Risk Management Manager Job Description
Risk management manager
provides risk reporting to corporate committees and the executive board for liquidity risk, interest rate risk and capital markets activities.
Risk Management Manager Duties & Responsibilities
To write an effective risk management manager job description, begin by listing detailed duties, responsibilities and expectations. We have included risk management manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Responsible for Risk Management activities for the STS BMG and TS group, which includes, Enterprise Road to Strong, Recovery and Resiliancy Planning, Strategic and Process Based Risk and Control Self Assessments, and Basel AMA
Ensure a thorough understanding and keep current on new Risk Management industry best practices
Work with management to implement the model risk management program across the organization and ensure consistency and transparency of the MRM program’s direction, vision, strategy and governance controls
Develop and provide expertise in model risk management and model validation
Build network across the industry and enable collaboration and reuse of model risk management practices and expertise across the firm’s
Participate in other risk management activities as assigned
Perform risk analysis and lead control projects related to new products and process enhancements
Review internal control self assessment reports for each business units and provide recommendations
Identifying, assessing, monitoring, communicating and reporting on the product risk profile as the Product Risk Manager
Monitoring and analyzing risks within the company's business units and report on these risks to the internal and external risk committees
Risk Management Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk Management Manager
List any licenses or certifications required by the position: PMP, CISSP, CISA, CISM, CRISC, LEAN, PRM, FRM, ARM, CRM
Education for Risk Management Manager
Typically a job would require a certain level of education.
Employers hiring for the risk management manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Engineering, Finance, Economics, Statistics, Mathematics, Business, MBA, Management, Computer Science, Accounting
Skills for Risk Management Manager
Desired skills for risk management manager include:
RSM Tax Policies and the regulatory and ethics standards applicable to U.S. tax practice
Cash management
Debt capital markets and interest rate risk management
EPA
FX
OSHA
Risk management
ANS X9/TR-39
Credit-related laws
Current insurance market conditions and practices
Desired experience for risk management manager includes:
In depth knowledge of Wealth Management processes and workflows considered to be an asset
Strong team player and be known for providing creative thought leadership while also listening and engaging others to provide input
Superior analytical skills in assessing risk issues and challenging the status quo with the ability to synthesize information into key messages for executive reporting and communications
Ability to work independently, apply critical and strategic thinking to issues, make timely decisions, and manage deadlines while multi-tasking amongst different priorities
Ability to draft high quality reports, policies, presentations, procedures, and business correspondence, often for an executive audience
Ability to coach, counsel, train, and lead staff
Risk Management Manager Examples
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Risk Management Manager Job Description
Job Description Example
Our company is growing rapidly and is looking for a risk management manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk management manager
- Lead projects and work closely with team members inside Risk Management Applications and Independence Operations
- Develop and maintain close relationships with US and Global ITS and Audit Risk Management
- Support the implementation and sustainment of operational risk management programs and practices
- Assist in the development and mentoring of new tutors for training program
- Monitor the safety profile of assigned compounds to identify any safety signals and support execution of plans for signal evaluations
- Co-author regulatory documents for assigned compounds
- Develop SMT presentations
- Conduct oversight testing of operational and compliance related controls
- Provide continuous monitoring from analytic, off-site and on-site testing throughout the Canadian Banking (CB) sales and service networks
- Manage a diverse team of talented Consultants while coaching them to their highest potential
Qualifications for risk management manager
- Strong knowledge of statistics and predictive methods
- Be an ambassador for, and provide thought leadership in, cultivating a heightened level of control awareness and ownership
- Establish organizational procedures and plans, consistent with company policy
- Provide leadership, coaching and mentorship to managers and individual contributors across the entire organization in relation to risk framework
- Master degree in related field required or equivalent professional work related experience
- Must possess outstanding interpersonal and stakeholder management skills
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Risk Management Manager Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of risk management manager. 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 risk management manager
- Review insurance provisions/requirements in client engagement agreements/contracts, subcontracts, leases and vendor contracts to ensure compliance with the US Firms’ insurance and risk management programs and resolve conflicts as necessary
- Partner with key risk stakeholders (Human Resources, Loss Prevention, Store Operations, Supply Chain, Finance, and Legal) to provide advice and implement risk management strategy risk-related awareness, training and compliance programs across the enterprise
- Use Open Pages system to document and maintain program execution outcomes
- Leverage the expertise of Functional and Centres of Governance (COG) partners when assessing the level of risk and control optimization for the business
- Facilitates the root cause analysis process in the event of a sentinel or near miss event
- Manages CRICO RCA database
- Leads patient safety efforts
- Collaborates with the Patient/Family Relations (PFR) staff on matters of concern voiced by patients
- Collaborates with the Office of General Counsel and CRICO on potential or actual legal matters
- Generation of standardized specific market risk RWA including the SSFA calculation for securitized products
Qualifications for risk management manager
- Bachelor degree in Statistics, Econometrics, Engineering, Physics, Mathematics, Operations Research or Computer Science
- Knowledge of Statistical and Optimization concepts
- Experience in SQL, SAS, Excel and Visual Basic
- Ability to build business case, project planning, execution and project closure
