Senior Manager, Operational Risk Management Gulf Bank Posted on March 4, 2019 5 - 10 years Al Kuwait - Kuwait Any Nationality Send Me Jobs Like This SEND Alert Set Successfully Opening 01 Job Description EMAIL JOB SEND Email sent successfully. SHARE JOB * Job purpose: Implement the bank-w ide Operational Risk Management framework to identify operational risks and ensure processes are established and maintained to manage those risks on a bank w ide basis Accountabilities: Operational Risk Management: a) Implement and facilitate operational risk framework on a bank w ide basis, which identify and assess operational risk as well as recommend mitigation plans to manage those risks b) Analyze operational risk trends / risk inter-relationships from RCSA s, Incident reports, Operational losses, KRIs etc. and highlight key learnings and results along with recommended action plans to senior management and risk committees. 2. Incident Reports: Record the incidents; review /analyze the root cause and provide appropriate suggestion as remedial measure to mitigate the identified risks. 3. Operational losses: Manage the recording of operational losses of the bank and ensure these are addressed through reporting, effective root cause analysis, etc. and recommend appropriate actions for operational loss prevention. 4. Risk identification and management on a bank wide Basis: Embed operational risk management through implementation of RCSA and KRIs 5. New products and activities: Assess and address operational risk in new products and activities 6. Internal Controls Governance Committee (ICGC): Support Head of Operational Risk in creating effective presentations and highlighting key risks to ICGC. 7. Audit reports and comments: Ensure operational risks embedded in audit reports are addressed through process improvements etc. 8. Operational Risk Policy & Procedures: Recommend appropriate changes / updates to the Operational Risk Management policy manual and procedures. 9. Risk Disclosures and MIS : Report to internal and external stakeholders on risk issues 10. Corporate governance on a bank w ide basis: Ensure that corporate governance is complied with at all times on a bank w ide basis and take necessary corrective actions in events of non-compliance 11. Reporting: Highlight Operational Risk issues, RCSA, KRIs, Incidents, Loss event details, etc. to Risk Committees 12. Business Continuity Planning (BCP): Perform backup role to the Bank s BCP coordinator in case of leave/absence. Support the BCP testing and framework implementation. Leadership & People Management: Exhibit strong leadership by managing performance, developing and motivating staff. Maintain the culture of GB and promote a high performance work environment Enhance talent retention through Implementation of key initiatives Policies & Procedures: Recommend improvements to departmental policy and direct the implementation of procedures Corporate Governance: Ensure compliance with all CBK, CMA, GB operational procedures, Risk and AML policies Company Industry Banking / Financial Services / Broking Department/Functional Area Finance / Treasury Desired Candidate Profile * Education /Qualifications: Graduate/Post graduate degree in Risk, Internal Control, Banking, Accounting or Management etc. Knowledge: Knowledge of local banking practices in Kuwait. Strong understanding of banking systems and technology risk. Very good knowledge of normal banking products, policies, procedures and processes Experience: 8 to 10 years experience with at least 5 years in related function in financial Institution or audit firm with bank audit or Internal Controls specialization Keywords Operational Risk Management Cmainess Continuity Planning Corporate Governance Loss Prevention Root Cause Analysis Performance Management Bank Accounting Management Banking Products REPORT THIS JOB Disclaimer: Naukrigulf.com is only a platform to bring jobseekers & employers together. Applicants are advised to research the bonafides of the prospective employer independently. We do NOT endorse any requests for money payments and strictly advice against sharing personal or bank related information.We also recommend you visit Security Advice for more information. If you suspect any fraud or malpractice, email us at firstname.lastname@example.org People Looking for Manager Risk Management Jobs also searched Manager Risk Management Jobs Banking Jobs Auditing Jobs Bank Accounting Jobs Finance Jobs Internal Control Jobs Bank Audit Jobs Gulf Bank View Contact Details Contact Name/ Designation: - Website https://gulfbank.taleo.net/careersection/ex/jobdetail.ftl?job=12800&lang=en Additional Information Required Employer has requested some additional information along with your application for this job Cancel Login to Naukrigulf Continue using GOOGLE FACEBOOK All your activity will remain private or Forgot Password?