Job Descriptions-Risk Strategy and Framework:
-Develop, implement, and maintain a comprehensive risk management strategy and framework.
-Lead the identification, assessment, and prioritization of risks, including operational, financial, compliance, reputational, and strategic risks.
-Establish risk tolerance levels and create guidelines to ensure risks are managed within acceptable thresholds.
Risk Assessment and Mitigation:
-Oversee regular risk assessments and maintain a robust risk register.
-Collaborate with department heads to implement risk controls and mitigation strategies.
-Monitor emerging risks, industry trends, and regulatory changes that may impact the organization.
Risk Reporting and Communication:
-Provide regular risk reports and insights to executive leadership and the Board.
-Communicate risk policies and processes to internal stakeholders, fostering a culture of risk awareness and compliance.
-Develop and deliver training programs on risk management and compliance for employees at all levels.
Regulatory Compliance:
-Ensure compliance with relevant laws, regulations, and industry standards, coordinating with legal and compliance teams as necessary.
-Maintain up-to-date knowledge of regulatory developments and integrate compliance requirements into the risk management framework.
Crisis Management and Business Continuity:
-Lead the development and execution of crisis management and business continuity plans.
-Coordinate response efforts during emergencies, ensuring quick, effective, and coordinated actions to safeguard employees, assets, and reputation.