Risk Management Specialist Job Description
Risk management specialist
provides day-to-day support to the Commerical & Business Banking Groups providing knowledge and expertise on the appropriate implementation of regulations, rules and industry standards through procedures, other guidelines, and industry best practices.
Risk Management Specialist Duties & Responsibilities
To write an effective risk management specialist job description, begin by listing detailed duties, responsibilities and expectations. We have included risk management specialist job description templates that you can modify and use.
Sample responsibilities for this position include:
Develop and maintain effective working relationship with key business partners within their assigned area, functioning as a Subject Matter Expert relative to their assigned area on behalf of the broader audit team
Effectively manage and develop audit team members through continuous feedback, coaching, and annual performance review process
Delivers appropriate, succinct and organized information, tailoring communication style to audience
Leverages specialized knowledge and skills, providing management with insight into their area of subject-matter focus
Ensuring contributors are maintaining compliance with project schedules
Scheduling additional meetings as needed to resolve issues
Collaborating on the drafting of key SOPs & WPs related to ASR processes
Quick analysis after identifying troubled customer
Meet customer
Review contracts and collateral in place
Risk Management Specialist Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk Management Specialist
List any licenses or certifications required by the position: CISA, CRISC, CISSP, CISM, CIPP, ARM, GCIA, GCED, ISSEP, CAMS
Education for Risk Management Specialist
Typically a job would require a certain level of education.
Employers hiring for the risk management specialist job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Collage Degree in Management, Education, Business/Administration, Economics, Business, Finance, Mathematics, Law, Agriculture, Graduate Education
Skills for Risk Management Specialist
Desired skills for risk management specialist include:
Publishing industry
Excel
Statistics
Regulations
Accounting
Bank operations
Banking rules and regulations
Federal and Illinois law related to health care
Outlook
Insurance agency/broker relations
Desired experience for risk management specialist includes:
Recent and relevant experience related to "Strong" risk management practices, regulatory "Heightened Expectations" and audit risk management assessment requirements, either in an Audit, Risk Management, or consultative capacity within a large financial services organization
Recent and relevant experience related to Basel II implementation, parrallel run, and/or transitional run either in an Audit, Risk Management, or consultative capacity within a large financial services organization
Experience auditing large complex projects
Candidate should have experience with operational risk
Experience in Risk Management and/or writing Europe Risk
Expected to organise own workload within the parameters and timescales set by management
Risk Management Specialist Examples
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Risk Management Specialist Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of risk management specialist. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk management specialist
- Review and align classification of the customer and rating of the customer
- Review reserving adequacy
- Identify customers for late collection
- Identify customers for potential return to the ‘Good’ bank
- Regular reporting on progress on cases to CRO
- Regular participation on Problem Loan Committee
- Advise 1st LoD to develop and execute a risk-based mitigation strategy for their own processes for all of their outsourced processes to achieve continuous improvement by proactively adapting to the changing risk environment, business requirements & technical changes
- Minimum of 2 to 4 years experience in financial institution preferred
- Operational planning, risk management skills and experience are of paramount importance
- Degree Qualification essential
Qualifications for risk management specialist
- Experience and understanding of derivatives is essential
- As the candidate will be dealing with senior members of the frim on a regular basis, he or she will need to have a professional manner with good interpersonal and communication skills
- Partner with cross functional teams of operational analysts, analytical and product development resources to identify and promote new solutions and products that will improve the overall effectiveness of merchant risk monitoring and risk programs
- Formulate, construct, conduct and analyze controlled experiments and derive valid conclusions from various test and learn pilots pertaining to seller risk that can be applied and scaled to risk operations
- Work with operational analysts to build stories on emerging loss trends and opportunities for solution prototype development
- Perform in-depth data analysis on risk profiles of existing merchant accounts and prior credit losses to identify new actionable trends
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Risk Management Specialist Job Description
Job Description Example
Our company is looking to fill the role of risk management specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for risk management specialist
- Subject matter expertise in corporate security
- Personnel / team management / leadership skills
- An appropriate corporate image representing SRM and CSBC
- Proven track record in operating a measurements-based culture leading to continuous improvement
- An excellent communicator - written and presentation skills
- A strong project manager with organizational skills and have the ability to reprioritise as the situation demands
- Collaborative and team-orientated
- Results-based work ethic
- Able to prioritise and manage tasks autonomously
- Resourceful with an innovative, open-minded approach to problem solving
Qualifications for risk management specialist
- Periodic analysis of new credit losses and present lessons and loss MOs with actionable insights
- Create and manage dashboards which enable portfolio management to monitor credit risk and emerging risk threats
- Manage periodic updates of various dashboards performance and initiatives
