Risk Job Description
Risk
provides direction and guidance to ensure that the department's general business practices and procedures comply with the Bank's policies and applicable regulations.
Risk Duties & Responsibilities
To write an effective risk job description, begin by listing detailed duties, responsibilities and expectations. We have included risk job description templates that you can modify and use.
Sample responsibilities for this position include:
Monitors activities and technologies throughout the GDCO organization to identify Risk activities associated with the introduction of new systems and processes
Support Risk Management processes throughout GDCO - 50%
Facing off to key stakeholders
Understanding movements of risk metrics down to the business line and product level, and to be able to discuss this level of detail within Risk to ascertain the trading strategy behind such positioning
Risk Management of the Equities portfolio
Development of risk frameworks and analytics to ensure effective risk monitoring
Daily and ad-hoc risk reporting
Provide corporate risk management
Develop, assess and drive improvements in our business control environment and risk management programs
Develop a superior network of risk relationships with key groups across the broader organization such as ERM, ORM, Credit Risk Management, Internal Audit, Compliance, Legal
Risk Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk
List any licenses or certifications required by the position: CFA, FRM, CISSP, CQF, PRM, CISA, CISM, CIA, CA, CPA
Education for Risk
Typically a job would require a certain level of education.
Employers hiring for the 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, Economics, Engineering, Business, Mathematics, Management, Statistics, Computer Science, MBA, Accounting
Skills for Risk
Desired skills for risk include:
Excel
SQL
Regulations
Policies
PowerPoint
Processes
SAS
Procedures
Ability to leverage that information in creating customized customer solutions
Values and practices that align customer needs and satisfaction as primary considerations in all business decisions
Desired experience for risk includes:
Management (PMBOK or equivalent), Software Development Lifecycle (SDLC), and Technology Risk and Controlling Frameworks (COBIT or equivalent)
Significant Risk Management experience in a financial services institution
Continually reassess business needs
Supports key projects with subject matter expertise while facilitating communication across CMRM, MRMD and Risk Technology
Acts as a primary contact point for Front Office risk inquiries, facilitating CMRM support by interfacing functional areas as appropriate
Experience in Market Risk is preferred and candidates with interest rate products experience will be favourably positioned
Risk Examples
1
Risk Job Description
Job Description Example
Our company is growing rapidly and is hiring for a risk. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk
- Create and maintain Digital’s policies and standards
- Coordinate and work closely with Practice Area teams and external risk / security organizations to facilitate timely execution of all risk agendas and deliverables
- Supporting the work with our partners in Operations to implement a consistent process across to assess applications, identify & log known limitations, and feed these into the RCSA process, ISG Operations tools
- Complete single source trades and risk sensitivities, data integrity checks, data lineage between source, and risk outputs
- Implement a risk limits system with enhanced workflow
- Add ongoing improvements to pricing and analytics capabilities supporting our Value at Risk model (based on Historical Simulation)
- Enhance our stress scenario generation capability, stress explain reporting, alignment of VaR and Stress
- Implementation improvements in risk metric coverage
- Deploy a new strategic reporting tool, control framework around production of risk reports, and single source reporting data
- Engagement with Firm wide risk and control groups as appropriate to support Firm wide and T&D risk agenda
Qualifications for risk
- Strong technology experience with proven track record in implementing risk-related tools and applications
- Excellent command of VBA programming
- Degree in a quantitative discipline is preferred
- 5+ years of experience in a quantitative analysis or development role for a bank or finance company
- Bachelors Degree in Safety Engineering, Occupational Health and Safety, or related construction field or 8+ years direct job experience
- Ability to communicate effectively, both verbally and in writing skills
2
Risk Job Description
Job Description Example
Our company is hiring for a risk. 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
- Adhere to company policies & procedures
- Monitoring the appropriateness & completeness of key risk and control data within division eg
- Supporting large scale operational risk and controls governance programmes
- Lead ongoing self-assessment responsibilities and related risk activities for Enterprise Digital organization
- Manage Digital’s risk portfolio and collaborate with key subject matter experts and risk owners to keep risks relevant and meaningful
- Manage and partner with product development teams to mitigate risk portfolio for Enterprise Digital
- Partner with internal risk organizations to perform well-managed activities such as scenario analysis, line of defense inventory, and others
- Coordinate requests from audits and exams to deliver timely responses in partnership with business teams
- Monitor emerging technologies and associated risks
- Elaborate operative planning for MRO aircraft &A400M Retrofit Program including missing parts, resources and risk & opportunity
Qualifications for risk
- Experience facilitating safety/quality related training events
- Ability to prioritize projects and set goals
