FRM or Financial Risk Management is an advanced certification in the field of finance. A FRM professional is essentially responsible for foreseeing, analysing and controlling various credit and market risks that the firm may be exposed to in the process of creating value. Not only that, a Financial Risk Manager is responsible to assess and take suitable measures to control Inflation risk, Sector risk, Foreign exchange risk, Volatility risk, Shape risk, Liquidity risk etc. Why FRM certification is needed? While any finance professional, having extensive knowledge about the fields of economy and finance can work as a Financial Risk Manag
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FRM or Financial Risk Management is an advanced certification in the field of finance. A FRM professional is essentially responsible for foreseeing, analysing and controlling various credit and market risks that the firm may be exposed to in the process of creating value. Not only that, a Financial Risk Manager is responsible to assess and take suitable measures to control Inflation risk, Sector risk, Foreign exchange risk, Volatility risk, Shape risk, Liquidity risk etc. Why FRM certification is needed? While any finance professional, having extensive knowledge about the fields of economy and finance can work as a Financial Risk Manager, most reputed risk management firms give immense value to a FRM credential. Thus, FRM certification is a must for any aspiring Financial Risk Manager. The credential gives one in-depth understanding of world economy, financial markets and products, various risk models etc. Although the certification gives rigorous knowledge about risk management, one has to be capable of taking calculated risks while working under tremendous pressure in order to succeed as a FRM professional. Career opportunities in India after FRM is a highly sought after credential throughout the world. While large-scale risk management firms remain as major employers of FRM professionals, one can work as a freelance Financial Risk Manager too. Although most major corporations and investment bankers take FRM services from risk management firms, few employs FRM professionals under their pay roll too. After receiving the FRM certification one can aim for positions such as Risk Quantification Manager, Credit risk specialist, Market risk specialist, Enterprise Risk Manager, Operational risk analysts, Regulatory risk analysts etc. The remuneration and other perks for FRM professionals are generally quite high. Most of the job profiles require extensive travelling and high pressure working environment too. However, if finance is your passion and calculative risk taking your speciality, then career as a FRM professional can be highly rewarding for you.
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