VP & Head of Operational Risk – Corporate & Investment Banking

28 سبتمبر، 2022

0 31 2 دقائق

الوصف الوظيفي

Company Description

Now it’s your time to join the #1 bank in the Middle East and one of the most prestigious financial companies in the region. Shaking up the world of banking requires a lot of smarts and skill. We’re looking for the brightest and best to help us reach our goals and we’ll also help you reach yours.

Your success is our success as you grow stronger in your career. Join us and leave a legacy o f your own, as a pioneer in both the company and the industry.

Job Description

Establishing, enhancing, embedding an effective ORM framework and monitoring the implementation by business groups (within UAE)
Assist businesses by challenging the self assessed risks & controls
Articulate the residual risks vis-à-vis the overall risk appetite & risk mitigation strategy of the group and offer risk advisory to business units.
Ensure timely completion of Risk & Control Self-Assessments (RCSA) & validation of control testing of the functions in the business group.
Assist the business functions within the group to set threshold levels for KRI and monitoring of KRI breaches & action plan implementation.
Review, analyze & validate root cause of reported incidents in ORM system & escalate to business heads, as necessary.
Prepare loss data trend analysis and monitoring of loss approvals as per DOA within the business group.
Assist in completion of Operational risk assessments for projects (ORAP) within the business groups, as necessary.
Assist business functions in day-to-day activities related to Operational Risk management and any other integration management activities.
Review and monitor action plans implementation as agreed by business groups
Conduct monthly portfolio reviews with business groups and highlight operational risk issues for timely actions.
Act as single point of contact for business groups on operational risk matters.
Undertake & engage in Adhoc assignments from line Management.

Qualifications

Graduate / Post-graduate / Management diploma in Business management
Minimum 12 years of hands on banking experience in at least two or three of the major functions – CIB / Global Markets, in Risk Management / Internal Controls / Operations / Retail & Private banking
Proven experience in project handling and management with impeccable track record
Deep understanding of banking products and risks involved
Experience in developing and implementing Operational Risk Management framework and Internal Controls
Relevant industry body certifications in Operational Risk, Anti-Fraud, InfoSec or BCM preferred
Sound relationship management and influencing skills
Strong analytical capabilities & problem solving
Proactive self starter & pragmatic solution driven expertise
Team player & attention to detail /accuracy.

Additional Information

The purpose of the role is to exercise framework monitoring and assurance on CCB & IB business lines across Head Office to mitigate Operational Risk exposure. The roles spans across FAB Group HO entities & Subsidiaries in UAE.
To maintain independency of risk in challenging the business on matters of divergent views.