The Institute of Risk Management (IRM) is pleased to see the new Financial Reporting Council (FRC) Corporate Governance Code places greater focus on risk.

Like a lot of professional bodies, it’s not just the qualifications that are important, but the access that being a member grants you to publications, websites, magazines and networking opportunities with other members are really useful. My membership has really helped me, both for sitting exams and getting a greater understanding of risk management in general. Being a qualified risk practitioner and member of the IRM also shows that a career in risk is worth it along with job satisfaction and professional recognition.

My IRM qualification provided me with theoretical concepts about risk and risk management. I use this every day in advising management about different ways of applying the risk management model to their everyday activities or problems. It also provided me with practical approaches in how to design and implement risk management frameworks, and how to unpick regulations in order to build the component parts of a control framework. I have been lucky enough to have the opportunity to translate these practical approaches to my work environment in transformation programmes, off-shoring, regulatory changes and financial reporting oversight.