2 Days in the Life of a Risk Validator

Risk management is a mystery to most people. A lot of people assume you use VaR for everything but the truth is you don't use it often if you are not on the investment side. This video is two days with me as a risk manager in a large bank. I work in the office 3-5 days a week but for the purpose of this video I am working from home (whf). Takeaways: 1. Risk management is mainly statistics focused. 2. Technology is usually the largest hurdle for productivity. 3. There is a lot of collaboration between colleagues and departments to make an effective risk management framework.