DefaultRisk.com the web's biggest credit risk modeling resource.
DefaultRisk.com the web's biggest credit risk modeling resource. | |
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Under this sector, you'll find listed all of our risk management jobs in investment banks, asset managers, hedge funds and other financial services firms. As we've all learned from the recent financial crisis, financial services can be a very risky industry. If risk management professionals are not available to stem employees' desire to push boundaries for bigger profits, whole banks can go bankrupt.
Professionals who work in risk deal with technology, operations, audit, compliance and other control functions within a bank or financial organization. Risk management jobs are usually split into different areas, though the most common are market risk, credit risk and operational risk.
Market risk is the risk that a whole portfolio of traded financial products (for example, stocks, bonds or commodities) drops in value at the same time because of outside, sometimes unpredictable events, like rising oil prices or terrorist bombs. Four standard market risk factors used are stock prices, interest rates, foreign exchange rates and commodity prices.
Market risk professionals aim to price and model risk across a variety of asset classes, such as derivatives (forwards, futures, options, swaps). They should communicate clearly with traders and supply the front office with clear risk assessments.
Credit risk is the risk of loss of principal if a borrower fails to pay back a loan. A job in credit risk requires mitigating this risk by creating credit proposals and credit reviews, which show the business independent judgments about the financial backgrounds of potential and existing borrowers.
Credit risk positions require working with the lending team to check that credit proposals or extensions meet with approval or are declined in agreement with the firm's own credit policies and local regulations. Many lenders have their own credit scorecards and list prospective and current customers according to risk. A variety of factors are examined, including operating experience, management expertise, asset quality and leverage and liquidity ratios.
Operational risk is the risk that a bank will suffer damage or losses from internal factors or problems like a systems breakdown or financial wrongdoing. A job in operational risk involves devising front-to-back reviews of business processes which are then reported to business managers.
Positions in operational risk necessitate creating risk self assessments of business units, spreading information about the firm's risk policies and finding and reporting any change in risk. They also meet with internal audit, external audit and regulators.
Many risk professionals have qualifications developed to advance their understanding, job opportunities, professional reputation and salary. As an example, the Financial Risk Manager (FRM) designation from the Global Association of Risk Professionals is awarded to those who have at least two years' work experience in financial risk management and successfully pass two examinations.
The Professional Risk Managers' International Association (PRM) is awarded to financial risk managers who successfully pass four exams on subjects including financial theory, financial instruments and markets and mathematical foundations of risk measurement.
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| Business Analyst - Market Risk IT – Leading Investment Bank | Orgtel £65000 - £85000 per annum + Excellent pa... | UK-London | 21 May 12 |
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Business Analyst - Market Risk IT – Leading Investment Bank .
| CREDIT APPROVAL MANAGER – MNCs & LARGE CORPORATES | Hays Banking Hong Kong Competitive Salary | Hong Kong SAR | 21 May 12 |
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CREDIT APPROVAL FOR GLOBAL CORPORATIONS
| CREDIT RISK SPECIALIST – CORPORATE AND/OR FI (5 years exp.) | Hays Banking Hong Kong HKD$50-75K plus bonus | Hong Kong SAR | 21 May 12 |
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CORPORATE AND FI COUNTERPARTY CREDIT RISK
| CREDIT RISK ANALYST – BLUE CHIPS/RED CHIPS | Hays Banking Hong Kong Competitive | Hong Kong SAR | 21 May 12 |
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CREDIT ANALYSIS IN CREDIT RISK MANAGEMENT DEPARTMENT
| Market Risk Analyst - French speaker required | Saxton Leigh £25000 - £35000 | UK-London | 21 May 12 |
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Our client is a specialist financial services firm dealing with wide variety of products. They are currently l...
| Private equity associate focusing on Funds for a Top Asset manager based in Frankfurt, Germany | Carlton RK excellent | Germany-Hessen | 21 May 12 |
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My client is a Top Asset manager based in Frankfurt who is searching for an experienced Private equity associa...
| IT Risk & Assurance Senior - Bermuda | Bluefish Resources Tax-Free | New York, NY, 10001 | 21 May 12 |
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IT Risk / IT Audit Consultants required for world leading Practice on the wonderful island of Bermuda.
| IT Risk & Assurance Manager - Bermuda | Bluefish Resources tax-free | New York, NY, 10001 | 21 May 12 |
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IT Risk and Assurance Manager required by a leading International Accountancy Practice on the unique and wonde...
| Vice President - Credit Risk Management - Bermuda | Bluefish Resources Tax-Free | Bermuda | 21 May 12 |
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A tax-free salary and island lifestyle are just two of the attractions on offer with this exciting opportunity...
| Top British Bank Seeks Senior Credit Manager – Financial Institutions – Emerging Markets - UK , London | Selby Jennings £100-120k (not including benefits and bo... | UK-London | 21 May 12 |
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This firm is seeking a highly experienced Credit Manager to carry out in-depth credit analysis and provide app...
