Introduce to the team and organisation's hierarchy
2
Provide the job description and expectations
3
Initiate introduction to company's culture and values
4
Begin software and tools training
5
Enroll for relevant regulatory and compliance courses
6
Explain the company's risk management policies and procedures
7
Approval: Manager on course and tools training completion
8
Provide an overview of specific risk models used by the organization
9
Assign first assignment to understand their approach towards risk management
10
Review assignment and provide constructive feedback
11
Introduce to ongoing projects and their risk management strategies
12
Approval: Project manager on understanding of projects
13
Arrange meetings with key stakeholders
14
Provide access to necessary financial statements and documents
15
Introduction to risk management reporting requirements
16
Shadow a senior financial risk manager
17
Approval: Senior Financial Risk Manager on risk management approach
18
Create and review a risk evaluation report
19
Approval: Compliance Officer on risk evaluation report
20
Prepare a plan for the coming week
Introduce to the team and organisation's hierarchy
In this task, you will introduce the new Financial Risk Manager to the team members and provide an overview of the organization's hierarchy. The goal is to familiarize them with the key stakeholders and their roles. This will help them understand the reporting structure and establish relationships for collaboration. Do you have any previous experience working in a hierarchical organization? Share your thoughts and any challenges you foresee.
1
John Smith
2
Jane Doe
3
David Johnson
Provide the job description and expectations
In this task, you will provide the new Financial Risk Manager with the job description and expectations. This will help them understand their role, responsibilities, and the skills required to excel in their position. What previous experience do you have in financial risk management? Are there any specific expectations you have in terms of performance?
Initiate introduction to company's culture and values
In this task, you will introduce the new Financial Risk Manager to the company's culture and values. This includes the organization's mission, vision, and core values. Understanding the company's culture is important for aligning goals and making decisions that support the overall objectives. Share your thoughts on the importance of company culture and how it influences your work.
Begin software and tools training
In this task, you will begin the software and tools training for the new Financial Risk Manager. This will include familiarizing them with the software and tools used for risk management, such as financial modeling software, data analysis tools, and risk assessment platforms. Are you familiar with any risk management software or tools? How comfortable are you with learning new software?
1
Beginner
2
Intermediate
3
Advanced
Enroll for relevant regulatory and compliance courses
In this task, you will guide the new Financial Risk Manager to enroll in relevant regulatory and compliance courses. These courses are essential for staying up to date with industry regulations and best practices. Are there any specific regulatory or compliance courses you are interested in? How do you plan to incorporate the knowledge gained from these courses into your risk management strategies?
1
Risk and Compliance
2
Financial Regulations
3
Data Protection
4
Ethics in Finance
5
Anti-Money Laundering
Explain the company's risk management policies and procedures
In this task, you will explain the company's risk management policies and procedures to the new Financial Risk Manager. This includes the framework for identifying, assessing, and mitigating risks, as well as the reporting and escalation processes. Are you familiar with any risk management frameworks or methodologies? How do you plan to apply the company's risk management policies in your day-to-day work?
Approval: Manager on course and tools training completion
Will be submitted for approval:
Begin software and tools training
Will be submitted
Provide an overview of specific risk models used by the organization
In this task, you will provide an overview of the specific risk models used by the organization to the new Financial Risk Manager. These risk models are used for quantifying and analyzing risks in various financial scenarios. Are you familiar with any risk modeling techniques or tools? How comfortable are you with using statistical models for risk analysis?
Assign first assignment to understand their approach towards risk management
In this task, you will assign the new Financial Risk Manager their first assignment to understand their approach towards risk management. The assignment will involve analyzing a specific financial scenario and recommending risk mitigation strategies. How do you usually approach risk management? Are there any specific frameworks or methodologies you prefer?
Review assignment and provide constructive feedback
In this task, you will review the assignment submitted by the new Financial Risk Manager and provide constructive feedback. The feedback will help them improve their risk management skills and align their approach with the organization's goals. How do you handle feedback? What steps do you take to incorporate feedback into your work?
Introduce to ongoing projects and their risk management strategies
In this task, you will introduce the new Financial Risk Manager to the ongoing projects and their associated risk management strategies. This will provide them with insights into the current risk landscape and how the organization mitigates risks in different projects. How important do you think project-specific risk management is? How would you prioritize risks in a project with multiple stakeholders?
1
Project A
2
Project B
3
Project C
4
Project D
5
Project E
Approval: Project manager on understanding of projects
Will be submitted for approval:
Introduce to ongoing projects and their risk management strategies
Will be submitted
Arrange meetings with key stakeholders
In this task, you will arrange meetings with key stakeholders for the new Financial Risk Manager. These meetings are important for building relationships, understanding stakeholder expectations, and aligning risk management strategies. How do you generally approach stakeholder management? What steps do you take to ensure effective communication with stakeholders?
Provide access to necessary financial statements and documents
In this task, you will provide the new Financial Risk Manager with access to necessary financial statements and documents. These documents are essential for conducting risk assessments, analyzing financial data, and making informed decisions. Do you have any experience in analyzing financial statements? How comfortable are you with interpreting financial data?
Introduction to risk management reporting requirements
In this task, you will introduce the new Financial Risk Manager to the risk management reporting requirements. This includes the frequency, format, and stakeholders involved in the reporting process. Are you familiar with any risk management reporting frameworks or tools? How do you ensure accuracy and timeliness in your risk management reporting?
Shadow a senior financial risk manager
In this task, you will shadow a senior financial risk manager to gain insights into their day-to-day activities and decision-making processes. This will help you understand the practical aspects of risk management and learn from their experience. How do you usually approach learning from others? What steps do you take to apply the lessons learned in your own work?
Approval: Senior Financial Risk Manager on risk management approach
Will be submitted for approval:
Shadow a senior financial risk manager
Will be submitted
Create and review a risk evaluation report
In this task, you will create and review a risk evaluation report based on a specific financial scenario. The report will assess the potential risks involved, their impact on the organization, and recommend risk mitigation strategies. Have you created risk evaluation reports in the past? How do you ensure the accuracy and clarity of your reports?
Approval: Compliance Officer on risk evaluation report
Will be submitted for approval:
Create and review a risk evaluation report
Will be submitted
Prepare a plan for the coming week
In this task, you will prepare a plan for the coming week as a Financial Risk Manager. This plan will outline the priorities, tasks, and goals for the upcoming week, considering ongoing projects and organizational objectives. How do you usually plan your work? What strategies do you use to stay organized and meet deadlines?