Director Risk Job Description
Director Risk Duties & Responsibilities
To write an effective director risk job description, begin by listing detailed duties, responsibilities and expectations. We have included director risk job description templates that you can modify and use.
Sample responsibilities for this position include:
Director Risk Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Director Risk
List any licenses or certifications required by the position: GIAC, ENCE, CFCE, IR, CREST, CISSP, CISM, CRISC, CISA, ICAO
Education for Director Risk
Typically a job would require a certain level of education.
Employers hiring for the director risk job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, Management, Accounting, Economics, Engineering, Education, Mathematics, Statistics, MBA
Skills for Director Risk
Desired skills for director risk include:
Desired experience for director risk includes:
Director Risk Examples
Director Risk Job Description
- Lead the implementation and sustainment of operational risk management programs and practices
- Apply your in-depth knowledge of business strategies, programs, policies and procedures to identify key operational risk exposures within PDI and PFP and their impact on business objectives
- Review and complete documentation of scoping, process understanding, risk and control identification, control evaluation and observations in audit toolkit
- Make decisions on a broad range of factors
- Write high-quality observations and audit reports
- Work with business segment audit teams to consistently assess and audit controls around model-driven processes
- Creates and fosters an environment of partnership and collaboration between GPV and the project/product team
- Assist in creating and communicating the strategic vision for effective governance processes, and the assessment of enterprise and operational risks
- Partner with key stakeholders and leaders to build and execute overall strategy
- Lead initiatives to develop and maintain process measurements and implement controls to monitor current processes across the organization
- Ability to influence and lead within the group, and across Russell globally
- Keen sense of what steps are required for controls to be made effective, sequencing & priority
- Bachelor's Degree in Management Information Systems, Computer Science or related discipline degree from an accredited college or university OR equivalent experience
- Ten (10) years of direct experience in information security, information systems, information security audit or risk management
- Demonstrated experience leading the development and implementation technology risk management program in a multifaceted organization
- 10+ years of experience related to Operational Risk, in management and execution roles in business, operations or control functions, Internal Audit or, Enterprise/Operational Risk Management
Director Risk Job Description
- Guide the development of Operational Risk Framework components for PDI and PFP
- Provide risk mitigation strategies and support to the businesses to drive understanding of operational risk exposure and risk mitigating controls in PDI and PFP
- Provide oversight for risk analytics and engage business stakeholders with insight into the business’ key risks
- Help design operational risk policies and lead the implementation of the policies within PDI and PFP
- Establish routines with GRM and Product Heads to review progress of assessments, address data integrity issues and identify potential challenges to timelines
- Provide guidance for project risk assessments, identify opportunities for control optimization and assist with determining the risk and impact to the business’ operational risk profile
- Report operational risk profiles, analysis and exposures to the PDI and PFP Executives and Senior Management
- Support the development, and challenge, of management action plans for operational related audit issues
- Ensures appropriate exam outcomes for Treasury Solutions through exam management protocols
- Participates as a member of the team identified to complete a Root Cause Analysis (RCA)
- Ensure model development, validation, monitoring/reporting processes are compliant with regulatory requirements
- Keep abreast and ensure compliance with new and evolving Basel/Regulatory requirements
- Participate in industry forums on regulatory developments
- Self-management in an offshore location reporting up to an overseas location
- Prioritizing and managing workload in a group-wide manner, adjusting and escalating accordingly
- Developing and manage staff for career and performance management
Director Risk Job Description
- Implement ORM framework for specific business units and promote risk analysis to support decision making
- Act as risk advisor to management
- Build strong partnerships across the organization and reinforce a balanced focus between the business goals of revenue growth with the need to maintain a proper risk / reward balance across locations and business units
- Strategic planning and solution identification as it pertains to the ICAP (Internal Control Assessment Program), or other risk and control initiatives
- Provide risk-focused analytic support for department initiatives including transaction monitoring strategies, customer risk ranking model, country risk ranking list, NAICS code list and
- Work with the business to develop and recommend risk strategies based on qualitative and quantitative analysis
- Provide advice and guidance to the various production entities and Warner Bros
- The Director of Liquidity Risk is responsible of assisting VP Market risk in ensuring appropriate measures are in place and steps taken to effectively and optimally measure, model, analyze and interpret changes to the company’s liquidity risk profile
- Manage and coordinate all key risk activities across the Consumer FLU, to ensure material risks are identified, escalated, managed and remediated timely
- Participate to Corporate Risk assessment processes for Consumer, such as SOX, Operational Risk Control Self-Assessments, Vendor Risk Assessments, Compliance Risk Assessments, Business Continuity Planning
- Strong interpersonal and communication skills and display initiative to lead discussions with operational staff at all levels, business leaders and risk management colleagues
- Ability to make decisions and work closely with peers/ senior management
- Managing and executing tasks within set timeframes
- Qualitative development of internal models and limit framework for market risks and possess deep understanding of current and future regulatory requirements particularly in relation to China
- Drive Market Risk analysis and build for new products, highlighting and resolving issues as required
- Minimum of 10 Years Traded Market Risk Experience preferably in Rates or FX
Director Risk Job Description
- Maintain high functioning staff by recruiting, selecting, orienting, and training employees
- Serve as risk adjustment coding subject matter expert for Medicare plans and corporate HCC/RAF outreach teams
- Promote a provider-friendly, customer service oriented philosophy within the HCC/RAF department
- Counsel the complete risk management relationship, within multiple business lines, between other first line of defense risk teams influencing teams to satisfy internal audit demands and/or external regulators
- Oversee holistic risk based governances over multiple business lines and consult in first line, participate in second line of defense governance frameworks
- Manages all aspects of insurance policy administration including Corporate Insurance program and project specific placements
- Administers and maintains organization’s insurance programs
- Manage annual policy renewals
- Review and approve premium payments
- Develop allocation of insurance costs, including captive premiums
- 10+ years of experience related to Operational Risk, in management and execution roles in operations functions and in control functions, Internal Audit, Enterprise Risk Management
- Strong technical knowledge with particular emphasis on RMB markets and able to use initiative
- Ability to work as part of a global team and with a broad group of stakeholders
- Experience in the financial services industry with a preference for retirement, life insurance and retail financial services is required
- Undergraduate degree and / or professional or Industry qualifications
- Advanced degree in accounting, finance, or economics from an accredited college/university
Director Risk Job Description
- Global insurance program management including the understanding of a global insurance program and local insurance program interface
- Conduct safety and security patrols of property
- Attend meetings schedule and conduct departmental meetings
- Must be highly skilled at working with various departments within a large medical center, and will manage initiatives from inception through implementation
- Injury, Illness, and Near Miss Reporting
- Workers Compensation Claims, Claim Information Requests and Management Insurances Carrier and Loss Adjustments
- Maintenance of accurate data on certificates of insurance, property and vehicle assets
- Accident Prevention Plan
- Modified Duty Program to include Medical Monitoring and Surveillance Program
- Identify safety and protection goals, objectives and metrics consistent with corporate strategic plan
- Experience in financial service industries required
- 3-5 year’s experience in creating contracts, negotiations, and vendor management required
- Significant ( > 7 years) experience within an oil, gas or petrochemical operating environment
- Good knowledge of hazard modelling tools is preferable but not essential
- Previous consulting experience beneficial but not essential
- Must be able to demonstrate an ability to relate to clients in different cultures and at different levels of the organisation - from plant operator to senior manager