Certification, Licensing, and Special Requirements
Certification or Licensing
Several associations offer certification programs for risk management professionals. For example, the Global Association of Risk Professionals offers the financial risk manager (FRM) credential. According to the association, “earning the FRM signals to employers that you are serious about risk management and that you have had your knowledge validated against international professional standards.” To learn more about the FRM credential, visit https://www.garp.org. Other certification credentials are offered by the:
- National Alliance for Insurance Education & Research (certified risk manager, https://www.scic.com/crm)
- RIMS—The Risk Management Society (RIMS-certified risk management professional, https://www.RIMS.org/certification)
- Professional Risk Managers’ International Association (professional risk manager, https://www.prmia.org)
Some firms seek risk managers who have earned the chartered financial analyst credential, which is administered by the CFA Institute (https://www.cfainstitute.org/en/programs/cfa).
Related Professions
- Chief Information Officers
- Financial Quantitative Analysts
- Tax Managers
- Wealth Management Accountants
- Wealth Management Analysts
- Wealth Management Associates
- Wealth Management Compliance Professionals
- Wealth Management Investor Relations Specialists
- Wealth Management Lawyers
- Wealth Management Managing Directors
- Wealth Management Vice Presidents
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