Risk Manager
The Risk Manager identifies, assesses, and mitigates financial and operational risks across the organisation. This role establishes risk management frameworks and ensures the organisation operates within its risk appetite.
What Does a Risk Manager Do?
Maintain a comprehensive risk register, ensure timely escalation of material risks, and deliver actionable risk reports to the board and regulators.
Key Responsibilities & Tasks
Risk Identification and Assessment
- Identify emerging risks across business units
- Conduct quantitative and qualitative risk assessments
- Maintain and update the enterprise risk register
Risk Mitigation
- Design and implement risk mitigation strategies
- Monitor risk indicators and trigger escalation protocols
Do You Have the Skills for This Role?
A Risk Manager needs 5 core competencies. Here's what's required and at what level.
Must-Have Skills (Advanced)
Communication
AdvancedInteracting with Others
Problem Solving
AdvancedThinking Critically
Decision Making
AdvancedThinking Critically
Supporting Skills
Sense Making
IntermediateThinking Critically
Collaboration
IntermediateInteracting with Others
SkillsFuture Skill Levels
3 levelsBasic
Recognise and understand fundamental concepts. Apply skills in routine situations with guidance.
Intermediate
Apply skills in varied situations independently. Analyse problems and adapt approaches as needed.
Advanced
Lead and innovate in complex situations. Evaluate strategies, guide teams, and drive improvements.
European Skills Framework
ESCOSkills and knowledge areas required for this occupation based on European classification.
Essential
Career Paths from Risk Manager
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Quick Facts
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