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Wealth Management Risk Managers

Exploring This Job

There are many ways to learn about a career in risk management. One of the easiest ways to do so is by reading books about the field. Here are two suggestions: The Essentials of Risk Management (McGraw-Hill Education, 2014) and Risk Management and Financial Institutions (John Wiley & Sons, 2018).

Some colleges have risk management clubs for business students. Check with your school to see if it has such a club, or at least a business club, that you can join. Consider competing in the Spencer-RIMS Risk Management Challenge (https://www.rims.org/community/students/spencer-rm-challenge), a competition for college students in the U.S. and Canada that will help you to develop your risk management skills.

Nearly every organization—whether it’s a university, wealth management firm, government agency, or a corporation—has risk management protocols in place (many of which are posted online). After reviewing a few of these plans (and the aforementioned RM books), try to create a risk management plan for a school event. 

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