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What Does a Wall Street Risk Analyst Do? (Tasks, Hours, Salary, Career Trajectory, and More!) 

Aaron Yao
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In today's video, I give a comprehensive overview of arguably one of the lesser known jobs in the finance industry: the job of the risk analyst. I go over things like responsibilities, hours, compensation, career trajectory and more! If you have any further questions, leave them down in the comments below and I would be happy to answer what I can!
Follow/DM me on Instagram: aaron_yao_

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6 сен 2024

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Комментарии : 49   
@DoneDealAC
@DoneDealAC 3 месяца назад
As a liquidity risk analyst at a commercial bank, this man is 100% correct. Also get a technical degree like Math, Finance, CS, Stats or Economics to break into risk. Almost every risk role is quantitative and requires coding.
@aaron_yao
@aaron_yao 3 месяца назад
Very true, appreciate the input!
@sindhushreereddy6959
@sindhushreereddy6959 6 месяцев назад
Your videos never cease to impress with their insightful and engaging content. Keep up the outstanding work - it's both inspiring and valuable
@aaron_yao
@aaron_yao 5 месяцев назад
Thank you so much! That means a lot, and I'm glad you're finding this helpful.
@aaronliu5188
@aaronliu5188 Год назад
Just wanna say hi! Am a final year Applied Math major specialising in financial math, looking to do risk management! Not really interested in the front office roles like IB or sales and trading haha thus leaning more towards quantitative risk (Hopefully). Very insightful video into market risk! Am currently completing the FRM Lvl 1 exam tomorrow as well, what are your thoughts on it? Does it matter to an employer? What if you were evaluating a candidate wanting to do risk? Hope to see more videos on this very underappreciated side of finance!
@aaron_yao
@aaron_yao Год назад
Always a pleasure to meet a fellow Aaron! I personally don't know too much about the FRM - I'm sure it will be good to have on your resume but don't personally know too many people that have it. If I were evaluating a candidate, I'd probably look for analytical skills and a genuine interest towards financial markets because all the information can be taught on the job. Good luck!
@aaronliu5188
@aaronliu5188 Год назад
@@aaron_yao Ah yes my name is Aaron too Haha! Thank you for your response, may we cross paths someday!
@nathanchoi99
@nathanchoi99 Год назад
Great video! I learned a lot
@lassknebel3118
@lassknebel3118 5 месяцев назад
Very informative video! Thank you!
@aaron_yao
@aaron_yao 5 месяцев назад
Thanks! Glad you found it helpful.
@philippeseelmann2046
@philippeseelmann2046 10 дней назад
Is there a website were you get all die statistics and data from? Because i couldn't find a good one.
@maximus6452
@maximus6452 7 месяцев назад
Well done bro, massive thanks!
@nunziosabino8895
@nunziosabino8895 3 месяца назад
Thank you for the info, very informative!
@rifraffar
@rifraffar Год назад
Love your videos man! Btw what do you think of a masters in financial engineering to get into risk? and what other options are there with that masters? Thanks!
@aaron_yao
@aaron_yao Год назад
Masters in financial engineering would definitely be useful for getting into risk. Masters in quantitative finance is also a common one that many people pursue.
@ifeoluwaogunjobi5873
@ifeoluwaogunjobi5873 Год назад
Thank you so much for this video
@emmanueljohnson538
@emmanueljohnson538 Год назад
Awesome video!
@user-vp7ty7ow4l
@user-vp7ty7ow4l Год назад
Do you know if the risk management function has any client interaction at all? or are most presentations/interactions in risk with the front office team?
@aaron_yao
@aaron_yao 11 месяцев назад
The latter - your "clients" are essentially the traders/portfolio managers. Don't know about credit risk on the investment banking side though...
@Ben-rs1wm
@Ben-rs1wm Год назад
what would you recommend for risk analyst interviews in terms of technicals for interns/grads??
@aaron_yao
@aaron_yao Год назад
I'd recommend having knowledge about current market events and basic knowledge about options Greeks.
