Risk Officer

Wasata Financial Securities

  • Doha, Qatar
  • US$5,000 per month
  • Permanent
  • Full-time
  • 13 days ago
Risk Identification and Assessment:
  • 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 Risk Management Strategies:
  • Develop strategies and plans to minimize or avoid risks.
  • Define preventive and corrective actions to be taken in case risks occur.
Continuous Risk Monitoring:
  • 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.
Risk Reporting:
  • 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.
Collaboration with Other Departments:
  • 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.
Policy and Procedure Development:
  • 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.
Compliance with Legal and Regulatory Requirements:
  • 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.
Incident Analysis:
  • 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.
Emergency Planning:
  • Develop and implement emergency response plans in case risks materialize.
  • Ensure that employees are trained on these emergency plans.
Evaluating Risk Management Effectiveness:
  • 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.
Other Duties:
  • Additional duties may be assigned, considering the avoidance of conflicts of interest.

Bayt

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