Risk Manager
The Risk Manager is responsible for identifying, evaluating, and analyzing risks inherent to the operations of Real Capital Solutions. The Risk Manager will formulate, implement, administer, and evaluate risk management strategies to efficiently and cost-effectively manage those risks. This position is responsible for educating, advising, and counseling management and staff to reduce or transfer risks. The Risk Manager must remain informed of the dynamic changes that occur within the real estate industry and make the best risk mitigation method decisions based on the changes.
Essential duties and responsibilities:
- Establish and monitor key risk indicators, as well as implement corrective action plans to mitigate risks
- Establish and quantify the organization's 'risk appetite', i.e. the level of risk they are prepared to accept
- Create policies, procedures and control assessments in response to identified risks
- Complete risk assessment, which involves analyzing risks as well as identifying, describing and estimating the risks affecting the business
- Complete risk evaluation, which involves comparing estimated risks with criteria established by the organization such as costs, legal requirements and environmental factors, and evaluating the organization's previous handling of risks
- Maintain reports of significant risks and share with business heads to ensure they are aware of risks relevant to their parts of the business and to individuals to understand their accountability for individual risks
- Carry out processes such as purchasing insurance, implementing health and safety measures and making business continuity plans to limit risks and prepare for if things go wrong
- Deliver risk mitigation strategies including cost of insurance while increasing or improving the company's annual coverage in accordance with market and the portfolios performance.
Qualifications:
- Bachelor's Degree in Business, Real Estate or insurance or related experience
- Minimum five seven years of experience in insurance for real estate investments
- Proficient in Microsoft Office
- Excellent communications skills, both written and verbal
- Ability to work strategically with all business partners
- Strong interpersonal skills.
- Professional certification for Risk Management Professionals include the Certified Fraud Examiner (CFE), Associate Risk Management (ARM), Certified Risk Analyst (CRA), Certification in Risk Management Assurance (CRMA), Financial Risk Manager (FRM), Professional Risk Manager (PRM) and/or Certified in Risk and Information Systems Control (CRISC) preferred.
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this job, the employee is frequently required to stand, walk, and talk and hear. The employee is frequently required to sit when doing paperwork or answering emails; use hands or fingers to utilize computer. Specific vision abilities required by this job include close vision, distance vision, color vision, peripheral vision, depth perception, and ability to adjust focus.