Risk Mgr Job Description
Risk mgr
provides guidance to 1LOD on implementing and maintaining third party management processes, mitigating risks and implementing controls (in conjunction with business-aligned risk partners).
Risk Mgr Duties & Responsibilities
To write an effective risk mgr job description, begin by listing detailed duties, responsibilities and expectations. We have included risk mgr job description templates that you can modify and use.
Sample responsibilities for this position include:
Manage the development, implementation and validation of commercial credit risk models, ranging from individual credit risk measures (PD, LGD, EAD) to portfolio-level measures (rating migrations, future losses, economic capital)
Manage project timelines and resources
Develop and maintain status as a subject matter expert in the areas of derivative pricing, hedge program implementation, management, and performance analysis
Work to continually refine and improve existing hedging performance attribution process for domestic and international insurance blocks
Uses compiled/interpretative computer languages to incorporate numerical recipes and/or third party libraries to develop Optimization
Knowledge of macro and technical drivers of capital markets and market conventions
Uses stochastic differential equations to price hybrid/exotic derivatives for hedging using Monte-Carlo
Understands the drivers of asset and insurance liability changes and uses this knowledge to develop strategies that minimize the impact of market fluctuations on earnings
Experience with the methodologies and strategies used to implement volatility control funds
This position is a management level role and will require excellent communication between stakeholders with a wide range of technical skills
Risk Mgr Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk Mgr
List any licenses or certifications required by the position: CISSP, CISA, AML, ISO, CPA, III, SAS, BLS, JD, CFE
Education for Risk Mgr
Typically a job would require a certain level of education.
Employers hiring for the risk mgr 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, Economics, Statistics, Computer Science, Management, Accounting, Mathematics, Education, Engineering
Skills for Risk Mgr
Desired skills for risk mgr include:
Microsoft Office
Third party and information and technology risk and control capabilities
Business resiliency
Mortgage industry and financial service payment processes
Controls and risk exposure
Relevant industry standards
Applicable laws and regulations
Third party management lifecycle and its overall business processes
Business resiliency and its overall business processes
Data connections
Desired experience for risk mgr includes:
Ten or more years directly related Risk Management experience
Enter team specific context
Global Banking and Markets Operational Risk (OR) is a global team primarily existing to discharge effective oversight over all operational risks faced by the Global Banking and Markets business
The team operates out of six main sites with global management based in London
Ability to work with minimal supervision and to contribute to a larger team
Strong relationship management with a focus on financial and budget requirements
Risk Mgr Examples
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Risk Mgr Job Description
Job Description Example
Our company is growing rapidly and is hiring for a risk mgr. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk mgr
- Contributes to the review and in some cases sign-off of operational risk programs executed by the business including Risk and Control Assessment’s, scenario analysis and initiative assessments
- Work directly with the leadership team of the Platform to embed understanding of the risk profile and risk appetite into strategic decisioning
- Ownership of access control systems and maintenance program
- Support associates and leads in the execution of risk activities
- Initiate and build relationships with key personnel within the functional groups
- Build an organizational structure/resources team, lead Cyber Security Risk Assessment and Threat Intelligence teams to complete deliverables with quality, within specified timeframes/budget
- Develop, manage, and provide strategic guidance for Cyber Security Risk Assessment services for global medical device businesses and product development life cycle
- Establish/build resource skill sets required to perform manual analysis of medical devices including but not limited to reverse engineering, disassembling, decompiling, and black box testing
- Coordinate R&D capabilities for security vulnerability/penetration testing
- Guide/lead mitigation strategies for identified vulnerabilities across all product lines
Qualifications for risk mgr
- Experience working within a highly matrix organization
- Minimum of 5+ years Java
- Minimum of 5+ years Database experience
- SAS, Access, VBA
- Entrepreneurial, start-up, and business development skills an advantage
- Develop/provide direction for Cyber Security Threat Intelligence service for Medical Devices
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Risk Mgr Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of risk mgr. 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 mgr
- Pioneer/assure adoption of Secure Coding development / review process
- Advise/mentor the development of service leaders/staff members, provide guidance in self-learning activities
- Understand/ensure compliance with all current/applicable laws, regulations, and guidance’s from US and EU that affect Medical Device Cyber Security
- Assessments of risks and controls as it relates to People, Process, Technology and External Events including reporting in the Business Area Risk and Control report
- Issue severity assessment and remediation design for significant issues
- Significant change management activities not limited to high risk new business initiatives, process redesign and technology changes
- SOX related activities including Scoping, assertion coverage, design walkthroughs, changes to risks and controls, testing approach, issue severity assessment and aggregation analysis
- Compliance with Finance Control Standards and other corporate policies
- Integrity of data/documentation maintained by 1st line control teams within GRC application
- Develop and execute lending underwriting strategies of new products in the marketplace
Qualifications for risk mgr
- Lead/guide cross-functional teams across multiple locations
- Strong team building, talent management, oral and presentation skills
- Successfully creating programs/ services with the emphasis on delivering results
- Creating product development policies, procedures, and standards
- Influence business leadership/cross-functional teams
- Computer architecture, operating systems, embedded systems design, inter-/inner-process communications, networking protocols and related implementations
