Director Risk Job Description
Director risk
provides the EMEAC leadership team and other stakeholders with market analysis, competitive landscape reports and other supports to decision-making.
Director Risk Duties & Responsibilities
To write an effective director risk job description, begin by listing detailed duties, responsibilities and expectations. We have included director risk job description templates that you can modify and use.
Sample responsibilities for this position include:
Provide direction on the continued development and maintenance of the Control Framework within the Enterprise Compliance management system including policies, standards, risks, issues, controls, and procedures
Update ratings criteria papers as appropriate
Managing and analyzing risk manager data
Enhancing quality of care and minimizing loss to protect the assets of the facility
Maintain action item and incident logs
Provide support for liaison and Risk Leader meetings external risk communications
Coordinate model validation across multiple business units including broker-dealer, investment banking, retail banking, private equity, Facilitate validation activities as needed
Assess options and possibilities to leverage different resourcing strategies to maximize the budget utilization skills utilization across the team
It is critical to proactive risk management and explain PnL/Risk variance and take necessary for any incorrect and missing items perform strong sense of control and risk management
Understand complex distributed/client server platforms, GRC and related applications
Director Risk Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Director Risk
List any licenses or certifications required by the position: GIAC, ENCE, CFCE, IR, CREST, CISSP, CISM, CRISC, CISA, ICAO
Education for Director Risk
Typically a job would require a certain level of education.
Employers hiring for the director risk job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Finance, Business, Management, Accounting, Economics, Engineering, Education, Mathematics, Statistics, MBA
Skills for Director Risk
Desired skills for director risk include:
Excel
CPT/HCPCS/ICD9/ICD10
Data analysis tools and techniques and decision-making abilities
PowerPoint
COBIT
Procedures
Competitive landscape
Market environment
Payments industry and the major trends affecting the major stakeholders
Practices
Desired experience for director risk includes:
Experience with Operational Risk Management and related concepts, IT security, model risk, vendor management, internal and external fraud
Master's degree, CFA and/or FRM preferred
Minimum 5 years of broad knowledge of the operational risks inherent in financial services company
Minimum 3 years of broad knowledge of the components of the Basel II Advanced Measurement Approach to operational risk economic capital
Strong insurance background, minimum 7 years' experience negotiating programs, premiums and deductibles, and pursuing claims
Minimum 7 years project management and people management experience
Director Risk Examples
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Director Risk Job Description
Job Description Example
Our company is growing rapidly and is hiring for a director risk. We appreciate you taking the time to review the list of qualifications and to apply for the position. If you don’t fill all of the qualifications, you may still be considered depending on your level of experience.
Responsibilities for director risk
- Lead the implementation and sustainment of operational risk management programs and practices
- Apply your in-depth knowledge of business strategies, programs, policies and procedures to identify key operational risk exposures within PDI and PFP and their impact on business objectives
- Review and complete documentation of scoping, process understanding, risk and control identification, control evaluation and observations in audit toolkit
- Make decisions on a broad range of factors
- Write high-quality observations and audit reports
- Work with business segment audit teams to consistently assess and audit controls around model-driven processes
- Creates and fosters an environment of partnership and collaboration between GPV and the project/product team
- Assist in creating and communicating the strategic vision for effective governance processes, and the assessment of enterprise and operational risks
- Partner with key stakeholders and leaders to build and execute overall strategy
- Lead initiatives to develop and maintain process measurements and implement controls to monitor current processes across the organization
Qualifications for director risk
- Ability to influence and lead within the group, and across Russell globally
- Keen sense of what steps are required for controls to be made effective, sequencing & priority
- Bachelor's Degree in Management Information Systems, Computer Science or related discipline degree from an accredited college or university OR equivalent experience
- Ten (10) years of direct experience in information security, information systems, information security audit or risk management
- Demonstrated experience leading the development and implementation technology risk management program in a multifaceted organization
- 10+ years of experience related to Operational Risk, in management and execution roles in business, operations or control functions, Internal Audit or, Enterprise/Operational Risk Management
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Director Risk Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of director risk. Please review the list of responsibilities and qualifications. While this is our ideal list, we will consider candidates that do not necessarily have all of the qualifications, but have sufficient experience and talent.
