Businesses can detect and mitigate a variety of risks with the assistance of risk managers who play a broad variety of roles within enterprises. A financial risk manager is one of the most prevalent positions in the risk management arena. These positions are responsible for modeling different types of risk, determining how the institution might be impacted by changes in the financial markets, regulations, and other factors, and making sure that businesses don't take on more debt than they can handle. There are numerous additional specialized positions in the risk industry, such as credit and operational risk. In recent years, the profession has expanded to encompass opportunities in cutting-edge fields like cybersecurity and climate change risk. All risk managers work to identify and reduce the threat of various risks so that businesses can continue to concentrate on their more important goals. Wish to know more about FRM courses? Reach out to Miles Education.