{
  "slug": "risk-management",
  "name": "Risk Management",
  "description": "Quantification, monitoring, and mitigation of portfolio risk — VaR, ES, drawdown, scenario analysis, stress testing, and counterparty risk.",
  "key_concepts": [
    "VaR",
    "Expected Shortfall",
    "stress testing",
    "drawdown",
    "tail risk",
    "counterparty risk"
  ],
  "core_questions": [
    "How is parametric VaR computed?",
    "Why is Expected Shortfall coherent and VaR is not?",
    "What stress scenarios should a multi-strategy fund run?"
  ],
  "related_categories": [
    "quantitative-finance",
    "fund-operations"
  ],
  "term_count": 79,
  "key_terms": [
    "aggregation",
    "backtesting",
    "basis-risk",
    "black-swan-event",
    "bona-fide-hedging",
    "climate-risk",
    "component-var",
    "concentration-risk",
    "conditional-value-at-risk",
    "correlation",
    "counterparty-risk",
    "covariance",
    "credit-risk",
    "cross-margining",
    "cross-hedge",
    "default",
    "delta-hedge",
    "delta-margining",
    "documentation-risk",
    "double-hedging"
  ]
}