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Risk Management Specialist

2 months ago

Singapore Cornerstone Global Partners Full time
Job Description

**About the Role**

We are seeking a highly skilled Risk Management Specialist to join our team at Cornerstone Global Partners. As a key member of our organization, you will be responsible for identifying, assessing, and mitigating risks across various domains, ensuring the company's continued success and growth.

Key Responsibilities

  • Enterprise Risk Management: Proactively identify and assess potential risks across the entire organization, considering internal processes, external factors, industry regulations, and activities related to Business Continuity Management (BCM), Environmental Risk Management (EnRM), Technology Risk Management (TRM), and Operational Risk.
  • Develop and implement a comprehensive risk management plan that outlines strategies to mitigate or minimize the impact of identified risks.
  • Work collaboratively with various departments to implement risk mitigation controls, such as establishing safety protocols, purchasing insurance, or diversifying investments.

Business Continuity Management (BCM):

  • Develop, implement, and maintain a robust BCM program to ensure the organization's ability to recover from disruptive events with minimal downtime.
  • Conduct regular risk assessments to identify potential threats to business continuity, including those related to outsourcing, technology dependencies, and operational disruptions.
  • Develop and test business continuity plans to ensure effective response and recovery in the event of a disruption.

Environmental Risk Management (EnRM):

  • Identify, assess, and mitigate environmental risks associated with the organization's operations, including those related to outsourced activities and third-party vendors.
  • Develop and implement environmental management plans to minimize the organization's environmental footprint and comply with relevant regulations.
  • Stay up-to-date on environmental regulations and ensure the organization adheres to best practices.

Technology Risk Management (TRM):

  • Identify, assess, and mitigate technology-related risks, including cyber security threats, data breaches, system outages, and technology disruptions.
  • Develop and implement controls to safeguard the organization's technology infrastructure and data security.
  • Stay up-to-date on emerging technology risks and industry best practices.

Communication and Reporting:

  • Communicate effectively with stakeholders at all levels about potential risks, mitigation strategies, and BCM/EnRM/TRM/Operational Risk initiatives.
  • Prepare regular reports documenting the risk management process, its effectiveness, and program performance across all focus areas.

Compliance and Training:

  • Ensure the organization adheres to relevant regulations and industry standards related to risk management, BCM, EnRM, Outsourcing, TRM, and Operational Risk.
  • Develop and deliver training programs to educate employees on risk management best practices, BCM procedures, EnRM principles, TRM processes, and operational risk mitigation strategies.

Requirements:

  • Bachelor's degree in Risk Management, Business Administration, Information Technology (IT), or a related field (or equivalent experience).
  • Minimum of 3-5 years of experience in risk management, with a proven track record of success.
  • Strong understanding of risk identification, assessment, and mitigation strategies across various risk domains.
  • Experience with BCM, EnRM, TRM, and Operational Risk Management principles is a strong asset.
  • Experience managing risks associated with outsourcing activities and technology infrastructure is preferred.
  • Excellent communication, interpersonal, and analytical skills.