Risk manager Job Description
Risk manager Job Description Template
The role of a Risk Manager entails assessing and mitigating potential risks that may affect a company's financial performance and reputation. They are accountable for developing risk management strategies, conducting evaluations, and coordinating risk infrastructure. A strong focus is placed on identifying, analyzing, and managing risks through the implementation of appropriate policies and procedures.
Responsibilities:
- Risk identification, assessment and management of potential risks
- Developing and implementing risk management strategies and plans
- Analyzing and evaluating potential risks and their impact on the organization
- Monitoring and reporting on the effectiveness of risk management strategies
- Collaborating with stakeholders to identify and manage risks
- Reviewing and updating risk management policies and procedures
- Providing advice and guidance to management and staff on risk management matters
- Conducting risk assessments to identify potential areas of vulnerability and recommend mitigation strategies
Requirements:
- Bachelor's degree in finance, economics or related field
- At least 5 years of experience in risk management, preferably in the financial services industry
- Strong analytical, organizational, and problem-solving skills
- Knowledge of relevant laws, regulations, and industry standards
- Ability to effectively communicate complex information to various stakeholders
- Experience with risk assessment and mitigation techniques
- Proven ability to work independently and as part of a team
- Professional certification in risk management (e.g. FRM, PRMIA) is a plus
