Develop a position paper on why a formal risk management program would be appropriate for your employer and where in the organization the function should be placed for the most effective results. Be sure to identify both the positive and negative risks that exist for your company of your choice. Justify your thinking.

• Competency 1: Comprehend financial risk management in global environments.
  • Determine why a risk management program is appropriate for your employer.
  • Identify where in the organization the program should be placed for optimal effects.
  • Identify positive risks in the organization.
  • Identify negative risks in the organization