Risk Officer

Job description / Role

QNB Group, the biggest bank in Qatar, and a leading financial institution in the Middle East and Africa, is looking to hire a Risk Officer, to meet the requirements of the expansion of its office in QNB - Oman//Muscat.

QNB Group’s presence through its subsidiaries and associate companies now extends to more than 30 countries across 3 continents, providing a comprehensive range of products and services. The total number of staff is more than 28,000 operating from over 1200 locations.

Role Summary:

We are hiring someone to be responsible for supporting implementation of the operational risk management framework in the branch.

You will be responsible for implementing operational risk processes internal and external fraud, employment practices and workplace safety, clients, products, & business practice, damage to physical assets, business disruption & systems failures and execution, delivery, & process management for the country and will ensure independent and objective analysis and monitoring of operational risk.

You will assume prime responsibility for information security to assure that information created, acquired or maintained by the branch, and its authorized users, is used in accordance with its intended purpose; to protect the branch information from external or internal threats; and to assure that it complies with statutory and regulatory requirements regarding information access, security and privacy.

Role Description:
• Assist in the implementation of Operational Risk Management Framework (ORMF) that covers the Country’s level of operational risk appetite and tolerance, including the extent of which, and manner in which, operational risk is transferred outside the Country
• Support the Manager Risk with information to on methods for calculation/measurement of operational risk.
• Work with Compliance to provide management with updates on regulatory changes pertaining to operational risk.
• Provide timely and accurate information to the external and internal auditors and the Compliance function as and when required.
• Serve as Incident Management Lead on critical incidents and oversee incident response planning and security breach investigations
• Support the management to enable the Country to meet the requirements of operational risk management as specified by the Country Central Bank.
• Assist with implementation of Operational Risk processes to cover all operational areas of the Country, including new products / process and system implementations.
• In coordination with IT, promote awareness of/compliance with all relevant Information Security Standards/ policies in line with ISACA/ COBIT pronouncements and other best practices to safeguard the information assets of the Country.
• Work with the Security team to maintain an effective physical security framework - including a risk assessment and monitoring programme for the Country to safeguard the physical knowledge assets of the Country against the risk of loss/ theft.
• Assist with periodic reporting of the Country’s operational risk exposure to the relevant Board/ management level committees.

Requirements

• Bachelor Degree preferably in business, finance, economics or related subjects.
• Typically a minimum of 2 years experience in the operational risk function of a major bank. Understanding of operational risks across the full product/ process range found in banks
• Excellent oral and written communication skills in English and Arabic
• Knowledge of Basel Committee best practices pertaining to Operational Risk.
• Experience of IT Risk
• Well-developed analytical and interpersonal skills.
• Bachelor Degree preferably in business, finance, economics or related subjects.

About the Company

QNB Group is the biggest bank in Qatar, and a leading financial institution in the Middle East and Africa is hiring.

QNB Group’s presence through its subsidiaries and associate companies now extends to more than 30 countries across 3 continents, providing a comprehensive range of products and services. The total number of staff is more than 28,000 operating from over 1200 locations.

QNB will assist you to take charge of your career with rich and varied opportunities to experience different parts of our global business and develop a valuable portfolio of skills and knowledge.