The role of the risk management is to identify the areas of potential exposure within the organization. For this assignment, identify and discuss 3 methods that the risk manager will use to identify potential areas of risk. What type of potential risk might be uncovered using these tools? Discuss the potential financial impact that these risks could have if not uncovered. Describe the communication process that takes place during risk management. Lastly, provide 2 recommendations that could be employed to mitigate the financial risk associated with negative exposure. The recommendation needs to be well supported and logical.
This analysis should be prepared as a Microsoft™ Word document, at least 4 pages in length. The document should be prepared consistent with the APA writing style (6th edition) and reflect higher level cognitive processing (analysis, synthesis and or evaluation). A workbook has been provided for you to use as a tool to help you with selecting one of these methods and the criteria for writing the paper. You do not have to turn the workbook in but it will be helpful to you.

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