Director, Risk Management Job Description
Director, Risk Management Duties & Responsibilities
To write an effective director, risk management job description, begin by listing detailed duties, responsibilities and expectations. We have included director, risk management job description templates that you can modify and use.
Sample responsibilities for this position include:
Director, Risk Management Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Director, Risk Management
List any licenses or certifications required by the position: CISSP, CISA, CISM, PMP, CRISC, GIAC, CPA, CPCU, ARM, JD
Education for Director, Risk Management
Typically a job would require a certain level of education.
Employers hiring for the director, risk management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Management, Finance, Business, Economics, Nursing, Education, MBA, Mathematics, Statistics, Engineering
Skills for Director, Risk Management
Desired skills for director, risk management include:
Desired experience for director, risk management includes:
Director, Risk Management Examples
Director, Risk Management Job Description
- Credit adjudication under terms and conditions of signed Delegated bank and Sovereign Credit Approval Authorities
- Measure and understand drivers in counterparty credit risk exposure
- Understand and explain wider issues that could impact the risk profile of the trading floor
- Review and perform additional analysis on credits presented to the CMRM group by Corporate Credit Products Europe
- Work with London operation risk to review credit risk excesses for London monitored credits
- Performing ongoing portfolio monitoring on London counterparty credits
- To be accountable for the AFC and AML strategy which supports the business strategy
- People strategies and resource management successfully implemented to meet agreed business objectives
- University Degree in business or a quantitative discipline (Commerce, Business, Math., Phys.)
- At least five years’ experience working in equities
- The candidate must have an in depth understanding of operational risk including Operational Risk Policy, Framework & Program elements such as RCSAs, KRIs, Scenario Analysis, Loss Analytics
- They must understand and be able to implement best practices in the industry
- The candidate must be able to work successfully with a diversity of individuals and constituencies internally & externally, and to be adept at building consensus even amidst a dispersed operating environment and of making decisions despite, at times, a degree of ambiguity or incomplete information
- Business process understanding (direct experience in managing a process with accountability for compliance or operational risk preferred)
- Experience working with a GRC platform preferred
- Basel II operational risk management knowledge preferred
Director, Risk Management Job Description
- Knowledge of Market Structures across APAC
- Able to work through complex issues and drive commercial solutions/decisions
- Able to work with and influence senior stake holders
- Train risk owners on the ERM framework and ERM best practices
- Develop qualitative and quantitative indicators of operational risk information for GRM
- Effectively control Market Risk in accordance with the applicable Conduct Rules
- Maintain oversight of staff responsible for monitoring and analysing market risk exposures
- Provide analysis around threshold breaches and communicate those findings to both senior risk and trading management
- Ensure timely delivery of risk reports, with ability to resolve any reporting problems and design new risk reports
- Design and implement portfolio level stress tests, assessment of both downside risk and product class behaviour
- 8-10 years of related work experience with a minimum of 3 years in risk management, audit or similar function within the institutional asset management business
- Computer proficiency to effectively use various computer software applications, including word processing, spreadsheets, database systems, e-mail
- Advanced knowledge of balance sheet modeling systems the underlying data management and reporting platforms
- Bachelor's degree and 10+ years of audit experience in relevant financial services industry
- Total competency in relationship management and teamwork
- Demonstrated ability to coach/mentor others
Director, Risk Management Job Description
- Analyse risks associated with equities capital markets transactions, such as equity underwritings
- Able to assess complex structures and utilise mitigation techniques contributes to the management or risk
- Pro-actively manage risk exposures alongside trading management at time of market disruption
- Be a member of the UK Market Risk Committee, and advisor and attendee to the London New Business Committee (NBC)
- Responsible for Safety Surveillance activities such as signaling reviews using medical judgment in review of individual cases overseeing the medical judgment of other staff
- Supports the development and maintenance of risk scorecards for the Firm and Business Units
- Prepares executive level reporting for senior management, ERM, and the board
- Assesses, recommends and facilitates approval of the firm’s Operational Risk Policy, Model Risk Policy and standards that incorporate operational risk limits and tolerances
- Escalates issues and potential exposures to senior management
- Consults with business unit, senior management, and the board to ensure an integrated methodology application and integration and to share vision, align objectives and achieve goals
- Experience of operating a risk management framework and associated processes
- Investigation of risk events and management of risk governance and reporting
- Advanced Excel skills for analytics purposes and experience of operating a risk management system
- Strong aptitude for networking and relationship-building
- 10+ years working for a financial institution as a model developer/validator and risk analyst ie
- University degree or equivalent and a post-degree, professional designation
Director, Risk Management Job Description
- Provide timely and accurate evaluation of operations property preservation, construction, protection, hazards, and business interruption exposures
- Research, develop and recommend good protection and safety practices to assist in preventing loss of life and property and continuity of client business operations
- Prepare reports and risk analysis studies to enhance and improve current offerings
- Prepare special risk analysis on specific projects
- Analyze claims activities of existing clients and develop new loss prevention strategies
- Participate in account acquisition and retention efforts as needed
- Contribute to, and maintain a comprehensive loss prevention/control online library
- Working with senior leadership, legal, finance, compliance, facilities, security, contracts, business development and other organizations in developing risk mitigation strategies in response to new business capture requirements, evaluations of acquisition candidates, and other events that may impact our existing risk profile
- Developing business cases that clearly compare costs associated with taking risk mitigation actions versus the potential financial consequences of not taking action
- Maintaining a comprehensive program of workers’ compensation cost containment
- Working knowledge of KP Health Connect utilization and reporting capabilities including other adjunctive Information Technology applications/systems
- Demonstrated ability to complete data analysis, develop recommendations and communication of findings to appropriate stakeholders that promote performance improvement - this will link the data from risk claims, significant events reporting, near misses from risk data base into actionable process to improve patient safety
- 8+ years of relevant experience in payment industry, financial services, program/project management and/or management consulting functional experience with progressively increasing responsibilities
- Excellent communications skills (written, oral, presentation skills), including the ability to diplomatically build consensus across disparate views and organizations
- Exceptional project management and reporting skills
- At least 5 years of experience in a Risk Governance, Information Security, or Compliance Role
Director, Risk Management Job Description
- Create a security assessment framework then perform and report on security assessments that identify risks across the organization’s governance, infrastructure, operational and other controls / environments
- Direct and lead the team to review the design, deployment, and operational state of security controls and remediate gaps identified
- Develop and promote the security assessment programs, ensuring technology control owners are assessing the technology risk in their environments identifying breaks in their control effectiveness
- Liaise with technology process owners to ensure they understand security and compliance risks that need to be mitigated
- Liaise with Internal Audit, External Audit, Regulators/Examiners, and other entities performing control reviews
- Assist process owners in the development of controls to mitigate technology risks
- Help define control lifecycle to ensure that controls are reviewed/updated/retired, owners are engaged, performers are aware and trained on their responsibilities
- Ability to communicate effectively and influence people across multiple levels
- Participate and lead external initiatives to expose and mitigate fraud risks that threaten online commerce the company’s business
- Focuses on risk reduction, patient safety, patient experience and loss prevention, and collaborates with colleagues in the Quality Assurance department with the goal of maintaining a high-quality, safe environment for patients and associates alike
- Professional designations a plus
- Experience evaluating renewal proposals, preparing financial comparisons of competing proposals, making recommendations to senior management
- First level university degree with a focus in business or risk management
- Decisiveness, action-orientation, personal integrity, capability to persevere in difficult situations
- Subject-matter expertise and excellent command of risk management, including holistic understanding of risks
- Review and validation of risk models (internal models for banks/insurance, IARB, VaR model, credit, …)