OPERATIONAL RISK MANAGER

Role summary:
The individual in this role will be responsible for implementing the company’s operational risk management framework, standards and methodology. He or she will also monitor the company’s risk tolerance levels, identify operational risks and assess the adequacy of controls to manage such risks, including recommending enhanced or additional controls.
 

Key Responsibilities
1. Facilitates the alignment of the risk management process with the Bank’s policies and appropriate regulatory framework.
2. Provide a central point of reference and expertise in financial and operational risk matters to the business and support functions⁠
3. Ensure a high level of awareness of all risks in the business including fraud prevention, interest rate risk, credit risk, etc.
4. Prepare reports for Senior Management Meetings on risk issues.
5. Communicates the Risk Management Framework, Standards, Methodologies and other risk principles effectively to the business.
6. Oversee the annual review of risk control self-assessments (RCSA) and risk registers.

Education and/or Experience Required
• A degree in Finance, Economics or a related field
• Certifications in Risk management, such as CIRM, CRCM, ICM or RIMAN
• At least 5 years’ experience in Operational Risk within the financial services sector.
• Good knowledge of risk management best practices and how to implement them.
• Awareness of current industry threats, trends, technologies and issues that potentially affect businesses.