JOB OBJECTIVES
OPRISK MONITORING – RISK IDENTIFICATION & ASSESSMENT

• Coordinate the Control Self-Assessment (RCSA) activities of the Bank in line with the annual workplan for the identification of inherent risks in products, processes and/ or services, and systems of the Bank as well ascertain the effectiveness of existing controls and control environments, identify control gaps and facilitate the development of new controls to replace failed or weak controls
• Establish and maintain a risk mitigating/corrective action plan database for the Bank
• Tracking and Reporting of Unresolved Risk Mitigating Action Plan
• Develop and Maintain Business Environment Internal Control Factors Library (BEICFs)for
• Operational Risk Measurement and Management
• Monitor the risk profile of the Bank – via changes in Key Risk Indicators (KRIs) – and report to relevant stakeholders when risks go beyond the Bank’s risk appetite/ tolerance levels
• Develop and maintain a robust risk register for the Bank

LOSS REPORTING

• Coordinating and maintaining accurate and robust loss databases in the Bank in compliance with the Requirements of Basel II Accord and meet Regulatory standards for
• Operational Risk Capital Calculation by Financial Institutions
• Loss Reporting training interventions

POLICY & FRAMEWORK DEVELOPMENT

• To ensure set principles and standards designed to align various actions, processes, systems and activities aimed at achieving the specific goals and objectives of the Bank in an effective and efficient manner is achieved
• Drive Policy reviews bank-wide in line with established timelines
• Drive Policy Appreciation Programme (PAP) aimed at ensuring all employees are in-tune with the Bank’s Policy

BUSINESS CONTINUITY MANAGEMENT/CRISIS MGT/INCIDENT REPORTING & MGT

• Facilitate and co-ordinate the development of work area ( business function) business continuity plans as well as annual testing process for all business units
• Coordinate the business continuity management and documentations.
• Create awareness on incident reporting and ensure periodic trend analysis to Management.

JOB REQUIREMENTS

• Education University first degree in Business related fields ((MBA, MSC, MA, ML and/or Professional Qualifications compulsory)
• Experience – 1-3 years’ experience in banking