Vice President of Contracts and Risk Management
2 days ago
**Description**
Vice-presidents (VPs) in charge of risk management accountable for overseeing the department's risk management and making sure that all procedures as well as protocols and strategies are implemented in a way that protects the assets of the company. Communication and interpersonal abilities are essential for this job to effectively communicate with employees within and outside of the organization.
They work their work with the committee on risk regularly and assist in the development and supervise the development of new strategies to effectively limit the risk that the company takes. They can also assist in create and implement company policies and procedures that aid in the effective monitoring. Risk management VPs collaborate together with the other executive, along with team and management leaders to ensure that there is a clear line of communication throughout the day They may also be accountable for conducting regular risk assessments and reporting results and suggestions for improvement to executive boards to improve.
**Roles & Responsibilities**
As a Vice President VP, Risk Management your main responsibilities include:
- Assess and analyze potential risks within the organization and develop risk mitigation strategies.
- Implement risk management processes and procedures, ensuring compliance with regulatory requirements.
- Collaborate with cross-functional teams to identify, evaluate, and monitor risks across various business areas.
- Prepare and present reports to senior management, highlighting key risk areas and providing recommendations for improvement.
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