Risk Managers are responsible for identifying, assessing, and managing risks that could potentially impact an organization. They work with all levels of management to develop risk management plans and strategies, and implement policies and procedures to minimize exposure to risk. Risk Managers also monitor trends and changes in the risk environment, and keep abreast of new developments in risk management techniques.

Risk Manager Job Responsibilities

  • Review and assess risk management policies and procedures
  • Develop and implement risk management plans
  • Identify potential risks and vulnerabilities
  • Conduct risk assessments
  • Monitor and report on risk management activities
  • Coordinate with other departments to mitigate risks
  • Provide training on risk management best practices


  • Develop and implement risk management programs
  • Analyze and report on key risk indicators
  • Identify, assess, and manage enterprise risks
  • Coordinate with other departments to ensure effective risk mitigation
  • Prepare annual risk reports for senior management
  • Ensure compliance with all relevant laws and regulations

Risk Manager Job Skills & Qualifications Needed

  • Some specific skills and qualifications that are needed for the role of risk manager include: excellent analytical and critical thinking skills, great organizational abilities, strong communication skills, and the ability to work well under pressure. Additionally, risk managers should have a solid understanding of financial concepts and principles, as well as experience working with statistical analysis software.