Branch Manager at Pylon Management Consulting
Views:3363 Applications:103 Rec. Actions:Recruiter Actions:89
Manager - Enterprise Risk Management - Internal Audit (5-8 yrs)
There are various important ERM frameworks, each of which describes an approach for identifying, analyzing, responding to, and monitoring risks and opportunities, within the internal and external environment facing the enterprise. Management selects a risk response strategy for specific risks identified and analyzed, which may include:
- Avoidance: exiting the activities giving rise to risk
- Reduction: taking action to reduce the likelihood or impact related to the risk
- Alternative Actions: deciding and considering other feasible steps to minimize risks.
- Share or Insure: transferring or sharing a portion of the risk, to finance it
- Accept: no action is taken, due to a cost/benefit decision
Monitoring is typically performed by management as part of its internal control activities, such as review of analytical reports or management committee meetings with relevant experts, to understand how the risk response strategy is working and whether the objectives are being achieved.
Should have experience in the following :
- COSO
- ISO 31000
- Risk assessment/Mitigation
- Developing ERM framework
- SOX
- Internal Audit
No BFSI background - won't match this role. - FRM candidates please do not apply .
This job opening was posted long time back. It may not be active. Nor was it removed by the recruiter. Please use your discretion.