The article substantiates the contents of risk management. The existing approaches to definition of the essence of both risk management and risks management are generalized. It is determined that formation of an efficient institutional structure of the risk-oriented system of counteraction to the funds laundering, financing of terrorism and financing the proliferation of weapons of mass destruction (FL/FTPW) by improving the personnel, financial, informational, methodical provision of counteraction to the FL/FTPW is the basis of development of the risk management system. Namely the indicators of the financial security are of great significance in the provision of risk management in the activity of the State financial monitoring service of Ukraine. An econometric model is built and its basic characteristics are defined. It is determined that the most important in the development of the system of risk management in the activities of the State financial monitoring service of Ukraine are the indicators of the ratio of the number of the information messages about the suspicious financial transactions of banking institutions to the total number of the entities of primary financial monitoring (EPFM) of banking sector together with the ratio of the information messages about the suspicious financial transactions of non-banking institutions to the total number of the EPFM of non-banking sector.