A Day In The Life Of A Capital Risk Management Executive At A Major North American Bank
A capital risk management executive's day is a mix of routine and ad hoc analysis, with quarterly and annual stress tests providing structure while geopolitical tensions and economic shifts drive unpredictable tasks. The role demands both "pushing forward some longer-term priorities" and addressing real-time changes in the bank's performance, requiring a blend of internal focus and external awareness of the economy and world events.
Capital Risk Management, Banking, Financial Analysis, Geopolitics, Stress Testing
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Ryan Almquist
Capital Risk Management Executive
Major North American Bank
Wake Forest University
N/A
Business Management & Admin
Finance (Banking, Fintech, Investing)
Strategic Management and Executive
Video Highlights
1. The role involves a mix of standard weekly, monthly, and quarterly routines, such as quarterly stress testing performed by most banks and annual stress testing done by the Federal Reserve.
2. Ad hoc analyses are a significant part of the job, driven by external factors like geopolitical tensions and elections, requiring the executive to assess potential impacts on the economy and the bank.
3. The role requires monitoring the bank's performance on a real-time basis, understanding the impact of positions being added to or removed from the balance sheet.
Transcript
What does a day in the life of a capital risk management executive look like?
It definitely varies day to day; it's not always predictable. However, there's a good mix of standard weekly, monthly, and quarterly routines.
For example, stress testing is done quarterly in most banks. These processes look and feel similar each quarter. There's also annual stress testing by the Federal Reserve, which is very consistent year to year.
However, throughout the months and quarters, there are ad hoc analyses that come up depending on what's happening in the world. There's a big focus right now on geopolitical tensions and their potential impact on the economy and our bank.
When there are elections, we look at potential scenarios. So there's a lot of external focus on the economy and geopolitics. There's also internal focus on how the bank is performing day to day.
As positions are added to or removed from the balance sheet, we want to understand what that looks like on a real-time basis. So there's not necessarily a "typical" day. It's usually a mix of pushing forward longer-term priorities and addressing ad hoc analyses.
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