Goldman Sachs interview question

Q. Why Risk? How do you fit in?

Interview Answer

Anonymous

Mar 6, 2021

I think risk analysis is a key part of any functioning economy and company. The 2008 recession is proof that poor risk analysis (driven by Fannie Mae and Freddie Mac backing the loans) leads to large amounts of defaults, losses, and write-offs. I want to be part of an adequate evaluation of risk.