ Roberts (turns out i cannot post links as i am new to this site, but if you go to econtalk and search "Taleb on skin in the game" you should be able ...

7 comments - 0 silver bananas - Jan 5 2016 - 10:49pm - valuenation

Nassim Nicholas Taleb's [NNT] latest book, Antifragility discusses how institutions can survive through chaos and diversity. In a lengthy interview with Reason's Nick Gillespie he indirectly promotes capitalism and simplifies his message by sayi ...

7 comments - 2 silver bananas - Mar 31 2013 - 6:46pm - GMngmt

So I networked my way into a prestigious Asset Management firm, I am a math major at a non-target that was planning on trying to break into S&T, but now trying to get an internship is Risk/Quant Analysis at this firm. My GPA is 3.2 and SAT is 680-V/76 ...

8 comments - 0 silver bananas - Jul 13 2011 - 10:04am - dbm112

I am an engineer am starting my second year of MBA this spring. I have been concentrating in Energy Risk Mgmt to transition from engineering and break into S&T in Houston. My dilemma- I can tailor my program to concentrate solely in ERM by taking elec ...

8 comments - 0 silver bananas - Jan 17 2011 - 9:45am - jaVrick

Hey guys, I've been following WSO for a while now, and I think it's an excellent resource for those of us trying to make it in the banking industry. I was hoping to get some feedback regarding my options. I haven't found any discussion rega ...

8 comments - 0 silver bananas - Apr 9 2009 - 5:32am - logimech

Hey everybody, I have a dilemma between two internships set up for the spring. I have no relevant work experience in finance and I am a graduating senior. Which internship will help me boost my resume? A Research internship for a small M&A advisory fi ...

7 comments - 0 silver bananas - Jan 12 2012 - 1:57am - fearless

Hey all, wanted to ask opinions on an offer I received 2 weeks ago. I go to a semi target state school, and received an offer from a top BB (GS, MS, JPM) in credit risk management, where I have the option to work on product management with a specializatio ...

7 comments - 0 silver bananas - Dec 23 2011 - 4:03pm - MF7791

So, interviewers will commonly ask what role are you searching for. This is easy when the job is awesome and you want the challenge/money/prestige and your goals line up with the job description and career path, but gets harder with support roles that mos ...

7 comments - 0 silver bananas - Jul 19 2011 - 4:59pm - MCalamari

I'm offered to become a CFO of a tiny P/C insurance company and wondering whether I'm sure about philosophy of this business. Company market themselves as a professional service provider, wiki says it's a financial service, and I think it&# ...

4 comments - 1 silver bananas - Aug 11 2018 - 8:01pm - Anopportunist

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

I'm having a really tough time deciding between continuing with my unpaid search fund internship or pursuing a paid fixed-income risk management internship in LA. The partner I'm working for at my search fund told me I need to think about the lo ...

4 comments - 1 silver bananas - Mar 16 2018 - 3:07pm - personguy1

Does anyone know how hard is it to get a FT credit risk management offer from a BB coming from a non-target undergrad school? Thanks in advance. risk management ...

6 comments - 0 silver bananas - Jun 18 2010 - 9:27am - speeddemon

I want to know a bit about risk management, so if anyone can help me out, that would be great:' Breaking in: How difficult is it, esp for non-targets? From my search, I've read anywhere from not too bad to as hard as IB. Btw, I'm not talkin ...

5 comments - 0 silver bananas - Apr 24 2016 - 2:46am - nontargetbanker

Interviewing at two funds right now, one is Bridgewater for a Client Services Associate position, the other fund York Capital is for a Risk Management role. Which would be the better move for trying to land into the investment strategy/ trading side of th ...

5 comments - 0 silver bananas - Apr 12 2012 - 6:51pm - vikramsj85

Hi, Im a math major, and have managed to network myself into a big financial advisory firm. Im trying to get an internship doing Risk Management. Since I switched majors this year, I dont have any related experience, except working for my dad, an accounta ...

5 comments - 0 silver bananas - Jul 12 2011 - 12:04pm - dbm112

What is a typical salary for a first year analyst in risk management and bonus at a BB? risk management ...

5 comments - 1 silver bananas - Feb 27 2011 - 4:05pm - whatyouknowaboutthat

Hi all, I accepted a job for a large commercial bank (top 6 or so) doing quantitative portfolio management on MBS, mortgages, home equity loans, etc. I spend most of my time valuing whole loan portfolio deals between us and other banks and leading the mac ...

