Our Risk Manager job description includes the responsibilities, duties, skills, education, qualifications, and experience.
About the Risk Manager role
A Risk Manager is responsible for identifying, assessing, monitoring, and controlling risks in an organization or project. This includes developing risk management strategies, implementing risk management processes, and overseeing risk management activities. Risk Managers also provide advice on risk management issues and recommend solutions to reduce potential risks.
Role Purpose
The purpose of a Risk Manager is to identify, analyze, monitor, and manage potential risks and opportunities that may affect an organization. This includes overseeing the development of strategies to reduce the organization's exposure to risks, as well as developing and implementing procedures and programs to manage and mitigate risk. Risk Managers are also responsible for providing guidance and advice to management, as well as conducting risk assessments and preparing reports for senior management.
Risk Manager Summary
Risk Manager Job Summary
This position is responsible for managing the risk associated with business operations and investments. The Risk Manager will be responsible for developing, implementing, and monitoring strategies that identify, assess, and mitigate risk. This individual will be accountable for the accuracy and timeliness of all risk management activities. The Risk Manager will ensure that the organization is operating within established risk tolerance levels and will report any issues to the appropriate personnel. The successful candidate will possess strong analytical and problem-solving skills, as well as a solid understanding of risk management principles.
Risk Manager Duties
- Develop, implement and monitor risk management processes
- Identify, assess, monitor, control and mitigate risks
- Analyze and report on key risk indicators
- Advise and influence senior management on risk-related matters
- Develop and maintain risk management policies, processes and procedures
- Stay up to date on industry best practices
Risk Manager Skills
- Risk assessment
- Risk mitigation
- Data analysis
- Fraud detection
- Report writing
- Policy development
Risk Manager Requirements
- Knowledge of risk management techniques and practices
- Ability to identify, analyze, and assess risk
- Ability to develop risk management strategies and plans
- Excellent communication, documentation, and reporting skills
- Strong problem solving and decision making skills
Personal Traits
- Analytical
- Organized
- Excellent communication
- Problem-solving
- Ability to make decisions under pressure