‘No risk, no reward’ is a famous statement in Finance. However, risk assessment isn’t an easy job. Finance expert Manasa Savanur talks about how she manages risk in her organization and personal life.
With a career spanning some of the leading banks in the United States, Savanur’s understanding of the financial landscape is unparalleled. Her specialized master’s program in Finance further enhances her technical prowess, making her a highly sought-after finance expert in the industry.
“Organizations with strong risk management capabilities are better positioned to respond to market changes and competitive pressures. Moving to a different state/country often comes with many risks and challenges, but at the same time, it also brings opportunities.” She says. Identifying risks and assessing their impact can help businesses and individuals make better decisions. Her work promotes financial stability and economic growth by ensuring efficient capital allocation and robust financial operations. The accurate and timely information she provides through her risk assessments supports not only the bank she works for but also has broader implications for the economic stability of the market.
Savanur advocates that organizations can pursue growth and innovation opportunities with greater confidence by effectively managing risks. Risk management provides the framework to assess the potential downsides of new ventures and devise strategies to mitigate them, thereby enabling sustainable economic growth.
Her work involves calculating value-at-risk, reporting derivative instruments, and all the math behind it. Even with complex financial models, Savanur emphasizes the basics of economic and behavioral economics concepts, such as the sunk cost fallacy and other mental biases hindering decision-making. Her recent TEDx talk beautifully explains how the sunk cost fallacy impacts businesses and individuals and provides tips and tricks to combat sub-optimal decision-making.
“With the increasing availability of financial tools and products, it’s crucial to use them with knowledge and awareness, rather than simply buying into advertisements,” she advises. Manasa’s contributions extend beyond her corporate job, as she mentors at one of the largest finance mentorship programs in the country. She has coached several finance students and young professionals, empowering them in their financial endeavors. Her recent completion of a master’s program positions her well to coach and mentor any finance students, understanding the changing job market and educational system.
Coming from a developing country such as India, Manasa has a unique global view of the economy. Her understanding of technical concepts such as purchase power parity is deeply rooted in her lived experience. The diversity she brings is a refreshing break to many who are accustomed to things being a certain way. This fresh perspective helps her challenge existing traditional methods and encourages critical thinking in her team and organization.
Savanur has successfully transformed her career from accounting to financial reporting and finally to analytics and risk management. A marvelous feat that many dream of. Making such progress in today’s challenging market demonstrates her determination and skill. She believes in sharing her knowledge and expertise to make the economy stable and safe for business.
Whether you’re looking to de-risk your enterprise, start a new venture, or simply take control of your finances, Manasa is the person you want in your corner. She’s a thorough professional and a technical expert. Everybody who interacts with her always walks away feeling informed, empowered, and ready to achieve their goals.
Published by: Khy Talara
