Risk Identification and Assessment
- Identify, analyse, and assess risks that could impact the organization’s ability to achieve its objectives.
- Conduct regular risk assessments and evaluate the effectiveness of existing risk management processes.
- Develop risk maps and maintain a risk register to document identified risks and their mitigation plans.
Risk Mitigation and Management
- Develop and implement risk mitigation strategies and action plans.
- Monitor the implementation of risk management practices across the organization.
- Ensure compliance with relevant regulations, standards, and best practices in risk management.
Reporting and Communication
- Prepare and present risk reports to senior management and the Board of Directors.
- Communicate risk management policies and procedures to all staff.
- Provide training and support to employees on risk-related issues.
Policy and Framework Development
- Assist in the development and enhancement of risk management frameworks, policies, and procedures.
- Ensure that risk management practices are integrated into the organization’s strategic planning and operational processes.