This study focuses on the association between specific attributes of risk management committees (RMCs) and the performance of financial companies listed on the Amman Stock Exchange (ASE). The chosen period, from 2017 to 2022, allows for the examination of trends and changes over time (Callahan & Soileau, 2017). The results indicate that the size of the RMC, independence, and gender diversity within the committee are positively and significantly related to company performance. By contrast, the frequency of meetings and the experience of RMC members do not seem to have a significant impact on performance. The results have potential implications for both managers and boards of companies. By understanding the positive relationship between certain RMC characteristics and firm performance, decision-makers can make informed choices when structuring their RMC. This, in turn, would contribute to enhancing the overall corporate governance of the company, which is crucial for its success. We acknowledge that the association between RMC attributes and firm performance is not yet fully understood. Despite this ambiguity, our research contributes to prior studies by shedding light on the specific roles that various RMC characteristics play in driving firm performance, thereby deepening our understanding of the complex interactions between corporate governance mechanisms and company outcomes.