About RMA

Founded in 1914, The Risk Management Association (RMA) is a not-for-profit, member-driven professional association, whose sole purpose is to advance the use of sound risk principles in the financial services industry. RMA promotes an enterprise approach to risk management that focuses on credit risk, market risk, and operational risk.

Headquartered in Philadelphia, Pennsylvania, RMA has approximately 2,500 institutional members that include banks of all sizes as well as nonbank financial institutions. They are represented in the association by 18,000 risk management professionals who are chapter members in financial centers throughout North America, Europe, and Asia/Pacific.

Interested in getting involved with RMA and this Chapter? Go to www.rmahq.org/membership to find out how.

About the Chapter

The Philadelphia Chapter, like all RMA chapters, is organized and run by volunteer members. We strongly encourage current or prospective members to become involved in shaping the future direction of the chapter by contacting any of the current officers or committee chairs. We would also be happy to discuss the many benefits that can be derived from membership in RMA. 

The Debt Ceiling, the Fed, and Economic Outlook for 2018

RMA Philadelphia hosted its annual economic outlook breakfast on 12/1/17 to discuss the Federal Reserve, the Debt Ceiling and Economic Outlook for 2018. Discussion topics relevant to
the Philadelphia market included:
o The economic outlook for 2018 and beyond
o The effect of a new Federal Reserve Chair
o Potential issues around the U.S. Debt Ceiling
o How proposed corporate tax reform might affect Philadelphia area businesses

William Githens, President and CEO, The Risk Management Association (William Githens' bio)

- Paul Flora, Manager, Regional Analytic Support, Federal Reserve Bank of Philadelphia (Paul Flora's bio)
- Stephen Mullin, President, Econsult Solutions Inc. (Stephen Mullin's bio)
- Ken Phelan, Chief Risk Officer, US Department of the Treasury (Ken Phelan's bio)