Head of Operational Risk
A Leading Investment Company in Kuwait
Kuwait
Ref: KP360-13
A Leading Investment Company in Kuwait

The Role


The Role


- Establish operational and BCM risk management policies, framework, self-assessment templates & key risk indicators, & liaise with all concerned parties for implementation
- Develop, maintain and continuously improve the operational risk management strategy in line with the Firm's overall risk appetite
- Define a risk-based approach to identifying, monitoring, measuring and reporting various types of operational risks and liaise with the related departments to ensure the framework is in place across the Firm
- Develop risk assessment techniques and templates, key risk indicators, procedures, systems in accordance with operational risk and BCM policy and framework
- Enhance awareness of operational risk management and BCM management across the Firm through training sessions and materials
- Perform reviews of the Firm's product and processes and provide risk mitigation controls (solution-oriented approach)
- Review frequency and seriousness of breaches and significant increases in operational risk exposure
- Generate regular reports reflecting the measurement of operational risk and recommend actions to address gaps and breaches.
- Report the status of business continuity process of all functions & Firm entities

Requirements


Requirements


Education: Post Graduate degree in banking or any related field from a recognized university. Recognized relevant professional certificates preferred

Experience: over 10 years experience in Operations in a leading Investment Bank/Corporate Bank of which at least 3 years in a senior position in Operational Risk

Competencies:

- Fluent in English (Arabic is a plus)
- Solid understanding of the banking business
- Advanced analytical and modeling skills
- Advanced mathematical, analytical, and modeling skills
- Proven ability to interact effectively with senior management
- Good communication, presentation, and interpersonal skills

About the Company


About the Company


A leading investment company in Kuwait.

This Position is closed or expired