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DEI Initiatives

DEI Initiatives

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A message from our CEO

As a professional association with deep roots in the financial services industry, RMA is deeply committed to bringing about lasting change in the area of Diversity, Equality, and Inclusion, through both internal and external initiatives.

Whether through our Women in Risk initiative, our partnerships with Historically Black Colleges and Universities, the training we provide to minority-owned banks, or efforts to increase our own awareness of and allyship with diverse communities, RMA is focused on real results. In addition, we have increased our own hiring and promotion from historically underrepresented groups.

We are doing so because we believe strongly in the value of diverse communities - to our organization, to our members, and to society at large. I am proud to lead an organization so focused on providing an inclusive environment to all and to making a big difference for all our futures. 

 

Nancy Foster

President & CEO

Risk Management Association

    

Member Initiatives

MinBanc Foundation Scholarships

RMA is partnering with the MinBanc Foundation to support workforce development for minority- and women-owned financial institutions, providing career training opportunities. MinBanc provides funding for employees at minority- and women-owned banks to participate in training geared towards the financial services industry. All of RMA's courses and events qualify for these scholarships. 

MinBanc reimburses tuition, certificate and online training, and conference registrations of up to $5,000 per bank, per calendar year.

RMA members at minority- and women-owned banks are encouraged to apply for scholarships to attend training and events at minbanc.org

 

Future Bankers Program at HBCUs

RMA has partnered with HBCUs and banks to develop a Future Bankers Program focused on helping minority students at HBCUs launch careers in commercial banking.

Objectives of the program are to:

  • Assist HBCU students in launching exciting, rewarding careers in banking
  • Support banks with diverse hiring initiatives by connecting them with diverse future leaders
  • Create opportunities for banking industry executives to engage, mentor, and hear from HBCU students

RMA resources to partnering HBCUs will include:

  • Opportunity for students to earn the industry-recognized Credit Essentials Certificate (CEC)
  • Access to online learning materials, including webinars, videos, proprietary databases, and research tools
  • Access to digital library of thought leadership, including whitepapers, articles, blogs, and newsletters
  • Faculty support, including instructor guides, textbooks, workbooks, case studies, and more
  • Ability for students to compete in case competitions
  • Ability for students to apply for Foundation Scholarships
  • Mentoring with bank leaders
  • Networking opportunities
  • Two-year banking concentration program

If you are an HBCU or financial institution looking to get involved in this program, email John Sullivan, Academic Director, at jsullivan@rmahq.org. 

 

Women in Risk Committee

RMA's Women in Risk Committee was created to motivate, inspire, and empower women to have meaningful careers in risk management. The committee will aim to build a community for women to achieve success while celebrating diversity and inclusion. 

The Women in Risk community is for people of all genders with a passion for advancing this cause. If you are interested in joining this community, contact Elena Noverola at enoverola@rmahq.org.