JourneyCareersRisk Manager
Global Career Guide (EN)From Finance & Accounting β†’

Risk Manager

AI

Risk managers spot things that could go wrong in a business or organisation, then work out how to stop them or prepare for them. They help keep companies safe and running smoothly.

The role

What a risk manager actually does, day to day.

As a risk manager, you look for problems before they happen. You might spot that a company could lose money because of bad weather, or that computer hackers could steal data, or that a new law might change how the business operates. You write down all the risks you find and plan ways to stop them or reduce the damage.

Your day-to-day work involves talking to different teams across the company - the money people, the operations people, the legal team - to understand how they work and what could go wrong. You collect information, think it through carefully, and write reports that explain the risks to the managers and owners. Then you help set up rules and plans to handle the risks. You also keep checking that these plans are working.

A typical week

Day to day

1Conduct thorough risk assessments to identify potential threats to the organisation.
2Develop and implement risk management strategies and policies.
3Monitor and report on risk exposure and compliance with regulations.
4Collaborate with various departments to foster a risk-aware culture.
5Prepare detailed risk reports for senior management and stakeholders.
6Lead training sessions to educate staff on risk management practices.
7Stay updated on industry trends and emerging risks that could impact the organisation.