Executive Risk Management Specialist
7 days ago
As an Executive Risk Management Specialist at LOYAL PARTNERS, you will be responsible for developing and implementing risk policies, monitoring compliance, and fostering a proactive risk culture throughout the organization. Key responsibilities include:
- Developing and implementing risk policies, procedures, and controls in alignment with industry standards and regulatory requirements.
- Monitoring and reporting on key risk indicators (KRIs) and emerging risks, ensuring timely escalation and resolution.
- Overseeing compliance with legal and regulatory requirements, working closely with regulatory bodies and internal stakeholders.
- Conducting risk assessments and scenario analysis to evaluate potential business impact and develop mitigation strategies.
- Leading the development of risk mitigation plans, business continuity plans, and crisis management strategies.
- Collaborating with senior leadership to integrate risk management into strategic decision-making and business planning.
- Fostering a risk-aware culture through training, awareness programs, and strong internal communication.
- Developing and maintaining relationships with regulatory authorities, external auditors, and industry bodies.
- Providing periodic risk reports and insights to the Board of Directors, Audit & Risk Committees, and executive leadership.
- Bachelor's degree in Finance, Business Administration, Risk Management, or a related field (Master's degree preferred).
- Professional certifications such as FRM (Financial Risk Manager), PRM (Professional Risk Manager), or CRMA (Certified Risk Management Assurance) are highly desirable.
- Minimum of 10+ years of experience in risk management, compliance, or a related field, with at least 5 years in a leadership role.
- Extensive knowledge of enterprise risk management (ERM), governance, compliance, and regulatory frameworks.
- Experience in financial services, banking, insurance, or a highly regulated industry preferred.
- Strong analytical skills with the ability to assess and quantify risks.
- Excellent leadership, communication, and stakeholder management skills.
- Proven ability to develop and implement risk management strategies aligned with business objectives.
- Familiarity with risk management software, data analytics, and reporting tools.
- Strategic thinking and problem-solving skills.
- Strong business acumen and ability to assess risk in a dynamic business environment.
- High ethical standards and integrity in risk-related decision-making.
- Ability to influence and drive a risk-aware culture within the organization.
- Exceptional presentation and reporting skills for executive leadership and board discussions.
- Full-time
- Office-based
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