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The Risk Management Association

Philadelphia, Pennsylvania, US • 170 Employees
Financial Services

Founded in 1914, the Risk Management Association is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk management principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk. Headquartered in Philadelphia, Pennsylvania, RMA has over 900 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the Association by over 66,000 individuals located throughout North America, Europe, Australia, and Asia/Pacific. In 2024, RMA and BAI merged to form ProSight Financial Association to offer an even greater level of support to the financial services industry, leveraging RMA’s deep risk expertise and BAI’s strong compliance knowledge