CAREER OPPORTUNITIES/DEVELOPMENT in RISK MANAGEMENT     Risk management is a growing area of employment with tremendous career prospects and risk specialists can now be found in various management positions working in a wide range of organisations in both the private and public sectors: medium to large-sized commercial and industrial organisations; local authorities; educational institutions; manufacturing companies; insurance companies; banks and other financial institutions. Specialist risk consultancies are also on the rise and these offer risk management specialists the opportunity to move into the lucrative area of consultancy. Self-employment/freelance work is a viable option on a consultancy basis, although considerable experience and expertise would be required. Risk management specialists are well prepared to be decision makers and assume leadership roles in their organization. In large organisations there will be scope for lateral and vertical move internally to other senior management positions. Progression may require moves between organisations. The rise of new uncertainties and the resulting new corporate governance requirements have given risk management specialists a higher profile within organisations giving them a competitive edge over their colleagues. To quote Warren Buffet: 'In future It is expected that a risk professional to be a prominent member of many boards in the shape of a chief risk officer or director of risk, assuming a visionary role and imparting risk management strategies and skills to senior managers across all divisions.'   Go to Risk Analyst © copyright 2003 arimi. ARiMI is supported by IIA and CARM Institute