Financial Risk Management (FRM) is the process of identifying, analysing, assessing, and controlling financial risks that may affect an organisation\'s performance and financial stability. It aims to minimise potential losses arising from market fluctuations, credit defaults, operational failures, liquidity shortages, and other uncertainties while maximising opportunities for sustainable growth. Effective financial risk management involves the use of various tools and techniques, such as risk assessment, diversification, hedging, Value at Risk (VaR), stress testing, and regulatory compliance. By implementing a structured risk management framework, organisations can improve decision-making, protect assets, enhance stakeholder confidence, and ensure long-term financial resilience in an increasingly dynamic global business environment.