Risk Manager in Woleai Municipality

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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

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

Skills & Qualifications

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