Management Services Journal In order to download the current issue of Management Services Journal, you will need the password. Please contact IMS Administrator Lynette Gill on 01543 266909 to obtain the password. The latest issue is available to members only. Management Services Journal is a quarterly publication distributed exclusively to members of the Institute of Management Services. The magazine publishes empirical and theoretical articles dealing with methodologies and techniques relevant to productivity and quality improvement in British businesses and the public sector. Subjects covered include lean manufacturing, production management, business strategy, employment law, human resource management, new technology, e-business, a diary of UK and international conferences and exhibitions and much more. The editor welcomes editorial contributions on productivity and management services issues, events and conferences, of interest to senior management personnel.
Risk manager: Job description Risk managers advise organisations on any potential risks to the profitability or existence of the company. They identify and assess threats, put plans in place for if things go wrong and decide how to avoid, reduce or transfer risks. Risk managers are responsible for managing the risk to the organisation, its employees, customers, reputation, assets and interests of stakeholders. enterprise risk; corporate governance; regulatory and operational risk; business continuity; information and security risk; technology risk; market and credit risk. Typical work activities Specific tasks depend on the industry in which you are working, how specialised your role is and the level at which you are working.
Financial risk analyst: Job description Case studies Analyst: Mary Financial risk analysts identify and analyse the areas of potential risk threatening the assets, earning capacity or success of organisations in the industrial, commercial or public sector. They are sometimes called risk managers, risk technicians or risk surveyors. They have the responsibility of forecasting cost to the organisation and predicting change and future trends. There are high degrees of specialisation within the profession. credit; market; operational; regulatory. Financial institutions are required to manage market and credit risks daily. An alternative but similar role to financial risk analyst is that of the credit analyst in which the creditworthiness of a business is calculated and a probability of payment determined. Typical work activities A financial risk analyst's role is to formalise the process of risk management within an organisation. Work activities depend on the nature and business of the employer, but tasks typically involve:
Risk management Risk is part of life. Avoiding all risk would result in no achievement, no progress and no reward. IRM defines risk as "The combination of the probability of an event and its consequence. Consequences can range from positive to negative." Risk management is the systematic process of understanding, evaluating and addressing these risks to maximise the chances of objectives being achieved and ensuring organisations, individuals and communities are sustainable. To be effective, risk management must be proportionate to the size and nature of an organisation. Enterprise risk management (ERM) refers to an integrated or holistic approach to managing risk across an organisation, using clearly articulated frameworks and processes led from board level. Our International Certificate and Diploma qualifications provide the comprehensive knowledge and practical skills to support those who operate in risk management.
GARP - Global Association of Risk Professionals Case studies: Risk advisor: Adam Skene Adam explains how skills gained from his politics and international relations degree have been essential in his risk management career… How did you get into risk management? After I graduated from the University of Aberdeen with an MA in Politics and International Relations, I completed a two-day introductory course to risk management through the Institute of Risk Management (IRM). I then submitted my updated CV to the Head of the IRM North East Scotland regional group to distribute to members. Following this, I was contacted and offered a role in Norwich. How relevant is your degree to your job? It has been vital. The geopolitical landscape is always changing and providing new challenges for a security risk manager What is a typical day like for you? My role as a risk advisor for the Harnser Group involves carrying out security risk assessments in different sites, usually forming part of a particular country's critical national infrastructure. What are your career ambitions?
How I got my job: Threat Analyst Joshua Jervis graduated from Leeds this summer with a degree in International Relations. He is now working in Leeds as a Threat Analyst with Maxwell Lucas. In this post he explains how his career interests developed and shares his advice for other students. My Role I am currently the Asia Pacific Threat Analyst for Maxwell Lucas in Leeds (part of Healix International). I find myself using skills I gained throughout my degree programme daily. Whilst many students go into roles where the knowledge acquired from their degree is not utilised everyday, the skills you gain through independent study and research are widely transferable and will be useful in any employment. How I got my job? When I applied to study International Relations at the University of Leeds, I had very little idea of what I wanted to do and where such a course could take me. Upon graduation, I found myself applying for an array of jobs and graduate schemes and found the whole process bemusing. Top Tips Experience: Interest:
Compliance officer job profile | Prospects.ac.uk Risk and compliance is one of the fastest growing areas of employment within the finance sector and is a popular choice with graduates who have an eye for detail As a compliance officer, you are responsible for ensuring a company complies with its outside regulatory requirements and internal policies. In short, you are responsible for making sure that your employer plays by the rules. After the global economic downturn, financial service organisations in particular have been significantly increasing the size of their risk and compliance departments to respond to new regulations. Billions of pounds in fines were imposed on many of the top tier banks, compelling many to grow their teams as they rushed to ensure they are compliant. Types of work As a compliance professional, you have the opportunity to work in a broad range of industries as most sectors now face some level of regulation. Your role in compliance may vary as there are a number of specialist areas you may choose to pursue: