Job Family Card - Risk Management

Develop, recommend and implement controls and cost-effective approaches to minimize the organization's risks effects. Identifies and analyses potential sources of loss to minimize risk and estimates the potential financial consequences of an occurring loss. Develop and implements risk procedures (including operational risk). Perform a continual cyclic process which includes risk assessment, risk decision making, and implementation of risk controls, which results in acceptance, mitigation, or avoidance of risk.

Job Family Code

CRM

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Job Roles

Card Job Role Description

Job Role

Risk Associate

Job Family Code

CRM

Job Family

Risk Management

Responsibilities

    Identify different types of risks and gather risk-related data from internal or external resources.

    Record and report information related to risk management.

    Gather organisational performance information to assess risks on business operations.

    Support statistical analysis to quantify risks using statistical analysis software or econometric models.
     

Card Job Role Description

Job Role

Risk Analyst

Job Family Code

CRM

Job Family

Risk Management

Responsibilities

    Identify and analyse areas of potential risks to business operations.

    Develop and implement risk-assessment models and methodologies ensuring the mathematical and statistical techniques.

    Communicate key risks to management and recommend appropriate control actions.

    Produce reports or presentations that outline findings, explain risk positions, or recommend changes.

Card Job Role Description

Job Role

Senior Risk Specialist

Job Family Code

CRM

Job Family

Risk Management

Responsibilities

    Devise systems and processes to monitor validity of risk modelling outputs.

    Assess and estimate different types of risks affecting the business and analyse the impact when risks occur.

    Contribute to development of risk management systems.

    Monitor and analyse the portfolio of risk to evaluate the effectiveness of risk management.

    Build risk awareness amongst staff by providing support and training within the company.

    Devise scenario analysis reflecting possible severe events impacting the business.
     

Card Job Role Description

Job Role

Risk Manager

Job Family Code

CRM

Job Family

Risk Management

Responsibilities

    Contribute to the development of the organisation risk strategy including risk control measures to manage and mitigate risk exposures.

    Monitor implementation of overall risk management policies and processes and set the risk appetite for the organisation.

    Develop business continuity plan and recovery strategy to limit risk.

    Identify key risks and mitigating factors of potential investments.

    Develop and oversee implementation of the risk strategy awareness framework.
     

Card Job Role Description

Job Role

Head of Risk Management

Job Family Code

CRM

Job Family

Risk Management

Responsibilities

    Contribute to the formulation of the overall organisation's strategy, in collaboration with others in the executive team, focusing on the organisation's risk management function.

    Approve and ensure implementation of risk management function policies and procedures and ensure its efficiency.

    Manage risk management function and ensures its compliance to regulatory requirements as well as market standards.

    Manage and monitor risk management function budget for cost efficiency.

    Manage internal and external relationships and represent the organisation in all business matters related to risk management function.

    Ensure business continuity plan and recovery strategy are in place and all organisation's functions are fully aware of.

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