Senior Analyst - Operational Risk & Business Continuity

Key Responsibilities:

• Provide support in the implementation and continual improvement of the Operational Risk Management and Business Continuity Plan in line with QCB guidelines, and Basel standards.
• Ensure that the Bank's Operational Risk Management Framework is applied consistently according Bank’s policies & Standards to effectively identify, assess, mitigate, and manage operational risk within the Bank.
• Provide assistant in following-up with relevant departments to ensure status tracking of key Risk indicators and open incidents are closed within agreed target dates.  Provide assistance in planning and coordinating the Disaster Recovery (DR) and Business Continuity Planning (BCP) testing, including any necessary training.
• Provide assistance in preparing the Operational Risk Management Information System monthly Pack. Collect needed data for this pack from the assigned departments.
• Assist in assessing emerging risks, including those related to new business, new products or significant process / business changes and propose effective solutions.
• Assist in dealing with enquiries from internal auditors and external auditors and ensuring that any identified control weakness or risks are closed in timely manner.
• Assist in planning and coordinating Operational Risk Self-Assessment (ORSA) Exercise, including periodic communications and follow-ups.
• Track and monitor open actions resulted from IDM, NPAP, ORSA including KRI. Assist in the follow-ups to ensure timely closures.
• Ensures that all relevant reports are prepared accurately as required by the Unit Head and CRO including coordination and compilation of monthly Operational Risk & Business Continuity Reports to Senior Management as per the set deadlines.
• Assist in the preparation of the periodic slides for the Board risk & compliance Committee, and Operational Risk Committee to communicate the effectiveness of operational controls and reports issues and recommendations to mitigate risk/loss.
• Undertake any other duties of similar nature that are related to the department and are within the expertise and skills of the jobholder as advised by CRO.

Qualifications & Skills:

Minimum Qualifications:

• Bachelor’s Degree in a relevant subject.

Minimum Experience:

• Preferable experience of 02 - 04 Years in Operational Risk Management.

Skills & Knowledge:

• Knowledge of Operational Risk processes, policies, QCB guidelines and Basel Standards.
• Proven ability to communicate complicated Operational Risk issues in a clear and concise format
• Ability to recognize control weaknesses and opportunities for improvements.
• Good negotiation skills for successful implementation of risk mitigation strategies.
• Demonstrable skills of working independently as well as a member of a high performing team.
• Takes initiatives and is assertive in decision-making to get work done within target dates.