Risk Manager

Job Summary:

The Risk Manager at Hotel Chain will be responsible for identifying assessing and mitigating risks that could impact the organisations ability to achieve its business objectives. This role involves developing risk management strategies implementing risk mitigation plans and ensuring compliance with regulatory requirements. The Risk Manager will work closely with various departments to promote a riskaware culture and enhance the overall resilience of the organisation

Key Responsibilities:

1. Risk Identification and Assessment:
   

• Conduct risk assessments to identify potential risks across various operations.
  

• Analyse and evaluate risks in terms of impact and likelihood.
  

• Develop and maintain a risk register to document identified risks.
  

2. Risk Mitigation:
   

• Design and implement risk management strategies and action plans.
  

• Monitor the effectiveness of risk mitigation measures and make necessary adjustments.
  

• Collaborate with departmental heads to ensure risk mitigation plans are integrated into business operations.
  

3. Compliance and Regulatory Affairs:
   

• Ensure compliance with relevant laws regulations and industry standards.
  

• Keep abreast of regulatory changes and assess their impact on the organisation.
  

• Prepare and submit compliance reports to regulatory bodies as required.
  

4. Risk Reporting:
   

• Prepare risk reports for senior management and the board of directors.
  

• Communicate risk management policies and strategies to stakeholders.
  

• Provide regular updates on the status of risk management initiatives.
  

5. Crisis Management:
   

• Develop and maintain crisis management and business continuity plans.
  

• Lead the response to crises and emergencies ensuring swift and effective action.
  

• Conduct regular drills and simulations to test and improve crisis management plans.
  

1. Training and Awareness:
   

• Conduct risk management training programs for employees at all levels.
  

• Promote a riskaware culture within the organisation.
  

• Provide guidance and support to departments on riskrelated issues.
  

2. Continuous Improvement:
   

• Review and improve risk management policies and procedures regularly.
  

• Stay updated on best practices in risk management and implement them as appropriate.
  

• Use data analytics and other tools to enhance risk management processes.
  

Qualifications:

• Bachelor s degree in Risk Management Business Administration Finance or a related field.
  

• Professional certification such as Certified Risk Manager (CRM) Certified Risk Management Professional (CRMP) or similar is preferred.
  

• Minimum of 4 years of experience in risk management preferably within the hospitality industry/Big4 and Big6 consulting firms.
  

• Strong knowledge of risk management principles methodologies and tools.
  

• Excellent analytical and problemsolving skills.
  

• Strong communication and interpersonal skills.
  

• Ability to work collaboratively with crossfunctional teams.
  

• Proficiency in risk management software and Microsoft Office Suite.