Operational Risk Manager
Salary undisclosed
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The Operational Risk Manager is responsible for the day-to-day oversight and reporting of actual risks against established/approved limits and non-compliance to internal and external regulations. He/she shall assist the Operational Risk Management Team Head in identifying, monitoring, controlling and measuring risks in the operations of branches and head office units.
Responsibilities
- Implement the Bank's operational risk assessment methodology, tools and risk reporting system.
- Monitor and report deviations/excesses against established internal and external limits (e.g. approval limits, exception reports, security breaches).
- Assist in identifying risk areas by performing walkthroughs of existing processes.
- Assist in validating items reported in the monthly Operational Losses and Key Risk Indicators Report (OLKRIR).
- Coordinates the risk management process and internal control activities with the business line. § Assist in the development and maintenance of risk management policies.
- Assist the ORM Team Head in conducting the RCSA exercise for covered head office and branch units in order to identify inherent risks, assess residual risks and control effectiveness, and monitor corrective action plans.
- Assist the ORM Team Head in the development of the KRIs and thresholds with the concerned units, and monitoring of risk mitigation, escalation and management action.
- Act as the Internal Operational Loss Database (IOLD) Custodian for the Bank. Collect/log and analyze operational risk events in the IOLD. Determine loss amounts and loss event classifications, and monitor corrective action plans.
- Monitor/track status policies and procedures endorsed by the business units’ ERMG assessment.
Qualifications
- Graduate of any business-related course
- Relevant certifications is a plus (CRA, CRM, etc)
- Around 3 years of cumulative experience in operational risk management, audit and compliance, operations, etc.
- Proficient in MS Office applications
- Excellent written and oral communication skills
- Strong analytical thinking, critical thinking, and problem-solving skills
The Operational Risk Manager is responsible for the day-to-day oversight and reporting of actual risks against established/approved limits and non-compliance to internal and external regulations. He/she shall assist the Operational Risk Management Team Head in identifying, monitoring, controlling and measuring risks in the operations of branches and head office units.
Responsibilities
- Implement the Bank's operational risk assessment methodology, tools and risk reporting system.
- Monitor and report deviations/excesses against established internal and external limits (e.g. approval limits, exception reports, security breaches).
- Assist in identifying risk areas by performing walkthroughs of existing processes.
- Assist in validating items reported in the monthly Operational Losses and Key Risk Indicators Report (OLKRIR).
- Coordinates the risk management process and internal control activities with the business line. § Assist in the development and maintenance of risk management policies.
- Assist the ORM Team Head in conducting the RCSA exercise for covered head office and branch units in order to identify inherent risks, assess residual risks and control effectiveness, and monitor corrective action plans.
- Assist the ORM Team Head in the development of the KRIs and thresholds with the concerned units, and monitoring of risk mitigation, escalation and management action.
- Act as the Internal Operational Loss Database (IOLD) Custodian for the Bank. Collect/log and analyze operational risk events in the IOLD. Determine loss amounts and loss event classifications, and monitor corrective action plans.
- Monitor/track status policies and procedures endorsed by the business units’ ERMG assessment.
Qualifications
- Graduate of any business-related course
- Relevant certifications is a plus (CRA, CRM, etc)
- Around 3 years of cumulative experience in operational risk management, audit and compliance, operations, etc.
- Proficient in MS Office applications
- Excellent written and oral communication skills
- Strong analytical thinking, critical thinking, and problem-solving skills