About The Role

Job Purpose

To support the effective implementation of the Operational Risk Management framework by reviewing, monitoring, and challenging risk assessments, risk registers, and control effectiveness across the organization. The role is responsible for identifying and assessing key risk exposures, supporting risk mitigation activities, facilitating risk reporting, it also provides independent oversight, and collaborates with stakeholders to strengthen the overall risk and control environment while promoting proactive risk management practices

Job Responsibilities

Review, monitor, and challenge Risk Registers and Risk & Control Self-Assessments (RCSA) to ensure accurate risk identification and assessment.
Facilitate the monitoring and reporting of key risk exposures and emerging risks through effective risk indicators and control assessments.
Assist and monitor Risk Acceptance Requests (RARs) to ensure appropriate risk assessments, approvals, action plans, and timely closure.
Build and maintain strong working relationships with stakeholders across business and support functions.
Conduct periodic reviews of risk registers to ensure quality, completeness, and accuracy.
Assist in risk assessments, gap analyses, and thematic reviews to identify areas for improvement.
Support and manage operational risk-related projects and initiatives as assigned.
Analyze operational risk metrics and reports to provide independent risk insights and challenge risk-related decisions where necessary.
Review and monitor Operational Risk Events to ensure accurate classification, loss reporting, root cause analysis, and action plan management.
Review and challenge Key Risk Indicators (KRIs) to ensure effectiveness in monitoring and managing key risks.
Prepare and present operational risk reporting, dashboards, and committee reports to management and governance forums.
Provide ongoing risk advisory support to business units and stakeholders to strengthen the risk and control environment.
Familiarity with the banking industry regulatory and risk management requirements
Knowledge of common risk management framework and methodologies.
Demonstrated analytical and problem-solving skills.
Team-oriented and excels working in a collaborative environment
Proficient written and verbal communication skills with an ability to communicate effectively across peers and partners
Ability self-prioritizes workload and coordinates with teammates and to ensure that deadlines are met
Expert proficiency with all Microsoft products (Excel, Word, PowerPoint, Visio, and Project)

Knowledge and Experience

Familiarity with the banking industry regulatory and risk management requirements
Knowledge of common risk management framework and methodologies.
Demonstrated analytical and problem-solving skills.
Team-oriented and excels working in a collaborative environment
Proficient written and verbal communication skills with an ability to communicate effectively across peers and partners
Ability self-prioritizes workload and coordinates with teammates and to ensure that deadlines are met
Expert proficiency with all Microsoft products (Excel, Word, PowerPoint, Visio, and Project)
Review and challenge risk assessments, risk registers, and control effectiveness across the bank.
Identify and assess key risk exposures, ensuring a comprehensive understanding of potential risks.
Support risk mitigation activities by providing insights and recommendations to relevant teams.
Facilitate risk reporting processes, ensuring accurate and timely communication of risk-related information.
Provide independent oversight and challenge existing risk management practices to enhance overall effectiveness.
Collaborate with stakeholders, including business units, compliance, and audit teams, to strengthen the risk and control environment.
Promote a proactive risk management culture by educating and engaging with employees on risk-related matters.
Stay updated with industry trends, regulatory requirements, and best practices in operational risk management.
Conduct periodic risk assessments and control testing to identify gaps and areas for improvement.
Prepare and present risk-related reports and insights to senior management and relevant committees.
Bachelor's degree in Finance, Business Administration, or a related field.
Minimum 5 years of experience in operational risk management or a related field.
Strong knowledge of risk management frameworks, methodologies, and best practices.
Excellent analytical and critical thinking skills, with the ability to identify and assess risks.
Proficiency in risk assessment tools and techniques, including risk registers and control frameworks.
Experience in collaborating with diverse teams and stakeholders to drive risk management initiatives.
Effective communication and presentation skills, with the ability to convey complex risk information clearly.
Ability to work independently and manage multiple tasks in a fast-paced environment.
Strong attention to detail and a commitment to maintaining the highest standards of risk management.
Willingness to stay updated with industry developments and regulatory changes.