Risk Manager

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Risk Manager

A professional who identifies risks to an investment and, if possible, attempts to mitigate them. The first stage of risk management is determining the types and magnitudes of risk. For example, a risk manager might look at a bond and identify the possibility of default as a risk and evaluate the likelihood of that scenario. The second stage is taking steps to remedy risk, insofar as it is possible. In the above example, the risk manager might recommend buying other bonds to offset the risk of default on any single bond. Sometimes risk cannot be mitigated; in that case, risk managers evaluate how central the investment is to one's investment goals and risk tolerance. In general, investors seek the highest possible return at the lowest possible risk. Risk managers help them achieve this goal by showing how their investments may be affected and finding ways to alleviate the situation.

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They simply have to," said Peter Rosiere, an experienced risk manager for a large services company.

Raising the bar: brokers are deploying analytics and subject matter experts as they respond to increasingly demanding risk managers

Strange words coming from Good, a career risk manager who now serves as an independent insurance risk consultant after a 33-year stint with Rohm and Haas, a manufacturing company in Philadelphia.

Is risk management obsolete? The last to be consulted and the first to be blamed, risk management has struggled to show its relevance

The risk manager for the City of Virginia Beach, Va.

RISK & INSURANCE MANAGEMENT SOCIETY REPORTS ON ITS 30TH ANNUAL MEETING; OLD AND NEW PRESIDENT'S SPEECHES HIGHLIGHTED

The risk manager creates a program to manage the wind farms' risks.

Guaranteed WindPower

According to Al Ware, senior risk manager at Space and Naval Warfare Systems Command, Charleston, S.

Risky business

and Enbridge Gas Distribution have signed an agreement to use Active Risk Manager to support the implementation of its new enterprise risk management strategy and process.

Strategic Thought, Enbridge Gas

IT may perceive the risk manager as a deterrent in bringing an application forward and on time.

Managing e-business risk to mitigate loss: along with the speed and convenience of e-business come new risks, such as identity theft and cyberextortion. Technology has increased the amount of confidential information at risk, and can exacerbate financial and reputational loss

It shows that a wide gulf exists between the corporate risk manager and the IT manager when considering cyberrisk.

Ignoring the new frontier. (Tech Talk)

Says Lance Ewing, risk manager for Las Vegas-based GES Exposition Services, "Risk management is not risk avoidance.

Measuring risk: enterprise risk management takes a holistic approach

Should a disaster occur, the department would first receive $150 million from one underwriter, then an additional $200 million from a second group, said Susan Fields, a risk manager.

LLOYD'S FASHIONS SOLVENCY SOLUTION : REINSURANCE FIRM WOULD GET DEBT

Even armed with this knowledge, most CPAs ultimately will want to rely on business insurance experts and recommend the client engage an insurance broker or risk manager to see if there really is the potential for a loss and if coverage is appropriate.

Insurance for business needs

A risk manager or other nonattorney investigator who works under the direction or control of an attorney will be considered an extension of the attorney, performing tasks that the attorney would otherwise have to perform.