DirecciónJob Description
Job Summary :
To minimize risk of loss to the group by defining and ensuring compliance with the approved risk mgt. framework and processes for identification, controlling, managing and reporting Operational Risk while ensuring that all key risks facing the bank are proactively managed in line with best practices.
Responsibilities :
- Establish ORM function and implement the Operational Risk policies, processes and systems across the Bank.
- To identify, assess, monitor, control / mitigate and report the Operational Risks in business lines in conjunction with personnel from different functions.
Seek approval from senior management (as and when necessary) for managing Operational Risks.
- Review and recommend updates (as and where applicable) of specific Operational Risk policies, standards, procedures and guidelines to manage the Operational Risk cycle (ideDntify, measure, monitor, mitigate / control and report) and seek approval from CRO / RMC / BRMC / BOD.
- Responsible for setting up appropriate Operational Risk tolerance levels that are in line with the bank's defined risk appetite.
- Identify industry best practices and keep up to date on rules and regulations in Operational Risk and maintain a repository of all related documents.
- Ensure that any new measurement techniques as approved by the CRO are incorporated in the Operational Risk policy
- Responsible for documenting ORM process within the Operational Risk policy.
- Responsible for incorporating Operational Risk reporting framework as part of Operational Risk policy and updating the measurement techniques including the VaR methodology within the Operational Risk policy.
- Responsible for providing inputs to risk strategy & capital planning function for computing economic capital.
- Management of risk assessment, development of polices, standards and procedures, testing and security reporting processes.
- Ensure that the Bank achieves compliance and certification to PCI DSS, ISO 27001 etc.
Requirements
Job Requirements :
Educational Qualification
- A good first Degree or equivalent in any Discipline.
- Recognized professional certification such as CFA, CIS, ACCA, ACA, CISM, CISSP etc.
Experience
Minimum of 10 years post-qualification experience in Risk Mgt. or related area within the financial services industry of which at least 7 must have been in the Banking sector and 5 years must have been at a senior mgt. level.
Added advantage
- Candidate must have been involved in Basel II implementation project in any of the foremost Nigerian commercial banks particularly in ORM.
- Candidate must have been involved in the development and implementation of an ORM framework in commercial banks in Nigeria.
- Must be very conversant with Basel II and CBN regulatory guideline on the implementation of the capital requirement in Nigerian Banks
Requirements
Job Requirements : Educational Qualification - A good first Degree or equivalent in any Discipline. - Recognized professional certification such as CFA, CIS, ACCA, ACA, CISM, CISSP etc.
Experience - Minimum of 10 years post-qualification experience in Risk Mgt. or related area within the financial services industry of which at least 7 must have been in the Banking sector and 5 years must have been at a senior mgt.
level. Added advantage - Candidate must have been involved in Basel II implementation project in any of the foremost Nigerian commercial banks particularly in ORM.
- Candidate must have been involved in the development and implementation of an ORM framework in commercial banks in Nigeria.
- Must be very conversant with Basel II and CBN regulatory guideline on the implementation of the capital requirement in Nigerian Banks
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