Head of Operational Risk Unit

Key Responsibilities

  • Operational Risk Events:​ Help supervisor to proactively identify and report opportunities for improvement and when necessary, report and take remedial steps for corrective actioning including revisitation/amendment of risk registers and closure of treatment plan as appropriate.
  • Operational Risk Management reporting:  Support in developing and fulfilling Operational Risk reporting requirements in line with the Bank management requirements.
  • Risk Training & Awareness: Assist in developing and delivering a risk awareness plan and champion the overall awareness of risk issues within the Bank, helping ensure staffs are aware of their risk management and compliance obligations.
  • Operational Risk Management Framework/Policies:
  • Support and facilitate implementation / management of Operational Risk framework.
  • Recommend changes to risk policy and procedural enhancements / changes across the business.
  • Review new processes, procedures and change initiatives.
  • Maintenance of the Business Continuity Plan and associated documents, in conjunction with department heads. Rehearsal of the BCP and awareness training with staff
  • Work with the IT department to have an effective Disaster Recovery Plan in place
  • Maintenance and awareness of Crisis Management Plans
  • Risk Assessments: Complete risk assessments, including framework, stakeholder involvement, process and Risk Register documentation.
  • Risk Register Management: Provide support to the direct supervisor and other managers to maintain registers as required, ensuring relevant risks and obligations are identified, assessed and mitigation strategies established and monitored.
  • Risk Treatment plans: Support in providing the expertise to ensure treatment planning is undertaken by appropriate stakeholders to appropriately identify treatment options and select optimal treatment plans including compliance checkpoints.

Qualification/Experience Profile

  • Qualifications in a business related field such as Commerce/Law
  • Good knowledge of the principles of Operational Risk Management
  • Good knowledge of front/back office processes and procedures; and related controls
  • Good understanding of the link between business and resource strategy
  • Good people management skills
  • Highly motivated and committed
  • Good written and oral communication, planning, problem solving and organizing skills
  • Computer literacy
  • Good problem identification & resolution skills
  • Concern for Quality & Standards
  • Demonstrates Initiative
  • Developing People
  • Results Orientation
  • Develops and Applies Business Knowledge
  • Planning & Co-coordinating
  • Supporting & Managing Change
  • Building Relationships & Networks
  • Succeeding Through Collaboration
  • Legislative and Regulatory Requirements