Membership

Membership is open to both Institutions and individual risk professionals with the membership year running from 1 April to 31 March.

Institutional Membership

We have a three-tiered Membership Structure that reflects the size and scale of the operations and the individual membership base within the institution. Those employees who want to participate in RMA Australia events then become Individual Members.

Institutional membership fees support the running costs of the association and subsidises the cost of individual membership for employees. A key benefit of Institutional Membership is an invitation to the annual Chief Risk Officers Forum.

Tier 1 Membership

Major Banks and Financial Services Corporations (annual institutional membership fee of $40,805.57 per annum (including GST).

Employees of Tier 1 institutional members may take up an individual membership at no cost (zero fees) from 1 April 2025.

Tier 2 Membership

Mid sized financial service firms and major consulting firms (annual institutional membership fee of $15,149.51 per annum (including GST). Up to 100 individual memberships may take up an individual membership at no cost (zero fees) from 1 April 2025.

Tier 3 Membership

Smaller local financial services firms, regulators and consulting firms (annual institutional membership fee of $7,574.62 per annum (including GST*).

Up to 50 individual memberships may take up an individual membership at no cost (zero fees) from 1 April 2025.

Please contact us for specific information on Institutional Membership entitlements for each Tier.

(Please note that Tier 1, 2 and 3 members have the option to attend ” Risk Forums”)

Access to these Forums (i.e. Anti-Bribery and Corruption, Business Credit Risk, Compliance Risk, Cyber Risk Forum, Emerging Career Risk Professionals Committee (NOT technical), Financial Crime, Operational Risk, Operational Risk – Process and Controls (ad hoc events), Operational Risk – Third Party Risk (ad hoc events), Risk Capability, Risk Culture, Risk Governance, Technology Risk, Working Group on Models and Analytics Risk) Forums will incur an additional charge of:

$3,033.62 inclusive of GST (Tier 1)

$2,895.72 inclusive of GST (Tier 2 & 3)

(Please Note – These Forums are not available to service provider/advisory firm members)

Apply to become an Institutional Member.

Individual Membership

If you are an employee of an Institutional Member, you can join as an Individual Member of RMA Australia for zero fees from 1 April 2025.

To join as an Individual Member please see the Become a Member page.

Associate Membership

Individuals not employed by RMA Australia member institutions, such as financial risk management consultants, or companies that do not otherwise meet the criteria of Institutional Membership are eligible to become Associate members of RMA Australia.

Annual Associate membership fee of $656 (including GST). Students undertaking banking and finance courses are also eligible for this membership.

To join as an Associate Member, please see the Associate Member page or Apply Here.

A whitecollar worker is smiling while standing in front of a group of business people, wearing a dress shirt and tie. She is making a gesture in her formal wear at a corporate event