Risk jobs ''more important in current climate''

Risk management has become an increasingly complex issue for many companies operating in the current economic climate, it has been claimed.

Those seeking risk jobs in London may be encouraged to hear that professionals at global consultancy AT Kearney have emphasised in IndustryWeek the importance such roles may play in the future.

Joachim Ebert, Vijay Natarajan, Andrew Newsom and David Qu suggested in their collaborative article that the onus is now on enterprises to provide better risk management functions.

"Organisations need to constantly monitor multiple information sources and develop metrics and processes that will provide greater transparency regarding future risks from poor quality," they argued.

According to the experts, a lack of corporate governance is largely to blame for the economic crisis in 2008.

Writing for the Financial Times, Todd Groome of the Alternative Investment Management Association last month claimed risk control is becoming more important for hedge fund managers and other specialists operating in the financial industry.