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Risk Manager
Milestone Aquatech
posted 5mon ago
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Job Description
Milestone Aquatech LLP is looking for Risk Manager to join our dynamic team and embark on a rewarding career journey
- Risk Identification: Identify and analyze potential risks that could affect the organization's objectives, including operational, financial, strategic, regulatory, and reputational risks
- Risk Assessment: Evaluate the likelihood and potential impact of identified risks, using various methodologies such as risk matrices, quantitative analysis, and scenario planning
- Risk Mitigation: Develop and implement risk mitigation strategies and control measures to minimize or eliminate risks
- This may involve collaborating with different departments to implement risk management practices and procedures
- Risk Monitoring: Continuously monitor and assess risks to ensure that risk management strategies remain effective
- Regularly review and update risk registers, conduct risk assessments, and track risk indicators
- Compliance and Regulations: Stay updated on relevant laws, regulations, and industry best practices to ensure the organization's risk management practices are in line with legal and regulatory requirements
- Insurance and Contracts: Collaborate with insurance brokers and legal teams to assess insurance needs, negotiate contracts, and ensure adequate coverage for identified risks
- Reporting and Communication: Prepare and present comprehensive risk reports to senior management, board of directors, and other stakeholders
- Communicate risk-related information effectively and provide recommendations for risk mitigation
- Risk Culture and Training: Promote a risk-aware culture within the organization by conducting risk awareness training, workshops, and seminars
- Educate employees on risk management principles and best practices
- Qualifications:Education: A bachelor's or master's degree in risk management, business administration, finance, or a related field is often required
- Relevant certifications such as Certified Risk Manager (CRM) or Certified in Risk and Information Systems Control (CRISC) may be advantageous
- Industry Knowledge: A strong understanding of the organization's industry, including its operations, regulatory environment, and specific risks, is essential
- Analytical Skills: Ability to analyze complex data, identify patterns, and evaluate risks using quantitative and qualitative methods
- Problem-solving and Decision-making: Strong critical thinking skills to identify potential risks, develop appropriate risk management strategies, and make informed decisions
- Communication and Interpersonal Skills: Excellent communication skills to convey complex risk concepts to non-technical stakeholders and collaborate effectively with individuals across different levels of the organization
- Attention to Detail: Strong attention to detail to ensure accuracy in risk assessment and documentation
- Adaptability and Resilience: The ability to work in a fast-paced and dynamic environment, adapt to changing priorities, and handle multiple tasks simultaneously
- Ethical Conduct: Maintain high ethical standards and integrity while dealing with sensitive and confidential information
Employment Type: Full Time, Permanent
Functional Areas: Other
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