Risk Officer
Wasata Financial Securities
- Doha, Qatar
- US$5,000 per month
- Permanent
- Full-time
- Analyze and identify potential risks that could affect the company, including financial, operational, legal, environmental, technological, and political risks.
- Evaluate the impact and likelihood of these risks to prioritize responses.
- Develop strategies and plans to minimize or avoid risks.
- Define preventive and corrective actions to be taken in case risks occur.
- Periodically monitor risk developments and update risk management strategies and procedures as needed.
- Monitor surrounding conditions and analyze changes that could lead to new risks.
- Prepare regular reports for senior management and internal audit regarding current and potential risks and how they are being managed.
- Provide estimates of potential losses and make recommendations for appropriate decision-making.
- Coordinate with all departments within the company, such as finance, operations, and marketing, to ensure everyone is aware of potential risks.
- Train teams and employees on risk management practices.
- Develop internal policies and procedures aimed at reducing risks and ensuring business continuity.
- Ensure that risk management practices comply with international standards and best practices.
- Follow up on local and international laws and regulations related to risk management and ensure compliance.
- Ensure the company adheres to all laws and policies aimed at minimizing risks.
- Analyze past incidents or losses to identify the root causes of risks and understand how to avoid them in the future.
- Document incidents and extract lessons learned.
- Develop and implement emergency response plans in case risks materialize.
- Ensure that employees are trained on these emergency plans.
- Evaluate the effectiveness of strategies and procedures used in risk management and ensure continuous improvement.
- Conduct periodic reviews to ensure that systems and technologies used for risk management are effective.
- Additional duties may be assigned, considering the avoidance of conflicts of interest.
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