Describe each of these risks in detail
Please prepare a comprehensive 15 page report with “proper citations” on the above referenced risk and:
● Describe each of these risks in detail
● Describe what firms are doing to protect themselves with respect to these risks (best practices).
Top 6 risks in financial industry
One of the of most important questions you will face in interviewing for a position in
Audit / Risk Management at Goldman, Morgan, Merrill or any firm is “what are the top
risks facing financial institutions today”.
The top risks include:
● Technology & Cyber security risk
● Reputational Risk
● Operational Risk
● Market Risk including GeoPolitical Risk
● Liquidity Risk
● Compliance & Regulatory Risk
Please prepare a comprehensive 15 page report with “proper citations” on the
above referenced risk and:
● Describe each of these risks in detail ● Describe what firms are doing to protect themselves with respect to these
risks (best practices).
Purpose of Assignment -Practice researching skill
-Enhance report writing level
-Obtain deep understanding regarding financial industry information