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.
Show more » « Show less
| Credit Risk Modeler | Comprehensive Recruiting $ Open | Manhattan, NY | 18 Jun 13 |
|---|
Head of Risk Modeling needed at highly regarded Asset Manager in NYC. Counterparty risk Modeling experience...
| Senior Compliance Officer/Associate General Counsel - NYC | Huxley Associates USD200000 - USD350000 per annum | Manhattan, NY | 17 Jun 13 |
|---|
Elite financial services firm seeking experienced compliance candidate.
| Head of Risk for Leading Global Asset Management Firm - NYC, USA | Selby Jennings $Competitive Salary + Excellent Bonus &... | Manhattan, NY | 12 Jun 13 |
|---|
A top performing and highly successful Asset Management Firm with over $450 billion AUM has recently opened up...
| Quantitative Developer (Market Risk) | The Tuttle Agency 175000 | New York City, NY | 20 Jun 13 |
|---|
THIS POSITION IS CHARLOTTE, NC BASED WITH RELOCATION PACKAGES OFFERED FOR ALL CANDIDATES.
| Credit Risk Quant VP | Morgan Stanley Competitive | New York City, NY | 20 Jun 13 |
|---|
See job description for details
| Credit Risk Technology | Mindstaff open | New York City, NY | 20 Jun 13 |
|---|
We currently are seeking highly motivated Seniors and Managers to manage client engagement teams, work with a ...
| Sr. Risk Management | Comprehensive Recruiting Outstanding compensation and benefit pla... | New York City, NY | 19 Jun 13 |
|---|
Global financial firm is looking to add a Sr. Risk Manager to lead their New York based team.
| Risk Management Officer | Nomura Holding America DOE | New York City, NY | 19 Jun 13 |
|---|
Nomura is a leading financial services group and the preeminent Asian-based investment bank with worldwide rea...
| VP-SVP, Market & Liquidity Risk | Mizuho Corporate Bank Ltd Commensurate with experience | New York City, NY | 19 Jun 13 |
|---|
Employee will work to strengthen the infrastructure of Market and Liquidity Risk Management, coping with new r...
| Market Risk Management Analyst | Mizuho Corporate Bank Ltd competitive | New York City, NY | 19 Jun 13 |
|---|
Risk Analyst Responsible for production of daily risk management reports, reports to Head Office and period...
| Senior Risk Specialist | Hedge Fund NYC | Selby Jennings attractive | New York City, NY | 19 Jun 13 |
|---|
A growing hedge fund in New York City is expanding its risk department with this key hire. My client is lookin...
| Front office risk manager NYC | Selby Jennings $120000 - $140000 per annum, Benefits: b... | New York City, NY | 19 Jun 13 |
|---|
A leading IB in New York City is looking to add a market risk manager to its rates exotics business. The manag...
| Market & Credit Risk Analysts | Focus Capital Markets 120-180,000 | New York City, NY | 19 Jun 13 |
|---|
We are one of the largest asset managers in the world facing many challenging valuation and scenarios. We in...
| MCrisk | Focus Capital Markets 100,00-300,00 | New York City, NY | 19 Jun 13 |
|---|
Focus Capital''s Risk managment practice is looking to hire over 100 quantitative research and financial an...
| Ph.D Graduates for Rotational Quant Program-Top Tier Investment Bank-NYC | Selby Jennings $120000 - $200000 per annum | New York City, NY | 19 Jun 13 |
|---|
.
| Top Tier US Investment Bank- NYC- Junior and Senior Level Model Validation Analysts | Selby Jennings $120000 - $200000 per annum | New York City, NY | 19 Jun 13 |
|---|
.
| Top Tier US Bank- NYC- Cross-Asset P&L Analyst | Selby Jennings $120000 - $200000 per annum | New York City, NY | 19 Jun 13 |
|---|
.
| Top Tier US Investment Bank- NYC-Junior and Senior Level Model Validation Analysts | Selby Jennings $120000 - $200000 per annum | New York City, NY | 19 Jun 13 |
|---|
.
| SVP/ AD, Credit Review | New York, USA | GQR Global Markets $100-140k base (DOE) + very competitive... | New York City, NY | 19 Jun 13 |
|---|
We are looking for an experienced credit reviewer to join the team! The Credit Review team sits within the Ent...
| Morgan Stanley Wealth Management Credit Associate | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details
| Senior Business Analyst | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details
| Vice President/ Senior Associate - Merchant Banking & Real Estate - Risk & Insurance Management | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details
| Counterparty Credit Risk Associate | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details
| Credit Risk CAO | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details
| Head of Operational Risk Analysis & Reporting | Morgan Stanley Competitive | Jersey City, NJ | 18 Jun 13 |
|---|
See job description for details
| Credit Risk - Regulatory Relations | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details
| Market Risk Model Review | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details
| Vice President - Credit, Commercial Real Estate Lending | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details
| Credit Risk Reporting - Analyst/Associate | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details
| Credit Risk Associate | Morgan Stanley Competitive | New York City, NY | 18 Jun 13 |
|---|
See job description for details