Excellence in Risk Management - PRMIA and Thorek/Scott and Partners Announce Awards Which Advance the Professionalism of Risk Management

MINNEAPOLIS, Feb. 9 /PRNewswire/ -- PRMIA and Thorek/Scott, responding to public concerns over insufficient rigor in risk management practices, have joined forces to promote industry-leading risk management education. This initiative will boost the efforts of high-performing risk professionals and forward-thinking organizations, who regard risk management professionalism as essential to their own success and certification achieved through formal risk education as the most effective route to its implementation.

To recognize those risk managers who achieve higher professional standing in the industry through education and certification, the Professional Risk Managers' International Association (PRMIA) has joined forces with Thorek/Scott and Partners, a leading executive search firm, to offer the Thorek/Scott Award for PRM™ Excellence and the Thorek/Scott Award for Associate PRM™ Excellence. These awards will recognize the two candidates who successfully pass the Professional Risk Manager (PRM™) and Associate PRM exams with the highest scores between June 1, 2009 and May 31, 2010. The PRM Award winner will receive a $4,000 cash prize, with the Associate PRM award winner receiving a $1,000 cash prize. The winners will be announced in June 2010. Detailed award terms and conditions are available by contacting [email protected].

David Millar, PRMIA Chief Operating Officer says, "The key to the future of financial risk management is the attainment of professional status. Taking exams is the first step towards this, and these awards recognize those individuals who have committed to the improvement of the industry and the safeguarding of the finance sector."

Michael Thorek, President, Thorek/Scott and Partners, adds, "Our many years of working with those in risk has emphasized the value of risk and risk education and we are proud to support PRMIA for developing its extensive risk education program."

The PRM is recognized worldwide as the leading industry certification for risk managers, having received public endorsements from both business and universities. A PRM™ assures that the holder has the required broad knowledge and understanding, qualitative and quantitative, that risk managers must bring to the job. The Associate PRM is a PRMIA certificate program intended for staff entering the risk management profession, or those who interface with risk management disciplines on a regular basis, such as auditing, accounting, legal, and systems development personnel who want to understand fundamental risk management methods and practices.

The Professional Risk Managers' International Association (PRMIA) promotes a higher standard for risk professionals, with more than 60 chapters around the world and over 65,000 members from 195 countries. A non-profit, member-led association, PRMIA is dedicated to defining and implementing the best practices of risk management through education, certification, events, networking, and online resources. More information can be found at www.prmia.org.

A leader in executive search, Thorek/Scott and Partners has successfully connected top tier organizations with highly qualified professionals for over 30 years. Thorek/Scott's expertise in sourcing top talent risk professionals for the corporate, financial, and banking industries has enabled us to form lasting relationships with leading companies both within Canada and across the globe. We work with clients and candidates to create true partnerships, dedicating ourselves to bringing our intelligence, experience and enthusiasm to finding the leadership capital that fits. At Thorek/Scott we are committed to helping both our clients and candidates succeed. Visit us at www.thorekscott.com to learn more about our approach and values, as well as our recent successes and current opportunities.

SOURCE PRMIA