Assistant Vice President And Manager Operational Risk And Control

To lead and govern enhancement in the Group Operations department

To lead and govern enhancement in the Group Operations department as a whole by improving the quality of its operational health through operational risk assessments and internal controls. Consistently work independently towards enhancing operational efficiency as well as support in managing operational risk.

Policies, systems, processes & procedures

Manage and govern effective implementation of ORC functional policies, procedures, and controls covering all areas of assigned department activity so that all relevant procedural and legislative requirements are fulfilled while delivering a quality, cost-effective service.
Follow all relevant departmental policies, processes, standard operating procedures, and instructions so that work is carried out in a controlled and consistent manner.
Demonstrate compliance to organization's values and ethics at all times to support the establishment of a value-driven culture within the bank.

Continuous improvement

Contribute to the identification of opportunities for continuous improvement and sustainability of systems, processes, and practices considering global standards, productivity improvement, and cost reduction.

Reporting

Manage and review in the preparation of timely and accurate statements and reports to meet department requirements, policies, and quality standards.

Risk assessments

Effectively and independently carry out the risk assessment to monitor and control the residual risks identified by following the operational risk management (ORM) policies and framework at Group Operations.

Audit remediation

Track, monitor, and support for completing agreed actions for remediation of audit.

Incident management

Manage and govern all the incidents right from control failure till mitigation including determination of owner of the incident in order to log the incidents.

Dashboard reporting

Review of monthly operations dashboard providing details of all the key performance indicators from operations and controls perspective.

KRI / RCSA / action plans

Monitor the timelines of all phases of RCSAs from risk identification to action planning for residual risks including the KRI monitoring.

Periodic reviews

Implement robust tools and processes to identify, mitigate, and assist Group Operations on operational risks by way of OC reviews and tracking open issues for closure.
Manage and carry out independent output control and operational reviews to support Group Operations to identify, mitigate, and assist Group Operations on operational risks.

AML and regulatory compliance

Assist in ensuring anti-money laundering, central bank guidelines, and other internal policies and procedures are strictly followed and any deviations are reported to levels prescribed.

Initiatives and tools

Provide efficient support in demonstrating proactive pursuit of Group Operation initiatives and any external initiatives assigned to ORC or Group Operation and develop exception reports to suit the OC and operational reviews.

Qualifications

Minimum qualification:
Bachelors degree in finance or related discipline.

Minimum experience:
5-6 years relevant experience in the banking sector with at least 3 years in similar positions of progressively increasing managerial responsibilities in the risk management function.

Remote work

No

Employment type

Full-time

Key skills

Computer science, operational risk management, risk management, Six Sigma, continuous improvement, lean, process improvement, pricing, customer support, Alteryx, Kaizen, project management lifecycle

Vacancy

1