As Risk officer you are responsible for the following:
Implement the risk policy (manual) after approval by the Board, based on the corporate strategy in order to comply fully with all laws, regulations, internal policies and procedures.
Assisting in risk assessments and audits of the risk policies, including liaising with internal auditors, in order to ensure that the specific objectives are realized qualitatively and quantitatively.
Contribute to risk evaluations which involves compare estimated risks with risk criteria established by the organization such as costs, legal requirements and environmental factors.
Monitor and review processes, in accordance to establish processes and compliance regulations, to ensure risks and compliance arrangements are in place.
Education & training
Provide support, education and training to staff, commonly at operational and tactical level.
Contributing to projects, taking into account the framework of the projects in order to make substantive contribution to the objective of the projects.
Risk report in an appropriate way for different audiences, for example to 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 and to individuals to understand their accountability for individual risks.