Risk management is a career path focused on compliance and strategy. Risk managers identify and assess factors that can contribute to risk or liability for an organization. Risk at the organizational level includes finances, strategy, operations, information technology and reputation.

Importance of Risk Management

• They provide a thorough evaluation of proposals and projects, offering a comprehensive review of benefits and potential drawbacks before the project begins. These reports assist companies in making informed decisions about project implementation.
• Risk and compliance professionals often create response plans in advance of adverse events, studying the likelihood of certain events and establishing policies and procedures so that the organization can be prepared in an emergency situation.
• Risk managers carefully examine corporate law, keeping up-to-date with industry-relevant laws and bylaws to ensure that companies can operate with confidence.
• They also study market trends and consumer buying demands, reporting on this information and advising on policy and strategy so that companies can connect with their clients and maintain a positive reputation.

Careers in Risk Management include

• Risk Manager
• Claims Investigator
• Loss Control Representative
• Sales Manager
• Advertising, Promotions or Marketing Manager
• Cost Estimator
• Management Executive
• Management Analyst
• Financial Examiner