Operations

Director of Risk Management

Looking to hire your next Director of Risk Management? Here’s a full job description template to use as a guide.

About Vintti

Vintti is a strategic staffing agency that enhances the competitiveness of US businesses. By connecting SMBs, startups, and firms with highly skilled Latin American professionals, we offer a cost-effective solution to talent acquisition. Our model allows companies to access top-tier expertise at rates that significantly reduce overhead costs, enabling businesses to allocate resources more efficiently and boost their bottom line.

Description

The Director of Risk Management is responsible for identifying, assessing, and mitigating risks that could threaten the organization's success and sustainability. This role involves developing and implementing comprehensive risk management policies, processes, and strategies to protect company assets and ensure regulatory compliance. The Director works closely with various departments to evaluate potential risks, including financial, operational, and strategic risks, while recommending actionable solutions. Additionally, they play a crucial role in fostering a risk-aware culture across the organization, ensuring that risk management integrated into decision-making processes.

Requirements

- Bachelor's degree in Risk Management, Finance, Business Administration, or related field.
- Master's degree or professional certification (e.g., CRM, ARM, FRM) strongly preferred.
- Minimum of 10 years of experience in risk management or related field.
- Proven track record in developing and implementing risk management strategies.
- Strong knowledge of risk management principles, methodologies, and practices.
- Experience in regulatory compliance and industry standards.
- Excellent analytical and problem-solving skills.
- Proficiency in risk management software and tools.
- Strong leadership skills with the ability to lead and manage a team.
- Excellent communication and presentation skills.
- Ability to work collaboratively with various departments and stakeholders.
- Strong project management skills and attention to detail.
- High level of integrity and ethical standards.
- Ability to handle high-pressure situations and make well-informed decisions.
- Knowledge of business continuity and disaster recovery planning.
- Experience in coordinating with external consultants and auditors.
- Ability to stay updated on industry trends and emerging risks.

Responsabilities

- Assess and identify potential risks to the organization.
- Develop strategies to mitigate identified risks.
- Monitor the effectiveness of risk management policies and procedures.
- Integrate risk management processes with various departmental operations.
- Stay informed on industry trends, regulatory changes, and emerging risks.
- Prepare and present risk assessment reports to senior management and the board.
- Lead and support the risk management team.
- Develop and maintain risk tracking and reporting systems.
- Conduct regular risk audits for compliance verification.
- Facilitate risk awareness training sessions for staff.
- Review and approve risk assessments for new projects and initiatives.
- Collaborate with external consultants and auditors on risk management validation.
- Respond to risk incidents and coordinate recovery efforts.
- Ensure adequate insurance coverage for operational risks.
- Develop and implement business continuity and disaster recovery plans.
- Participate in strategic planning to align risk management with organizational goals.

Ideal Candidate

The ideal candidate for the Director of Risk Management position is a highly analytical and strategic thinker with a proactive and detail-oriented approach. They possess at least a bachelor's degree in Risk Management, Finance, Business Administration, or a related field, with a master's degree or relevant professional certification (e.g., CRM, ARM, FRM) strongly preferred. With a minimum of 10 years of experience in risk management or a related field, they have a proven track record of crafting and implementing effective risk management strategies. The ideal candidate boasts robust knowledge of risk management principles, methodologies, and practices, complemented by a strong grasp of regulatory compliance and industry standards. They exhibit exceptional analytical and problem-solving skills, reinforced by proficiency in risk management software and tools. As a strong leader, they have demonstrated their ability to lead and manage a team, providing guidance and support. Communication is a key strength, as they excel in both written and verbal communication, ensuring effective presentation and collaboration with various departments and stakeholders. The candidate is known for their high ethical standards and integrity, and their ability to handle high-pressure situations while making well-informed decisions. Their background includes substantial experience in business continuity and disaster recovery planning, coordinating with external consultants and auditors, and staying updated with industry trends and emerging risks. They are results-driven, committed to continuous improvement, and possess the acumen to foster a culture of risk awareness and accountability within the organization.

On a typical day, you will...

- Assess and analyze the organization's potential risks and develop mitigation strategies.
- Monitor and evaluate the effectiveness of risk management policies and procedures.
- Coordinate with various departments to ensure risk management processes are integrated into their operations.
- Stay updated on industry trends, regulatory changes, and emerging risks that could impact the organization.
- Prepare and present regular risk assessment reports to senior management and the board of directors.
- Lead and oversee the risk management team, providing guidance and support.
- Develop and maintain risk management systems and tools for effective tracking and reporting.
- Conduct regular risk audits to ensure compliance with internal policies and external regulations.
- Facilitate training sessions and workshops for staff on risk awareness and management best practices.
- Review and approve risk assessments for new projects, partnerships, and initiatives.
- Collaborate with external consultants and auditors to validate risk management processes.
- Respond to risk-related incidents and crises, coordinating recovery efforts and reporting.
- Ensure the organization has adequate insurance coverage for various operational risks.
- Develop and implement business continuity and disaster recovery plans.
- Engage in strategic planning sessions to align risk management activities with organizational goals.

What we are looking for

- Analytical and strategic thinker
- Proactive and highly detail-oriented
- Strong leadership and team management skills
- Excellent communicator, both written and verbal
- High ethical standards and integrity
- Collaborative and able to work with diverse teams
- Resilient and able to handle high-pressure situations
- Innovative with a forward-thinking mindset
- Strong decision-making abilities
- Meticulous with strong organizational skills
- Tech-savvy with proficiency in risk management tools
- Knowledgeable about regulatory landscapes and compliance
- Adaptable and able to stay current with industry trends
- Results-driven with a focus on continuous improvement
- Committed to fostering a culture of risk awareness and accountability

What you can expect (benefits)

- Competitive salary range based on experience and qualifications
- Comprehensive health insurance (medical, dental, vision)
- 401(k) retirement plan with company match
- Paid time off (PTO) including vacation days, sick leave, and holidays
- Flexible work schedule options
- Remote work opportunities
- Professional development and continuous learning opportunities
- Tuition reimbursement programs
- Employee wellness programs and resources
- Company-sponsored events and team-building activities
- Life insurance and disability coverage
- Employee assistance programs (EAP)
- Generous parental leave policies
- Performance-based bonuses and incentives
- Recognition and reward programs for outstanding performance
- Access to cutting-edge risk management tools and technology
- Mentorship and career growth opportunities within the organization
- Corporate discounts and memberships (e.g., fitness clubs, travel)
- Supportive and inclusive company culture focused on work-life balance

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