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Job Survey: Risk Advisor

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Location: Jacksonville, FL
Company: Wachovia Bank
Experience: Mid-level
Highest Level of Education: Undergraduate Degree



Job Responsibilities
Maintaining a portfolio of commercial banking customer. Entails renewing credit facilities, performing reviews of client financial performance on a routine basis. Assisting sales team on new deals.
Job Requirements
Must have an undergraduate degree. I went through an associates program that provided me with job specific training, such as credit analysis, learning how to use the systems, etc. Following this position my next step would be as a Risk Manager, where I would be able to underwrite new deals. After Risk Manager I would be become a Relationship Manage, which is a sales position.
Uppers
Interacting with both internal and external customers and getting to learn about different industries and how different people make money.
Downers
Writing analysis.
Lifestyle
I am in the office M-F 8-5. Rarely do I work weekend hours and I travel approximately 2 nights a year.
Compensation
Full medical and dental benefits, pension, 401(k) plan, transportation, dependent care, medical spending accounts, and tuition reimbursement. Base salary of $53,000 per year, with eligibility for annual bonus (avg. $5,000 the last 3 years), and annual merit raises (approx. 3% annually).
Advice to Jobseekers
Definately not a position that a recent college grad could field. Would have to enter some type of training program that would lead to this field. Would have to love to analysis numbers and must be able to make solid credit decisions.

This Risk Advisor career survey is just one of 1000s of exclusive career surveys available on Vault. Find out what it's actually like on the job with Vault's job surveys.

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