THE PARIMA RISK
The PARIMA Risk Competency Framework aims to empower and develop risk practitioners at various stages of their career. It outlines the knowledge, skills and behavioural attributes that demonstrate the relevance and capabilities of a risk professional as a trusted and strategic business partner.
What is the Risk Competency Framework?
The Risk Competency Framework is a comprehensive, APAC-specific, industry-consistent, competency model. It seeks to articulate the behaviours and skills essential for risk professionals to succeed and contribute to their organisation in a meaningful way. It also provides risk professionals with a ‘common language’ that defines proficiency at each stage of their career and further their professional development.
Shortlisted & Validated
WHAT IS THE
The Risk Competency Framework is a comprehensive, APAC-specific, industry-consistent, competency model.
It seeks to articulate the behaviours and skills essential for risk professionals to succeed and contribute to their organisation in a meaningful way. It also provides risk professionals with a ‘common language’ that defines proficiency at each stage of their career and further their professional development.
Risk Professionals Profiled & Interviewed
Reviewed & Mapped
Final Competencies Shortlisted & Validated
THE DEVELOPMENT PROCESS
Future and industry trend reports were studied alongside existing risk competency models, skill libraries and job banks. More than 79 different job descriptions were reviewed and compared to extract common themes and career levels.
INSIGHTS & INTERVIEWS
Managers and senior executives across Asia provided their profiles, responsibilities and shared their views on the ideal risk role, key success factors for Risk Managers today and what is required to be future-ready.
MAPPING & VALIDATION
The competency model went through several enhancements and review. Risk professionals provided ratings regarding the accuracy, relevance and importance of the competency model’s content. The model is refined based on this data.
Risk practitioners of all levels
Managers & team leads
THE COMPETENCY MODEL
Risk Technical Skills
Judgement and Decision Making
THE COMPETENCY ASSESSMENT TOOL
Risk Managers can take the PARIMA Risk Competency Assessment© to determine their proficiency across the 5 categories. The profiles generated would provide a visual summary of the areas of technical expertise a Risk Manager specialises in, their strength across different business domains, as well as their perceived capability on relationship management, judgment and decision making and learning agility.
THE PROFICIENCY LEVELS
Download the Risk Competency Framework Brochure to learn more about the specifics of the Risk Competency Framework and Model
HOW TO GET
THE BEST OUT
OF THE RISK
Join PARIMA as a Member to access the dashboard for your profile
Take the Risk Competency Assessment Tool to gauge your proficiency level for each skill category
Gain access to the complete Risk Competency Framework report to understand your results better and take necessary steps for your career progression
Join PARIMA workshops and take advantage of materials provided through the Member Area to strengthen specific sub-skills
Be a Certified Risk Professional through the PA-CRP Certification Programme and learn how to integrate your skills into your work as a risk manager
FOR TEAMS AND ORGANISATIONS
Come discuss with PARIMA how you could use the Competency Framework in your team and/or organisation
Support this initiative and connect with us to discuss partnership opportunities
If you would like to learn more about how the RCF can support your professional growth as an individual or as a team, please be in touch with us through firstname.lastname@example.org to discuss how we can collaborate.