4 comments - 0 silver bananas - Dec 4 2015 - 12:13pm - Dajawnus

Counter-terrorism technologies used to find hidden caves in Pakistan are not solely used against el-Qaida anymore. Today, they're being applied as a tool in fighting the war against Washington from the offices of WS. While these technologies greatly ...

4 comments - 0 silver bananas - Dec 18 2012 - 8:55am - GMngmt

I have just started to work for a boutique investment bank in Asia. This question struck me when I'm filling up gym membership application form as it comes down to the "designation" part. Nonetheless, filling form story aside, this question ...

4 comments - 0 silver bananas - Jul 16 2015 - 8:14am - Wa77StreetMonkey

Since I am far from quantitatively inclined my tolerance for highly quantitative approaches to finance is low. Naturally, during the derivate driven whirlwind of the last decade I missed out on many an opportunity to add an extra zero. I don't have a ...

4 comments - 0 silver bananas - May 13 2011 - 12:45pm - Midas Mulligan Magoo

Hi I have an offer for a position in a leading corporate bank and also an offer in a BB firm for a Market Risk position (front office risk management is how it has been described). Ultimately my goal is to get a IB / Corporate Finance role. At the corpora ...

4 comments - 1 silver bananas - May 28 2009 - 7:31am - gsha

Anyone have an outsiders perspective into what this place is like/would be a good job/b school expectations/etc? The job is a bit odd because it's a liason between the quant modelers, software guys, and the clients. It's listed as a financial co ...

3 comments - 0 silver bananas - May 5 2017 - 12:01pm - whattodo

Choosing from 3 programs: 1 MS in States at Baruch, 2 MS in Applied Statistics and Decision Making at Fordham, (a kinda new program http://www.bnet.fordham.edu/academics/ms_programs/...) and Finally 3 Mathematical risk Management at Georgia State. The pro ...

3 comments - 0 silver bananas - Apr 3 2014 - 2:13am - Bessie-Lee

As a Dane from Copenhagen business school, getting a job on wall-street seems quite tough, so thinking about internship/analyst position in East Europe where the competition is much smaller. Clearly the salary is a joke, but you got a foot in the door of ...

3 comments - 0 silver bananas - Jun 12 2013 - 3:18pm - gusbjerol

Hey guys, Recently interviewed for a performance attribution/risk management job at a large investment manager (Janus, Franklin Resources, StateStreet, PIMCO, etc.), and was wondering what the going rate for entry level hires would be in this capacity? Th ...

3 comments - 0 silver bananas - Oct 8 2012 - 4:40pm - hamm0

So I just graduated college with a degree in Accounting (I know, I know) with a pretty solid GPA. As most of you know, in order to get the CPA license, you would need 150 credit hours, which most people do with a MAcc. However, my school has a new program ...

3 comments - 0 silver bananas - Aug 23 2012 - 2:20am - blandrover123

http://www.cfapubs.org/doi/pdf/10.2470/rf.v2011.n3.1 risk management ...

3 comments - 0 silver bananas - Jan 7 2012 - 4:41pm - Cromwel

Hello, What would be an appropriate salary for an investment risk manager with 3-4 years of experience? This is for a hedge fund. risk management Salary hedge fund ...

2 comments - 1 silver bananas - Aug 10 2018 - 1:47pm - N0DuckingWay

I have 4 offers on the table from different firms in varied industries. The two that I am torn between are a large cards company for a Senior Manager role and E&Y Manager role in FSO Advisory (risk focus). Both are relatively comparable offers but dif ...

2 comments - 0 silver bananas - Aug 14 2016 - 4:04pm - Assisi

Stress testing in the context of Bank Holding Corporations (BHC) or what is formally known as the Comprehensive Capital Analysis and Review (CCAR) is an annual exercise conducted by the Federal Reserve (or relevant Central Banks) and refers to the series ...

2 comments - 5 silver bananas - Sep 5 2014 - 8:00am - p0510

Hi Guys, I have about a week to decide between these two offers. Base pay is exactly the same for both banks and don't much about bonuses in my region. I've heard that RSG at Barclays is the most profitable group so bonus would probably be highe ...

2 comments - 0 silver bananas - Sep 28 2014 - 12:49pm - CrazyConsultant

delted risk management risk reporting ...

2 comments - 0 silver bananas - Apr 21 2014 - 6:53pm - systematic

Which one is better? Risk Management (think Wells Fargo) vs Econ Consulting (think CRA) for post-MBA ibd jobs. risk management ...

2 comments - 1 silver bananas - Mar 23 2014 - 2:12am - Shitizen

Hello, I would like some advice on how to job search based on my education, and possibly what openings I should be looking for. CUNY system graduate in economics bachelors with latin honors Graduated with a Masters in Risk Management with a Finance concen ...

