What does a head of operational risk do?
Career: Head Of Operational Risk
A Head of Operational Risk is responsible for identifying, assessing, and mitigating risks that could impact an organization's day-to-day operations. They develop risk management strategies, implement policies, and ensure compliance with regulatory requirements. This role often involves overseeing risk assessments, collaborating with various departments, and reporting to senior management or the board. Their main goal is to minimize losses and enhance the organization's resilience against operational threats.