| Top German Bank Seeks Recent Graduates and/or Junior Analysts - Berlin | Selby Jennings Around 35k € | Germany-Berlin / Brandenburg | 21 May 12 |
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This Top bank has a number of open support positions within their Credit Department. They are seeking eager an...
| Top Investment Bank Seeking Senior Counterparty Credit Risk Analyst for Global Markets Portfolio Manager Position | Selby Jennings $110-140k Base Salary (with on top bonus... | New York, NY, 10001 | 21 May 12 |
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This Banks Global Markets group is seeking an Experienced Counterparty Credit Risk Analyst to take on a Strate...
| Senior Oil Refinery Market Analyst | Oil Recruitment Ltd Competitive | UK-London | 21 May 12 |
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International Oil Trading Company is looking for a Senior Oil Refinery Market Analyst to join an expanding tea...
| MSCI Implementation Consultant (Shanghai) | MSCI Inc. Negotiable | China-Shanghai | 21 May 12 |
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MSCI is looking for talents from Financial Engineering / Financial Mathematics / Quantitative Finance filed to...
| MSCI - Risk Management Analytics Client Service (Shanghai) | MSCI Inc. Negotiable | China-Shanghai | 21 May 12 |
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MSCI is looking for talents from quantitative finance background to join our Asia Pacific Client Coverage orga...
| Operational Risk Manager | Chase Cooper Resourcing to £60K + Benefits | UK-London | 21 May 12 |
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Reputable Investment Management and financial advisory services company based in the City is looking for an ar...
| Middle Office Contrôle de ratios en CDI (H/F) | FED Finance fixe + variable | France-Paris | 21 May 12 |
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Fed Finance, cabinet entièrement dédié à l'intérim et au recrutement des métiers de la finance, recherche pour...
| Director Operational Risk | Barclay Simpson Competitive | UK-London | 21 May 12 |
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Our client an Investment Bank seeks experienced Operational Risk technician to develop the profile of Operatio...
| Manager- ICAAP, Credit Risk / Economic Capital | Not Disclosed Competetive | Kuwait-Kuwait City | 21 May 12 |
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Highly experienced ICAAP / Economic Capital practitioner sought for various Credit Risk projects.
| Senior Business Intelligence Presales Consultant ( Arabic speaker) | Not Disclosed Competetive | UAE-Dubai | 21 May 12 |
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Global Financial Services company seeks Arabic speaking Senior BI Presales Consultant to capitalise on ME opp...
| Senior Market Risk Manager-Local Markets | Excalibur Associates (Licence no. 02S4748) Highly competitive | Singapore | 21 May 12 |
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An expanding, dynamic global bank is currently seeking a highly experienced Senior Market Risk Manager, Local ...
| Operational Risk Manager | ED & F Man Holdings Limited Competitive | UK-London | 21 May 12 |
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ED&F Man are looking for an Operational Risk Manager to report directly to the Head of Group Operational Risk ...
| Head of Operational Risk Management | ED & F Man Holdings Limited Competitive | UK-London | 21 May 12 |
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ED&F Man are looking for a Head of Operational Risk Management to report directly to the Head of Group Risk an...
| Business Analyst Team Lead- Risk | Oldbury Howard Limited Competitive Salary | South Africa-Johannesburg | 21 May 12 |
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Business Analyst Team Leader, Change ther Bank, Risk across both banking and trading book products, Risk Repo...
| Consultants risque de marché (Seniors et Managers) | Opus Finance Rémunération selon expérience | France-Paris | 21 May 12 |
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Consultants risque de marché (Seniors et Managers)
| Consultants risque de crédit (Seniors et Managers) | Opus Finance Rémunération selon expérience | France-Paris | 21 May 12 |
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Consultants risque de crédit (Seniors et Managers)
| MOA RISQUE DE CREDIT (H/F) | Astek Finance Selon profil | France-Paris | 21 May 12 |
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Dans le cadre de sa croissance autour de nouveaux projets risque de crédit, Astek Finance renforce ses équipes...
| Market Risk Business Analyst | Hudson Risk IT £50,000 - £100,000 | UK-London | 21 May 12 |
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Market Risk, Business Analyst, VaR, Historical Simulations, Monte Carlo, Stress Testing, MR Framework, UAT, UM...
| Quantitative Market Risk Manager | VP | Singapore, Asia | Selby Jennings Singapore (Licence No. 11S3033) $170-200k SGD + benefit + bonus | Singapore | 21 May 12 |
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Leading European Bank seeks Quantitative Market Risk Manager to act as linking pin between the quants of Marke...
| TWO SENIOR MANAGERS, COUNTERPARTY CREDIT RISK, PRESTIGIOUS INTERNATIONAL FINANCIAL SERVICES RISK CONSULTANCY | Incarter International Ltd £90-125,000 PLUS BONUS AND FULL PACKAG... | UK-London | 21 May 12 |
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Successful, growing area: managing Counterparty Credit Risk arising from clients' exposure to derivatives and ...
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