Business Risk Manager Job Description
Business Risk Manager Duties & Responsibilities
To write an effective business risk manager job description, begin by listing detailed duties, responsibilities and expectations. We have included business risk manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Business Risk Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Business Risk Manager
List any licenses or certifications required by the position: PMP, CAPM, CAMS, ISO, BCM, CIA, CISA, CPA, BA, CBCP
Education for Business Risk Manager
Typically a job would require a certain level of education.
Employers hiring for the business risk manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and University Degree in Business, Finance, Management, Accounting, Economics, Education, Engineering, Computer Science, MBA, Business/Administration
Skills for Business Risk Manager
Desired skills for business risk manager include:
Desired experience for business risk manager includes:
Business Risk Manager Examples
Business Risk Manager Job Description
- Be team player and help develop and lead the strategic direction of Canada Risk Management
- Advising clients on best practice for various analytical efforts
- Support the continuous evolution of the Risk & Control (R&C) Framework
- Develop and implement best practice standards and secure sustainable effectiveness of operational controls
- Manage regulatory and R&C projects/initiatives in coordination with regional stakeholders
- Support New Business and other projects, including risk assessments
- Support the management of regulatory exams, internal/external audits, and Desk Reviews, incl
- Provide high quality advisory services to Front Office/Investment Advisory areas across all R&C topics to enable and further develop GEAM’s businesses
- Participate in relevant committees, forums and task forces
- Own day-to-day management of PRTs bidding process for our buy-out and buy-in products
- Supports effective collaboration between Risk, Regulatory Compliance and Financial Crime
- Assist the business in resolving technology based audit findings consult with IT Teams to identify mitigation strategies to internal audit findings
- Strong change management & organizational skills, with demonstrated ability to act as a catalyst for change
- Ability to manage multiple portfolios, deadlines, and competing priorities in a fast-paced environment
- Confident, transparent and concise communicator through different mediums
- Sound judgment, analytical and problem-solving skills
Business Risk Manager Job Description
- Ensuring that an effective framework is in place and that it aligns with the group and regulatory standards
- Establishing and maintaining the risk framework and operating procedure
- Working with other governance stakeholders to ensure the processes complies with the relevant regulations
- Handling any new business initiatives/projects
- Supervise any ongoing monitoring and surveillance programs
- Handling any risk-related reporting/compliants
- Assesses the business, reputational and financial implications and risks of non-standard account and service structures
- Reviews and assesses, in consultation with HO Law, when appropriate, client requested amendments to documentation, responds to and/or assists the MD/RMs with responses to such changes, negotiates directly, or assist MD/RMs in negotiation with senior client treasury or legal officers to ensure that the Bank’s position is sufficiently protected, while still accommodating the client’s needs where feasible
- Submits, within Delegates Authorities, to DBR, exceptions to policy or assist the MD/RMs, or directly with MD/RMs concurrence, provides recommendation to DBR for exceptions to policy for onward approval, clearly outlining the nature of the exceptions, the associated risks, mitigations thereto, consequences and rationale for the recommendation
- Is primary BU resource for all matters relating to Centralized Banking Agreements
- Business process analysis and documentation skills are imperative excellent numerical and problem solving ability
- 5+ years experience in Risk Management, Process Management, or related fields
- Risk Management Certification, Business Process certifications, Business Continuity Certification and/or Quality certifications such as Green Belt
- Experience within a financial institution, or federally regulated enterprise
- Ability in taking on and quickly resolving unstructured tasks taking open questions or issues and within a short time-frame conducting analysis, defining solutions and agreeing resolution
- Understanding of the Institutional Retirement business required
Business Risk Manager Job Description
- Is primary BU resource for all matters relating to Blocked Account Agreements
- Assists MD/RMs with the correction of any account and service agreement out of order situations
- In conjunction with the MD/RMs, works closely with and, when necessary, negotiates with other RBFG business units to ensure that product and service needs meet general BU and client specific strategies
- Assists MD/RMs with development of protective strategies in cases where client risk rating is declining to or below desired thresholds
- In close conjunction with the MD/RMs, monitors portfolio quality (BRR’s, external debt ratings, etc)
- Coaches MD/RMs on risk issues, impact of amendments to documentation, impact of non-standard documentation
- Is a core liaison officer with GBSC for matters related to account and service/product documentation
- Performing targeted operational risk reviews and control assurance activities
- Analysing and preparing periodic board and senior management reporting on the operational risk profile of businesses in the region
- Analysing operational incidents (including root cause analysis) to identify control improvements necessary and ensuring actions are implemented by the CAF business
- A Bachelor’s degree or equivalent experience with major or minor in computer science or related field
- Spanish and/or Portuguese language skills preferred
- To periodically assess the effectiveness of operational risk management across our Asian businesses (ie
- Business analysis and experience with gathering and writing business requirements and other related project documentation
- Ability to engage and establish relationships with multiple stakeholder groups (Front Office, Quantitative Strategies
- 5+ years of operational risk management experience
Business Risk Manager Job Description
- Increasing awareness of operational risk and controls across CAF through the development, delivery and monitoring of relevant training
- Assisting businesses in the scoping and deployment of significant business enhancements, such as new system implementations, to ensure operational risks have been considered and mitigated
- Drafting and assisting with implementing solutions for process and control designs
- Assisting with internal and external audit processes
- Operational incident and breach reporting
- Assessing new product and business opportunities for operational risks, providing guidance on the approval of these activities, and ensuring post completion conditions to approval are implemented effectively
- Operational Risk, Assurance, Internal Audit or Control background
- A track record in identifying operational issues and developing and implementing solutions
- The ability to work independently collaboratively within a team of specialists
- The ability to contribute to conversations with business leaders and risk management colleagues regarding anticipated and emerging issues
- Good ability to balance risks and business issues
- Strong communication skills – listening, verbal, written, to initiate/respond at the senior client and Bank level
- Ability to effectively communicate complex risk related, services and relationship issues to senior management, both internally and externally
- Client industry and financial markets knowledge
- Thorough knowledge of RBCFG capabilities and strategies
- Creative / analytical thinking, problem solving
Business Risk Manager Job Description
- The ability to deliver in a fast-paced, output focused environment
- Confidence in presenting to a range of audiences
- The ability to bring a high level of energy and commitment to the team
- Strong tertiary qualifications in Accounting, Audit, Finance, Commerce or a similar discipline
- This position is responsible for managing and oversight of applicable business unit programs, a sub-functional unit, distinct activities or combinations thereof within the risk function
- With Risk Management and Controls Director, analyzes and assists in the drafting of compliance-related STAR Rules for external sources such as Members, Processors, Sponsors and ISOs internal resources such as Relationship Managers, sales executives, Product teams and operational staff
- Plan scope of work, monitor, supervise and review work of staff on project engagements
- This position is responsible for managing and oversight of applicable business unit programs, a sub-functional unit, distinct activities or combinations thereof within the risk function.Provides significant contributions to the development, implementation and enforcement of policies, procedures, and programs designed to minimize legal and/or other risk within the established strategies of the Department and the company
- Holds teams accountable for their commitments by providing oversight and guidance in appropriate forums
- Participates in Agile forums including portfolio grooming, program grooming, sprint backlog grooming, sprint review and demo
- Has written and spoken French language capabilities
- Strong interpersonal skills, mentoring ability / team player
- Achievement motivated / action oriented
- Familiarity with COSO
- Working with key MSG stakeholders to investigate operational risk incidents and the implementation of remedial actions and improvements to the control framework
- Compiling and communicating information to MSG Management and Governance forums within ANZ and globally where require