Risk Management Professional

1 week ago


Mumbai, Maharashtra, India Coface Full time
Key Responsibilities:

As a Risk Management Manager at Coface, you will be responsible for identifying, assessing, and mitigating risks to ensure the company's stability and profitability. This includes emerging risks, monitoring the implementation of mitigation strategies, and fostering a culture of risk awareness.

Risk Management:
Contribute to drafting risk management policies and other mitigation techniques as needed. Carry out second-level controls on policies, procedures, systems, and processes. Perform incident and loss reporting and risk mapping to assess local entities' risk profiles. Follow up on the implementation of action plans and recommendations within the established timeframe.

Risk Reporting:
Maintain an active reporting line on risk updates to the Regional Head of Risk Management. Report to local management, related committees, and governance bodies as necessary. Escalate to management on breaches and significant weaknesses in a timely manner.

Risk Culture, Governance, Advice, and Liaison:
Develop and lead/participate in a network of risk correspondents to gather risk information and enable sharing best practices on actions carried out, deployment timetables, and return on experience. Act as an internal subject matter expert and develop the capability to provide management and departments with assistance on related risk management issues as required. Maintain fluid collaboration with other corporate insight functions to mutualize critical information on emerging risks, potential accumulations, interactions, and implement consistent and effective approaches to risk governance and control based activities. Foster a culture of risk awareness and assist in risk training and workshops for the Business.

Crisis Management:
Contribute to defining, implementing, and communicating disaster recovery and business continuity planning. Ensure contingency plans are in place and reviewed regularly.

Project Management:
Lead/participate in a project team related to risk management and/or control-based activities as required.

Regulatory Governance:
Ensure compliance with the Group Risk Rules and Charter as well as risk regulations laid down by external bodies. Skills:

Industrial:
Credit insurance, Knowledge of Coface's products, services

Functional:
Knowledge of Enterprise Risk Management principles, Control risk management information systems, Knowledge of Risk Control Self-Assessment (RCSA), Knowledge of statistical tools, data modelling, mathematical, financial technical analysis, Knowledge of insurance regulations (or equivalent), Knowledge and understanding of internal control framework and three lines of defense model, Knowledge of business processes walkthroughs; risks and key controls identification, Specific regulations/standards: Knowledge of ISO 27000 is a plus

Technical:
Intermediate competency level in MS Office applications: Word, Excel, PowerPoint, Hands-on experience in various applications including GRC tools

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