2 comments - 0 silver bananas - Oct 12 2012 - 11:36pm - nestedforloop

Hey all, I was just offered an internship in two different teams within Risk Management at a super-regional bank. I'm currently a sophomore at a non-east coast target school and was wondering which would put me better position for junior year recruit ...

2 comments - 0 silver bananas - Feb 27 2012 - 12:54pm - bosoxfan1717

I am graduating with an accounting degree in June. Currently, I have an offer from the Market Risk group at a global investment bank (bulge bracket) as well as from the audit goup at a Big 4 accounting firm. My ultimate goal (preferably within 2-5 years) ...

2 comments - 0 silver bananas - Mar 4 2011 - 7:50am - an2011

hey guys, this is the first time ive come across this website so i hope my question is relevant. I just started sixth form earlier this month and im studying economics and we've been told to read up on news articles and so forth from the perspective ...

2 comments - 0 silver bananas - Sep 29 2010 - 11:02am - mr 1994

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

I'm offered to become a CFO of a tiny P/C insurance company and wondering whether I'm sure about philosophy of this business. Company market themselves as a professional service provider, wiki says it's a financial service, and I think it&# ...

1 comment - 1 silver bananas - Aug 10 2018 - 6:00am - Anopportunist

The work is mostly Basel risk management consulting for banks, funds, and insurance firms. What do you think about this gig? Is this better than FSO audit? Could this lead to a top 10-15 MBA? MBB consulting perhaps? Or switching to corporate banking? I kn ...

1 comment - 1 silver bananas - Jul 11 2018 - 7:51am - Ryan Finance

The deadline to submit applications for the 2018 FINCAD Women in Finance Scholarship is Saturday, June 30 at 11:59pm EST. Please plan accordingly. 2018 has been a significant year for women, who have been at the center of various political, economic and s ...

1 comment - 1 silver bananas - Jun 19 2018 - 3:49pm - FINCAD's Women ...

FINCAD is now accepting applications for the [Women in Finance Scholarship 2018, a program designed to promote outstanding women in the field of finance, particularly those pursuing careers in the capital markets and/or financial risk management. This has ...

1 comment - 1 silver bananas - Jun 6 2018 - 4:21pm - FINCAD's Women ...

FINCAD is now accepting applications for the Women in Finance Scholarship 2018, a program designed to promote outstanding women in the field of finance, particularly those pursuing careers in the capital markets and/or financial risk management. This has ...

1 comment - 1 silver bananas - Jun 6 2018 - 2:25pm - FINCAD's Women ...

Hi everyone, I am very new to Wall Street Oasis, and have decided to join the community for some advice/second opinion. I am currently on my second year as an Institutional Credit Risk Management Associate in a renowned multinational bank, and I would lik ...

1 comment - 1 silver bananas - Feb 23 2018 - 12:34am - missnama

I am almost 100% certain of sitting for the FRM Part 1 test this coming November. I recently got a job in the risk management department of an Asset Management company, and I have a genuine interest in flashing out my career either in risk itself (ops/ent ...

- 0 silver bananas - Jun 28 2017 - 3:47am - niki.c

.................................................................................................................. HF IB M&A PE VC ER AM risk management algorithms trading data quantitative finance ...

- 0 silver bananas - Sep 7 2017 - 2:09am - BabyAckman

which should be basic indicators of analysing a electricity supplier in an oligopoly market monitorized by government?? valutaion financial analysis risk management ...

1 comment - 0 silver bananas - Jan 10 2017 - 12:14pm - MAcRaDu

Can someone please explain what is meant, when people say utilities employ a linea hedge strat. on their portfolio of assets? please explain in simply terms. I have an interview coming for an internship at a utilities within the traders division, and I wo ...

- 0 silver bananas - Jun 21 2016 - 2:45pm - Dallas Dingos

I am curious what are the exit opportunities for risk management (will also get a CFA) in a multinational commercial bank? Is it realistic to move on to the front office (for instance, structured finance or corporate lending) after a few years as a credit ...

- 0 silver bananas - May 11 2016 - 4:21am - Michael-SZ

Operating in a volatile business environment means challenges can spring up without warning. Deep local knowledge allows us to react swiftly and effectively, no matter where, how or why the crisis has arisen. We have helped our clients: * carry out a seri ...

- 0 silver bananas - May 4 2016 - 2:00am - alexandriacore

Hi everyone, I have been lurking in this forum for a while, and have been really enjoying it (didn't even know something like this exsisted) I am currently in an intern/temp position at a big bank in Denmark, and just got accepted into one of the mos ...

