Applies subject matter expertise in line with the organisation’s risk management philosophy, to develop the organisation’s risk management strategy, framework, policies, procedures and practices. Exploits risk management expertise in ensuring the appropriateness of the various risk controls and risk response plans and activities.

Uses full knowledge of the risk management process, methods and tools, to review and analyse the project scope and identify any potential risks involved. Identifies, evaluates and carries out the appropriate activities involved in risk identification, assessment and response, according to the set risk mitigation and management plans.

Analyses and implements the procedures to be followed in risk management across the assigned teams or projects. Assists others across the teams in monitoring the risk indicators and risk management activities, and in developing and executing the necessary prevention and mitigation plans.

Demonstrates specialised knowledge of the evolving internal and external risk factors, and outlines for the team the proper process to be used in managing risk within the financial sector. Applies advanced skills in conducting risk identification and assessment and developing the necessary mitigation plans.

Develops basic understanding of the various potential risks in the financial industry, and how to effectively apply risk management practices within own area of responsibility. Applies basic skills and knowledge of the risk management process to conduct simple risk identification and assessment.