A Risk Manager is responsible for identifying, assessing, and prioritising risks that could affect an organisation. This includes financial, operational, legal, and reputational risks. Risk Managers develop strategies and policies to minimise the impact of these risks, and often work closely with senior management to ensure the organisation remains compliant with regulations. Day-to-day tasks may include carrying out risk assessments, analysing data, creating risk reports, and advising on risk avoidance or reduction. The role requires strong analytical skills, attention to detail, and the ability to communicate complex issues clearly. Risk Managers are crucial in helping organisations make informed decisions and maintain stability, especially in industries like finance and insurance.
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