Measures how much money a bank or fund could lose if markets move against it, and sets limits on traders.
You run 'stress tests' imagining a 30% stock crash, find that one desk would lose too much and negotiate with the head trader to reduce risk.
Approximate: anchored on Bureau of Labor Statistics data for a broader job group.
Master's degree, about 6 years after high school. Bachelor's in math or finance; often a master's in financial engineering; FRM certification.
Ways in: 4-year college, Graduate school, Certification. Training cost: $60k – $150k.
Majors to look at: Financial Engineering, Mathematics, Finance.
Growing faster than average. Steady at banks and funds.
Medium risk for 10 years. Risk calculations run automatically; challenging traders and judging stress scenarios needs experienced humans.
Classes: AP Calculus, AP Statistics, AP Macroeconomics.
Official data: O*NET occupation 13-2054.
Career Universe is an early version. Pay, training and AI-risk figures are estimates to start your own research, not verified facts. The research was written with AI research assistants, checked by validation scripts and spot-checked by hand. Check anything important with schools, employers and official sources. How the numbers work.