Risk Manager

Job brief

• Risk manager deals with identifying, measuring, and evaluating different types of risks that can affect a business. He/she looks at what could go wrong, evaluates the impact of what could go wrong on the business, and comes up with strategies to minimize, eliminate, or transfer the risk. Risk manager needs to possess analytical skills, and must have an eye for detail. He/she needs to be knowledgeable about the industry they operate in, so that they are able to identify the risks posed to a specific organization.

Responsibilities

• Develop the Enterprise Risk Management Policy for the Company.
• Guiding integration of enterprise risk management with other organizational planning and management activities.
• Liaise with departmental heads in ensuring completion of quality departmental risk registers.
• Identify training needs for risk management and oversee development of enterprise risk competence and awareness across the company.
• Evaluate the adequacy of the company’s internal control framework in addressing risks and accomplishing the company’s goals and objectives.
• Liaise with department and division heads on the adequacy of proposed actions in management of risk areas highlighted in internal audit reports
• Monitor implementation of action plans to ensure risk mitigation efforts are proceeding as required.
• Monitor and report on compliance with regulatory requirements.
• Proactively identify emerging risks and report to relevant stakeholders.
• Develop risk management system and train departmental risk champions on implementation.
• “Test” the effectiveness of cascading risk management approach to business decision making.