Risk Management Officer

The Risk Management Officer supports the Director of Internal Audit, Risk Management, and Quality Assurance in establishing and maintaining an effective institutional risk management framework.

The officer identifies, assesses, and monitors risks that could affect San Institute’s strategic, financial, academic, and operational objectives.

Through proactive analysis and mitigation planning, the role helps safeguard the Institute’s assets, reputation, and long-term sustainability.

Roles and Responsibilities of the Risk Management Officer

1. Institutional Risk Management Framework

• Assist in developing, implementing, and maintaining a comprehensive institutional risk management policy.
• Coordinate the preparation and periodic review of the Institute’s Risk Management Framework.
• Establish clear risk management processes and ensure integration across departments.
• Promote a culture of proactive risk awareness and control throughout the Institute.

2. Risk Identification and Assessment

• Identify potential risks (strategic, financial, operational, reputational, technological, and compliance-related).
• Conduct regular risk assessments and maintain an updated institutional risk register.
• Analyze the likelihood and potential impact of each identified risk.
• Prioritize risks based on their severity and recommend mitigation strategies.

3. Risk Mitigation and Monitoring

• Develop and implement appropriate risk mitigation measures in collaboration with relevant departments.
• Track implementation of risk treatment plans and evaluate their effectiveness.
• Monitor changes in the internal and external environment that may introduce new risks.
• Coordinate responses to incidents and emergencies that could disrupt institutional operations.

4. Business Continuity and Crisis Management

• Support the development and maintenance of the Institute’s Business Continuity and Disaster Recovery Plans.
• Conduct simulations or drills to test institutional preparedness and responsiveness.
• Maintain updated contact and response protocols for crisis management teams.
• Ensure lessons learned from incidents are documented and used to improve future preparedness.

5. Reporting and Communication

• Prepare periodic risk management reports for the Director and Principal.
• Present key risk trends, emerging threats, and recommended actions to management committees.
• Maintain accurate records of risk events, assessments, and mitigations.
• Communicate risk management findings and awareness materials to relevant staff.

6. Training and Capacity Building

• Conduct training sessions and workshops on risk identification, assessment, and response.
• Build staff capacity to understand their roles in institutional risk management.
• Provide guidance to departments on embedding risk management into planning and decision-making.

7. Coordination and Collaboration

• Work closely with the Internal Auditor and Quality Assurance Officer to align risk, audit, and quality functions.
• Collaborate with Deans, Heads of Department, and Administrative Units to ensure risks are adequately managed.
• Liaise with external regulators, insurance providers, and emergency response partners as needed.

8. Policy Review and Compliance

• Participate in reviewing and updating institutional policies and procedures to ensure they reflect current risks.
• Monitor compliance with internal controls and regulatory requirements.
• Ensure risk management activities support institutional governance and decision-making processes.

In performing these duties, the Risk Management Officer helps San Institute anticipate and respond to challenges effectively. The position strengthens resilience, supports informed decision-making, and ensures the Institute operates securely and sustainably in pursuit of its Vision and Mission of excellence, innovation, and integrity.