Risk Manager

(redirected from Risk Managers)

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.
References in periodicals archive ?
The more challenging role for risk managers will be to instill the plan into everyone's consciousness and to be an agent of change who heightens everyone's awareness of the plan.
The RIMS Benchmark Survey[TM] is the industry's leading comprehensive survey of current policy renewal prices as reported by corporate risk managers.
However, according to the annual "Excellence in Risk" survey conducted by insurance broker Marsh and RIMS (the publisher of this magazine), risk managers and the C-suite have different ideas about what this new role actually entails.
PHILADELPHIA--Chief executives and risk managers see eye-to-eye on necessary risk-professional skill sets, but gaps remain between how the two view the role of risk managers, a survey says.
According to the study, risk managers are aware of the heightened threat of cyber attacks their businesses face, but even still, a large portion of them don't believe they are doing enough to combat that threat.
The only specific guidance regarding IC for risk managers appears in the Federal Reserve Board's October 2011 horizontal review on incentive compensation practices.
In his opinion, only 20% of today's risk managers are functioning as what he calls true risk managers--being involved in decision making, planning and elevating the goals of the company.
For a clear picture of the risks, and to turn the data into actionable information, risk managers need to collect the proper data and to communicate it clearly to the C-suite.
com)-- Interactive Security LLC and Cyber Data Risk Managers LLC today have announced their strategic partnership.

Full browser ?