Head Of Risk
Current- Develop and maintain a comprehensive risk management framework, policies, and procedures. Regularly review and update these frameworks to adapt to changing business environments and emerging risks.- Formulate, implement, and continuously improve risk management strategies aligned with the company's objectives, ensuring they are in line with industry best practices and regulatory requirements.- Establish a robust monitoring program to track risks, including key risk indicators (KRIs) and early warning limits. Provide timely and accurate risk reports to the audit committee, the Board, and other relevant stakeholders.- Foster effective communication and collaboration with different departments to integrate risk management processes within their operations. Be a subject matter expert to ensure a comprehensive understanding of risks amongst different stakeholders.- Provide guidance and direction to the board of directors, senior management, and other relevant stakeholders on risk-related matters. Facilitate risk discussions, ensuring that risks are identified, understood, and appropriately managed at all levels of the organization.- Collaborate with senior management and the board to define and articulate the organization’s risk appetite and tolerance. Monitor and ensure that risk-taking remains within these established boundaries.- Champion the development of a robust risk-aware culture by fostering open communication, transparency, and sharing best practices across the organization. Encourage a proactive approach to identifying and addressing potential risks.- Engage with external stakeholders, regulatory bodies, and auditors to provide insights and reports on the organization's risk management processes and ensure compliance with external requirements and expectations.
