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Risk Manager

2 months ago

gurugram, India CA Monk Full time

JobSummary:

TheRisk Manager at Hotel Chain will be responsible for identifyingassessing and mitigating risks that could impact the organisationsability to achieve its business objectives. This role involvesdeveloping risk management strategies implementing risk mitigationplans and ensuring compliance with regulatory requirements. TheRisk Manager will work closely with various departments to promotea riskaware culture and enhance the overall resilience of theorganisation


KeyResponsibilities:

  • RiskIdentification andAssessment:

    • Conductrisk assessments to identify potential risks across variousoperations.

    • Analyseand evaluate risks in terms of impact andlikelihood.

    • Developand maintain a risk register to document identifiedrisks.

  • RiskMitigation:

    • Designand implement risk management strategies and actionplans.

    • Monitorthe effectiveness of risk mitigation measures and make necessaryadjustments.

    • Collaboratewith departmental heads to ensure risk mitigation plans areintegrated into businessoperations.

  • Complianceand RegulatoryAffairs:

    • Ensurecompliance with relevant laws regulations and industrystandards.

    • Keepabreast of regulatory changes and assess their impact on theorganisation.

    • Prepareand submit compliance reports to regulatory bodies asrequired.

  • RiskReporting:

    • Preparerisk reports for senior management and the board ofdirectors.

    • Communicaterisk management policies and strategies tostakeholders.

    • Provideregular updates on the status of risk managementinitiatives.

  • CrisisManagement:

    • Developand maintain crisis management and business continuityplans.

    • Leadthe response to crises and emergencies ensuring swift and effectiveaction.

    • Conductregular drills and simulations to test and improve crisismanagementplans.


  • TrainingandAwareness:

    • Conductrisk management training programs for employees at alllevels.

    • Promotea riskaware culture within theorganisation.

    • Provideguidance and support to departments on riskrelatedissues.

  • ContinuousImprovement:

    • Reviewand improve risk management policies and proceduresregularly.

    • Stayupdated on best practices in risk management and implement them asappropriate.

    • Usedata analytics and other tools to enhance risk managementprocesses.

Qualifications:

  • Bachelors degree in Risk Management Business Administration Finance or arelatedfield.

  • Professionalcertification such as Certified Risk Manager (CRM) Certified RiskManagement Professional (CRMP) or similar ispreferred.

  • Minimumof 4 years of experience in risk management preferably within thehospitality industry/Big4 and Big6 consultingfirms.

  • Strongknowledge of risk management principles methodologies andtools.

  • Excellentanalytical and problemsolvingskills.

  • Strongcommunication and interpersonalskills.

  • Abilityto work collaboratively with crossfunctionalteams.

  • Proficiencyin risk management software and Microsoft OfficeSuite.