Operational Risk Officer Standard Chartered Job in Lahore Pakistan

Job Description Operation Risk Management: 1. Ensuring key controls are in place as per ORMA guidelines to keep within budgeted operating losses. 2. Increased awareness on accountability and appraisal process linked to KCSA Exception and Audit Results as per CMG 3. Proactively communicate with the Unit Head and UORM on operational risk issues 4. Escalate significant events to Respective Unit Head, Senior Operational Risk Manager, UORM, SORO as appropriate 5. Ensure, ’No Surprise’ culture is embedded in the network, 6. Regularization of Missing Account Opening forms. Measures and Targets 1. All Key risks must be documented and known the UORM and Senior Operational Risk Manager 2. ’No Surprise’ issue in the respective branches 3. Operational Losses to minimise 4. 75{97eebaffb719edc77f5d3f263ca9ac303de719282e01b1503d31e8104cb63712} Missing AOF will be regularized in respective branches
CST: 1. Implementation of robust control framework through KCSA Check 2. CST testing/reporting completion within given deadline and exceptions escalated/closure to concern as per policy. 3. Ensure data accuracy and completeness in reporting Measures and Targets 1.100{97eebaffb719edc77f5d3f263ca9ac303de719282e01b1503d31e8104cb63712} KCSA testing/reporting completion within given deadline 2.100{97eebaffb719edc77f5d3f263ca9ac303de719282e01b1503d31e8104cb63712} data accuracy and completeness in reporting 3.Exceptions escalated/closure to concern as per policy.
Audit and Assurance: 1. Attending audit debrief sessions and ensuring closure of the ROFs, All Audits are socialised till date without any delay. 2. Audit reviews and reports should be passed / rated positive i.e. assurance, GIA, SBP, internal/external audit, compliance reviews and surprise inspections Measures and Targets 1. Successful reviews of compliance, Audit, assurance, SBP Inspection. 2. 90{97eebaffb719edc77f5d3f263ca9ac303de719282e01b1503d31e8104cb63712} audit and assurance pass rate with no serious issue.
Policy and Procedure: 1. Reviewing procedures and policies prepared to identify the need for additional procedures and policies towards pro-actively incorporating controls 2. Ensuring all the policy, procedures, operation manual, group guidelines and internal instructions are socialized in our all regions. Measures and Targets No major policy or process gap Policy Gap in process and policy related to distribution Key Roles & Responsibilities Enter roles and responsibilities Qualifications & Skills Enter qualifications and skills