Wayssen
Operational Risk Officer
This listings application deadline has expired so it is probably out of date
Position: Operational Risk Officer
Division: Risk Management
Department: Risk Management
Reporting Relationships:
Functionally reports to the Country Chief Risk Officer
Administratively reports to the Country Chief Risk Officer
Supervises:
None
Job Duties & Responsibilities:
Develop structures/framework for the population of losses/loss events
Establishment of structures for the risk-based grading of Branches, SBUs and SRFs which shall inform the deployment of resources, frequency of audit visits, and the deployment of internal control personnel and determination of manning levels
Develop a timetable for the administration of control and risk self-assessment questionnaire to the processes owners for the monitoring of compliance with the established controls and policies
Presentation of risk based reports on various products, processes, activities, systems and external events to management
Coordination of operational risk management activities in the Bank to ensure that the Bank achieves its objectives of meeting Basel II requirements for internationally active banks
Develop a structure for the establishment of risk appetite for the Bank, setting of risk tolerance limits and key risk indicators
Establishment of processes for the validation of processes mapped including the identification, severity assessment, frequency of occurrence and controls documented
Supervise the activities of operational risk monitoring and reporting team, loss databases management and reporting team, operational risk identification and assessment control, operational risk management coordination- branches
Coordinates and monitor Market Risk activities in the Bank to ensure that the Bank does not operate at risk or face any loss while performing in Money Market and Financial Instruments
Develop a timetable for the administration of control and risk self-assessment questionnaire
Key Performance Indicators:
Timely reporting of losses to management and presentation of monthly report to management
ĝExternal risk identification/ loss validation and presentation of learning points
Development of control and risk self-assessment questions
Quarterly presentation of Key Risk Indicators (KRIS) reports for various products, processes, activities, systems and external events to stakeholders and management
Risk identification and control in new products, services and processes before such are deployed Bank-wide
Development of risk and control based procedure and desk manuals for the mapped processes
Skills:
Professional disposition
Strategy formulation and business awareness
Creativity and Innovation
Resource Management
Diversity management interrogatory skills
Fraud detection and control
Internal audit practice
Comprehensive Banking Operations (domestic and foreign) skills
Job Requirements & Knowledge:
Core business processes
Industry knowledge
Banking operations
Business Risk Management
Credit Analysis
Interested candidates should send their CVs