Operational Risk Officer

Bank Dhofar

Muscat, Oman

Ref: HP787-164

Job description / Role

Employment: Full Time

- Assist in formulation and implementation of policies for effective operational risk management system
- Assist in measurement of operational risk capital charge as per various methodologies
- Follow up and collection of monthly Key Risk Indicators with various Divisions/ Departments and maintaining an up to date record in the ORMS system
- Assisting in undertaking of Risk Control Self-Assessment exercise and creation of risk register as well as updating assessment part in the ORMS system
- Loss data base- follow up & collection of loss data timely identification and recording of operational risk loss data and reasons thereof
- Updating ORMS solution from time to time and generating reports as and when required by the management
- Maintain and upkeep of records/ file pertaining to the activities undertaken in the department
- Assist in undertaking of training staff on the areas of operational risk management
- Address any other related matters from time to time

Requirements

- Oman National required
- Should be a degree holder in Finance with at least a minimum of 1 year of relevant experience in a commercial bank
- Should have knowledge on banking process
- Should be able to plan, execute, and finalize the tasks assigned according to deadlines
- Should be self driven, innovative and dynamic

About the Company

Established on January 1 1990, Bank Dhofar is an Omani commercial bank wholly owned and managed by Omanis. With successive years of constantly setting new standards in banking, BD has attained an impressively expanding network of 50 operational branches and 89 ATMs.

Through an international network linked by advanced technology, BD provides a comprehensive range of financial services that encompass personal financial services; commercial banking; corporate, investment banking and markets; private banking; and other activities.

Its Board of Directors & Management Team consists of eminent professionals like accountants, management experts, economists, businesspersons, etc. The Bank has strengths in both retail and corporate banking and is committed to adopting the best industry practices internationally in order to achieve excellence.

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