@mahirahman6168
@mahirahman6168 Год назад
What tools did you use on a day to day basis - Excel, Bloomberg? any programming for VaR?
@aaron_yao
@aaron_yao Год назад
Yes, mainly Excel and Bloomberg, occasionally Python. VaR is usually calculated automatically.
@jinFN
@jinFN 2 месяца назад
Would you say an risk management summer internship is a good way to break into this field?
@sarveshkarpe5426
@sarveshkarpe5426 Год назад
I'm pursuing my master's in Risk and Investment management from Queen's University Belfast, UK and will be completing this September 2023, and I'm struggling with job search for risk analyst roles in the UK. Please guide me a bit on this.
@chidianyanwu889
@chidianyanwu889 4 месяца назад
Any update man? How has it been?
@sarveshkarpe5426
@sarveshkarpe5426 4 месяца назад
@@chidianyanwu889 Hi, So far nothing has changed, UK is at it's worst right now. There are no entry level roles, and the ones that are there, are not willing to sponsor in future. I don't know what to do now. In a really bad situation right now.
@devanshshah2822
@devanshshah2822 2 месяца назад
Best of luck buddy, genuinely hoping something turns up for you, keep your head up
@sarveshkarpe5426
@sarveshkarpe5426 2 месяца назад
@@devanshshah2822 Thank you Devansh 🙏🏻❤
@sushil6509
@sushil6509 10 дней назад
How's it going mate? Is there any way we can connect I'm an aspiring risk analyst
@Robin1997311
@Robin1997311 6 месяцев назад
Is it necessary to have a quantitative degree (like Math, Statistics) or be extremely good at math to become an entry-level risk analyst? I am interested in becoming one but I was told that a (market) risk analyst is only available for those who specialize in quant subjects and have masters in those math-related areas.
@maulikharia5032
@maulikharia5032 3 месяца назад
I'm guessing maybe not a requirement but again you would be much better off if you just understand the quant side better than everyone else. This would necessarily mean having a degree in comp sci or mathematics cause I've seen people do a finance degree but pick up on coding and quant skills very fast and hence employers would be interested in them!
@estelleliu7195
@estelleliu7195 6 месяцев назад
awesome! many thanks!
@jasramanpreetjanagal6207
@jasramanpreetjanagal6207 7 месяцев назад
Well Explained .
@kewtheii6764
@kewtheii6764 5 месяцев назад
Hi! Quick question, would you say the job-scope of a risk manager in investment banking mirrors the ones from insurance brokers? Thanks!
@aaron_yao
@aaron_yao 5 месяцев назад
Mmm doesn't seem so. Maybe closer to actuaries if you want to talk about the insurance industry?
@tonyabraham1037
@tonyabraham1037 Год назад
Do you know any recruiters agencies that specialize in Risk Management?
@aaron_yao
@aaron_yao Год назад
Not specifically but you should be able to find them with a LinkedIn search!
@souhailelhzamri3159
@souhailelhzamri3159 Год назад
what books should I read as a freshman in a bachelor of finance?
@aaron_yao
@aaron_yao Год назад
A Random Walk Down Wall Street is a great intro book to a bunch of financial concepts. All the Wiley finance books are great if you want to get deeper into a certain topic. I would highly recommend The Black Swan as another unique perspective on life and investing.
@pankajbisht2594
@pankajbisht2594 Месяц назад
Awesome
@user-ng8mp5zy5k
@user-ng8mp5zy5k 3 месяца назад
are these jobs in quant/risk remote also or ar they an office principle job
@aaron_yao
@aaron_yao 3 месяца назад
Most are probably hybrid if not fully in-person.
@kodiakgriz2296
@kodiakgriz2296 6 месяцев назад
FRM designation prevelant at either JPMC or HF?
@aaron_yao
@aaron_yao 6 месяцев назад
I wouldn't say so.
@kodiakgriz2296
@kodiakgriz2296 6 месяцев назад
@@aaron_yao Was curious as to if it were equivalent demand wise on risk side as CFA on buy/sell side..ty
@victornlopez7423
@victornlopez7423 Год назад
What about age?
@aaron_yao
@aaron_yao Год назад
Are you asking if age is a factor in hiring? If so, it isn’t!
@clementyau7192
@clementyau7192 8 месяцев назад
@@aaron_yao Hey Aaron, not sure how familiar you are with Product Control, wondering if I could ask you some questions on market risk though
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