Job Role
The job holder will be responsible for minimizing risk of loss by defining and ensuring compliance with the approved risk management framework and processes for identification, controlling, managing and reporting operational risk. He/she will support in the Implementation of strategies for identifying critical business processes and outsourcing strategies that takes into account the Bank’s operational risk profile.
Functions & Responsibilities
Carry out risk grading of branches and administer Control Risk Self-Assessment across units in the Bank
New product and process review and effect process reviews to reduce cost
Documentation of the occurrence of operational risk events in the Bank
Effect monthly and quarterly review of call-over exceptions.
Incident investigation of operational risk issues
Deploy initiatives to reduce incidence of income reversals in the Bank
Maintain and analyze internal and external loss database
Implementation of strategies for identifying critical business processes and recovery strategy for critical business processes
Implementation of detailed emergency response and operational activities
Pro-actively identify and develop continuous improvement opportunities
Rollout of recovery and crisis management plans
Implement techniques & methods of training, testing & maintaining business recovery plans
Participate in other responsibilities assigned by the Unit Head
Requirements
Required Knowledge, Skills & Abilities
Knowledge of operational risk best practices
Advanced knowledge of operational risk measurement methodologies
Banking Operations (Domestic & International Operations)
Credit Analysis / Appraisal
Environmental / Industry Analysis
Investment / Portfolio Management
Assets & Liabilities Management
Financial analysis / interpretation
TQM
Documentation
Qualification
A Bachelor’s degree in Economics or Social Sciences from a reputable and recognized University.
Professional Membership
Recognized professional certification such as CPA, IT Certifications etc.
Experience
Minimum of 2 years post qualification experience in risk management within the Financial Services Industry
Apply via :
apply.workable.com
