Senior Operational Risk Analyst

Job closed

ADIB - Abu Dhabi Islamic Bank

Abu Dhabi, UAE

JOB DESCRIPTION / ROLE

Job Type: Full Time
Job Location: Abu Dhabi, UAE
Nationality: Any Nationality
Salary: Not Specified
Gender: Not Specified
Arabic Fluency: Not Specified
Job Function: Finance, Business Analysis & Consulting
Company Industry: Banking - Corporate

Role purpose

This is a Senior Operational Risk Analyst role is directly responsible for developing a center of excellence for Operational Risk Management (ORM) and will work with ORM champions to implement the ORM framework and foster the culture of strong controls. This role requires a proactive and confident individual, with 7 years' experience in risk and banking activities, who can communicate and build strong relationships across the wider business.

Key accountabilities of the role

Strategy, framework and control governance:

  • Support implementation of the Operational Risk Management policy and procedure within ADIB Group.
  • Support the businesses in and facilitate the identification and assessment of key operational risk exposures within ADIB Group in accordance with ADIB's Operational Risk Management Framework and related procedural standards.
  • Facilitate business units in the identification and root cause analysis of incidents and ensure timely documentation and communication of incidents through ORM system.
  • Support the business in the management of issues and timely implementation of actions.
  • Support the business units in the key risk indicators identification and assessment.
  • Support business units in booking operational losses (write-off / provision).
  • Support the business in updating and monitoring operational risk data using the Group Operational Risk Management platform.
  • Support in the collation of data for regular reports and dashboards on operational risk profiles, analysis and exposures on a regular basis.
  • Support in the review of business units' policies and procedures change management and advisory assignment.
  • Central point to resolve ORM matters and queries raised by the business units (both system and non-system related).

Program management:

  • Support the implementation and sustainment of ORM programs and tools such as Risk and Control Self-Assessment practices (RCSA), Key Risk Indicators (KRIs), Issues and Action Management etc. in ADIB Group.
  • Support in review of ORM policies and procedures.

Training and awareness:

  • Conduct training sessions relating to ORM policies and tools to ensure adequate understanding and awareness throughout ADIB Group.
  • Provide ORM system training to business units as and when required.

Specialist skills / technical knowledge, technical competencies required for this role

  • Bachelor's degree.
  • CIA, CFE or operational risk certification preferred.
  • Internal or external audit experience within a Big 4 firm or in an Operational Risk Management role for a large financial institution.
  • Working knowledge of leading operational risk practices and regulatory requirements.
  • Demonstrated ability to collaborate with senior management.
  • Strong presentation and communication (verbal and written) skills.
  • Knowledge around various banking processes and products.
  • Knowledge of Islamic banking's products, processes, and organization.
  • Computer skills (e.g. Microsoft Office Suite).

Previous experience

Bachelor's degree with 7 years of progressive financial services industry experience, out of which at least 4 years in risk management or compliance role.

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