Risk Management at an IB

Hi guys,
I've been doing research on risk management positions and just have a few questions. Now, I know that FO roles are mainly filled by the 6 target universities. Is this the same for MO/BO roles such as risk? In terms of pay, how does a risk role compare to FO? Would a first class degree from an average uni and a masters at one of the 6 target universities put me in a good position for risk graduate schemes?

Thanks!

Risk is less competitive than FO on the whole, and the focus their isn't as tunneled into the 6 targets/the semi targets.

Pay is quite a bit less, bonuses are fractions of what you see in FO. But in comparison to other more general grad schemes, risk pays more.

Yeah, I'd say it's worth a shot, even without the Masters.

Posted from TSR Mobile

What would risk management positions typically pay in London banks? I only seem to find data for NYC.

35k~

35k~

Is that for a first year analyst or third year analyst/ 1st year associate? Does it include the bonus? Sorry I know I'm kinda asking a lot of questions here

Is that for a first year analyst or third year analyst/ 1st year associate? Does it include the bonus? Sorry I know I'm kinda asking a lot of questions here

It's not that low.. Back office tech get paid more than that in most instances.

Quick glance at glassdoor shows grad risk analysts are on £43-50k.

Posted from TSR Mobile

It's not that low.. Back office tech get paid more than that in most instances.

Quick glance at glassdoor shows grad risk analysts are on £43-50k.

Posted from TSR Mobile

Wow that is pretty good pay considering it's not FO. Does anyone know what the work hours are like? Is it like m&a or more like s&t?

Should be similar to markets, maybe slightly lower. I'd peg it at 50-60 hours a week.

Posted from TSR Mobile

That's pretty good. How do you know so much lol

Been networking, researching and planning since I was 15.

Since you were 15? How did you network at that age? I'm looking to do a few of the sixth form insight days at banks and the big four. (Haven't decided between IB and audit yet)

Hi guys,
I've been doing research on risk management positions and just have a few questions. Now, I know that FO roles are mainly filled by the 6 target universities. Is this the same for MO/BO roles such as risk? In terms of pay, how does a risk role compare to FO? Would a first class degree from an average uni and a masters at one of the 6 target universities put me in a good position for risk graduate schemes?

Thanks!