the non financialrisks are of many types susch as

1) risk to your life

2) legal risk

3) reputation risk

Financial Risk Manager was created in 1997.

The best way to minimize financial risk is to offset the risk with safe financial decisions. This is the strategy most investors make when they are building a portfolio, but you can do it in your personal life as well.

Financial Risk Management is a process of evaluating and managing current and possible financial risk at a firm as a method of decreasing the firm's exposure to the risk. Financial risk managers must identify the risk, evaluate all possible remedies, and then implement the steps necessary to alleviate the risk. These risks are typically remedied by using certain financial instruments as a method of counteracting possible ramifications. Financial risk management cannot prevent a firm from all possible risks because some are unexpected and cannot be addressed quickly enough.

A Financial Speculator.