A Practical Guide to Risk Management

228 Pages Posted: 29 Mar 2015

See all articles by Tom Coleman

Tom Coleman

Close Mountain Advisors LLC

Date Written: July 27, 2011

Abstract

Managing risk is at the core of managing any financial organization. Risk measurement and quantitative tools are critical aids for supporting risk management, but quantitative tools alone are no substitute for judgment, wisdom, and knowledge. Managers within a financial organization must be, before anything else, risk managers in the true sense of managing the risks that the firm faces.

Keywords: risk management, systemic risk, quantitative tools

JEL Classification: G00

Suggested Citation

Coleman, Tom, A Practical Guide to Risk Management (July 27, 2011). CFA Institute Research Foundation M2011-2. Available at SSRN: https://ssrn.com/abstract=2586032

Tom Coleman (Contact Author)

Close Mountain Advisors LLC ( email )

15 Grigg St.
Greenwich, CT 06830
United States

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