The Pros and Cons of Working in Financial Risk Management

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  • Опубліковано 27 лис 2024

КОМЕНТАРІ • 33

  • @cloudbase6074
    @cloudbase6074 9 місяців тому +9

    Aaron, could you make a video about all the finance sectors, and pros and cons for them?

    • @aaron_yao
      @aaron_yao  9 місяців тому

      Good idea, will keep that in mind!

  • @LiamThompson-cv9xy
    @LiamThompson-cv9xy 6 місяців тому +13

    Tracking and maintaining individual asset is challenging, especially when looking at the area of interest and growth in assets. But I believe that with proper training and guidance one's asset can be monitored.

    • @WilliamsJones-jx1ce
      @WilliamsJones-jx1ce 6 місяців тому

      Getting a breakdown on the management of the risk involved is very important. One should be correctly informed on how to manage the risk for individual assets. This is to avoid operational inefficiency, downtime or even frustration. And most times videos does not do the job on giving enough insight.

    • @HarperScott-pk6uk
      @HarperScott-pk6uk 6 місяців тому

      The fear of loss aversion puts a pause on investment for most people.

    • @jlee-dw3zu
      @jlee-dw3zu 6 місяців тому

      Maximizing profit and reduces loses to it's minimum. In this case an expert practitioner should be adopted to manage the risk on your investments. You should look up Jason Herman Pierce. He is an investment advisor, risk manage and an professional trader. He manages portfolio too, including crypto portfolios. He is the right person for the job. Just look him up via Google and go through his website for more details.

    • @HarperScott-pk6uk
      @HarperScott-pk6uk 6 місяців тому

      I just look him up and came across his website. I am impressed with his credentials. I like to work with him, I have sent him an email. I anticipate his response . Thanks

  • @user-mi2ib6rp5c
    @user-mi2ib6rp5c 9 місяців тому +2

    I actually enjoy your videos a lot.
    Keep it consistent and in no time you’ll reach a million subscribers

    • @nathanchoi99
      @nathanchoi99 9 місяців тому +1

      Same here these videos are great

    • @aaron_yao
      @aaron_yao  9 місяців тому +1

      I'm really glad to hear you're enjoying them, thanks for your support!

  • @pratsplays6829
    @pratsplays6829 8 місяців тому +4

    hey im pursuing FRM can u make a video on how FRM helps getting in these risk management roles (im turning 20 and am clueless guidance will really help)

    • @aaron_yao
      @aaron_yao  8 місяців тому

      Unfortunately, I don't have too much experience with FRM. Check out some of my other videos if you want some career tips though!

  • @MS-yh3ye
    @MS-yh3ye 6 місяців тому +1

    I recently got a role in financial risk with a bank, so this vid was interesting tbh

  • @sindhushreereddy6959
    @sindhushreereddy6959 9 місяців тому +3

    Great video. I have FRM certification and 4years of experience in regulatory reporting post masters in finance. Now I am more interested in market risk roles. Is it possible for a career switch now? Any advices. Thank you

  • @Prophesite
    @Prophesite 9 місяців тому +1

    Another great video Aaron!

    • @aaron_yao
      @aaron_yao  9 місяців тому

      Much love bro 🙏

  • @pfc6726
    @pfc6726 9 місяців тому +2

    Hi mate, just came across your channel. I'm a CIMA qualified accountant and feel like I know next to nothing about financial markets or financial instruments. I would love to get some tips from you as you sound like you know what you're talking about!

    • @aaron_yao
      @aaron_yao  8 місяців тому +1

      I'd say reading is the number one thing - textbooks, news articles, Investopedia, etc. I do learn a lot from my day to day work but often times I still need external sources to develop my knowledge.

  • @thouhid18
    @thouhid18 9 місяців тому +1

    Great vid

  • @lexogk1393
    @lexogk1393 9 місяців тому +1

    Nice Video, I would love to see a video from you with tips on how to learn about economics, finance, markets, IB and more for free. I am currently doing my A-Levels and want to get into the field; how can I prepare?

    • @aaron_yao
      @aaron_yao  8 місяців тому +1

      That's a good video idea! In terms of advice, I'd say just read and learn as much as you can whether it be from books, financial news, or web resources like Seeking Alpha or Investopedia.

    • @lexogk1393
      @lexogk1393 8 місяців тому

      @@aaron_yao thanks, will have a look into it :)

  • @_saitama_0
    @_saitama_0 9 місяців тому +1

    Wait! I am not a computer science student. I don't know coding. Should I do FRM ?

  • @DTsoumpas
    @DTsoumpas 2 місяці тому

    Great video!

  • @MoffaMutwiri
    @MoffaMutwiri 9 місяців тому +1

    Cool vid

  • @JavierGonzalez-w1o
    @JavierGonzalez-w1o 3 місяці тому

    What is your opinion on the automation of jobs within Financial Risk Management?

  • @sutirthasarkar4189
    @sutirthasarkar4189 4 місяці тому

    Hi, can ai take over risk management jobs in future? What's your take on this?

    • @aaron_yao
      @aaron_yao  3 місяці тому +1

      I think it will be a while before risk managers are completely replaced by AI although certain parts of the job like coding, news synthesis, are already augmented by the use of AI. But you still need a human to direct such tasks.

    • @sutirthasarkar4189
      @sutirthasarkar4189 3 місяці тому

      @@aaron_yao thanks for your response

  • @terme-nator_
    @terme-nator_ 9 місяців тому +1

    W video

  • @nathanchoi99
    @nathanchoi99 9 місяців тому +1

    POV at 10:38 😵😵