Many companies specialize in financial risk management. Some examples of companies that specialize in financial risk management include GARP, iBM, Cargill, and Aon.

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George Littlejohn has written:

'Risk management in financial institutions in Europe' -- subject(s): European Union, Financial institutions, Investments, Management, Risk management

Some different types of risk management certifications include Financial Risk Manager, Public Risk Management, Certified Risk Professional are most common.

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.