Module 06 Written Assignment – Implementing RAROC For this assignment, you will write a three to four page research paper in which you describe an RAROC system for risk management and identify benefits and challenges of an RAROC system. In this paper, please address the following questions: How would you define and describe a risk management system?How would a risk management system differ for a bank/investment firm compared to a construction firm that has high risk investments?Describe your firm’s current RAROC system?What are the benefits and challenges of an RAROC system? Requirements APA format, Two spaces after period 4 page min Be sure to include an introductory paragraph at the beginning and a concluding paragraph at the end of your paper. Because your paper is required to be more than one page in length, you should use subject headings to label your paper as appropriate. Keep in mind that this is a research paper; and, as such, should be informed by your research articles. Be sure to include APA citations to support your assertions and to inform your paper. You will need to include a reference page with this paper. Be sure to proofread your paper to ensure that is free from all grammar and spelling errors. Submit your completed assignment to the drop box below. Please check the Course Calendar for specific due dates. Module 06 Written Assignment – Implementing RAROC Scoring Rubric: Criteria Weight Defined and described the risk management system-15 pts for each side 30 Compared and contrasted a risk management system for manufacturing to that of a bank/investing firm. 35 Described the firm’s current RAROC system- describe RAROC first, then apply 25 The assignment met the minimum page length of 3 pages 5 The assignment included a brief introduction and conclusion, demonstrated the use of library resources, and demonstrated proper APA mechanics 5 Total 100