Market Risk Management Education & Resources

Market risk is the risk of losses due to changes in financial markets affecting an institution’s overall performance.  For banks, market risk represents the risk of losses in on- or off-balance sheet positions that arise from movement in market prices.  For institutions that primarily focus on the banking book, market risk centers on interest rate movements and their effect on asset and liability management (ALM).  For institutions that are active in capital markets, market risk expands to include the risk of losses in the bank's trading book due to variations in equity prices, foreign-exchange rates, commodity prices, and other factors whose values are set in the market. 

As a leader in the industry, RMA serves market risk management practitioners at both the larger-institution and smaller-institution levels.

For larger financial institutions—where market risk management and its related technologies are well-known and mature—RMA provides peer-sharing and professional development opportunities, such as training and courses, pertaining to risk in capital markets, including market risk analysis, counterparty credit risk, and sovereign/country risk.

Through events, such as round tables, in North America and Europe, we also offer education in liquidity risk (both funding and traded), price risk, equity risk, interest rate risk, and foreign exchange.

RMA addresses the needs of experienced professionals with advanced market risk management courses including:

  • Advanced Risk Management Practices in Asset Management
  • Counterparty Credit Risk and Control: Best Practices
  • Internal Ratings and Model Validation

To remain at the forefront of the industry, RMA periodically conducts surveys, benchmarking studies, and best practice papers so that you can benefit from the latest insights.

Recent projects include:

For smaller financial institutions—where the market risk function is part of the asset/liability management process—RMA provides the skills necessary to further your understanding of the impact of changing market conditions on the soundness of the balance sheet and profitability of the income statement.

RMA's market risk courses and programs explore issues in liquidity risk management, interest rate risk management, loan and deposit management, and provide practical, relevant examples based on the present interest rate environment and current market conditions.

You can participate in RMA's beneficial training through both open-enrollment and Web-based courses. Additionally, The RMA Journal® also regularly carries articles on market-risk-related topics.

Recent projects include:

Other Market Risk Management Offerings

Interested in learning about the benefits of becoming a member of RMA?

Learn more about joining today.


Comments or questions relating to market risk management within RMA may be addressed to Fran Garritt, Director, Market Risk and Securities Lending.

Related Products and Services

Interest Rate Risk Management Survey

The Risk Management Association has surveyed financial service institutions to determine the range of practices and standards currently used with regard to interest rate risk management. 

Learn More

Country Risk Management Survey

The Risk Management Association has surveyed financial service institutions to determine the range of practices and standards currently used for country risk management.

Learn More

Non-Libor Discounting of Derivatives Survey

RMA and PwC developed and carried out a survey of financial services institutions on the status of their transition to the non-Libor discounting.

Learn More

Wrong Way Risk Survey

The Risk Management Association has surveyed financial service institutions to determine the range of practices and standards currently used or planned to manage wrong way risk.

Learn More

Model Validation and Governance Survey

In Spring 2009, the Market Risk Council of The Risk Management Association conducted a survey on best practices within the area of model validation governance practices within financial institutions.

Learn More

Credit Approval and Limit Management Processes Survey

The RMA Market Risk survey on Credit Approval and Limit Management Processes in financial institutions was conducted in the fall of 2007.

Learn More