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Founded in 1914, The Risk Management Association (RMA) is a not-for-profit, member-driven professional association whose sole purpose is to advance the use of sound risk 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 approximately 3,000 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by 18,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific.

The Montreal Chapter, like all RMA chapters, is organized and run by volunteer members. We strongly encourage current or prospective members to become involved in shaping the future direction of the chapter by contacting any of the current officers or committee chairs. We would also be happy to discuss the many benefits that can be derived from membership in RMA.

RMA's strong relationship with members and regulators helps us develop new risk management techniques and innovative products. Our education and training programs are geared to risk management professionals at every stage of their careers. Over 70% of RMA's revenue is derived from providing products and services to members.

Since RMA does not lobby, it has been able to take a leadership role in providing industry input to regulators as they reform the Basel Capital Accord, first instituted in 1988. In so doing, RMA has provided the Basel Committee with a significant body of research outlining the process for estimating economic capital.

With the support of our members, RMA develops leading-edge risk management products, services, and studies, some of which are listed below. Information about all of RMA's offerings is available on RMA's Web site, www.rmahq.org.

• eMentor^®. eMentor is RMA's Web-based, comprehensive knowledge management tool for the financial services industry. Continually updated with new information, eMentor is the first integrated source of information on credit and lending processes, concepts, and practices. eMentor also provides information about specific industries.
• Annual Statement Studies. For more than 85 years, this consistently reliable source of financial statement benchmarks on private businesses includes two publications: Financial Ratio Benchmarks and Industry Default Probabilities and Cash Flow Measures.
• Benchmarking Studies. With the participation of members, RMA performs studies that help institutions better identify, assess, and manage risks. We then develop commercial and consumer risk data for information and decision products that are available only to study participants.
• Mentor® Credit Training Curriculum. This trademark program is available online as well as on CD-ROM, as open enrollment or on-site courses, and as self-study courses. RMA offers numerous training and networking opportunities, including one-day specialized lending workshops (covering specific industries), peer-sharing round tables, and conferences on selected topics.
• Diagnostic Assessment of Credit & Lending Skills. Offered online with immediate scoring results, this test helps financial services professionals identify areas where they need more training.

RMA Montreal Chapter

Mission Statement
RMA is an association of financial services institutions and professionals whose objective is to perfect a comprehensive understanding of credit risk identification and management.

RMA is committed to serving the needs of institutions and individuals in local chapters, and providing networking opportunities and professional development through regular meetings, conferences, seminars, and training courses.

The Montreal Chapter is an integral part of the RMA association—as a whole—and its mission, and also represents the distinct needs of Montreal Chapter members.

The Montreal Chapter of RMA is a member-driven professional association whose purpose is to help its members to be better prepared to meet the needs of customers and to grow professionally.

Objectives
The Montreal Chapter's objective is to further the ability of its members to identify, assess, and manage the impacts of credit risk, operational risk, and market risk on their customers. To achieve this end, the Montreal Chapter is committed to:

• Providing activities which respond to the interests and needs of chapter members.
• Providing opportunities for networking and exchange of information among members.
• Providing a forum for learning and development by offering courses and seminars designed by RMA for its members, as well as other platforms for discussion on topics of interest.
• Providing resources to support its activities while maintaining fees at an affordable level.
• Cooperating with related professions and organizations that directly assist financial institutions in carrying out their credit-related mission (such as accounting firms, law firms, and similar consultants) through established channels of communication.
• Supporting education in finance and banking through a scholarship program in partnership with both French and English language universities of the Island of Montreal.
• Maintaining honesty and openness in its interactions with the business community.

Énoncé de mission
RMA est une association d'institutions de services financiers et de professionnels dont le but est de parfaire une compréhension d'ensemble de l'identification et de la gestion des risques de crédit.

RMA s'engage à servir les besoins des institutions et des individus dans les chapitres régionaux et à fournir des occasions de maillage et de développement professionnel en offrant des rencontres régulières, de conférences, de séminaires et de sessions de formation.

Le Chapitre de Montréal fait partie intégrante de l'association RMA et de sa mission, visant à représenter les besoins distincts de ses membres.

Le Chapitre de Montréal de RMA est une association professionnelle dont le but est d'aider ses membres à être mieux préparés à satisfaire les besoins de leurs clients et à poursuivre leur développement professionnel.

Objectifs
L'objectif du Chapitre de Montréal est de renforcer l'habileté de ses membres d'identifier, d'évaluer et de gérer les impacts du risque de crédit, du risque opérationnel et du risque de marché sur leur clientèle. Pour atteindre cet objectif, le Chapitre de Montréal s'engage à :

• Favoriser des activités qui répondent aux intérêt et aux besoins des membres du chapitre.
• Favoriser des occasions de maillage et d'échange entre les membres du chapitre.
• Favoriser l'éducation et le développement en offrant les cours et séminaires conçus par RMA pour ses membres, ainsi que des tribunes pour favoriser des discussions sur des sujets d'intérêt commun.
• Fournir les ressources qui soutiendront ses activités tout en maintenant les frais à un niveau acceptable.
• Coopérer avec les organismes professionnels et autres qui assistent directement les institutions financières dans leur mission de crédit (tels les firmes comptables, les cabinets d'avocats et autres cabinets conseils) par les liens de communication établis.
• Appuyer l'éducation en finance et en gestion bancaire par des dons annuels aux universités de de langue française et anglaise de l'Ile de Montréal.
• Maintenir honnêteté et intégrité dans ses relations avec la communauté d'affaires.

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