VP- Operational Risk

28 سبتمبر، 2022

0 4 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 of your own, as a pioneer in both the company and the industry.

Job Description

Key Roles & Responsibilities:-

Establishing, enhancing, embedding an effective ORM framework and monitoring the implementation within relevant business group.
Should be capable of challenging the business on various risks & controls with sound knowledge on the line function of the portfolio that are assigned to the individual
Articulate the residual risks vis-à-vis the overall risk appetite & risk mitigation strategy of the group and offer risk advisory to the front end 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 and analyze the root cause of reported incidents in ORM system & escalate to Head of Operational Risk as and when necessary.
Prepare loss data trend analysis and monitoring of loss approvals as per DOA in within the business group.
Review of process flows / procedures / vendor arrangements / outsourcing contracts / Product if any within the group to highlight control gaps from operational risk perspective
To facilitate Operational risk assessments for projects (ORAP) within the business group as and when necessary
Assist business functions within the group in day-to-day activities related to Operational Risk management and any other integration management activities.
Review and monitor action plans agreed within the business group
Prepare & assist in monthly dashboards & other relevant reports
Undertake adhoc assignments from Head of Operational Risk Management.

Qualifications

Graduate / Post-graduate / Management diploma in Business management
Minimum 10-12 years of hands on banking experience in any one of the major functions – large scale banking operations – Trade / Card / Retail / Corporate Operations, Credit & CAD, Human Resources, logistics & administration services in Risk Management / Internal Controls / Operations
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

Effectively manage Operational Risks in “Function Name” on their day-to day activities and ensure timely escalation of issues to enable business units function efficiently.
Individually contribute (IC) to the team in managing the assigned functions.
Maintain independency of risk in challenging the business on matters of divergent views.