There are number of risks in an organisation and it is mandatory to have one person who is able to manage all such risks. Financial risk is one of major risk and growth and development of organisation is depends on this. Various types of risk are discussed here so that employee may know name of risks: credit risk, operational risk, market risk, shape risk, volatility risk, liquidity risk, legal risk, reputational risk and business risk. Financial risk is the main of all above given risks. There is need a person who will be able to manage financial risk and known as financial risk manager. This designation in an organisation is valuable designation because you will have detailed information about economic status of the organisation. Candidates, who are interested for financial risk manager designation, may take financial risk manager FRM level 2 training. Candidate will get frm level 2 training certificate which is authorized by GARP (Global Association of Risk Professionals).
Candidate, who get frm level 2 training from any institute and will level 2 exams, will have solid information about controlling, principles of analyzing, market risk, potential credit risk, liquidity risk as well as other non market related risks. FRM level 2 certified candidates will evolve and face all challenges in different financial scenarios. In this risk management course, two parts will be there. One part of this course consists information related to credit, market, integrated risk management, operational risk management and investment management while another part has practical knowledge for application tools. Successful candidates will take two years t complete this financial risk management course.
Jobs in Financial Risk Management
Suppose, any candidate is thinking about to complete FRM level 2 certification, then he or she may have more queries in their mind related to job options. Do not worry because each organisation has one risk management department. But number of employees in that risk management department depends on the size of organisation. Position for risk management department include head of operational risk management, head of market management and head of credit risk management. Each head for different position check company policies for risk management and also check how to handle individual risk in the organisation.
After completing your FRM level 2 training from any online course, you will get detailed information about risk management. If you want to join any association which is belong to financial risk management, then candidate must give exam for GARP association. GARP is Global Association of Risk Professionals and all FRM certified candidates are eligible for this.
There are number of training center available online and offline also. It is your choice that how you want to get trained for financial risk management. We will advise you to join online training center so that you do not need to go anywhere and may also able to watch all video lectures at sitting your home. You will have bight career in this field if you also clear GARP exam and join this association.