- Proven experience with continuous improvement or LEAN-related concepts, change management
- Minimum 5 years of experience in insurance product development, pricing, underwriting, reserving, reinsurance and/or capital management
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Risk Management Manager Job Description
Job Description Example
Our growing company is looking for a risk management manager. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk management manager
- Significant experience and understanding of the design and delivery of Risk Management Framework, policies and processes
- Develop and maintain Model Validation and Model Risk Management (MRM) policies for the Enterprise
- Actively participate in supporting the Director, Corporate Operational Risk Management with various projects and adhoc requests
- Participate in a small number of high impact projects to provide guidance and influence from a change perspective, focusing on effective execution and transition from current to future/steady state on all impacted teams and processes
- Gain a view on all projects across all Risk teams, and establish a method to rationalize and prioritize the projects
- Build the engagement model between the team and the EPMO, focusing on minimizing areas of duplication, and positioning projects and initiatives for success
- Review and prepare premium and claims invoicing, including coordination with accounting to ensure charges are charged out appropriately
- Seeks to identify and evaluate potential risks on new business prospects and advises the Director
- To support the Management / Management Committee in assessing the risks and contract deviations on major contracts
- Secure information, update spreadsheets and analyze data contained in various underwriting schedules including the US firms’ property/asset values, office locations and square footage, leased/owned vehicles and employee payroll (including payroll audits) as part of annual renewal process
Qualifications for risk management manager
- Excellent leadership and communication skills, , a highly flexible and team oriented personality
- Mastersd degree in Statistics, Mathematics, Economics, Engineering, or related fields required- Ph.D
- Experience with one of the following data manipulation and modeling tools, such as SAS, R, SQL, Python
- Experience in Basel capital or economic capital risk modeling is preferred
- Good written and oral communication skills and ability to articulate complex theories, concepts, methodology and findings
- Strong relationship management skills and the ability to work effectively with colleagues, business area points of contact and leaders
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Risk Management Manager Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of risk management manager. 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 risk management manager
- Manage, develop and mentor teams of Information Security and IS Risk Management professionals contractors, vendors and services providers
- Dedication in maintaining high quality standards and overall stakeholder satisfaction
- Extensive product and business knowledge- It would be greatly beneficial if candidates had experience within a 1st Line business Products & Propositions role
- A good understanding of regulatory requirements and governance frameworks
- Formalize standards for model risk governance
- Develop a model inventory protocol
- Utilize a rationalized scale
- Managing the Operational Risk Events (OREs) process (i.e., data analysis, provide effective second line of defence challenge, tracking of issues and action plans, supporting the delivery of ORE training, Management and Board reporting, developments and enhancements of the stream)
- Managing the maintenance and continuous enhancements of the ORE Share Point tool
- Co-Leading the Case Studies program, whereby operational risk vignettes are written and published on various forums across SLF (Global Source, Operational Risk Community)
Qualifications for risk management manager
- Proficiency in PowerPoint, Excel and Word required
- Strong relationship building experience / ability to develop relationships
- Intermediate knowledge of business areas processes and/or products and operations
- A relevant risk professional designation preferred
- Bachelors in quantitative field (e.g., Bachelors in Engineering, Computer Science, Statistics, Econometrics, Mathematics, Operations Research), M.S or MBA
- Must be able to develop solutions to problems that require coordination of technologies across program requirements
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Risk Management Manager Job Description
Job Description Example
Our company is searching for experienced candidates for the position of risk management manager. 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 risk management manager
- Participates in the development of and executes a strategic plan for the Third Party Risk Management department in alignment with organizational goals, enterprise-wide risk objectives and audit requirements
- Advise clients and enhance their strategic risk awareness in the areas of enterprise risk management, geospatial analytics, crisis management and grants management
- Assist in the development and implementation of new ideas and concepts identified as necessary to further the maturity of the risk program and to follow emerging best risk management practices
- Oversees the escalation, communication, and closure of issues identified in the Operational Risk Management Validation & Control (ORMVC) program
- Prepare and deliver proactive security and safety communications to business travelers
- Development, coordination, and distribution of enterprise travel safety products
- Risk-based guidance to lines of business and leadership in response to critical incidents and travel security
- Influence intelligence requirements, special projects, and ad-hoc research initiatives
- Assess data to identify patterns and trends which could compromise Employee travel safety
- International travel policy management and partnership with corporate travel
Qualifications for risk management manager
- Ability to think critically and independently, devote significant attention to details, remain highly organized, and clearly communicate complex material to management
- Willingness to collaborate with cross-functional teams to drive business process and project execution
- Ability to write policies and procedures reports, including to senior management
- Multidisciplinary/lateral thinking
- Experience with all aspects of regulatory and contractual compliance, especially Payment Card Industry (PCI), Sarbanes Oxley, and Health Information Portability and Accountability Act (HIPAA) requirements for as they relate to IT
- CISSP (Certified Information System Security Professional), CISA (Certified Information Systems Auditor) OR CRISC (Certified in Risk and Information System Control) OR CGEIT (Certified in Governance of Enterprise IT)