By the turn of the new millennium many firms had credit, market, and operational risk functions in place. It was the great financial crisis of the late 2000s that accelerated this trend.
Driven by an understanding that a more holistic view of risk management was required, there is an increase in the types and amounts of risk categories being managed by firms. As a result, many managers require their teams to understand risk management and their roles and responsibilities related to it.
Gain valuable knowledge with the Fundamentals of Risk Management, written by Justin C McCarthy, and the related resources provided by PRMIA at www.prmia.org
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