From the periphery to prime time

People knows that banks are in the business of helping customers with their financial needs. Equally important, banks are in the business of managing risk. Over the course of the author's 33-year career in banking, the business of understanding, quantifying, and mitigating risk has grown expone...

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Bibliographic Details
Published in:The RMA Journal 2013-10, Vol.96 (2), p.8
Main Author: Loughlin, Michael J
Format: Article
Language:English
Subjects:
Associations
Banking
Careers
Financial institutions
Financial services
Risk management
Online Access:Get full text
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Summary:People knows that banks are in the business of helping customers with their financial needs. Equally important, banks are in the business of managing risk. Over the course of the author's 33-year career in banking, the business of understanding, quantifying, and mitigating risk has grown exponentially. That's why he is so excited and honored to be serving as chair of The Risk Management Association in its centennial year. An organization does not survive -- and thrive -- for 100 years without serving a vital role, and RMA is more vital than ever. The need for enthusiastic, professionally trained risk managers continues to grow as their industry faces more regulation and an increasingly interconnected and complex global economy. By committing to bettering their careers and improving their professional abilities and skill sets, the members of RMA have elevated risk management to the prominent position in financial services that it occupies today.
ISSN:1531-0558