Risk Officer

Role Overview

The Risk Officer is responsible for identifying, assessing, and mitigating risks across IT and business operations. This role ensures compliance with regulatory and security standards while developing and implementing risk management frameworks. The Risk Officer collaborates with leadership, oversees audits, and enforces policies to protect the organization from operational, financial, cybersecurity, and compliance risks.

Key Responsibilities

Risk Assessment & Mitigation

• Develop and implement risk management frameworks to identify and mitigate IT and business risks.
• Monitor and evaluate security, operational, and compliance risks, recommending appropriate mitigation strategies.
• Conduct risk assessments for new technologies, processes, and business initiatives.

Regulatory Compliance

• Ensure adherence to industry regulations such as HIPAA, SOC 2, and other applicable compliance standards.
• Monitor changes in regulatory requirements and adjust risk strategies accordingly.
• Collaborate with legal and compliance teams to address emerging risks.

Audit & Reporting

• Oversee internal and external risk audits, ensuring all findings are addressed promptly.
• Develop and present risk reports to senior leadership, highlighting key risk areas and mitigation strategies.
• Establish policies and controls to continuously monitor risk exposure and business continuity.

Cybersecurity & Data Protection

• Work with IT and cybersecurity teams to ensure the organization’s data, applications, and systems are protected against threats.
• Evaluate cybersecurity measures, incident response plans, and disaster recovery strategies.
• Enforce security policies to minimize vulnerabilities and mitigate potential threats.

Qualifications

• Proven experience as a Risk Officer, Compliance Officer, or similar role in IT or business operations.
• Strong knowledge of risk management, cybersecurity, and regulatory compliance frameworks.
• Experience conducting risk assessments, managing audits, and developing mitigation plans.
• Bachelor’s degree in Risk Management, Information Security, Business Administration, or a related field.

Key Competencies

• Analytical Thinking: Ability to assess complex risk factors and recommend strategic solutions.
• Regulatory Knowledge: Strong understanding of compliance requirements in healthcare and IT.
• Problem-Solving: Expertise in developing proactive risk mitigation strategies.
• Communication: Skilled at translating technical risk findings into actionable business insights.
• Security Focus: Strong knowledge of cybersecurity best practices and compliance requirements.

For more information, please contact James Barrett.