WKBT
April 12, 2021 8:50 AM
David Lavie - Forbes Advisor
Posted:
Updated:
April 12, 2021 2:06 PM
Risk is the chance that an investment’s actual performance could differ from its expected return. Assessing and managing risk is one of an investor’s main jobs, whether they’re individuals or giant financial companies. Financial risk manager is an accreditation for financial professionals who are trained to help institutions identify, measure and manage risk.
What Is a FRM?
FRM stands for financial risk manager, a certification offered by the Global Association of Risk Professionals (GARP). Recognized in every major market and consistently in demand by nearly all big banks and other financial firms, the FRM certifies the holder’s command of risk-management concepts.