What does a head of operational risk management do?

A Head of Operational Risk Management oversees the identification, assessment, and mitigation of operational risks within an organization. They develop risk management strategies, implement policies, and ensure compliance with regulatory requirements. This role involves collaborating with various departments to monitor risk exposure and respond to incidents. Their goal is to minimize losses and protect the organization’s assets and reputation. They also play a key role in fostering a risk-aware culture throughout the company.