membership section of the IoR website which are given in outline here as: Fellow; Professional Member; Member and Associate. Fellow This is an honorary award for those who have actively contributed to the development of the Institute and/ or individuals of high-standing within the discipline of Operational Risk who meet the requirements as from time to time determined by the Institute. Professional MemberThis is open to those with a minimum of two years relevant experience in risk management and who are currently working in an operational risk management position. MemberThis is open to those with a minimum of two years practical experience and who are currently active in a risk related role. This may include individuals currently working in internal audit or compliance. This category is also open to those working in academia. AssociateThis is open to those who are working towards achieving a higher grade of membership or actively engaged in research, education and training, or an associated field or interest in Risk Management. Typically, the Institute views this category for those people who are starting out on their career and who are interested in learning more about operational risk management. In 2019 the IOR became part of the wider Institute of Risk Management (www.theirm.org) in order to support further international growth. See also Governance, risk management, and compliance External links Institute of Operational Risk (IoR) website References Operational risk Organisations based in Hertfordshire Risk management Ware, Hertfordshire