- 0 silver bananas - Aug 6 2015 - 3:19am - morra

I'm currently working within risk management (credit, market and operational) at one of the big four as an intern. I have enjoyed my experience so far but am currently wondering whether I should stay with the firm or possibly move onto risk managemen ...

- 0 silver bananas - May 23 2015 - 2:26pm - Wolf_of_Canary_Wharf

Hello all, Long time creeper, first time poster. I'm currently a junior at a semi-target with a relatively average to above average GPA (think 3.5ish) looking over a few summer internship opportunities and finishing up some final round interviews. I ...

1 comment - 0 silver bananas - Apr 30 2015 - 6:26pm - johnthainsplumber

About to graduate with a Bachelor in BA with a finance and accounting track and am looking into an Msc in statistics. I was wondering whether there are finance positions where this sort of background would make me a competitive job applicant. Is it a bad ...

- 0 silver bananas - Dec 2 2014 - 3:10pm - ChampagneAnalyst

Just wondering if doing a risk management program at a top insurance brokerage firm still considered a good job in the eyes of the finance world. What are the pros and cons? exit opportunities? risk management insurance entrylevel ...

1 comment - 0 silver bananas - Nov 3 2014 - 8:46pm - hulamann55

Hi everyone, A big 4 consulting company offered me a 3 month internship in their risk management department. Initially I was very excited but now I am reconsidering whether this has enough added value for me. My goal is to end up in AM, PE or financial co ...

1 comment - 0 silver bananas - Aug 22 2014 - 9:34am - G. Soros

I am doing a risk management internship this summer at a bank. To be more specific in Securities Borrowing and Lending. What are somethings/concepts that I SHOULD know by the end of this internship to be taken seriously in the field? risk management inter ...

- 0 silver bananas - Jul 30 2014 - 6:43pm - ninja_girl

Would appreciate any valuable opinion. Targeting banks/funds in UK. Also, I have had some serious health issues and family stuff. Can I put the extenuating circumstances like that on resume? It did affect my undergrad grades very much and it was twice as ...

1 comment - 0 silver bananas - Jun 2 2014 - 8:53am - jakubgrzyb

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, I am about to join Shell as an analyst in Trading Risk Operations. I have also completed my MBA. It is my first job (yeah, I am just 23). I would like guidance on the career path options available in front of me. risk management ...

1 comment - 0 silver bananas - Apr 7 2014 - 3:15am - Navin-ram

Hey guys, I'm an undergrad (year 3/5) engineering science student in University of Toronto, and have just accepted a summer internship offer from a big Canadian bank in its risk management division. I've had a pretty big strategy internship befo ...

- 0 silver bananas - Mar 3 2014 - 12:12pm - DGreen

Hey everyone I have a few interviews scheduled for next week and I would appreciate some thoughts on my approach to them. I am a rising Sophomore economics major at a fairly prestigious school and had a Private Equity Internship this summer. This internsh ...

1 comment - 0 silver bananas - Apr 8 2016 - 9:08pm - SV4lax

Just came across this firm, and would appreciate someone clarifying details of their operations. It seems like they're best known in the industry for OptionsHouse and WeSeed. Where do they get most of their revenue from- support services, prop activi ...

1 comment - 0 silver bananas - May 18 2015 - 4:33pm - LTV

Hi all, I'm going to have on-site interview with BlackRock 's Aladdin Portfolio Solutions Group recently. Is there anybody happen to have a clue about this position? Firstly, I'm not that interested in the location, which is DE. Secondly, I ...

- 0 silver bananas - Mar 3 2012 - 4:58pm - scorpiolivia

Hello, I am currently applying for summer internship positions in Wall Street, NYC. My situation is in some way unique: I am not American, in US on F-1 (student) Visa while on PhD Program in Industrial Engineering with concentration in Quantitative Financ ...

- 0 silver bananas - Nov 19 2010 - 6:57pm - Constantine_K

Hi all, I am new to this website, so sorry in advance if someone posted this already. I am in need of advice on the best way to get into risk management based finance. I am a sophomore going into junior year in the fall as an undergraduate in Engineering, ...

- 0 silver bananas - Jun 23 2010 - 1:31pm - dontsearchme

Just want to know what kind of skills are needed for a credit analyst in a investment banks. What are the interviews like? Is it very quantitative? Investment Banking risk management ...

1 comment - 0 silver bananas - Mar 10 2009 - 1:55am - cfamatters