Corporate Risk Job Description
Corporate risk
provides analysis of data, present high-quality reports to make decisions using data, Microsoft Excel / word and Macros.
Corporate Risk Duties & Responsibilities
To write an effective corporate risk job description, begin by listing detailed duties, responsibilities and expectations. We have included corporate risk job description templates that you can modify and use.
Sample responsibilities for this position include:
Analyse risk data and work with business areas to identify error root causes, material risks and control issues/themes and agree mitigating actions
Primary point of escalation for operating events
Proactively represent RQA Operational at management committees, working groups, client presentations and functional meetings
Prepare and deliver regular reports based on thorough operational risk analysis and insights
Provide strategic input to the India business from an operational risk perspective and provide timely and insightful advice
Drive global and local operational risk initiatives and projects, working with global, regional and India RQA counterparts to ensure best practice and consistency where possible
ERM Strategy Development– Collaborate with the President of Insurance Services and senior management to develop a proactive and integrated ERM strategy for the company
ERM Framework– Develop an ERM framework that encompasses risk assessment, prioritization, mitigation and monitoring
Risk Map– Create a risk map for the company which identifies the strategic, operational and financial processes of the business and the key risks associated with the processes
Crisis Management – Develop, implement and test Crisis Management plan(s) for the company
Corporate Risk Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Corporate Risk
List any licenses or certifications required by the position: CISA, CISSP, CRISC, CISM, FRM, CFA, CIA, ARM, CPA, CPCU
Education for Corporate Risk
Typically a job would require a certain level of education.
Employers hiring for the corporate risk job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Associate Degree in Finance, Business, Accounting, Management, Education, Criminal Justice, Political Science, National Security, International Studies, Criminology
Skills for Corporate Risk
Desired skills for corporate risk include:
Microsoft Excel and Access
Business Objects
MS Office Products
Project management techniques and tools
Investment banking products preferable
Microsoft office
Particularly Word & Excel
MS Excel
Market risk metrics and financial products
RWA
Desired experience for corporate risk includes:
Thorough understanding of Operational Risk Management practices
Competent working knowledge of the India, regional and relevant global regulatory environment as it relates to the India business
Degree qualified in Finance, Business or Accounting essential
Post-Graduate qualification in Finance or related discipline preferred
Support the implementation and ongoing use of Governance, Risk and Compliance (GRC) tools within the businesses and activities covered
Experience in operational and strategic risks familiarity with the financial risk - credit, market, liquidity in addition to some familiarity and experience in investment activities product development and management
Corporate Risk Examples
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Corporate Risk Job Description
Job Description Example
Our innovative and growing company is hiring for a corporate risk. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for corporate risk
- Work with the Loss Data Management team to review events entered into the Risk Event database on a quarterly basis and assess the quality of the data
- Develop and manage monthly and quarterly top losses reporting including researching explains for senior management
- Work with the Capital Analytics and Reporting team to ensure losses are clearly understood
- Focus on process improvements to data quality review program
- Provide analysis and support on losses and trends for Senior Management
- Support team lead in adhoc projects and activities across the overall team
- Attribute net interest income (NII) sensitivity
- Analyze and synthesize Risk Appetite results to quantify the impact of changes in the macroeconomic environment, exposure levels and methodology / modeling assumptions
- Partner with Corporate and Line of Business Finance and Risk (market, credit, operational, liquidity, structural interest rate risk) teams to understand key business drivers of Risk Appetite results
- Monitor and track COR Program of projects and support weekly Program updates to provide stakeholders
Qualifications for corporate risk
- Bachelors or Master’s degree in finance or a related field
- Numerate or IT degree or equivalent desirable
- Strong Quantitative skills (sufficiently strong to understand specification and develop intuition of the behaviour of derivatives pricing & hedging models, but does not need to have a specific quantitative expertise)
- Strong Front Office Trading skills (sufficiently strong to develop intuition of how a trading book is run, how the trading models are calibrated but does not need to have a specific trading expertise)
- Marked interest in the practical side of model usage – calibration, performance and mitigants reserves, capital, limits
- Excellent interpersonal skills & credibility
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Corporate Risk Job Description
Job Description Example
Our company is hiring for a corporate risk. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for corporate risk
- Establish risk governance framework for the structural interest rate risk reporting (duration of equity, earnings-at-risk and economic value of equity) and operating model of the firm
- Carrying out model validation and designing model risk measurement activities, for models used to value and risk manage CVA/DVA/FVA fair value adjustments, compute Counterparty Credit Risk (CCR) monitoring metrics and capital requirements
- Measure, monitor, and manage the Firm’s interest rate risk in the banking book
- Leads and executes strategic design and process improvement projects
- Develops an approach / structure to the analysis required to achieve key deliverables including how technology can be applied to solve business / process issues
- Perform financial, credit, industry transaction, structure and terms analyses to establish credit-specific ratings
- Co-ordinates response to quantified risks, which may involve acceptance, transfer, reduction or elimination
- Reviews compliance to information security policies and standards
- Create robust bottom-up forecasting capabilities of capital needs and capital resources accurately projecting future gaps/excesses
