JOB OBJECTIVES
RISK MONITORING – RISK IDENTIFICATION & ASSESSMENT
This role focuses on the continuous surveillance and evaluation of operational risks to proactively detect potential vulnerabilities within the organization’s processes, systems, and controls. The position involves systematically identifying emerging threats, assessing their potential impact, and determining the likelihood of occurrence to inform strategic decision-making. Responsibilities include conducting comprehensive risk assessments, documenting findings, and recommending mitigation measures to strengthen the organization’s risk management framework. Strong analytical skills, attention to detail, and a solid understanding of risk assessment methodologies are essential for success in this role.
To oversee the Control Self-Assessment (ROSA) initiatives of the Bank in alignment with the annual operational plan, ensuring the identification of inherent risks across products, processes, services, and systems. Additionally, evaluate the efficacy of current controls and control environments, pinpoint control deficiencies, and support the implementation of enhanced controls to address failed or inadequate controls.
Develop and oversee a comprehensive database dedicated to risk mitigation and corrective actions for the Bank, ensuring systematic tracking and management of all relevant measures.
The position involves monitoring and documenting unresolved Risk Mitigating Action Plans, ensuring accurate and timely reporting. Responsibilities include overseeing the status of mitigation actions, identifying gaps or delays, and preparing detailed reports for stakeholders. The role requires meticulous attention to detail, strong analytical skills, and proficiency in risk management frameworks. Additionally, the candidate must effectively communicate findings and recommendations to relevant parties to facilitate informed decision-making.
Develop and sustain a comprehensive library of Business Environment Internal Control Factors (Beings) to ensure robust governance and compliance standards are consistently met across the organization.
Responsible for overseeing the identification, assessment, and mitigation of operational risks to safeguard organizational integrity, operational efficiency, and financial stability. Duties include developing and implementing risk management frameworks, conducting comprehensive risk evaluations, and ensuring compliance with regulatory standards and internal policies. Requires expertise in risk assessment methodologies, strong analytical skills, and the ability to collaborate with cross-functional teams to address potential vulnerabilities and enhance operational resilience. Proficiency in risk measurement tools, regulatory frameworks, and industry best practices is essential.
Monitor the Bank’s risk profile by tracking fluctuations in Key Risk Indicators (Kris) and promptly escalate any instances where risks exceed established risk appetite or tolerance thresholds to the appropriate stakeholders.
Develop and maintain a comprehensive risk register for the Bank, ensuring thorough documentation and up-to-date tracking of all identified risks.
We are seeking a meticulous professional to oversee the accurate and timely documentation of loss events. The incumbent will be responsible for compiling detailed reports on losses, ensuring all pertinent information is captured, and maintaining comprehensive records for analysis and review. This role requires strong attention to detail, proficiency in data management, and the ability to communicate findings effectively to stakeholders. The ideal candidate will have prior experience in loss reporting, a solid understanding of regulatory compliance, and the capacity to work efficiently under tight deadlines.
Responsible for establishing and sustaining precise and resilient loss databases within the Bank, ensuring strict adherence to the Basel II Accord mandates and compliance with regulatory standards.
Financial institutions are tasked with calculating operational risk capital to ensure adequate financial resilience against potential operational risk exposures. This process involves assessing, quantifying, and managing risks stemming from internal processes, systems, human errors, or external events that may disrupt operations. The calculation methodology may incorporate advanced statistical models, historical loss data, and scenario analyses to estimate potential losses. Institutions must adhere to regulatory guidelines, such as Basel III standards, to maintain compliance and transparency in their risk management frameworks. Additionally, the role requires collaboration between risk management teams, senior leadership, and external auditors to validate methodologies and ensure accurate capital allocation.
Loss Reporting training interventions encompass a comprehensive suite of educational programs designed to enhance employees’ proficiency in accurately documenting, analyzing, and reporting financial losses. These initiatives aim to ensure compliance with regulatory standards, mitigate operational risks, and foster a culture of transparency and accountability within the organization. Participants will develop expertise in identifying loss events, assessing their impact, and implementing corrective measures to prevent recurrence. The training emphasizes practical application through case studies, interactive exercises, and real-world simulations to reinforce learning outcomes. Additionally, it covers the latest industry best practices, technological tools, and reporting frameworks to equip employees with the skills necessary to uphold organizational integrity and financial resilience.
Develop comprehensive policies and frameworks to establish structured guidelines and operational standards within the organization.
The role involves implementing and upholding established principles and standards to synchronize diverse actions, processes, systems, and activities, thereby driving the Bank’s strategic goals and objectives in a streamlined and high-performing manner.
Conduct comprehensive bank-wide policy reviews in accordance with prescribed timelines to ensure compliance and operational efficiency.
We are seeking a dedicated professional to lead the Policy Appreciation Program (PAP), designed to ensure every employee aligns with the Bank’s established policies. This role involves fostering a deep understanding and adherence to organizational policies across all levels of the workforce.
Business Continuity, Crisis Management, and Incident Reporting & Management professionals play a pivotal role in safeguarding organizational resilience. These specialists develop and implement strategies to ensure uninterrupted operations during disruptions, mitigate risks, and lead coordinated responses to critical incidents. Their responsibilities include designing robust contingency plans, conducting thorough risk assessments, and maintaining clear communication channels to stakeholders. Additionally, they oversee the documentation of incidents, analyze root causes, and recommend corrective actions to prevent recurrence. Strong analytical skills, meticulous attention to detail, and the ability to thrive under pressure are essential for success in this field.
Facilitate and lead the collaborative development of comprehensive business continuity plans for each work area and business function, while also overseeing the annual testing procedures across all business units.
Manage and oversee business continuity management processes and maintain associated documentation.
Develop strategies to enhance incident reporting awareness while conducting regular trend analyses for management review.
We are seeking a highly motivated individual to join our team in the capacity of [Job Title]. The ideal candidate must hold a Bachelor’s degree in [Field] or a related discipline, complemented by a minimum of [X] years of relevant experience in [Industry/Field]. Proficiency in [Software/Tool] and a strong understanding of [Relevant Skill/Concept] are essential. Additionally, the candidate should demonstrate exceptional problem-solving abilities, effective communication skills, and the capacity to work collaboratively in a fast-paced environment. Responsibilities include [List Key Responsibilities], with a focus on delivering high-quality results and maintaining a customer-centric approach. The candidate must be adept at [Specific Task or Duty] and possess the ability to [Relevant Skill or Requirement]. Prior experience in [Industry/Field] is preferred, along with a proven track record in [Specific Achievement or Outcome].
Holders of a university undergraduate degree in a business-related discipline—such as an MBA, M.Sc., MA, ML, or recognized professional qualifications—are required for this position.
1–3 years of hands-on experience in the banking sector is required.
Qualifications
BA/BSc/HND , MBA/MSc/MA
Experience Required
1 - 3 years
