Discover your dream Career
For Recruiters

Risk salary and bonus survey

A new salary survey from recruiters PSD Group shows that risk managers did get bonuses last year, but they were considerably lower than in 2008. This was particularly so for quantitative risk analysts, whose bonuses were halved (at least).

Risk salaries and bonuses, 2008 vs. 2009

Risk pay

Source: PSD Group

Click here to see the PSD Group's full risk survey release.

author-card-avatar
AUTHOReFinancialCareers UK Insider Comment
  • Y2
    Y2CE
    19 May 2009

    why the hell did you end up in credit risk? extreeme booring job... extreme dull , lots of stress and no respect for poor pay

  • Ak
    Ak
    18 May 2009

    This is unbelievable. I come here once a month to check how the job market is moving in my field and no matter which article I read, "Henry" is always there, making an absurd comment as if he has a PhD in astrophysics from Harvard and earns a billion a year or something.

    Which makes me think that there are 5 possibilities:

    1)Henry is unemployed and is always on-line trying to find a job
    2)Henry is employed BUT is trying desperately to find a new job
    3)Henry is a head-hunter without any vacancies to fill
    4)Henry is on this site all day trying to make others feel bad

    In all of the above cases, it makes you wonder who on their right mind would do something like that every single day? Get a life mate or consult a psychologist.

    Of course there is another possibility:

    5)Every self-obsessed and pathetic individual in this world is signing as Henry (High Earner... and all that) trying to signal that he had done something with his life.

    Which implies that there might be a lot of people in need of help out there...

  • po
    ponterotto
    18 May 2009

    " I've seen payslips "
    how dodgey is that?

  • Sa
    Sarah, Editor, eFinancialCaree
    18 May 2009

    @djm. I'm afraid that we don't have that level of granularity - we'd need figures for risk pay on a bank by bank basis and we only have figures for risk pay averaged across the industry. Sorry to disappoint you.

  • dj
    djm
    18 May 2009

    I think more interesting than the averages here would be the variance - and there seems to be plenty of it, judging by the comments.

    I would like the correlation between risk compensation (either in absolute terms or taken as a %ge of front office), and the returns on the investment banking unit as a whole.

    Sarah, your guidance please!

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.

Sign up to Morning Coffee!

Coffee mug

The essential daily roundup of news and analysis read by everyone from senior bankers and traders to new recruits.