http://acf.ch/wp/?m=wonga-fast-little-loans-sa Risk management is essential thanks to the growing need of volatile market and economic up downs. The opening up of markets for foreign investors and rising MNCs also increase the need to analyze the risks and develop risk mitigation plans. Let’s explore the job profile of a risk manager.
Most firms, whether financial or otherwise, have risk teams that assess and manage Financial Risks. Several firms have dedicated teams for each type of risk such as a Credit Risk team, an FX Risk team, an Operational Risk team and so on. Therefore, an FRM designation holder is sought after widely across industries and sub verticals like:
Banks and Financial Institutions that need to assess and manage all sorts of Financial Risk
Other firms that are interested in managing their financial exposure related to foreign exchange or markets etc.
Consultants that advise clients on Risk Management
Over 95% of the top 20 companies employing the most Certified FRMs are global Banks / Investment Banks.
In short, the profile of a FRM is is for those who’ve keen interest in analyzing and assessing risks, taking steps to mitigate the risks, etc.