Advancement Prospects
A risk associate can either move to different hedge funds and investment banks or remain at the same firm and advance to the positions of risk manager and then chief risk officer. Some risk professionals move into the trading area because these two areas work very closely together. Experienced and extremely skilled risk managers can eventually become partners in a hedge fund.
There are also opportunities outside the hedge fund industry. Risk managers can find good career options in the insurance industry, become independent consultants, or even advance to CEO or chief financial officer positions.
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