Carnegie Mellon University

Risk Management

The science (and art!) of computing and managing the credit, operational and market risk borne by traders and portfolio managers has grown in complexity and importance since the financial crisis of 2008. Talent in this area is in great demand by financial firms and the regulators. As a “middle-office quant” at the banks and hedge funds or in your role with the regulators, you will validate the trading, pricing and enterprise risk models developed by the front office, build or evaluate anti-money laundering and fraud detection models, manage bank stress tests, establish and monitor position limits and sector exposures, evaluate liquidity ratios and optimize regulatory capital levels.

Job titles in risk management include: 

  • AVP, Franchise Risk Architecture
  • Associate, Treasury Risk
  • Investment Risk Analyst
  • Market Risk Analyst
  • Risk Officer
  • AVP, Asset and Liability Management

Employers in risk management include: 

  • Western Asset Management
  • Balyasny Asset Management
  • CME Group
  • State Street
  • Fidelity
  • Bloomberg
  • PwC
  • Intercontinental Exchange