Effective management of risk is a much-debated topic in the banking sector. Nearly a decade on from the financial crisis, organisations continue to grapple with a key question about the line between short-term gain and long-term success: what makes an influential risk manager?
Management accountants, with their combination of business insight and frontline experience, are key advisers to decision-makers on risk management. But while many management accountants are consulted when it comes to this function, not enough businesses are looking to them for their unique insight and expertise, despite the value they bring.
