ENTERPRISE RISK MANAGER SKILLS, EXPERIENCE, AND JOB REQUIREMENTS
Published: Feb 05, 2025 - The Enterprise Risk Manager has experience in banking functions, operational processes, and internal controls, with the ability to develop and implement efficient risk management frameworks. Strong analytical, communication, and multitasking skills enable effective execution of complex projects in a dynamic environment while ensuring compliance with FCA regulations. Proficiency in IT systems, Microsoft Office, and risk control frameworks supports seamless integration of technology with business operations.
Essential Hard and Soft Skills for a Standout Enterprise Risk Manager Resume
- Risk Management
- Regulatory Compliance
- Data Analysis
- Operational Risk
- Risk Assessment
- Stress Testing
- Risk Reporting
- Risk Policies
- Risk Mitigation
- Risk Frameworks
- Team Leadership
- Risk Consultation
- Cross-Department Collaboration
- Continuous Improvement
- Stakeholder Management
- Project Management
- Process Improvement
- Risk Communication
- Risk Awareness
- Prioritization
Summary of Enterprise Risk Manager Knowledge and Qualifications on Resume
1. BS in Risk Management and Insurance with 5 years of experience
- Experience in the financial services industry working on similar projects and a strong understanding of risk management frameworks
- Experience with developing, maintaining and/or executing several of the following areas such as stress testing and scenario analysis, economic capital models, portfolio risk management, capital planning, risk appetite calibration, risk taxonomies
- Knowledge of stress testing regulatory requirements and related industry practices
- Good knowledge of investment banking business models, capital market products, and financial products including fixed income and equity (cash and derivatives)
- Grasp of UK and European prudential regulatory requirements applicable to banks and investment firms
- Good written and oral communication/presentation skills
- Analytical and numerate, comfortable managing financial data and MI, with strong Excel/coding skills
- A team player, comfortable working in a dynamic and evolving environment
- Ability to work independently and assume responsibility for project deliverables.
- Experience working within and having a thorough understanding of financial service environments.
- GRC tool strategy knowledge will be supportive in the success of this role.
- Good knowledge and application of Enterprise risk management tools and techniques, including detailed understanding and experience of risk identification, assessment, and continuous monitoring.
- Able to support the strategic development of management information and reporting.
2. BS in Finance with 4 years of experience
- Knowledge and experience working with regulatory frameworks and compliance standards (may include SOX, COSO, ISO, or others)
- Experience conducting risk assessments (e.g. COSO, SOX, etc.), analyzing risk, and forming risk mitigation strategies
- Experience with performing technical risk assessments, analyzing risk, and providing recommendations on risk mitigation strategies in cloud and on-premises environments
- Experience working and collaborating effectively with executives, subject matter experts, operational and process owners, and internal/external auditors to navigate risk management complexities
- Experience reviewing processes with the purpose of identifying risks, control gaps, automation and efficiency opportunities
- Experience analyzing data, preferably including data analytics reporting and visualization
- Experience managing projects or processes/programs
- Strong verbal and written communication skills
- Strong project management and organizational skills with demonstrated ability to complete assignments timely and effectively
- Providing insights and analysis to develop and continually innovate.
- Able to present complex information in a simple context, adapting style to suit the audience
- Accomplished in forging effective relationships with colleagues at all levels, skilled at influencing, negotiating and managing challenging conversations with ease
- Ability to possess an analytical mindset, striving for continuous improvement across relationships and process
- Ability to operate with a sense of credibility and gravitas, upholding HL values throughout
3. BS in Accounting with 6 years of experience
- Experience in managing teams working on Quality Assurance and or Report Applications and or Data Testing in Risk-reporting domains
- Experience in Quality Planning and Sampling, Data Quality and Validation in reporting, Quality Assurance, Report Application and Data Testing
- Experience in building Quality Assurance Standards and Reporting
- Experience in Testing Planning (requirements/procedures/cases), Test Case Execution and User Acceptance Testing (UAT)
- Experience in Automation of testing and Automated Regression testing
- Experience with BI tools such as SAS, Cognos, Tableau, Microstrategy, or SQL Server Reporting Services (Tableau preferred)
- Demonstrated strong analytical skills with high attention to detail and accuracy
- Excellent verbal, written, and listening communication skills.
- Experience, understanding, and knowledge of Enterprise Risk exposures within Wells Fargo including credit risk, market risk, or counterparty risk
- Experience with Power BI, SQL, Teradata and or Hadoop
- Regulatory or Risk reporting experience (Basel, BCBS 239, Federal Reserve, GandO high-risk reports)
- Experience researching and resolving data/application problems and working with technology teams on remediation of data/application issues
- Experience in risk management (includes compliance, operational risk, audit, legal, credit risk, market risk)
4. BS in Business Administration with 5 years of experience
- Significant experience in risk reporting including regulatory reporting such as the ORSA
- Fluent English, German
- Strong operational risk and controls background, gained either within a Risk Function or Internal Audit, combined with a solid understanding of (re)insurance business processes.