- Prepare and present the new trends and opportunities to senior leadership and extended teams
- Verifiable work experience in area
- Able to work discretely with sensitive data
3
Risk Management Specialist Job Description
Job Description Example
Our company is looking to fill the role of risk management specialist. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk management specialist
- Candidates must be willing to view and evaluate content that may be considered religiously sensitive, politically extreme or otherwise offensive
- Ensure Group I&T Risk Management sponsored initiatives across EMEA LATAM countries
- Identify, sponsor, and communicate best practices for information risk based matters
- Work with applicable stakeholders to complete global IRM projects
- Establish and manage reporting to encourage transparency into information risk activities, projects, and initiatives
- Support bi-directional communication channels to ensure strong oversight of regional and entities information risk programs is established aligned with Group governance
- Analyze internal/external trends and research and apply as inputs to assist in directing the enterprise’s strategy for managing information risk
- Assists in the coordination of all on-site survey activities (Department of Public Health, Department of Mental Health, ) from arrival to exit inclusive of successful completion of any action plan associated with the survey process to ensure ongoing accreditation
- Supports management of a risk identification process for the organization's operations, departments, and services
- Supports investigation of all serious events
Qualifications for risk management specialist
- 5+ years – Experience managing service providers/supplier relationships
- At least 5 years of combined experience in corporate insurance, commercial insurance risk management, commercial insurance brokerage, OR commercial insurance underwriting
- Bachelor’s Degree in Risk Management or Bachelor’s Degree in Finance
- 7+ years of combined experience in corporate insurance risk management, commercial insurance brokerage, OR commercial insurance underwriting
- Certified Insurance Counselor (CIC), OR Certified Risk Manager (CRM) OR Associate in Risk Management (ARM) OR Chartered Property Casualty Underwriter (CPCU)
- 3+ years of experience with Financial Risk Insurance programs
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Risk Management Specialist Job Description
Job Description Example
Our innovative and growing company is looking to fill the role of risk management specialist. 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 management specialist
- Supports activities of the patient safety triage team/grievance committee(s) and serves on other patient care and safety related committees as member, or ex officio, as needed to communicate findings, recommendations, actions, and results
- Fosters and maintains collaborative relationships with external agencies
- Reviews documented patient, family, and visitor concerns, complaints and grievances provided by the Patient Advocate
- Attends and supports departmental/hospital meetings where measurement and evaluation functions are performed as agreed upon by the Director of Quality and Safety
- Attends Quality and Patient Safety Committee meetings collaborative group meetings when performance improvement is indicated
- Assists departments with integration of quality and risk activities
- Reviews departmental quality and safety indicators for compliance, appropriateness and rationale
- Understands and implements programs related to patient safety indicators located from local and national regulating bodies
- Acts as liaison to statewide and national collaboratives for quality and safety
- Conducts FMEA analysis when high volume, high risk opportunities as discovered through incident report analysis
Qualifications for risk management specialist
- Team player, but able to function independently with minimum supervision
- Improvement oriented change agent
- Ability to meet competing deadlines and maintain focus and patience
- Bachelor degree, with 3-4 years working experiences, preferred major in legal, international trade, finance
- Experience in direct communication with executive leadership (Business and IT)
- Work is conducted in a team environment with various internal deadlines throughout the day
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Risk Management Specialist Job Description
Job Description Example
Our company is looking to fill the role of risk management specialist. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for risk management specialist
- Performs all other job related duties as assigned by Quality and Safety Director
- Facilitate or assist with risk assessment facilitation
- Represent quality risk management on cross functional teams
- Manage inventory of risk assessments
- Assist with integration of quality risk management process into site operations
- Monitor mitigation activities
- Create training material on risk tools to educate users on applicability and use of tools
- Train risk leads on quality risk management principles and tools used for risk assessing
- Assist with development and maintenance of metrics or key performance indicators for determination of system effectiveness
- Assist with development and refinement of the Quality Risk Management program
Qualifications for risk management specialist
- Ensures compliance with organizational wide risk management program regarding statutory mandates, regulatory requirements and accreditation standards of professional organizations, , JCAHO, OSHA
- Qualified candidates should have a bachelor or above degree in Logistics Management, Supply Chain Management, International Trade or equivalent
- At least 5 years of proven international professional work experience in organizational planning and strategy, and risk management
- Proven experience in Enterprise Risk Management development and implementation and organizational change management, particularly business process review, in a non-profitable international organization is preferred
- Proven ability to develop and conduct ERM training and awareness with a diverse audience
- Proven experience in the development and design of a Management Information System that is designed to support the identification, assessment, evaluation and reporting of risks