Senior Risk Manager Job Description
Senior Risk Manager Duties & Responsibilities
To write an effective senior risk manager job description, begin by listing detailed duties, responsibilities and expectations. We have included senior risk manager job description templates that you can modify and use.
Sample responsibilities for this position include:
Senior Risk Manager Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Senior Risk Manager
List any licenses or certifications required by the position: CISA, CISSP, CISM, PMP, CRISC, CPA, AWS, FPX, DMZ, DNS
Education for Senior Risk Manager
Typically a job would require a certain level of education.
Employers hiring for the senior risk manager job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Business, Finance, Management, Engineering, Accounting, Economics, MBA, Statistics, Education, Mathematics
Skills for Senior Risk Manager
Desired skills for senior risk manager include:
Desired experience for senior risk manager includes:
Senior Risk Manager Examples
Senior Risk Manager Job Description
- Advises on new products, initiatives and strategies from a risk and control perspective
- Lead, manage and facilitate the ERM and ORM agenda for the UK Business and Risk Governance meetings across all UK departments
- Lead, manage and facilitate the first line Conduct Risk and reporting programme across the UK business
- Lead, manage and facilitate the UK New Product, Marketing and Initiative Governance process
- Oversee UK utilisation of the enterprise risk system and adherence to enterprise risk policies and standards
- A passion to develop risk management and best practices
- Experience in enterprise and operational risk management gained in a financial services or banking environment
- Well developed leadership and people management skills
- Familiarity with various risk management reporting systems
- Experience of presenting at RIsk Committee level with strong influencing and partnering skills
- Security +, CISA or CISSP certification acquired
- Experience in managing a multi-site team
- Ability to lead teams and programs, across multiple organizations
- Technical knowledge across many domains would be an asset
- Minimum of 8 to 15 years of exemplary experience in commercial loan analysis preferred
- Excellent understanding Trade Products and solutions, including import and export financing, Documentary Credits, Collections, Guarantees, Receivables Finance, Commodity and Structured Finance, Supply Chain Solutions
Senior Risk Manager Job Description
- Exploring the applicability of machine learning techniques or other modeling tools at AXP
- Documenting detailed model / algorithm validation report and preparing for the regulatory and internal audit reviews
- Tracking the validation findings and reviewing the resolution of these findings
- Communicating the validation results to partners, senior leadership, and various model committees
- Conducting research to enhance model validation process and techniques
- Advise on new products, initiatives and strategies from a risk and control perspective
- Oversee risk management output from external investment managers
- Establish & maintain carrier relationships
- Oversee EMEA Insurance program administration & planning
- Work with senior internal and external stakeholders
- A solid understanding of econometric concepts and approaches such as OLS estimator and finite-sample properties, asymptotic theory, logistic regression, autoregressive processes, and survival analysis
- 2+ years of experience in mathematical and statistical modeling
- SAS programming and Excel required
- Excellent reasoning ability to identify and evaluate key issues in complex modeling contexts and genuine interest in modeling excellence
- Ability to write professional technical reports and presentations with commitment to quality and accuracy
- Sound knowledge of retail credit business a plus
Senior Risk Manager Job Description
- Cultivate relationships and channels of communication across the businesses and functions to maintain visibility and accessibility to activities and issues affecting the modeling community
- Build, drive and maintain a comprehensive assessment of model risk – including processes, models, assumptions, calculations and other activities – with updates at least annually
- Work with Risk and business partners to analyze model risk exposures and propose recommendations on controls and prioritization
- Oversight of the collection, tracking and reporting of governance and model risk issues through remediation
- Responsible for tracking progress, timelines and delivery/ expectations for model risk projects and goals
- Reviews and investigates clinical patient care occurrences and determine risk potential
- Assists in identifying areas for improvement and remediation and recommends solutions to business
- Interacts with peers, direct management, and key stakeholders within Risk department
- Provides input to the business on low/moderate impact risk issues
- Develop and enhance policies and procedures such as procurement, petty cash, advance payment and reimbursement
- Five + years in a management role
- Lodging/hospitality experience strongly preferred
- Advanced knowledge of the claims management process
- Able to work in a matrix organization and make things happen without having to own all the resources
- Able to manage change – supports and manages change within the organization, taking steps to remove barriers or to accelerate its pace
- Steps forward to address difficult issues
Senior Risk Manager Job Description
- Facilitate escalations including instances of non-compliance or high risk concerns to appropriate stakeholders and ensure the completion of remediation activities with business management
- Lead in the development of third-party risk monitoring plans and protocols to sustain transparency into all third-party residual risks from the point of initial contracting with a supplier to the point of supplier termination
- Manage issue escalation processes to ensure appropriate stakeholders and executives across the enterprise are involved based on defined risk thresholds
- Perform initial review of risk metrics aggregated by the TPRM Specialists and address inquiries regarding reporting / dashboards
- Perform sample QC and QA on TPRM activities completed throughout the lifecycle
- Oversight of third party data integrity and inventory management within the GRC Technology
- Ensures that contingency & exit strategies and plans are in place in the event a relationship needs to be terminated
- Can work effectively both as a team member, independently and in a cross functional international business
- Able to establish and build effective working relationships with internal stakeholders
- Analyze and respond to project risk, issues and opportunities in order to maximize the results of positive events, and minimize the consequences of adverse events
- Be responsible for data mining, analytics, research and capabilities development supporting regulated data
- Be execution-focused
- 3+ years of credit, operational risk, risk management and/or information management experience required
- BA, BS or graduate degree required within a quantitative field is preferred
- Provide oversight and challenge of business input into central processes including the Material Risk assessment, ORSA and control environment
- University degree in commerce, finance, business, economics, or an accounting related discipline
Senior Risk Manager Job Description
- Analyze currency exposure forecasts, evaluate and present alternative hedging strategies / collaborate with the Financial Markets group to strategize on optimal hedging approaches
- Execute FX spot, forward and options transactions
- Lead in Treasury integration of new acquisitions / carve-out of divestitures, conduct Treasury due diligence of potential targets
- Analyze liquidity / financing requirements of the Business Units and provide internal financing, if possible, or organize external financing when necessary
- Provide market information and corresponding advice, indicative calculation rates for bids based on corporate guidelines
- Monitor liquidity targets and risk limits for partner banks in the region
- Ensure compliance with internal controls, policies and processes
- Manage requests for exemptions from treasury guidelines
- Managing and driving strategic projects to ensure that there is the appropriate review, challenge and delivery of the outcomes, the assessment, escalation and oversight of the significant risks being introduced by projects
- Managing and maintaining a divisional Business Continuity Management (BCM) strategy to ensure the Wealth Business Units can provide critical services to key customers in the event of a major business disruption and that a co coordinated and efficient divisional approach is adopted
- Legal degree or experience in the Legal profession
- Masters degree in Statistics, Mathematics, Operational Research, Engineering or related fields required
- Hands-on model building or validation experience
- Strong analytical and project management skills for driving validation initiatives
- Experience in applying advanced statistical and/or quantitative techniques to solve business problems is preferred
- Good verbal and written communication skills, interpersonal skills, and ability to work effectively in a team environment