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Risk Management Specialist
2 months ago
POSITION SUMMARY
The Risk Management Specialist will play a crucial role in identifying, evaluating, and addressing risks associated with property management operations. This position entails formulating and executing risk management strategies, ensuring adherence to applicable regulations, and protecting the organization's assets and reputation.
At Elmington, we operate multiple locations and diverse business lines, each functioning as a distinct entity. You will be expected to optimize our financial performance and operational efficiency. This role comes with high expectations, and we seek individuals who can contribute significantly to our multi-million dollar enterprise. We encourage you to Forget The Ordinary & Think Like an Owner every single day.
To thrive as an Elmington team member, you should:
- Exhibit a positive attitude
- Maintain high standards
- Think creatively and innovatively
- Demonstrate passion in your work
- Possess a relentless work ethic
- Show confidence in your abilities
- Be self-reliant and driven
- Take pride in your contributions
- Be an attentive listener
- Provide solutions to challenges
- Go the extra mile for those you support
KEY RESPONSIBILITIES:
- Conduct thorough risk assessments to pinpoint potential threats to the company's properties, operations, and financial health.
- Formulate and enforce risk management policies and procedures to mitigate identified risks and ensure compliance with legal and regulatory standards.
- Manage and oversee insurance claims related to property damage, liability, and other risks, collaborating closely with insurance providers for effective resolution.
- Ensure compliance with local, state, and federal regulations in all property management activities, staying informed on industry standards.
- Investigate incidents and accidents on company properties, analyze root causes, and recommend corrective measures to prevent future occurrences.
- Design and deliver risk management training programs for staff and property managers to enhance awareness and adherence to best practices.
- Prepare and present comprehensive risk management reports to senior leadership, including risk assessments, mitigation strategies, and incident analyses.
- Evaluate and manage third-party vendors to ensure compliance with risk management standards and policies.
- Develop and maintain a crisis management plan to address potential emergencies or unforeseen events impacting properties and operations.
QUALIFICATIONS:
- Bachelor's degree in Risk Management, Business Administration, Finance, or a related discipline. A Master's degree or professional certification (e.g., Certified Risk Manager (CRM), Associate in Risk Management (ARM)) is advantageous.
- A minimum of 5 years of experience in risk management, preferably within the property management or real estate sector.
- Strong analytical and problem-solving capabilities.
- Excellent communication and interpersonal skills.
- Proficiency in risk management software and tools.
- Understanding of property management operations and associated regulations.
- Relevant risk management certifications are preferred but not mandatory.
WORK ENVIRONMENT AND PHYSICAL DEMANDS:
- Regularly required to sit, stand, and walk
- Frequently required to communicate verbally
- Occasionally required to lift and/or move up to 25 pounds
- Vision abilities to include close vision, distance vision, and the ability to adjust focus
- The noise level in the work environment is typically moderate
- Ability to withstand seasonal outdoor temperatures is necessary
TRAVEL REQUIREMENTS:
No travel is required for this position.
About Elmington:
At Elmington, we are committed to creating a unique corporate culture. We promise to never be ordinary, as reflected in this job description. Expect challenges that will push you beyond your limits. You will be encouraged by your team leader and peers to achieve more and discover innovative solutions. While Elmington may not be the right fit for everyone, if you believe in your potential, embrace challenges, and enjoy collaborating with exceptional individuals, Elmington could be your ideal workplace.
The company is dedicated to recruiting, hiring, training, promoting, and compensating employees based on work quality, behavior, training, and experience. In compliance with local, state, and federal laws, we provide equal employment opportunities regardless of race, color, creed, national origin, protected age category, gender, sexual orientation, religion, marital status, military status, or physical or mental disability of any qualified individual.
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