- In-depth knowledge and understanding of risk management practices and methodologies, including risk assessment, key risk indicator development, reporting and portfolio analysis
- Working with teams to determine and implement appropriate internal control framework including ensuring quarterly sign-off by process owners and provision of attestations to stakeholders as required
- Experience in financial domain, preferably Market and/or Credit Risk
- Experience on JAVA 5, 6 and/or above version with Multithreading
3
Risk Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of risk. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for risk
- Regularly monitor/audit Vendor Management related policy and procedures to include leadership of maintenance and updates as required
- Be part of operative meetings and MFT (Multifunctional Teams) in order to elaborate operative plans and risk identification
- Follow up aircraft progress versus plan activities
- Participate in meetings and workshops with other organizations
- Support to planning activities in other localizations (Iberia, plateau prototype and others)
- Synergies and Improvement Projects, with active participation into improvement project related to Visual Risk Management
- Identify controls that are currently in place, any control gaps, based on identified risks
- Receive calls from customers with delinquent accounts
- Provide a superior customer experience and build strong customer relationships
- Negotiate payment arrangements with debtors
Qualifications for risk
- The ideal candidate has at least 10 years of working experience in financial services sector with underwriting for local corporates
- Ensure significant reported trading market risks and results are appropriately measured and made transparent
- Coordination of Risk Control Self Assessments (RCSA's) within the business
- Promoting risk awareness and owenship within the first line of defence
- Assisting front line management and operations to embed internal controls within the day to day operations
- Liaising with various stakeholders throughout the business including Legal, Compliance and Audit
4
Risk Job Description
Job Description Example
Our company is growing rapidly and is hiring for a risk. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for risk
- Follow-up to confirm or rearrange payments
- Maintain proper documentation for each inbound/outbound call
- A professional demeanor and a customer focused approach
- Strong computer skills with an ability to multitask
- Good judgment, decision making skills and a sense of urgency
- Ability to negotiate payment, manage conflict and overcome customer objections
- Provide coordination and assistance to oversee claims management
- Provide coordination and technical support for OSHA training compliance and develop training material for the field, including documentation in LMS
- Supports the Vendor Oversight Program to effectively manage vendor risk in accordance with internal policy and regulatory requirements ensuring strong oversight of all vendor risks and provides visibility of existing and emerging risks
- Provides coaching and training to vendor relationship managers and supports continuous improvement efforts in the vendor oversight process
Qualifications for risk
- Supporting the implementation of internal business controls and implementing external regualtory changes (for example Solvency II)
- Working closely with the Business Continuity and Incident Support team
- Bachelors in a technical field, Engineering, Computer Science, Mathematics, Statistics
- Technology risk management and or operational risk management experience, within the financial services industry or related role
- The purpose of the submission is intended to support FINMA's initiative for assessing the comparability of Swiss banks' risk frameworks by facilitating the provision of a quantitative, forward-looking assessment of the capital adequacy of the banking system and individual institutions within it
- The role will cover a broad remit of both regulatory (RWA) and internal capital models (ERC and Scenarios) for Market Risk, Credit Risk, Operational Risk, Business Risk and other risks
5
Risk Job Description
Job Description Example
Our innovative and growing company is looking for a risk. 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
- Establishing and monitoring the risk program for all aspects of material risk related to how these functions develops, launches, sells and processes products and services
- Acts as a subject matter expert to assist the business in identifying and mitigating risks of their vendor relationships
- Reviews and analyzes documentation received from third party vendors to ensure regulatory compliance, including but not limited to the CFPB
- Ensures ongoing vendor evaluations are performed according to risk classification and defined schedule
- Requests, tracks, receives, and stores all required documents from existing vendors as required based the vendor risk rating
- Performs administration activities
- Prepares regular updates and reports on the effectiveness of the Vendor Oversight Program to be shared with leaders and/or the Corporate Risk and Compliance Committees, as needed
- Protection of employees, customers and corporate information is everyone's responsibility at HDFS
- Originations reporting
- Risk Appetite/Override reporting
Qualifications for risk
- Math background is a must advanced Excel
- Demonstrated knowledge of federal, state and local regulations applicable to operations
- Demonstrating ability to value-add in strategic decision-making processes and winning business confidence to be invited to do so
- Assisting with the development of policies and guidelines, the creation of assessment and monitoring tools, the implementation of a training program on-going project management tasks
- Perform/assist with growing the business
- Communications – proven ability to work effectively with all levels of colleagues