I’ve argued for some years that there is no one skill set that qualifies a person for risk management responsibilities. Much depends on the nature of a particular organization and on the specific risks that loom large on its horizon. An energy company needs someone versed in energy trading.
A financial institution manager must understand credit and market risk analyses and derivatives.
In the public policy arena, decisions on risk issues require the most sensitive forms of communication with various interest groups.
In agriculture, weather is the dominant risk.
For an insurance company, the knowledge of an actuary may position that person for CRO responsibilities.
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