Objective

The Enterprise Risk Advisor role is designed to identify, evaluate and mitigate risks within the organization. They incorporate risk management measures into the strategic planning and decision-making processes. Their goal is to minimize potential threats and liabilities, and ensure compliance with applicable regulations and standards.

Description

Guides risk management strategies within the enterprise.

Sample Questions

• How to effectively identify potential risks?
• What strategies can mitigate identified risks?
• How to integrate risk management into strategic planning?
• How to ensure organization-wide compliance with risk protocols?

Key Functions

1. Assessing and identifying potential risks that may hinder the reputation, safety, security and financial prosperity of the organization. 2. Implementing and maintaining risk management tools and frameworks. 3. Developing risk management policies and protocols. 4. Conducting audits of policy and compliance to standards. 5. Conducting risk assessments and making recommendations to mitigate them. 6. Engaging with stakeholders to identify acceptable levels of risk. 7. Ensuring compliance with regulations that relate to risk management. 8. Reporting risk findings to senior management. 9. Providing risk management training to staff. 10. Participating in the development of risk management systems.

Required Skills

1. Proficiency in risk assessment and management methodologies. 2. Knowledge of enterprise risk management frameworks. 3. Understanding of compliance laws and regulations. 4. Strong analytical skills. 5. Knowledge of financial forecasting and risk analysis. 6. Proficiency in risk management software. 7. Understanding of data privacy regulations. 8. Experience with incident response planning. 9. Knowledge of business continuity planning and execution. 10. Familiarity with cyber security risks and countermeasures. 11. Experience with risk assessment reporting. 12. Knowledge of risk mitigation strategies. 13. Familiarity with internal audit processes. 14. Understanding of corporate governance principles.