What Do Risk Control Officers Do?
Risk control officers are specialists who implement strategies and techniques to minimize a company's losses in the fields of business, investments, and insurance. This vital role allows businesses and entire industries to maintain and increase profitability, as well as identify areas of current and future risk in order to prevent and overcome these issues.
On a daily basis, risk control officers research potential problems and their potential solutions and provide recommendations to reduce or…Read more
- Work with credit officers to obtain approval for further processing of at-risk transactions.
- Review bank's risk queue for limit breaches and other bank filtering processes and w.
- Responsible for production and distribution of daily risk reports.