Operational Risk Officer
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Overall rating: 5 out of 5 based on 2 reviews.

Overview

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.

Tagged as: KasbBank

About KasbBank

KASB Bank is now serving clients through 105 locations in 44 cities of Pakistan, offering unique and innovative financial solutions to large portfolio of investment, corporate and consumer banking customers. KASB Bank is regarded as the flagship entity of the group with state of the art technology providing wide scale financial services to a diversified client base. The Bank also provides a host of financial services offered by the KASB Group.