Credit Risk

covfefe

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It doesn't matter. You pick up everything on the job anyway. Unless the interviewer/s won't like you, they are not going to grill you with hardcore maths questions if you are a management student. Prepare for the basics though, regardless of academic background.

Got it. So how much less competitive is Risk than IBD/ER?
 

Trigger

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Thank you for your helpful response, as always. I will do exactly that. I was browsing through linkedin and it seems that many risk analysts come from mathematics, engineering and such. I am a business student and my quantitative ability is average (No a level maths, but good results in stats at uni). Given that I go to a target doing management and my CV is okayish, what are my chances for credit risk (MO). How significantly higher would they be compared to IBD?
It doesn't matter. You pick up everything on the job anyway. Unless the interviewer/s won't like you, they are not going to grill you with hardcore maths questions if you are a management student. Prepare for the basics though, regardless of academic background.
 

covfefe

Revered Member
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You can't convey your interest in both divisions. You either apply for Credit Risk, or IBD.

Apply for credit risk at some companies, and apply for IBD at others. This will require you to write 2 cover letters: one for IBD and one for Credit Risk. The only paragraph that needs to be different is the one discussing your interest in the role so it's not that much extra work.

Thank you for your helpful response, as always. I will do exactly that. I was browsing through linkedin and it seems that many risk analysts come from mathematics, engineering and such. I am a business student and my quantitative ability is average (No a level maths, but good results in stats at uni). Given that I go to a target doing management and my CV is okayish, what are my chances for credit risk (MO). How significantly higher would they be compared to IBD?
 

Trigger

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I want to apply for IBD for a SA position, but also would not mind working in credit risk. In fact, I would be much more pleased to apply only to credit risk, knowing that I have a greater chance to get in and the line of work interests me.

Should I apply to both IBD and credit risk or go only for credit risk? Another question that arises is how would I convey my interest for both divisions?
You can't convey your interest in both divisions. You either apply for Credit Risk, or IBD.

Apply for credit risk at some companies, and apply for IBD at others. This will require you to write 2 cover letters: one for IBD and one for Credit Risk. The only paragraph that needs to be different is the one discussing your interest in the role so it's not that much extra work.
 

covfefe

Revered Member
Messages
15
I want to apply for IBD for a SA position, but also would not mind working in credit risk. In fact, I would be much more pleased to apply only to credit risk, knowing that I have a greater chance to get in and the line of work interests me.

Should I apply to both IBD and credit risk or go only for credit risk? Another question that arises is how would I convey my interest for both divisions?
 
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