Hello Aspirant,

duties under a Risk Management job description include the following:

Designing and implementing an overall risk management process for the organisation, which includes an analysis of the financial impact on the company when risks occur

Performing a risk assessment: Analysing current risks and identifying potential risks that are affecting the company

Performing a risk evaluation: Evaluating the company’s previous handling of risks, and comparing potential risks with criteria set out by the company such as costs and legal requirements

Establishing the level of risk the company are willing to take

Preparing risk management and insurance budgets

Risk reporting tailored to the relevant audience. (Educating the board of directors about the most significant risks to the business; ensuring business heads understand the risks that might affect their departments; ensuring individuals understand their own accountability for individual risks)