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ASSISTANT MANAGER - OPERATIONAL RISK
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ASSISTANT MANAGER - ....
back_arrow ASSISTANT MANAGER - OPERATIONAL RISK

ASSISTANT MANAGER - OPERATIONAL RISK

3 - 0 years
KWD 1 - 100
1 Vacancy

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ASSISTANT MANAGER - OPERATIONAL RISK

Job Description

Req ID : 1267769
  • Maintain updated knowledge of rules, regulations and standards in the field and related matters of interest to the department.
  • Provide guidance to BUs to identify risks and assist in developing necessary controls and processes to manage those risks.
  • Execute operational risk assessments adhering to the planned approach and delivering quality work in line with bank standards.
  • Participate, follows up, maintains, and prepares reports for Risk and Control Self-Assessments (RCSAs).
  • Investigates incidents involving procedure losses, partial losses or total procedure failures and recommends appropriate corrections to enhance the operational performance.
  • Evaluates new product procedures and accordingly makes the decision to accept or deny processes. Follows up the approval chain through multiple committees.
  • Monitors procedures after implementation to track possible risk triggers and accordingly amend such triggers.
  • Ensure closure of open risks through the implementation of mitigating controls & manage escalations, if required.
  • Participate in all internal and external audits, attending meetings as required
  • Successfully tackle ad-hoc assignments and small-scale projects as and when requested

Company Industry

Banking / Financial Services / Broking

Department / Functional Area

Top Management / Senior Management

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