What is the most effective way to ask for a promotion in risk management?

Uma promo??o, a depender dos critérios de elegibilidade das organiza??es e/ou lideran?as, n?o se tem haver com quanto tempo você trabalha e colabora com a empresa, mas com a constancia das suas entregas quanto colaborador e, no final do dia, o quando você agregou valor e contribuiu para o alcance dos resultados. Comece fazendo auto avalia??o, trace metas individuais e/ou setoriais. Saiba exatamente onde você quer chegar e alinhe com seu gestor, afinal, ele que vai lhe avaliar para você poder "chegar lá". Procure o auto estudo, seja em quest?es técnicas de sua área e competência, como seus soft skills, é dessa forma que se galga promo??es.

Start by showcasing your contributions and value. Prepare a compelling case highlighting your achievements, successful risk mitigations, and added value to the team or projects. Schedule a meeting with your supervisor to discuss your performance and express your interest in advancing. Align your accomplishments with the company's goals, emphasizing your readiness for increased responsibilities. Request feedback and ask for guidance on the steps needed for advancement. Remain professional, confident, and open to constructive discussion, demonstrating your commitment and preparedness for the next level in your Risk Management career.

Seja sincero e objetivo. Se sua empresa for justa e ética você n?o precisará dar explica??es nem mostrar o que já é explícito no seu trabalho.

A key consideration here is to quantify your contributions. The data speaks in today's world. It's important to make the top management realize your contributions to the organization in quantitative terms. Sometimes, it can be quite challenging as it highly depends upon your work profile, but one should learn this. Try to go beyond your comfort level and be involved in complex tasks that are highly value-adding. The things that add value are the most important ones. Having a profound contribution to such tasks will make a case for you to prove your value to the organization.

Think about your relationship with your boss. If you guys get along, great. The door will likely be open and you can be honest about what you want to see in your career path or your confusion about it. The best managers are those who know how to create or find opportunities that match your skills, interests and challenges, so these are some questions to determine before the conversation. However, if your relationship with your boss isn't that great, or if he or she isn't in a decision-making position like that, look up the hierarchy. Find out who is the best person to talk to, even if they work in another department.

Fazer busca ativa e benchmarking sobre a área de negócio em que se atua, especialmente áreas que envolves gest?o de riscos e controles internos, ajuda a saber como você está se colocando em rela??o ao mercado e seus pares. Buscar saber como o mercado pratica atividades de gest?o de riscos e controles internos, é fundamental para ter novos insights e poder tra?ar estratégias.

In my experience, the most effective way to ask for a promotion in risk management is to stress the importance of risk management to your organization. Do not forget to mention that promoting an existing risk manager is much cheaper than introducing a new risk manager who needs to get familiar with the organization.

O fato de apenas solicitar uma promo??o n?o, necessariamente, vai fazer com que esta aconte?a. Buscar estar fundamentado com, além de argumentos, mas subsídios (evidências) comprobatórias que suportem sua solicita??o, trará mais seguran?a na proposi??o para que o gestor embase sua avalia??o perante áreas de RH/Remunera??o, por exemplo. N?o espere pelo seu gestor, fa?a acontecer.

In building your case for a promotion in risk management, it's important to identify and engage stakeholders and champions who support your advancement. Gather endorsements from colleagues, supervisors, or clients who have witnessed your impact firsthand. These advocates can provide testimonials or speak for you, showing your contributions and readiness for the new role. Their support adds weight to your achievements, demonstrating a broader recognition of your value within the organisation. This collective backing strengthens your case. It also showcases your ability to foster relationships and drive consensus—critical skills in any risk management position.

N?o é sempre possível avalia??o de promo??es. Momentos certos propiciam uma maior chance de isso acontecer, independente do tipo/cultura da organiza??o. Momentos de encerramento de ano e/ou de feedbacks, s?o mais fáceis para conseguir propor altera??es salariais e hierárquicas. N?o existe receita de bolo para isso, o uso da sensibilidade é o ideal, nestes casos, para se buscar proposi??es de melhoria.

Selecting the right time is vital when seeking a promotion. Opt for a moment when your manager is positive, has time to listen, and is open to career discussions. Avoid making requests during crises, budget cuts, or major changes. Look for opportune times like organizational successes, project launches, or expansions. Align your request with your performance review, work anniversary, or significant achievement. Alternatively, request a meeting to discuss your career goals before bringing up the promotion. Timing is key for success.

Certainly, you should consider your BATNA – Best Alternative to a Negotiated Outcome. You should also consider theirs. Why would failing to promote you result in a negative outcome for them. Create a situation where there are multiple paths to success for both of you. Many times, managers don't have flexibility on money or title, but maybe they have flexibility on something else, like vacation days or bonus pay or learning and development budgets. What's high value for you may be crumbs for them.

Be confident and assertive , but also remain open to feedback. Maintain high level of professionalism throughout the process that show your maturity and respect for your boss decision making process whether the outcome is in your favor or not.

With over 8 years of experience as a risk manager in banking and finance, seeking a promotion involves a strategic and proactive approach. I conducted a comprehensive self-assessment of my contributions to the risk management team. I Identified key projects, successful risk mitigation strategies, and any additional responsibilities I've taken on beyond my role. I created a portfolio highlighting my achievements, contributions, and the positive impact of my work on the organization. Include quantifiable results, such as risk reduction percentages, successful project outcomes, or any cost-saving measures put in place by the team.

I'll put some Joseph Schumpeter on the table: Risk Management is a relatively young area, so create your own field of expertise. There is a lot to be done in the quantitative analysis, root factors, AI implementation, and there is still no consensus on how to proceed. So be on the lookout for the biggest gap in there and have courage to dive in headlong.