- Ability to analyze information and data from various information providers, identify issues and propose pragmatic solutions.
- Confidence to challenge the first line of defense.
- Ability to develop strong working relationships with senior stakeholders.
- Skilled at influencing and negotiating.
- Experience in presenting information to Boards and governance forums
- Experience working across an international community.
- Financial services industry and risk, governance, and compliance management experience.
- Exceptional writing skills to create documents and reports for presenting to an executive-level audience.
- Strong organizational skills and attention to detail in a rapidly changing environment.
- Excellent document editing and document presentation skills.
5. BS in Economics with 4 years of experience
- Advanced in Microsoft suite, including PowerPoint and Excel
- Experience with Operational Risk tools and risk management solutions
- Experience with GRC systems and tools (LogicGate)
- Experience with data analytics, and data visualization tools
- Excels at analysis, problem-solving and strategic alignment
- Strong interpersonal skills, including written and oral communication skills
- Ability to communicate effectively to all levels of the organization, including senior management
- Experience in Enterprise Risk Management, Operational Risk Management, Operations, Compliance, Auditing, Consulting or equivalent
- Experience in Enterprise Risk, Operational Risk Management, Third-Party Risk, Business Continuity and Disaster Recovery or financial services industries
- Expertise and knowledge of regulatory requirements regarding Risk Management for Financial Institutions, including experience working with regulators (SEC, FINRA, FCA, MAS)
- Knowledge of Broker-Dealers, Financial Holding Companies, Exchanges, and other types of financial institutions
- Knowledge of Best Practices across organizational departments (e.g. COSO, FFIEC, ISO, NIST, COBIT, etc)
6. BS in Actuarial Science with 7 years of experience
- Demonstrated experience in risk management for a business/enterprise, with emphasis on project management experience
- Ability to interact effectively with colleagues within and outside his/her immediate team, to implement project/business requirements
- Ability to use and adapt written and verbal communication skills to suit a variety of different audiences
- Ability to negotiate with and influence internal and/or external stakeholders in a way that generates business benefit whilst maintaining key relationships
- Well-developed self-management skills and demonstrated partnership abilities to mentor and assist project/business requirements
- Intermediate MS Office skills, especially in Word, Excel, and PowerPoint
- Ability to balance conflicting priorities to deliver against customer, project, and business requirements, with appropriate stakeholder management
- Degree holder with a minimum of 6 years of ERM and BCP experience
- Professional certification in Risk Management, Business Continuity, or similar certifications is highly desirable
- Resilient personality with an ability to adapt and work in an environment of change and ambiguity
- Proficient in the use of Microsoft Office (Excel, PowerPoint and Visio)
- Effective communication, influencing and presentation skills with experience in dealing with a variety of stakeholders and personalities
- Motivated individuals, results-driven meeting deadlines
7. BS in Data Analytics with 5 years of experience
- Experience in or working knowledge of key banking functions, operational processes, and internal control.
- Demonstrated ability to identify, develop and implement efficient and effective processes.
- Knowledge of information technology, particularly how systems and applications integrate with business processes and operations.
- Able to work independently and effectively multitask to manage and execute multiple complex projects within required timelines and expectations and amid a continuously changing environment.
- Strong written, verbal, presentation, and interpersonal skills to effectively communicate with, positively influence, and partner effectively with various groups or individuals within the Bank.
- Demonstrated critical thinking, sound judgment, and analytical skills.
- Energetic and positive with an inquisitive nature, resourceful and able to seek out information sources.
- Advanced PC/systems skills including proficiency with Microsoft Office tools.
- Experience working in a team and likes to be part of a close-knit, diverse and dynamic team
- Experience within Risk/Audit/Compliance roles and strong technical knowledge of risk and control framework
- Strong skills in planning, organization, and prioritization
- Understanding of FCA regulations and experience applying them in a practical capacity within a fast-growing organization
- Understanding of operational processes and controls environment needed for processes to operate effectively
- Experience implementing/maintaining frameworks, systems, and controls for Enterprise Risk
8. BA in Business Law with 4 years of experience
- Experience in the delivery and management of ERM/ORM programs
- Experience in risk management, audit, or compliance functions.
- Experience within a Management Consulting firm
- Proven track record in managing a small team of professionals
- Excellent verbal, written, and interpersonal communication skills
- Very good capability to communicate on a regular basis with the Senior Leadership Team, Board of Directors, and regulatory agencies
- Ability to reflect and summarize
- Excellent analytical and risk technical skills
- Ability to work with minimal guidance and make recommendations using professional judgment
- Significant knowledge and experience working in an Enterprise risk or Operational Risk Management role (minimum of 5 years)
- Strong role model, promoting a culture of continuous risk management improvement
- Experience working in a professional services firm