Job Purpose:

Reporting to the Acting Chief Risk Officer, the Operational Risk Analyst will assist the Senior Officer – Risk in providing second line risk oversight through the delivery of key reporting and analysis on the risk exposures. The Risk Analyst will also support change initiatives and projects by providing the necessary expertise and by challenging to the wider business whilst also providing analysis and reporting to support these initiatives.

Key Responsibilities:

• Engage in the conduct of risk assessments and assist Business Units in mitigating identified control weaknesses;
• Develop Risk Management framework, policies and procedures and proactively recommend improvements to address emerging risks;
• Identify, monitor and report Key Risk Indicators;
• Ensure incidents are appropriately recorded with a comprehensive root cause analysis and monitor the implementation of remedial actions;
• Assist the Board and Senior Management with the identification of risk appetite tolerance levels and the implementation of appropriate systems and controls to measure and report against those tolerance levels;
• Perform periodical reporting to Senior Management, the Risk Management Committee and/or the Board;
• Conduct Risk Awareness workshops;
• Perform any other related duties, as may be required

Qualifications, Experience & Skills:

• Degree in Finance, Accounting, IT, Risk Management or any related field
• 3 years’ experience in the Banking / Financial Sector
• Previous work experience in Operational Risk and/or Audit, Compliance, or other control functions in the financial industry will constitute an advantage
• Understanding of links with other risk disciplines and how they can operate together in a holistic enterprise wide risk framework
• Understanding of governance around Operational Risk Management including a practical understanding of the ‘three lines of defence’ Model
• Knowledge of development and trends in the Banking and Financial Industries
• Knowledge and understanding of the local regulatory requirements.
• Ability to interact with all functions and levels of staff, including senior management
• Excellent communication, interpersonal and reporting skills
• Ability to solve problems independently, to show flexibility and to act proactively