What is the job description of a market risk? (2024)

What is the job description of a market risk?

Market risk analysts examine market risk using their training and experience to advise on the best management practices and particular attention to fluctuations in interest rates, stock prices, currency exchange rates, and commodity prices.

What are the roles and responsibilities of market risk?

Market risk analysts use their experience and industry or market knowledge to advise about potential investments. They provide companies or investors with information on market trends and need an overall grasp of their research industry to provide clients with a comprehensive market assessment.

What do you do in market risk?

In essence, market risk is the risk arising from changes in the markets to which an organization has exposure. Risk management is the process of identifying and measuring risk and ensuring that the risks being taken are consistent with the desired risks.

What do market risk analysts do?

As a market risk analyst, you perform many different analyses to calculate and model individual and combined risk factors for your company. The specific factors depend upon your company, but the standard concerns include fluctuations in interest rates, stock prices, currency exchange rates, and commodity prices.

What is a market risk consultant job description?

Acts as a subject matter expert in financial risk and analystics, working both collaboratively and autonomously. Analyze, research and resolve complex issues both independently and through interaction with clients, colleagues and other departments.

Is market risk a good career?

There is tremendous scope to build a career within market risk, especially if you want to work and live in a major financial center such as London, New York, or Singapore.

What are the 4 types of market risk?

Market risk can be broadly categorized into four main types: equity risk, interest rate risk, currency risk, and commodity risk. Each type of risk arises from different factors and can impact a portfolio's performance in unique ways.

How do you become a market risk manager?

What are the key skills required for Financial Risk Management?
  1. Strong numerical and Strategy skills.
  2. Commercial awareness.
  3. Financial Modelling.
  4. Good research skills.
  5. Strong analytical skills.

What is a market risk associate?

Houston. Join our Market Risk team and be a part of a group responsible for setting, monitoring, reporting, and enforcing risk limits across all trading areas as well as calculating our Value-at-Risk (VaR) exposures covering all trading businesses.

What are the objectives of market risk management?

The main objective is to obtain a view of risk exposures without applying statistical assumptions. Volatility/correlation risk estimates the economic risk to all, or parts, of the funds under management.

How much do market risk analysts make in the US?

As of Jan 13, 2024, the average annual pay for a Market Risk Analyst in the United States is $108,333 a year.

How much does a market risk associate make at Goldman Sachs?

$122K. The estimated total pay for a Market Risk Associate at Goldman Sachs is $121,659 per year. This number represents the median, which is the midpoint of the ranges from our proprietary Total Pay Estimate model and based on salaries collected from our users. The estimated base pay is $106,220 per year.

Who is a market risk analyst?

The Market Risk Analyst performs a supporting role in modelling, measuring, as well as monitoring and analysing market risks. He/She also monitors credit and liquidity risks for trading, and analyse banking and investment books.

What is the salary of a risk strategy consultant?

The average salary for Risk Consultant is £40,342 per year in the United Kingdom. The average additional cash compensation for a Risk Consultant in the United Kingdom is £2,150, with a range from £1,075 - £4,298.

What is the highest salary for a risk manager?

Risk Manager salary in India ranges between ₹ 3.0 Lakhs to ₹ 29.7 Lakhs with an average annual salary of ₹ 11.5 Lakhs. Salary estimates are based on 2k latest salaries received from Risk Managers.

What is the salary of a market risk controller?

Market Risk Analyst salary in India ranges between ₹ 3.5 Lakhs to ₹ 21.5 Lakhs with an average annual salary of ₹ 14.3 Lakhs. Salary estimates are based on 456 latest salaries received from Market Risk Analysts. 1 - 7 years exp. 1 - 6 years exp.

Is risk management a stressful job?

As such, risk managers are responsible for overseeing all aspects of risk management within their organizations, which can be a highly demanding and stressful job.

How much does JP Morgan pay market risk?

The typical J.P. Morgan Market Risk Associate salary is £78,000 per year. Market Risk Associate salaries at J.P. Morgan can range from £48,000 - £88,000 per year. This estimate is based upon 13 J.P. Morgan Market Risk Associate salary report(s) provided by employees or estimated based upon statistical methods.

How much do risk associates make in the US?

Risk Associate Salary
Annual SalaryHourly Wage
Top Earners$55,500$27
75th Percentile$42,000$20
Average$39,549$19
25th Percentile$31,500$15

What are market risk examples?

Market risk is the risk of losses on financial investments caused by adverse price movements. Examples of market risk are: changes in equity prices or commodity prices, interest rate moves or foreign exchange fluctuations.

Do risk analysts make a lot of money?

As of Feb 2, 2024, the average hourly pay for a Risk Analyst in the United States is $40.49 an hour. While ZipRecruiter is seeing hourly wages as high as $65.87 and as low as $15.38, the majority of Risk Analyst wages currently range between $29.81 (25th percentile) to $49.28 (75th percentile) across the United States.

How much does a market risk manager VP make?

The average salary for Market Risk Vice President is £104,641 per year in the United Kingdom. The average additional cash compensation for a Market Risk Vice President in the United Kingdom is £16,271, with a range from £9,016 - £29,361.

Is risk analyst a hard job?

Life as a risk analyst can be challenging, as risk management is filled with inherently difficult decisions, and risk-related data does not always entail straightforward solutions. Nevertheless, this career offers the opportunity to make a direct impact on an organization's success.

Do you need a degree to be a risk analyst?

Educational Qualifications for Risk Analysts

Advancement often requires a bachelor's degree. Bachelor's Degree: Entry-level risk analyst positions may be obtainable with a four-year degree, such as a bachelor's degree in finance, mathematics or economics. Courses in investments and risk management can be helpful.

What is the difference between a financial analyst and a risk analyst?

Financial analysts typically work with data companies, investment banks, corporate finance firms, doing research, data analysis, portfolio management, etc. On the other hand, financial risk managers are more specialised in analysing risk and figuring out ways to mitigate it within a company.

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