Professional participation
Professional participation in The Global Risks Alliance (GRA) is designed for individuals who work on financial risk: actuaries, risk managers, quantitative analysts, economists, engineers and model validators. Professionals take part in a personal capacity, by specialism, contributing to sector platforms and working groups and taking part in learning. Participation confers no regulated authority, no professional licence and no right to speak for an employer or for GRA. Terms are not yet adopted. This page belongs to membership and participation.
- Institution
- The Global Risks Alliance (GRA)
- Service level
- R0: information and enquiries
- 01QuestionNational, regional or institutional priority
- 02EvidenceSTEM foundation of the platform
- 03BuildNexus Foundry
- 04OrganizeNexus Ecosystem
- 05TestNexus Universe (independent site)
- 06PublishNexus Reports
- 07DecideCompetent authorities and institutions, through Nexus Rails
- 08RenewCorrections and the next annual agenda
The short answer.
Professional participation at GRA is designed for individuals who work on financial risk, such as actuaries, risk managers, quantitative analysts, economists, engineers and model validators, taking part in a personal capacity through sector platforms, working groups and learning. It confers no regulated authority or professional licence, and terms are not yet adopted.
Financial centres and urban exposure in India.
The cities where people, assets and financial activity concentrate, shown for India as an example geography for this subject.
Who professional participation is designed for.
Actuaries and quants
Tail risk, loss distributions, dependence modelling and capital methods.
Risk managers and validators
Enterprise and operational risk, model validation and oversight of automated decisions.
Economists and engineers
Macro-financial transmission, infrastructure dependencies and resilience engineering.
How professionals are designed to contribute.
- 01
Platforms
Specialist contribution to one of the ten sector platforms of the specialist financial network.
- 02
Working groups
Bounded research and method work by competence, described on professional working groups.
- 03
Review
Reviewing methods and drafts where a professional has the competence and no conflict.
- 04
Learning
Taking part in programmes described on skills and professional learning, once open.
A personal capacity, with clear limits.
| Participation involves | It never confers |
|---|---|
| Contributing your own expertise | The right to speak for your employer |
| Declaring interests, including your employer | Access to another participant's confidential information |
| Following the competition safeguards | Regulated authority, a licence or a professional qualification |
| Being credited for contributions | Authority to represent GRA or any consortium |
Professionals who are public officials, including supervisors, take part in open GRA work only in their official capacity and under their own institution's rules; membership is not designed for them.
Terms used on this page.
Each term as this page uses it. Where a standard-setting body defines the term, the wording follows that body.
| Term | Definition |
|---|---|
| Membership | The status of a person or institution admitted under published rules; at GRA it confers participation in professional work and no authority, endorsement or access to any transaction. |
| Competence framework | A structured description of the skills and knowledge a role requires, such as ESCO. |
| Conflict of interest | A situation in which financial, professional or personal interests could compromise, or appear to compromise, judgement in research or review. |
Terms not yet adopted.
Professional participation opens once its terms are adopted and a team is in place to review applications. Interest can be registered now at membership@globalriskalliance.com. Experts who want to contribute to a national programme can do so through the National Working Groups (NWG), described by The Global Centre for Risk and Innovation (GCRI) on working groups, a separate route. Institutions join through institutional membership.
Questions and answers.
Do I need my employer's permission?
Is there a fee?
Will my name be published?
Can I list GRA participation on my CV?
Around GRA.
Start with an enquiry.
The current service level is R0: information and enquiries. An enquiry receives a reference and names the next step; applications, payments, compute allocations and registrations open only when their team, terms and review capacity exist.