Financial risk management

Financial risk management is the process of identifying, assessing, and mitigating financial risks. This includes assessing the likelihood of financial losses, identifying potential risks, and developing strategies to reduce or prevent them.

Beginner competence definition

Beginners understand the basic concepts of financial risk management and its importance in protecting a business from financial losses.

Intermediate competence definition

Intermediate-level professionals have the ability to identify and assess financial risks, including the use of tools and techniques to measure and analyze risk.

Advanced competence definition

At an advanced level, professionals have an in-depth understanding of financial risk management principles and the ability to develop and implement effective risk management strategies.