Identify potential threats and vulnerabilities for business processes, associated data, and supporting capabilities to assist in the evaluation of operational risk.
Collect information and review documentation to ensure that risk scenarios are identified and evaluated.
Create and maintain a risk register to ensure that all identified risk factors are accounted for.
Assemble risk scenarios to estimate the likelihood and impact of significant events on the organization.
Analyze risk scenarios to determine their impact on business objectives.
Develop a risk awareness program and conduct training to ensure that stakeholders understand risk and contribute to the risk management process and to promote a risk-aware culture.
Correlate identified risk scenarios to relevant business processes to assist in identifying risk ownership.
Validate risk appetite and tolerance with senior leadership and key stakeholders to ensure alignment.
Identify and evaluate risk response options and provide management with information to enable risk response decisions.
Review risk responses with the relevant stakeholders for validation of efficiency, effectiveness, and economy.
Assist in the development of risk response action plans to address risk factors identified in the organizational risk profile.
Collect and validate data that measure key risk indicators (KRIs) to monitor and communicate their status to relevant stakeholders.
Facilitate independent risk assessments and risk management process reviews to ensure they are performed efficiently and effectively.
Maintain and manage operational risk events database both internal and external.
Identify and report on risk to initiate corrective action and meet business and regulatory requirements.
Monitor operational risk trends and new developments and prepare risk dashboards.
Extract and manipulate operational risk data for reporting.
Participate in operational risk capital computations and optimization.
Work on ad-hoc analysis to support business performance.
Perform any other activities as may be directed by the Senior Manager.
Qualifications
Desired Knowledge, Skills, and Ability
Critical thinking and problem-solving skills with the ability to analyze complex information to identify the key issue/action and drive resolution
Excellent organizational skills with attention to detail
Skilled communicator with the ability to influence and motivate others
Excellent interpersonal skills
Excellent and effective communication skills, both orally and in writing
Ethical leadership skills, including the ability to manage risk, compliance, and control activities
Excellent analytical and math skills with the ability to interpret vast amounts of performance data.
Candidate’s Profile and Qualifications
A bachelor’s degree major in numerate subjects from a recognized university.
Must have scored a performance rating of 3.5 and above in the last performance appraisals
A risk-related professional qualification
CPA(K), and ACCA qualification is an added advantage.
At least 8 years of working experience in a banking environment with 3 years in the enterprise risk environment and execution in operational risk management.
Proven ability to analyze complex business issues and identify, design, and implement effective practical recommendations
Advanced skills in Microsoft Office – Excel, SQL, Access, PowerPoint, and Programming skills.
In-depth knowledge of risk controls and the regulatory environment and key regulatory regimes
Able to operate in a performance-driven organization
Culturally aware and adept at working across multiple geographies
