Main Responsibilities of the Job
Operational Risk Identification and Assessment:
• Identify and assess potential threats: Analyse natural disasters, cyber threats, human
errors, and other vulnerabilities that could disrupt operations.
• Develop and implement risk mitigation strategies: Implement preventative measures like
technology upgrades, security policies, and staff training to minimize the likelihood of
disruptions.
• Maintain awareness of emerging risks: Stay updated on changing risk landscapes and
adapt the BCP and mitigation strategies, accordingly, reporting on potential impacts.
• Work with respective departments to develop their respective risk and Control selfassessments to identify, assess, and prioritize operational risks across the bank’s
activities, systems, and processes.
• Ensure potential risk events across all operational domains are Identified and
categorized through department Risk Control Self assessments.
• Assess the likelihood and potential financial and reputational impact of each risk event
using validated methodologies.
• Rank risks based on their severity and urgency for mitigation.
• Document the risks identified through the preparation of a risk register for the Bank.
• Participate in the development of departmental risk indicators, implement Enterprisewide key risk indicators ( KRIs) and monitor their performance.
• Assess the capital charge resulting from operational risk weighted assets.
• Prepare and conduct the product, program and projects risk assessment and provide
recommendations.
• Prepare risk champions refresher training on regular basis, to ensure a risk aware
culture through different programs ( BCP, operational risk programs among others)
• Participating in fraud investigation that may arise from the course of the bank’s
operations.

Professional, academic qualifications and experience
• Bachelor’s degree in finance, project management, or a related field. A master’s
degree or professional certifications (e.g., FRM, PRM, ISO 22301 Certified, ISO
31000 Certified) is desirable.
• Preferable to have an audit background for at least 2 years’ experience in a
financial institution or audit firms.
• Minimum of 4 years of experience in Operational risk management.
• Strong strategic thinking and analytical skills to align operational risk management
with the overall Bank strategy.
• Leadership qualities with the ability to effectively communicate and collaborate with
stakeholders at all levels.
• Good Understanding of Operational Risk Concepts and metrics for assessing,
measuring, and reporting operational risks events.
• Strong qualitative, analytical, and critical thinking skills to address complex operational
risk challenges and develop effective solutions.
• Ability to adapt to evolving regulatory environments and industry best practices