Financial Risk Managers (FRM)

Financial Risk Managers (FRM) are professionals who specialize in identifying, analyzing, and mitigating financial risks that organizations face. These risks can come from various sources, such as market fluctuations, credit issues, or changes in regulations. FRMs use their expertise to help companies make informed decisions, develop strategies to minimize losses, and ensure compliance with financial regulations. They usually hold a certification from the Global Association of Risk Professionals (GARP), which signifies their knowledge and competency in the field of risk management. Essentially, FRMs play a crucial role in protecting an organization’s financial health.