RM-Written Assignment – Implementing RAROC

APA FORMAT/3 PAGES For this assignment, you will write a three  research paper in which you describe an RAROC system for risk management and identify benefits and challenges of an RAROC system. In this paper, please address the following questions:How would you define and describe a risk management system?How would a risk management system differ for a bank/investment firm compared to a construction firm that has high risk investments?Describe your firm’s current RAROC system?What are the benefits and challenges of an RAROC system?RequirementsSubmit your completed assignment to the drop box below. Please check the Course Calendar for specific due dates.Save your assignment as a Microsoft Word document. (Mac users, please remember to append the “.docx” extension to the filename.) The name of the file should be your first initial and last name, followed by an underscore and the name of the assignment, and an underscore and the date. An example is shown below:Jstudent_exampleproblem_101504Need Help? Click here for complete drop box instructions.