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Risk Mgr Job Description
Job Description Example
Our company is growing rapidly and is searching for experienced candidates for the position of risk mgr. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for risk mgr
- Utilize the IT Risk Model portion of the Service Maturity Model (SMM) framework to identify, assess and evaluate risk for all IT Services
- Provide an independent point of view on risk exposure and risk taking, including support, advice, counsel and challenge to business partners and senior business leaders, on overall risk management related to the achievement of the IIES mission, goals and strategy
- Leverage ERM standards, processes, tools and approaches to guide the business in the identification, measurement, monitoring and management of risk, including emerging risks
- Help establish Risk Appetite and provide guidance on risk treatment and oversight of mitigation
- Conduct detailed risk analysis on proposed and existing Institutional investment and income products and services being offered by IFS, as required
- Review overall asset allocation policy and approaches, as appropriate
- Help oversee, from the IFS perspective, the risks and investment approaches related to the General Account – both assets and liabilities – which is a key component of many of the insurance products provided by IFS
- Assume a leading role on specified risk and business committees, including representing risk on all IFS Product and Service governance processes related to IIES products and services
- Provide guidance and assistance to ensure that local IIES policies and procedures are in line with corporate guidelines
- Ensure that IIES is compliant with key Enterprise Control programs including Model Risk Management, Supplier Risk Management, and Business Continuity and provide effective challenge to the work done to be compliant with them
Qualifications for risk mgr
- Compiled/interpreted programs and the types of security issues possible in each
- Debuggers and disassemblers
- Source code reviews (at least c/c++ and java) for security vulnerabilities
- Reverse engineering binaries (at least x86) for security vulnerabilities
- Bachelor Degree minimum, with 7 years of Cyber Security Risk Analysis experience
- Experience with programming languages, such as VBA and/or SAS
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Risk Mgr Job Description
Job Description Example
Our company is growing rapidly and is looking for a risk mgr. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for risk mgr
- Work closely with business partners in risk and credit approval to ensure a sound credit management process
- Review and consult on a range of legal documents pertaining to credit
- Along with other senior leaders within the division, set and/or influence direction of correspondent operations, credit and sales secondary marketing, IT, treasury and loan servicing
- Monitor exposure against established credit limit and provide risk mitigating recommendations for counterparties that exceed assigned credit limit
- Assess credit worthiness of existing and new non-bank Seller/Servicers through the credit review process by assigning risk rating and providing potential risk mitigating actions
- Manage daily operations of the team and negotiate programs a counterparty may participate in
- Prepare periodic management reports used by credit committees and submitted to FHFA
- Operationalize and manage key processes and initiatives at Clinical Documentation and Quality Improvement (CDQI)
- Ability to work independently and with other with manager(s) assigned to different projects under the program umbrella
- Support maintenance of resiliency/disaster recovery plan for end-to-end payments processes
Qualifications for risk mgr
- Basic knowledge of business areas processes and/or products and operations
- Familiarity with quantitative credit models, , Moody’s RiskCalc, CreditEdge, , and knowledge of how to interpret the outputs, and when deviation from the model has appropriate defense
- Bachelor’s degree from a top tier university with high GPA and a degree or substantial coursework, in finance, accounting, economics, or statistics strongly preferred
- 3+ years risk management experience with strong analytical and quantitative skills preferred (Advanced degree in an analytical field preferred)
- Credit Risk Management experience with an in-depth understanding of the end-to-end credit lifecycle, in-depth understanding of credit metrics and processes, and P&L drivers of small businesses is strongly preferred
- Team player with a positive "will to win" attitude, result driven and has the ability to work in a dynamic high pressure environment
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Risk Mgr Job Description
Job Description Example
Our company is searching for experienced candidates for the position of risk mgr. 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 mgr
- Manage and oversee design and operation effectiveness testing of controls over significant accounts, disclosures and processes, as part of the company’s SOX compliance Operational Risk Management Framework
- Monitor risk performance of specific clients and complete required analysis
- Develop Credit Risk Analysts by setting up processes for training, reviewing work, and providing feedback to enhance their analytical skills
- Maximize production efficiencies through the effective use of systems and methods, enhancing processes and controls
- Participate in new business development process
- Evaluates risk management functions and processes through data analysis and presents findings to appropriate committees
- Coaches and advises all levels of staff in sensitive situations involving actual or potential claims, including disclosure according to the CORE™ (Communicate Openly
- Manage CAR Big Data Projects – Manages the implementation of new data consumption capabilities to meet CAR business needs in conjunction with Business Owner, Governance, Operations, and IT teams
- Manage data mart/data warehouse business projects and Big Data Projects
- Develop project plans, resource allocations, Issues/Risk logs, Status Dashboards
Qualifications for risk mgr
- Good knowledge of retail, private and commercial banking businesses and processes, and related federal and laws, regulations and guidance
- A Bachelors Degree in a quantitative or science related field plus relevant experience is required
- A Masters Degree/MBA is a plus
- Degree in quantitative field or MBA with analytic experience
- Strong interpersonal skills/ability to develop relationships with peers in business unit and central operational risk management group
- Proven track record of implementing scalable solutions (systems, procedures, processes)