VP, Operational Risk Management
Job Description
Job Description
The role is responsible for implementing the Bank's Operational Risk Management Framework and strengthening operational resilience across the organisation.
Job Responsibilities
The role is responsible for implementing the Bank's Operational Risk Management Framework and strengthening operational resilience across the organisation.
Job Responsibilities
- Lead the implementation of Risk and Control Self-Assessment (RCSA), Key Risk Indicators (KRI), incident management and data collection requirements.
- Adapt Group operational risk and business continuity policies to meet local regulatory and business requirements.
- Provide independent risk oversight and advice on new products, processes, systems, outsourcing arrangements and third-party risks.
- Review and challenge risk assessments, control testing, risk profiles and operational risk incidents.
- Lead bank-wide business continuity planning, testing, training and crisis preparedness initiatives.
- Prepare timely operational risk, loss, KRI and outsourcing reports for Management.
- Coordinate regulatory submissions, audits and inspections relating to operational risk, business continuity and outsourcing.
- Conduct training and awareness programmes to strengthen the Bank's risk culture.
- Participate in relevant banking industry committees and promote industry best practices.
- Analytical
- Detail-Management
- Professional qualification or Degree in Finance, Business, Engineering, Risk Management or a related discipline.
- At least 10 years of relevant experience in operational risk management, business continuity management or a related role.
- Strong understanding of banking businesses and operations, including Retail and Corporate Banking.
- Sound knowledge of operational risk, business continuity, outsourcing and third-party risk management.
- Strong leadership and interpersonal skills, with the ability to engage senior stakeholders and cross-functional teams.
- Good presentation, communication, analytical and advisory skills.
- Ability to balance effective risk management and controls with business needs.
- Able to work effectively in a changing, complex and multifaceted environment.
More Info
Key Skills
Risk and Control Self-Assessment (RCSA)
Key Risk Indicators (KRI)
Crisis Preparedness
About Company
Skills:
Risk and Control Self-Assessment (RCSA), Key Risk Indicators (KRI), business continuity management , Incident Management, Regulatory Submissions, Training and awareness programmes, Data Collection, Business continuity planning, Audits and inspections, Operational Risk Management, Third-party risk management
Skills:
Data Analytics, Data Governance, Automation, Data Quality Frameworks, SWIFT messaging standards, Reference Data Management, Settlement Instruction Management, Operational risk controls, Counterparty Client and Account Data Management, Securities Master and Instrument Configuration
Skills:
Business Continuity Management (BCM), Third-Party Risk Management (TPRM), Resolution Planning (RP), Key Risk Indicator (KRI) reporting, Data Loss Protection (DLP) governance, Risk Control Management
Skills:
Power Bi, Excel, Software Development Life Cycle, Change Management, Operational Risk Management, Powerpoint, Sharepoint, Regulatory Expectations, Risk Management Frameworks, Project Management, Stakeholder Management
Skills:
Data Analytics, Dashboard Design, RCSA program, escalation protocols, risk identification, risk appetite statement, loss data management, ISO 31000, Root Cause Analysis, risk taxonomy, COSO ERM, KRIs, Enterprise Risk Management, Operational Risk Management, remediation tracking, governance structure, operational resilience, business continuity practices