Senior Manager Risk Management Job Description
Senior Manager Risk Management Duties & Responsibilities
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Senior Manager Risk Management Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Manager Risk Management
List any licenses or certifications required by the position: CISA, CISSP, CRISC, PMP, CIA, CPA, CISM, APC, RICS, CMA
Education for Senior Manager Risk Management
Typically a job would require a certain level of education.
Employers hiring for the senior manager 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 Finance, Business, Economics, Engineering, MBA, Management, Statistics, Computer Science, Accounting, Mathematics
Skills for Senior Manager Risk Management
Desired skills for senior manager risk management include:
Desired experience for senior manager risk management includes:
Senior Manager Risk Management Examples
Senior Manager Risk Management Job Description
- Conduct Local Model Risk Management activities for Corporate Treasury and other BI&GF units
- Continue to develop the Technology Risk and Control Frameworks
- Ensure there is a robust and flexible process for internal status reporting, external status reporting & regulatory reporting against the qualification requirements established in two jurisdictions US and Canada
- Manage stakeholder and executive relationships as they pertain to group deliverables
- Maintain high visibility into enterprise technology risk initiatives as appropriate
- Have gained strong experience in an investment banking, legal or regulatory environment, with experience in financial services compliance and conflicts management
- Strong understanding of investment banking businesses and products
- Posses a working knowledge of United Kingdom capital markets and financial services laws, regulatory environment and products, and preferably some experience of European, Middle East or African requirements
- You will vet, validate and/or replicate, as necessary, various models (pricing, risk, ) used for CCAR for main businesses/products used by the bank
- You will act as a trusted advisor and effective challenger to model developers and users on all matters pertaining to CCAR modeling requirements
- The Senior Manager Counterparty Risk will also assist the Director WRM with other projects and programs involving multiple departments
- WRM Dashboard
- Broad and deep knowledge and experience of banking and capital markets is required
- Significant experience building business intelligence solutions
- Must be able to function effectively with a minimum of supervision and because of the high number of quick turnaround requests, requires initiative in having decisions rendered on applications, while not necessarily following set procedures
- Credit requirements span the full spectrum of products (loans, trade facilities, derivatives) and issues (sovereign, regulatory and political risks)
Senior Manager Risk Management Job Description
- Gather risk and control data and reporting
- Design and implement internal risk and control governance processes
- Build successful relationships with line of business risk teams to understand impact of technology risk on critical business processes
- Understand, document and analyze current state capabilities regarding risk methods
- Provide logical and timely decisions and/or recommendations with respect to Term and Trade transactions through competent and through analysis of financial and non-financial data
- Enhance/develop management reports in order to quantify and monitor Credit Risk exposure relating to overall portfolio risk
- Continuously maintain updated customer Risk Ratings by use of Credit Risk Management’s approved risk assessment criteria (RAC) for all Term and Trade transactions
- Compile, analyze and report monthly data for the corporate accounts receivable bad debt reserves
- Issue consolidated reserve analysis to Corporate Treasury
- Review and make available to senior management monthly reports specific to risk-policy compliance, transaction workflow and staff/department efficiency
- Strong academic and publication background
- Bachelor degree in Business, Finance or other quantitative discipline
- 8 years of insurance industry/risk management experience in a complex operating environment
- Degree in Actuarial Science, Risk Management, Statistics or related discipline
- Relevant professional qualifications such as ASA, FAS, FRM, etc is an added advantage
- 5+ years of hands-on experience in quantitative/statistical analysis and data mining
Senior Manager Risk Management Job Description
- Strategic planning and guidance for risk mitigation programs across multiple businesses
- Operational management of teams doing time sensitive analysis in diverse global locations
- Ownership of the behind-the-scenes systems including business planning and analysis and quality auditing
- Leverage experience with financial institutions or regulatory agencies to assist federal agencies in establishing and/or expanding their ERM office
- Share industry best practices, advising and collaborating with the client
- Direct and facilitate process teams, working with different groups within the agency
- Define, develop, and manage process improvement implementations to support the objectives of the agency
- Manage projects to achieve performance objectives on time, on budget and surpass client expectations
- Mentor and develop team members within the Public Sector practice
- Ensuring that communications tell an articulate, consistent story about business priorities with a strong voice and in the right channels
- Solid knowledge of risk and experience (5 plus years) in banking risk management
- Degree in Statistics, Econometrics, Applied Math, Finance or related disciplines
- Highly analytical and effective in a quantitative environment
- Experience in any of Retail/Business/Wholesale Banking Credit and Credit Risk Management
- Proven leadership and relationship management skills with a superior ability to make things happen through the use of positive influence
- A proven history of making an impact, influencing, developing and executing on strategies and delivering superior results in a high volume, fast-paced environment
Senior Manager Risk Management Job Description
- Consulting with operating company management teams over the placement of workers compensation/employers liability, general liability, auto liability, and umbrella/excess liability insurance policies
- Partner closely with cross-functional teams
- Track and drive measurement metrics (KPIs, KRIs and KCIs)
- Identify opportunities to build predictive/machine learning models and lead development of forward-looking metrics
- Effectively partner with assigned R&D area to ensure the consistent execution of Performance, Process and Risk Management in that area
- Ensure the appropriate escalation of Risks to the appropriate level
- Work in conjunction with Management team and Insurance Advisors to develop and execute global risk financing strategies, including but not limited to Property & Casualty, D&O, Aviation, Product Liability, Auto and other key programs consistent with Goodyear’s corporate goals and objectives
- Participate in Business Continuity Tactical and Strategic meetings and provide guidance in terms of the Company’s coverage and or potential exposures relating to BI gaps
- Lead the effort to identify and analyze risks recommend and negotiate appropriate risk financing strategies
- Work directly with senior legal team, external insurance partners and other internal and external constituencies, as appropriate, to address claims
- Advanced SAS proficiency is required
- Ability to prioritize and lead multiple initiatives in order to meet deadlines while ensuring high quality of work
- FRM, PRMIA and/or other Industry Risk Professional Certification
- At least 5 years of experience in Private Bank Credit risk
- Well equipped with operational and risk management process/system for PB environment
- Bachelor’s Degree in Finance, Business, Economics or related field/equivalent knowledge is required
Senior Manager Risk Management Job Description
- Maintains all related corporate security policies and advises and supports awareness campaign
- Responsible for communicating claims to lead insurance partners and working with legal to help reduce loss exposure and maximize loss recovery
- Lead team to develop and implement premium allocation methodologies consistent with world class principles
- Key liaison and front line communicator with all business stakeholders and external partners
- Prioritize, allocate and communicate risk management initiatives accordingly
- Responsible for supervising/managing Goodyear’s Captive insurance company, Wingfoot
- Ensure all accounting is adequately and accurately maintained and reported
- Hold annual BOD meetings with Captive’s officers and ensure resolutions are properly executed
- Analyzing data on loss history and exposures to advise operating companies on the benefits and drawbacks of loss sensitive programs for workers compensation/employers liability, general liability, and auto liability coverages
- Managing collateral held by insurance companies for operating company loss sensitive insurance and surety bond programs
- Minimum of 6 years of progressive Credit/Financial Risk Management experience is required
- Minimum of 5 years of Supervisory/Management experience specific to Credit Risk analysis and underwriting for both term and trade transactions is required
- Knowledge of Credit Risk Management tools, methods and practices is necessary
- Ability to accurately and confidently communicate and present to a variety of business groups and Senior/Executive Management is essential
- Financial statement and cash flow analysis experience is preferred
- Risk assessment capabilities are desired