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Never has the role of the risk manager been as important as it is today. Once largely associated with the finance function, the risk management function is now firmly entrenched as a board-level concern and the profile of risk managers has never been higher as stockholders, boards of directors, and regulators demand better, more timely, analysis of risk and a deeper understanding of the how the business is impacted by a rapidly evolving, global risk environment.

Going forward, risk will no longer be seen as merely loss avoidance and compliance. It will, instead, evolve to  become a core business practice. Driven by the Board of Directors, risk management will emerge as a more strategic function embedded at every level of the organization.

Embedding risk managers within individual business lines and across the organization will lead to a greater understanding and awareness of risk as a driver of business performance.

Your membership in GARP demonstrates to the profession that you have gained sufficient insight into the practice of financial risk management and that you are applying yourself in your personal and professional development.

Your continued participation is GARP activities will benefit you, your colleagues and your company by helping you deepen your knowledge and develop your individual competencies.

We hope that you will continue your membership with GARP.

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Articles

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