Vacancy title:
Assistant Manager, Operational Risk
Jobs at:
Equity Bank KenyaDeadline of this Job:
20 December 2022
Summary
Date Posted: Monday, December 12, 2022 , Base Salary: Not Disclosed
JOB DETAILS:
Roles and Responsibilities
• 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
• Knowledge of French is an added advantage
Work Hours: 8
Experience in Months: 96
Level of Education: Bachelor Degree
Job application procedure
Interested and qualified? Click here to apply
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