ASSISTANT MANAGER - OPERATIONAL RISK
Posted on :
21-07-2022
Employer Active
1 Vacancy
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Jobs by Experience
3 - 0 years
Monthly Salary
KWD 1 - 100
Nationality
Any Nationality
Gender
N/A
Vacancy
1 Vacancy
Posted on :
21-07-2022
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
Employment Type
Full Time
Company Industry
Department / Functional Area
Key Skills
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