Responsibilities for director risk
- Guide the development of Operational Risk Framework components for PDI and PFP
- Provide risk mitigation strategies and support to the businesses to drive understanding of operational risk exposure and risk mitigating controls in PDI and PFP
- Provide oversight for risk analytics and engage business stakeholders with insight into the business’ key risks
- Help design operational risk policies and lead the implementation of the policies within PDI and PFP
- Establish routines with GRM and Product Heads to review progress of assessments, address data integrity issues and identify potential challenges to timelines
- Provide guidance for project risk assessments, identify opportunities for control optimization and assist with determining the risk and impact to the business’ operational risk profile
- Report operational risk profiles, analysis and exposures to the PDI and PFP Executives and Senior Management
- Support the development, and challenge, of management action plans for operational related audit issues
- Ensures appropriate exam outcomes for Treasury Solutions through exam management protocols
- Participates as a member of the team identified to complete a Root Cause Analysis (RCA)
Qualifications for director risk
- Ensure model development, validation, monitoring/reporting processes are compliant with regulatory requirements
- Keep abreast and ensure compliance with new and evolving Basel/Regulatory requirements
- Participate in industry forums on regulatory developments
- Self-management in an offshore location reporting up to an overseas location
- Prioritizing and managing workload in a group-wide manner, adjusting and escalating accordingly
- Developing and manage staff for career and performance management
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Director Risk Job Description
Job Description Example
Our company is hiring for a director risk. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for director risk
- Implement ORM framework for specific business units and promote risk analysis to support decision making
- Act as risk advisor to management
- Build strong partnerships across the organization and reinforce a balanced focus between the business goals of revenue growth with the need to maintain a proper risk / reward balance across locations and business units
- Strategic planning and solution identification as it pertains to the ICAP (Internal Control Assessment Program), or other risk and control initiatives
- Provide risk-focused analytic support for department initiatives including transaction monitoring strategies, customer risk ranking model, country risk ranking list, NAICS code list and
- Work with the business to develop and recommend risk strategies based on qualitative and quantitative analysis
- Provide advice and guidance to the various production entities and Warner Bros
- The Director of Liquidity Risk is responsible of assisting VP Market risk in ensuring appropriate measures are in place and steps taken to effectively and optimally measure, model, analyze and interpret changes to the company’s liquidity risk profile
- Manage and coordinate all key risk activities across the Consumer FLU, to ensure material risks are identified, escalated, managed and remediated timely
- Participate to Corporate Risk assessment processes for Consumer, such as SOX, Operational Risk Control Self-Assessments, Vendor Risk Assessments, Compliance Risk Assessments, Business Continuity Planning
Qualifications for director risk
- Strong interpersonal and communication skills and display initiative to lead discussions with operational staff at all levels, business leaders and risk management colleagues
- Ability to make decisions and work closely with peers/ senior management
- Managing and executing tasks within set timeframes
- Qualitative development of internal models and limit framework for market risks and possess deep understanding of current and future regulatory requirements particularly in relation to China
- Drive Market Risk analysis and build for new products, highlighting and resolving issues as required
- Minimum of 10 Years Traded Market Risk Experience preferably in Rates or FX
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Director Risk Job Description
Job Description Example
Our company is growing rapidly and is looking to fill the role of director risk. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for director risk
- Maintain high functioning staff by recruiting, selecting, orienting, and training employees
- Serve as risk adjustment coding subject matter expert for Medicare plans and corporate HCC/RAF outreach teams
- Promote a provider-friendly, customer service oriented philosophy within the HCC/RAF department
- Counsel the complete risk management relationship, within multiple business lines, between other first line of defense risk teams influencing teams to satisfy internal audit demands and/or external regulators
- Oversee holistic risk based governances over multiple business lines and consult in first line, participate in second line of defense governance frameworks
- Manages all aspects of insurance policy administration including Corporate Insurance program and project specific placements
- Administers and maintains organization’s insurance programs
- Manage annual policy renewals
- Review and approve premium payments
- Develop allocation of insurance costs, including captive premiums
Qualifications for director risk
- 10+ years of experience related to Operational Risk, in management and execution roles in operations functions and in control functions, Internal Audit, Enterprise Risk Management
- Strong technical knowledge with particular emphasis on RMB markets and able to use initiative
- Ability to work as part of a global team and with a broad group of stakeholders
- Experience in the financial services industry with a preference for retirement, life insurance and retail financial services is required
- Undergraduate degree and / or professional or Industry qualifications
- Advanced degree in accounting, finance, or economics from an accredited college/university
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Director Risk Job Description
Job Description Example
Our company is growing rapidly and is hiring for a director risk. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for director risk
- Global insurance program management including the understanding of a global insurance program and local insurance program interface
- Conduct safety and security patrols of property
- Attend meetings schedule and conduct departmental meetings
- Must be highly skilled at working with various departments within a large medical center, and will manage initiatives from inception through implementation
- Injury, Illness, and Near Miss Reporting
- Workers Compensation Claims, Claim Information Requests and Management Insurances Carrier and Loss Adjustments
- Maintenance of accurate data on certificates of insurance, property and vehicle assets
- Accident Prevention Plan
- Modified Duty Program to include Medical Monitoring and Surveillance Program
- Identify safety and protection goals, objectives and metrics consistent with corporate strategic plan
Qualifications for director risk
- Experience in financial service industries required
- 3-5 year’s experience in creating contracts, negotiations, and vendor management required
- Significant ( > 7 years) experience within an oil, gas or petrochemical operating environment
- Good knowledge of hazard modelling tools is preferable but not essential
- Previous consulting experience beneficial but not essential
- Must be able to demonstrate an ability to relate to clients in different cultures and at different levels of the organisation - from plant operator to senior manager