Divisional Risk Manager

Nocpl is looking for Divisional 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. Disclaimer : This job description has been sourced from a public domain and may have been modified by Naukri. com to improve clarity for our users. We encourage job seekers to verify all details directly with the employer via their official channels before applying.