RISK MANAGEMENT SUPERVISOR
The role of a Risk Management Supervisor is to communicate risk policies and processes for an organization. They provide hands-on development of risk models involving market, credit and operational risk, assure controls are operating effectively, and provide research and analytical support. Risk Managers must have excellent quantitative and analytical skills, along with the ability to apply those skills across a variety of business processes
ROLES & RESPONSIBILITIES
- Designing and implementing an overall risk management process for the organization, which includes an analysis of the financial impact on the company when risks occur
- Performing a risk assessment: Analyzing current risks and identifying potential risks that are affecting the company.
- Performing a risk evaluation: Evaluating the company’s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs and legal requirements
- Establishing the level of risk the company are willing to take
- Preparing risk management and insurance budgets
- Risk reporting tailored to the relevant audience. (Educating the board of directors about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)
- Explaining the external risk posed by corporate governance to stakeholders
- Creating business continuity plans to limit risks
- Conducting policy and compliance audits, which will include liaising with internal and external auditors
- Reviewing any new major contracts or internal business proposal
- Building risk awareness amongst staff by providing support and training within the company
- Reviewing any new major contracts or internal business proposals
- Implementing health and safety measures, and purchasing insurance.
KEY PERFORMANCE INDICATORS
- Business System Availability
- An ability to work well under pressure and to deliver to tight deadlines.
- Attention to detail
- Ability to build effective relationships to enable fulfilment of the job role.
- Timeline for Problem Resolution (within 1 hour and 24 hours for minor and major respectively)
- Number of Projects Planned for the year versus number delivered Security of database
- A good university degree in Risk Management, Management or Business Studies, Finance or Economics, Engineering, Law or related discipline. MBA in Risk Management would be advantage
KEY COMPETENCY REQUIREMENTS
Numerate and competent user of Microsoft Office suite.
Experienced in conducting desk based research
Excellent writing skills.
The person should be able to identify key points on any issue and translate these into clear, succinct messages
Planning and organizational skills
Ability to understand broader business issues
Analytical skills and eye for details