Published by the Research Foundation of the CFA Institute in July 2011, this monograph challenges the conventional wisdom that “risk management” is or ever should be delegated to a separate department. Good managers have always known that managing risk is central to a financial firm and must be the responsibility of anyone who contributes to the profit of the firm.
This book serves as a guide to risk management for financial firms and managers. Without the technical sections of the Wiley book above, it focuses on how to think about risk while minimizing the technical content.
This book is available for free download with links here.