---
title: "Business: The Risk Management Association’s Approach To Taming Risk"
id: "50739"
type: "post"
slug: "business-the-risk-management-associations-approach-to-taming-risk"
published_at: "2020-08-12T15:05:47+00:00"
modified_at: "2026-11-09T15:52:49+00:00"
url: "https://associationsnow.com/2020/08/12/business-the-risk-management-associations-approach-to-taming-risk/"
markdown_url: "https://associationsnow.com/2020/08/12/business-the-risk-management-associations-approach-to-taming-risk.md"
excerpt: "The Risk Management Association educates financial institutions about new and complex types of risk so they can assess risk accurately, lend securely, and help local businesses thrive."
taxonomy_category:
  - "Learning"
taxonomy_post_tag:
  - "AssociationsNow"
  - "centennial"
  - "Employee Training"
  - "Established CEO"
  - "financial stability"
  - "Risk Management"
  - "Technology"
taxonomy_content_format:
  - "Article"
taxonomy_role:
  - "Association CEO / Executive Director"
  - "C-Level"
  - "Executive Team"
  - "VP"
taxonomy_persona:
  - "Executive Leadership"
---

[Home](https://associationsnow.com/)
 » [Articles](https://associationsnow.com/format/article/)
 » Business: The Risk Management Association’s Approach To Taming Risk

*Business • Risk Management Association*

“No Bank Failures Recorded in 20 Years.” That’s the headline that Nancy Foster wants readers to see on The Wall Street Journal one day, brought about at least in part because her organization helped financial services professionals excel at managing risk.

Foster is president and CEO of the Risk Management Association, which has been ramping up its education and training activities to serve financial institutions that face a greatly diversified slate of risks, from traditional credit and market risks to new ones that past generations of bankers had no inkling of, like cyber risk. In addition to training, RMA provides underwriting tools and decision-making frameworks to help members make sound risk assessments.

“In the future, our members’ ability to assess and manage risk will bring stability to our global financial system and all the local and global environments they serve,” Foster says. “Simply put, more companies will be able to keep their lights on.”

(Fokusiert/iStock/Getty Images Plus)

[Julie Shoop](https://associationsnow.com/author/julie-shoop/)

Julie Shoop is a former editor-in-chief of Associations Now in Washington, DC.

[More articles by this author](https://associationsnow.com/author/julie-shoop/)

Tags: [#centennial](https://associationsnow.com/tag/centennial/)
 [#Employee Training](https://associationsnow.com/tag/employee-training/)
 [#Established CEO](https://associationsnow.com/tag/established-ceo/)
 [#financial stability](https://associationsnow.com/tag/financial-stability/)
 [#Risk Management](https://associationsnow.com/tag/risk-management/)
 [#Technology](https://associationsnow.com/tag/technology/)

**Stay Informed**

[Subscribe to our free newsletter](https://associationsnow.com/newsletter/)
, *Associations Now Daily News*, to find out what’s happening in the association world every business day.

## You Might Like

- [VideoASAE Research Foundation and MPI Foundation on Neurodiversity in AssociationsDecember 15, 2025](https://associationsnow.com/2025/12/15/asae-research-foundation-and-mpi-foundation-on-neurodiversity-in-associations/)
- [VideoWelcome to ASAE AcademyMarch 19, 2025](https://associationsnow.com/2025/03/19/welcome-to-asae-academy/)
- [VideoAmerican College of Emergency Physicians: ACEP Geriatric Emergency Department Accreditation ProgramSeptember 24, 2026](https://associationsnow.com/2026/09/24/american-college-of-emergency-physicians-acep-geriatric-emergency-department-accreditation-program/)
- [PodcastWhy Associations Must Rethink Learning and Community TogetherMarch 26, 2026](https://associationsnow.com/2026/03/26/why-associations-must-rethink-learning-and-community-together/)

## Comments

**Comments are for ASAE members.** [Learn more about comments on this site.](https://associationsnow.com/comments/)

[Log in](https://associationsnow.com/login?redirect_to=https%3A%2F%2Fassociationsnow.com%2F2020%2F08%2F12%2Fbusiness-the-risk-management-associations-approach-to-taming-risk%2F%23comments)
 to your member account or [join ASAE](https://my.asaecenter.org/select-a-membership-type/)
!