Anyone know anything about market risk?

I've read some basic stuff on the role but I'm still confused.
1) Do people working in market risk work on the trading floor or on the operations/finance floor of a bank?
2) Do people in market risk work longer hours than traders or the same time?
3) How quantitative is the work? How technical is it?
4) Do people in market risk need to go and build relationships with traders in the way that inter dealer brokers do or do you just need to get on well with them?
5) Is market risk suitable for an introvert? I can be social and I can get on well with people and talk but I just need to replenish my social energy.

Did you catch the LSE banking bug?

1) Former
2) Probably less hours, or about the same hours
3) Pretty quant-y if you're working on risk models, otherwise as quanty as any other markets job (i.e. not really)
4) Not really, you're kind of their worst nightmare Joking aside, you set the VaR levels traders can take on and you restrict how traders that are taking on unnecessary risk it's not a client facing job. Some interface with places like compliance, finance, credit risk etc.

Credit risk is the job that tends to be more 'client' facing, not market risk
5) Yes

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Thanks very very very much!
as for the bolder part, yeah I have heard that the risk guys are hated by traders a lot and that they get screamed at when the traders are having a bad day. Tbh I don't mind getting screamed at!

Np.

As for comp, I've heard base is similar to FO with lower bonus.

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Yes I've heard of £40000 with a small bonus for a first year analyst in risk. That's already nearly double what my parents' income is! And I've heard VPs comp is around £90000.

Thanks very very very much!
as for the bolder part, yeah I have heard that the risk guys are hated by traders a lot and that they get screamed at when the traders are having a bad day. Tbh I don't mind getting screamed at!

1) Former
2) Probably less hours, or about the same hours
3) Pretty quant-y if you're working on risk models, otherwise as quanty as any other markets job (i.e. not really)
4) Not really, you're kind of their worst nightmare Joking aside, you set the VaR levels traders can take on and you restrict how much traders that are taking on unnecessary risk can take, it's not a client facing job. Some interface with places like compliance, finance, credit risk etc.

Credit risk is the job that tends to be more 'client' facing, not market risk
5) Yes

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I thought it was quants who worked on the risk models, not market risk analysts?

They *build* the models, risk analysts use them.

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They *build* the models, risk analysts use them.

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Would you happen to know whether market risk positions for more quantitative desks require more quantitative degrees? Like would a maths/engineering grad be preferred for market risk for exotics?

How competitive is it getting into this industry? As selective as IB?

(Already chosen my career path elsewhere but curious looking at other paths I could've taken )

Hi guys,
Does the uni matter for market risk? As in, targets/semi-targets?

Not as much, but the same uni names pop up.

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Thank you. So does the degree subject not matter for risk roles or does that only apply for IBD? Because I heard that quantitative degrees like maths/engineering are preferred for trading jobs so I was wondering whether this also applied to risk?