Job Summary:
The Risk Management Specialist will identify, assess, and make recommendations that will manage and mitigate the organizations operational risks.
Supervisory Responsibilities:
Duties/Responsibilities:
- Reviews financial data and other information related to business operations.
- Gathers and compiles data related to risk from internal and external resources.
- Identifies potential risks by analyzing data, observing processes, and talking to staff.
- Drafts and delivers reports and presentations outlining findings, identifying and explaining potential risks, and recommending solutions.
- Selects or develops and implements appropriate risk assessment models or methodologies.
- Develops and implements contingency plans to manage business interruptions, volatile market events, and other emergencies.
- Ensures and/or facilitates adequate communication concerning key risks.
- Drafts and/or evaluates risk disclosures and similar documentation.
- Maintains knowledge of existing and developing laws and regulations related to the organizations industry; assesses and explains how new requirements may affect the organization in terms of risk exposure.
- Performs other duties as assigned.
Required Skills/Abilities:
- Excellent verbal and written communication skills.
- Excellent organizational skills and attention to detail.
- Strong analytical and problem-solving skills.
- Proficient with Microsoft Office Suite or related software.
Education and Experience:
- Bachelors degree in Risk Management, Finance, Business Administration, or industry-related area required.
- At least two years of related experience required.