Key Responsibilities:

Identify and assess potential risks associated with business operations, projects, and external factors.

Conduct risk assessments to evaluate the likelihood and impact of identified risks.

Analyze and evaluate the financial, operational, and strategic implications of identified risks.

Collaborate with relevant stakeholders to understand their risk tolerance and risk appetite.

Develop and implement risk mitigation plans and strategies to minimize the impact of identified risks.

Collaborate with department heads to ensure that risk mitigation plans align with business objectives.

Stay updated on industry regulations and compliance requirements.

Ensure that the organization is in compliance with relevant laws and regulations related to risk management.

Manage the organization's insurance portfolio, ensuring adequate coverage for potential risks.

Collaborate with insurance providers to negotiate terms and coverage.

Communicate risk management strategies and updates to senior management and relevant stakeholders.

Prepare and present reports on risk management activities, trends, and key performance indicators.

Conduct training sessions to increase awareness of risk management principles and practices.

Work with teams to embed risk management into day-to-day operations.

Regularly review and update the risk management framework to adapt to changing business environments.

Recommend improvements to policies, processes, and procedures related to risk management.

Qualifications and Skills:

Bachelor's degree in Business, Finance, Risk Management, or a related field. Advanced degrees (e.g., MBA) may be preferred.

5 years of working experience in operational risk management

Proven experience in risk management, preferably in a managerial role.

Strong analytical and problem-solving skills.

Excellent communication and interpersonal skills.

Knowledge of relevant laws, regulations, and industry best practices.

Certification in risk management (e.g., CRM, PRM, or similar) may be an advantage.