Risk Management Specialist
7 days ago
Job Description
Risk Assessment and Control
- Purpose: To facilitate the risk assessment tool set documents for all high impact processes, ensuring they are reviewed every 6 months and changes are highlighted to management and clients.
- Responsibility: Establish and execute control testing protocols to ensure relevant controls function as defined. Highlight deficiencies in controls to stakeholders, along with mitigation plans.
- Collaboration: Work across teams to establish controls, mitigating deficiencies highlighted through internal audits and testing packs. Engage relevant teams to address these issues and showcase improvements.
- Improvement Initiatives: Facilitate control design effectiveness and operational efficiency improvements through Root Cause Analysis (RCA).
- Sites Operations: Ensure a robust risk document is in place across all sites (if applicable).
- Risk Reporting: Consistent, clear, accurate, and timely risk reporting by Risk & Compliance.
- Quarterly Reviews: Continuously review Inherent Risk on the Risk profile for Operations, ensuring the team understands potential issues and takes necessary actions.
- Change Management: Be actively involved in change management, highlighting risks through impact assessments on all Change Requests.
- Whistle Blowing: Have a thorough understanding of 'whistle blowing' procedures and take appropriate action when required. Regularly check staff understanding of their responsibilities.
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