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Title
Text copied to clipboard!Head of Risks
Description
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We are looking for a highly experienced and strategic Head of Risks to join our executive team. This pivotal role requires a visionary leader who can develop and implement comprehensive risk management strategies to protect our organization's assets, reputation, and operations. The ideal candidate will possess a deep understanding of risk management principles, regulatory requirements, and industry best practices. As the Head of Risks, you will be responsible for identifying, assessing, and mitigating risks across all areas of the business, including financial, operational, strategic, and compliance risks. You will work closely with senior leadership to ensure that risk management is integrated into the organization's decision-making processes and that a strong risk-aware culture is fostered throughout the company. Your ability to communicate complex risk concepts in a clear and actionable manner will be crucial in driving risk management initiatives and ensuring that all stakeholders are informed and engaged. In this role, you will lead a team of risk management professionals, providing guidance, mentorship, and support to ensure that the team operates at the highest level of effectiveness. You will also be responsible for developing and maintaining relationships with external stakeholders, including regulators, auditors, and industry peers, to stay abreast of emerging risks and trends. The successful candidate will have a proven track record of leading risk management functions in a complex and dynamic environment, with a strong focus on delivering results and driving continuous improvement. If you are a proactive and results-oriented leader with a passion for risk management, we invite you to apply for this exciting opportunity to make a significant impact on our organization's success.
Responsibilities
Text copied to clipboard!- Develop and implement comprehensive risk management strategies.
- Identify, assess, and mitigate risks across all business areas.
- Integrate risk management into organizational decision-making processes.
- Foster a strong risk-aware culture throughout the company.
- Communicate complex risk concepts clearly to stakeholders.
- Lead and mentor a team of risk management professionals.
- Develop relationships with external stakeholders, including regulators.
- Stay abreast of emerging risks and industry trends.
- Ensure compliance with regulatory requirements.
- Conduct regular risk assessments and audits.
- Report on risk management activities to senior leadership.
- Collaborate with other departments to address risk-related issues.
- Develop and maintain risk management policies and procedures.
- Implement risk management tools and technologies.
- Drive continuous improvement in risk management practices.
- Prepare and present risk management reports to the board.
- Coordinate with legal and compliance teams on risk matters.
- Manage the organization's risk management budget.
- Ensure effective crisis management and response plans are in place.
- Lead risk management training and awareness programs.
Requirements
Text copied to clipboard!- Bachelor's degree in risk management, finance, or a related field.
- Master's degree or professional certification (e.g., CRM, FRM) preferred.
- 10+ years of experience in risk management or a related field.
- Proven track record of leading risk management functions.
- Strong understanding of risk management principles and practices.
- Experience in a complex and dynamic business environment.
- Excellent communication and presentation skills.
- Strong leadership and team management abilities.
- Ability to develop and implement strategic risk management plans.
- Experience with regulatory compliance and reporting.
- Strong analytical and problem-solving skills.
- Ability to work collaboratively with cross-functional teams.
- Experience with risk management tools and technologies.
- Strong project management skills.
- Ability to manage multiple priorities and meet deadlines.
- High level of integrity and ethical standards.
- Strong negotiation and influencing skills.
- Experience in crisis management and response planning.
- Ability to build and maintain relationships with external stakeholders.
- Proactive and results-oriented mindset.
Potential interview questions
Text copied to clipboard!- Can you describe your experience in developing risk management strategies?
- How do you integrate risk management into decision-making processes?
- What is your approach to fostering a risk-aware culture?
- Can you provide an example of a complex risk you successfully mitigated?
- How do you stay informed about emerging risks and industry trends?
- Describe your experience in leading a team of risk management professionals.
- How do you ensure compliance with regulatory requirements?
- What tools and technologies do you use for risk management?
- How do you communicate risk concepts to non-expert stakeholders?
- Can you discuss a time when you had to manage a crisis situation?
- What is your approach to continuous improvement in risk management?
- How do you collaborate with other departments on risk-related issues?
- Describe your experience in preparing risk management reports for the board.
- How do you handle conflicting priorities in risk management?
- What is your experience with risk management training and awareness programs?
- How do you build relationships with external stakeholders, such as regulators?
- What are the key challenges you have faced in risk management?
- How do you measure the effectiveness of risk management initiatives?
- Can you discuss your experience with budget management in risk management?
- What do you consider the most important qualities for a Head of Risks?
