Job Description
Ideal Grade:
OG II
Location:
Karachi
No. of Position:
1
KEY RESPONSIBILITIES:
- Contributes towards formulation and periodic review of Operational risk policy, procedures, strategy and appetite.
- Assist in Risk & Control Self Assessment (RCSA) framework implementation.
- Compiling all the risks identified through loss database maintenance, KRI and RCSA exercises, in the form of an operational risk register.
- Coordinating with departments/OR Coordinators for completion of required details of operational losses and key risk indicators.
- Maintain and Monitor Key Risk Indicators (inventory) of different departments and identify any abnormal behavior.
- Mapping the Operational losses to the respective risk in Risk Register.
- Coordinating with departments in completion of source data which is required regular regulatory reporting.
- Ensuring robustness of the RCSA program on an ongoing basis by comparison of identified risks with actual experienced incidents and implementation of action plans.
- Any other task assigned by the Immediate Supervisor / Group Head.
SKILL & COMPETENCIES REQUIRED:
- Excellent knowledge of banking operations (including loan life cycle, branch & centralized operations and remote banking).
- Knowledge of Operational risks existing in banks and controls generally implemented to mitigate these risks.
- Proficient in MS Office (Excel, Power point, Word).
- Excellent interpersonal & Communications Skills.