How Career Prospects are Looking in Risk Management
17 May 2019
“There is a shortage of supply [of risk managers], so if anybody is looking for a fast way to move up the organization today, it’s probably risk management.”
- Sonia Baxendale, President and CEO of the Global Risk Institute, said Tuesday during a panel discussion at the Payments Canada Summit.
“It’s a place that is getting more and more respect in organizations, more and more time at the table, more recognition at board levels, [and] more recognition by CEOs,” Baxendale said of the risk management profession.
Baxendale was asked by the moderator – Maggie Smith, director of operational risk at Payments Canada – what piece of practical advice she would give to someone who is looking to get into a career or role in risk management.
“Good risk management is not really achieved through using a stick. It’s more about the carrot. It’s about partnership and bringing others along in the organization with you,” Baxendale said during the panel.