Develop and maintain Enterprise Risk Management (ERM) frameworks
Establish risk identification and assessment processes
Create standardized risk taxonomies
Assess materiality criteria for the risk universe
Identify and analyze potential risks threatening organizational success
Work with senior management to develop risk management strategies
Conduct market and feasibility studies for strategic projects
Implement robust internal control systems
Utilize financial and statistical tools for risk evaluation
Design risk assessments, dashboards, and scorecards
Monitor key risk indicators and emerging risks
Develop contingency plans for potential threats
Reporting and Governance:
Provide risk oversight to senior management
Create risk appetite statements
Liaise with stakeholders and board members
Ensure compliance with regulatory requirements
Strong knowledge of risk management processes, preferably in a regulated financial institution, with the ability to work across organizational teams