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Arm-Chair

Risk Management Advisor

Banking & Finance

  • Average Salary

    RM2500 - RM 5000

  • Career Trends

    -

  • Compability

What is Risk Management Advisor?

A Risk Management Advisor is a person who is responsible for keeping a company stable, and keeping the company profitable. Risk Management Advisor analyzes and manages risk management issues, by identifying, measuring, and making decisions on operational or company risks for an organization. They also analyzes risks and implements plans and strategies to minimize business losses.

Minimum education level

 

PT3

SPM

STPM

Diploma

Degree

Average Salary

RM2500 - RM 5000

Example of a Job Position

Risk Officer Head
Director of Credit Risk Management
Director of Risk Management
Risk management
Risk Manager
Risk and Insurance Consultants
Director of Global Risk Management
Financial Risk Management Specialist
Risk Management Expert

Task

? Record and ensure communication about key risks ? Maintain usage or quality of data from the risk management system ? Recommend ways to control or reduce risk ? Identify key risks and things that can reduce potential investment reduction factors, such as asset type and value, legal structure and ownership, professional reputation, customer base, or industry segment ? Designing systems and processes to monitor the validity of the risk of capital expenditure ? Plan, design and implement the overall risk management process for the company ? Conduct a risk assessment, including identifying, describing and estimating risks that could affect the business ? Evaluating risks, including comparing estimation risks with criteria set by the company, such as costs, legal requirements and environmental factors, and evaluating previous handling of risk organizations; ? Reporting risks in the right way for different audiences For example, for the board of directors, he must make them understand the most significant risks ? While for business chiefs, he must make sure they are aware of the risks relevant to their part of the business they manage ? Implementing corporate governance that involves reporting external risks to shareholders ? Auditing policies and compliance with standards, including relationships with internal and external auditors ? Provide support, education and training for company staff, to build risk awareness in the organization

Knowledge

Mathematics

Knowledge of arithmetic, algebra, geometry, calculus, statistics, and their applications.

Computers and Electronics

Knowledge of circuit boards, processors, chips, electronic equipment, computer hardware and software, including applications and programming.

Administration and Management

Knowledge of business and management principles including strategic planning, resource allocation, human resource modeling, leadership techniques, production methods, and coordination between people and resources.

Law and Governance

Knowledge of laws, legal rules, court procedures, precedents, government regulations, executive orders, institutional rules, and democratic political processes.

Economics and Accounting

Knowledge of economic and accounting principles and practices, financial markets, banking, and financial data analysis and reports.

Skills

Active Listening

Give full attention to the words of others, set aside time to understand the points presented, ask questions appropriately, and not interrupt at the wrong time

Talking

Talk to others to convey information effectively

Critical Thinking

Using logic and reasoning to identify the strengths and weaknesses of alternative solutions, conclusions, or approaches to the problems handled

Reading Understanding

Understand sentences and paragraphs written in work documents.

System Analysis

Determine how the system should work and how the changes in conditions, operations, and environment affect the results achieved.

Capability

  • 1

    Oral Expression - The ability to communicate information and ideas when speaking, so that others can understand what is being conveyed

  • 2

    Deductive Reasoning - The ability to apply general rules to certain problems in order to produce reasonable answers.

  • 3

    Inductive Reasoning - The ability to combine pieces of information to form general rules and conclusions (including finding relationships between seemingly unconnected events).

  • 4

    Oral Understanding - The ability to listen and understand information and ideas conveyed through words and oral sentences

  • 5

    Problem Sensitivity - The ability to tell when something is wrong or maybe wrong. This does not involve solving the problem, only knowing if there is a problem.

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