Manager, Risk Management Job Description

Manager, Risk Management Job Description

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Manager, risk management provides analytical and decision support across through advanced statistical techniques and data mining (from sourcing to staging data and building analytics to implementation).

Manager, Risk Management Duties & Responsibilities

To write an effective manager, risk management job description, begin by listing detailed duties, responsibilities and expectations. We have included manager, risk management job description templates that you can modify and use.

Sample responsibilities for this position include:

Responsible for all aspects of measuring, modeling, monitoring, managing and reporting all risks across US based subsidiaries within Insurance industry
Knowledge of US and European insurance capital/solvency requirements is a plus
Designs and implements effective Enterprise Risk Management policies and procedures
Provide technical expertise to support strategies related to insurance, risk financing including accounting and tax implications, and contractual risk transfer
Develop and improve processes place insurance including the activities performed by the global broker
Ensure regulatory and supervisory controls are in place for products and processes by acting as a point of contact for internal, external business partners
Manage maintenance and creation of databases for the tracking of risk issues
Manage maintenance and creation of risk reporting to provide transparency and identify trends or potential issues
Develop and enhance risk measurement metrics and reporting
Facilitate alignment, resolve escalated issues and provide a point of contact for business and external senior leaders

Manager, Risk Management Qualifications

Qualifications for a job description may include education, certification, and experience.

Licensing or Certifications for Manager, Risk Management

List any licenses or certifications required by the position: PMP, CISSP, CISA, CISM, CRISC, LEAN, PRM, FRM, ARM, CRM

Education for Manager, Risk Management

Typically a job would require a certain level of education.

Employers hiring for the manager, risk management job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Engineering, Finance, Economics, Statistics, Mathematics, Business, MBA, Management, Computer Science, Accounting

Skills for Manager, Risk Management

Desired skills for manager, risk management include:

Statistics
SQL
Procedures
Clustering
Data mining techniques
Decision trees
Industry trends
Insurance
Excel
GAAS

Desired experience for manager, risk management includes:

Decent written and oral communication skills
At least 5 years of Project Management experience leading cross functional projects and programs in Risk
Good Bachelor degree preferably Accounting, Finance, Economics or Engineering
Proficient in both written and verbal communication skills in English
Build and maintain strong relationships with key business support & control function partners
Requires knowledge of operational risk management practices for a significant, complex and/or large scale business

Manager, Risk Management Examples

1

Manager, Risk Management Job Description

Job Description Example
Our innovative and growing company is looking to fill the role of manager, risk management. To join our growing team, please review the list of responsibilities and qualifications.
Responsibilities for manager, risk management
  • Positively impact the sales force through coaching and valuable, ensuring submissions include sound credit judgment and adherence to policy and procedures
  • Provides program/project leadership to business unit, operations and technology partners
  • Work closely with a team of Managers across Canada to coordinate travel schedules to ensure onsite reviews are completed as required
  • Partner and work with stakeholders, policy owners, and senior management
  • Implement scorecards to track progress against facility safety capex investment and reducing cost of risk
  • Provide direction and leadership to maintain, enhance, and address all program related activity
  • Develop and mentor the assigned APM as per the goals and expectations defined in the APM job description
  • Participate in industry conferences, design and deliver training programs, and provide support to marketing as an industry expert
  • Actively participate in the program specific COE and provide necessary support to international offices
  • Coordinate and/or delegate monthly teleconferences, and establish program communication
Qualifications for manager, risk management
  • Graduate degree in business, finance or associated field
  • Previous experience with Auditing, Risk, Quality
  • Lead cross functional risk efforts that impact both FLOD and SLOD
  • Serves as the primary resource for risk advice, information, expertise, and tools/practices that can be leveraged within the functional area
  • Partner with functional area(s), coordinate with other risk functions and collaborate with peers in other global regions
  • Complete periodic reporting on status of key risks and provide status updates to respective governance bodies
2

Manager, Risk Management Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of manager, risk management. If you are looking for an exciting place to work, please take a look at the list of qualifications below.
Responsibilities for manager, risk management
  • Identify exposure and assess liability through evaluation of claim loss statistics and trends
  • Apply sound judgement to adjudicating within delegated lending limits (DLA)
  • Take a balanced approach to asset growth and portfolio quality
  • Provide thought leadership to achieve a superior client experience, profitable business growth, business retention and productivity by providing the right decision the first time
  • Apply thought leadership within risk operations and drive innovation and efficiency
  • Be the credit risk Subject Matter Expert (SME) on cross-functional teams
  • Resolve escalated client issues or credit guideline/policy gaps
  • Identify innovation to improve the efficiency and effectiveness of the team
  • Help to ensure that teams are aligned and projects are being managed appropriately for on-time delivery, adherence to business requirements and delivery within approved budget
  • Provide leadership and guidance for respective applications
Qualifications for manager, risk management
  • Participate as required in the Enterprise Risk Management Working Group (ERMWG)
  • Ability to be hands on and personally execute on deliverables
  • High energy and a desire to work in a results-oriented, dynamic, rapid-growth global company
  • Comfortable dealing with ambiguity and creative in working with incomplete information
  • Manage multiple priorities and projects and communicate the progress of the projects to the team and business partners
  • 2+ years in analytics role or Master’s degree in related field
3

Manager, Risk Management Job Description

Job Description Example
Our growing company is hiring for a manager, risk management. 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 manager, risk management
  • Maintain ongoing knowledge of all events involving contractors and vendors
  • Act as the subject matter expert for contractual risk transfer matters
  • Work with business process owners to identify and document business requirements that will aid in the implementation of the technology solution
  • Oversight of Global Business Travel Joint Venture (GBT) from an operational risk lens
  • Execute Annual GBT Risk Assessment in coordination with business line
  • Monitor control metrics for GBT on a quarterly basis
  • Analysis of external operational risk events to ensure that our internal control framework is sufficient to prevent an occurrence at AXP
  • Development and maintenance of Key Risk Indicators and meaningful analytics relevant to the GCP and P&AP businesses Perform project management activities arising from assessing, developing and implementing the requirements of the operational risk framework for GCP, in accordance with AXP standards
  • Assist in the facilitation of Entity Risk Self-Assessment (ERSA ) for GCP, including risk identification, prioritization, report generation, action plan ownership and reporting to GCP leadership
  • Work with all Risk teams to establish a collaborative engagement/interaction model for project work and change resource management
Qualifications for manager, risk management
  • Minimum 5 years of experience within Financial Services industry, preferably in Risk Management, Financial, Audit, Internal audit or Actuarial role
  • CFA, CQF, FRM, PRM, Actuarial Credentials will be helpful but not required
  • Proactive approach to risk management
  • Previous experience in wholesale banking, treasury and/or working with risk and control concepts is an asset
  • Ability to thrive in a face paced, detail oriented environment
  • Creative thinking, analytical and problem solving skills, the ability to see the "big picture", identify areas for improvement and implement effective solutions that align with both enterprise programs and segment strategies
4

Manager, Risk Management Job Description

Job Description Example
Our company is growing rapidly and is looking to fill the role of manager, risk management. 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 manager, risk management
  • Assist with all property/casualty claims management for the US Firms and their personnel including, but not limited to, vehicles, worker’s compensation, general liability and property
  • Works very closely with the internal Quantitative Analytics group providing direction as to the type of analytical support needed for various work streams (for example, model build, back testing, and performance monitoring)
  • Risk Rating Tool Improvements - Work to improve the banks commercial risk rating tools through new build activities, enhancements to existing tools or through implementing recommendations made through internal reporting/validation reporting or external benchmarking
  • Technical application ability and skills
  • Serve as a technical expert on business processes or regulatory areas impacting the Business
  • The incumbent advises on new processes / products, initiatives and strategies from a risk and control perspective
  • Develop and implement automated tools for data collection, data aggregation and report publication for GSN Issue Management GSN senior leaders
  • PhD or health care degree required (nursing, pharmacy, physician) is required
  • Strong communication skills and ability to work closely with internal and external stakeholders and influence internal management teams
  • Subject Matter Expertise within Operational and Conduct Risk and will be able highlight potential threats to Senior Management and maintain regular communication with them by having effective stakeholder management principles
Qualifications for manager, risk management
  • Experience and understanding of new product development and operational risk management preferred
  • Strong project management and organizational skills and the ability to efficiently and effectively drive projects to completion
  • Strong communication skills with the ability to convey strategic insight and thought leadership in identifying emerging operational risk issues
  • Strong verbal and written communication, the ability to translate complex regulatory expectations into cohesive, structured policy documents
  • 5+ years of experience in Operational Risk, Auditing, or related Internal Control function responsibilities, or Business/Operations functions within the Banking or Financial Services industries
  • Strong interpersonal skills / ability to develop relationships partnership with peers in operational risk functions outside business unit and ORGG, SOX Compliance Group, IAG and other such risk subject matter experts, strong team player, and self-motivation with the ability to handle multiple workstreams and ad-hoc tasks simultaneously
5

Manager, Risk Management Job Description

Job Description Example
Our growing company is searching for experienced candidates for the position of manager, risk management. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for manager, risk management
  • Tracking & updation of Top Risks on quarterly basis
  • Preparing updates on Top Risks & Operational loss events for reporting to Global team
  • Data updation & reporting for Key business risk identified at Enterprise level
  • Collaborate with product and distribution leaders and line management to provide risk perspective in response to definition, prioritization, and execution of various initiatives
  • Partner with the business to execute risk assessments throughout the product and distribution functional areas
  • Ability to proactively understand, assess and document key risks and controls across operational area
  • Advanced knowledge within the industry subject matter expert on controls, root cause analysis, action plan status and reporting
  • Superior working relationships with the business, and a broad understanding of business processes in order to translate risk findings into business-related decision points
  • Risk analytics
  • Monitoring, guidance, and support to Amazonians traveling internationally
Qualifications for manager, risk management
  • Minimum five years of project management or business analysis experience
  • Knowledge of risk management processes and framework
  • Business analysis and process improvement experience
  • Knowledge of economic principles, financial theory and concepts, regulatory guidelines on Treasury related functions
  • An understanding of various financial management principles (e.g., Liquidity, Market Risk, Asset/Liability)
  • A strong understanding of the corporate balance sheet and familiarity of risk management principles

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