What is RMA?
RMA is the only financial services association to champion best practices in risk management while also monitoring emerging trends. Our strong relationship with members and regulators helps us develop new risk management techniques, innovative products, and education and training programs geared to risk management professionals at different stages of their careers. Over 70% of the Association’s revenue is derived from providing products and services to members.
Founded in 1914, RMA’s historical focus on credit risk has broadened in recent years to include risk management on an enterprise-wide scale. In addition to our long-standing commitment to credit risk, we are now focusing on market risk and operational risk, critical areas for financial institutions today. This strong focus on risk management has prompted American Banker to describe RMA as “the trade group responsible for guarding credit quality and promoting risk management.”
Headquartered in Philadelphia, Pennsylvania, RMA has 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by over 20,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific.