Risk Lead Job Description
Risk lead
provides direction to address losses; and have the ability to use the tools and products to provide the services as necessary.
Risk Lead Duties & Responsibilities
To write an effective risk lead job description, begin by listing detailed duties, responsibilities and expectations. We have included risk lead job description templates that you can modify and use.
Sample responsibilities for this position include:
Complete quality control and quality assurance reviews of data analysis, survey responses, and risk assessment reports
Inventory the critical data in Risk Management and ensure that it is protected from loss
Provide interpretation and counsel on Enterprise-wide IT Risk policies
Prepare, Extract and analyze data covering a wide range of information from user profile to transaction history from large databases
Trouble-shooting any data, system and flow challenge while maintaining flawless strategy execution
Develop and oversee the implementation of standard model development procedures across all consumer portfolios
Develop and execute methodologies for analysis of AML risk on an enterprise-wide basis, across all lines of business (“LOB”), regions, countries and product & client segments
Co-manage execution of the end-to-end AML Risk Assessment process across lines of business (“LOBs”) with LOB AML Business Initiative Leads, GFCC AML Compliance, Oversight & Control, and other key stakeholders
Effectively and proactively communicate with various teams as AML Risk Assessment Subject Matter Expert (“SME”) to drive execution of assessments, resolve issues, and share information throughout assessment process
Collaborate with AML Risk Assessment Reporting and Quantitative Teams on production of customized and ad-hoc reports, quality control reviews, and workflows
Risk Lead Qualifications
Qualifications for a job description may include education, certification, and experience.
Licensing or Certifications for Risk Lead
List any licenses or certifications required by the position: CISSP, CISA, CISM, CRISC, CFA, FRM, ISACA, I&AM, ISAE, SSAE
Education for Risk Lead
Typically a job would require a certain level of education.
Employers hiring for the risk lead job most commonly would prefer for their future employee to have a relevant degree such as Bachelor's and Master's Degree in Management, Education, Finance, Business, Military, Computer Science, Mathematics, Engineering, Statistics, Economics
Skills for Risk Lead
Desired skills for risk lead include:
Policies
Ability to create
Ability to help an organization adapt to applicable federal
Ability to leverage that information in creating customized customer solutions
Ability to use tools
Assess
Best practices to identify
Company-specific regulations
Data
Directions
Desired experience for risk lead includes:
5+ years of analytical experience in financial services industry
4-year college degree in a quantitative discipline required
Credit card and subprime experience required
Ability to thrive in a dynamic, fun and fast-paced environment
Excellent relationship management and consulting skills with proven ability to quickly earn the trust of sponsors and key stakeholders, mobilize and motivate teams
Drive tactical changes to support and enhance AML Risk Assessment efforts including policy, procedures, and process enhancements
Risk Lead Examples
1
Risk Lead Job Description
Job Description Example
Our company is searching for experienced candidates for the position of risk lead. Thank you in advance for taking a look at the list of responsibilities and qualifications. We look forward to reviewing your resume.
Responsibilities for risk lead
- Monitor field and shop data for leading indicators of emerging fleet issues or PGS productivity erosion
- Parter with IT leads to ensure proactive management for all categories of IT Risk
- Develop and refine a comprehensive risk management architecture for Corporate Systems
- Provide advice and counsel to Corporate Systems Management to enhance their ability to anticipate, identify, manage and remediate IT risk effectively
- Design, develop and manage real-time fraud risk strategies while balancing customer experience, risks and rewards
- For each modeling project, design its best structure and select the most appropriate techniques which may include a combination of several techniques
- Conduct on-going strategy performance analytics and communicate strategy design and result to senior management
- Assist in the design and launch of new products and services from the risk perspective
- Co-owner of maintaining the Risk Share Point site, providing visionary requirements recommendations
- Other duties and responsibilities as assigned based on Risk Management needs
Qualifications for risk lead
- Must be a good communicator, analytical, flexible and ethical
- Ability to effectively communicate with multiple cultures and business backgrounds
- Must work effectively independently and in a “virtual” team setting whereby team members and management are spread across the globe, mostly communicating via telephone, email
- Extensive experience in all aspect of credit risk management focusing on risk policy and tool development
- Innovative analytical methods on customer behavioural analysis linked to profitability
- Develop and Manage new and existing Collection Strategies in order to optimize profitability, utilizing Scoring and Segmentation techniques, including the usage of Champion/Challenger or Test/Control design
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Risk Lead Job Description
Job Description Example
Our company is growing rapidly and is looking for a risk lead. 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 risk lead
- Define and monitor risk framework(s) and associated guidelines, strategies and policies for specific risks
- Develops analytical methods and models that assess the market, actuarial and/or operational risk of new and existing financial products
- Analysis and ensure client data service quality
- Selects the proper design patterns and solution frameworks for the Credit Risk Platform platform, both back-end and front-end
- Collaborate with the global Risk Measurement teams the other GPMR functions to improve the efficiency and effectiveness of the global platform
- Have practical experience in modelling/analysing credit portfolios, with a good understanding of risk management practices
- Have a passion for researching new ways to solve complex problems that deliver insight and business benefit
- Be able to support the production of high quality written communication including results of research and presentations for technical and non-technical audiences
- Work to tight timescales and remained focussed in a pressured environment
- Use detailed logic and analysis to review and challenge model outputs
Qualifications for risk lead
- Experience counselling senior management, crafting creative solutions and integrating multiple business objectives Applications from job seekers who require sponsorship to work in the UK are welcome and will be considered alongside all other applications
- Bachelor's Degree with minimum of 5+ years relevant project management experience in Finance, Business, Risk or Quality
- Strong Front End development skills including prior experience with BI tools, preferably Oracle BI tool
- 2+ years of demonstrated experience in risk management
- Experience in the payments industry or retail consumer risk management is a plus
- Current Risk & Controls experience within a large organisation
3
Risk Lead Job Description
Job Description Example
Our growing company is hiring for a risk lead. 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 risk lead
- Conducts data analysis to understand functional trends specific to their functional team
- Creates and executes development of new tools, systems, processes, or policies to drive functional strategic outcomes
- Coordinate availability, coverage, training, access, support and cross-learning requirements of the team over businesses, locations and services offered by the Credit Services team
- Seek synergies between the requirements of the various business partners and drive the simplification, automation, error-proofing and value addition of these processes from an operational standpoint
- Work with the Global Operations Credit Services teams in other locations to identify and benefit from synergies and opportunities for process standardization, optimization and simplification that can be promulgated across partner businesses
- Other tasks assigned by Manager or applicable leadershi
- Assists Branch Managers in the development of their calling skills through joint planning of calls, making joint calls on larger accounts and working together on monitoring of results and follow up as needed
- Take ownership of the guidelines, processes and frameworks for risks and issues across the programme and communicate any amendments accordingly
- Work across releases and work streams to ensure adherence to the process
- Own and maintain the program risk and issue log, according to agreed SLAs
Qualifications for risk lead
- BA degree in related field (accounting, Finance, IT, risk management, ) appropriate for the risk area/department above or equivalent experience
- Typically 4+ years’ experience with either ERM, FRM, or ORM or Audit
- Must be able to maintain an optimistic perspective and respond constructively to adversity and criticism Entrepreneur and Innovative mindset to identify creative and thoughtful deliverables that consider the user experience
- Ensure model risk is appropriately managed and the usage of models in strategies are aligned with the purpose of the models
- Two years of relevant fraud management experience with exposure to different verticals (payment card fraud, check fraud, ach/wire, loans)
- Proven ability to work autonomously with minimal oversight to move projects forward
4
Risk Lead Job Description
Job Description Example
Our growing company is searching for experienced candidates for the position of risk lead. 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 risk lead
- Play a lead role in the developing, implementing and maintaining of the quality assurance systems to assess risk and drive up standards both in branch and for subcontractors working under the Torbay & Devon contract
- Ability to analyse information and critically evaluate data
- Responsible for maintaining global ERM stakeholder documentation
- Responsible for ensuring appropriate and necessary risk related communications and training to all business unit risk stakeholders
- Mentors associates within the department
- Participate in the identification of emerging risks and trends
- Based on input from various parts of the matrix, design, manage, and drive implementation of initiatives to continually improve, and to address key gaps in, BCG's overall risk management
- Construct monthly review and quarterly profiles for presentation to the RMC
- Participate in key Senior Leadership meetings as Manager, Risk Management’s Delegate
- Manages a direct team of 7-10 direct reports
Qualifications for risk lead
- Test some of the most complex controls completed by Marketing to ensure they are operating and designed effectively
- Work with process owners to ensure that where risks / issues are identified the control site is appropriately reviewed and any changes made
- At least 5 years of working experience ideally in a similar capacity
- Bachelor’s degree, preferably with in Business, Economics, Finance or Marketing similar discipline
- Work effectively independently and in a “virtual” team setting whereby team members and management are spread across the globe, mostly communicating via telephone, email
- Proficient in MS Excel, Word, PowerPoint, Publisher, PDF Writer, Outlook, SharePoint
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Risk Lead Job Description
Job Description Example
Our innovative and growing company is searching for experienced candidates for the position of risk lead. 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 risk lead
- Will work to identify, assess and action various risks throughout the assigned business line by executing defined risk programs
- Delegates and prioritizes effectively to ensure that individual or team time is focused on high-impact needs
- A recognised Risk, Audit or Finance qualification or degree
- Experience working within a similar role along with drive, passion and understanding of risk management
- Excellent communication and presentation skills, including the ability work with stakeholders at all levels
- Some travel to our Global Sites may be required (up to 25%)
- Execute high priority
- To carry out duties to enable Mears Care to continue to comply and meet all standards relevant to national regulation and local authority requirements
- A degree or similar qualification
- Minimum NVQ Level 3 qualified
Qualifications for risk lead
- Knowledge of architectural frameworks and best practices
- Make recommendations specific to managing credit risk while managing to the growth, profitability, and compliance objectives of the organization
- Oversee the work of offshore analysts in addition to producing reports and analysis on new and existing programs
- 5+ year’s analytical or equivalent experience
- Development of Impairment, Probability of Default, Exposure at Default and Loss Given Default models required for IFRS9 impairment framework and the calculation of Basel III Regulatory Capital
- Previous experience in an organizational risk management or audit function strongly preferred