According to the U.S. Bureau of Labor Statistics, financial risk managers are in high demand. In fact, employment in this field is projected to grow 16% from 2018 to 2028, much faster than the average for all occupations. But, what exactly is this role, and how does one land a job in this industry?
What is a Financial Risk Manager?
Financial Risk Management (FRM) is a field in which specialized knowledge is used to assess risk for major banks, insurance companies, accounting firms, regulatory agencies, and asset management firms.
How do you become a Financial Risk Manager?
To become a certified FRM, an individual must pass a two-part exam and complete two years of work experience within the field.
How much money do Financial Risk Managers make?
According to the U.S. Bureau of Labor Statistics, financial risk managers make, on average, $127,990 a year.
How can I get started?
If you are serious about a career in financial risk management, then online training is a great place to get started. One of our favorites is The Complete Financial Analysis & Risk Management Certification Bundle—a $40 (97% off) training broken down into 8 courses, each covering a different aspect of the FRM certification exam.
What will I learn?
The FRM Exam covers the application of risk management tools and techniques, testing your ability to assess financial risks through quantitative analysis, fundamental concepts, financial markets, and risk models. With this training bundle, you will spend 20+ hours honing these skills with the help of real-life examples, practice questions, and hands-on activities.
One of the things that make this training stand out from competitors is that it is taught by an expert in the field. Meet James Forjan, a 4.1/5-star rated instructor who has taught more than 10K students. Not only is he a great teacher, but as someone who has taken the exam and passed, he will be able to provide the most practical information that will help you succeed.