- Provide leadership for the Insurance function through effective supervision, motivation, and development of staff, forging strong relationships with the various internal and external constituencies
Qualifications for corporate risk
- Structured and organized – ability to organize projects, results and documentation that is effective from a business management perspective and will facilitate audit and regulatory reviews
- Expertise in Application Architecture, Data Architecture and Technology Architecture
- 2-4 years experience in financial services preferably in the Risk, Compliance, Audit or Controls environment
- Understanding of market & credit risk methodologies, VaR, ERC
- VBA and SQL knowledge required
- Other insurance products and coverages
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Corporate Risk Job Description
Job Description Example
Our company is growing rapidly and is looking for a corporate risk. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for corporate risk
- 35% Facilitate regulatory and internal exams
- 35% Develop and support implementation of internal project planning related to ongoing process improvement and remediation activities for CCAR and DFAST regulations
- 20% Perform peer and industry research and support the Director in the planning and communications processes for various regulatory stress testing (CCAR / DFAST) requirements
- Partnering with technology in writing business requirements, technical design documents, test plans and implementation plans in support of new and/or modified BSA/AML application solutions
- Proactively assessing technical needs and current possible technical solutions to best leverage technology to create ongoing efficiencies and effectiveness
- Partnering with the FID teams (SAM / EDD / Enforcement Reporting / Management) in assessing, analyzing, and working with technology to implementing strategic technical efficiencies and integrations
- Supporting system configurations, forms, modeler and other configurations within the BSA Applications
- Analyzing and tuning Actimize SAM Rules / DCI EDD Customer Risk Model, leveraging tools that support reviewing analytics and metrics, recommending and documenting the rationale for the change
- Developing, managing and evolving documentation in support of BSA/AML Model validations
- Serving as a back-up to FID application management when management is not available
Qualifications for corporate risk
- Well-organized, able to prioritize
- Able to own an issue and creatively find potential solutions
- Have a comprehensive understanding of Corporate Credit Risk
- Must have superior communication and credit skills, line management and administrative experience
- The position requires extensive knowledge and experience with credit portfolio, portfolio management and risk management
- Minimum Bachelor's degree in a quantitative field
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Corporate Risk Job Description
Job Description Example
Our growing company is looking to fill the role of corporate risk. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for corporate risk
- Providing FID representation for enterprise and CRM initiatives for the purpose of guidance, requirements, design, reporting, documentation
- Provides guidance to Corporate and Center staff with respect to claim-related issues
- Develops and prepare claims reports and analyses from the data contained in the Claims system
- Support CRM project initiatives to include project planning, writing and reviewing business and business design requirements, developing test cases, testing and implementation, project prioritization and risk mitigation in partnership with the CRM PMO
- Support data and reporting requirements for corporate risk solutions including management and board reporting data needs for regulatory and audit requests
- Support system configurations, forms, modeler and other business line configurations within the CRM Applications
- Support calibration of Actimize SAM Rules / DCI EDD Customer Risk Model and other CRM thresholds, leveraging tools that support reviewing analytics and metrics
- Work with technology, serving as business line resource for questions, issues, data, configuration, reporting, and general business line support for CRM tools and systems
- Maintaining knowledge by attending educational workshops
- Work with line of business, Finance and Risk teams to enhance the existing Risk Appetite framework in line with senior management and regulatory guidance and best practices
Qualifications for corporate risk
- High attention to detail and ability to work independently to produce executive-level materials / presentations
- Experience in Risk Management, Treasury or a Finance function
- Experience in fixed income products, mainly loans, deposits and capital markets instruments
- Knowledge of standard financial concepts including present value analysis and financial modeling
- Excellent oral and written communication skills with ability to prepare executive level presentations
- Trading, quant and/or hands-on risk management experience with exotic derivatives, preferably, credit/funding valuation adjustments, CCR exposure metrics and margining
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Corporate Risk Job Description
Job Description Example
Our company is growing rapidly and is looking for a corporate risk. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for corporate risk
- Develop and maintain the risk governance framework including policy review, limit monitoring, standards and best practices for AM and CCB
- Develop appropriate analytics for senior management, business partners, risk committees and regulators
- Lead the development and review of proposals for liquidity risk monitoring, metrics and stress tests across AM and CCB, in partnership with the LOB Treasurers
- Review assumptions and metrics for appropriate consistency across the retail space
- Coordinate with other LRO leads to ensure consistency in approaches and awareness of ongoing projects
- Provide independent review and analysis of regulatory and internal stress scenarios and ad hoc requests
- Lead the review of daily liquidity stress changes for AM and CCB
- Play a key role in the development and build-out of the liquidity risk management process and infrastructure
- Provide periodic updates to LOB CROs on liquidity developments
- Reviewing, challenging, and integrating the results of the ORMF implementation
Qualifications for corporate risk
- Programming experience (Python/C++)
- Professional client handling and relationship building with all cover groups
- Understanding of risk, financial regulatory and policy requirements
- MSc or equivalent degree in mathematics or finance
- Manage the corporate risk and control assessment reporting process manage and maintain infrastructure elements
- Ensure corporate and departmental objectives are effectively communicated and ensure these are understood and adhered to