Client Relationship Manager Financial Risk Management Job

Firms developing risk management solution find a major place in investment banking niche. It is mandatory for the investment banking firm to have a risk metric and valuation of their portfolio. Client Relationship manager popularly called CRM is a role that demands great interpersonal skills. Here are the job duties, roles and responsibilities of the CRM 1) Manages, Tracks and reports the companys risk - depends on risk niche he is involved in. It could be market risk, credit risk, operational risk 2) Implementation of policies, procedures for the assessment and monitoring of risk - credit risk/operational risk/market risk 3) Advice business unit management and staff - Scope the business problems, analysis of processes, losses, risk exposures(credit risk/market risk/operational risk) 4) Share the experience with the business unit team - Knowledge transfer on lessons learned 5) To summarize he has to perform analysis, auditing and reporting What is the qualification needed? In general candidates with graduation in one of the following fields will be considered for these kind of position. It varies based on the organizational decision 1) Economics 2) Finance 3) Accounting 4) Financial Risk Management What is I'm not a graduate? Can I appear for any financial certification exam? Now-a-days financial certifications acts as a great alternative to graduation. If you are from non-financial background and want to gain good insight of finance it is advisable to choose and appear for some interesting financial certification exams 1) Series 7 2) CFA - Chartered Financial Analyst. This is the most respected financial certification 3) FRM - Financial Risk Management . This is conducted by GARP (Global Association Of Risk Professionals) twice a year. It is offered in two levels. This is popular among financial risk community 4) PRM - This is another financial risk certification from PRIMA What is the salary range? In most cases the salary range is between - $85,000 to $250000. It depends on experience. Most of the financial professionals make a great deal in the form of bonus.