The Importance of RMIA Certification: Advancing Careers and Elevating the Risk Profession
In an era of increasing risk complexity, certification has become a valuable tool for career development, skill verification, and industry reputation.
The Risk Management Institute of Australasia (RMIA) provides the following certifications to empower risk professionals, strengthen their capabilities, and offer credibility: Certified Practising Risk Associate (CPRA), Certified Practising Risk Manager (CPRM), and Certified Chief Risk Officer (CCRO).
We spoke with Prue Fellowes, MRMIA CPRA; David Clancy, MRMIA CPRM; and Ink Recruitment Co-Founders Karen Thorne and Jennifer Jones, to explore how RMIA certification supports professional growth and benefits the risk management community.
Building a Foundation for Success
Prue Fellowes, CPRA, explains that her RMIA certification has been essential in establishing a strong foundation for her career. With a background in finance and operations, Prue views certification as a pathway to credibility within risk management, affirming to her organisation that she possesses the knowledge and skills to guide effective risk practices. “The CPRA certification confirms to my board and management that I understand risk management and can navigate risk for the organisation,” she says. Prue also values the connections she’s built through RMIA certification, noting that it has expanded her professional network and given her a competitive edge.
Recruiters’ Perspective: Certification as a Career Differentiator
Ink Recruitment highlights the importance of RMIA certification from an employer’s viewpoint. According to the agency, RMIA credentials indicate a candidate’s dedication to structured learning and proficiency in risk frameworks, tools, and best practices. Ink Recruitment also underscores the value of RMIA certification for individuals transitioning from other careers, where structured risk management training helps candidates bridge the gap and gain recognition in a new field.
One notable example shared by Ink Recruitment involved a Head of Risk and Compliance role, whereas an internal candidate, although skilled and well-regarded, lacked formal risk management qualifications, making RMIA certification an appealing asset for the role. The RMIA-certified candidate stood out, highlighting how certification can influence hiring decisions and position professionals for success.
Confidence and Credibility: Certification in Action
David Clancy, CPRM, explains that RMIA certification has bolstered his knowledge and credibility within his organisation. The certification’s rigorous training, based on the application of the principles of ISO31000, equipped him with practical tools to strengthen risk culture and enhance the organisation’s risk practices. “The RMIA certification has given me confidence and respect across the organisation. It allows me to speak with authority and apply risk management principles effectively,” he says. David also appreciates RMIA’s newly implemented digital badges, which he has added to his LinkedIn profile, as they help showcase his qualifications and increase visibility within the risk community.
RMIA Certification: A Mark of Professional Excellence
In today’s market, certification is more valuable than ever. Ink Recruitment explains that digital credentials, such as RMIA’s digital badges, add a visual advantage to CVs and LinkedIn profiles, making candidates stand out. “A digital badge on a CV quickly communicates a person’s expertise and level of experience,” Ink Recruitment explains. RMIA’s badges are highly respected in the industry, reinforcing candidates’ credibility and drawing attention from recruiters and hiring managers.
Conclusion: The Value of RMIA Certification in the Risk Community
RMIA certification not only benefits individuals but also strengthens the entire risk management profession. By providing essential training and networking opportunities, RMIA equips professionals to navigate complex risk environments and make a positive impact. As Prue, David, Jennifer and Karen’s experiences demonstrate, RMIA certification is a valuable step for risk professionals committed to excellence, knowledge, and proactive industry leadership. Whether you’re an early-career professional or a seasoned expert, RMIA certification provides a powerful foundation for professional growth and advancement in risk management.
Published: 20 November, 2024
Written by: Jenna Halcro-Dirks, RMIA Marketing & Events Executive
