Risk Officer - Fujairah, United Arab Emirates - SAAD EXCHANGE

SAAD EXCHANGE

Verified Company

Fujairah, United Arab Emirates

1 week ago

Posted by:

Ahmed Al-Mansouri

beBee Recruiter

Conduct assessments
- identifying, asses, evaluate, describing and estimating the risks affecting the business.

To define and analyze possible risks
Evaluate the gravity of each risk by considering its consequences which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors, and evaluating the organization's previous handling of risks.
Audit processes and procedures
Develop risk management controls and systems
Design processes to eliminate or mitigate potential risks
Create contingency plans to manage crises
Evaluate existing policies and procedures to find weaknesses
Prepare reports and present recommendations
Help implement solutions and plans
Establishing and quantifying the organization's 'risk appetite', i.e., the level of risk they are prepared to accept;
Risk reporting in an appropriate way for different audiences the board of directors so they understand the most significant risks, to business heads to ensure they are aware of risks relevant to their parts of the business.