Strategic Risk Mitigation Specialist
6 days ago
Risk Management Role Overview
Search Syerngy is seeking a skilled Risk Management Specialist to join our team. As a Risk Management Specialist, you will play a vital role in identifying and assessing risks, implementing effective controls, and managing mitigation strategies across the organization.
Main Responsibilities
- Collaborate with process owners to identify risks and assess the effectiveness of existing controls.
- Conduct thorough risk assessments and recommend mitigation strategies to address potential threats or issues impacting the organization.
- Develop and implement risk management policies and protocols to ensure compliance with regulatory requirements.
- Assist in documenting Standard Operating Procedures (SOPs) to ensure consistency and efficiency across the organization.
- Utilize data analysis and interpretation tools like MS Excel to drive informed decision-making.
- Support project management and risk-related activities using MS Project to ensure seamless execution.
- Coordinate risk management activities across functions, working closely with Risk SPOCs for each department to ensure alignment and collaboration.
- Facilitate and guide Risk and Control Self-Assessments (RCSA) to identify areas for improvement.
- Automate risk measurement and reporting metrics to provide real-time insights into organizational risk posture.
- Manage risk management projects assigned by senior leadership to ensure timely completion and successful outcomes.
- Maintain and update risk-related databases and tools to ensure accuracy and relevance.
Requirements and Qualifications
- 2-3 years of experience in Risk Management or Audit for Manager role.
- 5-6 years of experience in Risk Management or Audit for Senior Manager role.
- Professional qualifications such as CA or MBA are preferred, with risk management certifications considered an asset.
- Strong interpersonal and relationship management skills to build effective relationships with stakeholders.
- Excellent communication and presentation skills to articulate complex risk concepts to both technical and non-technical audiences.
- Project management capabilities, preferably with MS Project, to drive projects forward and ensure successful outcomes.
- Knowledge of insurance principles and regulations to ensure compliance and best practices.
- Ability to work cross-functionally and manage multiple stakeholders effectively to drive organizational risk mitigation.
- Strong analytical and planning abilities to identify and address risk areas proactively.
Performance Metrics
- Improvement in risk ratings for identified risks to demonstrate the effectiveness of risk mitigation strategies.
- Positive feedback from Risk SPOCs and internal stakeholders to indicate successful collaboration and communication.
- Successful automation and implementation of risk management processes to drive efficiency and effectiveness.
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