What are the responsibilities and job description for the Risk Management Associate position at Global Integrity Realty Corporation?
The Risk Management Associate plays a pivotal role in identifying, analyzing, and mitigating risks associated with investment and property management operations in the multi-family real estate sector. This position requires a detail-oriented professional with a strong understanding of risk management principles, insurance policies, regulatory compliance, and operational risk within the real estate industry.
Key Responsibilities:
Risk Assessment and Mitigation:
- Conduct regular risk assessments across properties and investment portfolios to identify potential operational, financial, and compliance risks.
- Develop and implement strategies to minimize risks and ensure alignment with company goals.
- Collaborate with property managers to mitigate property-specific risks, such as tenant safety and building compliance.
Insurance Management:
- Assist in the review, selection, and management of insurance policies, including property, liability, and workers' compensation.
- Track insurance claims, coordinate with insurance providers, and maintain comprehensive records.
- Ensure all properties maintain adequate and appropriate coverage.
- Compliance and Regulatory Oversight:
- Monitor compliance with federal, state, and local laws, including fair housing regulations, environmental standards, and building codes.
- Stay updated on industry regulations and best practices to advise the company on necessary adjustments.
Data Analysis and Reporting:
- Analyze incident reports and insurance claim data to identify trends and recommend preventive measures.
- Prepare and present detailed risk analysis reports to management.
- Stakeholder Collaboration:
- Partner with cross-functional teams, including finance, operations, and legal, to ensure seamless risk management processes.
- Educate employees and stakeholders about risk awareness and mitigation strategies.
Qualifications:
Education:
- Bachelor’s degree in Risk Management, Business Administration, Finance, or a related field.
Experience:
- 2-4 years of experience in risk management, preferably within the real estate or investment sectors.
- Familiarity with multi-family property management is highly preferred.
Skills:
- Strong analytical and problem-solving abilities.
- Proficiency in risk assessment tools and software.
- Excellent organizational and multitasking skills.
- Effective written and verbal communication skills.
- Knowledge of insurance policies and claims processes.
- Familiarity with real estate compliance and regulatory requirements.
**Salary Disclaimer:
In accordance with the California Pay Transparency Act, we are committed to providing transparency regarding compensation for the position listed. The salary ranges specified are based on relevant experience, skills, and qualifications. It is important to note that the actual salary offered may vary and will be determined based on various factors, including but not limited to the candidate's experience, education, and overall fit for the role.
Salary : $75,000
