Risk Manager in Palikir - National Government Center

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Hiring a risk manager to take resposibility of identifying, assessing and mitigating potential risks in our business financial stability, securty or operations. The ideal candidate should understand risk management frameworks, methodologies, profitability threats in to avoid, reduce, or transfer those risks

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Key Responsibilities

Financial Risk Analysis – Evaluating market fluctuations, credit risks, and investment strategies.
Risk Assessment – Identifying threats related to finance, security, compliance, and operations.
Crisis Management – Coordinating responses to unexpected events or emergencies.
Contingency Planning: Developing and maintaining contingency plans to address potential risks if they occur.
Knowledge of Risk Management Frameworks: Understanding of various risk management frameworks and methodologies.
Compliance: Ensuring that the organization complies with relevant regulations and standards.
Monitoring and Reporting: Continuously monitoring risks and the effectiveness of risk management measures, and reporting to management and stakeholders.
Insurance Management – Securing coverage to protect against financial losses.
Risk Analysis and Evaluation: Assessing the likelihood and impact of identified risks, often using statistical models and valuation tools.
Communication & Leadership – Advising executives and training employees on risk awareness.
Developing Risk Management Plans: Creating and proposing risk management strategies and action plans to address identified risks.
Risk Identification and Assessment: Identifying potential risks across various areas of the business, including financial, operational, legal, and regulatory risks.
Decision-Making – Implementing strategies to minimize exposure to threats.
Communication and Collaboration: Communicating risk information to various stakeholders, including management, employees, and external parties.
Implementing Risk Reduction Measures: Putting in place measures to reduce or eliminate risks, including implementing policies, procedures, and controls.
Communication Skills: Ability to communicate risk information clearly and concisely to various audiences.
Technical Knowledge – Understanding financial models, cybersecurity risks, and regulatory frameworks.
Risk Mitigation Strategies – Developing contingency plans and preventive measures.
Technical Skills: Proficiency in using risk management software and tools.
Analytical Thinking – Assessing complex risks and predicting potential impacts.
Domain Expertise: Specific knowledge of the industry or sector in which they are working.
Regulatory Compliance – Ensuring adherence to industry regulations and legal requirements.
Analytical Skills: Strong analytical and problem-solving abilities to assess and evaluate risk.

Skills & Qualifications

Financial Risk Analysis – Evaluating market fluctuations, credit risks, and investment strategies.
Risk Assessment – Identifying threats related to finance, security, compliance, and operations.
Crisis Management – Coordinating responses to unexpected events or emergencies.
Contingency Planning: Developing and maintaining contingency plans to address potential risks if they occur.
Knowledge of Risk Management Frameworks: Understanding of various risk management frameworks and methodologies.
Compliance: Ensuring that the organization complies with relevant regulations and standards.
Monitoring and Reporting: Continuously monitoring risks and the effectiveness of risk management measures, and reporting to management and stakeholders.
Insurance Management – Securing coverage to protect against financial losses.
Risk Analysis and Evaluation: Assessing the likelihood and impact of identified risks, often using statistical models and valuation tools.
Communication & Leadership – Advising executives and training employees on risk awareness.
Developing Risk Management Plans: Creating and proposing risk management strategies and action plans to address identified risks.
Risk Identification and Assessment: Identifying potential risks across various areas of the business, including financial, operational, legal, and regulatory risks.
Decision-Making – Implementing strategies to minimize exposure to threats.
Communication and Collaboration: Communicating risk information to various stakeholders, including management, employees, and external parties.
Implementing Risk Reduction Measures: Putting in place measures to reduce or eliminate risks, including implementing policies, procedures, and controls.
Communication Skills: Ability to communicate risk information clearly and concisely to various audiences.
Technical Knowledge – Understanding financial models, cybersecurity risks, and regulatory frameworks.
Risk Mitigation Strategies – Developing contingency plans and preventive measures.
Technical Skills: Proficiency in using risk management software and tools.
Analytical Thinking – Assessing complex risks and predicting potential impacts.
Domain Expertise: Specific knowledge of the industry or sector in which they are working.
Regulatory Compliance – Ensuring adherence to industry regulations and legal requirements.
Analytical Skills: Strong analytical and problem-solving abilities to assess and evaluate risk.